HR Digest

APRIL 9, 2024

it’s also critical to attracting and retaining premier talent to gain a competitive advantage in today’s competitive talent environment. It also allows us to more effectively match skills with opportunities, deepen the talent pool, better assess candidates and promote more often from within.

Diversity 52

Diversity Career Globalization Learning-by-Doing 52

N2Growth Blog

AUGUST 9, 2010

Even the most savvy CEO may have blind spots in his or her skill sets, core competencies, or voids in the org chart which can also cause blind spots. I could go with this line of thinking, but I’ll assume that the point has been sufficiently made. Great businesses are dynamic, fluid, vibrant and ever changing.

Blog 288

Blog Brand Depreciation CEO 288

N2Growth Blog

NOVEMBER 16, 2010

Therefor by definition it is not unique or likely to generate any competitive advantage. Again a core that keeps customers loyal & provides a competitive advantage. By definition 'best practice' is something codified by someone else. I always appreciate your insights William. Manufacturing, oh yes!

Blog 295

Blog Outsourcing Competitive Advantage Innovation 295

Strategy Driven

JANUARY 20, 2012

Create a competitive advantage, set the right tone, make effective decisions, keep talent inside your doors, and establish credibility-all while navigating unfamiliar and turbulent waters. If you don’t understand finance and accounting, enroll in a course immediately. Address the nuts and bolts of business too.

Execution 62

Execution How To Finance Competitive Advantage 62

Strategy Driven

JULY 13, 2011

Value: The Four Cornerstones of Corporate Finance by Tim Koller. While you can find numerous books focused on the topic of corporate finance, few offer the type of information managers need to help them make important decisions day in and day out. Discusses the four foundational principles of corporate finance.

ROIC 62

ROIC Balanced Scorecard Metrics McKinsey 62

Strategy Driven

APRIL 3, 2014

Use this prime real estate on your resume to outline how your skill set and achievements can benefit the prospective employer, by not only keeping the product pipeline full but demonstrating success moving products through the process with external regulatory agencies and internal departments on a global and local scale.

Tactics 52

Tactics Execution Pharmaceuticals Human Capital 52

N2Growth Blog

NOVEMBER 10, 2010

If your company has passive and/or timid leadership you will face serious problems in sustaining your competitive advantage. Great leaders will do anything to get off the bench and into the game. Whenever some crisis loomed on the Voyager, she was known barking out: “Options?” ” to the crew.

Blog 332

Blog Learning-by-Doing CEO Strategy 332

Harvard Business Review

SEPTEMBER 28, 2015

.” Value investors like Graham and Buffett believe that the sources of sustainable returns on capital are not a company’s human assets but their so-called “economic moats,” structural, durable competitive advantages around revenues or costs. The odds aren’t favorable.

Stage-Gate 8

Stage-Gate Kaplan Competitive Advantage Intangible Assets 8

Harvard Business Review

SEPTEMBER 6, 2017

But it will impact the way many jobs are performed, requiring new skills and making many existing skills less valuable. The World Economic Forum predicts that “by 2020, more than a third of the desired core skill sets of most occupations will be comprised of skills that are not yet considered crucial to the job today.”

Company 12

Company Insurance Engineering Software 12

N2Growth Blog

OCTOBER 10, 2010

That is to say: they are finding competitive advantage in what were historically reckoned to be (or ignored as) externalities. Many a skilled leader has fallen prey to this circumstance. Serve to Lead discusses this at some length. You can see my reply there. I agree with both of you. You last point is also very insightful.

Blog 322

Blog Media Open-book Learning-by-Doing 322

Harvard Business Review

DECEMBER 6, 2010

When guilds were originally established in the Middle Ages, their primary purpose was to build and protect the economic value of skills and knowledge. Craftsmen allied themselves to essentially create firewalls around their primary competitive offering in the market. How does one put a check on this kind of unproductive jousting?

Operations 13

Operations Competitive Advantage Supply Chain Retail 13

Harvard Business Review

MAY 26, 2016

Conventional wisdom holds that improving working conditions (which typically costs money) would undermine the competitive advantage these firms enjoy. While the production system requires more worker skill and effort, employers have incentives to retain these valuable workers through improved working conditions.

Lean Manufacturing 9

Lean Manufacturing Supply Chain Apparel Compliance 9

Harvard Business Review

MAY 11, 2012

Still others have some leadership abilities but lack some vital element of leadership, like the sales professional who excels in creating strategy but doesn't yet have the skills needed to manage a sales team. But I'm not seeing many organizations able to recognize them — or cultivate their talents to gain a competitive advantage.

Self-aware 12

Self-aware Competitive Advantage Follow-up Content 12

Harvard Business Review

MARCH 14, 2012

DeCovny describes "financial psychopaths" as individuals who seek thrills, lack empathy, don't care about what others think, are charming and intelligent, and are skilled at lying and manipulation. Using formal diagnostic criteria, researchers have estimated that about 1% of Americans — about 3 million people — are psychopaths.

Competitive Advantage 13

Competitive Advantage Industry Finance Ethics 13

Harvard Business Review

DECEMBER 6, 2018

Even if your organization is skilled at moving pilots and prototypes into production, you will also have to re-engineer the business processes to have full impact on your business and industry. But this sort of skill is quite different from providing advice about what stocks and bonds to buy, and will take some time to inculcate.

Company 8

Company Maturity System Engineering 8

Harvard Business Review

FEBRUARY 20, 2013

This striking gap signals an opportunity for companies: Secure a competitive advantage by building your employees' ability to succeed in the increasingly complicated labyrinths of today's — and tomorrow's — markets. However, the core skills they need are different. Take Allianz, a German financial services company.

Entrepreneur 8

Entrepreneur Company Six Sigma Franchising 8

HR Digest

JANUARY 7, 2020

Expert Q&A with Jason Tyszko on how to raise the skills of your employees to meet upcoming automation challenges. . This has less to do with rapidly evolving jobs, and more with the discrepancy between the skills people have and those needed for their future employability. Yes, excessive automation at Tesla was a mistake,” he said.

Diversity 111

Diversity Education Supply Chain Learning-by-Doing 111

Harvard Business Review

FEBRUARY 23, 2018

Companies can fill this need and gain competitive advantage by transforming their stakeholders from bystanders to owners and make sustainability, including as it pertains to social good, part of their purpose. My framework for creating such sustainability ownership has three phases: incubate, launch, and entrench.

Incubator 10

Incubator How To Real Estate Business Model 10

Harvard Business Review

MAY 1, 2018

If, by contrast, Tesla’s target was merely a $100 billion market capitalization — frankly, a great target for most companies, as it projects a 7% return annually for the next 10 years — then investors might quickly lose their appetite to continue financing the company. They signed up for transformation, not steady returns.

Planning 8

Planning Marketing Automotive Long-term 8

Harvard Business Review

AUGUST 28, 2017

Even large digital natives such as Amazon and Google have turned to companies and talent outside their confines to beef up their AI skills. There’s still time to make AI a competitive advantage. Machine learning is a powerful tool, but it’s not right for everything. But it’s early days.

Survey 12

Survey Execution First-mover Advantage Technology 12

Harvard Business Review

MAY 3, 2016

The challenge is convincing all those talented individuals seeking finance and consulting positions to take the leap into starting a new venture. Employees there learn hard skills, such as project management, but also softer skills, such as politics and networking. Experience at top tech companies predicts success as a founder.

Succession 8

Succession Entrepreneur Stage-Gate Due Diligence 8

Harvard Business Review

AUGUST 16, 2013

Over the last 30 years I have served a large range of organizations as either a director or a trustee with the specific role of helping them exploit IT for competitive advantage. However, they are required to also have significant ICA literacy and communication skills to help generate strategic options for the organization.

Enterprise Architecture 8

Enterprise Architecture CIO Horizontal Integration Information Technology 8

Harvard Business Review

APRIL 1, 2016

Right behind it are media, finance, and professional services, all of which have far more sophisticated digital capabilities than the rest of the economy. Companies increasingly need each employee to bring greater digital skills to bear on every activity.

Industry 8

Industry Benchmarking Supply Chain Health Care 8

Harvard Business Review

DECEMBER 4, 2017

This makes sense, because the alternative is for behavioral insights to be tried out by individuals or specific departments, and their knowledge and skill are likely to vary: Someone in marketing might use their behavioral knowledge to develop more-effective campaigns, while at the same time someone in HR uses theirs to focus on employee engagement.

Company 8

Company Committee Ethics Project 8

Harvard Business Review

JUNE 15, 2016

Companies need these practical hacktivists to dream up new ways to meet the needs of consumers who require customization on demand and to outpace competitors in an era when competitive advantage is often fleeting. She found partners, attracted financing, and cultivated a community of internal supporters.

Bureaucracy 8

Bureaucracy Innovation Brand Competitive Advantage 8

Harvard Business Review

NOVEMBER 2, 2016

The next frontier in capturing machine intelligence’s value is building a lasting competitive advantage based on this new kind of software. With machine intelligence, companies can create models that evolve much more regularly, allowing you to build a lasting advantage that strengthens over time as the model “learns.”

Software 8

Software Transportation Tools Learning-by-Doing 8

Harvard Business Review

NOVEMBER 23, 2010

He did not, from my point of view, have the skills to run the big company that we had produced. In companies where process excellence is a competitive advantage, hes the kind of candidate CEO that more boards should be looking for. He did not, from my point of view, have the skills to run the big company that we had produced.

Process 15

Process CEO Insurance Banking 15

N2Growth Blog

SEPTEMBER 22, 2010

How does it drive revenue, profit, brand equity, competitive advantage, etc. don't be afraid to ask a question for fear of sounding like you don't know what you are talking about) are key skills for any business leader from CxO through entry level employee. Why should we make this investment?

Team Building 284

Team Building Blog Team CEO 284

Harvard Business Review

AUGUST 5, 2014

And that same transparency has radically shortened the shelf life of any new competitive advantage. “We’ll The CMO also worked with the finance office and product managers to link pricing and benchmark data into the RFP process, which improved quality and response times.

P&L 11

P&L Banking Marketing Call Center 11

Harvard Business Review

NOVEMBER 27, 2018

Don’t bury it under another department like marketing, product, finance, etc. The data scientists will need to have the skills to provision their own processors and conduct their own exploration. Instead, leverage “full-stack data scientists” with the skills to do all the functions.

Learning-by-Doing 10

Learning-by-Doing Engineering Metrics Cost 10

Harvard Business Review

MAY 19, 2015

Hailed in the 1960s as bastions of sophisticated management, they used cheap financing to acquire, then rationalize, many family-owned firms. With GE’s recent announcement to split off its remaining finance operations , and Honeywell also considering divestment, the pressure on these groups remains in force.

Engineering 8

Engineering Learning Curve Fixed Costs Competitive Advantage 8

Harvard Business Review

JUNE 27, 2011

And thank goodness, because that gives those of us who understand the real value of great people a huge competitive advantage! But when an activity can be performed sufficiently by one person with adequate skills, doing the activity as a group should be avoided. earthquakes ), finance (i.e., book sales on Amazon ).

Team 18

Team Engineering Competitive Advantage Taylorism 18

Harvard Business Review

AUGUST 13, 2013

No matter your interests (sports, movies, politics), your industry (finance, marketing, technology, manufacturing), or the type of organization you work for (big company, nonprofit, small start-up) — your world is awash with data. The End of Competitive Advantage: How to Keep Your Strategy Moving as Fast as Your Business.

Books 8

Books Emotional Intelligence Competitive Advantage Storytelling 8

Harvard Business Review

APRIL 26, 2016

As projects advance and coalesce, new teams form to gather the skills and priorities needed. Any business needs to make money eventually, but the power of rapid scaling is a huge competitive advantage that those in the Valley understand keenly. Give employees (and their dogs) a long leash. Think like engineers and customers.

Venture Capitalist 8

Venture Capitalist Company Succession Long-term 8

Harvard Business Review

NOVEMBER 20, 2013

Boardrooms at home in China must also begin to reflect a cross-section of cultures and skills. Since positioning is vital in new markets, today’s boards must include Chief Marketing Officers, not just directors with operations or finance backgrounds. Rebrand from the inside out.

Brand 8

Brand Globalization Company Development 8

Miles Anthony Smith

NOVEMBER 7, 2019

Explicit with the cultural transformation is the need to develop the skills of a publisher, which most businesses sorely lacking. So for both the cultural transformation and the new skills building, find a partner who understands your industry and has the capabilities to help you become a skillful content marketer.

Marketing 105

Marketing Content Audience Brand 105

Harvard Business Review

JANUARY 11, 2017

There are many explanations for growing inequality and stagnant wages, but studies have found that so-called “skills premiums” — higher wages for more-skilled workers — have been a significant factor in growing income inequality, and technology is the reason why that premium has risen.

Skills 8

Skills Engineering Telecommunications Incentives 8