Harvard Business Review

OCTOBER 17, 2018

Nearly all physicians take on significant leadership responsibilities over the course of their career, but unlike any other occupation where management skills are important, physicians are neither taught how to lead nor are they typically rewarded for good leadership. STOCK4B-RF/Getty Images. Medicine involves leadership.

Training 13

Training Leadership Health Care Education 13

Harvard Business Review

SEPTEMBER 15, 2014

More US bank branches closed in 2013 than ever before. Branches in the US accounted for roughly three-quarters of primary new account openings in 2013. Of course, banking customers do want all the convenience of digital, such as electronic bill payments and instant deposits via smartphone. Finance Internet Retail'

Banking 10

Banking Retail Open-book Finance 10

Harvard Business Review

AUGUST 5, 2014

2013 had all the signs of being a comeback year for venture capital. Yet 2013 annual industry performance data from Cambridge Associates shows that venture capital continues to underperform the S&P 500, NASDAQ and Russell 2000. There are, of course, individual firms that succeed in generating venture rates of return.

Venture Capitalist 18

Venture Capitalist Asset Management Rate of Return Industry 18

Harvard Business Review

JULY 29, 2014

In the July/August issue of HBR , Ram Charan argues that the Chief Human Resources Officer (CHRO) role should be eliminated, with HR responsibilities funneled in two separate directions — administration , led by traditional HR-types, reporting to the CFO; and talent strategy , led by high-potential line managers, reporting to the corner office.

CFO 12

CFO Charan Intangible Assets Human Resources 12

Harvard Business Review

DECEMBER 26, 2013

You move out of your comfort zone, away from the known, and at every step you have to stop, reevaluate, and recalibrate your course. Vision” implies you have a view of exactly where you want to go and you chart a course accordingly, like plotting a journey on a map, a straightforward road with no distractions, roadblocks or alternate routes.

Venture Capitalist 11

Venture Capitalist Conference CRM Career 11

Harvard Business Review

OCTOBER 4, 2013

This of course begs the question: is this self-inflicted inter-domain complexity a problem? Ironically, we are crummy at dealing with it because of the predominance of narrow knowledge siloes – which are of course the self-same knowledge siloes that created the inter-domain complexity in the first place. Should we be worried about it?

Finance 8

Finance Education Drucker Marketing 8

Harvard Business Review

JANUARY 8, 2014

Fama is convinced that financial bubbles don’t exist, and until the dot-com era he was able to keep most of his colleagues in academic finance from even using the word “bubble.” Fisher is of course infamous for declaring in 1929 that stock prices were not in a bubble but atop a “permanently high plateau.”

Price 8

Price Finance Definition Uncertainty 8

Harvard Business Review

MARCH 21, 2018

When Toby Johnson was 24 years old, the Army pilot was in charge of eight $30 million Apache helicopters, plus the 30 people who managed them — more responsibility than any of her friends in the private sector. Today, she’s a VP and General Manager for a prominent Fortune 500 corporation.

Career 12

Career Skills Real Estate Learning-by-Doing 12

Harvard Business Review

MAY 26, 2014

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. To his surprise, the sales team was relieved; they had been micro-managed.

Leadership 8

Leadership Leadership Pipeline Loyalty CEO 8

Harvard Business Review

APRIL 16, 2015

This, of course, raises an obvious question: Why are so few CEOs skilled at capital allocation? As the chart below shows, only half of the CEOs of companies in the Dow Jones Index have previous experience in corporate finance or strategy. Financial analysis Financial management' The results are shown in exhibit 1.

CEO 8

CEO ROIC Cost of Capital Merton 8

Harvard Business Review

MARCH 31, 2014

For example, the UN informs us that over the course of the 21 st century, Africa’s share of the world’s population will nearly double, from 13.1 But as good managers have discovered in so many realms of human need, pure philanthropy is not the only means for addressing social challenges. Change is underway but we must speed things up.

GDP 8

GDP Education Finance Globalization 8

Harvard Business Review

APRIL 28, 2015

For example, I once helped survey US global money managers. Spending time early in your career in a frontier market has a lasting impact on all your subsequent management decisions. Of course, it helps you understand those foreign markets. Since 2013, BizCorps has placed top MBAs in Columbia and Kenya.

Marketing 8

Marketing Career Wireless Decentralization 8

Harvard Business Review

AUGUST 23, 2012

For highly regulated sectors like finance, social media can be a legal minefield. By the end of 2013, Gartner research estimates half of all companies will have to produce social media records for e-discovery. Employees don't need to track all that activity by hand, of course.

Compliance 15

Compliance Media Compliance Officer Policies 15

Harvard Business Review

JANUARY 12, 2018

Does a robot manage your money? A study by Deloitte estimated that “assets under automated management” (including hybrid offerings) in the U.S. This would represent between 10% and 15% of total retail financial assets under management. Kearney predicts that assets under “robo-management” will total $2.2

Consultative 8

Consultative Strategy Advice McKinsey 8

Harvard Business Review

FEBRUARY 10, 2015

Not surprisingly, the particular aspects of managing human capital that are most important vary by sector. For example, in the standalone human capital report from Deutsche Bank (2013), the bank showed trends in its investment in training — and in 2013 investment went down.

Human Capital 8

Human Capital CFO Banking Report 8

Harvard Business Review

OCTOBER 24, 2014

The dissertation became a book, titled What Happened to Goldman Sachs: An Insider’s Story of Organizational Drift and Its Unintended Consequences (HBR Press, 2013). That’s something, but the bulk of the loss was of course borne by shareholders. And what happened to the compensation of the typical JP Morgan managing director?

Banking 9

Banking Ethics Long-term Hedge 9

Harvard Business Review

FEBRUARY 6, 2013

Predictions are that 2013 will be even more active as companies that have stockpiled cash look to invest in new growth opportunities. And of course some of these fail spectacularly and end up hurting more than helping. What you as a manager can do, however, is prepare. And this was a slow year.

Compliance 8

Compliance Resources Consultative Document 8

Harvard Business Review

JUNE 8, 2016

As I write about in my new book, Under New Management , an increasing number of company leaders are outlawing or at least restricting email. He’s a middle-aged former minister of finance for France and a former professor at Harvard Business School. Of course, Atos didn’t ban electronic communication outright.

Company 8

Company Stress Participative Wilde 8

Harvard Business Review

NOVEMBER 25, 2013

Just 36 percent of CMOs, for example, have quantitatively proven the short-term impact of marketing spend, according to the 2013 CMO Survey (and for demonstrating long-term impact, that figure drops to 32 percent). This lack of an analytical approach has traditionally formed a barrier between marketing and finance.

CFO 8

CFO Short-term Long-term Benchmarking 8

Harvard Business Review

FEBRUARY 9, 2015

Its directors have turned over many times, of course, but Trian Fund Management, led by activist Nelson Peltz, is pressing for far more than a routine remake, demanding four seats of its own choosing at the table. ” Former CEOs bring a lot, he has found, as do experts on risk management. Here’s why.

Airlines 8

Airlines CEO Automotive Long-term 8

Harvard Business Review

OCTOBER 28, 2014

Concerns that it wouldn’t have enough cash to finance its holiday stock has apparently led to the company to sell real estate, spin off its Lands’ End brand, and raise $625 million in unsecured loans and equity warrants. Army uses after-action reviews to change course, as the Pascale article explains in excellent detail.

Retail 9

Retail Quinn Real Estate Apparel 9

Harvard Business Review

JANUARY 12, 2017

For example, in 2014 IDC estimated that more than one-quarter of enterprise applications would be offered with the SaaS model by 2018, up from one-sixth in 2013. On the first point, of course, running two business models in parallel implies duplication of resources and can lead to the growth of the SaaS model being hindered.

Business Model 8

Business Model Licensing Company Software 8

Harvard Business Review

OCTOBER 27, 2014

billion in 2013, making him the fifth highest-paid fund manager in the land. After using borrowed money in the 1980s and 1990s, then opening up a hedge fund in 2004, he has since 2011 basically just been managing his own money. As long as he gets the last laugh, of course. Apple Finance Skill vs. luck'

Hedge 8

Hedge Venture Capitalist Letter Reputation 8

Harvard Business Review

MAY 15, 2013

Beginning May 1, 2013, I facilitated a discussion around this question on LinkedIn. The problem, of course, is that organizational immune systems also can attack agents of needed change, and this has important implications for on-boarding and integrating people into organizations. finance vs. marketing) and units (e.g.

Incentives 8

Incentives Definition Pharmaceuticals System 8

Harvard Business Review

DECEMBER 20, 2016

I’ve found that managers who fully embrace a superconsumer strategy learn more from their consumers through increased empathy. These managers are more persuasive at getting buy-in from the leaders in their organization, make better strategic decisions, and achieve more stable, more predictable, and longer-term growth.

Airlines 8

Airlines Energy Self-aware Learning Curve 8

Harvard Business Review

FEBRUARY 19, 2015

” It’s a question only you can answer, of course. Kate had had a taste of entrepreneurial life — she was on the management team of ArtusLabs, the North Carolina-based software company that was bought by PerkinElmer in 2011 — and knew how “exciting it was to work at a start-up.”

Project 8

Project Outsourcing Learning-by-Doing Commitment 8

Harvard Business Review

OCTOBER 8, 2018

We’ve been teaching and testing Microsoft Excel for a decade, and a survey of several hundred office staff we ran suggests we spend more than 10% of our working lives spreadsheeting , and for those working in research and development or finance, it’s more like 30%, or 2.5 hours a day. Help your employees be more data-savvy.

Bottom-up 15

Bottom-up Productivity Products Learning-by-Doing 15

Harvard Business Review

JUNE 23, 2015

of course). But by 2013, Linkin Park and Machine Shop had to address the fact that digital music (first downloads and then streaming) had changed the business dramatically. I had experience in marketing, business, and finance — all of it outside the traditional music business. We also looked beyond music for insights.

Business Model 8

Business Model Merchandising Restructuring Fashion 8

Harvard Business Review

DECEMBER 12, 2016

Of course, there is no one-size-fits-all solution for measuring outcomes, and all providers must make specific tweaks in order to make it work for them. You need to have senior management that really understands what value-based health care (VBHC) is all about. Get Institutional Commitment. Insight Center. Sponsored by Medtronic.

Health Care 8

Health Care Committee Compliance Project 8

Harvard Business Review

MARCH 31, 2016

Studying these successes and failures, we’ve identified half a dozen key reasons platforms fail, all of which boil down to managers’ misunderstanding of how platforms operate and compete. Steve Jobs failed miserably at managing openness at Apple in the 1980s. Let’s look at the key errors. Insight Center.

Participative 8

Participative Software Market Penetration Marketing 8

Harvard Business Review

JANUARY 25, 2016

They were carefully chosen, of course. Every manager, male or female, saw the difference very fast, without any preaching on my part. Most companies and managers think they speak in gender-neutral, “meritocratic” terms equally comprehensible and motivating to everyone. So far, so good. He’d thought it was nice!

Company 8

Company Advertising Market Segmentation Mass Marketing 8

Harvard Business Review

SEPTEMBER 10, 2015

As a result, tech-sector employment has declined as a percent of the workforce, from 11% in 2006–2008 to 9% in 2013. billion in 2013. To answer these questions, we built a database of 112 Israeli companies founded between 1996 and 2013 that have met or exceeded $20 million in revenue. But is all of that changing?

Venture Capitalist 8

Venture Capitalist Entrepreneur Marketing IPO 8

Harvard Business Review

MARCH 15, 2017

The genetic testing in question would be financed as an administrative cost, rather than as a regular medical claim, and would be for the benefit of the employer, not to inform the confidential doctor-patient relationship. If employers can manage employee risk, the conventional wisdom goes, they can save money.

Insurance 9

Insurance Committee Power Cost 9

Harvard Business Review

JUNE 7, 2013

Better Place would then use these multi-year contracts to finance its infrastructure investments and battery depreciation. By May 2013 it had sold fewer than 3,000 vehicles. Part of this time was spent, wisely, in perfecting the technologies (battery switch, network management, in-car intelligence) that would make the system run.

Mass Marketing 8

Mass Marketing Transportation Depreciation Short-term 8

Harvard Business Review

NOVEMBER 16, 2016

Specifically, it has allowed for significant expansion of insurance coverage and it is accelerating the move from a financing system that pays for the volume of services provided to one that rewards care providers for delivering higher-quality care. The ACA legislation addressed this by establishing different financing models.

Insurance 8

Insurance Health Care Incentives Cost 8

Harvard Business Review

MARCH 30, 2017

Of course, the ACA (or Obamacare) remains a flawed law. These payment changes should be accelerated so that providers have a clear direction on where financing of health care is heading. As care providers make this shift, a dramatic change in operational and management systems will need to happen.

Health Care 8

Health Care Insurance Price Cost 8