Chartered Management Institute

NOVEMBER 15, 2023

Other key events we hosted included an in-person networking event with the HKU SPACE GMBA students and alumni, and four webinars on different topics: “Future Leadership in the Fourth Industrial Revolution”, “Deep Dives into STEM and Finance” as well as “Skills for New Employment Landscape” with the UNESCO HK Glocal Peace Centre.

Webinar 98

Webinar Education Conference Industry 98

Strategy Driven

NOVEMBER 6, 2015

When you own and operate a business you need to have certain procedures for an efficient and seamless function. Sometimes the difficulty of managing your time makes for a haphazard operation. An inefficient operation results in unproductive activities which often miss the point and worse yet, result in wasted time and wasted resources.

Succession 50

Succession Strategic Planning Budgeting Goal 50

Leading Blog

NOVEMBER 3, 2023

That’s a shame because the aviation industry as a whole still continues to be an industry model for how to operate with extremely high reliability despite having a highly fragmented set of organizational entities. The biggest challenge for companies when it comes to operational excellence is siloed behavior. logistics, and finance.

Industry 269

Industry Stage-Gate Organization Company 269

Harvard Business Review

MAY 27, 2011

By parallel, managers themselves might similarly benefit from "reverse-engineering" the criticism of not only outsiders but of their own colleagues: considering both parties as their benefactors on the road to greater performance. Keep the low-cost strategy but seek alternative ways for supporting it.

Engineering 15

Engineering PR How To Reputation 15

N2Growth Blog

MAY 5, 2011

Pricing impacts everything from strategy and tactics, to finance, to branding, to marketing and sales, to vendor selection and supply chain management, to recruiting and compensation, and to customer satisfaction and loyalty. However since most people require more than a day’s commitment I tend to work off monthly retainers.

Price 308

Price Discount Brand Supply Chain 308

N2Growth Blog

DECEMBER 7, 2010

I’m also not a fan of going to a blog to read third party news, press or the re-blogging of someone else’s information published for no other reason then to boost their search engine rankings. Like most things in life worth doing, blogging takes commitment and effort. It's crucial for your biz. Great post!

Blog 296

Blog Content Media Brand 296

Strategy Driven

OCTOBER 16, 2013

We remained steadfastly committed to having all our staff from custodians, plumbers, and bus drivers to engineers, architects, and finance directors, trained in the culture we wanted to create and the culture we expected each of our people to honor. We then required our entire staff to attend a week-long intensive program.

Leadership 63

Leadership Training Peer Review Budgeting 63

Chris Brady

SEPTEMBER 8, 2010

Commitment means you will persist with the process long before it appears to be working. It's what we know that just isn't so that holds us back the most. Be willing to do well what most people won't do at all. Deliberate practice over time is what separates the great performers from the great pretenders.

Process 73

Process EVA Letter Blog 73

Harvard Business Review

JUNE 18, 2015

In particular, we are interested in how many of their responses correlate with what academic finance knows and what it teaches. ” PE firms typically take three types of value increasing actions — financial engineering, governance engineering, and operational engineering.

CAPM 8

CAPM Discounted Cash Flow Company Rate of Return 8

Harvard Business Review

AUGUST 5, 2016

Under this financing structure, the company contracts to buy kilowatts, not the turbines and panels. They had framing conversations with the CEO and CFO early on to discuss any financial or operational challenges. The Texas site alone produces more energy than what Owens Corning uses across its significant Texas operations.

Energy 8

Energy Industry Finance CFO 8

N2Growth Blog

SEPTEMBER 9, 2010

At the same time, fighter planes were coming in low overhead, their engines echoing in the cavernous atmosphere of Manhattan. We’ll never take their commitment lightly. Fifth Avenue was shut down and everyone was walking in the middle of it headed from hospital to hospital or up to the Red Cross to give blood. My thoughts raced.

Blog 352

Blog Hotels Follow-up Brand 352

Harvard Business Review

JANUARY 21, 2016

The good news is that an increasing number of cities have made commitments to aggressive climate and sustainability goals , a trend we anticipate accelerating following the recent UN agreement in Paris. With the sustained national focus on codes, standards, and green-building certifications, such as the U.S. How can this be done at scale?

NPV 8

NPV Energy Efficiency Technology 8

Harvard Business Review

NOVEMBER 3, 2016

Sourcing for Commitment. Virtually every company we spoke to relied on nonprofit intermediaries to find candidates who had committed to training programs or apprenticeships in both hard and soft skills for the chance of stepping onto a career ladder. Year Up, a large source of opportunity-youth trainees in the U.S., ” .

Organization 8

Organization Chief Operating Officer Education Software 8

Harvard Business Review

AUGUST 2, 2018

” Of course, it’s not easy to rethink your professional path in middle age, when you’ve likely got a number of nonnegotiable commitments to consider — maybe a mortgage, a spouse or partner who has their own career, and children in school. ” Depending on your answer, “the prescription is different.”

Career 15

Career How To Learning-by-Doing Constraint 15

Harvard Business Review

DECEMBER 25, 2014

in January 1968 as a young 22-year old with $8 in his pocket and an undergraduate degree in mechanical engineering from IIT Bombay. This gave a clear message to the organization that the only consideration to advance in the company was performance and potential of the individuals and their deep commitment to the core values of the company.

Team 12

Team Diversity CFO TSR 12

Harvard Business Review

OCTOBER 14, 2013

To obtain an understanding of the costs, the center is applying a combination of two management tools: process mapping from industrial engineering and activity-based costing from accounting. Project team members with finance expertise contribute by supplying the cost rate for each person and equipment involved in the care processes.

Health Care 8

Health Care Kaplan Porter Cost 8

Women on Business

JANUARY 24, 2011

But many businesswomen are so overwhelmed with running day-to-day operations, there is little or no time to do a good job at casting the net of promotional effort out—whether through community activities, donations, networking events, promotional campaigns, public relations initiatives, or advertising—it is NEVER enough!

Press Release 100

Press Release Discount Sharpe Advertising 100

Harvard Business Review

JUNE 22, 2012

If businesses in China can import capital equipment, secure accounting and consulting services, hire the most efficient workers in the country, and secure financing for any project, how then will you compete? When it comes to day-to-day operations, however, they just don't compare.

Globalization 13

Globalization Competitive Advantage Software Consultative 13

Harvard Business Review

FEBRUARY 2, 2016

You’ll often find customer relationship management within marketing, budgeting within finance, supply-chain management within operations, outsourcing within procurement, training within HR, and new product development within R&D. Some of the first business functionaries were railroad telegraph operators who managed schedules.

Development 8

Development Supply Chain Incentives Outsourcing 8

Harvard Business Review

SEPTEMBER 8, 2017

These efforts have enabled operational efficiencies, cost reductions, and greater agility, preparing companies for the next phase of digital transformation: driving growth. This is a break from the traditional paths of finance, sales, and operations to the top spot. Over: CMOs take over new responsibilities.

CEO 8

CEO Marketing Span of Control Sports 8

Harvard Business Review

JULY 17, 2015

” Some are huge project teams, like the 600 Apple engineers who successfully developed the revolutionary OS X operating system in just two years (compared with the five years it took 10,000 Microsoft engineers to develop, and eventually retract, Microsoft’s Windows Vista).

Team 8

Team How To Efficiency Groupthink 8

Harvard Business Review

JANUARY 27, 2017

In reality, “handoffs” and transitions prove to be significant operational problems. But I cannot speak too highly of Steve Levy’s superb Backchannel discussion of how Google has committed to becoming a “machine learning first” enterprise. It’s a different kind of engineering.”

Outsourcing 8

Outsourcing Software CAPEX Competitive Advantage 8

Harvard Business Review

FEBRUARY 8, 2011

Different operational skills. If you are great at the finances, an early-stage Excel ninja partner probably isn't be the top priority. You and your partner must be committed to telling each other the truth all the time, even if it's tough to say or hear. Diversity on your founding team will give you strength. Total honesty.

How To 15

How To Long-term Learning Curve Entrepreneur 15

Harvard Business Review

OCTOBER 6, 2011

At Esquel Group, we have been committed to this philosophy over the last three decades and are trying to promote it beyond our corporate boundary. We have been deploying technology, re-engineering, training, and adopting modern IT-enabled management platforms to help our workers improve their productivity, hence their income.

Industry 10

Industry Strategy Supply Chain Long-term 10

Harvard Business Review

JUNE 1, 2016

Digital transformation halts, or fails, for many reasons—but most often it’s because minor changes at the surface level do nothing to affect the fundamental operations of a company. Reflect on whether others in your industry are operating under these different core beliefs, and how they might lead to disruption.

Business Model 8

Business Model Industry Metrics Budgeting 8

Harvard Business Review

MARCH 30, 2017

In aggregate, such dynamics would operate in a similar manner as unions, systematically raising the wages for low and middle earners relative to high-earners, such that the wage gaps between them are narrowed, thereby lowering wage inequality. There was also variation in whether these capital investments led to workforce reductions.

Marketing 8

Marketing Short-term Incentives Long-term 8

Harvard Business Review

SEPTEMBER 9, 2014

Madhavan: For many years, CEOs and executives have focused on improving the bottom line through cost cutting, finding efficiencies in operations and the supply chain. Having such a building sends a strong signal that all these different functions are committed to the innovation process. Companies have gotten better and better at that.

Price 11

Price Productivity Products Simon 11

Harvard Business Review

APRIL 9, 2013

operates in 13 countries, spanning a dozen languages. It is the commitment to English as the company''s official language. The most talented individuals in industries such as technology and finance spoke English, either as a first or second language. What do you do? Hire interpreters? My company, Rakuten, Inc.

Globalization 8

Globalization Company Software Learning-by-Doing 8

Harvard Business Review

MARCH 31, 2015

That exceeds its operating income of $52.5 If the government doesn’t invest, there will be nothing for these companies to engineer into products.” The American Society of Civil Engineers gives US infrastructure a grade of D+ and we hardly take notice. The case of Apple is an instructive, if extreme, example.

Innovation 8

Innovation Short-term Long-term Budgeting 8

N2Growth Blog

JUNE 17, 2010

In further pondering this dichotomy an interesting thought came to mind – If I could genetically engineer the perfect leadership gene what qualities and characteristics would constitute the architecture of leadership DNA? No single leader can possess every needed attribute. ” [link] lightridr Great post, Mike.

Definition 307

Definition Blog Leadership Covey 307

N2Growth Blog

JUNE 11, 2010

Like most things, building and maintaining your social media footprint should be engineered by design, but the truth is that most people allow it to be constructed by default. Don’t breach trust - you work far too hard to create a trust bond with your followers, so don’t blow it by not following through on your commitments.

Media 357

Media Influence Blog Real Estate 357

Harvard Business Review

NOVEMBER 5, 2012

For example, in the Twin Cities, a diverse group of policymakers, corporations, foundations, and community organizations have come together to link and integrate previously disconnected efforts around transit planning and engineering, land use planning, affordable housing, workforce development, and economic development.

Six Sigma 8

Six Sigma Long-term Innovation Definition 8

N2Growth Blog

DECEMBER 30, 2010

It is simply wrong to value your workplace commitments over your family commitments – moreover it’s not necessary. A related challenge your article brings to mind: the notion of a "balanced" life may not mean that at any given time one's time and other resources are committed in a balanced way. You are the best!

Blog 376

Blog Career Learning-by-Doing Advice 376

Harvard Business Review

MAY 8, 2017

Transformational CEOs Tend to be “Insider Outsiders” The list is topped by companies headed by visionary founders with no prior experience in their industries; Jeff Bezos came from the world of finance, and Reed Hastings from software. It’s a strategy that has also worked for others on the list.

Franchising 15

Franchising CEO Business Model Strategy 15

Ron Edmondson

APRIL 26, 2017

Mitigating challenges with finances, occupations, and children are ongoing and need constant attention. And with change, comes the decision to stay committed. A Lieutenant in the US Navy and a 2010 Naval Academy graduate, he has been training and performing as an operational leader for more than ten years.

Leadership 58

Leadership Learning-by-Doing Edmondson Finance 58

Harvard Business Review

AUGUST 8, 2014

A similar proposal to Split Finance would likely have been rejected out of hand by organization leaders (and Harvard Business Review editors), because its obvious that the Finance function must fit the organization strategy and leader capabilities. Yet this evidence is apparently not well-known.

Charan 14

Charan Finance Human Resources Supply Chain 14

Harvard Business Review

JUNE 26, 2018

The experience of the typical intrapreneur looks less like Spencer Silver, who developed the Post-It note while at 3M, and more like Steven Sasson, the engineer at Kodak who invented the portable digital camera. As is now well-known, instead of propelling Kodak into the future, the digital camera became a massive missed opportunity.

Incubator 8

Incubator Innovation Strategic Planning Human Resources 8