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Many Strategies Fail Because They’re Not Actually Strategies

Harvard Business Review

Town hall meetings are organized, employees are told to change their behavior, balanced scorecards are reformulated, and budgets are set aside to support initiatives that fit the new strategy. Under the new CEO, Frank Martin, the company decided to change course and focus on collectors and hobbyists instead.

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Your Employees Are Not Mind Readers

Harvard Business Review

When I was CEO of Campbell Soup Company, we used a balanced scorecard to create an explicit understanding of each employee in terms of what they were expected to accomplish, including financial objectives, market share objectives and key project objectives. Thus, the fittest leaders are those most capable of learning.

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Making Hospital Partnerships Work

Harvard Business Review

The assumption is that a merger will make it easier to achieve economies of scale, develop a large but narrow network of preferably healthy patients, establish data registries, and integrate expensive technology. The Silver Cross CEO and each partner organization’s CEO often phone each other (as a routine or an informal check-in).