Strategy Driven

JUNE 22, 2017

Keeping your business operational online isn’t as easy as it first sounds. Thinking that way is simply an insult to them because a site that functions correctly, especially one that operates properly under demand is one that is multi-faceted and requires a diligent eye to keep operational. Photo courtesy of medithIT via flickr.

Software 63

Software Sharpe Outsourcing Operations 63

Strategy Driven

MAY 12, 2021

The higher cost of 3D display technology and the availability of content continue to bottleneck the growth in this industry but it’s changing and changing fast. Unlike 3D films made for the cinema or stereoscopic televisions operating with glasses, such 3D displays require proprietary content combining as many as eight discrete images.

Technology 103

Technology Content Video Globalization 103

N2Growth Blog

MAY 16, 2010

Posted on October 13th, 2010 by admin in Operations & Strategy By Mike Myatt , Chief Strategy Officer, N2growth How dumb is your business? If your company can’t be operated by mere mortals, you need to reexamine your business logic. mikemyatt: RT @thinkBIG_blog: Cheap always costs you mo. Our Freedom.

Business Model 298

Business Model Brand Blog Supply Chain 298

Strategy Driven

NOVEMBER 6, 2015

When you own and operate a business you need to have certain procedures for an efficient and seamless function. Sometimes the difficulty of managing your time makes for a haphazard operation. An inefficient operation results in unproductive activities which often miss the point and worse yet, result in wasted time and wasted resources.

Succession 50

Succession Strategic Planning Budgeting Goal 50

Mills Scofield

JANUARY 14, 2014

” The morning prayers of the local population could be heard echoing through the loudspeakers outside the large 25-foot concrete T-walls topped with barbed wire that surround our compound, a Forward Operating Base within an Afghan Air Force base. I drew my standard-issue Gerber?tool Then the decisive moment: the unveiling!

Emotional Intelligence 150

Emotional Intelligence Participative Short-term Letter 150

Strategy Driven

MARCH 18, 2011

Achieving coherence requires a sharpness of focus that few companies have mastered. This perspective is a shift from existing strategy perspectives as it affects nearly every major decision a company makes, from growth initiatives, portfolio strategy, and M&A opportunities to its approach to budgeting and cost cutting.

Resources 52

Resources Industry System Strategy 52

Harvard Business Review

MAY 23, 2017

Nearly everyone in health care wants to cut waste and reduce unnecessary costs — until the conversation turns to advanced chronic illness and end-of-life care. This model doesn’t leave patient choice to chance; it’s hardwired into clinical operations. The Status Quo.

Health Care 9

Health Care Sharpe Document Cost 9

Harvard Business Review

OCTOBER 19, 2017

Airlines are arguably more operationally complex, asset-intensive, and regulated than hospitals, yet the best performers are doing a better job by far than most hospitals at keeping costs low and make a decent profit while delivering what their customers expect. These examples are relevant to health care for two reasons.

Airlines 8

Airlines Health Care Transportation Operations 8

Women on Business

JANUARY 24, 2011

But many businesswomen are so overwhelmed with running day-to-day operations, there is little or no time to do a good job at casting the net of promotional effort out—whether through community activities, donations, networking events, promotional campaigns, public relations initiatives, or advertising—it is NEVER enough!

Press Release 100

Press Release Discount Sharpe Advertising 100

Harvard Business Review

SEPTEMBER 25, 2018

There were misunderstandings across the group about what one another did and sharp differences in how each subgroup defined a successfully commercialized product. R&D viewed operations as “the people who only know how to say no to opportunities,” while operations viewed R&D as “the time- and money-wasters.”

How To 8

How To Sharpe Operations Marketing 8

Harvard Business Review

MAY 29, 2017

For example, in 2014, at the onset of the sharp deterioration in U.S.-Russian Interestingly, all these intrusions into business operations typically do not come from the Kremlin but from local officials who seem eager to gain the Kremlin’s favor amid instances of elevated international tensions.

Policies 9

Policies Supply Chain Politics Operations 9

Harvard Business Review

MAY 9, 2012

Through the first half of the last decade, a foundation of Nokia's competitive advantage was its unmatched ability to customize a wide variety of phones for operators. It helped to establish the Symbian operating system in 1998 and spent a fortune trying to attract developers to the platform. Apple learned from Nokia's mistake.

Innovation 13

Innovation Supply Chain Telecommunications Core Competence 13

Harvard Business Review

SEPTEMBER 11, 2017

Your business model is still in flux, and flexibility is more valuable than efficiency and cost savings. Don’t get distracted by cost reduction. Strategies like outsourcing, hiring lower-cost people, or exotic employment offer tempting cost savings to the finance-minded folks. Don’t do it. What not to do.

Metrics 13

Metrics Engineering Efficiency Learning-by-Doing 13

Strategy Driven

OCTOBER 21, 2011

And the best thing about great customer service is that providing it doesn’t cost you an extra penny. Today’s small business owners need to understand that cutting costs will not save their business. After all, studies have shown that it costs much more to attract a new customer than it does to keep an existing one.

Learning-by-Doing 62

Learning-by-Doing Price Bottom-up Finance 62

Harvard Business Review

JANUARY 18, 2018

Many executives may think themselves the wizard; enthralled by the idea that AI technology will allow them to shed millions of dollars in labor costs, they could come to believe that the best company is the one with the fewest people aside from the CEO. Not every revolution is a good revolution, as Europe has discovered several times.

Creativity 15

Creativity Strategy Venture Capitalist McKinsey 15

Harvard Business Review

DECEMBER 18, 2013

In many companies, teams seem to come together out of nowhere, grabbing any available resource, operating without adequate planning, and then fail to gel. There is no Plan B,” says Micah Sharp, GM of Red Giant, “It’s us.”. We like to date a lot first,” says Sharp, of the 50-person company, 36 of whom work virtually.

Team 8

Team Sharpe Disruptive Innovation Bottom-up 8

Harvard Business Review

AUGUST 5, 2011

But there wasn't much activity until six months later when Mike Karol, vice president of operations, told his managers to make it their responsibility. Some departments started trying it and some developed a few sharp ideas, which generated excitement. It made their jobs better, reduced costs, and improved customer satisfaction.

Process 13

Process How To Attrition Operations 13

Harvard Business Review

MAY 16, 2012

But they often see only the benefits of the structure that they are not operating in. These swords are reasonable choices that sales leaders make that have a sharp beneficial edge, but the very nature of the benefit is tied to another sharp edge that has drawbacks. The alternative looks enticing. Unreasonably so.

Productivity 8

Productivity Products Organization Sharpe 8

Harvard Business Review

OCTOBER 17, 2011

Take a cost reduction program at a mortgage company, for example. Together, the answers help employees discover how their role links to the overall company direction, puts a sharp focus on continuous improvement, and highlights how much coaching and development is valued by the organization — all crucial in times of change.

Motivation 15

Motivation Gordon Sharpe Airlines 15

Harvard Business Review

MAY 11, 2017

Moreover, China itself is experiencing a sharp decline in labor’s share. Firms with a cost or quality advantage have always enjoyed higher market shares. Microsoft became a near-monopolist in operating systems through innovation and good decisions, but then strove to keep entrants like Netscape out of the market.

GDP 8

GDP Video Sharpe Consensus 8

Harvard Business Review

OCTOBER 4, 2017

In boom times, companies may face adjustment costs that deter them from adapting to technological change. production and operatives). However, studies dating back to Joseph Schumpeter’s coinage of the term “ creative destruction ” suggest that adjustments to technological change may be more episodic.

Skills 8

Skills Sample Technology Depreciation 8

Harvard Business Review

AUGUST 15, 2011

Even in quiet times, there's a chance for mischief or missteps if leaders leave a vacuum, with no one clearly in charge and lack of clarity about how to operate. Leaders don't have the luxury of a sharp boundary between their public actions and their private lives. And as the old saying goes, when the cat is away, the mice will play.

Contingency Plans 16

Contingency Plans Sharpe Bond Planning 16

Harvard Business Review

NOVEMBER 6, 2017

In one case, an emergency room doctor failed to recognize a patient was having an acute heart attack because he appeared fit and healthy and did not have any typical risk factors — even though the patient told the doctors he was having sharp chest pains. Listen to colleagues.

Health Care 8

Health Care How To System Bottom-up 8

Harvard Business Review

DECEMBER 27, 2017

Even if business leaders want to abandon the practice, it’s so firmly embedded in their operations that many think it can’t be done. Zeynep Ton of MIT has identified a “Good Jobs Strategy” that allows companies to improve frontline jobs and still keep costs down so they can compete on price.

Retail 8

Retail Survey Operations Sharpe 8

Harvard Business Review

JUNE 18, 2014

Manager, Operations. Manager, Operations. To: Ioana Romana, VP Operations. He’s part of my operations team now, and he hopes to transition to a management position. There is no cost to you. I can try to arrange for WeDiggIt to cover those costs. To: Patrick Fishburn, Asst. From: Sameer Hopskin, Asst.

Case Study 12

Case Study Engineering Commitment Operations 12

Harvard Business Review

MARCH 24, 2016

Many businesses lose this sharp sense of purpose as they grow. The third element is an owner’s mindset , the fuel that propelled the rise of private equity, whose essence is dialing up speed to act and taking personal responsibility for risk and for cost. Insight Center. Entrepreneurship for the Long Term. And engagement matters.

Company 8

Company Venture Capitalist Long-term Hotels 8

Harvard Business Review

OCTOBER 11, 2011

For more tightly focused not-for-profits , such as the Cleveland Clinic and the network of Food Banks around the country, the decline is not nearly as sharp. Another factor leading to incoherence, especially in times of tight money, is the immense pressure placed upon overhead costs. Why the disparity?

Crisis 12

Crisis Mayo Strategy Short-term 12

Harvard Business Review

AUGUST 12, 2013

I recently set up a Genius Bar appointment at my local Apple Store, for 9am sharp (when the store opens). Coincidentally, a recent article in the Wall Street Journal reports, among other things, that the last head of Apple Stores (post Ron Johnson ) had changed the emphasis from customer service to sales and cost cutting.

Retail 8

Retail Video Audience Social Capital 8

Harvard Business Review

JULY 11, 2013

A cascading series of deadlines, operating systems, and reporting rules have to be arranged, tested, and communicated. These logistics took a sharp new turn last week when the Obama administration decided to delay enforcing mandatory employer and insurer employment requirements until 2015.

Health Care 8

Health Care Parcell Politics Policies 8

N2Growth Blog

OCTOBER 21, 2010

Do you tuck tail and run desiring to avoid conflict at all costs? Therefore the art you speak of sculpts with a very sharp blade – the tongue. I've been ranting a bit lately about the lost art of passionate discourse (and the cost of that to the health and success of our organizations). Here's the post.[link]

Blog 419

Blog Gordon Learning-by-Doing Open-book 419

Harvard Business Review

AUGUST 3, 2012

Both teams should include operational business leaders as well as risk-focused technology, policy and legal experts. In particular, the necessity of the sharp focus provided by the Red Team/Blue Team structure is vividly illustrated by the recent official report of "The Fukishima Nuclear Accident Independent Investigation Commission."

Risk Management 10

Risk Management Supply Chain Crisis Report 10

Harvard Business Review

NOVEMBER 15, 2013

They pointed to a very sharp decline in the used-car price of models that had been discontinued as evidence of that. Fairly constantly in actual decision-making, it’s not so much choosing alternative A or choosing alternative B, but how you operate within the alternative you have chosen.

Process 9

Process Uncertainty Analysis Industry 9

Strategy Driven

APRIL 30, 2019

In reality, building and maintaining your market presence is the most critical operation. Indeed, as escape rooms are designed to keep the mind sharp, they can be an ideal activity for retirement homes. #6. Unsurprisingly, it’s a different set of skills than what’s involved in setting a room.

Audience 58

Audience Open-book Entrepreneur Proposal 58

N2Growth Blog

DECEMBER 30, 2010

Now both my sons are doing the tough balancing act, but their priorities are keeping their leadership skills sharp – leading family and companies. mikemyatt: RT @thinkBIG_blog: Cheap always costs you mo. I had to learn that lesson, and almost blew it many years ago. link] mikemyatt Thanks for stopping by Bert. Our Freedom.

Blog 387

Blog Career Learning-by-Doing Advice 387

Harvard Business Review

OCTOBER 31, 2012

There were laws against such things, but going through the Chinese court system rarely resulted in recovery of sufficient damages to cover the high cost of a lawsuit. Third, to be blunt, Blue Sky's engineers didn't seem all that sharp when it came to systems engineering. Lin could see that he was awed by the scale of the operation.

Case Study 8

Case Study Technology Tacit Knowledge Engineering 8

Harvard Business Review

OCTOBER 20, 2014

Here, for example, are the company’s net income and cash flow over the past decade: The difference between the top and bottom lines here is mostly about investments in buildings, machines, and other things, which are written down over time in the income statement but ignored in calculating operating cash flow.

Retail 21

Retail Finance Parcell Depreciation 21

Harvard Business Review

SEPTEMBER 25, 2017

Since 2007, gross cross-border capital flows have fallen by 65%, and half of that is due to a sharp reduction in cross-border lending and other banking activities, a new McKinsey Global Institute report finds.

Banking 8

Banking McKinsey Finance Globalization 8