HR Digest

OCTOBER 17, 2020

According to a recent survey in USA Today, Americans are far more worried about their finances than their health amid the COVID-19 outbreak. Designing incentive compensation structure as a response to the COVID-19 pandemic. When it comes to short-term incentives…. Updating disability benefits if they contract the virus.

Short-term 59

Short-term Committee Incentives Long-term 59

Leading Blog

DECEMBER 13, 2019

The Good Fight : Use Productive Conflict to Get Your Team and Organization Back on Track by Liane Davey (Page Two, 2019) Liane Davey shows you how to create the productive conflict your organization needs to get along and get stuff done. It’s like having a mentor guide your journey. instead of adversaries. Blog Post ).

Books 236

Books Leadership P&L Learning-by-Doing 236

HR Digest

OCTOBER 17, 2020

According to a recent survey in USA Today, Americans are far more worried about their finances than their health amid the COVID-19 outbreak. Designing incentive compensation structure as a response to the COVID-19 pandemic. When it comes to short-term incentives…. Updating disability benefits if they contract the virus.

Short-term 52

Short-term Committee Incentives Long-term 52

Strategy Driven

MARCH 24, 2020

Secure financing. If you’re the reason they’re successful, they’ll have the incentive to invest in your brand. We always follow market trends, so we know that our facility has to keep up with the demand for cleaner, sustainable formulas for our products. We also knew from this experience that there was room for something more.

Marketing 57

Marketing Brand Innovation Incentives 57

Experience to Lead

FEBRUARY 27, 2023

Team members in all departments (but especially HR, Marketing, and Finance) should be aware of the consequences of bias in machine learning and know how to vet AI products for overlooked ethical flaws. Building organizational knowledge will also increase your team’s confidence around these issues.

Ethics 52

Ethics Diversity How To Document 52

N2Growth Blog

MAY 5, 2011

Pricing impacts everything from strategy and tactics, to finance, to branding, to marketing and sales, to vendor selection and supply chain management, to recruiting and compensation, and to customer satisfaction and loyalty. Why will someone pay $30,000 dollars for a Rolex, but feel a Timex isn’t worth more than $50 dollars?

Price 371

Price Discount Brand Supply Chain 371

N2Growth Blog

NOVEMBER 29, 2010

There is a tremendous amount of conflicting data as to whether or not incentive compensation in any form is an effective motivation tool. In today’s post I’ll take a look at the well intentioned but often misguided practice of year-end bonuses… Here’s a question – do bonuses work?

Blog 382

Blog Metrics Brand CEO 382

Strategy Driven

NOVEMBER 6, 2015

Design and re-engineering of products-services. Each product-service is budgeted. Strategic Plan includes provisions for refinancing, equity and debt financing. Finance charges are negotiated. Top management has as a priority the need to develop and practice People development, skills and team building responsibilities.

Succession 50

Succession Strategic Planning Budgeting Goal 50

Harvard Business Review

MAY 15, 2014

If you want to boost the productivity of your organization’s human capital, you also have to deploy those high performers effectively — put them to work so they can deliver the results they’re capable of. One of the most effective methods of deployment I’ve seen is to create all-star teams. Create an inspiring goal.

Team 8

Team Human Capital CEO Efficiency 8

Harvard Business Review

JANUARY 15, 2014

When is it possible to predict a product’s success? How you answer this question may be the most important factor in how you design your product development process — and, ultimately, in whether your business succeeds or fails. Is market performance predictable for a specific product or class of products?

Black-Scholes 8

Black-Scholes Productivity Products CAPM 8

Harvard Business Review

NOVEMBER 7, 2018

More recently, it has gained attention as a way to finance new ventures, through what is known as an Initial Coin Offering (ICO). Less noticed, though, is ICOs appear almost antithetical to the standard approach to financing a risky venture. To generate publicity that allows them to solicit broad feedback on their beta product.

Cost 8

Cost Decentralization Finance Entrepreneur 8

N2Growth Blog

AUGUST 5, 2010

In my opinion politically correct thinking is a large contributor to a decrease in workplace productivity, and of greater concern, to the moral and ethical decay of our society. " I love how you balance your desire for intense, provoking debate with the fact leaders need to be humble, transparent, and honest with their teams.

Politics 375

Politics Blog Leadership Diversity 375

Harvard Business Review

FEBRUARY 2, 2016

You’ll often find customer relationship management within marketing, budgeting within finance, supply-chain management within operations, outsourcing within procurement, training within HR, and new product development within R&D. The functional model of organization dates back to the 1850s.

Development 8

Development Supply Chain Incentives Outsourcing 8

Harvard Business Review

SEPTEMBER 4, 2017

Disruptive products and services were, by definition, cheaper, lower quality, and lower margin. If you were running a profitable business with growth opportunities from an existing customer base, it was unlikely that you’d prioritize building low-quality products for over-served customers at lower margins.

Christensen 8

Christensen Finance Innovation B2B 8

Harvard Business Review

SEPTEMBER 22, 2011

More and more companies are tying incentive pay to customer metrics. The payoff from linking incentives to customer feedback can be significant. I recently ran into a company that based incentives on scores determined from as few as 11 respondents. Your CFO and finance team can take a leadership role here.

Incentives 10

Incentives Sample Customer Loyalty Metrics 10

Harvard Business Review

DECEMBER 21, 2011

Your R&D group develops a unique new product. Finance puts the systems in place to track the money coming in. A sales model that pays salespeople almost entirely on commission and gives them exclusive "ownership" of customers often works for a while for products in unsaturated markets. Manufacturing produces it.

Company 14

Company Market Penetration Long-term Short-term 14

Harvard Business Review

MARCH 10, 2017

By seeing exactly where and how people spend their time — rather than relying on recollections, anecdotes, or assumptions — executives have a solid basis for taking actions that will raise productivity. Refining Sales Team Structure and Roles. Aligning Sales Priorities and Incentives.

Software 10

Software Metrics CRM B2B 10

Harvard Business Review

JUNE 8, 2018

Digital companies, however, consider scientists’ and software workers’ and product development teams’ time to be the company’s most valuable resource. This notion, that risk is a desirable feature, can seem like sacrilege to anyone who’s taken an introductory finance course.

Report 8

Report GAAP Net Present Value CFO 8

Harvard Business Review

JUNE 12, 2018

Companies that want to serve them directly often have to think outside the box when it comes to financing. It used to be that “serving a city” meant selling a product or service directly to city governments. It also requires setting up aligned incentives between city teams and business divisions.

Real Estate 9

Real Estate Company Transportation B2C 9

N2Growth Blog

NOVEMBER 23, 2010

However it is my opinion that diversity is not being addressed properly, and as a result has become one of the leading killers of corporate productivity. When you force the diversity agenda for the wrong reasons (no matter how well intended) productivity suffers and resentment grows.

Diversity 350

Diversity Blog Leadership Learning-by-Doing 350

Harvard Business Review

OCTOBER 30, 2017

Whereas new technologies, competitors, and business models have made products and services more affordable and accessible in media, finance, retail, and other sectors, U.S. Iora trains health coaches to become the consumer’s advocate, acting as the quarterback of an extended care team that includes a physician.

Health Care 8

Health Care Innovation Insurance Disruptive Innovation 8

Harvard Business Review

OCTOBER 25, 2011

Reorganizations disrupt those relationships, hindering productivity until connections can be rebuilt within the new structure. To solve that problem, he divided up the resources from the various functions (sales, marketing, finance, product management, HR) and created a series of business units.

Sports 13

Sports Cost Incentives Budgeting 13

Harvard Business Review

FEBRUARY 23, 2018

And research has shown that feelings of organizational ownership lead to g reater job satisfaction , engagement, productivity, and profits. ” This insight led that team to feel that they came into work to do more than crunch numbers. billion, prompting them to revisit the goal.

Incubator 10

Incubator How To Real Estate Business Model 10

Harvard Business Review

DECEMBER 7, 2017

Among other things, there is growing demand from both retail and institutional investors to align their capital with better environmental and social outcomes, and more resources going into index fund or quasi-indexing products. Index funds can be a force for sustainable capitalism.

Supply Chain 8

Supply Chain Asset Management Chemicals Long-term 8

Harvard Business Review

DECEMBER 13, 2012

The competition thus incented both "supply" and "demand" of knowledge worth sharing. One winning finance group promoted an Excel macro that helped business units more easily calculate a key performance metric; an HR group from one division "stole" and repurposed the online 360 degree job review process from another. It worked well.

Incentives 8

Incentives Tools Benchmarking Innovation 8

Harvard Business Review

JUNE 7, 2012

Our research suggests that investors like us succumb time and again to narrative fallacies, a well-studied behavioral finance bias. It also called on investors to work to better align investor and venture capitalist incentives. For example, its team found the perceived wisdom that failure is beneficial isn't backed by data.

Venture Capitalist 15

Venture Capitalist Christensen Incubator Porter 15

Harvard Business Review

JANUARY 12, 2017

launched a Software-as-a-Service (SaaS) subscription version of its key product line, Creative Suite, causing its net income to plummet by almost 35% percent the following year. Investors preferred new SaaS products over product conversions and valued having a product fallback option. On April 23, 2012, Adobe Inc.

Business Model 8

Business Model Licensing Company Software 8

Leading Blog

JUNE 21, 2011

In 1976, Harvard finance professor Michael Jensen and Dean William Meekling of the Simon School of Business at the University of Rochester published a paper entitled Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure [ PDF ]. In the NFL there is the real market when teams take to the field to play a game.

Rogers 260

Rogers Simon Crisis Bottom-up 260

Harvard Business Review

JUNE 15, 2016

It was a problem regardless of brand, formula, or product — until Atis set her sights on solving it once and for all. Atis and her tiny team knocked down the enduring obstacles and solved a dilemma that had existed for generations. She found partners, attracted financing, and cultivated a community of internal supporters.

Bureaucracy 8

Bureaucracy Innovation Brand Competitive Advantage 8

Harvard Business Review

JUNE 7, 2012

Our research suggests that investors like us succumb time and again to narrative fallacies, a well-studied behavioral finance bias. It also called on investors to work to better align investor and venture capitalist incentives. For example, its team found the perceived wisdom that failure is beneficial isn't backed by data.

Venture Capitalist 12

Venture Capitalist Christensen Incubator Porter 12

Harvard Business Review

JANUARY 8, 2013

By sheer happenstance, I had just gotten a copy of Gemba Walks , a collection of essays by James Womack , a co-author of the automotive classic The Machine That Changed The World and a pioneering importer of Toyota-inspired lean production insights and methodologies to America. What does it mean for your company and industry?

Innovation 8

Innovation Lean Production Disintermediation Automotive 8

Harvard Business Review

NOVEMBER 13, 2017

Nonetheless, even those parts of care that could be freed from the doctor’s office remain tied to it, with schedules optimized for doctors’ productivity rather than what’s best for the patient. Once patients began using the portal, many started sharing health updates and personal news with their care teams.

Health Care 8

Health Care How To Insurance Incentives 8

Harvard Business Review

JANUARY 16, 2017

It may be investing in a product it doesn’t understand, which happened at Lehman Brothers during the global financial crisis. Through a slew of practices, offices, procedures, and incentives, the governance system systematically detects and remediates the problems the organization can anticipate.

Company 8

Company CEO Finance System 8

Harvard Business Review

APRIL 25, 2013

He gathered a team with a wide cross-section of expertise and put them to work at trimming the fat. Contractors paid based on their costs, with little incentive to save, increased them even more. With small teams and far lower overhead, SpaceX was able to go from incorporation to first space flight in six years. They think big.

Cost 8

Cost Innovation Long-term Transportation 8

Harvard Business Review

AUGUST 5, 2014

That shift has created an increasingly commoditized product and service environment. Digital has removed barriers across sectors, even in old-line businesses known for “sticky” products, such as telecom and insurance. That’s a major missed opportunity according to Ian Ewart, Head of Products, Services & Marketing at Coutts. “I

P&L 10

P&L Banking Marketing Call Center 10

Harvard Business Review

MARCH 3, 2011

Hiring overqualified candidates can help you achieve much higher productivity, grow, and achieve opportunities that you may not even be thinking about pursuing right now." In 2009 Lara Galinsky, senior vice president at Echoing Green , needed to hire a finance director for the young, but growing, global non-profit.

Finance 17

Finance Learning Curve Skills Learning-by-Doing 17

Harvard Business Review

NOVEMBER 14, 2016

An important part of your job as a manager is making sure everyone on your team has the right amount of work. How do you make sure that work on your team is evenly distributed? Delegating work to your team may sound like a straightforward task of management, but, in fact, it’s complicated. What the Experts Say.

Delegation 8

Delegation Project Team Short-term 8