article thumbnail

Strategy as a Problem Solving Process

Strategy Driven

“The old paradigm of strategy departments and planning cycles has been overthrown by agile and rapid team-based problem solving, providing better solutions and better organization alignment to implement.” But what does it mean to adopt agile and rapid team-based problem solving, where strategy becomes a problem solving process?

Process 71
article thumbnail

Making Diversity Central to Success: Q&A With Chevron’s Chief Diversity Officer

HR Digest

MARC is focused on empowering male executives and leaders to model inclusive behavior, influence more equitable talent management systems and processes, and build effective partnerships across gender. Efforts to bring more diversity to the oil and gas industry are working. What spurred your interest and passion for the topic?

Diversity 107
Insiders

Sign Up for our Newsletter

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

article thumbnail

How Demand Forecasting Can Boost Business Efficiency

Strategy Driven

Macro Demand Forecasting: The “big picture” demand forecasting technique that looks ahead at broader market conditions to help plan a business’s overarching strategies. Active Demand Forecasting: A more intensive technique used to evaluate how aggressive plans for expansion and scaling will interact with consumer demand.

article thumbnail

The 3 Ways Work Can Be Automated

Harvard Business Review

As business leaders and managers, we have become increasingly capable of engaging a workforce that is some combination of virtual and on site, part time and full time, permanent and contingent. Management oversees the entire fulfillment process, including the work interactions between robots and humans.

article thumbnail

From Zipcar to the Sharing Economy

Harvard Business Review

However, although their members can rent the (more urbane and green) Zipcar fleet by the hour and pick up their vehicle at a local parking space using a smartphone app, this is still a dedicated fleet, still inventory that the company has to acquire, manage and monetize.

article thumbnail

A Brief History of Blockchain

Harvard Business Review

To manage this without compromising the legendary security and robustness of blockchain is a difficult problem, but not an intractable one. International currency transfers will go from taking days to an hour, and then to a few minutes, with a higher degree of reliability than the current system has been able to manage.

article thumbnail

The Fight Over Tesla Shows How Little Value Dealerships Add

Harvard Business Review

In disaggregated markets with many sellers and buyers and where search costs are high, intermediaries provide considerable value. Auto industry Innovation Strategy' Beyond finding the right seller, an intermediary might help match the buyer to the best product for her, providing important guidance and product information.