HR Digest

NOVEMBER 4, 2020

As we continue to bring our culture to life in our operating model and our HR practices, we continue to use surveys, crowdsourcing, focus groups and other tools to ensure our people are heard. From there, we used a grassroots cascade to bring the elements into our teams, empowering all 3Mers to define how they would bring the culture to life.

Human Resources 132

Human Resources Focus Group Crisis Definition 132

Harvard Business Review

MAY 25, 2017

Other firms have ventured down this path, including the conglomerate Wesfarmers , with its 200,000-plus staff, and the global hospital operator Ramsay Health Care. The latter was concerned with “measuring long-term progress in the areas of diversity and inclusion, sustainability, and culture.”

TSR 9

TSR Banking Committee Incentives 9

Harvard Business Review

JUNE 8, 2015

With its Emerging Businesses (EB) group (where one of us serves as President), Merck started a journey about three years ago with a core investment thesis: there are areas of growing unmet need in health care that intersect with its established competencies. Experimentation is vital.

Health Care 8

Health Care Venture Capitalist Strategic Fit Pharmaceuticals 8

Harvard Business Review

APRIL 1, 2016

All companies that operate internationally face a striking dual challenge in dealing with public policy: Nations across the globe enact an ever-changing, ever-expanding array of detailed legislation and regulation to protect workers, consumers, investors, and the public welfare, and these diverse rules shape what companies can and cannot do.

Policies 8

Policies Politics Short-term Globalization 8

Harvard Business Review

OCTOBER 6, 2011

Our stakeholder-based strategy rests on the following key pillars: People: The human factor plays a central role in our operations, and thus our business growth must be tied to the growth of our people. Increasing income by giving handouts can only be counted as transfers and is unsustainable.

Industry 10

Industry Strategy Supply Chain Long-term 10

Harvard Business Review

OCTOBER 16, 2017

For example, Starbucks sources all its European espresso beans from fair trade certified producers, and Dutch company Fairphone sells the world’s first entirely fair trade Android phone, with batteries made from ethically mined minerals. to more than $8.50

Power 8

Power Health Care Comparison Brand 8