Harvard Business Review

SEPTEMBER 21, 2018

In contrast, 70% of respondents think their boards have effective processes for staying current on the company; 69% for compliance; 66% for financial planning; and 55% for risk management — although we should note that managing risks is a crucial consideration when pursuing innovation.

Innovation 10

Innovation Short-term Telecommunications Long-term 10

Harvard Business Review

APRIL 6, 2016

The latest nuclear reactor designs, promising higher safety, longer operating life, and lower operating costs, cost up to $25 billion after factoring in the huge budget overruns. The common idea behind these models is that the company does not have to be the (full) owner of the asset to be its (sole) operator.

Co-Opetition 8

Co-Opetition Operations Cost Technology 8

Harvard Business Review

MARCH 21, 2018

Needed repairs and upgrades were delayed, worker training postponed, and risk assessments overlooked. The culmination was an incident at an insecticide plant in LaPorte, Texas, where, as a result of a basic process safety management failure , an extremely toxic chemical—methyl mercaptan—was released and two workers were overcome.

Operations 16

Operations Chemicals CEO Metrics 16

Harvard Business Review

JUNE 16, 2015

The issues in each of these buckets require new leadership, or at least a rethinking of it in the highest ranks of companies, and deep operational changes. We’re starting to recognize that this relatively new situation has important ramifications for how businesses operate, and we’re making some progress. Insight Center.

Constraint 8

Constraint Supply Chain Resources Operations 8

Strategy Driven

OCTOBER 25, 2013

My client (a different chemical company) later had a similar explosion. We therefore mounted a full-scope crisis management initiative that focused heavily on after-the-crisis help for the victims and their families. Another energy industry client operated coal mines. Finally comes Crisis Training.

Crisis Management 77

Crisis Management Crisis Risk Management Budgeting 77

Harvard Business Review

JULY 16, 2013

The industry with the greatest skills gap was IT & telecommunications, whose boards are in serious need of international-global expertise and HR-talent management. The region with the greatest board-level skills gap is Asia, where risk management and M&A adeptness are sorely needed.

Telecommunications 8

Telecommunications Biotechnology Health Care Real Estate 8

Harvard Business Review

MAY 20, 2013

It''s a lawyerly, exhaustive, exhausting rundown of all the things that could possibly weigh on the earnings of a giant global bank, from regulatory changes to loans going bad to a liquidity crisis to the possibility that "one or more of its employees causes a significant operational breakdown or failure."

Banking 8

Banking Crisis CEO Long-term 8

Harvard Business Review

OCTOBER 21, 2016

This can disrupt a firm’s ability to operate on schedule and budget. ” Improving risk management. ” Improving risk management. Climate change, water scarcity, and poor labor conditions in much of the world increase the risk. billion in mining projects since 2010. Fostering innovation.

Supply Chain 8

Supply Chain Price Loyalty Efficiency 8

Harvard Business Review

FEBRUARY 29, 2016

For example, it increased both the number and status of safety personnel, and it strengthened safety operating procedures. After the 2005 explosion, the Chemical Safety and Hazard Investigation Board pushed BP to focus more on safety. But learning waned as avoiding launch delays became increasingly important.

Organization 8

Organization McCombs Pharmaceuticals Learning-by-Doing 8

Harvard Business Review

JANUARY 17, 2011

Instead, the Commission's focus in the report is on the immediate causes of the explosion and on the individual and collective failures of BP (owner), Transocean (rig operator) and Haliburton (construction services) to assess and mitigate immediate risks — and to have effective crisis response plans. (It

Analysis 14

Analysis Report Operations Document 14

Harvard Business Review

JUNE 15, 2016

However, you’ve made the point that even though there are fewer intermediaries between supplier and restaurant, its operations can actually end up being more complex and fragmented, and therefore harder to control for safety. Operations in a Connected World. How can this be? Insight Center. Sponsored by Accenture.

Supply Chain 8

Supply Chain Price Globalization Outsourcing 8

Harvard Business Review

APRIL 20, 2017

In doing research on multinational operations in the Middle East and Africa, we’ve learned that companies are well aware of how President Trump’s foreign and trade policies could affect their businesses there. more competitive prices, more localized products) and improve their risk management and operational efficiency.

Depreciation 9

Depreciation Contingency Plans Policies Marketing 9

Harvard Business Review

FEBRUARY 27, 2014

a “maker of chemical refractories for the steel industry” (Harry Blackmun’s words), got a raw deal. Economy Finance Risk management' As a result, the Court’s four-man liberal minority of Blackmun, William Brennan, Thurgood Marshall, and John Paul Stevens found itself in the majority — and provided the votes for the decision.

Training 8

Training Efficiency Class Price 8

Harvard Business Review

AUGUST 23, 2016

Boards of companies operating in the consumer discretionary industry have a disproportionately high representation of Democrats, while boards operating in the industrials and energy and utilities industries skew more Republican. Meanwhile, Democrats place greater importance on technology expertise and risk management.

Politics 8

Politics Committee Telecommunications Diversity 8