The Empowered Buisness

JULY 14, 2015

For example, A successful CFO is likely to have such MAPs (Motivation and Attitudinal patterns) as — strong motivation toward procedures over options; a preference for solving problems over focus on goals; and a high past time orientation that drives focus on traditions, past experience and benchmarks.

Motivation 100

Motivation Leadership McClelland Long-term 100

Harvard Business Review

NOVEMBER 25, 2013

It doesn’t need to be complicated; in one company, a marketing department saved 20 percent after simply benchmarking the money they were spending on external agencies. CMOs need to start building this relationship by having a clear understanding of what CFOs expect. Use consistent language across departments – and within them.

CFO 8

CFO Short-term Long-term Benchmarking 8

Harvard Business Review

APRIL 6, 2015

We take that input from the client, and combine with a deep catalogue of benchmarks. HBR: How do you get that catalogue of benchmarks — that big data-set – to begin with? The algorithm takes that together, crunches it, and comes back to us with the profile of the person we are looking for.

Execution 8

Execution CFO Self-aware Benchmarking 8

Harvard Business Review

OCTOBER 10, 2013

The chief financial officer (CFO) role rose to prominence in the mid -1980’s as pressures for value management and more transparent investor relations gained traction. Like any new business opportunity, data analytics will underdeliver on its potential without a clear strategy and well-articulated initiatives and benchmarks for success.

Chief Financial Officer 8

Chief Financial Officer Information Technology Metrics CFO 8

Harvard Business Review

OCTOBER 18, 2013

Banner’s leaders made a conscious choice to eschew industry benchmarks in the cost initiative. Leadership created an optimization office reporting to the CFO to facilitate cost reduction projects, train new team members, and document and disseminate results across the system. Vision before action.

Cost 8

Cost Health Care Six Sigma Insourcing 8

Harvard Business Review

JULY 14, 2017

Or it could be indirectly, as Opower does in giving people benchmarking data on energy usage to foster conservation and efficiency. But a networking mindset goes beyond the relationships you have with your customers and looks for opportunities to connect them with each other.

Intellectual Capital 8

Intellectual Capital Strategy Supply Chain Business Model 8

Harvard Business Review

JUNE 20, 2016

And second, they need to ensure that – even with respect to strategy and operations – board scrutiny doesn’t result in an over-emphasis on conforming to benchmarks and industry norms. I’m not against benchmarking and norming. Letting your ETR slip to the benchmark could risk your customers’ trust.

Benchmarking 10

Benchmarking Company Short-term Long-term 10