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Stop Letting the Latest Trend Dictate How You Run Your Company

Leading Blog

As talked about in this Business Insider article , these trends have caused panic among leaders in all industries, who are now looking to combat these “new” issues, and consultants are right there with them, offering all sorts of “solutions.” Then prepare to be surprised: Your CEO, CFO, and COO may very well give different answers.

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0508 | Orly Lobel: Full Transcript

LDRLB

ORLY: Talent wars are everywhere in every industry in every region. Actually, reading the book reminded me of this old anecdote that I heard one time, a conversation between a sort of unnamed CEO and an unnamed CFO and essentially, the CFO was asking, “What happens if we invest all this money to develop our people and they leave?”

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How CMOs Can Get CFOs on Their Side

Harvard Business Review

Only when they began to really analyze their marketing costs did the company realize that it was spending three times the industry benchmark on coupons and 50 percent more on research. CMOs need to start building this relationship by having a clear understanding of what CFOs expect.

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A Refresher on Marketing ROI

Harvard Business Review

Track competitors’ MROI to gauge how your company is performing against others in the industry. “But sometimes, the incremental financial value attributable to marketing derives from its ability to increase customer loyalty and reduce customer churn. As a result, CFOs and CMOs are often at odds.

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You Don’t Need to Be a Silicon Valley Startup to Have a Network-Based Strategy

Harvard Business Review

Think of platforms and networks in our digital age as the equivalent of electricity and motors in the industrial age. Some are branded currencies , like the points in a loyalty program or the cash in an iTunes account or Starbucks mobile app. To achieve loyalty, most companies focus on managing their customer relationships.

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Prevent Your Star Performers from Losing Passion for Their Work

Harvard Business Review

As a researcher and consultant to executives across diverse industries, I know how common it is for successful, high-performing people to lose their passion for work — and their commitment to their organizations — over time. Ten years later, he was the global CFO of his firm. I wasn’t.

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Case Study: Should a Hotelier Invest in a New Kind of Online Travel Agency?

Harvard Business Review

Lotta Tindal, the chief marketing officer for the Dutch hospitality group Ervaring Hotels & Resorts, hadn’t wanted to come to the presentation, but Gerard Bakker, Ervaring’s CFO, had twisted her arm. “This is about trying to shake up the industry. trillion travel industry. “I don’t know.