N2Growth Blog

DECEMBER 5, 2010

The reason this is such a great question is that I’ve witnessed far too many executives confuse vision and mission in terms of both definition and application. Our responsibility is to respect the ethic. Furthermore, the enduring anchor of an organization is found in its values and ethics, not its mission.

Blog 395

Blog Mission Statement Tactics Objective 395

N2Growth Blog

AUGUST 5, 2010

Rather they should benchmark their decisions against the question of “is it the right thing to do?” I don’t know about you, but it’s almost as if we have raised a generation of leaders who feel they have a moral and ethical obligation to be politically correct – WRONG. How sad is this? Are these extreme statements?

Politics 375

Politics Blog Leadership Diversity 375

Harvard Business Review

SEPTEMBER 27, 2011

If the analyst didn't like the fact that this might constrain profits in the short term, he could sell the stock. One might think that in a world of soaring CEO salaries, the high pay would have produced innovative and courageous leaders who both know and do the right thing for the long-term well-being of their enterprises.

CEO 14

CEO Benchmarking Long-term Banking 14

Harvard Business Review

APRIL 11, 2016

” Despite positive market indicators and careful planning, international-entry initiatives often fall short. They assure that the firm’s legal and ethical practices allow for overseas flexibility while maintaining corporate compliance by: Benchmarking competitive practices in country to ensure willingness to compete.

Globalization 8

Globalization Company Short-term Objective 8

Harvard Business Review

MAY 25, 2017

.” In 2012 the Commonwealth Bank restructured its evaluation system so that 75% of CEO incentives came from the bank’s total shareholder return (TSR), relative to a set peer group, and 25% from customer-satisfaction results, benchmarked against another peer group. ” Now a full 50% of the assessment was subjective.

TSR 9

TSR Banking Committee Incentives 9

Miles Anthony Smith

JUNE 5, 2018

In terms of finding the right career, research shows that it’s really hard to predict what you’ll be good at ahead of time, especially just by “going with your gut”, and it turns out career tests don’t work either. Set career goals and understand salary benchmarks. Are these in line with your expectations?

Career 74

Career Advice Succession Learning-by-Doing 74

Strategy Driven

DECEMBER 7, 2012

Organizations get people caught in activity traps…unless managers periodically pull back and reassess in terms of goals. Goal attainment leads to ethical behavior. Programs must be competent, effective and benchmarked. View goals as long-term, rather than short-term. Human beings live to attract goals.

Strategic Planning 56

Strategic Planning Goal Planning Budgeting 56

Strategy Driven

AUGUST 12, 2011

Upper management is most effective when it frames business decisions toward values, customs, beliefs, goals, objectives and the benchmarking of tactics. These are the visionaries who advise management in refining the organizational purpose, vision, quality of life, ethics and contributions toward the company’s long-term growth.

Mentor 56

Mentor Strategic Planning Leadership Benchmarking 56

Strategy Driven

OCTOBER 7, 2011

New year projections are the best time to benchmark progress and adjust sights for the coming term. Organizations get people caught in activity traps… unless managers periodically pull back and reassess in terms of goals. Goal attainment leads to ethical behavior. View goals as long-term, rather than short-term.

Goal 50

Goal Strategic Planning Benchmarking Budgeting 50

Harvard Business Review

JUNE 20, 2016

Remember the public shaming – and heavy sentences — heaped on Enron and Worldcom for their accounting (and more importantly, ethical) failures? I’m not against benchmarking and norming. While benchmarks are useful inputs for compensation decisions, they shouldn’t be a straitjacket. Let’s take pay.

Benchmarking 10

Benchmarking Company Short-term Long-term 10

Strategy Driven

SEPTEMBER 2, 2011

Values in terms of savings: Time and motion savings. Values in terms of efficiencies: Meantime between new product introductions. Organizations get people caught in activity traps… unless managers periodically pull back and reassess in terms of goals. Goal attainment leads to ethical behavior. Inventory costs.

Budgeting 50

Budgeting Planning Strategic Planning Competitive Advantage 50

Strategy Driven

DECEMBER 2, 2011

Unfortunately, one can get caught in a trap of being on the short end of the equation. ” Sizing you in terms of immediate benefit to them, they either probe further or move on. These people couch their requests in terms of your benefit. Ostensibly, all participants benefit from the synergy. Adopt My Interests.

Committee 51

Committee Learning-by-Doing Consultative Budgeting 51

Harvard Business Review

OCTOBER 17, 2017

Today, we see growing interest in new business benchmarks and in potential breakthrough materials and forms of energy. This point was underscored by Unilever CEO Paul Polman when he courageously told short-term investors who did not support sustainability efforts not to buy his company’s shares.

Morale 8

Morale EPS Supply Chain Politics 8