The Horizons Tracker

JANUARY 11, 2021

Covid-19 has been many things, but the digital transformation it has encouraged has been significant, whether due to the newly remote workforces, the urgent need for online sales channels, or the need for cloud-based technologies to maintain business operations. Redesigning the business.

Supply Chain 69

Supply Chain Technology Hammer Report 69

Strategy Driven

MAY 17, 2019

You should consider ways to reduce operational expenses. Also, you can consider the shift from in-house to cloud operations to cut overheads. You may have to send lots of emails and hammer the phones. The first step in cutting costs should begin with a complete audit of the existing expenses.

Cost 58

Cost Strategy Hammer Fixed Costs 58

Mills Scofield

SEPTEMBER 11, 2012

I find myself hammering out emails at 11PM on Sunday with the TV on and my phone lighting up with messages. Last month, Kona was in San Francisco meeting Arnold Ambiel , Director of Operations for One World Futbol. Without the temptation of the internet and fewer gadgets, there seems to be more hours in the day. In the U.S.,

Hammer 140

Hammer Long-term How To Bond 140

Strategy Driven

MARCH 21, 2011

Hershman and Dr. Michael Hammer. The modern corporation that has evolved as a result consists of many specialized functional departments, such as sales, engineering, marketing, manufacturing, operations, and finance. Getting a 50,000-foot picture of our operations illustrates outdated, cumbersome, inefficient processes.

Hammer 50

Hammer Chief Executive Officer Metrics Process 50

Six Disciplines

DECEMBER 13, 2013

This importance was hammered home to me in a lunch meeting with “Sandy,” who recently moved to a much larger organization. In small businesses, however, there are fewer decision-makers, and they’re so close to customers, employees and daily operations that they can get a sense of whether a decision is right or wrong very quickly.

Customer Intimacy 133

Customer Intimacy Hammer Competitive Advantage Organization 133

Strategy Driven

JANUARY 7, 2020

Such incidents are common in the businesses that deal with mechanical tools that include, drill machines, hammers, wedges, saws, glass, and other sharp objects. Especially, small or medium business needs to operate efficiently by making 100 percent use of every inch of their working place.

Merchandising 66

Merchandising Document Industry Cost 66

RapidStart Leadership

JULY 6, 2017

To be re-active is to automatically react to the stimuli around you, the same way that gunpowder explodes, or your leg kicks out when the doctor taps your knee with his little hammer. Build in some operating space. There’s no thought involved. It just happens. All too often, human reactions to conflict can be counter-productive.

Covey 125

Covey Hammer Construction Chemicals 125

Six Disciplines

MAY 17, 2013

This importance was hammered home to me in a lunch meeting with “Sandy,” who recently moved to a much larger organization. In small businesses, however, there are fewer decision-makers, and they’re so close to customers, employees and daily operations that they can get a sense of whether a decision is right or wrong very quickly.

Customer Intimacy 116

Customer Intimacy Hammer Competitive Advantage Organization 116

Joseph Lalonde

SEPTEMBER 18, 2017

During his interrogation, CIA Deputy Director Irene Kennedy (Sanaa Lathan) had a team of CIA operatives crash the interrogation and kill the terrorists. Great leaders know what they’re looking for: Irene was looking for a new black operative. She leveled the truth hammer. Mitch Rapp: Got to Mansur. Annika saw his bruises.

Leadership 127

Leadership Hammer Team Process 127

You're Not the Boss of Me

SEPTEMBER 7, 2014

There is a proverb that says, “If the only tool you have is a hammer, everything looks like a nail” This speaks to the dangers of clinging to, and operating from, narrow perspectives. In organizations, we have this tendency to create silos of operation where people make decisions based only on their own needs.

Learning Organization 63

Learning Organization Organization Senge Learning-by-Doing 63

Sales Wolf Blog

AUGUST 9, 2010

.  In the latest installment to his Little Big Things video series Tom Peters declares war on these systems and encourages managers to make it easy for all members of an organization to identify problems with an organization's systems and provide bottom-up feedback for improving the way the company operates.

Blog 124

Blog Human Resources Human Capital Talent Management 124

Deming Institute

OCTOBER 29, 2018

In a timeframe in which mating parts in this car plant could not be assembled without hammers, Pipp directed his staff to purchase competitors cars and take them apart. ” Shocked by the results, he instructed the team to repeat the assembly operation. ” The remaining parts required mallets to assemble.

Deming 31

Deming Compliance System Engineering 31

Harvard Business Review

MAY 15, 2012

In his 1990 classic HBR article " Reengineering Work: Don't Automate, Obliterate ," Michael Hammer argued that IT must drive radical process innovation. Hammer nonetheless argued for using the power of information technology to redesign a cross-functional process, then deal with the people issues.

Process 12

Process Innovation Hammer Resistance 12

Harvard Business Review

SEPTEMBER 10, 2014

Instead, smart organizations are driving analytics to an even deeper level within business processes— to make real-time operational decisions , on a daily basis. These operational analytics are embedded, prescriptive, automated, and run at scale to directly drive business decisions. Centuries ago everything was manufactured by hand.

Company 8

Company Hammer Operations Information Technology 8

Harvard Business Review

SEPTEMBER 10, 2014

Instead, smart organizations are driving analytics to an even deeper level within business processes— to make real-time operational decisions , on a daily basis. These operational analytics are embedded, prescriptive, automated, and run at scale to directly drive business decisions.

Company 8

Company Hammer Operations Process 8

You're Not the Boss of Me

NOVEMBER 21, 2010

There is a proverb that says, “ If the only tool you have is a hammer, everything looks like a nail&#. This speaks to the dangers of clinging to, and operating from, narrow perspectives. In organizations, we have this tendency to create silos of operation where people make decisions based only on their own needs.

Learning Organization 56

Learning Organization Senge Organization Learning-by-Doing 56

Harvard Business Review

SEPTEMBER 21, 2016

They’re “traditional” matchmaker businesses that have been operating platforms for connecting different groups of customers. But they also face significant risk from startups that use new technologies to operate more-powerful, more-efficient, and more-scalable platforms.

Technology 8

Technology Hammer Operations Magazine 8

Harvard Business Review

JULY 18, 2014

He had grown up in northwestern Germany, where his father owned mills that heated small amounts of charcoal and iron together to make steel that could be hammered and sharpened into knife blades. Their biggest customers were blacksmiths who hammered a few inches of heated iron bar into a horseshoe or a hinge.

Industry 8

Industry Hammer Transportation Technology 8

Strategy Driven

OCTOBER 28, 2021

Small businesses that fail to do this can get hammered by unforeseen costs, go into steep debt, and potentially close completely. Cash flow from operations for XYZ Company. Net cash from operations. Growing too fast – While this seems counterintuitive it’s actually incredibly common for new businesses. Net income.

Management 113

Management Banking Credit Scoring Discount 113

Harvard Business Review

APRIL 6, 2018

It happens all the time: A group of managers get together at a resort for two days to hammer out a “strategic plan.” A major cause of this is that managers within these teams approach the task from their own functional-management view, e.g. finance, HR, marketing, operations. Busá Photography/Getty Images.

Strategic Planning 14

Strategic Planning Planning Objective Seminar 14

Harvard Business Review

OCTOBER 16, 2014

trillion market by 2020 — lay in its ability to operate with little or no “human intervention.” As cognitive scientists put it things like hammers became a part of the body’s “extended periphery” and are “functionally a component of the [subjects’] smoothly coping IDS.”. So, what might a “handy” IoT offering look like?

Hammer 9

Hammer Fashion Sample Information Technology 9

Strategy Driven

MAY 4, 2020

Much of the modern business tools and systems are so intuitive that there is less manual input or operation than ever while maintaining excellent quality. Instead of accepting that there is one way of doing things, it’s always beneficial to seek out upgraded technologies that could improve your business’ overall operation.

Hammer 68

Hammer Efficiency Tools Innovation 68

Harvard Business Review

JUNE 10, 2011

An executive in the company's finance operations adopted a Six Sigma belt-driven approach to reduce costs in the company's global shared service centers. can often have a superior attitude and be zealots with a hammer, so that everything looks like a nail. Consider the competition between push and pull camps in a major oil company.

Six Sigma 15

Six Sigma Bottom-up Cost Project 15

Harvard Business Review

FEBRUARY 25, 2016

Far too often, leaders who are closing or shrinking an operation take the old tough guy approach. If the operation being closed or downsized is large or historically important to the company, the CEO should make at least one visit. In some cases, that might mean keeping an operation open longer than you initially wanted.

Hammer 8

Hammer Operations Quality Project 8

Harvard Business Review

AUGUST 2, 2016

On Monday Uber said that it is selling its operation in China to a rival Chinese ride-sharing company whose CEO was in that foreshadowing photo. Kalanick gets the same on Didi Chuxing’s board, and Uber gets around a 20% share of the Chinese company, which will run Uber’s Chinese operation as a separate brand.

Marketing 8

Marketing CEO Mass Marketing Price 8

Great Leadership By Dan

JANUARY 7, 2014

Their boss is always hammering, er…, asking them about it. Most senior teams have Monthly Operation Reviews (MORs) – the real stuff is on that agenda, and the rest is all noise. It’s not just an annual formal thing – it’s operationalized in their day-to-day, month-to-month work.

Planning 236

Planning Succession Metrics Commitment 236

Harvard Business Review

JANUARY 11, 2017

It was part of a larger overhaul that included automating some distillery operations, which gave it better data and helped slash energy and water use. The sustainability and operating execs at LVMH talk openly about some of the challenges they face. As a result, Belvedere’s greenhouse gas emissions have dropped by 40%.

Supply Chain 8

Supply Chain Payback Period Brand Energy 8

Harvard Business Review

NOVEMBER 13, 2012

Shifting from Drucker's erudition and measured tone to Hammer's revolutionary and provocatively violent declarations ("don't automate, obliterate") was a bit dizzying. During difficult economic times, organizations often seek ideas on how to cut costs or perform operations more efficiently.

Prahalad 15

Prahalad Hamel Core Competence Leadership 15

Harvard Business Review

JANUARY 2, 2018

If your employees aren’t behaving well, and you’ve already gone through the trouble of hammering home the organization’s civility message, ask yourself, “Have I also equipped them to succeed?” Some Chick-fil-A franchise operators evaluate team members weekly using red, yellow, and green lights.

Team 8

Team Franchising Hammer Training 8

The Horizons Tracker

OCTOBER 21, 2020

Chess supremo Garry Kasparov famously noted after his battles with IBM’s Deep Blue, that an intermediate human player teamed with a computer was better than either an expert human or a super-machine operating independently.

Govindarajan 77

Govindarajan Technology Hammer Process 77

Harvard Business Review

MARCH 1, 2017

Seeing compensation as the primary or only tool we can use to motivate high performance is like trying to build a house with only a hammer. As an example, I recently coached a leader who’s responsible for a global organization’s operations in an Eastern European country.

Motivation 8

Motivation Hammer Video Objective 8

Harvard Business Review

MARCH 11, 2016

Our field research showed that some traditional physical stores were rapidly blending the best of physical, web, and mobile to serve their customers, while others were simply being hammered by the growth of e-commerce. That couldn’t be right, since Walmart.com was a multibillion-dollar operation that year. So we started digging.

Merchandising 8

Merchandising Retail GDP Report 8

Harvard Business Review

MARCH 21, 2011

But because we failed to hammer out exactly how we would operate (including our respective roles and responsibilities), infighting distracted from operating, cash became a concern, and the business slowly, then quickly, imploded. My husband and I lost a painful lot of money.

Due Diligence 14

Due Diligence Magazine SWOT Christensen 14

Harvard Business Review

AUGUST 28, 2017

And AI success stories are becoming more numerous and diverse, from Amazon reaping operational efficiencies using its AI-powered Kiva warehouse robots, to GE keeping its industrial equipment running by leveraging AI for predictive maintenance. Investment in AI is growing and is increasingly coming from organizations outside the tech space.

Survey 12

Survey Execution First-mover Advantage Technology 12

Harvard Business Review

APRIL 18, 2016

It comprises a range of conceptual and analytical operations, including problem definition, signal processing, pattern recognition, abstraction and conceptualization, analysis, and prediction. If all you have is a hammer, then everything will look like a nail. Further second- and third-order interactions occur downstream.

Strategy 8

Strategy Supply Chain Technology Engineering 8

Harvard Business Review

JULY 9, 2014

To help shape a shared understanding, Koh recruited an MIT team that had independently built an analytical and financial model of a seabed mining operation to give a series of influential seminars and analyze proposals for feasibility. Minimize, then expand your circle.

Advice 8

Advice Hammer Seminar Consensus 8

Harvard Business Review

MARCH 20, 2017

Home Run Media, a media agency that helped its clients plan and carry out their marketing strategies, had been operating for more than a decade when a key client in the fantasy sports industry began to grow rapidly, thanks in part to Home Run’s work and to a healthy dose of venture capital that was fueling its growth.

Media 9

Media Hammer Software Company 9