Harvard Business Review

NOVEMBER 22, 2017

For every company wrestling with evolutions in its strategy, success depends as much on matching the operating model to those evolutions as it does on the soundness of the strategy itself. Crucially, the operating model also must define ways of working and behaviors that actually bring your company’s strategy to life.

Strategy 8

Strategy Company Banking Apparel 8

Harvard Business Review

DECEMBER 23, 2016

This leaves operating managers, the ultimate “consumers” of talent, to choose between two talent acquisitions methods (or “sourcing channels”): Either engage HR to acquire employees or engage Procurement to acquire contingent workers. Create one integrated workforce strategy.

Strategy 8

Strategy Span of Control Finance How To 8

Harvard Business Review

JULY 13, 2015

Rather than relying on potentially impracticable targets such as “Take last year’s performance and add 10%,” you can use an assessment of the probability of success to anchor evaluation of performance-improvement strategies. Many budgets and strategic plans include financial performance goals of some sort.

Goal 8

Goal Strategic Planning Strategy Objective 8

Harvard Business Review

JUNE 26, 2013

The original IT department was formed to centralize a unique expertise that could purchase, implement, and manage technology in the enterprise. Only the largest of enterprises could afford the best technologies, and even for those with the largest bank accounts, IT strategies were limited to basics like CRM , ERP , or email.

Supply Chain 8

Supply Chain Competitive Advantage Information Technology How To 8

Harvard Business Review

FEBRUARY 5, 2016

The continent’s long-term potential remains attractive, but a company’s success in the current environment will depend on its strategy. The medical devices firm may decide to focus on South Africa, despite the low-growth environment, because the budget spent on health care is still considerably large there.

GDP 8

GDP Politics Marketing Bottom-up 8

Harvard Business Review

FEBRUARY 1, 2011

My last post talked about how a little-known company , Grace Manufacturing, took a flexible and opportunistic approach to its strategy when its core business faltered. Everything was done seat of the pants and with minimal budget. We all know how this story turns out — today Honda is a dominant player in the U.S.

Strategy 15

Strategy Automotive Short-term Marketing 15

Harvard Business Review

MARCH 9, 2011

Overall, we found that more than half of our survey respondents have adopted OSS solutions as part of their IT strategy. in their deployed software portfolios, which is a 3 percentage point increase from the current budget year. She focuses on application development, open-source technology, and project and portfolio management.

Software 15

Software Tips Licensing Survey 15

Harvard Business Review

JANUARY 18, 2012

Palmisano warned against prioritizing shareholders or other constituents, calling this "a false choice," and explaining that "Long-term management is a serious challenge in a world driven by short-term thinking. Known for walking out of long meetings to make sales calls, he shortened IBM's two-month annual budget process to six days.

Globalization 15

Globalization Golden Parachute Short-term Long-term 15

Harvard Business Review

MARCH 13, 2017

Organizations waste too much time - see how Bain helps them manage it like money in this 10-minute video slide deck. reset the budgets. Reset the Budgets. We recommend zero-based budgeting and planning to make the choices clearer. Related Video. Your Scarcest Resource. redesign the operating model.

Zero Based Budgeting 13

Zero Based Budgeting Organization Budgeting How To 13

Harvard Business Review

NOVEMBER 17, 2017

Ensuring that the company is investing behind the change means that leaders recognize that the budget process is one of the most important tools in closing the strategy-to-execution gap. Cost isn’t an exogenous variable to be managed—it is the investment in doing the most important things well. Execute the strategy.

Execution 15

Execution Strategy How To Budgeting 15

Harvard Business Review

MARCH 10, 2017

” Call it cost management fatigue. When doing research for our book , we found that the main reasons most companies suffer from this syndrome are that they make across-the-board cuts that are unconnected to their strategy, and fail to make the cuts sustainable. First, connect costs and strategy.

Cost 10

Cost How To Budgeting Strategic Planning 10

Harvard Business Review

DECEMBER 13, 2016

The bank was using a project management tool, but the lack of discipline in keeping it up to date made it largely fruitless. Capacity, not strategy, was determining which projects launched and when. I have over 20 years of experience in prioritizing, selecting, and managing projects. The predicament is a typical one.

Project 8

Project How To Objective Efficiency 8

Harvard Business Review

SEPTEMBER 13, 2013

The key, of course, is managing when rivalry is appropriate — and when it's dangerous for both your employees and your company. But austerity, Europe's budget-slashing policy, may be causing a preventable public health crisis that's also costing countries more in the long run. "Am I gonna be psycho?"

Class 8

Class Health Care Supply Chain Globalization 8

Harvard Business Review

OCTOBER 10, 2018

Capitec gets many things right in terms of its strategy, including its market positioning, internal operations, and organizational culture. Hence, when a new potential stream of revenue presents itself, the company’s management feels it cannot afford to just leave it. Yet Capitec’s management was thinking ahead.

Banking 8

Banking Industry Bottom-up Resistance 8