article thumbnail

EBM: Constraints

LDRLB

Theory of Constraints (TOC) is an overall management philosophy introduced by Dr. Eliyahu M. The theory contends that any manageable system is limited in achieving more of its goal by a very small number of constraints and that there is always at least one constraint. Identify the constraint. Elevate the constraint.

article thumbnail

Smart Cities Start with Smart Buildings - SPONSOR CONTENT FROM DELL AND INTELĀ®

Harvard Business Review

As more people move to urban areas, cities face ever more economic and environmental challenges, including resource constraints, economic restructuring, aging populations, and pressures on public finances. According to Lucid, building managers can realize significant energy savings purely from operational measures.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Have a Real Impact; Keep Your Day Job

Harvard Business Review

The men and women who choose this path have diverse expertise and job responsibilities: marketing, leadership development, communications, operations, new business development, purchasing. We watch as they work around institutional constraints and build a network of colleagues who are eager to help. Some are recent graduates.

article thumbnail

Thriving in the Reimagined Workplace

Harvard Business Review

This shift demands that businesses manage and operate so that they can attract the right people, retain them, and ensure they can do their best work. Companies that leverage these technologies to enhance their talent strategies are tapping into a whole new way of thinking about work and restructuring the way work is done.

article thumbnail

Stop Focusing on Profitability and Go for Growth

Harvard Business Review

Finally, in earnings call after earnings call, we hear CEOs describing one or two bets — at most — on growth, and devoting most of the time to showcasing the results of restructuring, offshoring and other cost-focused initiatives. Why is growth shortchanged at so many companies?

ROE 10
article thumbnail

A New Model for Innovation in Big Companies

Harvard Business Review

So nobody was shocked when, for a recent strategy project, Masala passed over many well-known consultancies that he viewed as having already ā€œmade a science out of their way of thinking of restructuring.ā€ Constraints encourage them to focus on their existing advantages and remain experimental.