Strategy Driven

NOVEMBER 20, 2015

Booth exhibitions at trade shows are viable and cost-effective sales tools to: Achieve new customers, in order to grow and increase profits. Trade shows generate sales leads at a lower cost per contact than a typical sales call. Research shows that industrial sales calls costing $252 to reach a prospect, with 4.6

How To 50

How To Follow-up Participative Objective 50

Harvard Business Review

SEPTEMBER 19, 2017

” Many managers can easily recite the business case for ethics: Who doesn’t want better risk management, deeper employee engagement, reduced regulatory costs, public trust, and a lure to purpose-driven Millennials? They are less subject to short-term operational pressures, and accordingly less risk-averse.

Ethics 14

Ethics Short-term Long-term Supply Chain 14

Harvard Business Review

SEPTEMBER 14, 2017

Research shows that abnormal weather disrupts the operating and financial performance of 70% of businesses worldwide. Every year, weather variability is estimated to cost $630 billion for the U.S. Every year, weather variability is estimated to cost $630 billion for the U.S. These disruptions add up. alone, or 3.5%

Hedge 8

Hedge Apparel Risk Management Retail 8

Harvard Business Review

JUNE 5, 2014

Americans — and American companies — have also connected the dots between clean energy and economic growth, with 87% last year saying that developing clean energy should be a priority for the President and Congress. In Colorado, the state renewable energy mandate was bumped up from 20% to 30% in 2010. The program delivered $1.6

Power 9

Power Planning Proposal Energy 9

Harvard Business Review

APRIL 6, 2016

For instance, the cost of building and equipping a leading-edge semiconductor fab has climbed to $7 billion, as the technology required to make more advanced chips is getting more complex. Driven by economies of scale, container ship size has been increasing for decades, with the largest ships now costing roughly $200 million.

Co-Opetition 8

Co-Opetition Operations Cost Technology 8

Harvard Business Review

MAY 9, 2014

General Mills’ CEO recently blamed the winter for less-than-expected earnings , saying that “severe winter weather…disrupted plant operations and logistics…We lost 62 days of production…which hasn’t happened in decades. It might have actually generated increased revenue as well, if it meant operating while competitors couldn’t.

Supply Chain 8

Supply Chain Strategy Risk Management Christensen 8

Harvard Business Review

NOVEMBER 12, 2018

The goals include eliminating poverty, offering affordable and clean energy, achieving gender equality, protecting ecosystems, increasing responsible consumption and production, and much more. Compensation committees often start by tying bonuses and long-term incentives to goals related to compliance and risk management.

Execution 11

Execution Incentives How To Committee 11

Harvard Business Review

NOVEMBER 5, 2018

What are the costs and benefits of self-disruption at that uncertain stage? electric utility sector, in which the existing model for energy generation, which has prevailed for a century, may now be giving way to a new one. These are rarely studied questions. A rare natural experiment. and international electric utilities.

Company 8

Company Disruptive Innovation Decentralization Software 8

Harvard Business Review

MAY 15, 2013

The next time we hear about a bank or insurance company''s "green program" — like using energy efficient light bulbs or operating out of a LEED Platinum building — we''ll either scream or throw up. Yes, financial institutions should be environmentally responsible in their own operations. Don''t get us wrong.

Banking 8

Banking Licensing Finance Insurance 8

Harvard Business Review

OCTOBER 21, 2016

These require sophisticated, sustainability-based management. Yet executives are often reluctant to place sustainability core to their company’s business strategy in the mistaken belief that the costs outweigh the benefits. This can disrupt a firm’s ability to operate on schedule and budget.

Supply Chain 8

Supply Chain Price Loyalty Efficiency 8

Strategy Driven

AUGUST 1, 2014

Have to make cuts everywhere else to pay for rising production costs. Not engaging in planning for future operations: So what are you gonna do about it? Some companies succeed in their early stages because of raw energy. Just took a vacation. Got to send the kid to college (or some other personal reason). That’s life.

Budgeting 78

Budgeting Risk Management Quality Strategic Planning 78

Harvard Business Review

JUNE 20, 2012

Bees are masters at risk management. Take, for example, their approach toward the "too-big-to-fail" risk our financial sector famously took on. For example, it is energy- and resource-costly for bees to build comb, and they don't want to manufacture it if they aren't going to use it. It's: "Don't get too big."

Diversity 14

Diversity Long-term Human Capital Risk Management 14

Harvard Business Review

SEPTEMBER 22, 2011

Because better risk management in the future turns on corporate behavior, not just more regulation, and because that risk management is going to be driven from the top of corporations, the answers to these questions of leadership responsibility and accountability for organizational action and culture are of critical importance.

Report 12

Report Policies Risk Management Analysis 12

Harvard Business Review

OCTOBER 3, 2013

Poor controls over risk and valuations. Manipulation of energy markets. Moreover, JP Morgan’s legal expenses since 2008 have totaled more than $18 billion dollars (which does not include the enormous internal resources expended on these matters or the cost of settlements). Boards Ethics Risk management'

Banking 8

Banking Management Ethics Letter 8

Harvard Business Review

MAY 8, 2013

Henry was the senior vice president of operations. BusinessWeek had featured the firm in an article about companies that take speedy approaches to M&A while remaining sensitive to the human costs. Come on; we both know the costs of that," Henry said. Clearly a full integration is the most cost-effective approach.

Case Study 8

Case Study Brand How To Beyer 8

Harvard Business Review

NOVEMBER 10, 2017

This is a familiar scene for companies building mines, pipelines, oil fields, and, more recently, even renewable energy and large real estate projects. For example, the delays associated with social conflict at large mining operations can run in the vicinity of $20 million per week.

Company 9

Company Supply Chain Real Estate Stakeholder Analysis 9

Harvard Business Review

JANUARY 26, 2012

When we talk about natural resource constraints on business — such as shortages in water or increases in the cost of energy or agricultural products — we tend to forget how deeply intertwined these commodities are. These issues create collective risks that cannot be managed in silos.

Energy 12

Energy Supply Chain Constraint Long-term 12

Harvard Business Review

JUNE 20, 2016

First, directors face a real challenge in making sure that protection and alignment of key governance and risk management issues doesn’t crowd out equally important dialogue around strategy and operations. Obviously, no one wants to miss a short-term forecast or sales goal.

Benchmarking 11

Benchmarking Company Short-term Long-term 11

Harvard Business Review

NOVEMBER 1, 2012

Regardless of the cause, the cost to society of extreme weather has been rising for decades. The problems and costs of extreme weather are the same either way. As the VP of global risk management told me, the most expensive events in company history in every weather category (flood, earthquake, hail, wind, etc.)

Supply Chain 8

Supply Chain Company Insurance Automotive 8

Harvard Business Review

OCTOBER 29, 2014

More mainstream politicians and business people are making the connection, with former New York mayor Mike Bloomberg and treasury secretary Hank Paulson sounding loud alarms about the very real current and future costs of inaction. Risk management Sustainability' More of us are connecting the dots. per year indefinitely).

Supply Chain 8

Supply Chain Risk Management Energy Learning-by-Doing 8

Harvard Business Review

DECEMBER 7, 2012

Nuclear reactors melted down, disrupting the national grid, reversing energy policies as far away as Germany, and contaminating a part of Japan for generations to come. In combat, the fact that someone is actively trying to disrupt your operation changes the calculation. This was not a new lesson, at least to the armed forces.

Efficiency 9

Efficiency Supply Chain Christensen Crisis 9

Harvard Business Review

SEPTEMBER 26, 2012

During that period, fines and admonitions from governments came to be seen by BP's executive management as the cost of growth in the high-stakes world of energy extraction — and this acceptance sent a powerful signal through the rank-and-file. One of the pioneers in this effort is, counterintuitively, the U.S.

Banking 8

Banking Crisis Hedge System 8

Harvard Business Review

JUNE 21, 2013

In particular, expect it to challenge your conception of cybersecurity and your ability to deliver it in IoT-enabled digital networks, your commercial operations, and your partner ecosystems. The IoT will demand another round of risk management strategy review, new network security evaluation tools, and business model revisions.

White Paper 8

White Paper Policies Risk Management Competitive Intelligence 8

Harvard Business Review

JUNE 20, 2017

Multinational companies operating in Mexico are facing a great deal of uncertainty. Companies would like to see process improvements and better infrastructure at the border to reduce costs to import. Most Mexico country managers believe one of the following scenarios is likely: A long period of populist-driven uncertainty.

Supply Chain 9

Supply Chain Depreciation Uncertainty Marketing 9

Harvard Business Review

JANUARY 23, 2018

As its victims know all too well, “death by PowerPoint,” the poor use of the presentation software, sucks the life and energy out of far too many meetings. For too many managers, the technology’s costs often rival its benefits. Smarter algorithms require smarter risk management.

Software 8

Software Learning-by-Doing Technology Compliance 8

Harvard Business Review

FEBRUARY 8, 2018

They did not spend as much time thinking about local events that have implications for their emerging market operations. We identified three emerging market risks that are top multinational leaders should be paying more attention to this year: the election of populists in Brazil and Mexico increasing the cost of doing business.

Market Risk 9

Market Risk Marketing Supply Chain Company 9

Harvard Business Review

AUGUST 23, 2016

Boards of companies operating in the consumer discretionary industry have a disproportionately high representation of Democrats, while boards operating in the industrials and energy and utilities industries skew more Republican. Meanwhile, Democrats place greater importance on technology expertise and risk management.

Politics 8

Politics Committee Telecommunications Diversity 8