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

JANUARY 12, 2024

The innovations are endless, from peer-to-peer payments to automated portfolio managers and trading platforms. Finance digital transformation involves leveraging cutting-edge technologies for better operational efficiency and enhanced strategic decision-making. FinTech companies are putting a new twist on financial concepts.

Finance 107

Finance Technology BPM Company 107

QAspire

OCTOBER 13, 2010

a lot of companies focus on restructuring their organization structure (hierarchy). Also download 25 Things Managers and Leaders Should Never Do [PDF] - - - - - Check out the latest edition of “Carnival of HR” at John Hunter’s Curious Cat Management Improvement blog. How would work flow? Who will do what? Vamsi´s last blog.

Process 130

Process Deming Restructuring Efficiency 130

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

Harvard Business Review

MAY 28, 2015

Technologies like 3-D printing, robotics, advanced motion controls, and new methods for continuous manufacturing hold great potential for improving how companies design and build products to better serve customers. Why are older incumbent firms slow to adopt new technologies even when the economic or strategic benefits are clear?

Technology 8

Technology Depreciation Christensen Short-term 8

Harvard Business Review

MAY 30, 2014

Many managers, even at the most senior levels, don’t fully appreciate the difference between announcing a major change initiative and actually making it happen. When senior leaders disappear after a big change announcement, and leave lower-level managers to execute it, they are missing in action. You probably get the picture.

Delegation 8

Delegation Management Telecommunications Consultative 8

Harvard Business Review

NOVEMBER 10, 2015

While change is often in the best long-term interest of a company, it can wreak havoc on an organization’s people in the near term. In most cases, the things companies do to get ahead of change, such as more frequent communication or manager training, are only minimally effective.

Media 8

Media Management CEO Uncertainty 8

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. As I said earlier, measuring a company’s short-term orientation is incredibly tricky.

EPS 8

EPS Metrics Depreciation Short-term 8

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. Heini Wehrle/BIA/Minden Pictures/Getty Images. Most companies see investor relations as a one-way street.

Company 8

Company ROIC CFO Restructuring 8

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

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

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

CO2

JUNE 29, 2010

And perhaps more importantly, anyone occupying a position of authority plays a followership role at times, as first-line supervisors report to mid-level managers, mid-level managers report to vice-presidents, vice-presidents report to CEOs, CEOs report to Boards of Directors, etc.

Executive Coaching 129

Executive Coaching Execution Blog Self-aware 129

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

DECEMBER 4, 2018

The ones that manage to escape are discount chains —such as T. In dollar terms, small players—defined as those with sales less than $1 billion—grabbed approximately $15 billion in sales from their larger peers between 2012 and 2017. Whether this will help J&J in the long run, no one knows.

Brand 10

Brand Retail Incubator Merchandising 10

Harvard Business Review

FEBRUARY 19, 2018

The onslaught of mounting stressors include global challenges, such as climate change, terrorism, and political turmoil – as well as personal and professional challenges, such as illnesses, job changes, and organizational restructuring. For many of us, the initial response to stress is to look for external fixes.

Stress 15

Stress Root Cause Analysis Learning-by-Doing Globalization 15

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. Empower leaders and managers to lead through change. Alan Copson/Getty Images. Employees around the world are reporting that big organizational changes are affecting their jobs.

Resistance 14

Resistance Commitment Uncertainty Restructuring 14

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

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. As a result, they tend to focus narrowly on technology skills, the Accenture survey reports. For instance, at one U.S.

Skills 14

Skills Survey Human Resources Document 14

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

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. IT also upgraded old technology and processes, achieving significant improvements in service and compliance.

Bureaucracy 8

Bureaucracy Innovation Supply Chain Long-term 8

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

FEBRUARY 9, 2015

The debt becomes much more difficult to manage and cynicism corrodes the functioning of the society. Experience suggests that where workers are empowered, given more voice to shape the terms of their employment and the way in which they work, productivity very often increases. Without middle class growth, institutions lose legitimacy.

Class 8

Class Outsourcing Long-term Short-term 8

Harvard Business Review

JUNE 23, 2016

The senior commercial and scientific directors formed a “circle of leaders” comprised of 23 senior managers who had no meaningful history of collaboration on strategic initiatives. A global pharmaceutical company was about to lose the strategic advantage of several blockbuster drugs coming off patent.

Leadership 9

Leadership Diversity Committee Long-term 9

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

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

JANUARY 23, 2014

A few years ago Dave Ulrich, a management thought leader from the University of Michigan, made a comment I found both insightful and profound: “ Every leader needs to have a model of organization design.” An effective organization design model guides a manager in answering five fundamental questions in a thoughtful and well-integrated way.

Ulrich 8

Ulrich Cost Efficiency Consultative 8

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?

P&L 8

P&L Restructuring Price CEO 8

Marshall Goldsmith

JANUARY 13, 2014

Two factors making global thinking a key variable for the future are the dramatic projected increases in global trade and integrated global technology, such as e-commerce. Future leaders will have to learn how to manage global production, marketing, and sales teams to achieve competitive advantage. Demonstrating technological savvy.

Competitive Advantage 140

Competitive Advantage Globalization Diversity Technology 140

Harvard Business Review

JULY 31, 2015

We can manage without you.’ All in all, “getting laid off is a manageable setback on the scale of human experience,” Lees says. “A lot of people stay in their jobs for too long; they get stuck and can’t move on.” “Ask, ‘Do you think I’ve come to terms with the situation?

How To 8

How To Budgeting Self-aware NGO 8

Harvard Business Review

SEPTEMBER 13, 2018

Planning has long been one of the cornerstones of management. Early in the twentieth century Henri Fayol identified the job of managers as to plan, organize, command, coordinate, and control. The capacity and willingness of managers to plan developed throughout the century. Jon Feingersh/Getty Images.

Agility 15

Agility Planning Fayol Strategic Planning 15

Harvard Business Review

JUNE 23, 2015

Technology has forced music artists to completely rethink the way they approach their businesses. They’re extending their brand into areas like technology, gaming, fashion, and lifestyle content — essentially becoming entertainment platforms. We’ve all had to adapt. We also looked beyond music for insights.

Business Model 8

Business Model Merchandising Restructuring Fashion 8

Harvard Business Review

JULY 24, 2017

According to the Wall Street Journal (WSJ), a new partnership between UBS Wealth Management and Amazon allows some of UBS’s European wealth-management clients to ask Alexa certain financial and economic questions. Sponsored by DXC Technology. Insight Center. Crossing the Digital Divide.

Consultative 8

Consultative Budgeting Advice Marketing 8

Harvard Business Review

DECEMBER 3, 2018

Council of Institutional Investors (CII), representing managers of $25 trillion assets, recently demanded limiting any company’s dual-class share structure to seven years. Aggressive-growth and family-controlled dual-class companies display higher long-term shareholder returns.

Class 9

Class Maturity IPO Short-term 9

Harvard Business Review

MAY 10, 2013

As noted management expert Geoffrey Moore told me with respect to high-velocity competition, "I''m not sure you ever want to be in the public markets." Moreover, firms are often investing in venture capital-type organizations with the hope of striking it lucky with a new technology or offer. So we are left with a quandary.

Venture Capitalist 8

Venture Capitalist Restructuring Competitive Advantage Short-term 8

Harvard Business Review

AUGUST 21, 2017

It wasn’t until I moved to Paris in 1997 to become Finance Manager for Disney Consumer Products Europe, Middle East, and Africa that I experienced someone setting a non-negotiable boundary for herself. These advances will have also significantly increased the workload of more senior managers, keeping them working around the clock.

Team 10

Team Conference Restructuring McKinsey 10

Harvard Business Review

MAY 11, 2016

If you’re, say, an HR manager who happened to take a job at Chobani early on, your compensation suddenly looks considerably better than many of your peers. So long as top-performing companies continue to surge ahead, we can expect income inequality to get worse. The competition story revolves around digital technology.

McKinsey 8

McKinsey Document Engineering Outsourcing 8