Thin Difference

AUGUST 8, 2019

Creating a coaching culture – where managers intentionally grow and develop employees – isn’t necessarily about providing a warm and fuzzy place to work. It takes time and energy, two things often in short supply in small businesses. This is a great option for new employees or a team or department with shared goals.

Short-term 64

Short-term Long-term Telecommunications Webinar 64

Strategy Driven

JUNE 14, 2018

Check bulletin boards, encourage them to look at reputable online resources for hiring positions, and take them to fill out applications at local grocery stores, fast food restaurants, or retail shops. Help Older Teens with Resume, Job Prospects, and Goals. Then, help them pinpoint both short-term and long-term job goals.

Niche Marketing 50

Niche Marketing Short-term How To Long-term 50

Joseph Lalonde

JUNE 1, 2018

If retail operations can more reliably keep their discretionary relationships with people who have to pay for that relationship than we can with our employees, who earn their livelihood with us, we need to take a serious look at how we’re creating the environment for those relationships. That will kill your company over the long term.

CEO 161

CEO Short-term Learning-by-Doing Blanchard 161

HR Digest

FEBRUARY 1, 2022

Instead, we’re talking about the typical uniform worn by the majority of employees in various industries, including law firms, banks, advertising agencies, retail stores, hospitals, schools, real estate companies, restaurants, construction sites, and more. The post What Does the Term “Business Casual Attire” Mean?

Apparel 52

Apparel Real Estate Short-term Banking 52

Strategy Driven

NOVEMBER 2, 2015

In fact, if you take a close look at the data, it’s amazing how bad many of us in business are at utilizing our time and staying focused on our goals. The consequence is we tend to focus on short term outcomes and lose sight of larger goals and objectives. As it turns out, we’re actually addicted to the action itself.

Productivity 50

Productivity Products Strategy Covey 50

Harvard Business Review

DECEMBER 19, 2017

According to the Guardian , approximately 45% of all fruits and vegetables, 35% of fish and seafood, 30% of cereals, and 20% of meat and dairy products are wasted by suppliers, retailers, and consumers every year. Advancements in automation and software capabilities have made inventory management scalable across more SKUs and product types.

Retail 8

Retail Supply Chain Crisis Short-term 8

Strategy Driven

JUNE 11, 2015

First, writing a book is ideally a collaborative process, so the author should be open and coachable in terms of feedback and changes to make the final product as marketable as it can be. Some ideas originally intended for book form are really more appropriate for magazine articles, short ebooks, or even blog posts.

Content 50

Content Marketing Open-book Brand 50

Harvard Business Review

JUNE 15, 2018

To make the best decisions, managers need access to real-time data about their supply chain, but the limitations of legacy technologies can thwart the goal of end-to-end transparency. New digital technologies that have the potential to take over supply chain management entirely are disrupting traditional ways of working.

Supply Chain 8

Supply Chain Management Retail Technology 8

Harvard Business Review

MAY 6, 2016

To hear long-term investors tell it, company executives have embraced short-term thinking like never before. Two obvious pieces of evidence: The use of earnings for share buybacks that cost more than they’re worth, and dividend increases that divert cash from long-term investment.

Long-term 8

Long-term Incentives Short-term Management 8

Strategy Driven

OCTOBER 26, 2011

To help prevent this, develop a short-term plan with a six- to nine-month outlook. Also, create a longer-term plan with a seventeen- to eighteen-month strategy. It will encompass the goals and benchmarks you need to achieve during this time period. billion sale in his 16 years as CEO Beating the competition is never easy.

Bottom-up 50

Bottom-up Sharpe Follow-up Retail 50

Harvard Business Review

OCTOBER 29, 2012

In our research into more than 8,000 companies in 20 countries, 79% of organizations reported that their management practices were above average. companies, and fewer than 5% elsewhere, scored above a 4 on a five-point management-practices scale we created. That should have been very good news.

Management 8

Management Benchmarking Short-term Incentives 8

Harvard Business Review

JULY 11, 2017

Most cities fall well short of that ideal. In order to achieve these goals, new, non-traditional metrics were needed to track the project’s community impacts while making sure that investors and capital partners were still accomplishing their financial objectives. In turn, the comfort and amenities keep them coming back.

Real Estate 13

Real Estate Development Long-term Short-term 13

Harvard Business Review

OCTOBER 19, 2011

Managing a perfectionist can be challenging but it's not impossible. Stomberg Professor of Management Practice at Harvard Business School and the author of Flying Without a Net. Accept that they may not be good managers as they are likely to demand too much of their people (see "hypercritical" and "bad at delegating" above).

Kaplan 14

Kaplan Management How To Self-aware 14

Harvard Business Review

MAY 24, 2012

Every large financial services company has instituted risk management, but that hasn't prevented risky behavior in the form of office politics and personality conflict — as the JP Morgan trading debacle has demonstrated. Risk management isn't exclusive to banking. But all too often, those safeguards are ignored.

Merchandising 10

Merchandising Risk Management Supply Chain Retail 10

Harvard Business Review

AUGUST 31, 2016

Facing intense competition from online retailers who can gather extensive data about user behavior, traditional retailers have also started tracking customers’ in-store activities. But in addition to the concerns retail tracking raises for consumers , these technologies have serious implications for workers.

Retail 8

Retail Software Long-term Technology 8

Harvard Business Review

OCTOBER 6, 2014

Troubles at Tesco, the UK’s leading retailer, are mounting. The “ accelerated recognition of commercial income and delayed accrual of costs” undoubtedly flatters short-term results, but it soon catches up with you, as four suspended senior executives have found out. Ethics Global business Retail' How did this happen?

Retail 11

Retail Merchandising Discount Price 11

Harvard Business Review

SEPTEMBER 13, 2017

But we recognize that, in many businesses, resources are often allocated according to short-term, bottom-line pressures. For slaughterhouses and retailers (Brazilian operations), we also projected positive benefits: $20 million to $120 million (0.01% to 0.1% of revenues) and $13 million to $62 million (0.01% to 0.7%

Supply Chain 8

Supply Chain Net Present Value Retail Cost of Capital 8

Harvard Business Review

APRIL 28, 2015

That’s because even after they determine the right ways to use information to delight their customers, managers must address one equally important challenge. They must update decades-old management systems so they can embrace new digital opportunities. Where we land is firmly in the face of a management paradox.

Business Model 8

Business Model System Management Supply Chain 8

Leading Blog

SEPTEMBER 11, 2018

Unlike Amazon, Alibaba is not even a retailer in the traditional sense—we don’t source or keep stock, and logistics services are carried out by third-party service providers. Smart businesses like LIN and many others rely heavily on machine-learning technology to achieve scale and manage complexity. Think enabling not managing.

Business Model 235

Business Model Technology Retail Short-term 235

Harvard Business Review

MAY 1, 2018

We wrote about our adventure nearly a year ago in The Atlantic, but as we thought more about our interaction with Tejon Ranch’s managers, we realized there were valuable lessons that we wanted to share with the corporate leaders who are likely to confront the risk of an activist campaign. The team was polite and respectful.

CEO 8

CEO Real Estate Long-term Short-term 8

Harvard Business Review

FEBRUARY 7, 2012

I've followed the greening of the retail giant fairly closely for years, so I wasn't expecting a lot of new information from Bedore, Walmart's Senior Director of Business Strategy and Sustainability. When addressing the company's aspirational goal of using 100% renewable energy, Bedore said two noteworthy things.

ROI 13

ROI IRR Power Payback Period 13

Harvard Business Review

NOVEMBER 6, 2018

Our first goal was to understand how widely held the belief is that meaningful work is of monetary value. In terms of sheer quantity of work hours, organizations will see more work time put in by employees who find greater meaning in that work. The height of the price tag that workers place on meaning surprised us all.

Creativity 15

Creativity Report Conference Mentor 15

Harvard Business Review

JUNE 30, 2017

In short, companies have little idea whether they are spending too much or not enough. It has trained and placed 11,000 graduates into entry-level jobs in four sectors: health care, tech, retail/sales, and skilled trades. “Win-win” is an overused term in business, but in this case, the cliché fits neatly.

Training 11

Training ROI Attrition Metrics 11

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. First, large index asset managers, such as Blackrock, State Street, and Vanguard.

Supply Chain 8

Supply Chain Asset Management Chemicals Long-term 8

Harvard Business Review

SEPTEMBER 24, 2015

” So, in short, put away your devices while you’re on vacation, until you take them out again multiple times a day so that you can work, and apparently vacation activities will need to be scheduled around work check-ins! This may be an acceptable short-term situation, but it’s not sustainable long term.

Short-term 8

Short-term Creativity Long-term Industry 8

Harvard Business Review

DECEMBER 15, 2010

The second is that, without information on the impact of their work on company goals, frontline workers can't properly contribute to improving them. These conditions will fester unless senior management takes three deliberate actions: 1. That's big-time process management.

Process 14

Process Competitive Advantage Operations Short-term 14

Harvard Business Review

APRIL 29, 2015

From time to time, the basis of competition in an industry shifts so dramatically that shifting with it requires a new long-term vision that calls for the organization to do things it never would have done in the past. ” In action, this three-portfolio strategy management system is decidedly organic, not mechanical.

Strategy 8

Strategy Long-term Health Care Insurance 8

Harvard Business Review

FEBRUARY 3, 2016

By making such a bet, IBM will face much greater resistance than Gerstner faced, both internally (business units protecting turf) and externally (investors decrying the poor short-term results and future risks). To address medium-term opportunities, IBM formed partnerships with hospitals (e.g., Insight Center.

Venture Capitalist 8

Venture Capitalist Short-term ROI Long-term 8

Harvard Business Review

JULY 1, 2016

How do you develop an effective relationship with your manager when the person filling that role keeps shifting? Managing your relationship with your boss is challenging enough as it is. . “Talk about who you are, how you work, your strengths, and your goals,” Rebele adds. How much of an investment should you make?

Learning-by-Doing 11

Learning-by-Doing Career Case Study Energy 11

Leading Blog

APRIL 16, 2021

Looking back on my journey, I feel buoyed by this quote from investor Charlie Munger: “It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.” Early on in my business life, I was naïve about the motives of some people.

Learning-by-Doing 255

Learning-by-Doing Long-term Automotive Open-book 255

Harvard Business Review

JULY 25, 2016

Yet IBM’s C-Suite Study reports that nearly half of CMOs believe they are not prepared to manage the challenges of social media. This disparity highlights an important, and potentially costly, problem: Marketers continue to increase social media spending, yet many are still uncertain about management, strategies, and integration.

Media 8

Media Strategy Audience Brand 8

Harvard Business Review

JULY 2, 2012

When I ask managers this question, most respond with a chagrined: "Not very confident.". For example, a client recently quantified the millions of dollars it annually saves retailers by being better — through reducing product returns — and prospective customers responded with excitement. I argue that it's better pricing.

Price 14

Price Strategy P&L Incentives 14

Harvard Business Review

DECEMBER 23, 2015

degrees Celsius , or even 2 degrees (the stated long-term goals). Companies and global governing bodies set visionary global goals. Goals matter. To start, the UN, in a parallel with the climate negotiations, released in September the ambitious Sustainable Development Goals. Wall Street wakes up.

Supply Chain 8

Supply Chain Apparel Energy Price 8

Harvard Business Review

MARCH 29, 2018

The relentless rise of online retailers has led to deep soul searching among brick-and-mortar retailers to find ways to compete. The traditional methods of competing through convenience, assortment, and pricing are largely ineffective against online retailers who outperform brick-and-mortar retailers in these dimensions.

Retail 8

Retail Productivity Products Cost 8

Harvard Business Review

OCTOBER 5, 2016

In fact, when refugee camps are managed well, helping refugees can help both displaced people and local economies. When this happens, they usually receive significantly less than the local retail price. Lesson 2: Promote long-term integration.

Policies 10

Policies Long-term Short-term Cost 10

Harvard Business Review

APRIL 4, 2016

This worked, because both crises were short-lived (lasting approximately 1-1.5 Multinational leadership teams should instead clarify their long-term objectives in the market – for example, whether they want to focus on maintaining margins or growing market share – and align execution accordingly.

Depreciation 8

Depreciation B2B Price Crisis 8

Harvard Business Review

NOVEMBER 26, 2015

This approach to employment allows leaders to predict and control what will come out of the job, at least in the short term. We have found that most organizations’ entry, or “onboarding,” processes share a common goal: to inculcate the organizational culture and teach new employees the job requirements.

Power 8

Power Outsourcing Self-aware Airlines 8