HR Digest

APRIL 9, 2024

In an exclusive interview with HR Digest, Trent Henry, EY’s Chief Human Resources Officer (CHRO), shares key strategies driving EY’s commitment to diversity, innovation, employee well-being, and leadership development. EY is known for its focus on innovation. Our DE&I approach is multifaceted.

Diversity 52

Diversity Career Globalization Learning-by-Doing 52

In the CEO Afterlife

DECEMBER 7, 2014

To rise from the ashes, our young management team made several tough sacrifices to transform a multi-product, multi-brand operation from generalist to specialist. For companies without clout, competitive advantage can be realized by keeping things simple, by cutting out the complexity cancer that is crippling so many enterprises.

Human Resources 183

Human Resources Restructuring Competitive Advantage Marketing Strategy 183

HR Digest

JANUARY 6, 2022

The pandemic gave us the opportunity to really test our agility and innovation, and I am proud to say we exceeded expectations, ” she says. “ While challenging, this process brought a discipline into Neustar that has served as the foundation for a heightened focus on our employee experience – a formal and regimented change management process.

Leadership 52

Leadership Agility Diversity Competitive Advantage 52

The Practical Leader

AUGUST 22, 2011

In Beyond Performance: How Great Organizations Build Ultimate Competitive Advantage Keller and Price reinforce the decades of accumulating research showing that roughly 70% of organizational change programs fail. Act : How do we manage the journey? Innovation and Learning&#. Highly effective organizations have both.

Competitive Advantage 68

Competitive Advantage Price Organization Review 68

HR Digest

MAY 3, 2019

"Workforce Skills Upgrade: A New Competitive Advantage" SAP is one of the few companies leading diversity & Inclusion, having implemented a comprehensive workforce skills upgrade since 2017. Let’s innovate, disrupt, and challenge the status quo. The HR Digest: How are you going to shake things up next? PHOTOS: SAP.

Ries 76

Ries Skills Human Resources Software 76

In the CEO Afterlife

JUNE 4, 2012

They are staffers, not line managers. Internal Strategic Planning managers do the same thing. Here are the key differences between the species: Strategists are obsessed with bolstering their company’s competitive advantage. Strategic Planners collaborate with management to uncover strategic direction.

Strategic Planning 221

Strategic Planning Document Competitive Advantage Consultative 221

N2Growth Blog

AUGUST 9, 2010

If you don’t have direct competition you’ll surely have indirect competition. What about competing against the innovation of others that could cause the obsolescence of your product or service? You will also be competing to retain talented employees that other companies would like to lure away.

Blog 288

Blog Brand Depreciation CEO 288

In the CEO Afterlife

MARCH 28, 2012

Imagine Apple without innovators or Zappos neglecting service or Whole Foods selling a slew of processed foods loaded with saturated fat. With the exception of mega-company “clout” in the marketplace, sustainable competitive advantage cannot survive in toxic cultures. Provide strategic direction to management.

Competitive Advantage 131

Competitive Advantage Long-term CEO Ethics 131

HR Digest

JUNE 24, 2023

HR analytics, also known as people analytics or workforce analytics, is a data-driven approach that empowers Human Resources Management (HRM) by collecting, analyzing, and interpreting HR data. By applying prescriptive analytics, organizations can optimize HR processes, such as recruitment, training, and performance management.

Metrics 98

Metrics Trends Compliance Analysis 98

Harvard Business Review

OCTOBER 12, 2023

To enhance their effectiveness in this arena, they must become more curious to develop the innovations we require, as well as more eager to adapt their behaviors accordingly. Striving towards intergenerational leadership is key to overcoming these issues and unlocking competitive advantage by enhancing businesses’ capacity for renewal.

Competitive Advantage 21

Competitive Advantage Leadership Innovation Development 21

Skip Prichard

JUNE 22, 2020

There is no doubt that strong culture translates into a powerful competitive advantage. In fact, there is a huge risk in undervaluing the advantage the right culture plays. The culture required to drive a strategy of innovation is different from the culture required to develop efficiency or operational excellence.

How To 107

How To Middle Management Reputation Short-term 107

Marshall Goldsmith

DECEMBER 16, 2013

The new work contract – where employees take responsibility for their own careers and corporations provide them with career-enhancing but impermanent opportunities – can be as difficult for organizations to manage as it is for individuals. We must manage our human assets with the same rigor we devote to our financial assets.

Bureaucracy 151

Bureaucracy Intellectual Capital Kotter Telecommunications 151

In the CEO Afterlife

MARCH 1, 2016

This company earned that honor by re-staging a tired coffee brand with innovative packing technology and breakthrough advertising. After buckets of red ink and much soul searching, our young management team came to terms with the fact that Nabob could not survive as a ‘generalist’ against multi-nationals twenty times its size.

Brand 100

Brand Competitive Advantage Marketing Strategy CEO 100

In the CEO Afterlife

MARCH 5, 2013

The competitive advantage lies in how Yahoo’s employees work together to fulfill Marissa Mayer’s strategic vision. To recapture the hearts and minds of current and future customers, her next play will have to be strategic within product and service. In 24 to 36 months, Yahoo will be a different demographic and psychographic animal.

Competitive Advantage 241

Competitive Advantage Reputation Strategy CEO 241

Harvard Business Review

MAY 29, 2013

We share a common belief that innovation comes from the edges," said Luisa Delgado , an SAP HR director, who noted the company valued the ability of many autistic people to "think differently and spark innovation." Ironically, a cure for autism likely obliterates the disorder''s competitive advantage in the global marketplace.

Competitive Advantage 8

Competitive Advantage Ethics Human Resources Pharmaceuticals 8

In the CEO Afterlife

MARCH 18, 2015

This can mean expanding product lines, entering new markets and geographies, line extending brands, acquiring new businesses, creating projects, and adding layers of management to manage the self-created complexity. With 60% of annual sales coming from innovative new products, it is clear that LEGO has not been idle.

Apparel 100

Apparel Brand Franchising Competitive Advantage 100

In the CEO Afterlife

SEPTEMBER 8, 2015

Rather, it is using judgment at the right time and in the right place to seize the competitive edge. Competitive advantage, not information, is power. Leaders and managers who work in these industries need all of the information. It is experience that improves a person’s ability to take action.

Power 100

Power Competitive Advantage Airlines Information 100

Rapid BI

NOVEMBER 7, 2012

They need to innovate , they need to meet the changing expectations of customers. To do this front line employees need to be trusted with the resources required. Managers and leaders need to realise that the data they can get from front line staff and customers can be a real competitive advantage.

B2B 49

B2B Competitive Advantage Trends Learning-by-Doing 49

Strategy Driven

FEBRUARY 6, 2015

Quality is not something that managers assign others to achieve. Rather than assume all is wrong or right with an organization and take a defensive posture, management must view quality as essential to their economic survival or growth. It is not enough for management to endorse quality programs; they must actively participate.

Quality 50

Quality Metrics Strategic Planning TQM 50

Harvard Business Review

NOVEMBER 19, 2013

Increasing creativity and innovation is not only on the priority list for start-ups; it’s also a strategic goal for CEOs of small, medium, and large-sized companies. And it’s one that stems from a very human problem in most big organizations. It seems we’re all racing to get more entrepreneurial. A Different Approach.

Innovation 9

Innovation Company Entrepreneur Constraint 9

HR Digest

JANUARY 19, 2023

The evidence is clear that more diverse and inclusive organizations are more creative, innovative, and higher performing. It is a key competitive advantage. How are you planning to manage these challenges? Angie Freeman , Chief Human Resources & ESG Officer, C.H.

Supply Chain 109

Supply Chain Human Resources Diversity Transportation 109

Harvard Business Review

SEPTEMBER 24, 2014

Now in their late 30s and 40s, Xers make up the bench strength for management. They are the skill bearers and knowledge experts corporations will rely on to gain competitive advantage in the coming decades. Generational issues Talent management' Ding, ding, ding. The clock is ticking. Show them the route to the top.

Competitive Advantage 11

Competitive Advantage Talent Management Survey Human Resources 11

Harvard Business Review

JANUARY 27, 2017

At some of the world’s most successful enterprises — Google, Netflix, Amazon, Alibaba, Facebook — autonomous algorithms, not talented managers, increasingly get the last word. Elite MBAs (Management by Algorithm) are the new normal. Top management would have to trust its computationally brilliant bidding software.

Outsourcing 8

Outsourcing Software CAPEX Competitive Advantage 8

Harvard Business Review

JULY 15, 2013

As gerajohm commented, "The best executives I have met have had a great understanding of how to use technology to gain competitive advantage and improve operations. They worked together to identify the technologies that could improve the company''s competitive advantage versus technologies that were needed to support the business.

CIO 8

CIO Crisis Competitive Advantage Webinar 8

Harvard Business Review

JUNE 16, 2017

Managing HR-related data is critical to any organization’s success. Vincent Tsui for HBR. And yet progress in HR analytics has been glacially slow. Consulting firms in the U.S. and Europe lament the slow progress. Insight Center. Putting Data to Work. Sponsored by Accenture. Analytics are critical to companies’ performance.

Human Capital 11

Human Capital Metrics Analysis Survey 11

Harvard Business Review

AUGUST 16, 2013

Over the last 30 years I have served a large range of organizations as either a director or a trustee with the specific role of helping them exploit IT for competitive advantage. As many companies move from exclusively internal focused R&D to distributed-innovation systems (e.g., Generating Top-Line Growth.

Enterprise Architecture 8

Enterprise Architecture CIO Horizontal Integration Information Technology 8

Harvard Business Review

MARCH 10, 2014

But he needed a business model that would turn what others saw as a deficit into a source of competitive advantage. Friedman has redesigned the way work is structured, organized, and managed to suit his employees. What innovations do you need to meet the unique needs and bring out the best in your workers?

Company 8

Company Venture Capitalist Entrepreneur Competitive Advantage 8

Harvard Business Review

MAY 20, 2015

Organizations have always depended on data — to manage operations, to communicate with customers, to pay employees and suppliers, to plan their futures, and so forth. Similarly, Fitbit counts steps and provides some simple summaries that help people better manage their fitness. But how, and at what price?

Business Model 8

Business Model Price Competitive Advantage Strategy 8

Harvard Business Review

DECEMBER 6, 2010

Today, the guild mentality persists within companies, where functions such as marketing, sales, finance, IT, human resources and R&D all have their own area of special expertise. Each initiative claims it is critical to the success of the organization, yet their competition puts that very success in jeopardy.

Operations 13

Operations Competitive Advantage Supply Chain Retail 13

Harvard Business Review

DECEMBER 6, 2017

They shared five key insights for employers looking to improve retention and engagement, including how to improve manager training, diversity and inclusion, and scheduling. The good news is that multiple employers are already innovating in these areas. Train frontline managers to support people and process.

Survey 8

Survey Retail How To Reis 8

Harvard Business Review

JANUARY 12, 2018

Is it the responsibility of your company’s most senior managers, or should it be a more distributed responsibility? Is their focus and behavior consistent with this responsibility, or is it merely an addition to their overriding day job? If that’s the case, you urgently need to address this gap in leadership focus and capability.

Company 8

Company Long-term System Operations 8

Harvard Business Review

JANUARY 23, 2014

A few years ago Dave Ulrich, a management thought leader from the University of Michigan, made a comment I found both insightful and profound: “ Every leader needs to have a model of organization design.” An effective organization design model guides a manager in answering five fundamental questions in a thoughtful and well-integrated way.

Ulrich 8

Ulrich Cost Efficiency Consultative 8

Harvard Business Review

SEPTEMBER 26, 2011

Competing on analytics has been a focus in management for a few years, but the hottest area of the field right now is HR analytics. Organizations don't simply wake up to the notion that they will succeed with analytics; they need leaders to show them why and how to seize this new source of competitive advantage.

Company 12

Company Supply Chain Competitive Advantage Film 12

Harvard Business Review

AUGUST 5, 2014

And that same transparency has radically shortened the shelf life of any new competitive advantage. “We’ll To stitch it all together meaningfully, CMOs are increasingly expected to act as general managers with P&L or shared/shadow P&L responsibility that drive revenue growth.

P&L 10

P&L Banking Marketing Call Center 10

Harvard Business Review

JUNE 26, 2017

Rarely do people point to encouraging employees to disagree with their managers, as Amazon does, or firing top performers, as Jack Welch did at GE. Each of these companies has aligned and integrated its culture and brand to create a powerful engine of competitive advantage and growth.

Brand 8

Brand Company Operations Merchandising 8