article thumbnail

Women Who Sell Get Promoted

Harvard Business Review

After all, sales experience feeds the types of line jobs — where individuals have P&L accountability — that are a pipeline to the C-suite. Selling needs to be a part of every woman's career tool kit. And that is where women are at a disadvantage.

P&L 16
article thumbnail

Use Pricing Strategy to Boost Sales

Harvard Business Review

McKinsey & Co. Just as important, setting aggressive profit targets for managers with P&L responsibilities — who otherwise might not be interested in pricing — provides an extra incentive for them to focus on pricing as a means to reach their goals. Second, small changes in price can lead to big profits.

Price 14
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Blogging on Business Update from Bob Morris (Week of 11/26/12)

First Friday Book Synopsis

Austin, Richard L. I hope that at least a few of these recent posts will be of interest to you: BOOK REVIEWS The Complete Executive Karen Wright Harder Than I Thought Robert D. Nolan, and Shannon O’Donnell HR Strategic Project Management SPOMP Leon M. Hielkema INTERVIEWS Matthew E. May: Second Interview, Part 1, by Bob [.].

Blog 89
article thumbnail

4 Ways Leaders Can Get More from Their Company’s Innovation Efforts

Harvard Business Review

A recent McKinsey report found that while 84% of corporate executives think innovation is key to achieving growth objectives, only 6% are satisfied with the innovation performance of their firm. Don’t Get Trapped in Your P&L. That’s quite a mismatch. Here are four things leaders can do.

article thumbnail

Blogging on Business Update from Bob Morris: 11/5-11/12

First Friday Book Synopsis

I hope that at least a few of these recent posts will be of interest to you: BOOK REVIEWS The Pumpkin Plan: A Simple Strategy to Grow a Remarkable Business in Any Field Mike Michalowicz HBR Guide to Persuasive Presentations Nancy Duarte Freedom, Inc.: Free Your Employees and Let Them Lead Your Business to Higher [.].

Blog 85
article thumbnail

Morning Advantage: Microsoft's Downfall?

Harvard Business Review

This abstract pulls out some of the key management missteps: forcing experimental new projects into P&L rigor too early; forcing new products to use Windows, even as it hampered their viability; and forcing managers to use "stack ranking," in which employee performance is graded on a curve. BONUS BITS: Longreads.

P&L 8
article thumbnail

Announcing the Leaders Everywhere Challenge

Harvard Business Review

These two challenges are at the heart of the Leaders Everywhere Challenge, the next stage of the HBR/McKinsey Management Prize. Push down P&L responsibility and give lower level employees a lot more decision-making autonomy.

P&L 8