Strategy Driven

JANUARY 12, 2024

The innovations are endless, from peer-to-peer payments to automated portfolio managers and trading platforms. Finance digital transformation involves leveraging cutting-edge technologies for better operational efficiency and enhanced strategic decision-making. In that case, the company still needs to be more efficient.

Finance 109

Finance Technology BPM Company 109

Harvard Business Review

NOVEMBER 21, 2013

Much has been made of the distinction between leadership and management. Too many managers, not enough leaders, the critics say. Leadership is uplifting, they imply, while management is boring — just a bunch of rigid bureaucrats spinning red tape, or emphasizing efficiency over effectiveness. And that is just IT.

Management 8

Management Real Estate Information Technology Execution 8

Ron Edmondson

FEBRUARY 25, 2016

I know some will resist this because of the word I’m about to use – but, get a checklist for every day. If you were going to create a monetary budget for the first time, financial planners would have you track everywhere you spend money. You can read yesterday’s post HERE. Monitor all the ways you spend time.

Stress 30

Stress Leadership Project Tips 30

Harvard Business Review

NOVEMBER 8, 2017

Town hall meetings are organized, employees are told to change their behavior, balanced scorecards are reformulated, and budgets are set aside to support initiatives that fit the new strategy. A common mistake in the bottom-up implementation process is that many top managers cannot resist doing the selection themselves.

Strategy 15

Strategy Bottom-up Balanced Scorecard Resistance 15

Harvard Business Review

JANUARY 25, 2018

He had been surprised and annoyed to learn that his company had set up a new AI-based marketing system that was doing most of what he thought was his job as digital marketing manager at Global Consumer Brands: deciding what ads to place where, for which customer segments, and how much to spend. Disruption of plans.

Resistance 8

Resistance How To Audience Micromanagement 8

Harvard Business Review

JUNE 20, 2017

Regardless of whether a provider is developing predictive analytics in-house, as many large academic medical centers have done, or purchasing tools off the shelf, managers should make sure they are involving the right people throughout the entire process. Here are three lessons: Engage the Right People from the Outset. One large U.S.

Health Care 8

Health Care Long-term Tools Information Technology 8

Harvard Business Review

MAY 3, 2012

But, when conducted properly, they can be both efficient and effective, even more so than face-to-face meetings. Not only does the use of video enable people to read each other's reactions and moods, it also encourages them to pay attention and resist doing their e-mail or otherwise multitasking. Why change?"

Guidelines 14

Guidelines Video Resistance Follow-up 14

Harvard Business Review

FEBRUARY 27, 2012

The growing desire for greater energy efficiency, sustainability, recyclability and "smarts" has dramatically elevated global opportunities for novel material design. In pre-Sarbanes-Oxley days, one consumer goods company literally paid the account team managing a huge retailer to set up a packaging test in several stores.

Innovation 11

Innovation Budgeting Chemicals Seminar 11

HR Digest

NOVEMBER 10, 2023

Ensuring stress and fatigue are handled immediately and employees are not overworked beyond their limits Crowd management training and preparations for the large crowds expected during the holiday season Ensuing barricades, sufficient staff, managers, visible signboards, etc.,

Compliance 52

Compliance Policies Guidelines Planning 52

Harvard Business Review

OCTOBER 2, 2014

The third improves the effectiveness and efficiency of core marketing workflows. Changing these attitudes and behaviors requires a multi-pronged approach: championing by senior leadership, evangelism by believers on the marketing front line, and active involvement of middle managers in encouraging the change.

Technology 8

Technology Marketing Tools Middle Management 8

Harvard Business Review

DECEMBER 11, 2015

In fact, a 2012 report from the Congressional Budget Office identified bundled payments as the only Medicare payment demonstration project to date that had showed clear savings. That precludes some of the more efficient providers of joint replacements from participating, thus, significantly limiting the impact of the program.

Health Care 8

Health Care Analysis Constraint Transportation 8

Harvard Business Review

NOVEMBER 24, 2015

Middle managers had to go back and forth between firing people and finding new ones with different skills, and few people believed that the yearly planning and budgeting cycle was anything more than a painful exercise, since it was always changing midway through. This case isn’t the exception.

Welch 8

Welch Six Sigma Real Estate Trends 8

Harvard Business Review

JULY 2, 2013

On the positive side, Greece has tidied up its balance sheet (at least the privately held debt), and nearly balanced its budget, excluding interest payments. The fact is that Greece is monstrously inefficient as a manager of public services. Change management is the current imperative for Greece. It is past time.

Politics 8

Politics Restructuring Crisis McKinsey 8

Harvard Business Review

SEPTEMBER 5, 2013

With scarcely any help from management, knowledge workers can increase their productivity by 20%. Yet here is the challenge you face as a senior executive: You cannot manage your knowledge workers in the traditional and intrusive way you might have done with manual workers. Knowledge management Managing people Productivity'

Productivity 8

Productivity Products Peer Review Short-term 8

Harvard Business Review

SEPTEMBER 27, 2011

Or is HR focused primarily on budget cuts and streamlining administration? Operating as efficiently as possible is a minimum expectation. If the access of other executives is managed through the CHRO, a dysfunctional leadership team is not far behind. Resist the temptation.

Metrics 14

Metrics Human Resources Attrition CEO 14

Strategy Driven

AUGUST 3, 2012

This review is the basis for most elements that will appear in a strategic plan, including the organization’s strengths, weaknesses, opportunities, threats, actions, challenges, teamwork, change management, commitment, future trends and external forces. Management is concerned that resources are not concentrated on important things.

Review 57

Review Company Strategic Planning Industry 57

Harvard Business Review

DECEMBER 4, 2015

Patients generally need proof of insurance to access outpatient clinics, and Parkland was serving a large volume of uninsured people as inpatients — so it extended preventive care and management of chronic conditions into the outpatient arena, much like an ACO. Ability to resist reimbursement pressures. Uncertain planning.

Health Care 8

Health Care Innovation Insurance Cost 8

Harvard Business Review

MAY 30, 2018

Mismanaged expectations, blown budgets, slipped schedules, and mutual contempt run rampant. The startup got an eye-opening inside view of how a bank’s IT shop actually launched new services and the bank realized the fintech’s approach to security management would prove superior to its own.

KPI 9

KPI Innovation Ries Banking 9

Harvard Business Review

OCTOBER 10, 2018

Resisting revenue temptations. The bank serves these customers through a network of highly efficient physical branches. Companies, and certainly new entrants looking for growth, often find it difficult to resist jumping onto various new sources of revenue. Yet Capitec’s management was thinking ahead.

Banking 8

Banking Industry Bottom-up Resistance 8

Harvard Business Review

OCTOBER 23, 2015

I saw this first hand while researching the hiring practices of top-tier investment banks, management consulting firms, and law firms. One banking recruitment manager summarized the typical approach this way: I’m just being really honest, it [an application] pretty much goes into a black hole.

EPS 8

EPS Diversity Banking Reputation 8

Harvard Business Review

NOVEMBER 19, 2018

That model still exists, including in online publishing where companies like Automattic, maker of the open source content management system WordPress, sell hosting and related services to publishers. Vox is a digital publishing company known, in part, for its proprietary content management system.

Software 8

Software Company Competitive Advantage Henderson 8

Harvard Business Review

DECEMBER 13, 2016

For years, Atrius Health had been focusing on standardizing processes, removing waste, and improving efficiency using improvement activities employing lean. Two per diem NPs were secured to run the prototype visits; the innovation center paid for their time out of its testing budget.

Health Care 8

Health Care Innovation Insurance P&L 8