Marshall Goldsmith

FEBRUARY 8, 2018

Thinkers50 – World’s Most Influential Management Thinkers. Called ‘The Academy Awards of Leadership’ by the Economist, Thinkers50 is the world’s most reliable resource for identifying, ranking and sharing the leading management ideas of our age. World authority on project management. Co-author: Predictable Magic.

Executive Coaching 70

Executive Coaching CEO Magazine Banking 70

Harvard Business Review

AUGUST 13, 2012

A terrorist incident, a breakdown of the London rail system, power blackouts, volcanic ash clouds , flooding, an outbreak of infectious disease—the London organizing committee (LOCOG) and the International Olympic Committee (IOC) spent years thinking about every scenario they could imagine.

Risk Management 14

Risk Management Management Committee Insurance 14

Harvard Business Review

DECEMBER 6, 2010

Today, the guild mentality persists within companies, where functions such as marketing, sales, finance, IT, human resources and R&D all have their own area of special expertise. Marketing, sales teams and the DSD force itself operate with tremendous coordination to ensure that they are consistently aligned in their business objectives.

Operations 13

Operations Competitive Advantage Supply Chain Retail 13

HR Digest

MAY 6, 2024

An HRIS (Human Resources Information System) is a software solution that helps organizations manage and automate core HR processes like payroll, time tracking, and employee benefits administration. Consolidated HR Operations What is an HRIS? What is an HRIS?

Human Resources 52

Human Resources System Information Resources 52

Harvard Business Review

DECEMBER 23, 2016

This leaves operating managers, the ultimate “consumers” of talent, to choose between two talent acquisitions methods (or “sourcing channels”): Either engage HR to acquire employees or engage Procurement to acquire contingent workers. Educate leaders on how and why to optimize a blended workforce.

Strategy 8

Strategy Span of Control Finance How To 8

Harvard Business Review

OCTOBER 20, 2016

As a practical matter, for example, these changes in the global policy regime are forcing multinational corporations to scale back and sell parts of their international operations. Meanwhile the Institute of International Finance forecasted net capital flows for emerging markets in 2015 would be negative for the first time since 1988.

Globalization 8

Globalization Banking Policies Politics 8

Harvard Business Review

OCTOBER 6, 2016

Former employees have alleged a “soul-crushing” culture of fear and daily intimidation by managers, where they were pressured to reach extreme sales goals, some by breaking the law. Along with fixing the sales culture, the bank will have to address these critical management issues to prevent the next scandal.

Banking 9

Banking Committee Leadership Ethics 9

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

DECEMBER 4, 2017

Sales could be developing a behaviorally informed strategy, while operations looks for ways to cut costs. If you plan for the team to be self-financing after an initial period, how long do you have to make it work — a couple of months, or a couple of years? Find the Right Home for the Team.

Company 8

Company Committee Ethics Project 8

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. The functional model of organization dates back to the 1850s. Strategy That Works.

Development 8

Development Supply Chain Incentives Outsourcing 8

Harvard Business Review

MAY 10, 2016

This idea has led to regulation such as the Sarbanes-Oxley Act (2002), as well as requirements by the NYSE and NASDAQ that boards have a majority of independent directors and that members on the audit committee have financial expertise. But is this a realistic expectation for directors?

Company 8

Company Committee CEO Chemicals 8

Harvard Business Review

JULY 20, 2015

This advice, adapted from the book Finance Basics , will help you better understand how to create a useful budget. Put yourself in the position of a division manager with limited resources and many requests for funding: Under those circumstances, what would persuade you to grant a request for two additional staff members? Adapted from.

Budgeting 8

Budgeting Finance Cost Price 8

Harvard Business Review

JANUARY 27, 2017

At some of the world’s most successful enterprises — Google, Netflix, Amazon, Alibaba, Facebook — autonomous algorithms, not talented managers, increasingly get the last word. Elite MBAs (Management by Algorithm) are the new normal. Top management would have to trust its computationally brilliant bidding software.

Outsourcing 8

Outsourcing Software CAPEX Competitive Advantage 8

Harvard Business Review

JULY 19, 2016

From my advisory work, research, and private discussions with executives and board members of pension funds, pension funds that succeed in keeping politics at bay combine strong governance with deft, often pre-emptive, management of issues that could spark a political backlash. Deft, pre-emptive management. Strong governance.

Politics 8

Politics Hedge Constraint Committee 8

Harvard Business Review

MAY 31, 2012

What makes this case of corporate accountability so important is that it is a discretionary matter of "private ordering" under JP Morgan risk management policies, not under a mandatory rule contained in Dodd-Frank. They could be appropriate for Dimon, but so could a compensation action about future variable comp.

CIO 8

CIO Committee Risk Management Banking 8

Harvard Business Review

MAY 23, 2017

” A new clinical model based on an advanced illness-management program one of us (Brad) developed at Sutter Health, an integrated system in Northern California, demonstrates how to increase quality while dramatically reducing costs. This model doesn’t leave patient choice to chance; it’s hardwired into clinical operations.

Health Care 8

Health Care Sharpe Document Cost 8

Harvard Business Review

MAY 26, 2014

The traditional advice, from Clayton Christensen’s work on disruptive innovations and Michael Tushman’s on organizational ambidexterity , is to set up the new activity as a separate unit, reporting to a manager at the corporate headquarters who can sponsor the new activity and help to integrate it with the rest of the company.

Mass Marketing 9

Mass Marketing Brand Disruptive Innovation Advice 9

Women on Business

JANUARY 24, 2011

For example, as a designer/writer, my skills are not well applied to bookkeeping or financial management. If you have more time, contribute to an association committee. Exhaust resources that don’t cost first and at least come up to “Dummy&# level on each initiative that you manage. Mine your backyard.

Press Release 100

Press Release Discount Sharpe Advertising 100

Harvard Business Review

AUGUST 2, 2018

.” Even if you cannot change your circumstances, “you might be able to change the microenvironment in which you operate.” ” With this in mind, over time, Joel changed his management style. “No longer was I focusing solely on what I could get done as a manager,” he says.

Career 14

Career How To Learning-by-Doing Constraint 14

Harvard Business Review

DECEMBER 2, 2011

What are the operational objectives which express those purposes? How should executives be compensated based on success or failure in attaining the operational goals? But the Commission avoids the fundamental substantive questions: What are the purposes of the corporation ? But this is not just about better process.

Politics 14

Politics Execution Report Risk Management 14

Harvard Business Review

OCTOBER 1, 2013

million from $23 million, after the London Whale loss (even as they cut his pay, the board praised Dimon for responding “forcefully” to the trading loss, presiding over an overhaul of the bank’s risk management, and getting rid of the responsible executives). But they were important parts of an organization that messed up.

Banking 9

Banking Risk Management Constraint Finance 9

Harvard Business Review

NOVEMBER 20, 2017

Executives today must operate under the assumption that they will experience a cyber incident that will require them to notify their customers, investors, and regulators. A study from risk management firm Stroz Friedberg found that just 45% of senior leaders believe they are responsible for protecting their companies against cyberattacks.

Execution 8

Execution Press Release Report Reputation 8

Harvard Business Review

JUNE 13, 2012

At a meeting on April 8, Drew assured Dimon and the operating committee of JPMorgan that the trades were being well managed and would work out. Many NASA and Morton Thiokol managers failed to notice the obvious data suggesting it was too cold to launch the Space Shuttle Challenger in 1986. What's Your Risk Attitude?

Banking 9

Banking Kahneman Document Simon 9

Harvard Business Review

APRIL 24, 2017

Studies show that individuals with political skills tend to do better in gaining more personal power as well as managing stress and job demands, than their politically naive counterparts. At the other end of this dimension is the broader context, where politics operates at the organizational level.

Politics 13

Politics Bureaucracy Long-term Short-term 13

Harvard Business Review

APRIL 28, 2015

Note that this inclusive process is not decision-making by committee or by consensus. As a leader in his company, Bud used what he called “Management by Wandering Around” (MBWA), where he’d stop into offices and ask the opinions of employees, clients, and others to gather insights about his organization and clients.

Open-book 8

Open-book Career Rogers PR 8

Harvard Business Review

FEBRUARY 9, 2015

Its directors have turned over many times, of course, but Trian Fund Management, led by activist Nelson Peltz, is pressing for far more than a routine remake, demanding four seats of its own choosing at the table. Much the same occurred at Canadian Pacific Railway in 2012, when Pershing Square Capital Management acquired control of its board.

Airlines 8

Airlines CEO Automotive Long-term 8

Harvard Business Review

OCTOBER 28, 2014

Concerns that it wouldn’t have enough cash to finance its holiday stock has apparently led to the company to sell real estate, spin off its Lands’ End brand, and raise $625 million in unsecured loans and equity warrants. But then “Sears found the answer first,” Worthy reports, in 1924.

Retail 8

Retail Quinn Real Estate Apparel 8

HR Digest

NOVEMBER 9, 2023

Diverse Compensation Committee Ensure that the compensation committee or team responsible for making decisions about compensation includes individuals from diverse backgrounds and perspectives. Designing compensation systems based on tips right from the source can cut down on the work to deduce what is needed.

System 52

System How To Benchmarking Diversity 52

Harvard Business Review

MARCH 31, 2015

That exceeds its operating income of $52.5 We should also question the assumption that investor preference for quick returns limits managers’ ability to invest in the future. National competitiveness Finance & Accounting Research & development' The case of Apple is an instructive, if extreme, example.

Innovation 8

Innovation Short-term Long-term Budgeting 8

Harvard Business Review

OCTOBER 22, 2015

One of the team’s central findings is that TDABC cannot be delegated to the finance function. The clinic created a high-level steering committee to oversee all its costing and value-improvement projects. Establishing this committee signaled that implementing value-based health-care delivery was an institutional priority.

Mayo 8

Mayo Health Care Committee Project 8

Harvard Business Review

MARCH 7, 2017

Just as striking is her description of Uber’s HR organization, which advised Fowler that because the manager in question was a high performer, HR did not feel comfortable punishing him. Early in its growth, an organization will customarily have a competent financial audit committee, even though financial controls are rather mundane.

Compliance 10

Compliance Hedge Human Capital Finance 10

Harvard Business Review

DECEMBER 12, 2016

Although this can present leadership challenges related to shifting strategy, culture and operations, it certainly isn’t rocket science. You need to have senior management that really understands what value-based health care (VBHC) is all about. Set Up a Steering Committee and Project Team. Get Institutional Commitment.

Health Care 8

Health Care Committee Compliance Project 8

Harvard Business Review

JANUARY 20, 2012

The letters also warned that "the regulatory agencies involved hold powerful leverage through their ability to cut off financing to groups that fail to comply.". On February 6th, the State's Standing Committee on Investigations and Government Operations is holding a hearing. Cut to present.

Execution 12

Execution Letter Committee Policies 12

Harvard Business Review

FEBRUARY 8, 2013

Business units come and go, but finance, HR, IT, marketing, legal, and R&D are forever. For example, Walmart doesn't succeed just because of a strong operations group. Nonetheless, many CEOs and top executives struggle with their functional organizations, and some question whether the established functional model is still relevant.

Supply Chain 8

Supply Chain Real Estate Short-term Merchandising 8

Harvard Business Review

DECEMBER 8, 2016

Rogier hadn’t once mentioned holacracy or self-managed teams, even though the executive team and the board had been talking for months about transitioning to just such a system at the global construction company. He now had only one major—and very vocal—opponent: Vera Hoch, the head of the audit committee.

Case Study 8

Case Study Decentralization CFO Construction 8

Harvard Business Review

DECEMBER 17, 2015

Medicine is fraught with anachronistic administrative structures, as well as competing and redundant decision-making processes involving many stakeholders (the hospital, doctors, nurses, compliance, finance, and others) who often work in silos and have differing goals. The data were startling.

Health Care 8

Health Care Diversity Proposal Document 8

N2Growth Blog

MAY 17, 2010

When I ran the Talent Management division of a large global consulting firm after I left GE, I realized that these consultants were working from concepts that were academic vs. real life. Unless you've actually been in the shoes of your clients, I don't think you have a right to advise them. the hard work of being a leader 2.

Blog 333

Blog Leadership Consultative Follow-up 333