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. Implementing new strategies driven by advanced technology contributes significantly to organizational efficiency and effectiveness.

Compliance 239

Compliance Efficiency Ethics Metrics 239

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. Decisions made at the gut instinct or data level can be made quickly, but offer a higher level of risk.

Blog 416

Blog Analysis CEO Brand 416

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

Strategy Driven

JUNE 26, 2014

Many thanks to my colleague Jerry Talley for initially developing this concept of a Macro Map. Some organizations create a Business Architecture graphic to show how business strategy, functions, processes, technology and data relate. that could influence the choice of one project or another. A Macro Map can help.

Process 57

Process Strategy BPM Metrics 57

Strategy Driven

AUGUST 5, 2016

Planning, tactics, organizational development. Demonstrated integrity and dependability assure customers and stakeholders that you will use your size and influence rightly. You employ state-of-the-art technology and are in the vanguard of your industry. Business Development. You develop-champion the tools to change.

Leadership 50

Leadership Benchmarking Learning-by-Doing Ethics 50

Strategy Driven

AUGUST 3, 2018

Since 92% of all problems in companies stem from poor management decisions, do a better job of training managers to be leaders. Each one influences the other and the whole of the enterprise. How important is it to build an organization well, rather than constantly spend time in managing conflict?

Company 50

Company Self-aware Creativity Marketing 50

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

SEPTEMBER 21, 2018

Fewer than one-third (30%) of respondents to our survey see innovation as one of the top three challenges their company faces in achieving its strategic objectives, and just 21% think that technology trends are a major strategic challenge. We also found that a focus on innovation tends to go hand in hand with longer-term time horizons.

Innovation 10

Innovation Short-term Telecommunications Long-term 10

Harvard Business Review

JUNE 17, 2013

Widespread use of antivirus, intrusion detection technologies, improved cryptography algorithms, and methods for blacklisting infected web sites are just a few examples of how technical advances have improved cyber defense. This approach has greatly enhanced our ability to defend information systems against attack.

Game Theory 8

Game Theory Incentives Diversity System 8

Leading Blog

APRIL 5, 2019

O NE OF the unfortunate side effects of living in an age of accelerating technology is having to deal with increased uncertainty. 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.

Uncertainty 308

Uncertainty Sports Credit Rating Learning-by-Doing 308

Harvard Business Review

NOVEMBER 9, 2012

But given that today's CMO is often the main connection between the consumer and the company, a strong relationship with the CIO can allow her to leverage technology to better understand those customers. It's up to the CEO to ensure that marketing and IT are on the same page in terms of both innovation goals and risk management.

CIO 8

CIO Chief Information Officer Norton Technology 8

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

NOVEMBER 8, 2018

As corporate leaders grapple with the question of how to prove something is (or isn’t) real, they will need to invest in new technology that helps them keep one step ahead of bad actors. But that technology is still in its early stages, and as it develops you can be sure that bad actors will be working on ways to defeat it.

Reputation 10

Reputation Company Video Crisis 10

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. Some of these nano-multinationals take their products global via network technologies. Nano-multinationals.

Supply Chain 8

Supply Chain Globalization Technology Trends 8

N2Growth Blog

JANUARY 13, 2011

In order for your enterprise to turn an idea into a monetizing and/or value creating event you should develop a strategic plan that attempts to measure the idea against the following 15 elements: 1. It should be developed as a solution to a problem or to exploit an opportunity. Be careful of high level, pie-in-the-sky projections.

Blog 413

Blog Innovation Strategic Planning Brand 413

Strategy Driven

AUGUST 1, 2014

We can dispense with all that employee training and professional development. We’ve got the latest technology. Our company has got the most up to date technology. Companies spend disproportionate amounts of money on technology and neglect their people, processes and policies. Our people were hired to do their jobs.

Budgeting 72

Budgeting Risk Management Quality Strategic Planning 72

Harvard Business Review

JUNE 16, 2015

And as an HBS white paper points out, even some of today’s most mainstream executives — from the CTO to even the CFO — were once just new positions created to deal with “significant opportunities and risks emerging from technological or social disruptions.” Insight Center. The Future of Operations.

Constraint 8

Constraint Supply Chain Resources Operations 8

Harvard Business Review

DECEMBER 19, 2016

For medical conditions or sets of related medical conditions that can easily be treated on their own, the advantage of this model relative to the global payments model is that the provider is only financially accountable for the types of diagnoses that it can reasonably influence.

Benchmarking 8

Benchmarking Health Care Cost Globalization 8

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. And the word IT makes him feel incompetent.

Agility 8

Agility How To Incentives CFO 8

Harvard Business Review

JUNE 6, 2012

This is even more critical for an organization like NASA that has many high-risk projects and an ever-shrinking budget; Have active executive project sponsors; and. Maintain a constant focus on talent development for their teams and, in particular, their project leaders. Continuing Talent Development.

Project 16

Project Survey Budgeting Conflict of Interest 16

Harvard Business Review

NOVEMBER 30, 2016

Most are accompanied by other restrictions, such as taxes and smoking bans in the case of cigarettes, which means it is difficult to disentangle the effects of warnings from other factors that influence behavior. Second, keep in mind that when orchestrated correctly, warnings influence producers as well as consumers. A 2003 U.S.

Chemicals 8

Chemicals Mass Marketing System Policies 8

Harvard Business Review

OCTOBER 21, 2016

Today’s executives are dealing with a complex and unprecedented brew of social, environmental, market, and technological trends. These require sophisticated, sustainability-based management. ” Improving risk management. ” Improving risk management. billion in mining projects since 2010.

Supply Chain 8

Supply Chain Price Loyalty Efficiency 8

Harvard Business Review

JUNE 6, 2012

This is even more critical for an organization like NASA that has many high-risk projects and an ever-shrinking budget; Have active executive project sponsors; and. Maintain a constant focus on talent development for their teams and, in particular, their project leaders. Continuing Talent Development.

Project 14

Project Survey Budgeting Conflict of Interest 14

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. The S-Team (senior leadership team) developed Amazon’s flywheel. Fortunately, Bezos gave you his plan, if you just know where to look.

Letter 88

Letter Collins Long-term Parcell 88

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.” Standardize customer data.

Credit Scoring 8

Credit Scoring Risk Management Finance Marketing 8

Harvard Business Review

JUNE 20, 2016

This is not surprising: Growing regulation, increased investor focus on governance issues, and scary new categories of corporate risk (e.g. The understandable growth of risk management functions and their ascendancy in influencing strategy is important, but only part of the story here.

Benchmarking 10

Benchmarking Company Short-term Long-term 10

Harvard Business Review

AUGUST 20, 2013

Adoption risk: Adopting technologies or responding to market, business, and technology trends too quickly or too slowly; reactively or over thought, without considering how non-technical implications or unintended consequences contribute adoption risk. Fear of failing means many choose to do nothing.

Dunning 8

Dunning Project CTO Innovation 8

Harvard Business Review

DECEMBER 5, 2017

For instance, take the method of gamification: one could supplement a cybersecurity presentation with a game of spotting suspicious activity, which compels employees to develop responsive skills. Therefore, training should be augmented by constantly updating technology, which has now evolved to detect errant behavior.

Company 8

Company Training Content Technology 8

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

FEBRUARY 29, 2012

This idea of prospect theory, developed by Tversky and Kahneman and reported in a classic 1979 article (for which the Nobel prize was awarded) demonstrated that individuals do not make decisions rationally by selecting options with the highest expected value, because they are risk-averse and 'losses loom larger than gains.'.

Kahneman 14

Kahneman Tversky Company Innovation 14

Harvard Business Review

JANUARY 26, 2015

Then one of the engineering executives, a fracking enthusiast and unconventional extraction technologies champion, spoke up. ” That’s not cynicism; that’s savvy risk management. What customer would matter most in five years? The wide-ranging English/Russian debate raged for 20 minutes. Insight Center.

Disruptive Innovation 8

Disruptive Innovation Levitt Tourism Incentives 8

Harvard Business Review

AUGUST 5, 2015

Experience: Buyers use a solution, increasingly in pilots or proof of concepts, and develop perceptions about its value based on that usage. For example, note that in the second figure above customer references are a close second in terms of influence, and the nature of references has changed.

B2B 8

B2B AIDA AIDAS Disintermediation 8