HR Digest

MARCH 31, 2023

Employee retention is a crucial factor for organizations to maintain sustainable growth and competitive advantage. By offering a comprehensive package of perks and benefits, companies can create a more engaged and loyal workforce that is more likely to stay with the company for the long term.

Incentives 104

Incentives Competitive Advantage Long-term Training 104

N2Growth Blog

JANUARY 23, 2018

Some business leaders eager to keep a competitive advantage often invest in new technologies without fully understanding how to harness their potential or fully considering how digital technologies will meet the company’s needs. Then he moved into media — helping Nielsen innovate the first global internet management service.

Innovation 210

Innovation Strategy Competitive Advantage Incubator 210

Michael Lee Stallard

AUGUST 24, 2017

I’ve spoken with Jim Sinegal, Costco’s co-founder and CEO from 1983 to 2011, and interacted with Ryan Watkins, a young Costco warehouse manager across the country in Oregon. In this culture, most people feel controlled by one of more of the following: autocratic leaders, micro-management, too many rules and/or bureaucracy.

Competitive Advantage 309

Competitive Advantage Ryan Bottom-up Customer Loyalty 309

In the CEO Afterlife

MARCH 20, 2012

Jacobs Suchard directors expected me to run the company as an entrepreneurial enterprise, and as long the numbers were coming in, they assumed I was doing just that. And when they are long gone, the culture is left to the CEO to nurture. In the simplest of terms, a Board’s primary responsibility is to: Oversee corporate performance.

Competitive Advantage 250

Competitive Advantage Long-term CEO Ethics 250

N2Growth Blog

OCTOBER 19, 2016

In the new strategy paradigm, the focus of strategy is on how to create competitive advantage. In the new paradigm of strategy management priorities also must be decided but those priorities are on immediate actions that move the performance needle on the drivers of change not on huge multi-year, expensive initiatives.

Strategic Planning 150

Strategic Planning Planning Competitive Advantage Long-term 150

Brigette Hyacinth

OCTOBER 22, 2020

Sadly many organizations prefer these managers because they seem to be on top of, and in control of everything. In the short term, they may produce results but in the long run they leave a trail of destruction in their path. “It If employees cannot make decisions at all without their managers input, they will feel suffocated.

Micromanagement 144

Micromanagement Competitive Advantage Short-term Long-term 144

Brigette Hyacinth

APRIL 9, 2020

Why not work together to find solutions to keep staff on hand for this temporary situation —going to a 3 day work week, cutting salary by x%, management taking a salary reduction, etc. Any effort a company is putting to keep their staff will go a long way in sustaining the culture and brand. Consider the long term impacts.

Company 115

Company Short-term Long-term Emotional Intelligence 115

Leading Blog

APRIL 3, 2019

The term artificial intelligence first appeared in an article by Stanford professor John McCarthy in 1979. It will be one of the many technologies that comply with Amara’s Law (named after the scientist and futurist Roy Amara): We tend to overestimate the effect of technology in the short run and underestimate the effect in the long run.

Emotional Intelligence 251

Emotional Intelligence Short-term Technology Banking 251

Lead Change Blog

NOVEMBER 9, 2017

The following excerpt is from the Introduction of Total Value Optimization: Transforming Your Global Supply Chain Into a Competitive Weapon by Steven J. Its performance determines the health of your daily operations and the long-term success of your enterprise. Your supply chain is the backbone of your company.

Supply Chain 204

Supply Chain P&L EBITDA Handbook 204

Leading Blog

OCTOBER 21, 2020

Although business leaders are rightfully concerned with competitive advantage and profitability, employees and customers typically have other concerns or priorities. Developmental focus implies long-term thinking. Setting direction well means establishing a compelling vision and ethical strategies.

Ethics 294

Ethics Self-aware Competitive Advantage Learning-by-Doing 294

Eric Jacobson

MARCH 12, 2024

What is often hardest, though, is the transition between the modes; that is, knowing when to move from Survive to Reset, and when to move from Reset to Thrive, as well as how to successfully manage this transition. Staying in Thrive is also helped by employing “steady state Survive.”

Agility 117

Agility How To Uncertainty Competitive Advantage 117

Terry Starbucker

NOVEMBER 30, 2014

After all, it’s the nature of a business - going from Point A to Point B as quickly and efficiently as possible, to gain a competitive advantage and secure the market share necessary for success. It was “slash and burn” our way to a “profitable exit” over a very short term. Go for it, and lead well!

Welch 320

Welch Leadership Competitive Advantage Simon 320

Strategy Driven

AUGUST 14, 2014

The question then becomes, as a business owner, leader or HR manager, what should you do about it? I would contend that the best investment you can make is in talent management. That manifests itself in how we recruit, manage, appraise and develop talent. EVALUATE how StrategyDriven gives you a competitive advantage.

Marketing 86

Marketing Management Talent Management Competitive Advantage 86

Experience to Lead

MAY 30, 2023

To manage these challenges, executives are called on to adopt a long-term perspective on organizational strategy while staying in tune with the present-day needs of clients, customers and team members. A Virtual Learning Expedition is a live online experience that will bring senior managers to the next level.

Training 52

Training Execution Leadership Emotional Intelligence 52

In the CEO Afterlife

MARCH 28, 2012

Jacobs Suchard directors expected me to run the company as an entrepreneurial enterprise, and as long the numbers were coming in, they assumed I was doing just that. And when they are long gone, the culture is left to the CEO to nurture. In the simplest of terms, a Board’s primary responsibility is to: Oversee corporate performance.

Competitive Advantage 131

Competitive Advantage Long-term CEO Ethics 131

Michael Lee Stallard

JUNE 5, 2021

Consider these similarities: They are physically isolated for a long period of time from family, friends, and the majority of their work colleagues. Their interest in our work has been to help their leaders and managers learn to cultivate a culture of connection so that everyone can give their best performance.

Self-aware 332

Self-aware Stress Environment Long-term 332

HR Digest

APRIL 17, 2023

Employing skill-based strategies can lead to a competitive advantage and long-term success for the organization. Use learning management systems (LMS) to provide employees with access to training materials and resources. By possessing the right skills, employees can contribute more to an organization.

Skills 124

Skills Organization Training Competitive Advantage 124

Leading Blog

FEBRUARY 26, 2014

To a third, it means fair labor and responsible people management practices. To a fourth, it means serving the long-term greater good. Besides responding to our moral responsibilities, proactive ethical leadership drives important business metrics and provides a competitive advantage.

Ethics 285

Ethics Leadership Competitive Advantage Morale 285

Skip Prichard

AUGUST 25, 2019

” Those words are printed on the back cover of Five Frequencies: Leadership Signals that Turn Culture into Competitive Advantage. Five Frequencies prescribes more than 20 practical Signal Boosts for turning culture into competitive advantage. We’re in the business of helping clients measure and manage culture.

Competitive Advantage 94

Competitive Advantage Leadership Analysis Tips 94

Michael Lee Stallard

JUNE 26, 2017

Lafley’s long career in marketing had taught him how to glean insights by listening to P&G’s customers. Although senior managers were considering several new business initiatives at the time, P&G’s employees felt something different was needed. The expanded term for this element is knowledge flow.

Competitive Advantage 186

Competitive Advantage Long-term Drucker Marketing 186

Skip Prichard

FEBRUARY 3, 2020

He’s also a sought-after speaker on subjects ranging from competitive advantage to strategy to leadership. You’ve met thousands of managers and leaders in businesses around the world. That high performing blend tends to adapt fastest in the short and very long term. He holds an M.B.A. ” -Max Mckeown.

Strategic Planning 107

Strategic Planning Competitive Advantage Document Short-term 107

The Horizons Tracker

FEBRUARY 24, 2021

Diversity has long been accepted as being extremely valuable to the effective functioning of teams, yet it remains an area many organizations struggle with. We’ve known for a long time that the U.S. Interestingly, firms with low diversity across management didn’t do as poorly as firms with mismatched diversity levels.

Diversity 87

Diversity Competitive Advantage Long-term Learning-by-Doing 87

HR Digest

JANUARY 10, 2024

When you have reams of unnecessary policies, approvals required for simple things, and an us-versus-them attitude between managers and employees, you need to step back and look at the level of fear vs. trust in your business. It’s long been said and it’s unfortunately, abundantly true that the recruiting process is broken.

Ryan 59

Ryan Handbook Letter Competitive Advantage 59

Brigette Hyacinth

NOVEMBER 20, 2020

Sadly many organizations prefer these managers because they seem to be on top of, and in control of everything. In the short term, they may produce results but in the long run they leave a trail of destruction in their path. “It If employees cannot make decisions at all without their managers input, they will feel suffocated.

Micromanagement 98

Micromanagement Customer Loyalty Competitive Advantage Short-term 98

Michael Lee Stallard

MAY 5, 2015

How does an emotional connection between management, employees, and customers actually provide a competitive advantage? All of these benefits are performance enhancers that provide a competitive advantage to an organization. Doesn’t culture change take a long time?

Competitive Advantage 150

Competitive Advantage Cooper Long-term Stress 150

Decker Communication

MARCH 30, 2020

The economic outlook for the near-term is clearer: rough seas for the foreseeable future. The months ahead will be a high-pressure exercise in change management, and success will depend on an organization’s flexibility and capacity to adjust its trajectory. Employees have settled into the work from home world.

Shaw 85

Shaw Hammer Crisis Competitive Advantage 85

Strategy Driven

JULY 13, 2023

By integrating the SMART framework , the aforementioned goal can be refined to articulate, for instance, “I aim for my manager to promote me from a level-1 graphic designer to a level-2 graphic designer, accompanied by a 10% pay increase within the next six months.”

Career 93

Career Construction Education Industry 93

Michael Lee Stallard

DECEMBER 9, 2010

The report went on to show this has been a long-term downward trend rather than a temporary decline due to the Great Recession. Gradually over time, America has become overly obsessed about managing tasks. When managers invest time to develop connections with and among people they become real leaders who people want to follow.

Leadership 400

Leadership Six Sigma Competitive Advantage Consensus 400

N2Growth Blog

FEBRUARY 4, 2015

Throwing out standard process and procedures in favor of a handful of powerful but easily remembered principles for managing strategy will soon begin to show improvements in your business results. Here are the five principles that guide Advantage Strategy: #1. Priority on People. How many times have you heard this one? Agile and Fast.

Process 150

Process Agility Competitive Advantage Strategy 150

Strategy Driven

JANUARY 11, 2020

It leads you to believe prioritization is about time management or how to use to-do lists. Short vs. long term results – Quick wins are preferable, but you can build competitive advantage pursuing ideas that yield results in the long term since others tend to neglect them.

Competitive Advantage 65

Competitive Advantage Short-term Long-term Definition 65

Eric Jacobson

FEBRUARY 10, 2024

“When it comes to culture, one of the most glaring issues is that far too many leaders do not recognize it as one of their greatest competitive advantages,” says Matt Mayberry , author of the new book, Culture Is The Way. Don’t just manage people, coach your people. Perseverance in the face of adversity.

Class 87

Class Mission Statement How To Teamwork 87

Lead from Within

AUGUST 2, 2018

That means making sure people feel invested in and nurtured, and keeping the company competitive in the market. And strategy is important, but a thriving organizational culture is an even more critical for long-term competitive advantage. Manage relationships. Communicate consistently and with candor.

CEO 167

CEO Succession Diversity Competitive Advantage 167

Great Leadership By Dan

APRIL 19, 2018

And why do many, despite their best efforts, manage to motivate top performers but can’t get the whole team rowing in the same direction? Emphasize a long-term view to keep your purpose present in major decisions. We found that to create a common goal, it’s vital to ramp up your purpose as an organization.

How To 218

How To Mission Statement Mayo Core Competence 218

Harvard Business Review

SEPTEMBER 19, 2018

Rather than requiring less short-term information, we believe the key to combating short-termism is to encourage companies to share more information about their long-term plans. When asked why companies don’t talk more about the long term, CEOs often complain about the short-term orientation of investors.

Long-term 10

Long-term CEO Planning Short-term 10

Michael Lee Stallard

MARCH 6, 2016

The study’s author wrote that the “case histories repeatedly show that a sense of community is essential for long-term survival.”. He has spent his entire career with the firm and he recently celebrated his 10 th year as Managing Partner, only the fifth man to hold that senior position in the firm’s history.

Short-term 150

Short-term Long-term Competitive Advantage Chemicals 150

Strategy Driven

MARCH 9, 2018

No matter if you run a manufacturing business or a small online store, you need to stay competitive by making sure that you reduce waste and improve customer satisfaction every day. If you are serious about improving your business and your productivity, you have to take supply chain management more seriously in the future.

Supply Chain 50

Supply Chain Management Quality Competitive Advantage 50

The Horizons Tracker

JANUARY 25, 2021

” The figures are particularly worrying because the footloose tend to be focused most intently on knowledge-intensive industries where location is less of a competitive advantage. The authors believe this is clearly a result of Brexit, as migration flows across the rest of the EU has remained stable across the same period.

Uncertainty 93

Uncertainty Competitive Advantage Long-term Education 93