Leading Blog

FEBRUARY 19, 2014

I was struck not only by their disciplined approach but also by their freedom to discover, develop and design within broad operating parameters—conditions I did not typically associate with large, for-profit corporations. Several years ago, I had the privilege of spending a summer at Abbott Laboratories in North Chicago as a PhRMA Fellow.

Decentralization 284

Decentralization Organizational Behavior Short-term Public Relations 284

The Horizons Tracker

FEBRUARY 12, 2020

Fossil fuel subsidies are hugely important, as they amounted to nearly $5 trillion around the world in 2013, or 6.5% Indeed, if the right incentives aren’t present, it could even result in more energy usage as better managed firms tend to use energy more efficiently. Driving change. of global GDP.

Energy 92

Energy Quality Banking GDP 92

Chart Your Course

MARCH 18, 2013

The economy continues to improve with increased job creation in 2013. They host job fairs, place advertisements or offer current employees incentives for bringing in new hires. Here are six rules to hire by: Develop clear, detailed job descriptions. Develop your interview questions in advance. Meanwhile the U.S.

Reference 174

Reference Insurance Delegation Incentives 174

The Horizons Tracker

JUNE 26, 2022

In Oxford’s Michael Osborne and Carl Benedikt Frey’s hugely influential 2013 paper looking at the likelihood of automation for various professions, truck driving was one of the professions that were projected to be automated in double-quick time. million people employed as long-haul truck drivers in the U.S.

Osborne 78

Osborne Transportation Operations Hedge 78

HR Digest

AUGUST 24, 2023

One approach is reskilling, which involves providing training and development programs to equip older workers with the necessary skills for evolving job roles. In 2013, Japan raised the retirement age from 60 to 65, allowing employees to continue working if they choose to do so. What can Japan do to solve its labor shortage?

Crisis 52

Crisis Chemicals Policies Trends 52

Great Leadership By Dan

SEPTEMBER 19, 2013

Though the financial incentives were more than generous, giving up control over an enterprise that we had patiently built from scratch was not an easy decision. What clinched the deal for me was the almost instant friendship I had developed with the CEO of the acquiring company.

Venture Capitalist 294

Venture Capitalist Leadership CEO Commitment 294

Skip Prichard

JUNE 3, 2020

If you want to learn how to develop an experimentation organization, read on. Managers are no exception, especially when incentives favor finding causal relationships between variables that are difficult to measure, such as changes in leadership style and team performance. I enjoyed my discussion about all things experimentation. “If

Power 95

Power Kahneman Open-book Learning-by-Doing 95

Strategy Driven

NOVEMBER 13, 2013

Product development has been a little slow for a while. These days, most of your product developments are minor enhancements that don’t yield better margins. Make innovation the number one goal in the company (read: big incentives for achieving innovation goals). Develop a new model for the sales person of the future.

Price 92

Price Innovation Incentives Learning-by-Doing 92

Harvard Business Review

NOVEMBER 12, 2018

Meanwhile, in a survey of 89 institutional investors by Callan , 43% of respondents said they incorporate sustainability factors into their investment decisions — up 21 percentage points from 2013. The UN, for example, has outlined 17 broad Sustainable Development Goals for 2030. Progress is measured with 169 targets.

Execution 10

Execution Incentives How To Committee 10

Harvard Business Review

AUGUST 17, 2017

Many of them responded by including quality metrics in their compensation incentives. Rather than aiming at all 17 of the United Nations’ Sustainable Development Goals , for example, companies will likely tailor their sustainability efforts to their commercial priorities. It was an ambitious but concrete plan.

Execution 12

Execution Metrics Long-term Incentives 12

Strategy Driven

OCTOBER 3, 2013

Developing a culture of caring within your organization to engage your employees is vital to the strategy to drive success to your business. But what they don’t realize is that they are damaging the business by failing to develop staff. Copyright 2007-2013 by StrategyDriven Enterprises, LLC. Consider leaving a comment!

Motivation 59

Motivation Environment Servant Leader Competitive Advantage 59

Harvard Business Review

NOVEMBER 30, 2017

In fact, MGI analysis of financial data shows that large publicly traded US manufacturing firms, most of them multinationals with revenues greater than $500 million, averaged returns on invested capital of 22% from 1997 to 2013. Policy can help through measures like capital access programs, business accelerators, or tax incentives.

Supply Chain 8

Supply Chain McKinsey Incentives Bottom-up 8

Strategy Driven

DECEMBER 2, 2013

I have several products that I’d like to develop sales channels for, but I’m not sure where to begin effectively. You must attract them with reputation, range of salary and incentives, and social proof that you’re great. Copyright 2007-2013 by StrategyDriven Enterprises, LLC. Rob, Chief Cook and Bottle Washer.

Real Estate 50

Real Estate CRM Ryan Open-book 50

Harvard Business Review

FEBRUARY 10, 2015

Similarly, trust erosion triggered by Edward Snowden’s revelations of government surveillance in mid-2013 are estimated to have cost U.S. At the same time, several technology platforms that do not collect or share personal data have emerged since mid-2013. In 2013 alone, this app drove $500 million in revenue for its partners.

Telecommunications 8

Telecommunications Cost-Benefit Analysis Reputation Survey 8

Harvard Business Review

JANUARY 19, 2015

Sometimes, they also hope to develop a content management system that other publishers can license and use to distribute their content. Making these hybrids work over the long term is difficult, because their incentives work against each other. Platform and publisher incentives are better aligned when a platform is new.

Business Model 8

Business Model Content Incentives Audience 8

Harvard Business Review

MAY 15, 2013

This is a problem, because without a reasonable definition (or definitions) of culture, we cannot hope to understand its connections to other key elements of the organization, such as structure and incentive systems. Nor can we develop good approaches to analyzing, preserving and transforming cultures.

Incentives 8

Incentives Definition Pharmaceuticals System 8

Harvard Business Review

JULY 25, 2017

It may seem that the employers of such low-wage workers — who focus mainly on keeping costs down in order to survive in a relentlessly competitive industry — would have no incentive to provide such training or resources for personal development.

Company 10

Company Training Bottom-up Rate of Return 10

Harvard Business Review

NOVEMBER 4, 2014

Take Sovaldi, launched by Gilead Sciences in late 2013 as a treatment for hepatitis C virus (HCV) infection and recently superseded by Gilead’s newest drug, Harvoni. To illustrate the problem, let’s start with an example from October 2013, when Express Scripts decided to exclude 46 drugs from its formulary. Even the U.S. Even the U.S.

Cost 8

Cost Committee Insurance Health Care 8

Harvard Business Review

NOVEMBER 4, 2014

Take Sovaldi, launched by Gilead Sciences in late 2013 as a treatment for hepatitis C virus (HCV) infection and recently superseded by Gilead’s newest drug, Harvoni. To illustrate the problem, let’s start with an example from October 2013, when Express Scripts decided to exclude 46 drugs from its formulary. Even the U.S. Even the U.S.

Cost 8

Cost Committee Insurance Health Care 8

Harvard Business Review

JANUARY 20, 2016

In the summer of 2013, Rolling Stone published a long article titled “Goodbye, Miami,” which claimed that climate change will submerge much of the titular city. Asset owners and investors thus have clear information about the strong incentive to adapt to this emerging risk. The answer varies by location.

Real Estate 8

Real Estate Parcell Incentives Human Capital 8

Harvard Business Review

MAY 26, 2014

Four dynamics are driving this new era of health care innovation: Finally, there is a financial incentive to innovate. billion in 2013, up 39% from 2012. All of these developments spell the dawn of an exciting new era for entrepreneurs, techies, investors, clinicians, and, last but not least, patients.

Health Care 8

Health Care Venture Funding Entrepreneur Pharmaceuticals 8

Harvard Business Review

DECEMBER 22, 2015

Examples include the meaningful use program, which offers incentives to providers for using electronic health records; a major effort on referral management to ensure better integration between departments; and patient engagement efforts including eConsults, virtual visits, and collection of patient-reported outcomes. Newborn Medicine.

Health Care 8

Health Care Metrics Document Incubator 8

Harvard Business Review

MAY 13, 2013

It is what many countries around the world aspire to, what economists recommend, and what international agencies such as the IMF and World Bank encourage developing and emerging economies around the world to adopt. While incentives and control are center-stage in conventional economics, commitment is not. Even in the U.S.,

Hostile Takeover 8

Hostile Takeover Commitment Banking Incentives 8

Harvard Business Review

APRIL 4, 2014

System-wide revenue for 2013 was $350 million – seven times revenue for 2005. By the end of 2010, they found that incentive bonuses did have a minor impact on growth but that as soon as they were discontinued, sales dropped again. By mid-2013, the company was chugging along at a $200 million annual revenue rate.

Strategy 8

Strategy Wireless Company Retail 8

Harvard Business Review

JANUARY 3, 2014

In June 2013, some Harvard Business School classmates and I launched a social enterprise ( WAVE: West Africa Vocational Education ) targeted at the youth unemployment issue. By finding high potential candidates early, companies can develop them for many years before bringing them onboard. Align Culture and Incentives.

Training 8

Training Company Metrics Real Estate 8

Harvard Business Review

JULY 15, 2015

Similarly, the percentage of people who have used Twitter for customer service leapt nearly 70%, from 22 to 37% from 2013-14. Small incentives (such as discounts or coupons) can encourage customers to provide this information. Companies have to develop guidelines for how to act when a particular event occurs. decline).

CRM 8

CRM Company Airlines Guidelines 8

Harvard Business Review

JANUARY 22, 2014

That was my worry during the seemingly interminable period that separated my final revisions to Unbalanced: The Codependency of America and China , submitted in August 2013, and the actual publication date in late January 2014. But it’s a development that America may not be prepared for.

Proposal 8

Proposal Politics Long-term Restructuring 8

Harvard Business Review

AUGUST 17, 2015

When you put all these pieces together around education and health care, it’s clear that Cuba is likely a champion of investment in the development of human capital—but for the last 50 years it has an extremely low economic return on this investment. It turns incentives about acquiring skills upside down. In 2013 in U.S.

Biotechnology 8

Biotechnology Tourism Human Capital Pharmaceuticals 8

Harvard Business Review

NOVEMBER 4, 2014

In 2013, the company released a service called Virtual Technician to help existing drivers while also enabling new business models and revenue streams. It takes strong top-down leadership — a combination of persuasion, incentives, mandates, and examples — to make this kind of change happen.

Engineering 9

Engineering CIO Disruptive Innovation Uncertainty 9

Harvard Business Review

NOVEMBER 4, 2014

In 2013, the company released a service called Virtual Technician to help existing drivers while also enabling new business models and revenue streams. It takes strong top-down leadership — a combination of persuasion, incentives, mandates, and examples — to make this kind of change happen.

Engineering 9

Engineering CIO Disruptive Innovation Uncertainty 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. Dynatrace, a leader in application performance management software, has shown the importance of developing SaaS products from scratch, in isolation of existing product lines.

Business Model 8

Business Model Licensing Company Software 8

Harvard Business Review

APRIL 9, 2013

embarked on a quest to develop the ultimate patch to the nasty bugs of humanity." Noisebridge photo by Dylan Hendricks, 2013. Every day brings a fresh horde of visitors — business executives, overseas dignitaries, researchers, and journalists — trying to discover what makes Silicon Valley tick.

Venture Capitalist 9

Venture Capitalist Innovation Incubator Learning-by-Doing 9

Harvard Business Review

AUGUST 5, 2014

McKinsey’s DataMatics 2013 survey shows that companies that use customer analytics extensively are more than twice as likely to generate above-average profits as those that don’t. Such a partnership is also helpful in establishing the right performance incentives. And that really is on the backs of marketing.”

P&L 11

P&L Banking Marketing Call Center 11

Harvard Business Review

SEPTEMBER 16, 2014

First, it is hard to see the historical development of US income taxation as a gradual evolution. I have inflated all the incomes to 2013 dollars to make comparisons more easily understood. If it is the former, they will be taxed more highly as unworthy rentiers and there will be little concern for incentive effects.

System 8

System Incentives Hedge Crisis 8

Harvard Business Review

OCTOBER 30, 2013

Sena, a supervisor in a company that sells credit to the upcoming Brazilian middle class, thinks corporations underplay this element and rely too much on the motivational power of financial incentives. Leaders have a large degree of autonomy and consequently develop the sense of ownership crucial to success.

Teamwork 9

Teamwork Absenteeism Class Motivation 9

Harvard Business Review

OCTOBER 13, 2014

The global sharing economy market was valued at $26 billion in 2013 and some predict it will grow to become a $110 billion revenue market in the coming years, making it larger than the U.S. This is particularly unfortunate since the incentives of city governments and sharing economy firms are often aligned. chain restaurant industry.

Business Model 9

Business Model Hotels Venture Capitalist Transportation 9

Harvard Business Review

MAY 20, 2015

In 2013, at the U.S. ” The Japanese conglomerate Hitachi has developed a wearable badge that tracks where a company’s employees are, who they are interacting with, and what they are doing in order to calculate how people and teams are interacting. In all likelihood, many probably won’t.

Company 8

Company Long-term Bureaucracy Taylorism 8