N2Growth Blog

FEBRUARY 4, 2015

One of our pharmaceutical clients was recently recognized for successfully executing his company’s strategy and told us: “If I had to do it over again, I would have had the human resources organization intimately involved much sooner to ensure that our organization and people were prepared to deliver. Engineered to Win.

Process 150

Process Agility Competitive Advantage Strategy 150

Tanveer Naseer

MARCH 10, 2015

For example, they might say, “We’re a bank,” or “We make office furniture,” or “We’re in the pharmaceutical business.” Let’s start with a simple question: how would you define your company? Most senior executives respond to this question by describing what the company is or what it does. This is quite understandable.

How To 100

How To Retail Core Competence Innovation 100

QAspire

JANUARY 24, 2010

He was a marketing executive with a large pharmaceutical company when he decided to pursue his calling and start a fitness center. He went through a painful process of starting up, getting space on lease and getting some funding from the bank to get some basic equipments. replied the man who was himself a fitness freak.

Directory 84

Directory Blog Pharmaceuticals Quality 84

Harvard Business Review

MAY 20, 2014

financial services sector went from 13,000 of independent banks to half that number, while the top ten banks grew from 20% market share to 60%. As of 2013, the top ten banks had 70% of the market. In pharmaceuticals, the largest company, Pfizer, is the result of decades of mergers. In the guitar business , too.

Pharmaceuticals 11

Pharmaceuticals Banking Chemicals Trends 11

Harvard Business Review

AUGUST 24, 2017

A nearly $150 million settlement is pending for the fake-account scandal that roiled the bank last year, and a new scandal has emerged: Recently it has been alleged that thousands of customers were signed up for insurance without their knowledge. ’s largest banks? What explains the divergence in the fortunes of two of the U.S.’s

CEO 8

CEO Accrual Accounting Pharmaceuticals Banking 8

Harvard Business Review

JUNE 7, 2012

Of course, that's based on a rather broad definition from the World Bank: those who earn an income in excess of $2 a day after adjusting for purchasing power. Pharmaceutical patent expirations are increasing the use of cheaper generic drugs. The numbers are enough to make the apple pop right out of the marketer's eye.

Disruptive Innovation 22

Disruptive Innovation Innovation Pharmaceuticals Class 22

Harvard Business Review

OCTOBER 25, 2018

They come from all regions and sectors and include global banks and manufacturing companies, long-standing Western consumer brands, and fast-growing U.S. But this is also mirrored by firms in the bottom 10%, which account for 1.5 times more economic loss today than 20 years ago. and Chinese tech firms.

Industry 12

Industry Company GDP Bottom-up 12

Harvard Business Review

OCTOBER 20, 2016

While international lending, as measured by cross-border banking claims at the Bank for International Settlements, has declined $2.6 While international lending, as measured by cross-border banking claims at the Bank for International Settlements, has declined $2.6 This year, for example, the U.S.

Globalization 8

Globalization Banking Policies Politics 8

Harvard Business Review

JULY 17, 2014

For example, in the credit card business, understanding the importance of deals with issuing banks is critical. While marketing might focus on maximizing card transactions, or swipes, finance understands that not all swipes are equal (depending on the deal with a given bank).

Finance 13

Finance Marketing P&L ROI 13

Harvard Business Review

JUNE 7, 2012

Of course, that's based on a rather broad definition from the World Bank: those who earn an income in excess of $2 a day after adjusting for purchasing power. Pharmaceutical patent expirations are increasing the use of cheaper generic drugs. The numbers are enough to make the apple pop right out of the marketer's eye.

Disruptive Innovation 12

Disruptive Innovation Innovation Pharmaceuticals Class 12

Harvard Business Review

OCTOBER 8, 2013

First, National Australia Bank gave some of their employees money to spend on charities. We gave cash to some members of dodgeball teams in Canada and pharmaceutical sales teams in Belgium and asked them to spend on each other. Aknin, Michael I. Norton, and Elizabeth W.

Norton 12

Norton Morale Pharmaceuticals Banking 12

Harvard Business Review

MAY 5, 2016

The economy still hasn’t received a boost from sanctions relief, and many big banks that left the country have not returned. Large European banks in particular are not ready to return to Iran even though they are permitted. financial system for bank transactions related to Iran. However, remaining U.S.

Tourism 8

Tourism Banking Due Diligence Hotels 8

Harvard Business Review

MAY 31, 2018

The pharmaceutical company Valeant raised the price of Cuprimine — invented in 1956 and used to treat Wilson’s disease, a rare condition in which the body cannot process copper — from about $500 to about $24,000 for a 30-day supply, causing outrage from consumers.

CEO 8

CEO Short-term Long-term McKinsey 8

Harvard Business Review

AUGUST 23, 2012

So why did one of the planet's biggest investment banks — and its 33,300 employees — hold out so long? These hurdles aren't unique to financial services — insurance, pharmaceuticals, health care and government all face regulation, to name a few examples. 132 characters for Goldman; one giant leap for the Twitterverse.

Compliance 15

Compliance Media Compliance Officer Policies 15

Harvard Business Review

FEBRUARY 23, 2011

There were many entrepreneurs showcasing how they are trying to improve everything from mobile payments (the banking system as it stands is unwieldy and corrupt) to pharmaceuticals, fiber optics to talent development. Plenty of them were talking about how they will make it obsolete, too.

Conference 13

Conference Pharmaceuticals Politics Entrepreneur 13

Harvard Business Review

OCTOBER 13, 2016

By comparison, TPP’s chapter on financial services goes further, opening up new business opportunities for banking exports across the 12-country pact. -Peru Free Trade Agreement to handle public pensions funds, something that Peru had not offered under the WTO.

Marketing 8

Marketing Execution Globalization Marketing Strategy 8

Harvard Business Review

FEBRUARY 16, 2016

With such widespread pessimism, we hope that central banks will be ready to coordinate their policies to stabilize and support the world economy. banking & financial services, insurance, real estate); Healthcare (e.g., pharmaceuticals, biotechnology & life sciences, health care equipment and services); Industrials (e.g.,

Politics 8

Politics Telecommunications Policies Biotechnology 8

Harvard Business Review

APRIL 16, 2012

high technology or pharmaceutical) that are investing in projects with uncertain long-range payoffs. Strategic cash also can be used to finance long-term reinvestment programs in the business—which is especially valuable to companies in capital-intensive industries (e.g., energy or telecom) or research-intensive industries (e.g.,

Company 14

Company Cost of Capital Finance Long-term 14

Harvard Business Review

JUNE 21, 2013

banking & financial services, insurance, real estate); Health Care (e.g., pharmaceuticals, biotechnology & life sciences, health care equipment and services); Industrials (e.g., The industry breakout was done using eight major sectors (similar to those in the Global Industry Classification Standard system): Consumer Discretionary (e.g.,

Telecommunications 9

Telecommunications Health Care Talent Management Biotechnology 9

Harvard Business Review

MAY 24, 2012

Risk management isn't exclusive to banking. Pharmaceutical manufacturers, insurers, and retailers invest millions in risk avoidance. Reports last week in the New York Times cited organizational discord at JPMorgan Chase as contributors to the company's multi-billion dollar trading loss.

Merchandising 11

Merchandising Risk Management Supply Chain Retail 11

Harvard Business Review

SEPTEMBER 11, 2018

This phase involved a round of interviews with people at 28 organizations across a variety of sectors, including aviation, banking, pharmaceutical, professional services, and technology. To find out what happens after women return to work, we conducted a second phase of research.

Career 13

Career Company Pharmaceuticals Long-term 13

Harvard Business Review

SEPTEMBER 21, 2018

banking & financial services, insurance, real estate); Healthcare (e.g., pharmaceuticals, biotechnology & life sciences, health care equipment and services); Industrials (e.g., apparel, automobiles, retailing, media, hotels, restaurants & leisure); Consumer Staples (e.g.,

Innovation 10

Innovation Short-term Telecommunications Long-term 10

Harvard Business Review

JANUARY 15, 2016

I teach at Rutgers University in New Jersey, the epicenter for many major companies in pharmaceuticals, insurance, and banking. We’re regulated.” ” The time for highly regulated industries to hide behind this excuse has passed.

Industry 8

Industry Marketing Company Compliance 8

Harvard Business Review

JUNE 16, 2011

At a major retail bank, early signals of an emerging rift between factions — manifested in very different networks of information sharing — made it possible to save an acquisition before it came apart.

Intangible Assets 15

Intangible Assets Analysis Pharmaceuticals Innovation 15

Harvard Business Review

DECEMBER 3, 2015

Take these examples: GE is divesting its banking business to focus on industrial sectors. Bayer divested its chemicals and materials businesses and ended up a pharmaceutical and crop-science giant. This refocusing is often the other side of the coin in an acquisition strategy.

Pharmaceuticals 8

Pharmaceuticals Chemicals Health Care Follow-up 8

Harvard Business Review

JUNE 3, 2013

banking & financial services, insurance, real estate); Health Care (e.g., pharmaceuticals, biotechnology & life sciences, health care equipment and services); Industrials (e.g., The industry breakout was done using eight major sectors (similar to those in the Global Industry Classification Standard system): Consumer Discretionary (e.g.,

Succession 8

Succession Telecommunications Biotechnology Real Estate 8

Harvard Business Review

MAY 8, 2013

I recently conducted a study of 56 randomly selected companies involved in major change and innovation efforts in the high-tech, retail, pharmaceutical, banking, automotive, insurance, energy, non-profit, and health care industries. MLMs who remained were labeled "dinosaurs" or "overhead.".

Middle Management 9

Middle Management Management Automotive Pharmaceuticals 9

Harvard Business Review

OCTOBER 21, 2013

I found myself reflecting on this recently while speaking with two business leaders in one of the world’s great pharmaceutical companies. Some 15 years ago my colleague Sumantra Ghoshal and I wrote business cases on three companies that were then leaders in their sectors: BP, Royal Bank of Scotland, and Nokia. It’s a tough challenge.

Drucker 8

Drucker Diversity Pharmaceuticals Uncertainty 8

Harvard Business Review

DECEMBER 22, 2016

Yet we know the actual realized gains (ARG) from stock-based pay that the company’s CEO takes home, puts in the bank, and on which he or she is obligated to pay income taxes. The actual money-in-the-bank total ARG compensation of its CEO John C. Martin was, however, $193 million in 2014 and $232 million in 2015.

CEO 8

CEO Black-Scholes Price Merton 8

Harvard Business Review

FEBRUARY 22, 2017

banking & financial services, insurance, real estate); Healthcare (e.g., pharmaceuticals, biotechnology & life sciences, health care equipment and services); Industrials (e.g., apparel, automobiles, retailing, media, hotels, restaurants & leisure); Consumer Staples (e.g.,

Telecommunications 8

Telecommunications Health Care Contingency Plans Biotechnology 8

Harvard Business Review

AUGUST 23, 2018

PIC specialists prepared students for jobs through a series of workshops and career exploration activities during the school year and then matched them with employers based on their interests and skill sets.

Short-term 8

Short-term Participative Long-term Career 8

Harvard Business Review

SEPTEMBER 30, 2016

My colleague Tomasz Obloj, of HEC Paris, and I recently examined the effects of an awards program implemented at a European bank selling small consumer loans. The awards program invited each of the bank’s 164 outlets to compete for an all-expenses-paid, weeklong vacation to an exotic resort.

Comparison 8

Comparison Incentives Outsourcing Self-aware 8

Harvard Business Review

OCTOBER 26, 2015

From banking to computing to beer , mergers and acquisitions are accumulating at a breathtaking pace, raising antitrust concerns in the middle of a contentious presidential election cycle. Or pharmaceuticals, although even in drug manufacturing trends toward personalized medicine make the current hegemony likely to be short-lived.

Competitive Advantage 8

Competitive Advantage Pharmaceuticals Industry Trends 8

Harvard Business Review

MAY 18, 2015

For example, Jamie Dimon, CEO of JP Morgan, said that since 2012 his bank hired an additional 13,000 people to work in the area of compliance. For example, the pharmaceutical giant Novartis is undertaking efforts to not only focus on the legal side of compliance, but also to identify the (behavioral) root causes of non-compliance.

Compliance 8

Compliance Company Self-aware Ethics 8

Harvard Business Review

JULY 16, 2013

banking & financial services, insurance, real estate); Health Care (e.g., pharmaceuticals, biotechnology & life sciences, health care equipment and services); Industrials (e.g., The industry breakout was done using eight major sectors (similar to those in the Global Industry Classification Standard system): Consumer Discretionary (e.g.,

Telecommunications 8

Telecommunications Biotechnology Health Care Real Estate 8

Harvard Business Review

JUNE 29, 2015

Because of their relationships with banks, PE funds can get financing much cheaper than target companies could under their current management. It also takes a long time for returns on R&D investments to be realized—longer than the average five-to-seven-year period before the portfolio company is sold off.

LBO 8

LBO Innovation Sample Short-term 8

Harvard Business Review

OCTOBER 22, 2013

Businesses, families, and individuals are ruined in shocking fashion—“150-year-old bank and pillar of Wall Street is gone in the blink of an eye”; “Major oil company loses $90 billion in market value in three months”; “Kite surfer tries his luck in a hurricane and slams into a building.” We’re reminded of them in the news every day.

COO 8

COO Short-term CFO Pharmaceuticals 8