HR Digest

OCTOBER 13, 2023

Agile HR can be defined by its principles of responsiveness that encourage restructuring of work to facilitate immediate feedback, planning, and action. This applies to the adoption of agile HR practices and their contribution to people management as well, if they want to assist their company in improving their response time.

Agility 59

Agility Short-term Reference Examples 59

Strategy Driven

OCTOBER 21, 2016

Not that Nissan’s management had not been trying to make the right decisions to staunch the losses. It had earlier set an ambitious target of taking a quarter of Japan’s auto market, but to achieve that, the chief executive had said that the old way of making and selling cars would no longer suffice. A new strategy was required.

Chief Operating Officer 50

Chief Operating Officer Short-term Strategic Fit Restructuring 50

Experience to Lead

NOVEMBER 3, 2023

Whether it be a global pandemic, a company restructuring or a merger, a leadership strategy is crucial if you want to manage shifts and times of uncertainty. This leadership strategy encourages collaboration and ultimately sets a team up for long-term success. Finally, your values reflect what your company believes in.

Strategy 52

Strategy Development Leadership 360-Degree Feedback 52

Strategy Driven

JULY 5, 2023

In this in-depth exploration, we will delve into tips and strategies to manage your small business finances during a crisis and emerge more resilient than ever. Understanding these vulnerabilities is the first step towards effective crisis management. If necessary, consider taking out a short-term loan to tide over the crisis.

Finance 100

Finance Crisis Management Crisis Management 100

Strategy Driven

JANUARY 12, 2024

The innovations are endless, from peer-to-peer payments to automated portfolio managers and trading platforms. This can be done in various ways, including automating processes, restructuring how tasks are completed, and minimizing the amount of time employees spend on non-productive activities.

Finance 106

Finance Technology BPM Company 106

Harvard Business Review

NOVEMBER 30, 2018

And the same applies to the affected workers: The tight labor market means there are opportunities for those who go through retraining. Another issue involves reallocating resources in the face of fundamental market shifts. But markets and tastes shift, and changing assets and company processes is hard. government.

Restructuring 11

Restructuring Fixed Costs Consensus Operations 11

Harvard Business Review

MAY 28, 2018

Nikon, the legendary Japanese camera maker, provides a textbook study in how smart managers can work with strategic investors to transform a struggling business. It also called for streamlining headquarters and cutting executive management’s compensation. Heini Wehrle/BIA/Minden Pictures/Getty Images.

Company 8

Company ROIC CFO Restructuring 8

LDRLB

APRIL 21, 2014

What’s going on there, it’s a term that’s been used for a really long time and you sort of opened the book with a discussion of that. How are some of the best companies restructuring themselves to make use of this interesting finding? Why is that so important? ORLY: Yes, absolutely. It is counterintuitive.

Human Capital 60

Human Capital Open-book CFO Innovation 60

Harvard Business Review

OCTOBER 6, 2011

The concern I expressed in the post was that these actions have become the standard by which CEOs are expected to manage. Furthermore, these actions are taken seemingly without regard to the consequences for the community, the employees, the survival of the company as an institution, or the creation of long-term firm value.

Restructuring 8

Restructuring Long-term Short-term Leadership 8

Harvard Business Review

OCTOBER 5, 2012

These visionary CEOs aren't caving in to Wall Street's demands for short-term gains. Rather, they are boldly restructuring every function in their organizations to boost their firms' long-term ability to deliver affordable and sustainable solutions to increasingly cost-conscious and eco-aware consumers.

CEO 15

CEO Innovation Restructuring Incentives 15

Harvard Business Review

APRIL 5, 2017

The McKinsey Global Institute, in conjunction with FCLT Global, recently released research stating that long-term-oriented companies perform better than those that focus on short-term results. What if concentrated market power of a few companies in an industry has made these companies more profitable than usual?

EPS 8

EPS Metrics Depreciation Short-term 8

Harvard Business Review

DECEMBER 4, 2018

The ones that manage to escape are discount chains —such as T. A recent report by the consultancy BCG documented a general decline in sales among consumer packaged goods (CPG) companies in the United States during 2017, with mid-sized and large companies losing market share and small companies increasing theirs.

Brand 11

Brand Retail Incubator Merchandising 11

Harvard Business Review

MAY 19, 2015

In the early 1980s, Ralph Stayer sent a long memo and a $200 check to every employee of his family business. His letter announced a compensation restructuring, which accompanied a dismantling of hierarchy and the introduction of self-managed, self-organizing teams throughout the company. Profits were up 150%.

Management 8

Management Long-term System Delegation 8

Harvard Business Review

MARCH 21, 2016

But the more important part of the story, the lesson that applies to all kinds of companies in all sorts of fields, is that every one of these star performers faced at least one “near-death experience” during the course of its long-term success. It was a great idea for a conference, yet it amounted to a hill of beans.

Company 8

Company Long-term Conference Restructuring 8

Harvard Business Review

APRIL 26, 2017

Among these: Downsizing firms lose valuable knowledge when employees exit; remaining employees struggle to manage increased workloads, leaving little time to learn new skills; and remaining employees lose trust in management, resulting in less engagement and loyalty.

Company 8

Company Short-term Altman Long-term 8

Harvard Business Review

SEPTEMBER 26, 2011

The stock market is short-term-oriented. Stock-based incentive compensation aligns the self-interest of management with shareholders, and a performance-based pay system increases employee motivation. In my experience, these beliefs have led managers and boards to take actions that have had unintended, destructive consequences.

CEO 15

CEO Short-term Long-term Restructuring 15

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

OCTOBER 23, 2015

Restructurings may be an inevitable part of organizational life but living through them—even when you’re one of the lucky ones still standing—is challenging and stressful. Manage your stress. If you’re a manager, this is even more critical. What the Experts Say. “Be constructive,” he says. .”

Restructuring 8

Restructuring Stress Uncertainty Long-term 8

Harvard Business Review

OCTOBER 5, 2012

These visionary CEOs aren't caving in to Wall Street's demands for short-term gains. Rather, they are boldly restructuring every function in their organizations to boost their firms' long-term ability to deliver affordable and sustainable solutions to increasingly cost-conscious and eco-aware consumers.

CEO 8

CEO Innovation Restructuring Incentives 8

Harvard Business Review

SEPTEMBER 16, 2011

In addition to the usual metrics — return on investment, growth in market share, increases in shareholder value — Johansson uses what he calls the "kitchen table test": At breakfast with his family on Saturday mornings, he asks himself, How easy is it to explain what I have accomplished this week and the decisions I have made?

Restructuring 12

Restructuring Short-term Long-term Outsourcing 12

Harvard Business Review

MAY 17, 2016

The conservative Kingdom, at the heart of the Arab-Islamic world and one of the world’s key oil producers, is in the midst of a fundamental restructuring process that centers around the country’s large, but oil-dependent economy. Saudi Arabia’s government reshuffle in early May is more than a political watershed.

Politics 8

Politics Human Capital Price Long-term 8

Harvard Business Review

OCTOBER 5, 2018

From leadership transitions and restructurings, to mergers and acquisitions, to regulatory changes, there seems to be constant unrest in the workforce. And it wasn’t just about new job opportunities or increased market share. Empower leaders and managers to lead through change. Alan Copson/Getty Images.

Resistance 15

Resistance Commitment Uncertainty Restructuring 15

Harvard Business Review

APRIL 18, 2012

There is a much more important change in the global distribution of power underway, and the play for leadership of the World Bank signals that emerging markets will be increasingly bold in asserting their views about the management of the global economy. In short, the age of Post-Western globalization is upon us.

Globalization 11

Globalization Banking Restructuring Politics 11

Harvard Business Review

DECEMBER 10, 2012

Acquisitions always get a lot of senior management attention and, for those who want it, there is no shortage of outside advice, including a lot in the management literature. But this is usually when they have a major restructuring, which is to say when they're in trouble of some kind. And it's a shame. GE-NBC/Universal.

Due Diligence 15

Due Diligence EBITDA Health Care Gordon 15

Harvard Business Review

MARCH 8, 2013

IRS Reform and Restructuring Act of 1998); and an outstanding, senior executive from the private sector, Charles Rossotti , was appointed for a five-year term to drive the changes. The Internal Revenue Service (IRS), however, was successful in transforming its bureaucracy. So, what makes the difference between success and failure?

Bureaucracy 8

Bureaucracy Innovation Supply Chain Long-term 8

Harvard Business Review

JUNE 29, 2015

If you ask someone who works in finance (as I had to) about PE and innovation, he or she will likely tell you that PE sponsors aren’t looking for the next big thing—they’re looking for companies that are dominant in a market, aren’t risky, and have a predictable and steady stream of cash to pay back debt.

LBO 8

LBO Innovation Sample Short-term 8

Harvard Business Review

JUNE 20, 2014

But she also realized that the company needed to develop greater marketing muscle to drive a commercial transformation. As she put it, “Our markets are going through dynamic change. It must be marketing. And she put marketing in charge of an organization-wide growth program. Who should lead our transformation?

CEO 8

CEO Marketing Hotels Long-term 8

LDRLB

JULY 17, 2013

For too long the business world has been obsessed with the notion of building a sustainable competitive advantage… I’m not arguing that it’s a bad idea—obviously, it’s marvelous to compete in a way that others can’t imitate… But it’s now rare for a company to maintain a truly lasting advantage. “Strategy is stuck.

Competitive Advantage 150

Competitive Advantage Taylorism Taylor Restructuring 150

Harvard Business Review

MAY 24, 2013

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. P&G is in the midst of a major restructuring, and has laid off thousands of people. Why is P&G making this move, now? e.g., a laundry variety.

P&L 8

P&L Restructuring Price CEO 8

Harvard Business Review

MAY 28, 2015

Managers constantly try to fit new market needs to existing processes and routines. And then the innovators improve the technology steadily over time, allowing it to serve more and more of the overall market, which causes great trauma for incumbents who stuck to their legacy ways of doing things. Our survival depended upon it.

Technology 8

Technology Depreciation Christensen Short-term 8

Harvard Business Review

FEBRUARY 24, 2015

But a study from 1999 found that long-run performance of both the former parent company and the divested unit is strongly positive, provided that the spin-off increases the company’s focus. A detailed roadmap should outline how it will become autonomous in terms of revenues and/or access to central services.

Chemicals 8

Chemicals How To Kahneman Reputation 8

Harvard Business Review

FEBRUARY 9, 2012

In my consulting work with large, multinational companies, I see a pervasive anxiety among managers who have trouble finding people for skilled positions, no matter what industry or region. There are several ways to restructure work either to require fewer skilled people or to get more flexible in deploying skills.

Skills 14

Skills Survey Human Resources Document 14

Harvard Business Review

MAY 4, 2016

Hiring managers will see what you have done — and can do for them. Let’s look at how to do this by analyzing the resume and LinkedIn profile of a startup marketing executive. Communicate across logos, taglines, ads, marketing, trademarks, media, trade shows, and conferences.” Monique Valcour.

Brand 8

Brand Press Release Marketing B2B 8

Harvard Business Review

DECEMBER 10, 2015

And as Clayton Christensen described in The Innovator’s Dilemma , it can be very difficult for management teams and their organizations to acknowledge that the paradigm around them has changed, and instead of responding in an adaptive manner, too many organizations redouble their investments in legacy business models or technologies.

Groupthink 8

Groupthink Team Consensus Christensen 8

Harvard Business Review

JANUARY 17, 2011

Restructure, reorganize, slash and burn. Cut corners, "manage" your earnings, sub-sub-subcontract. Make stuff that doesn't just perform in terms of yesterday's numerators — short-term income, "profit", shareholder value — but that performs in terms that are longer-lived, that matter more to people, communities, and society.

Press Release 15

Press Release Short-term Globalization Long-term 15

Harvard Business Review

JULY 17, 2015

Others may simply see no alternative to trying to keep the brand going at any cost, even if that means aggressive discounting, cheap licensing, or other tactics that erode long-term brand value. ’” Purpose might have informed the management of two failed brands – Blockbuster and Radio Shack — differently.

Brand 8

Brand Merchandising Retail Real Estate 8

Harvard Business Review

MARCH 12, 2018

” Whether in marketing or sales, it often feels like jobs are contingent on external circumstances, the whims of executives, strategic pivots, and shareholder demands. What happened to being rewarded for consistent, quality work over the long-term? There is perhaps one place where this paradigm still exists: the gym.

CEO 8

CEO Company Sports Fashion 8