Harvard Business Review

JULY 17, 2017

When I ask students graduating from Harvard Business School what they’re doing next, I often get some version of “I’m going into finance but…” Then they quickly explain that finance is just a way station on the route to nobler goals. These are rich questions that do not yield to simple analysis.

Finance 8

Finance Insurance Career Reputation 8

Harvard Business Review

DECEMBER 8, 2015

More than once you’ve probably looked at some new digital or technological development and asked yourself, “How did we miss that?” My 2016 trends offer early warnings and opportunities for managers in all industries. Here are eight to note for 2016. HR managers can use bots to train employees.

Trends 8

Trends Film Technology Software 8

Strategy Driven

MAY 6, 2016

If you work for a small firm or a giant organization, in fashion or finance, in Texas or Tanzania, you are competing in a ruthless, globe-spanning Expectation Economy. Change – environmental, political, social, cultural, technological, economic – is occurring constantly. Copyright 2007-2016 by StrategyDriven Enterprises, LLC.

Trends 50

Trends Supply Chain Innovation Human Needs 50

Harvard Business Review

APRIL 5, 2018

Over the past few decades, Silicon Valley has been such a powerful engine for entrepreneurship in technology that, all too often, it is considered to be some kind of panacea. The Silicon Valley model, for all of its charms, was developed at a specific time, for a specific industry, which was developing a specific set of technologies.

Technology 8

Technology Venture Funding Venture Capitalist Entrepreneur 8

Harvard Business Review

JULY 11, 2017

Doing digital M&A right means upending the way most companies approach financing, due diligence, and merger integration. Let’s start with financing the deal. Sponsored by DXC Technology. Meanwhile, because digital targets tend to be expensive, acquirers are limited in their ability to use stock to finance a deal.

Due Diligence 8

Due Diligence Company Learning Curve Finance 8

Harvard Business Review

AUGUST 28, 2017

While it’s clear that CEOs need to consider AI’s business implications, the technology’s nascence in business settings makes it less clear how to profitably employ it. While investment in AI is heating up, corporate adoption of AI technologies is still lagging.

Survey 12

Survey Execution First-mover Advantage Technology 12

Harvard Business Review

JULY 17, 2018

In my view, however, the structure and processes of the GE board were poorly designed for effectively overseeing Immelt and his management team. The Board Had No Finance Committee. GE’s board had another major structural defect: It lacked a finance committee. There were three problems in particular: The Board Was Too Big.

Committee 8

Committee Welch Finance Participative 8

Harvard Business Review

DECEMBER 4, 2018

The ones that manage to escape are discount chains —such as T. And so Harry’s has been growing 35% year-on-year between 2014 to 2016, three times faster than the industry average , commanding 9% of all online razor sales. Penney, and Barnes & Noble. Maxx and Marshalls—which compete aggressively on price.

Brand 11

Brand Retail Incubator Merchandising 11

Harvard Business Review

OCTOBER 24, 2016

Small startup firms are already developing proprietary technologies — such as machine vision, deep learning, and other innovations —– that could help large investors evaluate opportunities and risks with far greater accuracy and efficiency than was previously possible. But right now that’s not happening.

Operations 8

Operations Intangible Assets Venture Capitalist Hedge 8

Harvard Business Review

APRIL 14, 2017

Even the near-term outlook has been quite negative: A 2016 report by the Organization for Economic Cooperation and Development (OECD) said 9% of jobs in the 21 countries that make up its membership could be automated. Could Liberate 50% of Managers' Time. Disclosure: Microsoft is a TCS client.). Related Video.

Company 13

Company Survey Finance Engineering 13

Harvard Business Review

JUNE 1, 2016

In manufacturing, leaders invest in plant, property, and equipment and carefully manage production and inventory. Jeffrey Immelt, CEO of GE, started off 2016 by saying : “We can’t be an industrial company anymore. In consulting, leaders invest in hiring and training people and then carefully track how they use their time.

Business Model 8

Business Model Industry Metrics Budgeting 8

HR Digest

JULY 29, 2020

If you analyze functions like finance, IT, and marketing you will find common drivers of success. According to Deloitte’s Global Human Capital Trends 2016 , “As technology makes data-driven HR decision-making a possibility, 77 percent of executives now rate people analytics as a key priority, up slightly from last year.

Attrition 98

Attrition Talent Management Agility Innovation 98

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

AUGUST 17, 2017

Yet progress within organizations has been slow – there is still a lack of women and minorities in leadership positions, and certain industries like tech and finance are lacking diversity at all levels. Susan Wojcicki (YouTube) asks managers for updates on their numbers around diversity. And many diversity programs fail.

Diversity 8

Diversity CEO Rogers Leadership Pipeline 8

Harvard Business Review

DECEMBER 7, 2017

These two trends may seem separate—or, some people believe, incompatible—but together I believe they have the power to improve finance’s role in the world. It is tough to beat the market and over long periods of time indexing has been shown to outperform most active managers.

Supply Chain 8

Supply Chain Asset Management Chemicals Long-term 8

Harvard Business Review

OCTOBER 30, 2018

Most modern health care improvements seem to involve expensive technology and an uncomfortable amount of change management. When they got back to Rotterdam Eye Hospital, the managers asked themselves why couldn’t they add a similar feature to their own “team-start” huddles? Kelly Sillaste/Getty Images.

Health Care 8

Health Care Stress Morale Airlines 8

Harvard Business Review

SEPTEMBER 22, 2016

That’s the research firm IDC’s estimate of the size of the big data market, worldwide, in 2016. trillion , IBM’s estimate of the yearly cost of poor quality data, in the US alone, in 2016. ” Senior executives hedge their plans because they don’t trust the numbers from finance.

Cost 8

Cost Hedge Quality Finance 8

Harvard Business Review

MARCH 23, 2016

Andy, of course, had already shown his interest in academia much earlier by writing a widely used textbook on semiconductor technology and teaching that subject at Berkeley. Plus he had already contributed to the business literature with his best-selling book High Output Management (1983). Here is the last one that helped me.

EVA 8

EVA Case Study Class Gordon 8

Harvard Business Review

FEBRUARY 23, 2018

I have interviewed over 100 CEOs, C-suite executives, middle managers, and shop floor workers in more than 25 companies across the world to understand why most companies fail to embed sustainability in their business models and, also, what drives success among the handful that do. billion, prompting them to revisit the goal.

Incubator 10

Incubator How To Real Estate Business Model 10

Harvard Business Review

MAY 31, 2018

In 2016, socially responsible investing made up more than one out of every four invested dollars under professional management. ” In light of this, we think the pressing question isn’t whether managers and CEOs should care about advancing society’s goals, but how they do so most effectively.

Company 10

Company Decentralization Long-term Operations 10

Harvard Business Review

AUGUST 30, 2017

market , and still has a large cash hoard for investment from its last financing round at a valuation of $68 billion, making it the highest-valued unicorn in the history of business. The history of internet-based technology platform businesses shows that in the growth phase, rapid losses of position are possible.

CEO 13

CEO IPO Energy COO 13

Harvard Business Review

NOVEMBER 20, 2017

The immediate emotional response may be to wait until all the details are available and carefully messaged, but it is negligent to withhold information that could help people keep their data and finances safe. It appears Whole Foods had a plan in place as the company reported its most recent breach five days after detection.

Execution 8

Execution Press Release Report Reputation 8

Harvard Business Review

MAY 5, 2016

and European companies restricting their presence in Iran or exiting the market altogether — and they continue to dampen foreign direct investment prospects in 2016. sanctions are delaying these projects being financed. But managing expectations about the country’s trajectory is crucial for building an effective strategy.

Tourism 8

Tourism Banking Due Diligence Hotels 8

Harvard Business Review

MARCH 30, 2017

In 1980, Jim Baron, now a professor at the Yale School of Management, and William Bielby, now a professor at the University of Illinois, published a seminal article on firms and inequality. Since that time, however, the U.S. has transitioned to a market-oriented system of employment. Presently, many U.S.

Marketing 8

Marketing Short-term Incentives Long-term 8

Harvard Business Review

DECEMBER 15, 2015

By January 1, 2015, all state-based marketplaces were expected to replace federal funding with state-level financing. Technological challenges. Some technological challenges remain for all marketplaces in 2015, but in Rhode Island we have largely worked through them. We will continue to strive for improvements in 2016.

Insurance 8

Insurance Health Care Cost Learning-by-Doing 8

HR Digest

JANUARY 7, 2020

A 2016 report from the International Commission on Financing Global Education Opportunity estimates that 30 percent of young adults will not graduate from secondary school with the skills they need to hold most jobs in the digital world. A growing number of business leaders see the value of upskilling, but there’s much to be done.

Diversity 111

Diversity Education Supply Chain Learning-by-Doing 111

Harvard Business Review

DECEMBER 12, 2016

Consider Pokemon Go, the viral sensation of Summer 2016 and the most popular smartphone game in history. The examples below seem to suggest that a company must stay true to its DNA, but has a lot of room to express that DNA in new ways whether in external strategy or internal management.

How To 8

How To Decentralization Environment Collins 8

Harvard Business Review

MAY 8, 2017

Transformational CEOs Tend to be “Insider Outsiders” The list is topped by companies headed by visionary founders with no prior experience in their industries; Jeff Bezos came from the world of finance, and Reed Hastings from software. TEO Ming Kian , Director at Temasek and Chairman at Vertex Holdings.

Franchising 15

Franchising CEO Business Model Strategy 15

HR Digest

MARCH 11, 2020

Changing technology and a dismal job and economic scenario have forced many companies to tighten their budgetary belt. It is the mid-segment executives that were handling the finance, accounting, sales, and administrative jobs that are finding themselves left out in the cold with applications softwares taking over their careers.

Resources 52

Resources Maturity Diversity Career 52

Harvard Business Review

MARCH 16, 2017

Ninety percent of businesses responding to the International Chamber of Commerce’s 2016 Global Survey on Trade Finance pointed to anti-money laundering as the most significant impediment to trade. How Blockchain Works Here are five basic principles underlying the technology. How technology is transforming transactions.

Document 11

Document Decentralization Banking Insurance 11

Harvard Business Review

NOVEMBER 10, 2017

Intense pressure from the $719 billion Medicare program on the finances of U.S. About three-fourths of short-term acute-care hospitals lost money treating Medicare patients in 2016, according to the Medicare Payment Advisory Commission (MedPAC), an independent agency established to advise the U.S. Jorg Greuel/Getty Images.

Cost 8

Cost Consensus Budgeting System 8

Harvard Business Review

APRIL 10, 2018

For example, firms with better-connected CEOs can obtain cheaper financing , and firms with well-connected board directors see better performance. Our study , published in the Journal of Corporate Finance, found that CEOs with strong connections to people of different demographic backgrounds and skill sets create higher firm value.

Diversity 10

Diversity CEO Sample Financial Leverage 10

Harvard Business Review

AUGUST 21, 2017

It wasn’t until I moved to Paris in 1997 to become Finance Manager for Disney Consumer Products Europe, Middle East, and Africa that I experienced someone setting a non-negotiable boundary for herself. But so did my peers, whether or not they had children, partners, or aging parents. It was just the industry and firm norm.

Team 12

Team Conference Restructuring McKinsey 12

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

DECEMBER 14, 2016

I participated in a cognitive technologies conference a few days after the November 8 election, and much of the talk at breaks (and some on the stage) was about the election results and the reasons behind them. Key aspects of the finance industry have already been automated to a substantial degree. Insight Center. Sponsored by SAS.

Compliance 8

Compliance Finance Banking Advice 8

Harvard Business Review

MARCH 22, 2017

They include years of 15% to 20% annual increases in labor costs without compensating productivity growth in manufacturing titans such as China, cheap energy in North America unlocked by hydraulic fracturing, and the increasing complexity and cost of managing global supply chains. In 2016, that gap was down to about 1 percentage point.

Supply Chain 10

Supply Chain Chemicals Uncertainty Policies 10

Harvard Business Review

MARCH 1, 2017

To wit, 45% of financial intermediaries , such as payment networks, stock exchanges, and money transfer services, suffer from economic crime every year; the number is 37% for the entire economy, and only 20% and 27% for the professional services and technology sectors, respectively. How technology is transforming transactions.

Finance 8

Finance IPO Banking Venture Capitalist 8