HR Digest

DECEMBER 15, 2023

Cruise layoffs will affect around 24% of its workforce as it works to restructure operations following an accident that forced it to halt U.S. We are confident in the team and committed to supporting Cruise as they set the company up for long-term success with a focus on trust, accountability and transparency.”

Chief Operating Officer 59

Chief Operating Officer Quinn Restructuring Operations 59

Strategy Driven

MAY 29, 2020

Marketing, funding and staffing will be more high priority facets of your business in the coming months. Be responsible when shaving off wage commitments. As a caring employer, try to restructure your business to save as many jobs as possible. You can even identify bottlenecks and work on making your processes more fluid.

Efficiency 67

Efficiency Process Outsourcing Restructuring 67

HR Digest

NOVEMBER 4, 2023

While it can feel like a localized issue, such market changes are just as possible in U.S. With the job market and economy constantly shifting, companies need to start valuing the work that goes into the retention process in HR. industries and it emphasizes the importance of the retention process in HR.

Process 59

Process Attrition Trends Training 59

Jesse Lyn Stoner Blog

SEPTEMBER 24, 2012

This was the situation the leaders of Southern New England Telephone Company (SNET) faced in 1994 when Connecticut deregulated the local market. It involved restructuring into wholesale and retail operations and providing an array of new retail services. .

Process 199

Process Telecommunications Tips Productivity 199

Strategy Driven

SEPTEMBER 22, 2021

That’s not good news for the job market when workers cannot vouch for the long-term business survival of the establishments they work for. To get their interests and commitment back to where it was before (or even a notch higher), you must engage them fully. Re-examine existing marketing activities. How can you do that?

Finance 83

Finance Long-term Banking Restructuring 83

Center for Creative Leadership

MAY 19, 2019

As organizations adapt in the face of change, employees need strong leaders who can clearly communicate the new direction, align the company’s resources, and get commitment from everyone involved. Maintaining a market position under intense pressure. Our perspective is that leadership takes direction, alignment, and commitment (DAC).

Altman 76

Altman Decentralization COO Restructuring 76

Marshall Goldsmith

DECEMBER 16, 2013

Restructuring has led to fewer layers of management, also to fewer opportunities for promotion. Leaders can no longer afford to let the vagaries of the job market determine who leaves and who stays. It also enhances the young leaders’ commitment to stay with the firm. The decline in opportunities for promotion. .

Bureaucracy 151

Bureaucracy Intellectual Capital Kotter Telecommunications 151

Strategy Driven

OCTOBER 21, 2016

It had earlier set an ambitious target of taking a quarter of Japan’s auto market, but to achieve that, the chief executive had said that the old way of making and selling cars would no longer suffice. Nissan’s market share in Japan had stalled at just 16 percent, it was faring little better abroad, and losses were mounting everywhere.

Chief Operating Officer 50

Chief Operating Officer Short-term Strategic Fit Restructuring 50

Strategy Driven

JANUARY 12, 2024

This can be done in various ways, including automating processes, restructuring how tasks are completed, and minimizing the amount of time employees spend on non-productive activities. Financial technology companies can also help improve efficiency by introducing new tools and products to the market.

Finance 109

Finance Technology BPM Company 109

Harvard Business Review

MAY 7, 2018

Mark’s boss was leading meetings to discuss restructuring the research business, and hadn’t been including Mark on the invites. In an effort to not step on toes, he had been deferring to his boss on the restructuring — but his passive approach was undermining him. He wondered whether his voice was appreciated.

Restructuring 13

Restructuring How To Compliance Biotechnology 13

Harvard Business Review

JANUARY 9, 2018

In competitive markets, managers have a strong incentive to give their best effort. ” Similarly, without sufficient monitoring by owners of the firms or the stock market, managers might be tempted to enjoy the quiet life instead of making hard decisions or taking on difficult tasks. .” Kenneth Andersson for HBR.

Restructuring 8

Restructuring Management Marketing Incentives 8

Harvard Business Review

JUNE 2, 2015

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. Its 2002 restructuring offered little incremental benefit while adding cost and complexity.

Restructuring 8

Restructuring Company Henderson Health Care 8

Harvard Business Review

OCTOBER 5, 2018

From leadership transitions and restructurings, to mergers and acquisitions, to regulatory changes, there seems to be constant unrest in the workforce. When employees don’t understand why changes are happening, it can be a barrier to driving ownership and commitment and can even result in resistance or push back.

Resistance 15

Resistance Commitment Uncertainty Restructuring 15

Harvard Business Review

MAY 28, 2018

He asked one former major investor for a reaction to the company’s prediction (accompanying poor quarterly results): “that the [current] market contraction will bottom out soon and our profits will improve.” Not until the restructuring was completed would Nikon pursue a growth agenda. What he heard was uncomfortable.

Company 8

Company ROIC CFO Restructuring 8

Harvard Business Review

AUGUST 9, 2016

The primary focus was on fixing the acquired firm through financial restructuring, dramatic cost cutting, and strategic slashing. These “buy, fix, manage, and then sell” PE firms were essentially umbrella holding companies while the acquired firms would become better managed before returning to the public market.

LBO 8

LBO Restructuring Real Estate Leveraged Buy-out 8

Harvard Business Review

JULY 15, 2013

The fastest-growing segments of America''s job market — by far — are temporary and part-time employment. Amazon has its below-the-radar " Mechanical Turk " workplace market. Technology doesn''t just facilitate automation and innovation; it makes contingent, temporary and part-time job markets more efficient and effective.

Human Capital 9

Human Capital Real Estate Human Resources Disruptive Innovation 9

Harvard Business Review

JANUARY 29, 2018

For the former, we examined the presence and market penetration of disruptor companies; we also considered incumbents’ financial performance. For the latter, we measured incumbents’ operational efficiency, commitment to innovation, and defenses against attack. Supermarkets are a case in point.

Industry 8

Industry Fixed Assets Retail Market Penetration 8

Harvard Business Review

AUGUST 25, 2011

That may be why so many people delay putting themselves on the job market even when they know they should act. So he remained at the company — and the next time there was a restructuring, he was laid off. Not to mention you're putting your career — and even your sense of self — on the line.

Restructuring 14

Restructuring Career Outsourcing Marketing 14

Harvard Business Review

FEBRUARY 27, 2015

Greece did have some good arguments going for it: It had achieved the biggest fiscal adjustment any developed country had mustered so far , stabilized its economy, and restructured its private debt. This is precisely what it did with Greece in the first place, by not allowing it to restructure in 2010, and thus building this mountain of debt.

Restructuring 8

Restructuring Policies Crisis Banking 8

Harvard Business Review

MARCH 15, 2012

Especially in slack labor markets like the one we have now, employees are also petrified that they will not appear to have the skills that are required to fit changing jobs, especially as companies restructure, losing their jobs in the process to some outside hire. So development and advancement are hard to come by.

Organization 13

Organization Restructuring Talent Management Skills 13

Harvard Business Review

APRIL 30, 2014

We should be looking at culture, climate, and especially commitment to diversity and inclusiveness of leadership, regardless of who sits at the table. The change reflects not a lack of commitment to diversity by Siemens, but a substantial effort by their new CEO to restructure the company and prepare it for the future.

Diversity 8

Diversity Execution Commitment Banking 8

Harvard Business Review

AUGUST 12, 2013

But as developed nations restructure from manufacturing to knowledge and services, my bet is on the moms, or more specifically, women — and men who can think like them. While leaders spend considerable time and effort trying to envision markets and pushing out innovation, empathy can often generate simple, yet breakthrough ideas.

Sample 13

Sample Hedge Restructuring Conference 13

Harvard Business Review

SEPTEMBER 16, 2011

In addition to the usual metrics — return on investment, growth in market share, increases in shareholder value — Johansson uses what he calls the "kitchen table test": At breakfast with his family on Saturday mornings, he asks himself, How easy is it to explain what I have accomplished this week and the decisions I have made?

Restructuring 12

Restructuring Short-term Long-term Outsourcing 12

Harvard Business Review

MAY 5, 2016

Stagnant growth in its core PC market recently led Intel to announce layoffs of roughly 12% of its workforce. The company will also eliminate a key chipset in the difficult tablet and smartphone market. Bottom line: Does management commit to ROUXE — Return on User Experience Enhancement — metrics to help run the business?

Levitt 8

Levitt Disaggregation Kaizen Call Center 8

Harvard Business Review

JUNE 20, 2014

You’re an executive of a clothing retailer and your marketing team detects a new trend that you’re well-positioned to feed. They get locked into detailed agreements that turn out to be poorly aligned with their aspirations and that provide no room for innovation when markets change.

Innovation 8

Innovation Retail Banking Price 8

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). That has direct and indirect effects on the economy, which is made all the worse by rising fears of a double-dip recession and angst over the state of global markets.

Mission Statement 15

Mission Statement Restructuring Committee Ethics 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. Now, in a competitive free-market environment, a for-profit company can be motivated by threats to its survival, or by declining market share and profitability.

Bureaucracy 8

Bureaucracy Innovation Supply Chain Long-term 8

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

APRIL 5, 2017

If a company has beat or missed its EPS targets by less than two cents , that means the company has nipped and tucked its quarterly results just enough to meet the target EPS number it committed to analysts. What if concentrated market power of a few companies in an industry has made these companies more profitable than usual?

EPS 8

EPS Metrics Depreciation Short-term 8

Harvard Business Review

SEPTEMBER 26, 2011

The stock market is short-term-oriented. The market favorably receives projects with long-term payoffs, particularly those in research and development. The conventional course of action would have been to cut investments in research and restructure. It is not for the profits. The profits follow." (By

CEO 15

CEO Short-term Long-term Restructuring 15

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. Business units come and go, but finance, HR, marketing, IT, legal, and R&D seem to last forever. We are not proposing the elimination of functions.

Development 8

Development Supply Chain Incentives Outsourcing 8

Harvard Business Review

DECEMBER 10, 2015

Groupthink happens because of basic social and interpersonal dynamics that include a wish for group harmony, pressures for conformity, increased commitment to ill-advised or outdated strategies, and punishment of dissenters. Here’s what will replace it, and here’s what we need to do now to survive and thrive.

Groupthink 8

Groupthink Team Consensus Christensen 8

Harvard Business Review

DECEMBER 19, 2017

Technological innovations have radically transformed the business landscape in many ways over the last two centuries, from the introduction of steam power to the market conquest of radial-ply tires. joshua sortino/unsplash. Prioritize demand-centered business play.

Succession 8

Succession Industry McKinsey Business Model 8

Harvard Business Review

JUNE 26, 2014

law does prevail, whatever the consequences for global debt markets. need to amend/repeal the FSIA to get us to the sort of sovereign debt markets you’d like to see, or are there other solutions? Last week’s Supreme Court decision was a pretty powerful statement that U.S. Does the U.S. But sovereign nations are sovereign nations.

Bond 8

Bond Long-term Short-term Finance 8

Harvard Business Review

JULY 22, 2015

Enrollment in learning programs has surged over the last few years to generate a global executive education market of over $70 billion a year. The project team must commit to achieving a concrete goal that actually moves the needle on performance and learning. That will give urgency to the learning. Tie goals to concrete results.

Project 8

Project Parcell How To Short-term 8

Harvard Business Review

MAY 29, 2014

We have also committed to economically empowering 5 million women by 2020. Restructuring a company to focus on sustainability doesn’t happen overnight, so how long did it take to get everyone on board and how did you deal with any resistance to change? This is the largest such program ever undertaken by a commercial organization.

CEO 11

CEO Supply Chain Operations Brand 11

Harvard Business Review

MARCH 1, 2012

The job market may be bleak, but that doesn't mean you're stuck. a Boston-based firm offering career coaching and management services, says the job market is more active than most people think. Then reality-check that with the market. Be careful about who you tell you're on the job market. What the Experts Say.

How To 15

How To Reference Flextime Short-term 15