Strategy Driven

FEBRUARY 12, 2016

Be aware, however, that constant re-engineering, reorganization, and restructuring in pursuit of efficiency (or the latest management fad) has a questionable effect at best. Adjusting in order to thrive, however, requires competent leadership and commitment to creating the best possible corporate culture. Commitment Culture.

Succession 50

Succession Teamwork Restructuring Commitment 50

Strategy Driven

OCTOBER 16, 2013

They learned and practiced how to communicate effectively and resolve conflicts, build teams to succeed, lead meetings that didn’t waste time, lead change that would stick, walk the talk with our organizational values, and finally how to engage and manage our talent. High quality service was not a value before we started.

Leadership 63

Leadership Training Peer Review Budgeting 63

Strategy Driven

JANUARY 12, 2024

The innovations are endless, from peer-to-peer payments to automated portfolio managers and trading platforms. Finance digital transformation involves leveraging cutting-edge technologies for better operational efficiency and enhanced strategic decision-making. FinTech companies are putting a new twist on financial concepts.

Finance 99

Finance Technology BPM Company 99

Harvard Business Review

JUNE 2, 2015

managers , he said the proportion of U.S. firms with structures organized around customers would grow from 32% to 52% as firms raced to build customer-centric organizations, and he interviewed companies including IBM and Systems Group that had announced customer-centric restructurings. In his 2006 survey of U.S.

Restructuring 8

Restructuring Company Henderson Health Care 8

Harvard Business Review

AUGUST 9, 2016

The types of private equity firms and the approaches to managing these firms has evolved over the last 40 years through three general phases. These buy outs shifted agency from owners to managers; “corporate raiders” worked with high-yield debt to fund these turnarounds. Large private equity firms (e.g.,

LBO 8

LBO Restructuring Real Estate Leveraged Buy-out 8

Harvard Business Review

MARCH 14, 2014

Right away, the senior management team converts its PowerPoint decks into a road show that explains the strategy, develops a comprehensive implementation plan, sets up a program management office, establishes steering committees, assigns roles, and even starts restructuring. But after six months the plan starts to falter.

Strategy 8

Strategy Restructuring Committee Short-term 8

Harvard Business Review

APRIL 5, 2017

While a laudable effort in principle, measuring a company’s tendency to make myopic operating and investing decisions is fiendishly complex. But the other indicators probably pick up legitimate differences in how companies in the sample operate, as opposed to whether they are myopic.

EPS 8

EPS Metrics Depreciation Short-term 8

Harvard Business Review

MARCH 15, 2012

How to find good quality employees, how to hang onto them, and how to develop them into better employees — these are the questions managers across the world constantly wrestle with. The end result is that companies would be able to retain talented employees who are more committed to the organization.

Organization 13

Organization Restructuring Talent Management Skills 13

CO2

JUNE 29, 2010

And perhaps more importantly, anyone occupying a position of authority plays a followership role at times, as first-line supervisors report to mid-level managers, mid-level managers report to vice-presidents, vice-presidents report to CEOs, CEOs report to Boards of Directors, etc.

Executive Coaching 129

Executive Coaching Execution Blog Self-aware 129

Harvard Business Review

JULY 26, 2011

Many love to boast when their revenues soar, or publicize the strategic restructuring of their organizational response committees (whatever that means). But often missing from a firm's communications is something absolutely fundamental to its operations: its values. Establish core values across the company, not just within management.

Mission Statement 15

Mission Statement Restructuring Committee Ethics 15

Harvard Business Review

DECEMBER 10, 2015

Many of us are familiar with the hazards of Groupthink - when teams or organizations operate on autopilot and feel a general false sense of invulnerability. They wind up maintaining course without appropriately considering emerging risks, debating alternative scenarios, or exploring new courses of action.

Groupthink 8

Groupthink Team Consensus Christensen 8

Harvard Business Review

MAY 5, 2016

Aggravated and depressed by the decline of their core memory business in the 1980s, Intel’s top management struggled for strategic clarity. They see disrupted incumbents from retail, finance, health care, transportation, professional services, and manufacturing requiring radical restructuring of assets, productivity , and innovation.

Levitt 8

Levitt Disaggregation Kaizen Call Center 8

Harvard Business Review

JUNE 23, 2016

The senior commercial and scientific directors formed a “circle of leaders” comprised of 23 senior managers who had no meaningful history of collaboration on strategic initiatives. The only questions the circle should avoid are what to do about current operational problems.

Leadership 10

Leadership Diversity Committee Long-term 10

Harvard Business Review

SEPTEMBER 1, 2011

to the revolution in Libya, from the continuing economic upheaval to Steve Jobs announcing his resignation as CEO of Apple and to HP restructuring their business, and from earthquakes to hurricanes and floods, each event is yet another chink in our sense of stability and control of the environment around us. From News Corp.

Uncertainty 14

Uncertainty Politics Restructuring Technology 14

Harvard Business Review

AUGUST 10, 2012

While on the surface revenues remained strong, its rapport with customers and physicians was rapidly eroding, and its reputation was being bludgeoned by lawsuits and a national backlash against health maintenance organizations and managed care (which Aetna had championed). Its operating income recovered from a $300 million loss to a $1.7

Health Care 14

Health Care Restructuring Resistance Long-term 14

Harvard Business Review

FEBRUARY 24, 2015

The first category is exogenous factors over which the business has little control: the growth of the markets into which it sells; the competitive intensity and thus the average profitability of the industry in which it operates; or the fragmentation of its industry and thus the scope for a growth-by-acquisition approach.

Chemicals 8

Chemicals How To Kahneman Reputation 8

Harvard Business Review

FEBRUARY 2, 2016

We thought that creative, capability-rich companies would have paid a lot of attention to the way they organized and the value that restructuring gave them. Some of the first business functionaries were railroad telegraph operators who managed schedules. The functional model of organization dates back to the 1850s.

Development 8

Development Supply Chain Incentives Outsourcing 8

Harvard Business Review

SEPTEMBER 26, 2011

Stock-based incentive compensation aligns the self-interest of management with shareholders, and a performance-based pay system increases employee motivation. In my experience, these beliefs have led managers and boards to take actions that have had unintended, destructive consequences. I disagree.

CEO 15

CEO Short-term Long-term Restructuring 15

Harvard Business Review

MARCH 8, 2013

IRS Reform and Restructuring Act of 1998); and an outstanding, senior executive from the private sector, Charles Rossotti , was appointed for a five-year term to drive the changes. Under Rossotti's guidance, the IRS reorganized from a geographic structure to four new customer-oriented operating divisions.

Bureaucracy 8

Bureaucracy Innovation Supply Chain Long-term 8

Harvard Business Review

JULY 2, 2013

But it hasn''t yet tackled its operational challenges, the root causes of the country''s crisis. The fact is that Greece is monstrously inefficient as a manager of public services. Predictably, Greece was unable to meet its commitment. Change management is the current imperative for Greece. It is past time.

Politics 8

Politics Restructuring Crisis McKinsey 8

Harvard Business Review

MAY 15, 2014

The report describes the company’s governance response and changed compliance framework — from holding 20 audit committee meetings in 2014, to substantial organizational restructuring, to enhanced education and training. Also at issue are what and when management told the board and what processes the board had for oversight.

Compliance 8

Compliance Committee Globalization CEO 8

Harvard Business Review

MARCH 5, 2015

The best managers know when it’s time to increase your pay for a job well done. And how can you make it easier for your manager to say yes? It can be difficult to approach your manager for a raise. It can be difficult to approach your manager for a raise. Managing Yourself Article. How do you prepare for it?

How To 8

How To Case Study Restructuring Pharmaceuticals 8

Harvard Business Review

NOVEMBER 19, 2013

Innovation consultancies tend to have a preferred methodology for working with their clients, such as human centered design (also called ‘design thinking,’ popularized by IDEO, Continuum, Frog Design and others), Lean Start-up, or analytical models used by large management consulting firms.

Innovation 9

Innovation Company Entrepreneur Constraint 9

Harvard Business Review

MARCH 20, 2017

Managers have a tendency to belittle the people we see as “resistant to change” – the employees who don’t change fast enough. Yet for all its innovation, Amazon’s approach to managing its money has changed little in 20 years. It is to ask of change in any one area of the business: At what pace?

Short-term 9

Short-term Drucker Resistance Restructuring 9

Harvard Business Review

AUGUST 21, 2017

To the firm, I was the “ ideal worker ” — a phrase sociologists use to describe a problematic archetype of a fully committed employee with no personal “entanglements.” These advances will have also significantly increased the workload of more senior managers, keeping them working around the clock.

Team 12

Team Conference Restructuring McKinsey 12

Harvard Business Review

FEBRUARY 14, 2011

To forestall unrest, Jordan's King Abdullah II removed his cabinet , and Yemen's President Ali Abdullah Saleh has committed to leave at the end of his term. Such actions are important, but the longer-term question still looms: How will firms deal with the ongoing political risks of operating in the region?

Strategy 13

Strategy Politics Short-term Long-term 13