HR Digest

JULY 4, 2023

It’s no longer an elusive concept influenced by everyone but led by no one. It’s a model that embraces different perspectives, from employees to customers, from middle managers to the CEO. Board of Directors: Guide the development of the desired culture, aligning it with business goals and stakeholder needs.

Company 98

Company Middle Management Mission Statement Bottom-up 98

The Horizons Tracker

NOVEMBER 30, 2021

There has been much research to highlight the competitive advantages human capital can provide to an organization, and so it stands to reason that much thought has been given to understanding the various factors that influence someone’s decision to depart their employer. Chicken and egg.

Human Capital 116

Human Capital Human Resources Competitive Advantage Loyalty 116

Leading Blog

APRIL 5, 2019

We tend to see situations in one of two ways: either events are certain and can, therefore, be managed by planning, investment, and reliable budgets; or they are uncertain, and we cannot manage them. Bayes has even influenced the design of machine learning techniques, notably the naive Bayes classifier.

Uncertainty 308

Uncertainty Sports Credit Rating Learning-by-Doing 308

Experience to Lead

JANUARY 29, 2024

However, managers and employees who can turn times of crisis into opportunities for organizational change and growth will be the ones to ensure the business stands the test of time. The good news is, there are ways of managing disruptions to business without crumbling under the pressure.

Learning-by-Doing 52

Learning-by-Doing Travel Competitive Advantage Crisis 52

Harvard Business Review

AUGUST 13, 2012

Risk management is now at the heart of the governance model for the Olympic Games and the Olympic movement, and not only because of their growing scale and complexity. These risks can emanate from the realm of security, public health, natural ecology, technology, or economics.

Risk Management 15

Risk Management Management Committee Insurance 15

N2Growth Blog

OCTOBER 18, 2010

Making sound decisions is a skill set that needs to be developed like any other. By developing a qualitative and quantitative filtering mechanism for your decisioning process you can make better decisions in a shorter period of time. As much as you may wish it wasn’t so, as a CEO you’re really only as good as your last decision.

Blog 416

Blog Analysis CEO Brand 416

N2Growth Blog

MAY 16, 2010

If your company’s long-term business plan requires the acquisition, or retention of the uber employee then your business not only has a risk management issue, but it is likely not scalable. Talent is clearly a plus as long as it is a value add and not a business requirement. I Think Not.

Business Model 344

Business Model Brand Blog Supply Chain 344

N2Growth Blog

DECEMBER 16, 2023

Exploring Key Factors Influencing Effective Governance First and foremost, it is crucial to comprehend that governance is not a single-dimensional concept but a complex amalgamation of factors working in harmony. These factors form a formidable foundation for effective organizational governance when paired together.

Compliance 239

Compliance Efficiency Ethics Metrics 239

Strategy Driven

NOVEMBER 2, 2018

It is important to teach business domestically and internationally that: We must understand how to use power and influence for positive change. We must learn to benefit from change management, not to become victims of it. It helps to manage relations with stakeholders. It is an ongoing dialog that companies have with themselves.

Ethics 50

Ethics Mission Statement Strategic Planning Benchmarking 50

Skip Prichard

OCTOBER 10, 2019

Steve Anderson spent his career in the insurance industry focused on risk and business growth. He is a leading authority on insurance, risk management, technology, and innovation. Management Advice from Jeff Bezos. The S-Team (senior leadership team) developed Amazon’s flywheel. It just works.” Jeff Bezos.

Letter 88

Letter Collins Long-term Parcell 88

Strategy Driven

JUNE 26, 2014

Many thanks to my colleague Jerry Talley for initially developing this concept of a Macro Map. I suggest starting with a small group of executives/managers who know the work of the department or division. (If With the managers: Begin with listing the customers – the people who receive or use the output. A Macro Map can help.

Process 57

Process Strategy BPM Metrics 57

Strategy Driven

AUGUST 5, 2016

This ladder holds true for managers and employees within the organization, as well as outside consultants brought in. Planning, tactics, organizational development. When all succeed, then profitability is much higher and more sustained than under the Hard Nose management style. Business Development. Systems and Processes.

Leadership 50

Leadership Benchmarking Learning-by-Doing Ethics 50

Strategy Driven

AUGUST 3, 2018

Above that, Customer Focused Management needs to be implemented, meaning that all actions and decisions should be tied to customer outcomes. Where mid-managers buy the hype of the marketing slogans but stonewall the progress that would enable the company to live up to its claims. Honor the employees, who in turn honor the organization.

Company 50

Company Self-aware Creativity Marketing 50

Strategy Driven

SEPTEMBER 2, 2016

I developed the concept of integrating Pop Culture Wisdom with management training and business planning over the last 40 years. There have been books on fundraising and some articles on volunteer management and the business aspects of running non-profit organizations. Communicating and developing people skills.

Strategic Planning 50

Strategic Planning Planning Ethics Learning-by-Doing 50

Harvard Business Review

SEPTEMBER 24, 2012

Every day, senior managers are tasked with making very significant strategic decisions for their companies, which usually require support by teams of internal and external experts and a heavy dose of research. They do, however, open us up for biased risk/reward decision-making when applied to today's knowledge-based work.

Kahneman 15

Kahneman Risk Management How To Commitment 15

Harvard Business Review

MAY 28, 2013

In one of the most comprehensive global surveys of corporate directors to date, we found that they were very worried about developing and enacting strategic plans that will enable their organizations to succeed. Not innovation, risk management, technology, debt, or the regulatory environment. Not competitive threats.

Talent Management 8

Talent Management Company Telecommunications Management 8

Harvard Business Review

MAY 29, 2012

But how can the CEO influence far-flung staff to do the right thing consistently? The answer is found in a sound risk management program that trains, equips, monitors, measures and rewards people for avoiding mistakes and making good decisions. Then, you have to be visible and consistent in holding managers accountable.

Risk Management 10

Risk Management Insurance Incentives Retail 10

Harvard Business Review

SEPTEMBER 21, 2018

Developed during World War II, CARVER (then one letter shorter and known as CARVE) was originally used by analysts to determine where bomber pilots could most effectively drop their munitions on enemy targets. (One One of the most overused expressions thrown around by wannabe “Wall Street Rambos” is business is war.

Tools 11

Tools Risk Management Budgeting SWOT 11

Harvard Business Review

MARCH 26, 2015

Both practices have long developed insights into their customers based on data and analytics. But in the aftermath of the financial crisis, risk managers have become increasingly involved in business strategy and decisions. Gauge and influence a customer’s “next best action.”

Credit Scoring 8

Credit Scoring Risk Management Finance Marketing 8

N2Growth Blog

JANUARY 13, 2011

Aside from being costly, a flawed execution can cast doubt on management credibility, have a negative impact on morale, taint the brand, adversely affect external relationships, and cause a variety of other problems for your business. It should be developed as a solution to a problem or to exploit an opportunity.

Blog 413

Blog Innovation Strategic Planning Brand 413

N2Growth Blog

SEPTEMBER 22, 2010

I often observe ego centered conflicts among senior executives, which turn into a competition for turf, budget, power, influence, control, and ultimately survival. Where do you see “X&# account in > and what can we do to (improve customer satisfaction, increase influence with key stakeholders, increase the life-cycle value, etc.)?

Team Building 284

Team Building Blog Team CEO 284

Harvard Business Review

SEPTEMBER 21, 2018

In contrast, 70% of respondents think their boards have effective processes for staying current on the company; 69% for compliance; 66% for financial planning; and 55% for risk management — although we should note that managing risks is a crucial consideration when pursuing innovation.

Innovation 10

Innovation Short-term Telecommunications Long-term 10

Harvard Business Review

JUNE 29, 2016

How can leaders develop a specific view of the industry- and firm-level implications? These unknowns have the potential to influence the evolution of the financial, institutional, and real economies. ” From the map, combine various values to develop multiple scenarios. Financial economy. For example, a U.S. Run scenarios.

Uncertainty 9

Uncertainty Short-term Supply Chain Long-term 9

Harvard Business Review

OCTOBER 13, 2011

Risk management processes don't — but they should. A better understanding of the drivers of behavior is needed for both banks and consumers to understand risk, and for the financial system to provide timely and targeted interventions. The challenge of better risk management cannot be achieved through regulation alone.

Banking 10

Banking Pharmaceuticals Microfinance Risk Management 10

Harvard Business Review

JUNE 17, 2013

Developing appropriate solutions requires understanding networks comprised of multitudes of heterogeneous layered subnetworks managed by organizations around the world, each with their own policies and incentives. Rather, they develop strategies for managing and coexisting with them in a way that minimizes damage to the overall system.

Game Theory 8

Game Theory Incentives Diversity System 8

Harvard Business Review

SEPTEMBER 16, 2014

When I flew into Lagos last month – only a few days after Nigeria had confirmed its first case of the Ebola Virus Disease – the city was clearly deep in risk management mode. In a similar way, clinics and pharmacies should actively seek to build trusted brands by engaging more proactively with under-served communities.

Health Care 8

Health Care Disruptive Innovation Franchising Innovation 8

Harvard Business Review

JANUARY 26, 2015

” That’s not cynicism; that’s savvy risk management. For an Uber, Airbnb , Weibo, Google, 23andMe and most strategically-situated post-industrial disruptors, managing regulatory combat quickly assumes primacy over managing either innovation investment or customer satisfaction.

Disruptive Innovation 8

Disruptive Innovation Levitt Tourism Incentives 8

Harvard Business Review

DECEMBER 19, 2016

The Center for Orthopedic Research and Education (or CORE Institute ) — a group of musculoskeletal, neurologic, and rehabilitative physicians in Arizona and Michigan that includes orthopedic, spine, and pain-management physicians and a number of other types of clinicians — is pioneering an approach that represents a middle ground.

Benchmarking 8

Benchmarking Health Care Cost Globalization 8

Harvard Business Review

DECEMBER 17, 2013

In fact, the Organization for Economic Cooperation and Development (OECD) estimates that almost a quarter (24.2%) of all New Zealanders with university-level educations have emigrated. We also asked the directors to assess their companies’ performance on talent management by evaluating the following nine practices: attracting top talent.

Talent Management 8

Talent Management Analysis Globalization Survey 8

Harvard Business Review

JUNE 6, 2012

The secret isn't rocket science — it's a full-time commitment to the art and science of project management. PMI's Pulse of the Profession Survey shows that more than two-thirds of project-based organizations have created a dedicated Project Management Office to lead such efforts. Connecting to the Strategic Vision.

Project 16

Project Survey Budgeting Conflict of Interest 16

Harvard Business Review

JUNE 28, 2013

But being able to talk about IT risk is essential if you are going to make the right decisions about how you use technology in your business. Fortunately, there is a way to talk about IT risk — and understand risk — in terms that make sense to every manager. They consider agility as well as access risks.

Agility 8

Agility How To Incentives CFO 8

Harvard Business Review

NOVEMBER 9, 2012

A recent study (also from IBM) indicates that more than 70% of CMOs feel they are underprepared to manage the explosion of data and "lack true insight.". Gene Morphis, former CFO of CVS and David's Bridal suggests: "There is an interesting intersection between risk management and innovation that emerges in the CMO-CIO interface."

CIO 8

CIO Chief Information Officer Norton Technology 8

Harvard Business Review

MAY 30, 2014

Recent incidents with Japan and the air defense identification zone resulted in a very significant US response: trips by Secretary Hagel, President Obama, announcements on the US Defense Treaty pertaining to the Senkaku/Diaoyu Islands issue – ultimately leading to the US and Japan developing a much closer relationship. China’s number one.”

Long-term 8

Long-term Politics Globalization Uncertainty 8

Strategy Driven

AUGUST 1, 2014

We can dispense with all that employee training and professional development. We took a risk once, and it didn’t work out. That was caused by previous management. Sales rankings vary, with various influencers. Learn to manage change, rather than become a victim of it. This hasn’t been our lucky year.

Budgeting 73

Budgeting Risk Management Quality Strategic Planning 73

Harvard Business Review

JUNE 6, 2012

The secret isn't rocket science — it's a full-time commitment to the art and science of project management. PMI's Pulse of the Profession Survey shows that more than two-thirds of project-based organizations have created a dedicated Project Management Office to lead such efforts. Connecting to the Strategic Vision.

Project 14

Project Survey Budgeting Conflict of Interest 14

Harvard Business Review

AUGUST 20, 2013

Reputation risk: C-suites fear their brand''s reputation, neglecting what''s best in creating value for the business or customers and letting the bureaucratic brand image which mistakes appearance for relationship and form for content prevent experimentation. inaction disguised as patience and impatience also contribute to opportunity risk.

Dunning 8

Dunning Project CTO Innovation 8

Harvard Business Review

FEBRUARY 13, 2013

Two major trends are shaping this development: the growth of network technologies and the growing cultural tolerance for foreign business practices even in countries far away from the global mainstream. Take Worldreader , a nonprofit working to spark an e-book publishing phenomenon targeted at school needs in the developing world.

Supply Chain 8

Supply Chain Globalization Technology Trends 8