Remove Development Remove Finance Remove Human Resources Remove P&L
article thumbnail

Be an Advocate for Yourself :: Women on Business

Women on Business

o Make sure your position has P&L responsibility. Develop your web of influence (key stakeholders, decision makers, influencers, connectors) to assist you in reaching your goal. o Develop your subject matter expertise through social media, community organizations and board positions.

article thumbnail

Bring Back the General Manager

Harvard Business Review

Two decades ago, organizations were designed around stand-alone business units, so all managers had to understand finance, technology, manufacturing, sales, marketing, strategy, human resources, and more. At one time general managers were at the center of the action. So it just might be time to bring back the general manager.

Insiders

Sign Up for our Newsletter

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

article thumbnail

It's Harder than Ever to Be a Senior Executive

Harvard Business Review

I've written about the rising significance of soft skills, including in the March 2011 issue of HBR (coauthored with Kevin L. The CIO has to know what's going on in finance and marketing, for instance, and P&L experience is important even for support functions like human resources.

article thumbnail

The Rebirth of the CMO

Harvard Business Review

That means churning through data to find insights that others haven’t seen and then developing the organizational capability to act on them faster and better to drive above-market growth. Says Abi Comber, Head of Marketing for British Airways: “Having P&L responsibility is incredibly powerful.

P&L 10
article thumbnail

Make Your Company Customer-Centric – and Increase Profitability by a Whopping 75 Percent

Strategy Driven

However, a company’s biggest expense doesn’t show on a P&L, at least not directly. It’s clear that developing a customer-obsessed organization extends well beyond your customer service team. There’s no line item for poor customer service, but nothing may have a greater impact on your bottom line than dissatisfied customers.

Company 72
article thumbnail

Making Matrix Organizations Actually Work

Harvard Business Review

A matrix structure is an example of hard-wiring, because the two bosses of a manager in a matrixed position have the joint responsibility to set his objectives, supervise his work, do his appraisal, and ensure his development. to optimize their performance, conflict is baked into the matrix. Don’t pretend.