Harvard Business Review

OCTOBER 9, 2017

Should you take a more targeted approach, with a short-term executive education program? As an adjunct professor for Duke University’s Fuqua School of Business , I’ve taught multiple classes for degree programs, as well as executive education offerings. Start by looking at the job you’re aiming for. Learning.

P&L 8

P&L Education Learning-by-Doing Finance 8

Harvard Business Review

FEBRUARY 18, 2011

At Hartwell Pacific, the global metal recycling company I founded in 1993 and exited in 2008, I was operating factories in six different cities in four countries, so developing an effective global management system was critical. After lunch we would take a tour of that country's operations. We tried to be as inclusive as possible.

P&L 15

P&L Globalization CFO Operations 15

Harvard Business Review

MAY 24, 2013

She holds the Ernest L. In her latest book, SuperCorp: How Vanguard Companies Create Innovation, Profits, Growth, and Social Good , she analyzed how P&G (among other companies) achieved long-term performance. Why is P&G making this move, now? P&G is in the midst of a major restructuring, and has laid off thousands of people.

P&L 8

P&L Restructuring Price CEO 8

Harvard Business Review

JANUARY 18, 2012

Executing this strategy required seamless integration of IBM's product capabilities with its geographic reach. This meant abandoning IBM's existing organization, in which product silos and geographic entities operated independently and frequently were more competitive than collaborative. Directness. Pragmatism. When the U.S.

Globalization 15

Globalization Golden Parachute Short-term Long-term 15

Harvard Business Review

MAY 8, 2012

This week, Microsoft is announcing an unusual initiative that it hopes will change how the company operates: an internal fee on carbon. The executives running that facility, not just centrally located sustainability professionals, will be empowered to address any concerns, drive for greater efficiency, and choose greener power.

Price 13

Price P&L White Paper Energy 13

Harvard Business Review

JULY 30, 2014

But even as these old ideas remain in use (and indeed, are still taught), management as it is practiced by the most thoughtful executives evolves. Townes, and Henry L. Statistical and mathematical insights were imported (often from military uses) forming the basis of the field that would subsequently be known as operations management.

Six Sigma 8

Six Sigma Drucker P&L Short-term 8

Harvard Business Review

JANUARY 12, 2015

There is a widely held belief that strategic decisions are made collectively by an organization’s executive team, the senior executives who report directly to the CEO. Members of this elite club wield a disproportionate amount of influence, which is why most executives want to join. What traits must one possess?

How To 8

How To CEO P&L Uncertainty 8

Harvard Business Review

SEPTEMBER 21, 2016

It’s not uncommon for our executives to acknowledge our team’s accomplishments during company-wide presentations. After all, hackers have P&L sheets too. One of the most popular misconceptions about security is that it’s destined to be a cost center and it survives on executive generosity (or paranoia).

Team 8

Team P&L Engineering Cost 8

Harvard Business Review

NOVEMBER 18, 2013

Face facts: Most boards invest heavily in executive assessments, exposing chief-executive candidates to C-suite responsibilities and checking their P&L performance — while simultaneously scanning outside prospects. Thompson, the former CEO of Symantec, leads its search committee, and he is joined by Steve J.

CEO 8

CEO Committee P&L Charan 8

Harvard Business Review

DECEMBER 19, 2016

Instead, chief executives are often presented with two “right” answers, but one is slightly worse. CEOs must be agile and adaptive, operating from a mindset of continual anticipation and appraisal in order to make timely investment decisions and oversee speedy execution.

CEO 8

CEO Supply Chain Disruptive Innovation P&L 8

Harvard Business Review

MARCH 20, 2013

They may not be like the big conglomerates of the 1960s — you can see how their portfolio of somewhat related business came about — but, in reality, the various divisions and business units do operate completely independently from one another. First, corporate C-suite executives are portfolio managers.

Strategy 8

Strategy P&L Engineering Cooper 8

Harvard Business Review

MARCH 1, 2016

For example, the French global energy player ENGIE recently tilted its primary dimension from product (such as power, services, and infrastructure) toward region in order to better serve its clients in the territories in which it operates. The executives in charge of the various groups sit together naturally in the top management team.

Organization 8

Organization P&L Report Finance 8

Strategy Driven

NOVEMBER 4, 2011

My acronym for BUSINESS : B ig-picture U nderstanding S ymbiosis I n N omenclature, E conomics, S ystems, and S ervices WORK : W indows of O pportunity, R equiring K now-how My acronym for GOALS : G etting O rganized A llowing L ifeblood S ystems G rowth O pportunities A nd L egacy S upport THINK : T o H ave I deas, N ew K eys FAILURE : F inding A (..)

P&L 56

P&L Books Definition Strategic Planning 56

Harvard Business Review

NOVEMBER 1, 2011

keep hearing from top executives at large, profitable companies that they're under "P&L pressure." What all senior executives seem to have forgotten — in some mass delusion — is that these growth targets are arbitrary. It's a strategic and operational straight-jacket.

GAAP 8

GAAP Short-term P&L EPS 8

Strategy Driven

DECEMBER 2, 2019

Executives frequently focus on analyzing the company’s profit and loss to determine where the company is over-spending and being wasteful, and then figure out how to reduce expenses to drive more profit to the bottom line. However, a company’s biggest expense doesn’t show on a P&L, at least not directly.

Company 70

Company P&L Bottom-up Advertising 70

Women on Business

JANUARY 31, 2013

Getting more women on boards begins with getting more women in mission-critical P&L roles. “If you look on boards, one of the primary reasons we are not seeing more women joining them is that typically they are looking for candidates who either have board experience or are leading large operations. . ” Ilene H.

P&L 256

P&L Chief Executive Officer Supply Chain Mentor 256

Harvard Business Review

JUNE 13, 2016

Generally speaking, executives are compensated for things under their control: moving projects along, the stewardship of a P&L, and for the company hitting financial targets. Bonuses are awarded for moving programs along, some of which could have started years before this executive’s arrival.

Incentives 8

Incentives Pharmaceuticals Crisis P&L 8

Lead Change Blog

OCTOBER 16, 2015

We live in a time flush with high efficiency, cost control, and lean operations. Bar coded packaging today drives inventory control, P&L calculations, and all manner of financial management processes. We seem to be getting longer on high tech; shorter on high touch. Granted, profit making is vital for survival.

P&L 150

P&L Customer Intimacy Price Retail 150

Harvard Business Review

AUGUST 21, 2013

I look around and see that my male colleagues have P&L responsibility and most of us are in staff roles. For example, some executives made a commitment to review the job criteria for leadership roles. I just feel less of a connection, either positive or negative, with the guys I work with. It would be easier, I was told.

Education 8

Education P&L Constraint Participative 8

Harvard Business Review

AUGUST 7, 2012

Seelig described the frenzy inside the company to hire like mad (they had over 1000 employees by the end of 2000), to scale all aspects of the operations and team (experienced operators Paul Sagan and George Conrades were quickly hired to lead the company) and to address the initial product's warts.

P&L 13

P&L Lewin EBITDA Ries 13

Harvard Business Review

MAY 1, 2013

Every manager has a P&L that he or she is responsible for," he says, "and while we don''t make sharing rooms a hard and fast rule, it''s our sense that when people have their own budgets and ownership for their profits, they''ll continue to operate that way.". It Can Be Good for Business.

Hotels 8

Hotels Conference Policies Travel 8

Ask Atma

MAY 20, 2012

3 steps to building virtue into your organization: Introducing and executing this commitment to virtue requires you to adopt a consistent, three-stage process of, 1) establishing standards, 2) reviewing standards, and 3) making adjustments accordingly. 5) Operational Transparency -. Transparency is organizational honesty.

Team 52

Team How To Knowledge Management Self-aware 52

Harvard Business Review

JANUARY 16, 2015

If you were operating based on rational self-interest one could argue that you would buy as many tickets as possible. Based on many years as a business founder, executive, and advisor, I would argue that getting the deal closed requires an appreciation for one key principle about decision makers that many of us get wrong.

P&L 8

P&L Due Diligence CIO COO 8

Persuasive Powerhouse

OCTOBER 22, 2010

Home Who We Are What We Do Services Contact My Favorite Blogs All Things Workplace Bob Sutton – Work Matters Brain Leaders and Learners Bret L. Scott is also an executive coach, speaker, and blogger. My work as an executive coach involves looking at a lot of 360 degree feedback reports. What’s the recovery plan?

Bottom-up 177

Bottom-up Short-term Executive Coaching Open-book 177

Harvard Business Review

JANUARY 30, 2012

Once, the demise of the Great A&P would have been front-page news from Maine to California. For more than four decades, from 1920 into the 1960s, A&P was the largest retailer in the world. A&P remained so powerful for so long for one reason only: because the two brothers who controlled it, George L. In 1946, the U.S.

P&L 14

P&L Retail Real Estate Discount 14

Harvard Business Review

JANUARY 25, 2012

As Tommy Bamford and Jane Oldenburg drove into the visitor section of Westmid Builders' car park, Jane pointed out the man they had come to see: Steve Houghton, Westmid's purchasing executive. These deductions, which totaled 12% of sales, had previously been collapsed into a single line item in the P&L for each customer.

Case Study 14

Case Study P&L Cost Due Diligence 14

Harvard Business Review

JULY 23, 2013

The first is to get various functional silos and P&L centers sharply aligned with the specifics of customer requirements. Design "integration mechanisms" and operate them with rigor. Execution Leadership Strategy' Achieving speed and customer centricity depends on a crucial ingredient that''s often missing: integration.

P&L 8

P&L Decentralization COO Restructuring 8

Harvard Business Review

NOVEMBER 12, 2012

Solution : Make gender balancing a strategic initiative, led by the CEO, framed as a lever to achieving business strategy, not as a separate initiative for already overburdened executives. Is having 80% women in HR and support functions and 80% of men in operational roles what you are after? Problem 3: Focusing Only on Women.

Diversity 8

Diversity Balanced Scorecard P&L Committee 8

Harvard Business Review

MARCH 29, 2011

Palma Cay is Alegre's newest flagship hotel, and I think I can make it work with lower prices to the key travel agencies, tour operators, and online portals. You're responsible for your own P&L, just like all the other hotel managers, and that includes promotional spending of any kind. Palma Cay's first month," he said.

Case Study 10

Case Study Hotels Price Decentralization 10

Strategy Driven

SEPTEMBER 9, 2011

The authors then show how to best execute specific initiatives, test major project assumptions, and develop a culture that values disciplined experimentation and learning over meeting mindless and unrealistic goals. Companies that will eventually be wrecked by others’ innovations are operating on autopilot. Take newspapers.

Innovation 50

Innovation NPV Business Model Constraint 50

Harvard Business Review

APRIL 2, 2013

Yet for the all the effort that is put into selecting, training and assessing leaders, there still seems to be a dearth of truly top-level executive talent. When leaders come up short, as they often do, the problem may have less to do with them as individuals than with the top-down structures in which they operate.

P&L 8

P&L Supply Chain Bottom-up McKinsey 8

Harvard Business Review

FEBRUARY 27, 2014

That made it relatively easy to assemble a big group of plaintiffs, since all you had to do was find those who had bought or sold a company’s stock over a particular time period — whether or not they’d been paying any attention to the misleading statements of its executives. Bratton and Michael L. John Fund, Inc. , Basic, Inc.,

Training 8

Training Efficiency Class Price 8

Leading Blog

DECEMBER 7, 2022

The Crux : How Leaders Become Strategists by Richard P. Rumelt (PublicAffairs, 2022) What passes for strategy in too many businesses, government agencies, and military operations is a toxic mix of wishful thinking and a jumble of incoherent policies. A New Way to Think : Your Guide to Superior Management Effectiveness by Roger L.

Books 368

Books Leadership P&L Blog 368

Harvard Business Review

DECEMBER 13, 2016

In order to allocate funds for innovation initiatives, Atrius Health’s leaders created a new department with its own P&L. The innovation and operations teams must work together and negotiate the use of these resources. Executive sponsors should make sure findings are shared throughout the project.

Health Care 8

Health Care Innovation Insurance P&L 8