Strategy Driven

JULY 13, 2011

We talked extensively in this book about how accounting profits or profit growth as a sole performance metric doesn’t lead to value creation. Value: The Four Cornerstones of Corporate Finance by Tim Koller. Discusses the four foundational principles of corporate finance.

ROIC 62

ROIC Balanced Scorecard Metrics McKinsey 62

N2Growth Blog

OCTOBER 18, 2010

Put simply…not all inputs should weigh equally in one’s decisioning process. By developing a qualitative and quantitative filtering mechanism for your decisioning process you can make better decisions in a shorter period of time. Another aspect that needs to be factored into the decisioning process is the source of the input.

Blog 416

Blog Analysis CEO Brand 416

N2Growth Blog

JANUARY 11, 2024

Under their stewardship, the CRO implements innovative revenue generation techniques and ensures effective business model operations. The Unique Challenges in Chief Revenue Officer Recruitment The recruitment process for a Chief Revenue Officer (CRO) has its share of intricate complexities.

Long-term 235

Long-term Due Diligence Quality Leadership Styles 235

Strategy Driven

FEBRUARY 4, 2020

Finding ways to streamline business processes is another good investment to make into your company. It can be a low-cost endeavor if you know how to strategize and plan properly, and there’s no downside to investing in performance metrics. Invest in yourself.

Succession 86

Succession Asset Management Software Outsourcing 86

N2Growth Blog

JANUARY 13, 2011

As a result of our conversation, I decided to dust-off an old post, give it a few updates, and pass along my thoughts, which can be best summarized as “ Ideas Don’t Equal Innovation. “ It is my hope to help dispel the myth that ideas are inherently good things.

Blog 413

Blog Innovation Strategic Planning Brand 413

N2Growth Blog

AUGUST 12, 2010

Great leaders intrinsically understand that team building catalyzes collaboration, creates both disruptive and incremental innovation, facilitates a certainty of execution, and is one of the key foundational elements associated with creating a dynamic corporate culture. link] mikemyatt Thanks for your comment and kind words John.

Consensus 388

Consensus Team Building Blog Team 388

Strategy Driven

MARCH 21, 2011

How to start measuring the factors that are most critical to the success of the business and identify the metrics that express them. How the new job of process owner can tie together the separate silos that characterize the traditional organization to change the way work is done and how people relate to one another.

Hammer 50

Hammer Chief Executive Officer Metrics Process 50

Mike Cardus

FEBRUARY 25, 2013

You are team leader on a cross-functional team project that includes; Sue from finance, Jack from engineering, Brian from Quality Assurance, Stephanie from human resources, Terri is the customer representative, Tony from production and Mike (me) is the team coach…. Ferdinand Fournies. You: “Brian do you know why I called you here today?”.

Team 143

Team Management Project Quality 143

HR Digest

NOVEMBER 9, 2021

And they should prioritize doing so, as real data shows diversity of thought and perspective drives innovation and has a meaningful impact on invention, engagement and the bottom line. We also hire talent from non-traditional sources and customize the interview process to meet these candidates where they are.

Diversity 52

Diversity Katz Learning-by-Doing Globalization 52

HR Digest

NOVEMBER 9, 2021

And they should prioritize doing so, as real data shows diversity of thought and perspective drives innovation and has a meaningful impact on invention, engagement and the bottom line. We also hire talent from non-traditional sources and customize the interview process to meet these candidates where they are.

Diversity 52

Diversity Katz Learning-by-Doing Globalization 52

Harvard Business Review

AUGUST 23, 2018

That fear drives their companies to invest millions into coming up with breakthrough innovations. If innovation projects are going to succeed, they’ll need to survive a handoff from an innovation team to an execution team. These labels also nicely describe the phases of innovation: Explore, Scale, and Optimize.

Project 8

Project Innovation Team Stage-Gate 8

N2Growth Blog

NOVEMBER 23, 2010

link] Anna Smith “Let the attacks begin” – The number one source for innovation/change is pissed-off people (Tom Peters). While my list had more "diversity" it was a larger list based upon specific metrics as the standard for qualification – diversity was not one of these metrics. LeRoyD Amen!

Diversity 350

Diversity Blog Leadership Learning-by-Doing 350

Harvard Business Review

FEBRUARY 16, 2018

Any standing meeting, whether it’s of a departmental leadership team, a cross-functional group owning a process like innovation or talent management, or a task force managing a six-month transition to a new technology, should be designed and linked to a broader governance plan. The right composition and metrics.

P&L 9

P&L How To Finance Metrics 9

Harvard Business Review

JUNE 8, 2018

This notion, that risk is a desirable feature, can seem like sacrilege to anyone who’s taken an introductory finance course. CFOs of these companies themselves admit that they cannot justify their market capitalizations based on traditional metrics. Analysts increasingly rely on non-GAAP metrics.

Report 8

Report GAAP Net Present Value CFO 8

Harvard Business Review

MARCH 9, 2016

If the public sector is to realize the full potential of digital technology to transform public finances and even kickstart national economic growth, governments will have to move beyond streamlining services and cutting red-tape for entrepreneurs. No matter how innovative a new technology is, it’s not automatically profitable.

Entrepreneur 8

Entrepreneur Disruptive Innovation Venture Capitalist Business Model 8

Harvard Business Review

JUNE 25, 2015

What they don’t do well enough is reinvent and innovate. Sure, there are exceptions who are both visionary CEOs and innovators — Steve Jobs and Jeff Bezos, for example — but there are very few companies that can stomach that sort of leadership. So if the CEO isn’t someone who can innovate, then who should?

Entrepreneur 8

Entrepreneur CTO Business Model CEO 8

Harvard Business Review

OCTOBER 10, 2017

Every step of the process was measured, and real-time metrics were easily accessible. Workers were carefully trained to follow processes exactly as they were laid out. Adaptive performance manifests as creativity, problem solving, grit, innovation, and citizenship. Metrics emphasized speed.

Organization 9

Organization Tactics Call Center Metrics 9

Harvard Business Review

MAY 2, 2011

Make sure the metrics reinforce the goals. The reason for focusing on this number is that the CAI and Mortenson both place great weight on this metric — total number of schools, and number of schools built in each region. education), it makes sense to help show progress by focusing on concrete metrics (e.g.

Metrics 12

Metrics Education Software Tools 12

Harvard Business Review

SEPTEMBER 13, 2012

An impatient marketing or finance manager would, on the sly, secure some extra budget money and hire a contractor to build a little database that tracked mailing addresses or top-line financials. Departments can automate a business process in the time it would take to enter IT's development pipeline. IT as Process Creator.

Supply Chain 15

Supply Chain CIO Budgeting Project 15

Harvard Business Review

MARCH 23, 2012

How can we share insights and innovations that allow our employees to be more productive? But by following a simple, six-step process, they were able to make a turnaround. Sprint also discovered that its existing metrics were rewarding the wrong behaviors. Second, how can we simplify our processes? Take Sprint.

Metrics 12

Metrics Parcell Call Center Productivity 12

Harvard Business Review

MAY 5, 2016

They see disrupted incumbents from retail, finance, health care, transportation, professional services, and manufacturing requiring radical restructuring of assets, productivity , and innovation. In other words, design and implement UX from a customers-in sensibility for people and process — rather than a capabilities-out one.

Levitt 8

Levitt Disaggregation Kaizen Call Center 8

Harvard Business Review

JANUARY 26, 2012

An organization's capabilities become its disabilities when disruption is afoot." – Clayton Christensen, The Innovator's Solution. Over the years, venture capitalists have been some of the most ardent students of disruptive innovation. They are acutely attuned to disruptive innovation, and their size makes them nimble.

Disruptive Innovation 14

Disruptive Innovation Hedge Venture Capitalist Venture Funding 14

Harvard Business Review

DECEMBER 13, 2012

Its goal was to promote greater sharing of ideas, information, best practice and innovative processes. 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.

Incentives 8

Incentives Tools Benchmarking Innovation 8

Harvard Business Review

JUNE 8, 2017

It is little surprise that direct employer-purchasing of bundled care is a burgeoning area of healthcare payment innovation. Three key questions employers and providers commonly ask about arrangements like these are: “What is the process to be selected as a site?” ” What is the process to be selected as a site?

Health Care 8

Health Care Participative System Cost 8

Harvard Business Review

OCTOBER 26, 2015

It requires a new set of tools: a more open and flexible mind-set, significant process changes, as well as new technology and infrastructure. As innovation consultant Pete Maulik told me, “It’s time to switch from here they come to this is how we’re going to win.” That’s an enormous mistake.

Company 8

Company Hotels Travel Class 8

Harvard Business Review

JULY 14, 2014

Traditional hiring processes that revolve around CVs are no longer sufficient – they don’t pinpoint the right qualities demanded of leaders today, and their dated criteria obscures many talented individuals from even hitting the radar. And more companies can use smart data to improve the recruiting process. What can be done about this?

Diversity 8

Diversity Reputation Talent Management Human Resources 8

Harvard Business Review

APRIL 1, 2016

Digital usage in the form of transactions, customer and supplier interactions, and internal business processes, grew almost fivefold — and over the entire period, the leading sectors maintained an enormous lead in usage over everyone else. But the biggest differentiator of all comes from having a digitally empowered workforce.

Industry 8

Industry Benchmarking Supply Chain Health Care 8

Harvard Business Review

APRIL 9, 2018

Because a CEO often effectively controls the director selection process, he will tend to choose directors who are unlikely to oppose him, and who are unlikely to provide the diverse perspectives necessary to maximize firm value. Advances in machine learning have led to innovations ranging from facial recognition software to self-driving cars.

Company 8

Company Kahneman Learning-by-Doing CEO 8

Harvard Business Review

JULY 30, 2014

In HR (or finance or IT), 20% of the professionals are exceptional, adding value that helps organizations move forward, 20% of HR folks are locked into a fixed mindset and lack either competence or commitment to deliver real value, and 60% are in the middle. This is both unfair and simplistic. It ignores what I call the 20-60-20 rule.

Charan 8

Charan Human Resources Leadership Pipeline Decentralization 8

Harvard Business Review

OCTOBER 3, 2016

This is comparable to what we see in innovation and patent filings, where immigrants also account for about a quarter of U.S. We have merged in data on the firms backed by VC financing. We are still in the process of uncovering why. Immigrants constitute 15% of the general U.S. economic and business landscape.

Entrepreneur 9

Entrepreneur Long-term Globalization Policies 9

HR Digest

JANUARY 19, 2023

Robinson recently received its World Finance Sustainability Awards 2022. The evidence is clear that more diverse and inclusive organizations are more creative, innovative, and higher performing. We approach new and existing processes at C.H. A critical component of the DEI strategy is our commitment to measurement and metrics.

Supply Chain 109

Supply Chain Human Resources Diversity Transportation 109

Harvard Business Review

OCTOBER 17, 2013

They’d return to their offices inspired to improve processes and remove barriers for the people doing the frontline work. They were committed to listening to the concerns that staff shared, seeing the complicated workarounds that broken processes necessitated, and leading change in order to make quality the priority.

Crisis 8

Crisis Health Care Quality Welch 8

Harvard Business Review

FEBRUARY 23, 2016

Particularly in business schools, various Finance and Accounting professors have argued for including more long-term incentives, and for replacing variable pay packages that largely consist of stock options with a mix of bonds and stocks. On routine tasks where learning is not necessary, highlighting performance goals works great.

Execution 8

Execution Incentives Short-term Long-term 8

Harvard Business Review

OCTOBER 6, 2011

The perception has been eroding our industry's image and has caused many in our industry to assume that R&D, innovation, and social contribution are unaffordable luxuries in a fiercely cost-based competitive game. We pride ourselves on finding ways (through R&D) to use less energy and water in the production process.

Industry 10

Industry Strategy Supply Chain Long-term 10

Harvard Business Review

MAY 8, 2017

Whereas most business lists analyze companies by traditional metrics such as revenue or by subjective assessments such as “innovativeness,” our ranking evaluates the ability of leaders to strategically reposition the firm. We then narrowed the list to 18 finalists using three sets of metrics: New growth.

Franchising 12

Franchising CEO Business Model Strategy 12

Harvard Business Review

MAY 23, 2012

Each requires customized risk management processes. Processes that foster open and challenging debates can, however, overcome these biases, which is why highly interactive risk management processes need to remain central for any company's risk management function. But can effective risk management be sustained? But was it?

Risk Management 9

Risk Management CIO Management Banking 9

Harvard Business Review

JUNE 17, 2015

In this article we look at three very different organizations – IBM, Rich Products, and Intuit – and the three different paths they have taken in reconfiguring their operations for more customer intimacy, by changing methods, reengineering processes, and transforming culture. IBM: Applying a Hybrid Design-Thinking Approach.

Productivity 8

Productivity Products Customer Intimacy Software 8