Harvard Business Review

FEBRUARY 8, 2018

Theories and practices of management often spring from the opportunities created by new technologies. Client-server technology begat enterprise resource planning systems, and the consequent system-wide visibility that was required for what we call business process management (BPM). yagi studio/Getty Images.

Management 9

Management Software BPM Technology 9

Harvard Business Review

AUGUST 21, 2013

Information Technology Changes the Way You Compete" was a trailblazing HBR article by Warren McFarlan back in the early 1980s. Their strategic use of information technology (IT) presaged the dot.com boom of the 1990s when the Internet made this kind of online ordering commonplace.

Competitive Advantage 8

Competitive Advantage Management Information Technology Airlines 8

Harvard Business Review

MARCH 22, 2016

For example, the finance department approves what to buy, facilities maintains equipment, HR tells employees how to conserve energy, and marketing manages the company’s corporate sustainability reporting. Managing utilities has also become more complex as the energy landscape has evolved.

Company 8

Company Management CIO Energy 8

Harvard Business Review

DECEMBER 14, 2016

The consensus is the challenges facing them will be daunting and organizations will be strained to finance and manage it. The transformation will necessitate substantial investments in finance, technology, human capital, operations, and infrastructure, and a substantial disinvestment of legacy resources in these areas.

Health Care 8

Health Care Industry Business Model Finance 8

Harvard Business Review

OCTOBER 24, 2014

Here are some of the challenges that I’ve observed: Product management. Weekly e-mails with detailed reports can also be set up, creating a comprehensive system of medication management. In IoT businesses, sales departments often struggle to determine how to best take a combined product and service to market. Operations.

Productivity 8

Productivity Products Company Engineering 8

Harvard Business Review

JULY 5, 2018

The model was honed by Jack Welch in the 1980s and 1990s, with new portfolio restructuring strategies and a headlong expansion into finance. Simplifying a bit, the chief explanations were these: First, that GE benefited from scale and dominant market positions in industrial businesses. Private equity and the new capital markets.

Welch 8

Welch Software Industry Hedge 8

Harvard Business Review

JUNE 26, 2013

Carr predicted that an organization''s ability to compete through investing in information technology was about to change dramatically. The IT boom of the 1980s and early ''90s had brought information technology to the corporate masses, unleashing the first full-scale technology revolution in the enterprise.

Supply Chain 8

Supply Chain Competitive Advantage Information Technology How To 8

Harvard Business Review

AUGUST 16, 2013

DIG is responsible for emerging technology, collaboration methods and technology (e.g., online idea markets), the center of expertise for innovation support, and analysis across the enterprise. IT management Information & technology' Improving Operational Efficiency. IT Doesn''t Matter (to CEOs).

Enterprise Architecture 8

Enterprise Architecture CIO Horizontal Integration Information Technology 8

Harvard Business Review

FEBRUARY 12, 2015

Most managers readily admit that their organizations’ databases are rife with errors that add time and expense to day-in, day-out work. Data quality problems bedevil managers in every industry, company, business unit, department, and process. A notable gain in market share was reported as an insignificant one.

Uncertainty 8

Uncertainty Information Technology Quality Analysis 8

Harvard Business Review

OCTOBER 3, 2014

First, senior management should decide on the business goal for an analytics initiative and the key performance indicators to track that will put them on the right path toward success. Once CoE is created, the pod teams should perform root cause analyses to support the performance management process. Make collaborative decisions.

Root Cause Analysis 8

Root Cause Analysis Metrics Analysis Information Technology 8

Harvard Business Review

APRIL 5, 2018

The myth of Silicon Valley is that venture-funded entrepreneurship is a generalizable model that can be applied to every problem, when in actuality it is a model that was built to commercialize mature technologies for certain markets. The Silicon Valley Model. ” An Alternative Path.

Technology 8

Technology Venture Funding Venture Capitalist Entrepreneur 8

Harvard Business Review

NOVEMBER 9, 2011

That's what we found when we studied the top management teams of companies in Europe over the past three years. Part of the problem may be in the backgrounds that companies desired: 85% of COOs had experience in operations, strategy, or finance. What role does he or she play in the organization?

COO 11

COO Sample Telecommunications Automotive 11

Harvard Business Review

OCTOBER 30, 2012

That's because information technology — not just the Internet, but also mobile devices, " big data " for intensive data-crunching, and other computer hardware and software — will render even some of today's most proficient business processes obsolete by the end of the decade. I see three big opportunities: 1.

Process 15

Process Strategy Offshoring Information Technology 15

Harvard Business Review

JUNE 7, 2017

This transformation will not be easy, and we expect that while a number of companies will be able to adapt and grow their market share, others will go out of business in the process or shrink significantly. In the meantime, more shareholder proposals will address climate change issues, raising important questions for boards of directors.

Tips 8

Tips Supply Chain Proposal Decentralization 8

Harvard Business Review

OCTOBER 10, 2013

The chief financial officer (CFO) role rose to prominence in the mid -1980’s as pressures for value management and more transparent investor relations gained traction. Today, as the power of data and analytics profoundly alters the business landscape, companies once again may need more top-management muscle. Mobilizing resources.

Chief Financial Officer 8

Chief Financial Officer Information Technology Metrics CFO 8

Harvard Business Review

APRIL 23, 2013

Who, for instance, would have guessed that global NGOs spend nearly 80% more to track their finances and employ nearly twice as many finance staff as comparable for-profit multinationals? As globalization began to shift into high gear in the 1980s, corporations grew by opening international outposts to access new markets.

Globalization 8

Globalization NGO Benchmarking Decentralization 8

Harvard Business Review

MARCH 24, 2014

The potential benefits of workplace variability are numerous — increased morale, motivation, and the ability to attract and retain talent — yet many managers don’t know where to start. Even the most employee-oriented managers have concerns about having employees work outside of normal work hours or at places other than the office.

Flextime 8

Flextime Information Technology Mentor Project 8

Harvard Business Review

JANUARY 24, 2012

Baruch Lev teaches accounting and finance at NYU's Stern School of Business. Baruch Lev: Investors' resentment, after the worst stock market decade in recent history, numerous accounting scandals and managerial pay abuses, is at all-time high and is very damaging. Managers clearly have to respond to regain investors' trust.

Short-term 11

Short-term Long-term Parcell Incentives 11

Harvard Business Review

DECEMBER 21, 2011

My team would have people with deep functional knowledge and skills (strategy, sales, marketing, finance, and information technology) to align surrounding processes. The issue I see is that HR management spends a lot of time on the transactions it must oversee (paychecks, health insurance claims, etc.),

Six Sigma 14

Six Sigma Skills Team Compliance 14

Harvard Business Review

MAY 8, 2014

The first is to design products that shift control of personal data toward consumers (and away from data-brokers and gray markets ). The second is to empower people with personal analytics tools to understand the information being collected about them and safeguard their privacy. Entrepreneurship Government Information & technology'

Engineering 8

Engineering Information Technology Information Policies 8

Harvard Business Review

JANUARY 17, 2014

million managers and analysts who understand big data and how to apply it to business operations. Human resources departments are also looking globally at traditionally analytically-intensive sectors ranging from meteorology to medicine and finance to find talented candidates. Information & technology'

Information Technology 8

Information Technology Technology McKinsey Globalization 8

Harvard Business Review

DECEMBER 11, 2018

The first is this notion that the challenges at work, the challenges of managing modern work, really are a crisis. ” So, this challenge at work, the crisis of trying to manage modern work, has gone from a nuisance to a business imperative. Almost half of the respondents say that they are requesting tools to manage work.

Content 8

Content Crisis Apparel Learning-by-Doing 8

Harvard Business Review

FEBRUARY 26, 2014

Their life anchors are their identification with an institution of great power; influence over individuals, policies, finances, and the community; and constant affirmation of their importance as individuals and of their role as leaders. Managing people Managing yourself'

CEO 8

CEO Execution Policies Power 8

Harvard Business Review

DECEMBER 6, 2018

Instead they are waiting for the technology to mature and for expertise in AI to become more widely available. They are planning to be “fast followers” — a strategy that has worked with most information technologies. We think this is a bad idea. Human Interactions with AI Time.

Company 8

Company Maturity System Engineering 8

Harvard Business Review

JULY 18, 2012

Ever thought air mattresses in living rooms would grow into a billion dollar company that would take on the vacation rental market and the hotel industry? Billion-dollar companies do not happen if the founding team is not extremely well suited to the market (now called " founder/market fit "). I know many smart investors didn't.

Venture Capitalist 15

Venture Capitalist Software Entrepreneur Engineering 15

Harvard Business Review

JULY 18, 2012

Ever thought air mattresses in living rooms would grow into a billion dollar company that would take on the vacation rental market and the hotel industry? Billion-dollar companies do not happen if the founding team is not extremely well suited to the market (now called " founder/market fit "). I know many smart investors didn't.

Venture Capitalist 15

Venture Capitalist Software Entrepreneur Engineering 15

Harvard Business Review

FEBRUARY 24, 2016

Integrate your digital skills with operations, marketing, and all the other kinds of functional expertise a business requires. The team is self-managing and cross-functional; it includes all the skills it needs for the job. In most situations, research shows, agile works better than traditional methods of project management.

Agility 8

Agility Technology Project Strategy 8

Harvard Business Review

MAY 20, 2016

Once they understood this point, they aimed to provoke change, but by working within the existing management system, not blowing it up. The data provocateurs I’ve worked with form a diverse lot: scientists, HR specialists, people at the lowest management levels, division presidents, relative newcomers, and seasoned veterans.

Quality 8

Quality Resistance Learning-by-Doing Finance 8

Harvard Business Review

JULY 15, 2013

The Management Innovation Exchange is currently running a competition to "hack" the human resources function to enable organizational adaptability. All the parts of the organization have to come together and build a common language to discuss their markets and their enterprise. The bifurcation of IT and business is a myth.

CIO 8

CIO Crisis Competitive Advantage Webinar 8

Harvard Business Review

NOVEMBER 22, 2010

The Ministry of Commerce was showing how some companies "have made use of technology to.promote a low-carbon economy and environmental protection." The Ministry of Industry and Information Technologys pavilion will demonstrate "industrial energy savings and the comprehensive use of resources." And on and on. And on and on.

NGO 14

NGO Chemicals Guidelines Telecommunications 14

Harvard Business Review

JUNE 15, 2015

Such an environment enables businesses to move, manage, and mobilize the ever-increasing amount of data across the organization for consumption faster than previously possible. bank adopted such a technology environment to more efficiently manage increasing data volumes for its customer analytics projects. For example, a U.S.

Strategy 8

Strategy Supply Chain Technology Banking 8

Harvard Business Review

SEPTEMBER 22, 2016

That’s the research firm IDC’s estimate of the size of the big data market, worldwide, in 2016. The reason bad data costs so much is that decision makers, managers, knowledge workers, data scientists, and others must accommodate it in their everyday work. Consider this figure: $136 billion per year.

Cost 8

Cost Hedge Quality Finance 8

Harvard Business Review

MAY 4, 2017

It has benefited the tech industry enormously, and other sectors, including health care, science, and finance, have also used it to fill gaps in their workforces. Last year, American campuses produced fewer than 56,000 graduates with the sort of qualifications sought by information technology (IT) firms.”

Outsourcing 8

Outsourcing Engineering Skills Information Technology 8

Harvard Business Review

APRIL 18, 2016

But it’s dangerous and naïve to assume that better technology and more data guarantee better outcomes. Remember Long-Term Capital Management ? LTCM was founded, in 1994, by some of the best minds in finance theory, including two Nobel Prize winners.

Strategy 8

Strategy Supply Chain Technology Engineering 8

Harvard Business Review

MARCH 23, 2012

How many organizations would rely mainly on intuition when taking a new product to market? The truth is that Gradgrind would make a terrible manager. Each month, managers had been focusing on a new performance metric — first-call resolution, average call-time — so the phone staff was confused as a result.

Metrics 12

Metrics Parcell Call Center Productivity 12

Harvard Business Review

OCTOBER 27, 2015

And a recently released report suggests that Europe’s digital divide problem extends way beyond the Atlantic; Europe is a distant third behind North America and Asia for $100 million plus financing for VC backed companies. ” The proposal is to create a “Digital Single Market” in the EU. million jobs. billion).

Crisis 8

Crisis McKinsey Policies Globalization 8

Harvard Business Review

NOVEMBER 30, 2010

Now consider the joint judgment involved in a process of co-creation , whereby companies collaborate with customers or other partners to bring new offerings to market. If we hope for better management of large-scale endeavors, our models will have to look beyond what it takes to inform individual, or even organizational, moves.

Guidelines 14

Guidelines Education Telecommunications Emotional Intelligence 14