Harvard Business Review

JUNE 8, 2018

The CEO’s principal aim therefore is not necessarily to judiciously allocate financial capital but to allocate precious scientific and human resources to the most promising projects and to pull back and redeploy those resources in a timely manner when the prospects of specific projects dim.

Report 8

Report GAAP Net Present Value CFO 8

Harvard Business Review

MAY 26, 2016

Traditional mass manufacturing is based on principles of “Scientific Management” that date back to the 19th century. Managers hold virtually all decision-making authority. Here’s a simplified description of the difference between the two approaches. Workers specialize in simple, highly routinized operations.

Lean Manufacturing 9

Lean Manufacturing Supply Chain Apparel Compliance 9

Harvard Business Review

MARCH 14, 2017

After extensive assessment, they settled on two initiatives: realigning incentives for employees and systematically introducing outside talent and practices. Roivant’s first response was to address misaligned incentives.

Innovation 9

Innovation Company Incentives Industry 9

Harvard Business Review

OCTOBER 20, 2011

DuPont sent Donaldson Brown, a promising engineer-turned-finance staffer, to Detroit to sort things out, and sort them out he did. Financial managers, supported by their bankers, increased their debt-to-equity ratios until capital requirements were imposed—oops, we mean until there was a catastrophic financial crash and a depression.

ROE 12

ROE Debt to Equity Ratio Innovation Incentives 12

Harvard Business Review

MARCH 30, 2017

In 1980, Jim Baron, now a professor at the Yale School of Management, and William Bielby, now a professor at the University of Illinois, published a seminal article on firms and inequality. What if we changed some of those incentives? Presently, many U.S.

Marketing 8

Marketing Short-term Incentives Long-term 8

Harvard Business Review

DECEMBER 21, 2011

My team would have people with deep functional knowledge and skills (strategy, sales, marketing, finance, and information technology) to align surrounding processes. The issue I see is that HR management spends a lot of time on the transactions it must oversee (paychecks, health insurance claims, etc.), These are "people skills.".

Six Sigma 14

Six Sigma Skills Team Compliance 14

Harvard Business Review

AUGUST 5, 2014

To stitch it all together meaningfully, CMOs are increasingly expected to act as general managers with P&L or shared/shadow P&L responsibility that drive revenue growth. That helped account managers focus their pitch on the client’s business issues and build rapport. That bottom line sensibility is crucial.

P&L 10

P&L Banking Marketing Call Center 10

Harvard Business Review

JUNE 26, 2018

To start, innovation must be recognized as a permanent function of a successful company, just like other business functions such as accounting, operations, sales, and finance. Companies need to institutionalize innovation rather than expect it to simply flow forth from intrapreneurs operating within existing structures.

Incubator 8

Incubator Innovation Strategic Planning Human Resources 8

Harvard Business Review

MARCH 15, 2017

The genetic testing in question would be financed as an administrative cost, rather than as a regular medical claim, and would be for the benefit of the employer, not to inform the confidential doctor-patient relationship. If employers can manage employee risk, the conventional wisdom goes, they can save money.

Insurance 9

Insurance Committee Power Cost 9

Harvard Business Review

JANUARY 11, 2017

For example, we foresee professional service firms, such as accounting, law, and consulting, using increasingly complex artificial intelligence models to perform audits, analyze legal parameters, and provide management consulting services. trillion and $400 billion in capital and R&D expenditures, respectively.

Skills 8

Skills Engineering Telecommunications Incentives 8