Remove 2001 Remove Loyalty Remove Management Remove Operations
article thumbnail

Where There’s No Margin for Toxic Leadership

Harvard Business Review

But building a consistently strong top leadership team is difficult for at least three reasons: the tendency to be loyal to existing members, the lack of management depth to promote from, and many CEOs’ lack of experience in many functional areas. Back in 2001, it was growing rapidly. But when it’s a team of six?

article thumbnail

Meet Your Company's New Chief Customer Officer

Harvard Business Review

In his research, he reports that these individuals typically have extensive sales, marketing and operational backgrounds. They manage preference centers, they use propensity models to define and meet customer needs, and they leverage tools to recognize customers across channels and devices. Get operational expertise, and fast.

Company 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

How One Fast-Food Chain Keeps Its Turnover Rates Absurdly Low

Harvard Business Review

But in a world where most companies don’t operate on the frontiers of digital transformation, and most employees aren’t tech geeks or app developers, our appetite for unconventional talent strategies should probably extend to more conventional parts of the economy. Annual turnover among assistant managers is 1.4

article thumbnail

Morning Advantage: The Difference Between Good Leaders and Great Leaders

Harvard Business Review

In a word: loyalty. Gleeson writes that the best managers are those who hire responsibly, and then support the people they hire. Joffe-Walt says that for now, you’re going to have to operate, basically, like a drug dealer. That’s according to Brent Gleeson at Inc. So what’s a would-be weed distributor to do?

article thumbnail

Case Study: Time for a Unified Campaign?

Harvard Business Review

She led him down a long corridor to a door marked "Hotel Manager." Palma Cay is Alegre's newest flagship hotel, and I think I can make it work with lower prices to the key travel agencies, tour operators, and online portals. Since 2001, when she'd arrived at the company, she'd turned around two hotels. How is it going?".

article thumbnail

The Big Picture of Business – Business Lessons to be Learned from the Enron Scandal

Strategy Driven

The Enron scandals of 2001 and 2002 focused only upon cooked books audit committees and deal making. It was very ‘old school’ (a management style that was 40 years obsolete), though it pretended to be ‘new school.’ It charged too much money and got away with it (because mid-managers but brand names of firms).