N2Growth Blog

NOVEMBER 29, 2010

Posted on November 29th, 2010 by admin in Miscellaneous , Operations & Strategy , Talent Management By Mike Myatt , Chief Strategy Officer, N2growth Bonus or no bonus? They must be relevant, meaningful, in alignment with cultural values, and tied to the right set of metrics. That is the question.

Blog 382

Blog Metrics Brand CEO 382

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

Harvard Business Review

MARCH 31, 2017

If you’re not a numbers person, finance is daunting. “You are not going to be involved in running projects unless you understand the financials,” he says. Stop avoiding finance because you’re afraid of numbers. Think of it this way, “Finance is the way businesses keep score. .”

Finance 8

Finance Skills EBITDA Net Present Value 8

N2Growth Blog

OCTOBER 18, 2010

Decisioning at the information level affords a higher degree of risk management, but are still not as safe as those decisions based upon actionable knowledge. What if the costs exceed projections, and the benefits fall short of projections? What would happen if no decision is made?

Blog 416

Blog Analysis CEO Brand 416

HR Digest

OCTOBER 17, 2020

Management gurus are seeking to provide clarity, stability, direction to their employees and customers. These key areas include: Manage operations with minimal loss and disruption to daily business flow. Establishing an incident management plan to ensure a safe working environment for their customers and employees.

Short-term 59

Short-term Committee Incentives Long-term 59

HR Digest

OCTOBER 17, 2020

Management gurus are seeking to provide clarity, stability, direction to their employees and customers. These key areas include: Manage operations with minimal loss and disruption to daily business flow. Establishing an incident management plan to ensure a safe working environment for their customers and employees.

Short-term 52

Short-term Committee Incentives Long-term 52

Tanveer Naseer

JANUARY 17, 2012

It’s the reason why some companies have managed to thrive and expand their market base despite the uncertainties present in today’s global economy, because they’re not simply reacting to what’s going on around them. Have you defined for your team what success means for your organization?

Goal 189

Goal Short-term Long-term Marketing 189

N2Growth Blog

AUGUST 12, 2010

And as odd as it may sound, one of the greatest impediments to building productive teams is practicing management by consensus. To be blunt, the concept of equality in the workplace has only made team building more difficult as employees seem to have a sense of undeserved entitlement with regard to their roles and responsibilities.

Consensus 388

Consensus Team Building Blog Team 388

Harvard Business Review

DECEMBER 9, 2013

I recently conducted an extensive research project involving more than one-hundred vice presidents of sales at top technology companies (software, cloud, computer hardware, and telecommunications) to better understand the art and science of managing a sales organization today. Percent of Organization Achieving Quota.

Metrics 14

Metrics Telecommunications Telemarketing Software 14

Strategy Driven

APRIL 3, 2014

The best Healthcare Executive Resumes outline human capital management, profitability successes, market share increases in addition to their impressive academic and association credentials that will generate the most calls for interviews. Provide examples on how you attract top talent and manage teams to achieve results.

Tactics 52

Tactics Execution Pharmaceuticals Human Capital 52

Harvard Business Review

AUGUST 23, 2018

Truth is, you can have the right portfolio of investments, the right metrics and governance, the right stage-gate development process, and the right talent on the right teams — but if you don’t design the right handoffs between your teams, all of that planning falls apart. Here’s an example. How do you prevent a drop-off?

Project 8

Project Innovation Team Stage-Gate 8

Harvard Business Review

AUGUST 31, 2018

They are projected to make up the majority of all women by 2060, which means they’ll also likely become the majority of the U.S. How did (or didn’t) managers play a role? They were employed in midlevel to upper-midlevel management positions in strategy, finance, marketing, legal, operations, and technology functions.

Management 15

Management Tacit Knowledge Diversity Leadership Pipeline 15

Harvard Business Review

JUNE 8, 2018

Business students have traditionally considered net present value, payback period, and hurdle rates as necessary tools to determine which project to select. Digital companies, in contrast, chase risky projects that have lottery-like payoffs. Digital companies, in contrast, chase risky projects that have lottery-like payoffs.

Report 8

Report GAAP Net Present Value CFO 8

Harvard Business Review

FEBRUARY 16, 2018

And 71% of senior managers view them as unproductive. 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.

P&L 15

P&L How To Finance Metrics 15

Harvard Business Review

OCTOBER 17, 2018

Nearly all physicians take on significant leadership responsibilities over the course of their career, but unlike any other occupation where management skills are important, physicians are neither taught how to lead nor are they typically rewarded for good leadership. Medicine involves leadership. Insight Center. The Future of Health Care.

Training 15

Training Leadership Health Care Education 15

Harvard Business Review

APRIL 9, 2015

But while performance goals are always top of mind for managers , many overlook the role of employee work-life balance in driving that performance. 88% said the more actively managed their work and life. This supports research that shows managing the fit between work and off-the-job activities improves performance.

Project 8

Project Participative Goal ROI 8

Harvard Business Review

OCTOBER 10, 2017

Precision made it easy for managers to oversee their employees. Every spot on every line was visible to managers. Every step of the process was measured, and real-time metrics were easily accessible. Three finance professors once asked more than 400 executives what they would do if their quarterly earnings targets were at risk.

Organization 15

Organization Tactics Call Center Metrics 15

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. Slowly but surely, as the little database grew bigger and bigger, the manager would wedge the cost into her operating budget.

Supply Chain 16

Supply Chain CIO Budgeting Project 16

Harvard Business Review

MAY 23, 2012

The recent disclosure of a multi-billion dollar trading loss at JPMorgan Chase reminds us again of the challenge and complexity of risk management, the subject of our June 2012 HBR article, "Managing Risks: A New Framework." Each requires customized risk management processes. The compliance-oriented risk manager of a failed U.K.

Risk Management 9

Risk Management CIO Management Banking 9

Harvard Business Review

MAY 29, 2012

The idea that corporations need a single purpose is based not in law, but in economists' arguments that unless we have a single, objective, easily-observed metric to judge how well directors and executives are running firms, corporate "agents" will run amok. In effect it leaves the manager with no objective.".

Short-term 15

Short-term Long-term Objective Customer Loyalty 15

Harvard Business Review

AUGUST 3, 2018

The level and trend of a company’s top-line metric is an advance indicator of the success of its business model. Many of these metrics are disclosed in Facebook’s financial statements. However, how those metrics translate into revenues remains a mystery to external investors.

Report 8

Report GAAP Company Proposal 8

HR Digest

AUGUST 1, 2019

Without an understanding of basic financial concepts, executives are not well-equipped to make decisions related to financial management. managers are uninformed about the basics of financial literacy to face the challenges of the future. Why is financial literacy at all levels of management a basic need?

Finance 63

Finance Metrics EBITDA Handbook 63

Harvard Business Review

OCTOBER 25, 2018

HR leaders can start by upskilling their teams in areas that impact two critical business outcomes: building bench strength and tying HR metrics to financial success. Leadership planning models enable HR to create data-driven projections for the quantity of leaders needed, the skills they will require, and where they will be located.

Skills 15

Skills Survey Technology Strategic Planning 15

Harvard Business Review

JUNE 14, 2016

Last week, at an internal Cisco meeting, the company’s VP of Supply Chain, John Kern, proudly reported that the project had identified ways to cut energy use by approximately 30%, which will likely save $1 million per year. Disclosure: I was at the meeting as a paid speaker on sustainability strategy.). Insight Center.

Energy 8

Energy Company Supply Chain Operations 8

Harvard Business Review

NOVEMBER 25, 2013

Moreover, the previous year’s survey showed that 63 percent of projects do not use analytics to inform marketing decisions. This lack of an analytical approach has traditionally formed a barrier between marketing and finance. Focus on the metrics that matter. Help CFOs focus on the long term.

CFO 9

CFO Short-term Long-term Benchmarking 9

Harvard Business Review

MARCH 31, 2015

To begin, our research enterprise the Seed Accelerator Rankings Project releases an annual ranking of accelerator programs. Certainly, there are some programs out there that call themselves accelerators who do not meet these criteria, and therefore did not qualify for this rankings project. billion, though only 3.5%

Finance 8

Finance Entrepreneur Survey Participative 8

Harvard Business Review

AUGUST 12, 2014

 And indeed, the hyper-competent office manager, Joan Holloway, joins the men in the next scene, finds the files, and later recreates Sterling Coopers smooth-running routines in a new agency. A paper reporting on that research , co-authored by Johann Peter Murmann, is forthcoming in Strategic Management Journal. Not at all!

Cooper 14

Cooper Rogers Advertising Creativity 14

Harvard Business Review

JULY 29, 2014

In the July/August issue of HBR , Ram Charan argues that the Chief Human Resources Officer (CHRO) role should be eliminated, with HR responsibilities funneled in two separate directions — administration , led by traditional HR-types, reporting to the CFO; and talent strategy , led by high-potential line managers, reporting to the corner office.

CFO 14

CFO Charan Intangible Assets Human Resources 14

Harvard Business Review

OCTOBER 16, 2013

Even in these times of feverish attention to performance metrics, it’s not always clear what the boss wants or expects. I am fortunate enough to work with these people all the time across a span of industries and professions: finance, health care, education, energy, technology. You should be. It might just make their day.

Health Care 15

Health Care Short-term Report Fashion 15

Harvard Business Review

OCTOBER 3, 2018

She also began paying more attention to projects that would drive future growth. The firm had outdated segmentation frameworks and loyalty programs, weak customer contact management, and suboptimized client identity management, so she championed and launched a customer relationship management initiative to revamp them.

CFO 8

CFO CEO Agility Marketing 8

Harvard Business Review

SEPTEMBER 29, 2014

Senior leaders from all of the universities and hospitals came together, in an unprecedented collaboration, to create universal employee metrics that tracked employment goals and outcomes across the institutions so that they could better understand the hiring landscape, and design interventions to better equip residents for jobs.

Metrics 12

Metrics Banking Learning-by-Doing Education 12

Harvard Business Review

NOVEMBER 20, 2015

I repeatedly hear from young entrepreneurs that, as fund managers come in, they introduce too many controls for cash flows, income projections, budgeting, risk analysis, financial modeling – the list is endless. Start-ups can’t be assessed using conventional business metrics. Yes, they require diligent oversight.

Entrepreneur 8

Entrepreneur Core Competence COO Metrics 8

HR Digest

MAY 6, 2024

An HRIS (Human Resources Information System) is a software solution that helps organizations manage and automate core HR processes like payroll, time tracking, and employee benefits administration. Payroll and Time Management Various types of HRIS systems automate payroll calculations and processing to reduce errors and time spent.

Human Resources 52

Human Resources System Information Resources 52

Harvard Business Review

MARCH 5, 2013

But where we've lost the plot is that we only demand — and manage — a return on financial capital. We will also convene a forum for CEOs and accountants to discuss and develop large-scale solutions for finance and reporting and are exploring the possibility of developing a world-class training program for CFOs on sustainability.

Social Capital 15

Social Capital Report Finance Transportation 15

Harvard Business Review

MAY 1, 2018

He enjoys the autonomy to pursue moon shot projects, constantly strives for mastery in what he does, and has a strong sense of purpose. Musk knows that one of Tesla’s biggest competitive advantages is the patience and long-term thinking not only of management but also of its investors. Tesla’s future is uncertain.

Planning 8

Planning Marketing Automotive Long-term 8

Harvard Business Review

DECEMBER 15, 2015

This is ineffective deal management, and it eventually leads to loss of positioning with customers, and, over time, the nurturing of “commodity competencies.” At that point, Alphatech’s management reassessed its strategy and sales approach. Management first evaluated who were, and who were not, good customers.

Strategy 8

Strategy Team Discount ROIC 8

Harvard Business Review

JULY 14, 2014

A recent study in the UK, for instance, shows that 3 out of 4 judges, 2 out of 3 doctors, 3 out of 4 finance directors, and 1 out of 2 chief executives come from fairly well-off families. The algorithm allows the company to “project” how the new hires will fit into the environment. Hiring Talent management'

Diversity 13

Diversity Reputation Talent Management Human Resources 13