Remove EBITDA Remove Environment Remove Operations Remove Technology
article thumbnail

Recommended Resources – An Interview with Paul Leinwand and Cesare Mainardi, authors of The Essential Advantage

Strategy Driven

Large downturns (such as this recession), technology disruptions, or regulatory shifts create discontinuities that simply accelerate the industry’s evolution toward this equilibrium state. Companies today operate in a business environment that encourages incoherence. The leading companies are getting out in front of this trend.

article thumbnail

Shape Strategy With Simple Rules, Not Complex Frameworks

Harvard Business Review

Managers in these organizations translate corporate objectives into a few straightforward guidelines that help employees make on-the-spot decisions and adapt to constantly shifting environments, while keeping the big picture in mind. It illustrates how simple rules can help companies shape strategy in an uncertain environment.

article thumbnail

The INs and OUTs of Business Literacy

HR Digest

An effective financial literacy program should clear concepts of finance and accounting in simple terms with examples that are relevant to the organization’s day-to-day operations. Joe Knight: Training, training, training, interactive, basic training on the three statements, financial ratios, and the changing financial environment.

Finance 63