HR Digest

JANUARY 11, 2024

L-R): Anthony Horton, Chris McCarthy, Stephanie Neal In a recent interview, OpenAI CEO Sam Altman revealed a startling confession: the architect of ChatGPT, a revolutionary language model capable of holding nuanced conversations and generating creative text formats, often struggles to sleep.

CEO 52

CEO Altman McCarthy Supply Chain 52

Chartered Management Institute

APRIL 7, 2011

Our Division always achieves the best purchasing performance in the global organization. This year our Budget requirements (P&L) are in line with previous years. Afterall, the company needs the cash savings that we generate. We are coming out of the recession and raw material markets are a particulary "tough challenge".

Budgeting 58

Budgeting P&L Motivation Maturity 58

Women on Business

DECEMBER 28, 2010

o Make sure your position has P&L responsibility. Your mentor might be able to help identify and facilitate this. Create visibility and credibility for yourself in the organization. o Take on high profile projects. Identify your value proposition. What do you bring to the table? o Build and leverage these relationships.

Press Release 239

Press Release PR Mentor Discount 239

The Practical Leader

FEBRUARY 13, 2012

The L-word makes hard-nosed managers squirm. They’ll often use another L-word — leadership — in complete ignorance of how their loveless “bottom line” orientation is rooted in pessimism and fear. Fear of criticism, fear of failure, fear of getting caught, or fear of speaking up. ” Ya gotta love it!

Airlines 53

Airlines P&L Collins Leadership 53

Harvard Business Review

JANUARY 18, 2012

The real story behind IBM's success is the course Palmisano set for 21st century global enterprises. Palmisano reorganized IBM into a "globally integrated enterprise" focused on worldwide collaboration. His ingenious first step toward creating a collaborative culture was a massive, global collaboration. Directness.

Globalization 15

Globalization Golden Parachute Short-term Long-term 15

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. Here are five: Commit from the Top.

P&L 13

P&L Agility Fashion Media 13

Harvard Business Review

FEBRUARY 13, 2012

The job of the senior executive is much more complicated today than it was a decade or two ago — and that trend will continue, especially if you hope to play on a global stage (which is a nearly universal condition these days for many companies). Companies are increasingly global. Here are five reasons.

Execution 15

Execution P&L CFO Globalization 15

Harvard Business Review

SEPTEMBER 23, 2014

They approached Adrian Thomas, head of Global Market Access and Global Public Health, about providing employees with in-country experiences working alongside colleagues from other silos within Janssen. Both of these problems seemed like great opportunities for their initiative. But that would require an ambitious new project.

Innovation 11

Innovation P&L Short-term Company 11

Harvard Business Review

FEBRUARY 9, 2011

They do this by building consumer P&Ls through cross-functional teams across marketing, sales, supply chain and finance, much like some companies have built account and product P&Ls. The best companies are able to distinguish between these consumers by precisely valuing their operating profit potential, not just gross margin or volume.

P&L 14

P&L Supply Chain Retail Price 14

Harvard Business Review

JULY 17, 2014

As an ingredient brand, Intel often struggled to link marketing to P&L impact. This now provides its marketing teams globally with predictive decision-making capabilities they never had before. Consider Intel, which began eyeing Big Data’s potential to quantify marketing’s contribution to revenue in about 2010.

Finance 13

Finance Marketing P&L ROI 13

Harvard Business Review

MAY 24, 2013

She holds the Ernest L. In her latest book, SuperCorp: How Vanguard Companies Create Innovation, Profits, Growth, and Social Good , she analyzed how P&G (among other companies) achieved long-term performance. Why is P&G making this move, now? P&G is in the midst of a major restructuring, and has laid off thousands of people.

P&L 8

P&L Restructuring Price CEO 8

Harvard Business Review

MARCH 12, 2012

Increasingly, Western companies are developing products in countries like China and India, and then distributing them globally. To compete, global corporations must be just as nimble innovating abroad as they are at home. Therefore, they focused on winning market share by adapting global offerings to meet local needs.

Glocalization 11

Glocalization Mass Marketing P&L Globalization 11

Harvard Business Review

FEBRUARY 16, 2018

In one global consumer products company that I work with, my firm’s organizational assessment revealed an unusually intense degree of aggravation over how much time was consumed by meetings, leaving “only evenings to do our day jobs,” according to one interviewee. And 71% of senior managers view them as unproductive.

P&L 13

P&L How To Finance Metrics 13

Harvard Business Review

SEPTEMBER 13, 2012

After all, sales experience feeds the types of line jobs — where individuals have P&L accountability — that are a pipeline to the C-suite. As IBM's global sales leader before landing the Chief Executive role, Rometty lived and breathed sales. Selling needs to be a part of every woman's career tool kit.

P&L 16

P&L McKinsey Consensus Committee 16

Harvard Business Review

MAY 21, 2013

But Kickstarter''s inspiration and effectiveness at facilitating "just-in-time creative communities" — or what has also been described as " impulse patronage " — poses a provocative challenge to the C-suites of global organizations worldwide: Where are their Kickstarters? Perhaps it should be.

Innovation 8

Innovation P&L Company Creativity 8

Harvard Business Review

FEBRUARY 18, 2011

In today's economy, where the fast growth of emerging markets outpaces America and the developed world, if you haven't gone global yet, it's time to get moving. But going global is easier said than done — especially for smaller companies. The agenda was always the same, and it was a marathon day.

P&L 15

P&L Globalization CFO Operations 15

Harvard Business Review

OCTOBER 20, 2014

Organizations are salivating at the prospect of more and more data being fed into an IoT infrastructure and transforming industries globally. P&G didn’t go into its early connected device initiatives with a “let’s try this out and see what it gets us” mindset. However, there’s skepticism that the results will live up to the hype.

Discounted Cash Flow 8

Discounted Cash Flow P&L NPV EBITDA 8

Harvard Business Review

DECEMBER 19, 2016

CEOs should actively manage five specific tensions in today’s complex global business environment: Disruptive innovation versus leveraging the company’s core strengths. Exploiting global opportunities versus managing risk. However, the pace of global business now often precludes doing traditionally rigorous diligence.

CEO 8

CEO Supply Chain Disruptive Innovation P&L 8

First Friday Book Synopsis

DECEMBER 2, 2012

Austin, Richard L. I hope that at least a few of these recent posts will be of interest to you: BOOK REVIEWS The Complete Executive Karen Wright Harder Than I Thought Robert D. Nolan, and Shannon O’Donnell HR Strategic Project Management SPOMP Leon M. Hielkema INTERVIEWS Matthew E. May: Second Interview, Part 1, by Bob [.].

Blog 89

Blog Project Review Execution 89

Harvard Business Review

JUNE 5, 2015

” I love this quote from L. He simply pursues his vision of excellence through whatever he is doing, and leaves others to determine whether he is working or playing. To himself, he always appears to be doing both.” It describes some of the most inspiring, happy, and successful professionals I know.

P&L 8

P&L Sharpe Hotels Learning-by-Doing 8

Harvard Business Review

JULY 2, 2012

studied the Global 1200 and found that if they raised prices by just 1% — and demand remains constant — profits would go up on average by 11%, for instance. First, if your company is not setting the right prices, there are hidden profits waiting to be tapped. Second, small changes in price can lead to big profits. McKinsey & Co.

Price 14

Price Strategy P&L Incentives 14

Harvard Business Review

AUGUST 7, 2012

Incorporated in 1998 in Cambridge, Massachusetts, the company's network of over 100,000 globally distributed servers provides an infrastructure layer that accelerates the distribution and delivery of content, media and applications. Akamai: The Present. Many people know Akamai as the purveyor of the Internet's backbone. How did Akamai do it?

P&L 13

P&L Lewin EBITDA Ries 13

Harvard Business Review

MAY 8, 2012

Starting July 1st — the beginning of the company's fiscal year 2013 — the software giant will charge all of its 100-plus global offices and datacenters a fee for every ton of carbon they produce (mostly from plugging into the electric grid, so-called "indirect" emissions). But executives weren't charged real money.

Price 13

Price P&L White Paper Energy 13

Harvard Business Review

JULY 3, 2012

Cespedes and Benson P. My kind of expense approach can help the sales force develop their awareness and skills at P&L management, and that in turn might allow us in the future to peg incentives not only to volume but to profitability of sales. True, she has global customers with plants all around the world, but still.

P&L 12

P&L Management Chemicals Case Study 12

Harvard Business Review

MARCH 18, 2011

Saying you want P&L responsibility in five years when you have no such ambitions may land you the job, but ultimately will you be happy? Brian was a highly ambitious senior executive; as the SVP of Commercial Payment Solutions, he held full P&L responsibility. This can be especially dangerous in a job interview.

P&L 18

P&L Committee Career Case Study 18

Harvard Business Review

JANUARY 17, 2012

And I predict that leaders who get the whole story, and act on it, will reap unexpectedly better workplace morale in 2012, despite all the uncertainty and volatility of the global economic realities. Certainly, times are terribly stressful, and I don't mean to downplay the reality that too many employees face. What does happiness mean?

P&L 13

P&L Construction Survey Stress 13

Harvard Business Review

SEPTEMBER 6, 2013

In others, they lack the critical experiences or skills required to take the next step, such as an international assignment, high-risk project, or major P&L responsibility. But more than men, this was manifested as a lifelong focus on continuous learning, which helped them prepare for the roles they took as they moved upward.

Career 8

Career P&L Learning-by-Doing CEO 8

Harvard Business Review

NOVEMBER 22, 2017

Who has P&L authority? A decade after the global financial crisis, many banks remain averse to risk, and their legacy talent pools, processes, and IT systems are ill-suited to major change. Aligning the big picture with the day-to-day. It includes accountabilities. Yet change they must.

Strategy 8

Strategy Company Banking Apparel 8

Harvard Business Review

MARCH 1, 2016

For example, the French global energy player ENGIE recently tilted its primary dimension from product (such as power, services, and infrastructure) toward region in order to better serve its clients in the territories in which it operates. When a company reorganizes, it’s often because the strategy has also changed.

Organization 8

Organization P&L Report Finance 8

Harvard Business Review

MARCH 15, 2017

“But every business leader has to speak the language of business: P&L.” ” “On the FactSet board, I’ve been encouraged to meet with the management team and to give advice to the CEO and the CIO,” says Jordan. The CIO is a system integrator, so he or she envisions all the critical connections.”

CIO 9

CIO Committee Technology P&L 9

Women on Business

JANUARY 31, 2013

Getting more women on boards begins with getting more women in mission-critical P&L roles. ” Grace Lieblein, Vice President, Global Purchasing and Supply Chain, General Motors. And sponsorship is critical to opening doors to these jobs.”

P&L 256

P&L Chief Executive Officer Supply Chain Mentor 256

Harvard Business Review

JULY 25, 2017

In fact, global spending on media is expected to reach $2.1 The key is to remember that while marketing expenditures hit the P&L immediately, every dollar you spend today is building your brand as an asset for the future, Avery explains. Juan Díaz-Faes for HBR. Companies spend a lot on marketing communications.

ROI 8

ROI Marketing Marketing Mix Short-term 8

Harvard Business Review

JULY 30, 2014

Townes, and Henry L. His book Concept of the Corporation , published in 1946, was a direct response to Alfred P. This post is part of a series of perspectives by leading thinkers participating in the Sixth Annual Global Drucker Forum, November 13-14 in Vienna. For more information, see the conference homepage.

Six Sigma 9

Six Sigma Drucker P&L Short-term 9

In the CEO Afterlife

AUGUST 15, 2011

Notwithstanding the company’s recent ’airbrushing’ misstep in the UK, L’Oreal has negotiated through the test-of-time’s mine fields, successfully setting the brand marketing standard for the entire cosmetics industry. L’Oreal’s global brand competitors are members of the same congregation. Share it: Tweet.

Class 122

Class Marketing CEO Advertising 122

Chart Your Course

JUNE 30, 2016

He demonstrates that the ability to build trust is THE key leadership competency of the new global economy. It is a must-have for every HR and L&D pros’ library and toolkit. ” 3. In the book, he focuses on the importance of “systems thinking” to help transform a business into a “learning organisation.”

Human Resources 100

Human Resources Talent Management Resources Ulrich 100

Harvard Business Review

JANUARY 29, 2015

After Jeff Immelt threw down the gauntlet for building a global software center, GE faced significant physical, organizational, and cultural challenges. ” Jennifer Waldo , Head of Global Human Resources, GE Software Center, was at the epicenter of GE’s recruiting challenge. Getting Started. Who would lead it?

Software 8

Software Six Sigma Insourcing P&L 8

Harvard Business Review

MAY 1, 2013

Every manager has a P&L that he or she is responsible for," he says, "and while we don''t make sharing rooms a hard and fast rule, it''s our sense that when people have their own budgets and ownership for their profits, they''ll continue to operate that way.".

Hotels 9

Hotels Conference Policies Travel 9