Strategy Driven

DECEMBER 2, 2019

Technology has provided us with unprecedented advances, information, knowledge, instant access and entertainment. While there’s no denying that technology has amazing advantages to make it easier for the customer in most cases. However, a company’s biggest expense doesn’t show on a P&L, at least not directly.

Company 72

Company P&L Bottom-up Advertising 72

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. The irony was their technological prowess failed to keep the copper fitting bin flush with inventory.

P&L 150

P&L Customer Intimacy Price Retail 150

Strategy Driven

NOVEMBER 4, 2011

Technology cannot take the place of human communication… only may add to it. The person who commits to a path of professional development never stops achieving… and profitably impacts his-her business relationships. Language is food for the mind. Browse a dictionary, and you create new ideas.

P&L 56

P&L Books Definition Strategic Planning 56

Harvard Business Review

SEPTEMBER 27, 2017

L’Oréal has made a strategic investment in Founders Factory , a digital startup accelerator. At L’Oréal, CEO Jean-Paul Agon signaled the company’s digital transformation when he recruited Lubomira Rochet to be the chief digital officer and a member of the executive team.

P&L 9

P&L Agility Fashion Media 9

Harvard Business Review

NOVEMBER 22, 2017

For every company wrestling with evolutions in its strategy, success depends as much on matching the operating model to those evolutions as it does on the soundness of the strategy itself. But exactly how do today’s companies create or update an operating model to match adaptations or wholesale changes in strategy?

Strategy 8

Strategy Company Banking Apparel 8

Harvard Business Review

OCTOBER 10, 2017

A recent McKinsey report found that while 84% of corporate executives think innovation is key to achieving growth objectives, only 6% are satisfied with the innovation performance of their firm. Even if executives try to prioritize it, innovation often gets crowded out by more “urgent” short-term pressures. It’s not.

Innovation 8

Innovation P&L ROI Long-term 8

Harvard Business Review

DECEMBER 19, 2016

Instead, chief executives are often presented with two “right” answers, but one is slightly worse. When confronted with disruptive technologies, many companies fail to align digital strategies with their core strategies. Strategy, after all, is about tradeoffs — choosing where to focus.

CEO 8

CEO Supply Chain Disruptive Innovation P&L 8