article thumbnail

How Your Leadership Has to Change as Your Startup Scales

Harvard Business Review

If we’re going to scale successfully at the pace we’ve laid out, we’ve got to execute faster and delegate more. So she and her boss agreed to have her lead the development of a pop-up store, which required collaboration with finance, sales, and product teams. I want you pushing hard on your teams.

article thumbnail

4 Models for Using AI to Make Decisions

Harvard Business Review

Charismatic CEOs enjoy leading and inspiring people, so they don’t like delegating critical business decisions to smart algorithms. Computational autonomy requires that C-suites revisit the hows and whys of delegation. At one American retailer, an autonomous ensemble of algorithms replaced the entire merchandising department.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Midsized Companies Can’t Afford Operational Glitches

Harvard Business Review

As his firm grew, he undervalued and underpaid the executives who ran the supply chain and finance departments. Then Costco came knocking on Dave’s doors to supply its warehouse clubs, but Dave’s had to turn the giant retailer down. million in financing for a new 50,000-square-foot bakery, which opened in 2008.

article thumbnail

How the Best CEOs Get the Important Work Done

Harvard Business Review

And they constantly review the 60 percent to decide if really need to do them or can delegate them to others. One pharmacy retail chain CEO who wasn’t particularly good at investor relations simply hired people who were better and entrusted them with that duty. But I don’t have to fix them.”

CEO 8
article thumbnail

How to Reduce Primary Care Doctors’ Workloads While Improving Care

Harvard Business Review

Rather than do the conceptually hard and convention-challenging reorganizations of systems and finances required to truly transform care, it is easier to suggest tweaking the system and encouraging patients to use more primary care — and let primary care take it from there. Overconsumption. Getting the right data to the right recipient.

article thumbnail

What to Do When Your Future Strategy Clashes with Your Present

Harvard Business Review

Drawing on a powerful tool from the finance world, they conceived of those collections operating as portfolios — each with a specific business objective and time horizon. MedStar connects all three portfolios not just through resource allocation but through the constant efforts of the leadership team, which does not delegate this task.

article thumbnail

Simplify Your Analytics Strategy

Harvard Business Review

Delegate the work to your analytics technologies. Here are ways to delegate the work to your analytics technologies: • Next-Gen Business Intelligence (BI) and data visualization. As a result, the firm experienced improved processing time by several hours, generating quicker insights and a faster reaction time.