Great Leadership By Dan

MAY 22, 2018

Guest post from Bruce Hartman : The CEO of Footlocker, Matt Serra, once said to me, “It’s lonely at the top. Dave Farrell, the long serving CEO of May Department stores, was always very consistent with ethical decision making. Being the leader is a big responsibility.” He knew there was an answer and would ask each of us why.

CFO 169

CFO Leadership Ethics Long-term 169

Strategy Driven

FEBRUARY 1, 2021

This is an ideal scenario for startups as banks have extensive eligibility requirements and take a long time to approve a loan. Also, startup owners who do not have good credit but a healthy cashflow find it tough to get loans from credit unions or banks. vele , the CEO of Swaper for details. There Are No Hidden Costs.

Credit Scoring 86

Credit Scoring CAGR Banking Finance 86

Eric Jacobson

DECEMBER 1, 2022

It’s critical that the scorecards be very specific and not include vague terms like “curious” or “very smart,” which are too generic. We source candidates through our Talent Bank (which is our repository of vetted execs in the cloud) and quite often work with our preferred search partners. Demonstrated potential to learn and adapt.

Charan 65

Charan How To Case Study Long-term 65

Eric Jacobson

JANUARY 30, 2022

It’s critical that the scorecards be very specific and not include vague terms like “curious” or “very smart,” which are too generic. We source candidates through our Talent Bank (which is our repository of vetted execs in the cloud) and quite often work with our preferred search partners. Demonstrated potential to learn and adapt.

Charan 65

Charan Succession Case Study How To 65

HR Digest

MARCH 30, 2021

If you feel like you’re more exhausted after a long day of meetings over Zoom or a similar video conferencing tool versus when they happened in-person, you’re not alone. Citi, the third-largest bank in the United States, announced recently that it was eliminating videoconference meetings on Fridays for its 210,000 employees.

Video 115

Video Fraser Company Long-term 115

LDRLB

APRIL 27, 2020

They use phrases like “doing well by doing good” when they send out press releases about their donation to a local food bank as if that small percentage of their revenue is suddenly the justification for their entire business success. No long-term consideration, which is why its long-term effect on a sense of purpose is pretty minimal.

Mission Statement 117

Mission Statement Organization Company Business Model 117

N2Growth Blog

JANUARY 23, 2018

In contrast, other leaders focus so much on long-term strategies that they miss the opportunity to create competitive advantage by pulling the future forward. N2Growth’s Founder and Chairman, Mike Myatt, has a diverse background of professional leadership in the banking industry, law, internet strategy, and advertising.

Innovation 210

Innovation Strategy Competitive Advantage Incubator 210

Harvard Business Review

NOVEMBER 13, 2015

CEOs are increasingly frustrated by the short-term orientation of investors. They say markets underappreciate long-term investments and ignore issues like employee and customer welfare, while pressuring companies to make decisions that maximize short-term earnings and stock prices.

Long-term 8

Long-term CEO Short-term Metrics 8

Great Leadership By Dan

SEPTEMBER 15, 2016

It begins with a clear articulation of a unit’s long term strategic objectives—and the development of a disciplined strategy to achieve those objectives. Leaders decide which battles must be fought as part of a longer term effort to win strategic objectives. And they decide which ones to skip. They think three steps ahead.

Shaw 120

Shaw Objective Engineering Long-term 120

LDRLB

APRIL 27, 2020

They use phrases like “doing well by doing good” when they send out press releases about their donation to a local food bank as if that small percentage of their revenue is suddenly the justification for their entire business success. No long-term consideration, which is why its long-term effect on a sense of purpose is pretty minimal.

Mission Statement 78

Mission Statement Organization Company Business Model 78

Michael Lee Stallard

MARCH 6, 2016

For example, the chemical company DuPont began as a gunpowder company, and Mitsui of Japan began as a drapery shop before it moved successively into banking, mining, and manufacturing. The study’s author wrote that the “case histories repeatedly show that a sense of community is essential for long-term survival.”.

Short-term 150

Short-term Long-term Competitive Advantage Chemicals 150

Michael Lee Stallard

JANUARY 21, 2011

Last year I met with Jim Goodnight, SAS Institute’s founder and CEO, to learn more about his leadership and SAS Institute’s culture. The report also concluded that the downward trend began long before the Great Recession. Jim Goodnight, co-founder and CEO of SAS Institute, is not one of them.

Software 287

Software Conference Long-term Entrepreneur 287

Strategy Driven

AUGUST 16, 2020

When the market took a nosedive, customers were canceling orders, banks were being bailed out with trillions of dollars from the federal government, and businesses that had existed for more than a hundred years were being forced to file for bankruptcy. Twelve years on, a stock market collapse seems to be long overdue.

Marketing 65

Marketing Long-term Crisis Planning 65

Harvard Business Review

SEPTEMBER 26, 2011

But three years after the financial crisis broke, I remain more convinced than ever that the fundamental cure for restoring economic growth and repairing societal trust in business is to deepen our ability to manage companies for the long term. Taking a long view doesn't mean companies should go radio-silent.

Long-term 8

Long-term CEO Short-term McKinsey 8

N2Growth Blog

APRIL 25, 2010

Ask yourself this question…Who is more loyal; an employee who has been with the company a long time but is an under-performer, or a less tenured employee who always goes the extra mile and consistently exceeds expectations? or implying that it is unlikely to have high performance if most people stick around for a long time?

Loyalty 419

Loyalty Blog Brand Follow-up 419

Tanveer Naseer

JULY 12, 2016

When a CEO becomes a household name, that CEO may well need to get his own house in order. In “ Good to Great ”, Jim Collins lamented the trend of boards that become “enamored with charismatic CEOs,” a tendency that, he concluded, was “most damaging” for “the long-term health of companies.” Then came the tempest.

Kaplan 100

Kaplan CEO Real Estate CFO 100

Harvard Business Review

OCTOBER 11, 2011

This blog post is part of the HBR Online Forum The CEO's Role in Fixing the System. The trouble is, studies are increasingly concluding that nonfinancial motivators are sometimes "more effective than extra cash in building long-term employee engagement." The chairman had no answer. Some firms, though, strike the right balance.

Long-term 9

Long-term Incentives CEO Company 9

Roundtable Talk

NOVEMBER 10, 2011

Th is week, our members had the wonderful opportunity to sit down with Wayne Bossert, EVP Sales, RBC Canadian Banking and President & CEO, Royal Mutual Funds Inc., Think long-term to decide short-term… careers can go broad or deep. to gain his insights around leadership. On Career Management…. Happy leading!

Banking 31

Banking Short-term Career Long-term 31

N2Growth Blog

DECEMBER 22, 2010

The sad fact is that many business people are absolutists in that they only see things in terms of rights and wrongs. Thinking in terms of “ my way &# is right and therefore “ other ways &# are wrong is the basis for polarizing any relationship, which quickly results in converting discussions into power struggles.

Blog 419

Blog Gordon Follow-up Open-book 419

The Center For Leadership Studies

FEBRUARY 27, 2023

The Modern Workforce is a comparatively complicated beast (and I use that phrase in the upmost professional and affectionate terms!). In one way, I suppose it just sort of “is…what it is.” And while that descriptor is consistently difficult to argue with at face value, you miss so very much if you stop there.

Short-term 52

Short-term Learning-by-Doing Project Globalization 52

Harvard Business Review

MAY 31, 2018

The pressure put on CEOs to deliver quarterly results is greater than ever before. And short-term thinking since that survey has not abated. And short-term thinking since that survey has not abated. Wells Fargo bank is under scrutiny from regulators for creating false client accounts to boost short-term profits.

CEO 8

CEO Short-term Long-term McKinsey 8

Strategy Driven

JUNE 1, 2018

Businesses spend so much time on momentary pieces of their puzzles that they neglect long-term Strategic Planning and miss potential successes. Banking, insurance benefits, human resources, etc. CEO roundtables. It is tough to tackle all the obstacles and feel that substantial progress is being made. Internal Management.

Advice 50

Advice Library Seminar Webinar 50

Harvard Business Review

APRIL 26, 2017

It’s been more than 25 years since Bill Gates dismissed retail banks as “dinosaurs,” but the statement may be as true today as it was then. Banking for small and medium-sized enterprises (SMEs) has been astonishingly unaffected by the rise of the Internet.

Banking 11

Banking Stage-Gate Credit Scoring Competitive Advantage 11

Michael Lee Stallard

JUNE 18, 2010

The report also concluded that the downward trend began long before the Great Recession. Jim Goodnight, co-founder and CEO of SAS Institute, is not one of them. Billion, a truly global business, a worldwide workforce in excess of 11,000 and an enviable long-term record of revenue and profit growth.

Conference 261

Conference Bottom-up Software Long-term 261

Next Level Blog

JUNE 21, 2010

A long time ago in a land far away, I worked for a year as a first year associate in a now defunct Wall Street investment bank. Second, keep a long term perspective. . | Main | Video Book Club: The Discipline of Market Leaders » June 21, 2010 What Am I Supposed To Be Learning From This? What did I learn?

Executive Coaching 148

Executive Coaching Blog Letter Learning-by-Doing 148

Harvard Business Review

SEPTEMBER 27, 2011

This blog post is part of the HBR Online Forum The CEO's Role in Fixing the System. Some years ago, the then-CEO of Air Products told me that it took his team two months to decide and plan layoffs, two weeks to do them, and two years to recover. The people working for the bank weren't idiots. As former Procter & Gamble CEO A.

CEO 14

CEO Benchmarking Long-term Banking 14

Marshall Goldsmith

DECEMBER 14, 2010

Some time ago I was interviewing a very successful CEO. As a CEO, I had no choice but to give them a range of investment options. Bundles of "safe" home mortgages made millions for banks, until investors learned of their true risk. Despite dismal economic news around the world, his business was experiencing record profits.

Real Estate 110

Real Estate Long-term Comparison Learning-by-Doing 110

Harvard Business Review

JANUARY 22, 2013

Most traditional financial intermediaries, like banks, are focused on short-term returns and deem unsecured lending to charities and social enterprises to be too risky. If financing is offered by a bank, the terms are often too onerous. Banks have a role to play in the social sector.

Banking 8

Banking Finance Due Diligence Short-term 8

Harvard Business Review

OCTOBER 8, 2018

When Goldman Sachs named David Solomon its new CEO, the media didn’t just focus on his professional background and his rise through the ranks; it also covered his moonlighting as a bona fide DJ. We have identified dozens of S&P 500 CEOs who have what we call “serious leisure” interests.

CEO 13

CEO Sports Energy Bottom-up 13

Harvard Business Review

FEBRUARY 23, 2017

CEOs earned 335 times the pay of the average worker. they earn 129 times more ; the High Pay Centre marked “Fat Cat Wednesday” (January 4, 2017) as the day by when a CEO has already earned more than an average worker earns in the entire year. CEOs Get Paid Too Much. A CEO’s actions are scalable.

CEO 9

CEO Price Long-term Incentives 9

Mills Scofield

JANUARY 16, 2013

While working in Manizales, Colombia for Grameen Caldas (an affiliate to Nobel Peace Prize winning Grameen Bank in Bangladesh), the entrepreneur’s bug bit me and I finally decided I wanted to launch my own mobile recruitment service. Because of the regional interest, I contacted the CEO of Assured Labor, David Reich, to pitch my ideas.

Short-term 187

Short-term Innovation Entrepreneur Learning-by-Doing 187

Harvard Business Review

OCTOBER 20, 2016

After running Microsoft for 25 years, Bill Gates handed the reins of CEO to Steve Ballmer in January 2000. If you think the job of a CEO is to increase sales, then Ballmer did a spectacular job. If the Microsoft board was managing for quarter-to-quarter or even year-to year-revenue growth, Ballmer was as good as it gets as a CEO.

CEO 8

CEO Supply Chain Long-term Short-term 8

Harvard Business Review

MAY 1, 2018

We still believe the executives at Tejon Ranch made some mistakes, as did we, but our biggest collective mistake was thinking in terms of threats rather than opportunities. One popular view of activists is that they are short-term, cut-and-run operators who are looking for a quick profit. Activists are significant shareholders.

CEO 8

CEO Real Estate Long-term Short-term 8

Skip Prichard

AUGUST 25, 2019

Dust off that copy of Good to Great on your bookshelf and remember that not long ago Jim Collin’s very credibly lionized them. CEO John Stumpf set the tone. One of the things we preach in the book is for leaders to be more “long-term greedy.” Again, very costly in the long run. Wells Fargo springs to mind.

Competitive Advantage 98

Competitive Advantage Leadership Analysis Tips 98

Harvard Business Review

MARCH 28, 2018

We conducted a study specifically focusing on whether the cultural values that CEOs inherit from their parents and grandparents affect their decision-making and their firms’ performance. bank CEOs who were born in the U.S., Research has long shown that cultural values are deeply rooted and that immigrants to the U.S.

Banking 9

Banking Sample Hofstede Chief Financial Officer 9

Strategy Driven

JANUARY 21, 2011

Thinking long-term has led this retailer’s CEO to investigate real estate purchases at lower rates and to buy up high-end equipment now while the prices are low. Where can you find long-term strategies for your business? One Canadian bank applied this thinking to bounced checks. Juliano Howard T. Dickens Jr.

Real Estate 66

Real Estate Magazine Rogers Long-term 66

Harvard Business Review

DECEMBER 17, 2018

“I’ve had at least five instances where decisions like that had to be made,” the longtime CEO of Tupperware, Rick Goings, told me. Keep a long term focus. A decision based on short-term financial or legal motives alone is destined to end in problems. Its short-term motives led to deep losses.

Politics 11

Politics Short-term Long-term Banking 11