Strategy Driven

OCTOBER 3, 2014

I ask clients to do so without using the words: ‘technology,’ ‘sales,’ and ‘solutions.’ Technology is a tool, which feeds into tactics. The Visioning committee should represent all strata of the firm. Identify strategic objectives and goals. Periodically, test and review the process.

Mission Statement 80

Mission Statement Benchmarking Tactics Strategic Planning 80

Strategy Driven

JUNE 29, 2016

Instead, longevity is based on entrepreneurial thinking and innovation – in exploring ways to adapt corporate and business strategies in response to market, technological, and social and cultural change. It is fashionable today to have management committees, at various organizational levels, working as teams. Let me explain.

Supply Chain 52

Supply Chain Real Estate Resistance Competitive Advantage 52

Harvard Business Review

SEPTEMBER 11, 2017

There is no burden on those who proposed a new idea or technology to talk to customers, build minimal viable products, test hypotheses or understand the barriers to deployment. And they count on well-intentioned, smart people sitting in a committee to decide which ideas are worth pursuing. As the head of the U.S.

Process 13

Process Innovation Incubator Committee 13

Harvard Business Review

AUGUST 10, 2012

With the focus properly on the amazing athletics, I doubt that many viewers paused to wonder how that feat of information technology was possible. The fact is, London 2012 is the largest and most sophisticated sports information technology (IT) project of all time. A few facts might hint at the scale of this challenge.

Committee 14

Committee Project Audience Information Technology 14

Harvard Business Review

MARCH 10, 2016

Only six percent of the directors overseeing the world’s biggest banks have any technology experience. Technology is transforming the rules of businesses and reshaping industries in just about every sector. So, what role should a board play in deciding on technology investments and shaping businesses in the digital age?

Delegation 8

Delegation Technology Committee Banking 8

Harvard Business Review

MAY 21, 2014

Some boards have taken the principle further by forming their own innovation committee. The directors of Procter & Gamble, for instance, have established an Innovation and Technology committee; the board of specialty-chemical maker Clariant has done the same; and Pfizer has created a Science and Technology committee.

Innovation 8

Innovation Committee Charan Technology 8

Harvard Business Review

MARCH 15, 2017

Only 31% of Fortune 100 boards currently have a director who is a CIO, even though technology is at the core of every business today. As Sheila Jordan, CIO at Symantec and director at FactSet, put it, “All companies are technology companies today. Technology is a lever to run the business, but also to change and grow.”

CIO 9

CIO Committee Technology P&L 9

Strategy Driven

MARCH 18, 2011

In The Essential Advantage : How to Win with a Capabilities-Driven Strategy , Booz & Company’s Paul Leinwand and Cesare Mainardi maintain that success in any market accrues to firms with a coherence premium – a tight match between their strategic direction and the capabilities that make them unique. Let’s go after it.”

Resources 52

Resources Industry System Strategy 52

Harvard Business Review

JUNE 12, 2018

Traditionally, antitrust regulation has looked for whether a merger increased or decreased competition in a particular market. In the case of Baker Hughes and Halliburton’s planned merger a few years ago, the Justice Department detailed how it thought the amount of competition would rise or fall (mostly fall) in 30 market segments.

Company 8

Company Supply Chain Cooper Airlines 8

Harvard Business Review

NOVEMBER 16, 2017

While security executives have a reputation for stymieing operations and product development with the burdens of technical operations, their role is actually to enable business. Beyond including IT and security personnel, the plan should assign a cross-functional risk committee that has full executive authority.

CAPEX 8

CAPEX Chief Financial Officer How To Long-term 8

Harvard Business Review

DECEMBER 10, 2015

The assumption is that a merger will make it easier to achieve economies of scale, develop a large but narrow network of preferably healthy patients, establish data registries, and integrate expensive technology. Five main factors make our clinical partnerships work: Joint operating committees that meet regularly.

Health Care 8

Health Care Committee Balanced Scorecard Discount 8

Harvard Business Review

JUNE 29, 2012

For years, companies have been pouring money into people, processes, and technology that can help them manage risk. But what about the more strategic risk areas, such as those related to emerging market entry or acquisition growth strategies? Most have done a great job of containing their financial reporting and compliance risks.

Risk Management 14

Risk Management Maturity EBITDA Management 14

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

APRIL 16, 2015

In the following decades, the company operated as an industrial conglomerate, with different divisions operating more or less independently and without too much rhyme or reason under one roof (it is hard to make the connections between footwear, gas masks, and robots). (That’s where the rubber boots came from.).

Telecommunications 8

Telecommunications Crisis Committee Marketing 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

NOVEMBER 29, 2013

In today’s health care market, providers — hospitals, physicians, surgery centers, clinics — are paid for volume. We learned more about the organizational structures required to implement change across a large, integrated, health care operation. Their expertise is helping to generate uniquely valuable insights.

Health Care 8

Health Care Committee Cost Operations 8

Harvard Business Review

FEBRUARY 18, 2011

In today's economy, where the fast growth of emerging markets outpaces America and the developed world, if you haven't gone global yet, it's time to get moving. After lunch we would take a tour of that country's operations. [For more, visit the Communication Insight Center.]. The agenda was always the same, and it was a marathon day.

P&L 15

P&L Globalization CFO Operations 15

Harvard Business Review

DECEMBER 22, 2010

The Nike Foundation also leans on its expertise in innovation and scale to find solutions to poverty, while keeping its operations separate from the business. Day says, "we have been able to use the best of our Nike DNA, but have the freedom to operate as an independent force for change in the development sector.

Core Competence 15

Core Competence Market Segmentation Globalization Reputation 15

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. Are all share repurchases myopic?

EPS 8

EPS Metrics Depreciation Short-term 8

Harvard Business Review

MAY 25, 2015

The abysmal job market for teens is forcing many of them to think differently about work. A whopping 70% had jobs that are best described as self-employed; ranging from owner/operator of Diva Day Care to selling on eBay to teaching piano lessons. And don’t forget the competitive college admissions market.

Entrepreneur 8

Entrepreneur Rogers Committee Technology 8

Harvard Business Review

DECEMBER 20, 2016

The contemporary CEO must not only be expert at addressing the commercial verities of products, markets, and competitors. These ethical questions arise in the whole range of corporate activity from technology and manufacturing to marketing and sales. The challenges of business-in-society issues arise in many different settings.

CEO 8

CEO Ethics Chief Financial Officer Supply Chain 8

Harvard Business Review

JUNE 10, 2014

One representative example: April’s Education Innovation Summit , where more than 2,000 people energetically discussed how technology and markets are charting the future of education globally. Those who manage money for higher education, I propose, need to get much more interested in the market they are in.

Real Estate 8

Real Estate Education Disruptive Innovation Asset Management 8

Strategy Driven

JULY 3, 2015

It is usually technical or sales/marketing in nature. Outside of 'think tanks' for company executive committees, full-scope education does not occur. Organizations of all sizes must have the Think Tank.which delineates future operations, including education and training. They embrace technology, rather than ideas and concepts.

Education 50

Education Company Succession Mentor 50

Harvard Business Review

SEPTEMBER 20, 2013

Apple's Chiefs Discuss Strategy, Market Share — and the new iPhones Bloomberg Businessweek "Is taking the high road truly a sustainable strategy, or does it merely delay the inevitable?" And while there''s ample competition from Android – the top operating system in the U.S. Still Delicious? But big questions remain.

Cooper 8

Cooper Committee Bottom-up Strategy 8

Harvard Business Review

JANUARY 18, 2012

When Palmisano retired this month, the media chronicled his success by focusing on IBM's 21% annual growth in earnings per share and its increase in market capitalization to $218 billion. His first act was to abolish IBM's corporate executive committee. In the 21st century only IBM's Sam Palmisano has done so. Directness. When the U.S.

Globalization 15

Globalization Golden Parachute Short-term Long-term 15

HR Digest

NOVEMBER 9, 2023

Establish Benchmarks Make it a point to define industry and market benchmarks to compare your organization’s compensation practices. If our equitable compensation program guide is to be trusted, you need to identify relevant external benchmarks to understand prevailing salary ranges for similar roles in the market.

System 52

System How To Benchmarking Diversity 52

Harvard Business Review

SEPTEMBER 20, 2012

Companies that correctly match their strategy-making processes to the competitive circumstances of their industry, business function, or geographic markets perform better than those that don't. But, as I discussed my last post , far too many lack a systematic way to do so.

Strategy 8

Strategy Organization Committee Environment 8

Harvard Business Review

JULY 23, 2015

Many pharmaceutical companies make the mistake of transitioning outstanding leaders from their sales operations to head their beyond-the-pill businesses. These integrated businesses are also typically led by pharma managers who don’t fully understand the acquired businesses and their markets. Regulatory environment.

Pharmaceuticals 8

Pharmaceuticals Health Care Industry Committee 8

Harvard Business Review

JANUARY 27, 2017

Even better, they would respond 10 times faster to market moves than existing processes while requiring minimal human intervention. But only the human oversight committee approves what gets “autonomized” and how it is implemented. They frequently find the technologies are less of a hassle than the people.

Outsourcing 8

Outsourcing Software CAPEX Competitive Advantage 8

Harvard Business Review

MARCH 9, 2015

Firms who buy up vast swaths of dubious patents and then use them to squeeze settlements out of deep-pocketed (or not) technology companies and their customers troll the federal courtrooms of the Eastern District of Texas, notorious for its excessive jury awards to plaintiffs. That’s an increasingly serious problem.

Innovation 8

Innovation Technology System Consensus 8

Harvard Business Review

MARCH 28, 2014

Right now, the FCC is working on the biggest transformation in over a century of profound technological progress in communications: shutting down the analog telephone network. Until the Internet, both technologies boasted nearly 100% penetration. It’s an end-game everyone needs to keep a close eye on.

Technology 8

Technology Information Technology Wireless Proposal 8

Harvard Business Review

APRIL 28, 2015

Note that this inclusive process is not decision-making by committee or by consensus. Consider the story of Bud Frankel, the founder of Frankel , a firm that created the marketing services industry (where both of us eventually worked) that gained a national reputation and attracted clients across both the consumer and healthcare areas.

Open-book 8

Open-book Career Rogers PR 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. Some of the first business functionaries were railroad telegraph operators who managed schedules.

Development 8

Development Supply Chain Incentives Outsourcing 8

Harvard Business Review

NOVEMBER 14, 2011

Bank of America convenes a local committee of bank leaders in each of its 45 Neighborhood Builders markets then uses a short application and lots of on-the-ground research to select two awardees per community per year. And, as a result, we are now able to identify three key reasons why it has been so effective.

Case Study 14

Case Study Banking Participative Training 14

Harvard Business Review

SEPTEMBER 10, 2015

business units and functional groups like marketing or human resources set out “challenges” that they’d like employees to work on. Skunkworks often need to be protected from the business units, so that they have the freedom and resources that their ideas need to get out into the market. Think weekly, not quarterly.

Venture Capitalist 8

Venture Capitalist Company Due Diligence Chief Information Officer 8

Harvard Business Review

OCTOBER 10, 2016

These costs are not operational costs, such as commission fees or transportation costs. Changing technology and markets make it impossible to foresee future contingencies. These processes must be embedded in the governance the partnership — in the workings of the JV board, joint steering committee, or other forums.

Due Diligence 8

Due Diligence Long-term Conflict of Interest Cost 8

Harvard Business Review

JULY 23, 2014

Consider these ways to think more like an urban physicist in your next office steering committee meeting: Generate more data. Apply your company’s CRM or business intelligence systems to internal operations. This is exactly how voice-based marketing automation firm Ifbyphone found success. Use technology for smarter scheduling.

Conference 8

Conference CRM Creativity Committee 8