Remove Customer Loyalty Remove Innovation Remove Leadership Remove Short-term
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The Evolving Role of the Board of Directors in Sustainability and Ethics

N2Growth Blog

Hence, responsible business practices improve reputation and efficiency, ensuring long-term viability. It calls for courageous leadership from a board willing to innovate, collaborate, and inspire others to follow. It calls for courageous leadership from a board willing to innovate, collaborate, and inspire others to follow.

Ethics 217
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How to Discover Your Organization’s Deep Purpose

Skip Prichard

They know that for deep purpose to take hold, both their daily actions and long-term strategic plans must be consistent with the overarching purpose. Based on my research, I have found that when leaders practice deep purpose, their long-term financial performance actually improves in comparison with their convenient-purpose counterparts.

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How to Drive Strategies By Assessing Your Company Capabilities

N2Growth Blog

So, it’s essential for leadership teams to pinpoint and honestly assess these capabilities. Forecasting Capabilities: How well does the leadership team know the industry? Customer Loyalty: Is the firm preferred among its customers? How easy is it for a customer to shift to another provider? Technology.

Strategy 261
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Great Leadership isn’t about control. It’s about Empowering people.

Brigette Hyacinth

In the short term, they may produce results but in the long run they leave a trail of destruction in their path. “It Reduced Innovation – When employees feel like their ideas are invalid or live in constant fear of criticism, it’s eventually going to take a toll on creativity. Steve Jobs.

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How CEOs Can Make Smart Strategic Trade-Offs

Harvard Business Review

CEOs should actively manage five specific tensions in today’s complex global business environment: Disruptive innovation versus leveraging the company’s core strengths. Pursuing cost leadership versus differentiating for value. Leadership is changing — fast. Manage costs — or add value?

CEO 8
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Why Do Corporations Need A Single Purpose?

Harvard Business Review

Some want to hold their shares for only a short time and care only about tomorrow's stock price. Others are investing for retirement or to pay for a child's college tuition, and care about long-term returns. Some want their firms to make informal commitments to build employee and customer loyalty that will pay off in the future.

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What China’s Shift to a Service Economy Means for Its Managers

Harvard Business Review

Moreover, this type of incentive system to motivate employees also aligned well with the more traditional management structures in Chinese companies where decision-making is centralized and leadership is equated to a large extent with adhering to quotas and other pre-established criteria.