First Friday Book Synopsis

AUGUST 13, 2011

The Toyota Way Jeffrey Liker McGraw-Hill (2003) To understand Toyota’s success, first understand its DNA I read this book when it was first published in 2004 and recently re-read it, curious to know how well Jeffrey Liker’s explanation of Toyota’s management principles and lean production values have held up.

Lean Production 80

Lean Production Books Review Productivity 80

N2Growth Blog

JULY 6, 2010

Posted on July 7th, 2010 by admin in Leadership , Operations & Strategy , Rants By Mike Myatt , Chief Strategy Officer, N2growth I have read some interesting articles and blog posts of late on the subject of CEO term limits, and felt this topic worthy of discussion.

CEO 287

CEO Blog Long-term Short-term 287

Harvard Business Review

SEPTEMBER 6, 2013

What is more important to company success, a strong external focus on customer experiences or an internal focus on effective and efficient operations? But while such customized services used to be enough to compete effectively, these retailers are now finding they need to improve their operational reliability too.

Customer Intimacy 8

Customer Intimacy Operations Supply Chain Retail 8

Mike Cardus

OCTOBER 20, 2010

Higher results in project teams can come in the initial phase when the project teams have expertise in project management skills.

Team 108

Team Six Sigma Team Building Project 108

Harvard Business Review

APRIL 14, 2017

The reason for that paradox, as the OECD has warned , is that the productivity gap between firms at the global frontier and those lagging behind has widened. Frontier firms are able to employ the most advanced technologies, which in turn allow them to win market share at the expense of their less productive competitors. billion euro.

Innovation 10

Innovation Company Globalization Proposal 10

Harvard Business Review

MARCH 31, 2014

The future of productivity is coming, and it will rely on Artificial Intelligence. developers has long been to help humans be more productive. With the exception of commercial ventures such as Google’s search and related products, the largest known A.I. are tomorrow’s breakthroughs in productivity.

Productivity 9

Productivity Products Technology Learning-by-Doing 9

Michael Lee Stallard

JUNE 5, 2010

In the summer of 2003, the ninety-two year-old Wooden traveled to the White House, where he was awarded the Presidential Medal of Freedom, America’s highest civilian honor. Coach Wooden operated a meritocracy that treated every player fairly. In 1973, he was honored for his achievements as a coach. Military Gamification in Everything?

Follow-up 360

Follow-up Open-book Learning-by-Doing Hotels 360

Harvard Business Review

MAY 9, 2012

Product and business models are evolutionary by nature, but we see four things a young company must get right: The founding team. Unbalanced teams grow more so over time, as like hires like, resulting in an operation with lopsided competencies. Crystal Pepsi; MySpace 2003-2007). The core values. Where the company is located.

Company 16

Company Short-term Engineering PR 16

Harvard Business Review

MAY 19, 2011

To make big improvements in productivity and customer service, people in an organization must collaborate across corporate hierarchies, functions, companies, and geographies. ValuesJam in 2003 gave IBM's workforce the opportunity to redefine the firm's core values for the first time in nearly 100 years.

Process 15

Process Press Release Automotive Globalization 15

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. When the U.S.

Globalization 16

Globalization Golden Parachute Short-term Long-term 16

Harvard Business Review

OCTOBER 1, 2014

Companies based in developed economies can learn much from the Mars mission about competing and operating in emerging markets: Create an audacious, inspiring goal. Emerging economies have the bulk of the world’s population, yet most of them are non-consumers of products and services that we take for granted in the West.

Innovation 9

Innovation Constraint Engineering Automotive 9

Harvard Business Review

NOVEMBER 29, 2013

Its gross domestic product has surged from less than $150 billion in 1978 to $8,227 billion in 2012 (see “China’s GDP” chart below). Foreign investors have flocked to the country’s shores as many of the world’s largest manufacturers have established operations there. percentage points in 2003-2012.

GDP 13

GDP Supply Chain Globalization Technology 13

CO2

JUNE 29, 2010

Nothing gets done in organizations without followers, as they are people closest to the customers and issues, creating the products, taking orders, and collecting payments. Research has consistently shown that more engaged employees are harder working, more productive, and more likely to stay with organizations than those who are disengaged.

Executive Coaching 129

Executive Coaching Execution Blog Self-aware 129

Harvard Business Review

DECEMBER 7, 2010

It's a common assumption that offering more features or developing high-quality products and services is expensive, and that the products of these labors can command premiums. Since it's beginning in 2003, Davide Oldani's Ristorante D'O has managed to stay profitable in a sustained fashion.

Quality 13

Quality Working Capital Price Open-book 13

Chris Brady

FEBRUARY 11, 2011

So those feeling guilty run out and buy hybrid vehicles to assuage their pangs while others fight the urge to 'hate' an ethnic group that gets labelled as hyper-productive and stealing our jobs by being willing to work for peanuts (or, um, rice). There you have it, blame and guilt all wrapped up in the debate.

Banking 110

Banking Price Politics Letter 110

Harvard Business Review

AUGUST 6, 2014

In each iteration, we spent a lot of time thinking about what might make the best use of our existing product. In November 2003, after due diligence, we announced our agreement to purchase 3721 for $120 million. By mid-2004, however, the operation was mired in conflict over control and differences in management style.

Chief Financial Officer 10

Chief Financial Officer Operations Learning-by-Doing IPO 10

Harvard Business Review

AUGUST 5, 2011

But there wasn't much activity until six months later when Mike Karol, vice president of operations, told his managers to make it their responsibility. In 2003, the first year of the program, 5,000 ideas were volunteered. And the Michigan operations received awards from their parent company for this program.

Process 14

Process How To Attrition Operations 14

Harvard Business Review

MAY 9, 2014

General Mills’ CEO recently blamed the winter for less-than-expected earnings , saying that “severe winter weather…disrupted plant operations and logistics…We lost 62 days of production…which hasn’t happened in decades. It might have actually generated increased revenue as well, if it meant operating while competitors couldn’t.

Supply Chain 8

Supply Chain Strategy Risk Management Christensen 8

Harvard Business Review

FEBRUARY 17, 2012

This approach worked relatively well for companies selling standard products in developed markets, but as multinationals transition into truly global organizations relying on emerging markets for growth, it's far from adequate. Instead, they groom future global leaders from the headquarters nation by sending them on overseas appointments.

Globalization 15

Globalization Leadership Development Development Emotional Intelligence 15

Harvard Business Review

MAY 16, 2011

Companies that operate as a collection of silos commit the cardinal sin of underperforming relative to the resources they have invested. At the oil giant BP a few years back, efforts to promote collaboration across the many operating business were so successful that employees over-collaborated. Under-collaboration.

CIO 15

CIO Consensus Bottom-up Organizational Behavior 15

Harvard Business Review

OCTOBER 12, 2015

Traditional rice cookers operate on clear input and output principles—one cup rice, two cups water, thirty-five minutes’ cooking. and away from traditional productivity indicators (number of hours worked, presence in the cubicle). Yes, you read that correctly. Did the employee hit promised targets?)

Commitment 8

Commitment Quality Stress Open-book 8

Harvard Business Review

JULY 28, 2011

In 2002 and 2003, partnering with Catalyst , we took a hard look at ourselves. The brutal facts were that our products were on the shelves of virtually every American home, but our workforce was insufficiently representative of the diverse people we were serving. Perhaps these steps can be helpful to your company, too. ?1.

Diversity 15

Diversity Human Resources How To Mentor 15

Harvard Business Review

MARCH 16, 2016

Cuba has been mired in stagnation for nearly two decades , with the regime unable to generate higher productivity. Cuba currently requires billions of dollars in investment in communication infrastructure, an update to its dilapidated transportation network, and significant capital inflows into key productive sectors.

GDP 8

GDP Telecommunications Scenario Planning Travel 8

Harvard Business Review

APRIL 17, 2017

At the same time, we’re also seeing the decentralization of power production. During this second phase, grid operators frequently have to intervene to keep the electricity grid in balance. For example, in Germany, more than 1.5 In 2015, around 40% of new PV installations were accompanied by a battery. .”

Energy 10

Energy Decentralization Industry Power 10

Harvard Business Review

AUGUST 14, 2012

Leaders need to be productively paranoid. The successful CEOs in our study displayed an odd behavior that we labeled " productive paranoia." Prior to the Oslo terrorist attack, we saw the exact opposite of productive paranoia — a leisurely attitude. As Bill Gates said, "Fear should guide you."

Management 14

Management Licensing Crisis Hedge 14

Harvard Business Review

JULY 13, 2015

However, operating income was $178 million (thus, a measly 0.2% operating margin) which resulted in a $241 million net loss. With “free” expedited shipping, the goal of Prime is unabashedly clear: make Amazon the first-choice retail product provider for consumers. One click assures home delivery in two days or less.

Retail 8

Retail Price Forrester Discount 8

Harvard Business Review

JULY 9, 2014

in 2003, an all-time high. (Of As with any significant shift in the larger business and economic context, it is the duty of the board to exert the required pressure on the CEO and the management of the company to understand and address the impact of digitization on the operations and the long term position of the organization.

Business Model 8

Business Model Technology Long-term Risk Management 8

Harvard Business Review

JANUARY 12, 2017

launched a Software-as-a-Service (SaaS) subscription version of its key product line, Creative Suite, causing its net income to plummet by almost 35% percent the following year. Investors preferred new SaaS products over product conversions and valued having a product fallback option. On April 23, 2012, Adobe Inc.

Business Model 8

Business Model Licensing Company Software 8

Harvard Business Review

APRIL 17, 2018

If an employee comes up with a great new product or a technical discovery during R&D, aren’t they likely to leave the company, either to found a startup or to join a competitor? times more R&D than small companies, but their R&D is 13% more productive — meaning large firms are the real engine of economic growth.

Long-term 10

Long-term Innovation Technology Stage-Gate 10

Harvard Business Review

JUNE 17, 2013

In both C suites and boardrooms, discussions about business performance usually center on topics like market momentum, M&A opportunities, capital management, and productivity enhancements. To align and motivate employees to work together, we eliminated all four centers and created one new streamlined operation in New Jersey.

Company 9

Company Compliance Long-term Short-term 9

Harvard Business Review

DECEMBER 2, 2016

Consistent with the philosophy espoused in HBR way back in 2003 in the article The Myth of Secure Computing , business leaders will need to decide which of their information assets are so valuable that they want to invest a lot to protect them, and which they can’t afford to protect vigorously.

Competitive Advantage 8

Competitive Advantage PR Information Fashion 8

Harvard Business Review

APRIL 4, 2014

for 10+ years; deployment of design as an integrated function across the entire enterprise; evidence that design investments and influence are increasing; clear reporting structure and operating model for design; experienced design executives at the helm directing design activities; and tangible senior leadership-level commitment for design.

Venture Capitalist 8

Venture Capitalist Fashion B2B Hedge 8

Harvard Business Review

FEBRUARY 13, 2013

For agri-food and beverage businesses, fresh water is an essential ingredient in their production process. The Coca-Cola Company has a deep interest in creating sustainable sources of fresh water, as it takes over two liters of water to make one liter of product. Governments are often the stewards of water and regulate its use.

Globalization 10

Globalization Career McKinsey Strategic Planning 10

Harvard Business Review

AUGUST 23, 2013

In a 2003 study of past Fed chairmen Christina Romer and David Romer of the University of California, Berkeley, reckon that a candidate who subscribes to a "sound" framework of basic monetary principles is most likely to do well. But worse, the financial sector no longer serves its proper purpose: to enable productive real-sector investment.

How To 8

How To GDP Finance Policies 8

Harvard Business Review

APRIL 15, 2015

If you think more about industry, you might imagine a mechanical arm programmed to install parts on a production line. By 1973, there were 3,000 industrial robots in operation. By 2003, there were 800,000. If you have dirty floors, you might think of a Roomba. What do these and other robots have in common? Today, more than 1.3

Definition 8

Definition Ethics Industry Automotive 8

Harvard Business Review

MARCH 23, 2011

The timeline showed five improvement initiatives matching the eras of five presidents: Quality Action Teams (1992-1995), Total Cycle Time (1995-2000), Perfect Order (2000-2003), Grainger Performance System (Balanced Scorecard and Six Sigma) (2004-2007), and Lean (2008). Under the guidance of external coaches, the $7.2

Six Sigma 14

Six Sigma TQM Kaizen Balanced Scorecard 14

Harvard Business Review

MARCH 28, 2013

Data promises a lot of new value, from insights that lead to better-targeted advertising, to ideas for new products, to "this changes everything" discoveries — the "expensive" half of Brand's observations. I use the term "proprietary data" after the 2003 HBR classic, "IT Doesn't Matter," by Nicholas Carr.

Competitive Advantage 8

Competitive Advantage Customer Intimacy Supply Chain Retail 8