HR Digest

NOVEMBER 20, 2020

Coding, budgeting, and marketing operations are examples. Senior leaders and staff benefit from enhancing their technical knowledge with natural and learned behaviors like empathy or leadership. Hire a Chief Future Officer (CFO). To accommodate the escalating speed of change and plans for the future, hire a new type of CFO.

Skills 145

Skills Emotional Intelligence CFO Power 145

N2Growth Blog

AUGUST 22, 2010

The harsh reality is that great numbers of leaders continue to operate in a vacuum by sequestering themselves away in the corner office and attempting to lead from afar. So the real question is this…how does a CEO get to the point of being so disconnected from operations that he or she just doesn’t have a clue?

Blog 401

Blog Gordon CEO Consultative 401

N2Growth Blog

FEBRUARY 8, 2019

There are warning signs you may be stuck in founder-mode and not making the turn to leadership. Maybe your CFO is a family friend. Leadership is uncomfortable sometimes. And, you operate in a fishbowl. Leadership involves uncertainty. Leadership is messier that being the founder. Here’s an example.

Delegation 203

Delegation Maturity CEO Execution 203

N2Growth Blog

JUNE 29, 2010

Creating a framework for decisioning, using a published delegation of authority statement, encouraging sound business practices in collaboration, team building, leadership development, and talent management will all help even out the uneven. Where there is disagreement there is an inherent potential for growth and development.

Blog 282

Blog Brand CEO Consultative 282

CO2

SEPTEMBER 6, 2018

Your org chart can tell a more informed story by adding compensation information, date hired, communication/leadership style, potential successors, and the development plan. Communication/Leadership Style. These charts tell you where employees currently are, but not where they’ve been or where they’re going next. Potential Successors.

Leadership Styles 87

Leadership Styles COO Learning-by-Doing Planning 87

CO2

SEPTEMBER 6, 2018

Your org chart can tell a more informed story by adding compensation information, date hired, communication/leadership style, potential successors, and the development plan. Knowing the communication/leadership style of your coworkers can help you better utilize their skills and contextualize their input. 4.

Leadership Styles 78

Leadership Styles COO Learning-by-Doing Planning 78

Marshall Goldsmith

FEBRUARY 8, 2018

Jim Kim (President of the World Bank), Peter Drucker (founder of modern management), Paul Hersey (noted author, teacher, and personal mentor of mine), and Warren Bennis (one of the world’s greatest leadership thinkers of his time). Has been recognized as the World’s #1 Leadership Thinker. Author of two best-selling leadership books.

Executive Coaching 70

Executive Coaching CEO Magazine Banking 70

Persuasive Powerhouse

JULY 7, 2010

What shared interests can you learn about that you can combine to catalyze innovation for your organization? The CFO owns a couple. Mary Jo Asmus A former executive in a Fortune 100 company, I own and operate a leadership solutions firm called Aspire Collaborative Services. Thanks for sharing this one.

Greenleaf 200

Greenleaf Maslow Goal Goleman 200

Lead on Purpose

JULY 10, 2009

in the 1980s, put it this way: “In the end, all business operations can be reduced to three words: people, product and profits. With the right ‘business operations’ in place, your company will achieve success: People: In any company or organization, the real assets are the people. People come first.&#

Succession 133

Succession CFO Ethics Taylorism 133

Harvard Business Review

OCTOBER 2, 2014

It’s not easy for big companies to innovate. Moreover, the skills that are cherished and rewarded for achieving current results differ from those that aid in discovery and experimentation, both of which are needed to drive innovation. To reverse this, senior leadership took a number of steps.

Innovation 9

Innovation Metrics Christensen Workshop 9

Miles Anthony Smith

MAY 2, 2018

While many equate strong personal branding only to powerful leadership, there's a lot more that goes into crafting a personal brand statement. Great leaders often align their leadership values with personal beliefs and ethics of their own. Unlike a business, your personal brand doesn't have hours of operation, it simply is 24/7/365.

Brand 68

Brand Examples Career Godin 68

Harvard Business Review

JULY 17, 2017

Despite rapid innovations in data processing and machine learning, many businesses have yet to make the leap from the Industrial Age to the information age, and the gap between technological and organizational progress is widening. Closing this gap requires much more than short-term fixes, like adopting new technologies. Insight Center.

Industry 13

Industry Short-term Planning Long-term 13

Harvard Business Review

MARCH 6, 2013

But this makes the still lingering CMO-CFO disconnect even more significant, as both executives are now stewards of that critical corporate data. We found that we shared a passion for finance, the stock market, innovation, and marketing (and, candidly, politics). But determining which sales are truly incremental isn't always easy.

CFO 8

CFO Advertising Finance Marketing 8

Harvard Business Review

OCTOBER 11, 2018

It’s a solution we discovered during our research in India, and involves breakthrough innovations that drive down health care delivery costs so much that the margins from serving those who can pay is more than enough to cover the costs of those who cannot. a cataract operation can cost $200 or less, compared with $3,500 in the U.S.

Health Care 8

Health Care Insurance Cost Price 8

Harvard Business Review

JULY 21, 2016

Ironically, this allows them to actually gain stature as the “innovators” are discredited and C-suite power shifts back to how it was. Many CEOs underestimate the impact of mental models in the innovation process, often assuming that “thinking outside the box” exercises address the issue.

CEO 8

CEO Competitive Advantage ROI CFO 8

Harvard Business Review

MAY 31, 2017

Before 1999 “performance” had a simple, unidimensional definition for health care leaders and their boards: It was shorthand for the CFO’s financial report, summarizing operating margins. How the most innovative providers are creating value. Insight Center. The Leading Edge of Health Care. Sponsored by Optum.

Health Care 13

Health Care Chief Financial Officer Comparison Quality 13

Harvard Business Review

FEBRUARY 26, 2016

Change the dialogue in the senior leadership team to focus on the end-to-end customer experience. Balancing the short-term and long-term is a dynamic leadership challenge. ” GE adopted its FastWorks initiative, based on lean startup principles, to cut bureaucracy around innovation. Tom Watson, Jr. Cut layers.

Short-term 8

Short-term How To Venture Capitalist CFO 8

Harvard Business Review

JUNE 16, 2015

And as an HBS white paper points out, even some of today’s most mainstream executives — from the CTO to even the CFO — were once just new positions created to deal with “significant opportunities and risks emerging from technological or social disruptions.” The Future of Operations. Insight Center.

Constraint 8

Constraint Supply Chain Resources Operations 8

Harvard Business Review

SEPTEMBER 28, 2012

The same investment logic holds for Apple's innovation ecosystem; the flow and fortune of its third-party apps development alone would yield valuable insight. But that mind-set's simply too focused and operational. Any data-driven, analytics-obsessed trader or investor would be thrilled running a Facebook fund.

Hedge 15

Hedge Core Competence CFO ROI 15

Harvard Business Review

FEBRUARY 20, 2013

The question is how to equip employees with the skills to handle complexities such as creating innovative solutions to emergent problems, understanding new markets, and pushing back on the "status quo." They too have struggled to operate in complex environments, and have developed the skills and expertise to overcome these challenges.

Entrepreneur 8

Entrepreneur Company Six Sigma Franchising 8

Harvard Business Review

DECEMBER 17, 2015

A new study by The Bridgespan Group, based on a survey of more than 400 nonprofit C-suite executives and dozens of interviews, surfaced this surprising finding and discussed how to address this leadership development deficit. For example, Cesar Bocanegra started as VP for operations, then asked to take on human resources as well.

Development 8

Development Mentor COO CFO 8

Harvard Business Review

DECEMBER 26, 2014

We have reviewed hundreds of corporate announcements and websites, interviewed numerous leadership experts, and conducted an analysis of CEO changes and successions over the past five years at S&P 500 and Global 100 companies. Through this effort, we have observed certain characteristics of this emerging trend.

CEO 13

CEO Contingency Plans Telecommunications Planning 13

Harvard Business Review

OCTOBER 18, 2013

Next, the 10-member senior leadership team used a variety of means, such as town halls, and videos of executives explaining the plan, to clearly and repeatedly communicate the urgent need for cost reduction as a requirement for process redesign across the system that would ultimately improve patient care. Capitalize on success.

Cost 8

Cost Health Care Six Sigma Insourcing 8

Harvard Business Review

APRIL 6, 2011

The leadership got impatient waiting for demonstrated results. Process champions must have them ready for the day when the CEO or CFO effectively says, "Show me the money.". Brad Power is a consultant and researcher in process innovation. What can we learn from this failure? How can you avoid this happening to you?

Process 15

Process Six Sigma Finance Short-term 15

Harvard Business Review

JANUARY 12, 2015

One CEO told me she was considering firing her CFO because he consistently ran his monthly financial report by the Operations VP before showing it to her and, as she realized, was letting the Operations VP unduly influence when revenues and expenses were recognized. Insiders tolerate ambiguity and uncertainty.

How To 8

How To CEO P&L Uncertainty 8

Harvard Business Review

JUNE 7, 2012

In my last post , I argued that you should start process innovation by asking front-line workers how to improve their jobs. It's not easy, to be sure, but some companies have managed to spur their employees to innovation by observing a few principles. Protect the Downside — Demonstrate a Commitment to Continued Employment.

Attrition 15

Attrition CFO Deming Outsourcing 15

Harvard Business Review

JANUARY 16, 2013

No advertising innovation: The "I'm a Mac/"I'm a PC" campaign ran for three and a half years without a refresh. In 2004, Apple's CFO, Fred Anderson, left the company. Volatile stock: In 2008, under Jobs, the stock price dropped by more than 50%. Bad quality control: MobileMe, antenna-gate. No iPad mini at all.

Marketing 12

Marketing Stage-Gate Advertising Price 12

Harvard Business Review

JUNE 7, 2012

In my last post , I argued that you should start process innovation by asking front-line workers how to improve their jobs. It's not easy, to be sure, but some companies have managed to spur their employees to innovation by observing a few principles. Protect the Downside — Demonstrate a Commitment to Continued Employment.

Attrition 12

Attrition CFO Deming Outsourcing 12

Harvard Business Review

SEPTEMBER 29, 2011

In addition they operate from a plan — however confidential it may be — to strengthen the team year over year. For example, Tim Sheahan, Chief Financial Officer for a large division of a multi-national corporation, aspires to become CFO of a Fortune 100 company in the future.

Execution 14

Execution Team Chief Financial Officer Finance 14

Harvard Business Review

APRIL 9, 2015

“Introduce yourself, and take a little time to get to know people, how they operate, and how they act.” That positive, innovative approach is not only far more likely to lead you to a beneficial solution, but also to a place of trust. We have to remember that they may be operating under constraints as well.”

Supply Chain 8

Supply Chain How To Price Case Study 8

Harvard Business Review

OCTOBER 26, 2016

Instead she was ramping up mobile-banking operations—which competitors were also doing—and looking to experiment with something more innovative: partnerships with supermarkets and electronics stores that would allow FDM to set up kiosks within them. “Change is necessary to survival,” Sophie replied.

Case Study 8

Case Study CEO Banking Agility 8

Harvard Business Review

JUNE 21, 2016

You used to be able to track everything with an Excel spreadsheet, personally designed by your CFO; now you’ve got an SAP installation in its place, supported by an entire IT department. Founded in 1966, Norwegian quickly became an innovator in its field as the first company to offer round-trip cruises that nearly anybody could afford.

Company 10

Company IPO Price Loyalty 10

Harvard Business Review

MARCH 7, 2017

Employees and other constituents should expect HR to hold leaders accountable for fiduciary and strategic risks, just as a CFO would be expected to hold leaders accountable for a risky pattern of using corporate funds or resources. Are these acceptable growing pains? In one word: No. HR can and should demand more of leaders, and vice versa.

Compliance 12

Compliance Hedge Human Capital Finance 12

Harvard Business Review

AUGUST 1, 2017

In my experience, legacy managements too frequently misunderstand recommenders’ role in driving innovation and cultural change. But, to the C-suite’s great credit, leadership insisted that everyone cooperate. That represents an organizational, operational and cultural breakthrough, not just a digital one.

Engineering 8

Engineering Company White Paper Cooper 8

Harvard Business Review

JUNE 22, 2012

Although Nestle's consumers and "shoppers," as they are referred to, were about 80% female, only 3% of managers in the company's leadership pipeline were women. Yet the all-male leadership team had only a single Swiss national. The focus in the first phase has been on the visible promotion of women to the leadership ranks.

Leadership Pipeline 11

Leadership Pipeline CFO Committee Globalization 11

Harvard Business Review

OCTOBER 10, 2016

As work itself is changing, some of the basic tenets of leadership development are being challenged. employees, customers, free agents, communities we operate in) and so much more. The very idea of leading people in jobs is changing with the democratization of work and the continued advance of digital technology. Insight Center.

Leadership Development 8

Leadership Development Disaggregation Development Leadership 8

Harvard Business Review

JANUARY 7, 2011

Air Products, for example, tripled corporate productivity (hard profit-and-loss benefits) from 2003 to 2006, and boosted operating return on net assets from 9.5% Attention shifted : The effort to install process owners started out with top management support and attention, but then more urgent issues arose, or senior leadership changed.

Process 15

Process Champy Competitive Advantage Hammer 15