Harvard Business Review

MAY 16, 2016

For example, as it grew, Facebook found that its early “move fast and break things” culture had to be funneled into focused technical teams and product groups to make its product development process faster and less erratic, and for it to have a chance of meeting the demands of its new public shareholders following its IPO.

Banking 14

Banking Strategy Film Operations 14

Harvard Business Review

MARCH 14, 2014

Almost 80% of the more than 1,200 senior executives recently surveyed by PricewaterhouseCoopers believe that their organizations have the right strategic intent — but only 54% think they’re executing that strategy well. Distracted by pet initiatives that have little to do with the new strategy, they revert to old habits.

Strategy 8

Strategy Restructuring Committee Short-term 8

Harvard Business Review

JANUARY 26, 2015

GE now operates in 175 countries across the globe.) So a constant reengineering of our business portfolio, operating model, and culture has been a key to our evolution. For an organization to endeavor to change its culture, it needs to take its cue from what changes in its strategy. The context demanded operational excellence.

Welch 8

Welch Six Sigma Agility Operations 8

Harvard Business Review

AUGUST 21, 2013

In order to see the future more clearly, it''s almost always helpful to look back — and this certainly goes for IT and its ever-increasing impact on operations, and ultimately on competitive advantage. Yet with each wave, the criticality of IT to basic operations and delivery of service to customers continues to escalate.

Competitive Advantage 8

Competitive Advantage Management Information Technology Airlines 8

Harvard Business Review

JUNE 2, 2014

Before you can scale the business, you have to understand what your customers really want and value, and how to deliver it to them — and that process requires a lot of flexibility. To deny the potentially positive impact of conscientious rule breaking is to ignore a fundamental truth about how successful companies operate in reality.

Innovation 11

Innovation Conflict of Interest Strategy System 11

Harvard Business Review

OCTOBER 11, 2018

a cataract operation can cost $200 or less, compared with $3,500 in the U.S. Ascension saved 10%–15% a year by aggregating all of those contracts and negotiating from the strength of the combined operation. It also pursued process innovations that resulted in cost savings.

Health Care 8

Health Care Insurance Cost Price 8

Harvard Business Review

MAY 17, 2013

We don''t often think about the way we usually operate at work, whether we''re performing an informal five-step process for evaluating a new proposal, or setting priorities for managing our time. So the organization started documenting standard operating procedures to capture employee know-how and wisdom. Should Do" Practices.

Efficiency 8

Efficiency Organization Bureaucracy Operations 8

Harvard Business Review

NOVEMBER 29, 2011

Many organizations, she argues, struggle with a "paradox of expertise" in which deep knowledge of what exists in a marketplace or a product category makes it harder to consider what-if strategies that challenge long-held assumptions. Moreover, they noted how noisy the process was. Moreover, they noted how noisy the process was.

Banking 18

Banking Retail Open-book Creativity 18

Harvard Business Review

JANUARY 18, 2012

Executing this strategy required seamless integration of IBM's product capabilities with its geographic reach. This meant abandoning IBM's existing organization, in which product silos and geographic entities operated independently and frequently were more competitive than collaborative. He's personable, but blunt. When the U.S.

Globalization 16

Globalization Golden Parachute Short-term Long-term 16

Harvard Business Review

JUNE 29, 2012

For years, companies have been pouring money into people, processes, and technology that can help them manage risk. At a Global 50 consumer products company, management has developed a governance structure that allows it think about risk proactively, and has aligned its risk profile and exposures more closely with its strategy.

Risk Management 14

Risk Management Maturity EBITDA Management 14

Harvard Business Review

MARCH 27, 2014

Glacial processes. Procurement teams tend to rely on processes that are far too slow to support the business’s needs. Is it a process-oriented, savings-obsessed function? Or does it focus on customer service and helping the business achieve its strategy? Deep expertise is critical in each area.

Budgeting 8

Budgeting Objective Cost Globalization 8

Harvard Business Review

MAY 28, 2014

As Quartz reported last year: Members of the Glass operations team have been on the road showing it off to companies and organizations, and they told Quartz that some of the most enthusiastic responses have come from manufacturers, teachers, medical companies, and hospitals. Should Google revise its strategy to pursue that opportunity?

Strategy 10

Strategy Early Adopters Innovation Proposal 10

Harvard Business Review

FEBRUARY 27, 2013

We set people up to use their area of expertise, be it strategy, accounting, operations, technology, finance, or human resources. For example, if a nonprofit is experiencing an issue with hiring, we provide human capital consultants to help them revamp their process.

Skills 9

Skills Real Estate Human Capital Project 9

Harvard Business Review

MAY 6, 2013

Define Your Strategy. CIOs need to develop an affirmative IT strategy that begins by identifying old behaviors to give up, new behaviors to adopt, and remaining behaviors to do differently. To that end, the role of the CIO must be strategic instead of tactical. This means a lot of change for enterprise IT organizations.

CIO 8

CIO Hamel Technology Tactics 8

Harvard Business Review

MARCH 12, 2014

The company’s twenty years of entrepreneurial success had positioned the company to reap greater financial rewards using a more disciplined operational focus. However, by the middle of the decade, Google was growing, YouTube was forming, and “operational excellence” wasn’t a differentiating strategy in technology.

Strategic Fit 8

Strategic Fit Rogers CEO Strategy 8

Harvard Business Review

SEPTEMBER 6, 2017

Business-critical roles — that is, the jobs that are central to differentiating a company from its competitors and successfully executing its strategy — will also change. New innovations will change the basis of competition in many markets and alter the sources of advantage for most companies. Take insurance, for example.

Company 12

Company Insurance Engineering Software 12

Harvard Business Review

NOVEMBER 6, 2017

It knew it had to act fast, so top leaders began by challenging major assumptions about how they operated. Verizon would not have been able to so quickly and successfully change its strategy without being willing to question and overhaul traditional organizational structures. The Gap Between Strategy and Execution.

Execution 8

Execution Strategy COO CEO 8

Harvard Business Review

JUNE 26, 2013

When "the core functions of IT — data storage, data processing, and data transport — have become available and affordable to all," he wrote, IT would cease to be a source of competitive advantage. Carr predicted that an organization''s ability to compete through investing in information technology was about to change dramatically.

Supply Chain 8

Supply Chain Competitive Advantage Information Technology How To 8

Harvard Business Review

JULY 2, 2015

Finally, operating conditions differ significantly within the country groups. Every company requires a way of calibrating its strategy to the growth drivers in its industry, and developing a geographic value map. We call that process the A-B-C (which stands for Analyze-Benchmark-Calibrate) of developing a globalization strategy.

Marketing 8

Marketing Benchmarking Globalization Construction 8

Harvard Business Review

JANUARY 8, 2015

But this natural — and efficient — learning process tends to break down as people gain experience and stature. In my research on how experienced managers and professionals step up to bigger leadership roles, I have observed both the value and the difficulty of returning to our youthful, fake-it-till-you-learn-it strategies.

Learning-by-Doing 8

Learning-by-Doing Finance Definition Politics 8

Harvard Business Review

NOVEMBER 19, 2012

Everyone thinks they have a digital strategy these days. But while your company may have a business or IT strategy that incorporates digital technology, an IT strategy does not equal a digital strategy. Because most IT strategies treat technology in isolation.

IT Strategy 9

IT Strategy Strategy Class Offshoring 9

Harvard Business Review

OCTOBER 30, 2017

Beth Comstock, GE vice chair responsible for creating new businesses, embraced the lean process. So is John Rice, the head of global operations, along with CFO Jeffrey Bornstein. Increase operating margins to 18% (by cutting expenses). In June 2017 the board “retired” Immelt and promoted John Flannery to CEO.

Ries 8

Ries Long-term Short-term Price 8

Harvard Business Review

MAY 27, 2015

It is sometimes more effective for a region to grow its small businesses than to get caught up in a bidding war for elephants — a process that too often helps only the elephant. An effective policy strategy for small businesses needs to focus on the unique needs these companies have. But these things are not enough.

Entrepreneur 8

Entrepreneur Policies Banking Innovation 8

Harvard Business Review

MARCH 13, 2017

The symptoms may seem to be minor annoyances and inconveniences that could be wiped out without much effort — too much process, too many meetings, meaningless goals, and time wasted on work that no one will ever care about. redesign the operating model. Redesign the Operating Model. reset the budgets.

Zero Based Budgeting 14

Zero Based Budgeting Organization Budgeting How To 14

Harvard Business Review

DECEMBER 8, 2017

And how can you go into the application process feeling positive about your prospects? “You have a golden moment in your job search where you’re operating at peak confidence and energy. If you were fired for “failure to achieve objectives,” your best strategy is “absolute searing honesty,” says Lees.

How To 8

How To Letter Learning-by-Doing PR 8

Harvard Business Review

NOVEMBER 17, 2017

For decades, we’ve often thought of leadership profiles in unique buckets—two popular varieties were the “visionaries”, who embrace strategy and think about amazing things to do, and the “operators”, who get stuff done.

Execution 15

Execution Strategy How To Budgeting 15

Strategy Driven

JANUARY 24, 2011

Plus, as a result of a lack of cross-organizational coordination and cooperation, Nokia wasn’t able to improve its proprietary operating system, Symbian, which would have allowed it to support a more sophisticated smartphone. That said, yet another change management process or program is not the solution. It’s an ongoing process.

Execution 67

Execution Company 360-Degree Feedback Cooper 67

Harvard Business Review

MARCH 10, 2017

This entails viewing costs not merely as an in-year expense but also as a multiyear investment in differentiating capabilities designed to help your company execute its strategy. Second, rethink costs in terms of capabilities. In many companies, the investments you make in capabilities are hidden within an array of functional budgets.

Cost 11

Cost How To Budgeting Strategic Planning 11

Harvard Business Review

MAY 18, 2011

It could also include sophisticated software based on the WebOS (the operating system HP leveraged from the Palm acquisition). HP's strategy for decades has been to not have a single approach to solving customer problems. Instead, it offers customers flexibility with regard to choices like operating systems and software.

Software 12

Software Technology Intellectual Capital Marketing 12