Strategy Driven

MARCH 31, 2020

This is a time to share the challenges regarding fixed costs, debt, obligations and the cost of doing business. The response must recognize financial reality, but also sustain social capital by respecting all stakeholders. Even with its ups and downs, they’ve learned to depend on you.

Crisis 66

Crisis Open-book Fixed Costs Social Capital 66

Skip Prichard

JULY 22, 2019

1] He also worked hard to build his social capital with other talented inventors, but also with wealthy families and financiers like J. Human capital: who you are as a leader of innovation . Social capital: who you know with key expertise and resources. Morgan, the Vanderbilts, and the Rockefellers.

Innovation 80

Innovation Social Capital Reputation How To 80

Harvard Business Review

NOVEMBER 20, 2013

But effective cooperation, particularly in a setting as complex as health care, requires more than a resolve to play well together; it requires leadership to explicitly recognize the need to build social capital across the organization, and implement a strategy accomplish it. Ultimately, the key to success is authenticity.

Social Capital 8

Social Capital Health Care Cooper Storytelling 8

Coaching Tip

JUNE 21, 2012

The barriers to applying for work have fallen sharply: Once a résumé is created, job seekers can submit hundreds of applications online with zero or minimal extra cost. Acquaintances, in short, represent a source of social capital, and the more acquaintances you have the more powerful you are. .

Tips 128

Tips Succession Social Capital McKinsey 128

Coaching Tip

DECEMBER 7, 2011

In short, trust is a form of social capital that enhances performance between individuals, within and among groups, and in larger collectives, like organizations, institutions and nations. Research has linked the virtues and benefits of trust to economic prosperity, societal stability, and even human survival.

Team 129

Team Team Building Cooper Bottom-up 129

Michael Lee Stallard

AUGUST 6, 2011

Ben Brabyn offers an important lesson in how to bring a group together in How to boost team performance without increasing costs posted at Brabyn.com. developing social capital. Posted at Michael Lee Stallard. Here’s one surprising tip for leaders to help them maximize their message. at The Thriving Small Business.

Article 199

Article Leadership Ingham McCarthy 199

Harvard Business Review

DECEMBER 19, 2011

The impact of on-line professional networks on weak relationships is terrific because they let you exploit this "untapped" reserve of Social Capital. The second explanation, I think, is that social media — contrary to common belief — allows you to better manage also your strong links. We will stay in touch."

Stress 15

Stress Social Capital Audience Media 15

Strategy Driven

MARCH 11, 2016

The essentials of efficient manufacturing include improving the automation of the manufacturing process, and finding outsourcers who can reduce production costs. This may include strategies such as broadening networks, reducing transportation costs, and improving customer service.

Company 50

Company Globalization Outsourcing Transportation 50

Harvard Business Review

APRIL 22, 2011

Soon after, as a visiting scholar at the Center of Human Rights at Columbia University, I witnessed, in New York, the power of social capital used to improve human capital. We created a network and trained the community to take advantage of all these assets, turning them into social capital.

Social Capital 13

Social Capital Education Human Capital Learning-by-Doing 13

Harvard Business Review

JULY 14, 2014

External entrepreneurs consider money, time, opportunity cost, etc. It is quite different for entrepreneurs inside where the most significant investment (and risk) criteria they consider is their social standing and relationship capital within the organization. And then “Who can I bring along with me?”

Entrepreneur 19

Entrepreneur Organization Competitive Advantage Social Capital 19

Harvard Business Review

APRIL 1, 2014

To me this means that he has, in essence, made the calculation that the use of social networks will replace the “badges” that my generation valued to determine reputation. He has opted for the social network over the fraternity as the basis for future advancement, and I hardly think he will be the last to do so.

Social Capital 8

Social Capital Credit Rating Reputation Efficiency 8

Harvard Business Review

JANUARY 27, 2014

As long as the revenues you obtain from those customers exceed your costs, you will turn a profit. As long as the extra revenues justify extra costs, and economies of scale and scope outweigh the cost of increased complexity, it makes sense to continue diversifying. But it is a symptom of a deficit that has a high societal cost.

Social Capital 8

Social Capital Chemicals Industry Cost 8

Harvard Business Review

MARCH 27, 2012

A boss asks his team for cost-cutting ideas and a young staffer suggests opening a FedEx.com account. But this diminishes your team's social capital. You might remember the FedEx commercial "Stolen Idea". Everyone is silent. Avoid the temptation to blame.

Social Capital 14

Social Capital Metrics Long-term Team 14

Harvard Business Review

MARCH 27, 2012

To win and succeed in a stretch assignment, high potentials need to have the right motive (a willingness to have an impact on others in a selfless way), the right leadership assets (including among others the ability to learn, stay resilient, and connect), and be willing to accept the costs of a senior executive position.

Positioning 12

Positioning Social Capital McKinsey Globalization 12

Harvard Business Review

APRIL 11, 2014

However, as examined in this study, attracting those resources can come at a stiff cost: the imperiling of the founders’ control of the company they created. By attracting those resources to the company, founders have a better chance of growing a more valuable company.

Venture Capitalist 9

Venture Capitalist Entrepreneur IPO Human Capital 9

Harvard Business Review

MAY 16, 2012

You don't have to pander to the person who did you a favor all those years ago, and more generally, you don't have social capital within your organization to protect. This means you're pretty free from some huge barriers to innovation : sunk costs, self-interest, and bias.

Social Capital 12

Social Capital Industry Retail Budgeting 12

Harvard Business Review

FEBRUARY 13, 2013

There is however a substantial segment of social media users, often referred to as the "magic middle," whose network value is relatively high, but who may be more willing to engage with the brand. Those with higher CNV would merit a higher customer acquisition cost, much as marketers spend more to acquire higher-spending customers.

Advertising 8

Advertising Discount Media Customer Loyalty 8

Harvard Business Review

OCTOBER 12, 2018

While some research has shown that white men face no penalty for promoting diversity, other studies suggest that there can be a cost to acting as an ally. First, there’s the dreaded wimp penalty. The solution is more interaction and learning, not less. Engage in supportive partnerships with women.

Conference 15

Conference Self-aware Diversity Participative 15

Harvard Business Review

AUGUST 12, 2013

Coincidentally, a recent article in the Wall Street Journal reports, among other things, that the last head of Apple Stores (post Ron Johnson ) had changed the emphasis from customer service to sales and cost cutting. And don''t worry about the cost of finding and engaging such folks. Organize Live Presentations by Your Rock Stars.

Retail 8

Retail Video Audience Social Capital 8

Harvard Business Review

JANUARY 29, 2016

As noted in research by Paul Adler and Seok-Woo Kwon at the University of Southern California, a well-designed employee network essentially makes up the “social capital” of a company, due to all the assets or resources that can be mobilized through the network.

Analysis 8

Analysis Competitive Advantage Social Capital Project 8

Harvard Business Review

JANUARY 3, 2013

Accompanying these peer economy companies are others (like Zipcar) which simply leverage technology and lower transaction costs to make flexible renting a viable alternative to asset acquisition. The digitization of social brings real-world trust and social capital online.

Disaggregation 9

Disaggregation Hammer Mass Marketing Gordon 9

Harvard Business Review

NOVEMBER 18, 2013

But if you consider the possibility of infinite variety that comes with a digital platform, not to mention the low or non-existent marginal costs, this model is probably leaving good money on the table. Integrate the idea of social capital in the monetization approach. How can business make money from digital content, then?

Price 10

Price Content Reputation Advertising 10

Harvard Business Review

APRIL 22, 2013

The guiding concepts in this view of leadership are openness, self-election, continuous prototyping, robust platforms, and low coordination costs. Socialize your underused assets. Think of the resources you have in abundance and how you might "socialize" them to build your organization''s social capital and enrich the flow of ideas.

Mission Statement 9

Mission Statement Class Learning-by-Doing Pharmaceuticals 9

Harvard Business Review

SEPTEMBER 10, 2012

That makes her referral and influencer value to your firm (after allowing for other factors that influenced purchase decisions, along with the cost of supporting Catie's advocacy) equal to $33,080 — or 13.8 They're helping customers build social capital. times her value as a purchaser. They're improving customers' lives.

Goal 8

Goal Webinar Social Capital Bottom-up 8

Harvard Business Review

MAY 23, 2014

Dattner suggests saying something like, “I acknowledge that this is going to save me three hours, but there’s going to be a cost of an hour to you. When things are going well, you have social capital to spend,” says Dattner. ’” Also acknowledge the impact your actions might have on others. Take risks.

Management 12

Management Case Study Team Social Capital 12

Harvard Business Review

MAY 3, 2013

Beware of Inserting Market Norms into Social Situations. Suppose one of the stranded runners in Boston had offered $50 to one of the local residents who gave him a ride, under the rationale that it''s about what a taxi would have cost. Social Rewards Are More Powerful. It''s true.

Guidelines 8

Guidelines Banking Discount Open-book 8

Harvard Business Review

FEBRUARY 27, 2012

The global economy and the Internet have heightened our sense of interconnectedness and sharpened our awareness that when a business focuses only on enriching investors, it implies that managers view the interests of customers, employees, communities and the fate of the planet as little more than cost trade-offs in a quarter-by-quarter game.

Short-term 15

Short-term Long-term Ethics Incentives 15

Harvard Business Review

OCTOBER 21, 2016

They group these into three areas and argue that over time, you want to review that you are investing enough to balance out your portfolio for a lifetime: Productive assets: Knowledge, skills, professional social capital, reputation. Not doing so may cost more in the long run.

Career 8

Career Leadership Pipeline Social Capital Open-book 8

Harvard Business Review

JULY 24, 2014

On occasion, these senior executives may designate lieutenants to sit on the brand council as their representatives, but they ensure the designees have the social capital, as well as the authority, to participate fully. The brand council is charged with using the brand as the lens for strategic business decision-making.

Brand 8

Brand Strategy Advertising Brand Management 8

Harvard Business Review

FEBRUARY 26, 2015

Previous studies have shown that once you factor in transaction costs — men trade more frequently — male and female investors have about equal returns.). (I’m drawing a causal inference here because the difference between connected and unconnected analysts was bigger than the difference between men and women generally.

Advice 8

Advice Sample Social Capital CEO 8

Harvard Business Review

OCTOBER 26, 2017

Political economist Francis Fukuyama predicted a future when social capital would be as important as physical capital, and that only those societies with a high degree of social trust would be able to create large-scale organizations capable of competing in the new economy. The Edges Are No Longer the Boundaries.

Supply Chain 8

Supply Chain Content Power Transportation 8

Harvard Business Review

MARCH 5, 2012

This is simply because being in a job appears to trigger latent entrepreneurship, and also because there is a more intensive re-investment of social capital to generate financial capital than is customary in the West.

Entrepreneur 16

Entrepreneur Banking Supply Chain Globalization 16

Harvard Business Review

DECEMBER 8, 2016

He felt it wouldn’t be cost-effective to add more controls at the group level. But it would take a lot of social capital. Rogier liked this system for three reasons: It freed him from having to manage all the disparate businesses, so he could focus on additional acquisitions. Should Derek fight the holacracy initiative?

Case Study 8

Case Study Decentralization CFO Construction 8

Harvard Business Review

SEPTEMBER 30, 2014

Scotland has the intrinsic qualities of successful small advanced economies: an educated population, social capital, and competitive firms. What does matter is the ability to set economic policy in a way that reflects local context. The UK’s future in the EU is uncertain. Not every small country succeeds.

Consensus 10

Consensus Globalization Politics Policies 10

Harvard Business Review

NOVEMBER 4, 2016

That’s a more than a hundredfold escalation in labor costs, plus higher materials costs — and horrible quality. executives feel that they do not generally seem to have the kind of social capital that would cushion against a big sociopolitical backlash. Perhaps U.S.

Globalization 8

Globalization Education Policies Survey 8

Harvard Business Review

NOVEMBER 16, 2016

On many of these issues, the Democrats can achieve what they want at little or no cost as long as they don’t shoot themselves (and the American people) in the foot simply to deny Trump a victory. There is further overlap between the interests of Trump and some Democrats when it comes to their distaste for the TPP.

Health Care 8

Health Care How To Politics Policies 8