Leading Blog

FEBRUARY 26, 2024

Even though Musk’s approach doesn’t necessarily provide a blueprint to be copied any more than Steve Jobs’ approach did (even though both individuals got results), it does offer lessons to be learned and applied in our own leadership. A maniacal sense of urgency is our operating principle,” he repeatedly declared.

CFO 350

CFO Sharpe Engineering Learning-by-Doing 350

Lead Change Blog

JUNE 7, 2017

Whether you’re facing price pressure from domestic competitors, startups, powerful customers, or low-cost overseas providers, you’ve heard the mantra of “productivity” preached again and again. What typically comes to mind when your organization starts talking about increasing productivity? Suggestion boxes.

Productivity 242

Productivity Products Benchmarking Brainstorming 242

Lead from Within

JANUARY 23, 2023

As an executive leadership coach, I have long recognized the importance of understanding how artificial intelligence (AI) is transforming the way we lead and manage organizations. I have been encouraging my clients to embrace AI in their operations to stay competitive and drive growth. Very few understand why or how to prevent it.

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Power Leadership Efficiency Trends 210

Leading Blog

JANUARY 19, 2024

To illustrate the potential impacts, in 2007, Nokia had a little over half the mobile phone market with an operating profit of about $7.8 These transformations typically involve a profound change in how a business operates, encompassing people, process, and technology.

How To 261

How To Agility Diversity Operations 261

Chartered Management Institute

AUGUST 1, 2023

Flexibility and productivity The UK is facing an urgent requirement for rapid upskilling to meet the needs of the economy and address skills mismatches at all levels. The cost per employee is half the EU average, and the number of days spent on training is at its lowest since 2011. Apprenticeship Levy 2.0

Productivity 52

Productivity Products Short-term Proposal 52

Leading Blog

MARCH 12, 2021

With this in mind, they offer a new standard of performance defined by nine key strategies in three areas—growth, operation, and organization. Reimagine core operations to deliver societal impact and hence long-term, sustained total shareholder returns rather than regarding social impact as an activity apart from the core.

Strategy 342

Strategy Supply Chain Globalization Bureaucracy 342

N2Growth Blog

OCTOBER 6, 2016

Each year HR professionals undertake an annual process to determine what benefits will be offered to employees as part of their benefit package – possibly considering what benefit will be taken away or how much premiums will increase to offset growing benefit plan costs. Why should you make the effort to look into and research this option?

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Cost Health Care Company ROI 241

Great Leadership By Dan

AUGUST 25, 2017

The reasons employees may be absent from work are varied and many but the bottom line is, absenteeism has a larger cost associated with it than many people realize. In the United States on a yearly basis, absenteeism costs companies just under $3000 per salaried employee, while the cost is just under $4000 per hourly paid worker.

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Absenteeism Cost Bottom-up Incentives 166

Chartered Management Institute

AUGUST 1, 2023

Flexibility and productivity The UK is facing an urgent requirement for rapid upskilling to meet the needs of the economy and address skills mismatches at all levels. The cost per employee is half the EU average, and the number of days spent on training is at its lowest since 2011. Apprenticeship Levy 2.0

Productivity 52

Productivity Products Short-term Proposal 52

N2Growth Blog

JANUARY 11, 2024

Cost Reduction: Engaging in coopetition allows organizations to share costs, infrastructure, and research and development expenses. Collaboration with competitors encourages the development of new products, services, and solutions, fueling market-disrupting innovations.

Power 251

Power Cooper Learning Curve Objective 251

Rich Gee Group

OCTOBER 8, 2023

"AI doesn't replace leadership; it redefines it. As executives navigate the complex waters of modern-day leadership, understanding AI isn't just beneficial—it's essential. Consider arranging workshops or seminars for top leadership to gain foundational knowledge. Product recommendations? Is it customer service?

Supply Chain 195

Supply Chain Ethics Case Study Handbook 195

N2Growth Blog

MAY 12, 2023

This company is revolutionizing prescription costs and benefits in the US, including expansion into government health insurance such as Medicare and Medicaid. Their unique service includes a SaaS product licensed to other PBMs, health insurance companies, government entities, individuals, and other businesses.

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Case Study Technology Policies Industry 391

Lead Change Blog

JUNE 24, 2019

Trust needs to become baked into the DNA, strategy, and day-to-day operations of all aspects of business because it impacts relationships with all the business stakeholders. Customer satisfaction occurs when a companies products and services live up to brand promise thereby improving reputational value and trust.

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Supply Chain Reputation Leadership Bottom-up 345

Leading Blog

DECEMBER 29, 2014

The 5 Choices is a nuts and bolts solution to greater productivity. The authors, Kory Kogon, Adam Merrill, and Leena Rinne, say that the biggest hidden cost in our organizations is people spending their time, attention, and energy on things that don’t drive your most important results. Q2: The Quadrant of Extraordinary Productivity.

Productivity 285

Productivity Products Energy Insurance 285

HR Digest

MARCH 6, 2020

Cutting costs is the oft-repeated phrase that companies are using to meet the downturn in the economy and the declining revenues and sales. For most, cost-cutting translates to job cuts in the organization. But there are other ways to tighten the belt and do operational budgeting. Do away with unnecessary costs.

Cost 96

Cost Outsourcing Cost-Benefit Analysis Efficiency 96

Eric Jacobson

OCTOBER 25, 2023

Growth is a leadership issue, not a sales issue,” he adds. And why the relationship that executives and leaders have with the sales organization is among the most important elements of growth leadership. The Growth Leader reveals how top executives create profitable growth through the intersection of strategy, leadership, and sales.

Competitive Advantage 111

Competitive Advantage Leadership Energy Micromanagement 111

QAspire

SEPTEMBER 8, 2023

The total cost of India’s successful Moon mission was $75M whereas cost of making movies like Interstellar is reported to be $165M. Intelligent failures happen in uncharted territories – areas like space explorations, new drug discoveries, building a disruptive new product etc. Read my 2015 post on this here.

Edmondson 244

Edmondson Learning-by-Doing Books Review 244

N2Growth Blog

FEBRUARY 29, 2024

These include maintaining productivity and efficiency, fostering teamwork, enabling a positive workplace culture, and establishing effective communication channels. Nevertheless, businesses that solve these challenges can benefit from increased flexibility, reduced operational costs, greater productivity, and an improved ability to scale.

Competitive Advantage 235

Competitive Advantage Efficiency Technology Tools 235

N2Growth Blog

DECEMBER 16, 2023

Understanding the Concept of Governance Excellence Governance excellence refers to the strategic oversight conducted by a company’s board of directors that ensures ethical, sustainable, and profitable organizational operations. The strength of governance can be significantly amplified with the employment of a dedicated leadership team.

Compliance 235

Compliance Efficiency Ethics Metrics 235

CO2

FEBRUARY 4, 2024

This is where business coaching and leadership development emerges as not just a support system, but a critical investment in the future of your company. It’s a journey where coaches, with their expertise and experience, help you navigate the complexities of business decisions, strategy formulation, and personal leadership development.

Leadership Development 78

Leadership Development Development Succession Execution 78

Leading Blog

DECEMBER 12, 2022

The four elements in the diamond collectively specify the opportunity : what the venture will offer and to whom; its plan for technology and operations; its marketing approach; and how the venture will make money. Premature scaling of marketing and product development efforts is a widespread cause of startup failure. False Starts.

Early Adopters 204

Early Adopters Entrepreneur Mass Marketing Marketing 204

thoughtLEADERS, LLC

MARCH 3, 2021

Analyzing your business model, revenue, and costs can lead you to innovative solutions. I like to look at three things: a business model blowup, a revenue blowup, and a cost blowup. You’re going to challenge the entire business model for the way you deliver products and services. And rethink what your market actually is.

Operations 59

Operations Business Model Price Cost 59

Strategy Driven

NOVEMBER 22, 2019

According to experts, inefficiency can cost you between 20% to 30% of your business profits. Have you taken a hard look at your current operations? You may think it’s difficult to improve productivity in the workplace, but that’s far from the truth. Can You Improve Productivity in the Workplace?

Productivity 76

Productivity Products Tips Seminar 76

Strategy Driven

FEBRUARY 26, 2024

As we navigate through the challenges of the 21st century, it’s clear that managing a facility with an eye towards both operational efficiency and environmental stewardship isn’t just wise; it’s imperative. Sustainable Procurement: Choose products made from recycled materials and those that are recyclable or biodegradable.

Efficiency 113

Efficiency Management FAQ Energy 113

Nathan Magnuson

MARCH 16, 2015

How much is waste costing your organization? ” But consider the following business scenario: if your operating profit is 10% and you are able to eliminate enough waste to lower your costs by 10%, your profits will nearly double without earning any addition revenue. Over-production. Transportation.

Productivity 120

Productivity Products Six Sigma Transportation 120

Terry Starbucker

APRIL 13, 2014

It MUST be kept, at all costs, and with all the effort you can muster. “We’ll spend the money needed to offer a competitive product, so you’re not operating with one hand tied behind your back” The back-breaker. Save that precious resource, and your leadership will thrive. Leadership'

Resources 381

Resources Leadership Budgeting Resistance 381

Lead Change Blog

NOVEMBER 6, 2018

Welcome to the November Leadership Development Carnival. We’re excited to share posts from leadership experts from around the globe on the topics of communication, customer service, development, engagement, and more. Steve Digioia of Steve Digioia provided Leadership Series: Ron Kaufman. Communication. shared Work is Broken.

Leadership Development 269

Leadership Development Development Leadership IAS 269

Lead Change Blog

APRIL 24, 2019

The cost is staggering. Drama costs the US workforce over $350 billion per year in lost productivity, absenteeism, passive-aggressive behavior, and wasted energy. Drama-based organizations and relationships operate at a fraction of their capacity.

Absenteeism 265

Absenteeism Core Competence Webinar Blanchard 265

Leading Blog

JANUARY 27, 2020

T HE BIGGEST CHANGE being brought about by AI is not human replicas, but the emergence of digital operating models. The operating model is how that is accomplished. The goal of the operating model is to deliver value at scale, to achieve sufficient scope, and to respond to changes by engaging in sufficient learning.

Operations 288

Operations Industry Learning-by-Doing Automotive 288

Leading Blog

MAY 21, 2021

B USINESS is not a discipline, but an endeavor made up of disciplines such as accounting, communications, economics, finance, leadership, management, marketing, operations, psychology, sociology, and strategy. Consequently, a business may be short of cash until payment is received.

Short-term 347

Short-term Morale Rate of Return Finance 347

N2Growth Blog

AUGUST 1, 2016

The company has grown through a long series of mergers and acquisitions to place itself among the world leaders in the production of many commodities, including aluminium, iron ore, copper, uranium, coal, and diamonds. I had joined the Rio Board in 2009, so I already had broad oversight of the company’s diverse operations.

Gordon 150

Gordon Restructuring Leadership CEO 150

Skip Prichard

APRIL 7, 2024

. “Companies that dive into the Metaverse are going to find themselves with a serious edge—they’ll be more innovative, able to operate more efficiently, and attract the best talent from all over the globe.” ” — Jason Gesing In what ways does the Metaverse enhance or challenge traditional notions of productivity?

Bond 86

Bond Innovation Diversity Operations 86

Great Leadership By Dan

APRIL 2, 2020

I described an experience early in my career while serving as national sales manager for one of my company’s operating divisions. I was informed that production of a batch of product was found to have trace contaminants and needed to be recalled. Their decisions will help protect your reputation.

Silverman 251

Silverman Banking Reputation Open-book 251

N2Growth Blog

SEPTEMBER 28, 2020

Find HR’s hand (in a good way) in everything as an enabler and contributor to operations flowing all the way through to customer/client satisfaction. With a diverse background in human resources, information technology, and operations, his business and leadership acumen is only exceeded by his commitment to making others better.

Human Resources 469

Human Resources Globalization Resources Diversity 469

Lead Change Blog

JUNE 25, 2020

He opened the dialogue, saying he and his leadership team had put a lot of thought into where they want to take their bank, and the vision they committed to was to deliver top decile ROE, ROA and topline revenue growth: a quintessential example of focusing on effect, not cause.

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P&L ROE Metrics CFO 220

Lead Change Blog

JUNE 15, 2021

In fact, according to recent Gartner research , fewer than half (43%) of leaders achieve the level of savings they set out to attain in the first year of cost reduction. This is due in part to setting unrealistic cost reduction targets. On its own, profit margin tells only the cost of generating revenue. Leading Indicators.

Metrics 241

Metrics Attrition Price Cost 241

Modern Servant Leader

MAY 8, 2020

The servant-leadership community lost another great example and shepherd this week. Ken was a passionate advocate for servant-leadership at Toro and beyond. In particular, when teaching the Acronym Model of SERVANT-Leadership I always use one of his stories to represent Empathy in practice. That is servant-leadership.

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Chief Executive Officer Objective Video Operations 143