Strategy Driven

JULY 13, 2011

Operating-cost productivity metrics might include the component costs for building an automobile or delivering a package, the rates of rework, and so forth. Pharmaceutical companies have long needed deep scientific-innovation leadership capabilities but relatively few general managers.

ROIC 62

ROIC Balanced Scorecard Metrics McKinsey 62

Harvard Business Review

NOVEMBER 15, 2018

hospitals and health systems experienced an average 39% reduction in their operating margins from 2015 to 2017. Cost reduction requires an honest and thorough reassessment of everything the health system does and ultimately, a change in the organization’s operating culture. PM Images/Getty Images. ” Clearly, more is needed.

Cost 9

Cost System Management Franchising 9

Harvard Business Review

MARCH 21, 2012

Surprisingly, one was running operations in supposedly macho Iberia (Spain and Portugal), the other in China. A whopping 80% of graduating doctors are female too, turning the medical profession into a female sector not necessarily reflected in the big pharmaceutical or medical devices company that try and serve them.

Pharmaceuticals 13

Pharmaceuticals Maturity Education Objective 13

Harvard Business Review

NOVEMBER 27, 2015

Brower designed a faculty “externship” where she left her university office and for two months become part of global pharmaceutical company Eli Lilly’s daily operations. Rather than act as an outside consultant, she would work as an insider.

Company 8

Company Education Pharmaceuticals Project 8

Harvard Business Review

SEPTEMBER 29, 2011

In explaining pharmaceutical firm GlaxoSmithKline's decision in 2009 to end this practice, CEO Andrew Witty said that "the company's decision was driven by the long-term nature of the pharmaceutical industry, which meant short-term financial indicators were of limited use.". pension fund consultant told me.

Long-term 12

Long-term CEO Short-term Asset Management 12

Harvard Business Review

MARCH 21, 2018

These kinds of statements speak to a leader’s choice of values, and a failure to understand the relationships between a safe work environment and operational performance. The reality is that virtually all workplace injuries are preventable, and safety management and operational excellence are intimately linked. At Cummins, Inc.,

Operations 15

Operations Chemicals CEO Metrics 15

Harvard Business Review

JULY 6, 2017

The executives came from a wide array of industries, including financial services, pharmaceuticals, and media. Our study was published in Consulting Psychology Journal in December 2016. The average coaching engagement lasted six to 12 months. The gender breakdown was 54% male and 46% female.

Execution 12

Execution 360-Degree Feedback Executive Coaching Sample 12

Harvard Business Review

JANUARY 5, 2018

USC’s John Boudreau, CEO adviser Ram Charan, and consultants at Bain & Company , McKinsey, and Korn Ferry have made similar arguments. In sales-driven companies (think pharmaceuticals and industrial equipment), they are often field sales managers who direct dozens of salespeople in the highest-volume regions.

McKinsey 8

McKinsey Human Resources Reputation Brand 8

Harvard Business Review

MAY 5, 2016

And alongside the country’s bad debt (some estimates say it is $40 billion ), sanctions were commonly evaded through money laundering , which discouraged foreign banks from operating locally. Companies need to confirm that their policies are compliant by consulting with an external sanctions lawyer.

Tourism 8

Tourism Banking Due Diligence Hotels 8

Harvard Business Review

SEPTEMBER 26, 2011

Kasturi Rangan ; Michael Mauboussin of Legg Masson; Jeffrey Pfeffer of Stanford; and Michael Raynor of Deloitte Consulting. Some people may contend that given the high risks and many years it takes to develop a new drug, pharmaceutical companies are different animals from other firms. I disagree.

CEO 15

CEO Short-term Long-term Restructuring 15

Harvard Business Review

MARCH 27, 2018

voters and appeal to their hopes, neuroses, and fears, the political consulting firm needed to train its algorithm to predict and map personality traits. The Commission also preliminarily found Google to have abused its dominant position with both its Android mobile operating system and with AdSense. ” To target U.S.

Company 9

Company Advertising Incentives Engineering 9

Harvard Business Review

FEBRUARY 4, 2013

Biology must move from the design table to the Board table," we were told by Janine Benyus, co-founder of consultancy Biomimicry 3.8. Perhaps surprisingly, two leading examples come from pharmaceutical companies. Levi Strauss, intriguingly, has used biomimetic techniques in developing new production techniques for jeans.

EPS 8

EPS Innovation CEO Pharmaceuticals 8

Harvard Business Review

FEBRUARY 11, 2016

McKesson, the US-based pharmaceutical and health-care giant, benefits from external expertise as a strategic extension of its resources in areas such as business strategy and logistics support. Has the organization identified the critical capabilities it needs to establish? Are relationships well thought-through?

Agility 8

Agility Organization Resources Fixed Costs 8

Harvard Business Review

DECEMBER 5, 2016

These diverse groups of volunteer employees work across organizational boundaries and outside of their regular operational duties. Japanese pharmaceutical Eisai used them to improve care for Alzheimer’s patients. They are empowered by – and in frequent communication with – senior management. in less than five years.

Library 8

Library Strategy Reference Bottom-up 8

Harvard Business Review

FEBRUARY 20, 2014

But an awful lot of these jobs command very high-wages in law, finance, accounting, consulting, advertising, engineering, design, software, healthcare, scientific research, architecture, entertainment, hospitality, and many other areas. True, some of these are low-paying, burger-flipper jobs.

Intellectual Capital 8

Intellectual Capital Magazine Pharmaceuticals Creativity 8

In the CEO Afterlife

JUNE 19, 2011

We operate by the mantra of “use it or you lose it.” So do pharmaceutical giants Eli Lilly and Pfizer. Formerlife: CEO of Jacobs Suchard (Nabob, Kraft), Strategy/Branding Consultant. But along the way, we contemplated the notion, grew independent and blazed our own trail of social change. Sure, we have our insecurities.

Advice 147

Advice Marketing Marketing Strategy Brand 147

Harvard Business Review

FEBRUARY 28, 2013

Carl Kerrigan,* a director of operations at a large pharmaceutical company, sees office gossip as an important communication tool. It proved successful — by the time we publicized the move, most people were accustomed to it and we averted the need for a long consultation process.". Case Study #1: Use it to test the waters.

Reputation 8

Reputation Case Study Information CFO 8

Harvard Business Review

OCTOBER 26, 2017

Based on her research, she knew the company was starting to sell business plan software and consulting services. ” One day he interviewed for a marketing support job at a pharmaceutical company. Today he is the senior digital marketing strategist at PureVPN, which operates a self-managed VPN network.

How To 11

How To Long-term Marketing Case Study 11

Strategy Driven

JANUARY 24, 2011

Recently, my company, OnPoint Consulting, conducted a study of over 400 companies. Plus, as a result of a lack of cross-organizational coordination and cooperation, Nokia wasn’t able to improve its proprietary operating system, Symbian, which would have allowed it to support a more sophisticated smartphone.

Execution 67

Execution Company 360-Degree Feedback Cooper 67

Cooperperson

OCTOBER 21, 2019

By the grace of God and connecting with generous people, Ellen got to the chairman of Merck Sharp & Dohme, one of the largest pharmaceutical companies in the world. ” -Peter Curcio, Chief Operating Officer, Arrow Security. ” –Brian Tracy, Author, Speaker, Consultant. Inspirational on all counts!

Open-book 12

Open-book Chief Operating Officer Books Entrepreneur 12

Harvard Business Review

OCTOBER 24, 2014

I have had a front row seat as companies have struggled to enter the emerging world of the Internet of Things — first, 10 years ago as a vice president at Ambient Devices , an MIT Media Lab spinoff that was a pioneer in commercializing IoT devices, and then as a consultant. Operations.

Productivity 8

Productivity Products Company Engineering 8

Harvard Business Review

JUNE 24, 2015

Tata Consultancy Services, the India-based information technology (IT) services and solutions company, operates in an environment it can neither predict nor change. The renewal approach to strategy aims to restore the vitality and competitiveness of a firm when it is operating in a harsh environment.

Strategy 8

Strategy Competitive Advantage Environment Execution 8

Harvard Business Review

SEPTEMBER 20, 2011

million new jobs would be created over the next decade in "leading edge" industries such as IT, aerospace, telecom, pharmaceuticals, semiconductors, and electronic component manufacturing. Apple, the single exception, operates as a startup. In 1999, the Bureau of Labor Statistics forecast that 2.8 It never happened.

Innovation 12

Innovation Supply Chain Offshoring Policies 12

Harvard Business Review

JUNE 30, 2014

Places full of highly mobile and in-demand workers operate more democratically. They went deep into three international firms with reputations for excellence – one a law firm, one a public accounting firm, one a management consultancy – conducting over 100 face-to-face interviews with people working within them. How do they do that?

Politics 8

Politics Pharmaceuticals Consultative Consensus 8

Harvard Business Review

AUGUST 8, 2012

Pharmaceutical companies must conform to strict standard procedures to replicate consistently high quality drug development results and satisfy FDA regulatory requirements at every stage.

Compliance 14

Compliance Merchandising Deming Pharmaceuticals 14