Remove Budgeting Remove Finance Remove Innovation Remove Resistance
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Transforming Finance: The Role of a Financial Technology Company in the Digital Age

Strategy Driven

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. FinTech companies are putting a new twist on financial concepts.

Finance 121
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Fear of Loss of Group Membership is More Powerful Than Management

Mike Cardus

Resistance to Change and Learning Anxiety. The district managers operated under a control and command system and asking them to switch to coaching & feedback was met with great resistance. People resist change because they think that no-one is doing it…this is reinforced by peer groups creating confirmation bias.

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Cooperation and Outward Spiraling Success Loops

Mike Cardus

We know the Resistance Loop. I argue that it works way better than the resistance loop and the results are greater for everyone. The finance team in a Health Care Company. The finance team in groups of 3 flip charted those responses. It was good…we had some resistance stories and mainly cooperation stories.

Cooper 139
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Health Care Innovation Doesn’t Have to Be Driven by Profit

Harvard Business Review

Parkland receives 36% of its hospital operating budget ($535 million in FY2016) from county funds, not for episodes of care (as in the insurance model) but to design and provide the best possible care for our population. By contrast, nearly every program at Parkland “loses” money (if you think in typical hospital-finance terms).

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What We Learned About Bureaucracy from 7,000 HBR Readers

Harvard Business Review

Interestingly, individuals working in customer service, sales, production, logistics and R&D were more likely to feel that bureaucracy was growing than those working in functions like HR, finance, planning, purchasing, and administration. budgeting, goal-setting, performance reviews) to be “very helpful.”

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How Separate Should a Corporate Spin-Off Be?

Harvard Business Review

The traditional advice, from Clayton Christensen’s work on disruptive innovations and Michael Tushman’s on organizational ambidexterity , is to set up the new activity as a separate unit, reporting to a manager at the corporate headquarters who can sponsor the new activity and help to integrate it with the rest of the company.

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Military Leadership Lessons for Training Doctors

Harvard Business Review

Even a full professor typically remains ignorant of vital skills related to organizational behavior, operations management, finance and strategy. The coursecovers topics including healthcare policy, finance, and organizational culture as well as decision making (led by an Air Force colonel) and conflict resolution (led by a minister).