Harvard Business Review

JUNE 2, 2014

Military commanders know they can’t let the tooth-to-tail (or combat-to-support) ratio get too low, or they’ll wind up with a force that costs too much and can’t win the battle. You also have support staff, including the people in marketing, finance, HR, and other functions. It’s the same in a company. Trim your supervisory layers.

Cost 10

Cost Span of Control Management Bureaucracy 10

Strategy Driven

APRIL 17, 2023

Finance is at the very heart of every business! Understanding and managing figures pertaining to your business helps to improve the survival rate of your business. Irrespective of the size of your business, correct management of your expenses can pave the way for the smooth functioning of your business.

Finance 100

Finance Budgeting How To Credit Scoring 100

Harvard Business Review

MARCH 10, 2011

When executives evaluate a potential investment, whether it's to build a new plant, enter a new market, or acquire a company, they weigh its cost against the future cash flows they expect will spring from it. It's the opening paragraph of a Harvard Business Review article called "What's Your Real Cost of Capital?" by James J.

CAPM 13

CAPM Cost Discounted Cash Flow Cost of Capital 13

N2Growth Blog

DECEMBER 5, 2010

A goal is a specific target and the objectives are the attainment components/benchmarks/hurdles which will lead you toward achieving said goal. link] Michael Martinez This framework scales down very well to my area of focus, projects and project management. Adam Williams “Where there is no vision, the people perish.&#

Blog 395

Blog Mission Statement Tactics Objective 395

Harvard Business Review

APRIL 23, 2013

Benchmark data isn''t sexy stuff, but occasionally the numbers reveal surprising findings. Who, for instance, would have guessed that global NGOs spend nearly 80% more to track their finances and employ nearly twice as many finance staff as comparable for-profit multinationals?

Globalization 8

Globalization NGO Benchmarking Decentralization 8

N2Growth Blog

AUGUST 5, 2010

Rather they should benchmark their decisions against the question of “is it the right thing to do?” A generic thought, ambivalence, attempting to fly under the radar, and mediocre performance will place you squarely in my cross hairs and may cost you your job. mikemyatt: RT @thinkBIG_blog: Cheap always costs you mo. Our Freedom.

Politics 375

Politics Blog Leadership Diversity 375

Harvard Business Review

NOVEMBER 25, 2013

This lack of an analytical approach has traditionally formed a barrier between marketing and finance. 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. They’re going to make ads and do whatever it is they do.

CFO 8

CFO Short-term Long-term Benchmarking 8

Strategy Driven

DECEMBER 23, 2019

You will need to be making enough money from your clients to cover the cost of your staff’s wages, plus compulsory insurance schemes such as employer liability and vehicle insurance if they are planning to drive. If you’re hiring an assistant manager, they should be getting more than your average worker. Know how much you can spare.

Incentives 13

Incentives Insurance Budgeting Benchmarking 13

Harvard Business Review

JUNE 18, 2015

What have been less explored are the specific actions taken by private equity (PE) fund managers. In a survey of 79 PE firms managing more than $750 billion in capital, we provide granular information on PE managers’ practices and how firms’ strategies relate to the characteristics of their founders.

CAPM 8

CAPM Discounted Cash Flow Company Rate of Return 8

N2Growth Blog

JANUARY 13, 2011

Aside from being costly, a flawed execution can cast doubt on management credibility, have a negative impact on morale, taint the brand, adversely affect external relationships, and cause a variety of other problems for your business. Assess : Put the idea through a risk/reward and cost/benefit analysis.

Blog 413

Blog Innovation Brand Strategic Planning 413

HR Digest

NOVEMBER 9, 2023

Establish Benchmarks Make it a point to define industry and market benchmarks to compare your organization’s compensation practices. If our equitable compensation program guide is to be trusted, you need to identify relevant external benchmarks to understand prevailing salary ranges for similar roles in the market.

System 52

System How To Benchmarking Diversity 52

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

JUNE 11, 2014

Here’s an example of such a disclosure, which shows the high long-term cost of accumulating credit card debt (in red): But this disclosure policy and others like it are designed for a world that’s rapidly disappearing: that of paper statements and postal mailings. The tool works because it makes a difficult task much easier to manage.

Credit Scoring 8

Credit Scoring Long-term Tools Benchmarking 8

Harvard Business Review

FEBRUARY 26, 2013

For sales managers, this is not an easy question to answer. The number of salespeople affects profitably by impacting both revenues and costs. It's easy to estimate costs by looking at historical compensation, benefits, field support, and travel costs per salesperson. But this is not the same as maximizing profits.

Company 8

Company Short-term Long-term Cost 8

Harvard Business Review

OCTOBER 10, 2017

One reason for the paltry performance is that while other business areas, like sales or finance, are considered to be core functions, innovation is often considered to be something that’s “nice to have” rather than essential. And there’s a fundamental conflict between innovation and optimizing an existing operation.

Innovation 8

Innovation P&L ROI Long-term 8

Harvard Business Review

FEBRUARY 2, 2016

You’ll often find customer relationship management within marketing, budgeting within finance, supply-chain management within operations, outsourcing within procurement, training within HR, and new product development within R&D. When functional boundaries prevail, there is no construct for managing capabilities.

Development 8

Development Supply Chain Incentives Outsourcing 8

Harvard Business Review

MAY 5, 2016

Aggravated and depressed by the decline of their core memory business in the 1980s, Intel’s top management struggled for strategic clarity. This painful decision cost tens of thousands of jobs but proved strategically, organizationally, and culturally essential to the company’s future success.

Levitt 8

Levitt Disaggregation Kaizen Call Center 8

Harvard Business Review

AUGUST 8, 2011

For those of us not in operations, supply chain, or logistics, it's a vaguely familiar line item we learned about in finance class. alone, according to a report by the Council of Supply Chain Management Professionals (note: the full report requires membership, but this number is mentioned about 9 minutes into the video at the CSCMP site).

Energy 11

Energy Supply Chain Operations Benchmarking 11

Harvard Business Review

FEBRUARY 24, 2011

Imagine if managements, boards, and investors adopted them: we could restart our economy, energize our business school curricula and create prosperity for our children and grandchildren. Berkshire's talented managers get the P&L independence to run their own businesses. He wants loyal investors who seek to be stockowners, not renters.

Letter 15

Letter P&L Net Present Value Insurance 15

Harvard Business Review

FEBRUARY 7, 2011

With political upheaval roiling the streets of Cairo, the first concern of top management in many multinationals is to get their employees and their families out of Egypt safely. Profits that are received at some future point are discounted by the real cost of finance and any appropriate risk premium. percent per annum.).

NPV 12

NPV Short-term Discount Politics 12

Harvard Business Review

MAY 8, 2017

The list includes a health care company that was once near bankruptcy (DaVita), a software firm whose stock price stagnated for a decade (Microsoft), a travel website that faced overwhelming competition (Priceline), a food giant that seemed to lose its focus (Danone), and a steel company that faced new pressure from lower-cost rivals (ThyssenKrupp).

Franchising 14

Franchising CEO Business Model Strategy 14

Harvard Business Review

MAY 15, 2012

Over the past couple of years, I've become close with a handful of web product managers. What's worse, Facebook's efforts to bring transactions inside the walled garden - through Facebook Storefronts - seem to be decreasingly important to large e-commerce players as they discover the high costs and low returns of doing business on the site.

IPO 12

IPO Advertising IRR Venture Funding 12

Harvard Business Review

AUGUST 5, 2014

I see far too many data that don’t go anywhere and that’s just a cost.”. Point solutions, such as focusing on the call center, the store, or the website, no longer cut it in a multichannel environment, not when delivering excellent customer journeys can increase revenues up to 15 percent and cut costs by up to 20 percent.

P&L 9

P&L Banking Marketing Call Center 9

Leading with Trust

MARCH 20, 2022

I tend to follow the character standard of the great ethicist Michael Josephson who said, “The real test of character is if you are willing to do the right thing even though it may cost you more than you want to pay.” Doing the right thing can be seen as too broad. However, I have also seen someone lose all their trust credits at once.

Ethics 95

Ethics Servant Leader Execution Survey 95

Harvard Business Review

MARCH 10, 2011

Many are deeply uncertain about which initiatives they should fund — and one root of this indecision is a general lack of confidence in the cost of capital projections they are using to make the call. We find that 55 percent of respondents are convinced their cost of capital estimates are off by more than 50 basis points.

Cost of Capital 13

Cost of Capital CAPM Cost Discounted Cash Flow 13

Harvard Business Review

OCTOBER 22, 2015

In the last six years, a Harvard Business School team has worked with dozens of health care organizations to help them understand the true costs of their treatments for many medical conditions. One of the team’s central findings is that TDABC cannot be delegated to the finance function. Measuring Costs and Outcomes in Healthcare.

Mayo 8

Mayo Health Care Committee Project 8

Harvard Business Review

JUNE 25, 2018

How often are management concepts subjected to recalls by the people who invented them? Management concepts, by contrast, operate in poorly regulated environments where failures are often brushed under boardroom or faculty carpets. Yet poor management systems can jeopardize lives in the air, at sea, on roads or in hospitals.

TBL 9

TBL Bottom-up Long-term Early Adopters 9

Harvard Business Review

OCTOBER 17, 2017

For example, in the 1990s, leading businesses like 3M adopted concepts like eco-efficiency, focusing on saving and making money through the better management of materials, energy and waste. Today, we see growing interest in new business benchmarks and in potential breakthrough materials and forms of energy. The Moral Frame.

Morale 8

Morale EPS Supply Chain Politics 8