The Horizons Tracker

FEBRUARY 22, 2022

billion and is estimated to be worth $48 billion by 2026, with the Covid pandemic driving growth, especially in the healthcare and pharmaceutical industries, but also in sectors such as automotive and defense. It’s a market that is already worth $3.1 “With 5G, you get fast upload speeds, up to 100Gbsp on many public networks.

Stephenson 88

Stephenson Wireless Christensen Automotive 88

Marshall Goldsmith

NOVEMBER 4, 2013

While these advantages are easy to see from the vantage point of the CEO, they can be difficult to execute. The changing role of leadership will mean that the relationship between managers and direct reports will have to change in both directions. Many leaders will be operating more like the managing director of a consulting firm.

Short-term 107

Short-term Long-term Trends Telecommunications 107

Harvard Business Review

JULY 6, 2017

Eric, 33, a high-potential vice president at a financial services firm, was elated to be selected by his supervisors to receive executive coaching. Frances, an executive in her forties, entered coaching after being passed over for a promotion that went to her more vocal, visible male colleague.

Execution 14

Execution 360-Degree Feedback Executive Coaching Sample 14

Harvard Business Review

APRIL 7, 2015

Having managed or worked with clinical leaders in care-delivery organizations, the pharmaceutical industry, and government, I have observed three skills that are critical to the success of doctors and nurses as they make the transition to management: Operations management and execution. People leadership.

Execution 8

Execution Skills Health Care Porter 8

Strategy Driven

JULY 13, 2011

Since the unit’s reported financial results were so good, the executives at the corporate headquarters didn’t ask many questions about the drivers of the unit’s profits – until it was too late. Pharmaceutical companies have long needed deep scientific-innovation leadership capabilities but relatively few general managers.

ROIC 62

ROIC Balanced Scorecard Metrics McKinsey 62

Harvard Business Review

OCTOBER 6, 2016

Investments in traditional leadership development are often misguided and a waste of money. In a Deloitte study of 7,000 organizations this year, 89% of executives rated “ strengthening the leadership pipeline ” an urgent issue. The culture at GE, for example, centers on execution, simplicity, and innovation.

Leadership Pipeline 12

Leadership Pipeline Leadership After Action Review Pharmaceuticals 12

Harvard Business Review

NOVEMBER 29, 2018

In this article, I’d like to share the insights we’ve gleaned from the model’s first full year of operation, which hopefully organizations in health care and many other industries will find useful. The reporting lets executive leadership know precisely what is happening and unlocks frontline wisdom.

Health Care 11

Health Care System Metrics Report 11

Harvard Business Review

JULY 23, 2015

For years, there has been a push within the pharmaceutical industry to move “beyond the pill” — in other words, to build and deploy complementary services and solutions to diversify revenue sources. However, many beyond-the-pill efforts have sputtered or died. In addition, many top pharma customers (payers, etc.)

Pharmaceuticals 8

Pharmaceuticals Health Care Industry Committee 8

The Horizons Tracker

NOVEMBER 29, 2023

According to a study conducted by the Indiana University Kelley School of Business, diversity in terms of gender, race, and ethnicity has proven to be beneficial for companies operating in the United States. “We looked at their experiences and not just their demographic background—the more functional aspect of diversity. ”

Diversity 98

Diversity Innovation Biotechnology Short-term 98

Harvard Business Review

NOVEMBER 15, 2018

hospitals and health systems experienced an average 39% reduction in their operating margins from 2015 to 2017. As I speak with industry executives, a common refrain is “I’ve done all the easy stuff.” Here are some examples of what will be required to change the operating culture: Contract rationalization.

Cost 10

Cost System Management Franchising 10

Harvard Business Review

JUNE 23, 2016

A global pharmaceutical company was about to lose the strategic advantage of several blockbuster drugs coming off patent. That, in brief, is the concept of a leadership circle. While a natural inclination, this group is (by design) representative of current operating units and functions, which often have a status quo to defend.

Leadership 10

Leadership Diversity Committee Long-term 10

Harvard Business Review

MAY 1, 2014

I learned this while leading a turnaround of NPS Pharmaceuticals , a biotechnology company that now specializes in creating treatments for rare diseases. To save the 20-year-old company, I had to get it operating like a start-up. My senior executives and I made our values the language of leadership.

Company 9

Company Pharmaceuticals Biotechnology Short-term 9

Harvard Business Review

AUGUST 8, 2018

But how well schools meet this goal, and to what extent their teaching influences their students’ leadership, is an open question. As chief executive, Dolan followed the agency-theoretic prescription that was taught in business schools in the late 1970s, refocusing his company’s business almost exclusively on pharmaceuticals.

Influence 12

Influence Education Pharmaceuticals Finance 12

Harvard Business Review

JANUARY 15, 2017

We also discovered a staggering lack of confidence in leadership: 71% of survey respondents said government officials are not at all or somewhat credible, and 63% said the same about CEOs. These results should be deeply troubling for executives, since “business” writ large has been viewed relatively favorably in Western societies.

Survey 11

Survey Media Globalization Policies 11

Harvard Business Review

MARCH 2, 2012

As global companies focus their strategies on developed and emerging markets, they require substantial cadres of leaders capable of operating effectively anywhere in the world. economy, expands America's global trade, and attracts foreign companies to base operations in the U.S.

Competitive Advantage 13

Competitive Advantage Globalization Development Intellectual Capital 13

Harvard Business Review

NOVEMBER 10, 2017

Spending on corporate learning, particularly leadership development, continues to increase at a staggering pace. According to one piece of research , spending on frontline leadership development alone increased by over 310% in a three-year period. The Gap Between Strategy and Execution. Pat Canova/Getty Images. Insight center.

Skills 11

Skills Agility Learning-by-Doing Content 11

Harvard Business Review

NOVEMBER 9, 2011

The answers may not be as self-evident as many executives think. Of the 97 largest listed companies in the UK and the Eurozone in 2010, only 37 had a COO in their executive ranks. Most COOs in Europe are seasoned executives; they were 48 years old, on average, when they were appointed. What do you think?

COO 12

COO Sample Telecommunications Automotive 12

Harvard Business Review

NOVEMBER 27, 2015

One notable critic, Warren Bennis, a renowned leadership scholar from the University of Southern California, states that business schools have “an overemphasis on the rigor and an underemphasis on relevance.” ” Some business schools have responded by hiring professors of practice, or industry executives without PhDs.

Company 8

Company Education Pharmaceuticals Project 8

Harvard Business Review

JULY 28, 2015

Let’s look at a few examples of powerful summaries: “Pharmaceutical marketing executive with 20 years of experience creating commercial infrastructures, growing brands, and optimizing product value throughout launch, re-launch, and sunset life cycles across all customer segments—payers, physicians, and patients.

Pharmaceuticals 8

Pharmaceuticals Retail Long-term Industry 8

Harvard Business Review

JANUARY 22, 2014

The first concerns a complex transatlantic acquisition of a biotech company by a pharmaceutical company. There were major overlaps in corporate and operational management positions, but most employees would be retained. And, judging from employee surveys, most managers rose to the leadership challenge.

Pharmaceuticals 8

Pharmaceuticals Uncertainty How To Middle Management 8

Harvard Business Review

MARCH 16, 2015

Their concerns fell into three broad categories: talent, operating in a global marketplace, and regulation and legislation. Operating in a Global Marketplace. Eight of the CEOs pointed to the challenges of operating in a fast-paced global marketplace. As a pharmaceutical company, we obviously were part of that whole ecosystem.

CEO 8

CEO Stephenson Pharmaceuticals Globalization 8

Harvard Business Review

MARCH 21, 2018

These kinds of statements speak to a leader’s choice of values, and a failure to understand the relationships between a safe work environment and operational performance. The reality is that virtually all workplace injuries are preventable, and safety management and operational excellence are intimately linked. At Cummins, Inc.,

Operations 17

Operations Chemicals CEO Metrics 17

Harvard Business Review

SEPTEMBER 29, 2011

Not long ago, the chief executive of a global telecommunications firm shared with me his frustration that "even in a meeting with the CEO, most institutional investors seek only granular data points to plug into their models. This blog post is part of the HBR Online Forum The CEO's Role in Fixing the System.

Long-term 12

Long-term CEO Short-term Asset Management 12

Harvard Business Review

JUNE 8, 2015

Pharmaceutical companies, buffeted by regulatory changes, new drug technologies that alter entry barriers and competition, price pressures, and an estimated 300,000 job cuts since 2000, seem to fit the popular narrative of large organizations unable to deal with disruptive forces.

Health Care 8

Health Care Venture Capitalist Strategic Fit Pharmaceuticals 8

Strategy Driven

MARCH 18, 2011

Those companies that ‘sweat’ their capabilities continuously improve them and sustainably capture the top-line growth in their industries and, ultimately, market leadership. They execute faster and with more force. Companies today operate in a business environment that encourages incoherence.

Resources 51

Resources Industry System Strategy 51

Harvard Business Review

FEBRUARY 10, 2014

Back in 2006, my colleague Huggy Rao and I launched an executive education program at Stanford called “Customer-focused Innovation.” That first year, the d.school team (led by Perry Klebahn ) sent the executives out to observe and interview customers in BP gas stations. Change management Customer service Informal leadership'

Case Study 10

Case Study Pharmaceuticals Airlines Hotels 10

Strategy Driven

JANUARY 24, 2011

StrategyDriven effective executives, efficient employees Home About The StrategyDriven Organization Our Company Our Contributors Karen K. It’s that time of year again: time for business owners and senior executives to take stock of the past twelve months. Juliano Howard T. Dickens Jr. Ives Sharon Drew Morgen Hank Moore Jamie P.

Execution 67

Execution Company 360-Degree Feedback Cooper 67

Harvard Business Review

OCTOBER 23, 2017

In a project for a pharmaceutical company, we were able to isolate the specific information sources that drove positive and negative sentiment toward the client’s brand. Organizations often seem obsessed by measuring fractional shifts in operational performance, capturing data on sales, inventory turns, and manufacturing efficiency.

Company 8

Company Management Metrics Tools 8

Harvard Business Review

DECEMBER 5, 2016

Involving staff in conceiving, designing, and implementing the change would result in a course of action that was more fit-to-purpose and more likely to be well executed. Leadership would shape the conversation to ensure proposals were strategically on-point. The conversation would be neither bottom-up nor top down.

Library 8

Library Strategy Reference Bottom-up 8

Harvard Business Review

NOVEMBER 25, 2015

So most executives manage it according to their intuition. What the chart shows is that while we tend to think that leadership matters most to motivation, other processes can have an even bigger impact. Looking at all these processes together, it’s clear that culture is the operating system of an organization.

Motivation 8

Motivation Company Airlines Learning-by-Doing 8

Harvard Business Review

JUNE 24, 2015

The practical tool offered here helps executives answer such questions as: What replaces planning when the annual cycle is obsolete? Executives are bombarded with bestselling ideas and best practices for achieving competitive advantage, but many of these ideas and practices contradict each other.

Strategy 8

Strategy Competitive Advantage Environment Execution 8

Harvard Business Review

SEPTEMBER 19, 2016

Imagine, for example, that you’re a pharmaceutical CEO deciding whether to recall a new drug. It is a simple, clear, and highly useful criterion — for routine decisions in businesses operating in competitive markets and with sound legal systems. How should you make this decision?

ROI 8

ROI Long-term Conflict of Interest Pharmaceuticals 8

Skip Prichard

JANUARY 14, 2021

“The biggest leadership challenge is to create the future while managing the present across the entire organization.” There needs to be a framework and model that leaders can follow, an operating model, so to speak. What leadership challenges are emerging for leaders in this environment?

Brand 96

Brand Insurance Participative Open-book 96

Harvard Business Review

OCTOBER 25, 2018

This can be something of a high-wire act, especially for organizations new to data analytics, but it pays immense dividends if executed properly. Consider the following hypothetical progression that a pharmaceutical company might go through: Purpose: Increase medication adherence among patients who have been prescribed Drug X.

How To 11

How To Pharmaceuticals Process Objective 11