Remove Innovation Remove Management Remove Metrics Remove Pharmaceuticals
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Quita Highsmith on changing the face of HR in the pharmaceutical industry

HR Digest

The HR Digest talked to Quita Highsmith to discuss the essential role of HR in building a culture of agility, innovation, and engagement. We believe that diversity is more than good for business – it’s good for scientific innovation. The HR Digest: What are the non-negotiable parts of Genentech’s company culture?

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Performance Measurement

Strategy Driven

We talked extensively in this book about how accounting profits or profit growth as a sole performance metric doesn’t lead to value creation. While you can find numerous books focused on the topic of corporate finance, few offer the type of information managers need to help them make important decisions day in and day out.

ROIC 62
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What’s Driving Superstar Companies, Industries, and Cities

Harvard Business Review

To analyze the superstar dynamics of firms, our metric was economic profit, a measure of a firm’s profit above and beyond opportunity cost. (To The top 10% of the firms we analyzed — the superstars by our metric — create 80% of all the economic value, meaning they account for 80% of economic profits.

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The 5 Elements of a Strong Leadership Pipeline

Harvard Business Review

Organizations are continuously promoting people into management, and those new leaders struggle with the transition. How talent management is changing. We mapped this data against dozens of financial and leadership metrics, clustering companies into four groups (ranging from low- to high-performing). Insight Center.

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Data Is Useless Without the Skills to Analyze It

Harvard Business Review

Managers and business analysts will often be called upon to conduct data-driven experiments, to interpret data, and to create innovative data-based products and services. Adept at mathematical reasoning : How many of your managers today are really "numerate" — competent in the interpretation and use of numeric data?

Skills 15
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Five Power Skills for Discovering Radical Ideas

Harvard Business Review

Innovation starts with new and novel ideas. When we surveyed over 300 global executives between 2008 and 2009, one of the primary concerns they expressed was their inability to compete long term without a solid innovation engine that can grow their top line. Finding ideas is never the problem — initially. They need creative discontent.

Skills 8
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A Partial Defense of Our Obsession with Short-Term Earnings

Harvard Business Review

On the other hand, most large sample studies in the accounting literature show something different: firms that manage their earnings perform better than firms that don’t (and not just in the short term). HBR: What got you interested in what impact short-term earnings management has on long-term performance? A couple of things.