Harvard Business Review

AUGUST 2, 2018

For example, I manage the finances for a team that travels very often, and I’ve been grateful for the intelligent guesswork that my expenses software extracts from receipts using machine learning: the merchant’s name, the dollar amount spent, taxes, and likely expense categorization.

Learning-by-Doing 10

Learning-by-Doing Software Technology Travel 10

Harvard Business Review

OCTOBER 18, 2016

The pay of top managers has risen faster than those of other star earners. Top management compensation packages guarantee a high level of pay, but are often only weakly linked to the performance of the firm relative to its industry competitors. In other words, these managers are rewarded less for outperforming their competitors.

CEO 8

CEO Asset Management Cooper Incentives 8

Harvard Business Review

JANUARY 13, 2014

Posing that question continues to be a powerful way to catalyze important strategic conversations. It’s hard for employees to feel like they are doing more than managing numbers when they, too, are treated like numbers to be optimized. Peter Drucker famously said that the point of a business was to create a customer.

Levitt 10

Levitt Christensen Competitive Advantage Welch 10

HR Digest

AUGUST 1, 2019

Without an understanding of basic financial concepts, executives are not well-equipped to make decisions related to financial management. managers are uninformed about the basics of financial literacy to face the challenges of the future. Why is financial literacy at all levels of management a basic need?

Finance 63

Finance Metrics EBITDA Handbook 63

Harvard Business Review

MAY 13, 2014

GE is an icon of management best practices. That includes learning from the outside and striving to adopt certain start-up practices, with a focus on three key management processes: (1) resource allocation that nurtures future businesses, (2) faster-cycle product development, and (3) partnering with start-ups.

Six Sigma 8

Six Sigma Incubator Payback Period Ries 8

Harvard Business Review

JANUARY 9, 2015

What happens if next time it’s not a near-miss , but a direct hit of a commercial airliner by a Russian plane that turns its transponder off? All of these things make Putin and Russia the biggest, most powerful wildcard in the entire world, with the potential to cause a lot of damage to the global economy.

Globalization 8

Globalization Banking Politics Crisis 8

Harvard Business Review

NOVEMBER 23, 2010

He wasnt a process manager. As I think about companies that compete on consistent, low cost, reliable operations, most have or had leaders who were process innovators, such as Herb Kelleher at Southwest Airlines, Sam Walton at Wal-Mart, Ray Kroc at McDonalds, Jeff Bezos at Amazon.com, and Fred Smith at FedEx.

Process 15

Process CEO Insurance Banking 15

Harvard Business Review

SEPTEMBER 27, 2016

CEOs can waste a massive amount of time simply tending to the egos and petty squabbles of professional managers―time better spent connecting directly with the front line and solving their needs. Professional managers tend to worry most about stakeholders somewhere in their own office. I recognize this sounds harsh; it is.

CEO 8

CEO Class Chief Executive Officer Strategy 8