HR Digest

OCTOBER 17, 2020

At this moment, most organizations are focused on helping their customers and employees with immediate safety and security needs, recognizing the immediate short-term financial impact on their end goals. These key areas include: Manage operations with minimal loss and disruption to daily business flow.

Short-term 52

Short-term Committee Incentives Long-term 52

Harvard Business Review

AUGUST 28, 2017

And AI success stories are becoming more numerous and diverse, from Amazon reaping operational efficiencies using its AI-powered Kiva warehouse robots, to GE keeping its industrial equipment running by leveraging AI for predictive maintenance. And we expect at least a portion of current AI piloters to fully integrate AI in the near term.

Survey 11

Survey Execution First-mover Advantage Technology 11

Strategy Driven

NOVEMBER 10, 2010

While that has long been considered traditional retirement age, Boomers are known for bucking the system. Consider this: a survey of America’s utilities (your local gas and electric company) found that 40 to 50 percent of workers in key positions will become eligible to retire or are expected to leave in the next five years.

How To 72

How To Tacit Knowledge Intellectual Capital Newsletter 72

Harvard Business Review

JULY 17, 2017

Closing this gap requires much more than short-term fixes, like adopting new technologies. Businesses need to organize around long-term strategies for growth and partnership in a sustainable way. The current innovation model in the finance sector is designed to generate the highest possible short-term returns.

Industry 12

Industry Short-term Planning Long-term 12

Harvard Business Review

OCTOBER 25, 2018

We base this claim about HR’s digital skills gap on the results of our latest global leadership survey. Co-produced by our three organizations, the survey gauged nearly 28,000 business leaders across industries about the state and trajectory of leadership.

Skills 13

Skills Survey Technology Strategic Planning 13

Harvard Business Review

AUGUST 5, 2016

Under this financing structure, the company contracts to buy kilowatts, not the turbines and panels. Second, signing long-term power agreements for 15 to 20 years is hard for any company to swallow, and they often struggle with how to handle the accounting (is the contract a lease? Get early buy-in. Use cross-functional teams.

Energy 8

Energy Industry Finance CFO 8

Harvard Business Review

NOVEMBER 25, 2013

Just 36 percent of CMOs, for example, have quantitatively proven the short-term impact of marketing spend, according to the 2013 CMO Survey (and for demonstrating long-term impact, that figure drops to 32 percent). This lack of an analytical approach has traditionally formed a barrier between marketing and finance.

CFO 8

CFO Short-term Long-term Benchmarking 8

Harvard Business Review

SEPTEMBER 15, 2017

Conventional wisdom is that CEOs buy back stock to manipulate the short-term stock price. They fund the buyback by cutting investment, and so firm value suffers in the long-term. But these claims are very rarely backed up by large-scale evidence, and often driven by a misunderstanding of how buybacks actually operate.

Short-term 8

Short-term Long-term Intangible Assets Rate of Return 8

Harvard Business Review

NOVEMBER 23, 2016

To better understand businesses’ financial preparation for and management of disasters, my colleagues and I partnered with the Federal Reserve Bank of New York to survey firms in the New York area one year after Hurricane Sandy. Firms applied for credit to finance recovery. Our data include about 950 businesses.

Insurance 8

Insurance Risk Management Finance Supply Chain 8

HR Digest

MAY 6, 2024

Consolidated HR Operations What is an HRIS? An HRIS consolidates HR data and processes in one place, enabling cost savings and streamlined operations compared to using disparate tools. Communication and Feedback HRIS systems facilitate communication and feedback through features such as company announcements and employee surveys.

Human Resources 52

Human Resources System Information Resources 52

Harvard Business Review

DECEMBER 17, 2015

This comes at a significant financial and productivity cost to all organizations, as demonstrated by research in corporate settings : Onboarding an external hire can cost up to twice the departing executive’s salary, and the time it takes for an external hire to become productive is twice as long as for someone hired from within.

Development 8

Development Mentor COO CFO 8

Harvard Business Review

MARCH 22, 2018

.” The possibility of employee misconduct—the potential for behaviors or business practices that are illegal, unethical, or contrary to a firm’s stated values, policies, and procedures—is a form of risk just like liquidity risk or operational risk. Investments in cultural capital is one way to reduce that risk.

Company 11

Company Banking Incentives Human Capital 11

Harvard Business Review

APRIL 24, 2017

At the other end of this dimension is the broader context, where politics operates at the organizational level. In these circumstances, informal networks can be a countervailing force to legitimate power and the long-term interests of the organization. These can evolve into group-level behaviors. The High Ground.

Politics 14

Politics Bureaucracy Long-term Short-term 14

Harvard Business Review

NOVEMBER 23, 2016

Major change also takes a long time to implement — between five and seven years on average — and the performance improvements that are achieved rarely last. Within a few years, we had dramatically turned around the organization’s finances, performance measures, and market share.

Health Care 8

Health Care How To Operations Quality 8

Harvard Business Review

APRIL 26, 2017

In a recent survey from Javelin Research, 56% of SMEs indicated a desire for better digital banking tools. In a separate, forthcoming survey conducted by Oliver Wyman and Fundera (where one of us works), over 60% of small business owners indicated that they would prefer to apply for loans entirely online.

Banking 11

Banking Stage-Gate Credit Scoring Competitive Advantage 11

Harvard Business Review

SEPTEMBER 11, 2017

Instead of having a committee vet ideas, they need a process that operates with speed and urgency , and that helps innovators and other stakeholders to curate and prioritize problems, ideas, and technologies. It also requires that they think through compatibility, scalability and deployment long before this gets presented to engineering.

Process 13

Process Innovation Incubator Committee 13

Harvard Business Review

FEBRUARY 7, 2017

Companies deliver superior results when executives manage for long-term value creation and resist pressure from analysts and investors to focus excessively on meeting Wall Street’s quarterly earnings expectations. This has long seemed intuitively true to us. Who are these overachievers and how did we identify them?

Long-term 8

Long-term EPS Short-term Management 8

Harvard Business Review

FEBRUARY 15, 2013

And a great potential source of talent with the right skills are professionals who change career lanes — people with experience and training in accounting, finance, human resources and strategy who leave corporate jobs to follow their passion to have a social impact. About 75% come from the private sector.

Chief Operating Officer 8

Chief Operating Officer How To Airlines Long-term 8

Harvard Business Review

AUGUST 31, 2018

They were employed in midlevel to upper-midlevel management positions in strategy, finance, marketing, legal, operations, and technology functions. These situations involved complex assignments focusing on strategy, product development, business operations, and financial management. Too often, their ambitions are thwarted.

Management 13

Management Tacit Knowledge Diversity Leadership Pipeline 13

Harvard Business Review

NOVEMBER 6, 2014

In this worldview, disasters only happen because the rules of the game in which the businesses operate must be flawed. In the aftermath of Dick Fuld’s refusal to agree with the terms proposed by the government to help bail it out, his net worth was estimated to have collapsed from close to $1 billion to about $100 million.

Management 8

Management Crisis Porter Credit Rating 8

Harvard Business Review

NOVEMBER 6, 2014

In this worldview, disasters only happen because the rules of the game in which the businesses operate must be flawed. In the aftermath of Dick Fuld’s refusal to agree with the terms proposed by the government to help bail it out, his net worth was estimated to have collapsed from close to $1 billion to about $100 million.

Management 8

Management Crisis Porter Credit Rating 8

Harvard Business Review

MAY 23, 2017

This model doesn’t leave patient choice to chance; it’s hardwired into clinical operations. For these people, hospice is just another emergency service tacked onto the end of a long siege of hospital treatment. Indeed, three-quarters of physicians surveyed about AIM agreed that “the program decreased my workload.”

Health Care 9

Health Care Sharpe Document Cost 9

Harvard Business Review

OCTOBER 30, 2018

Now, a number of other hospitals and long-term care organizations in the Netherlands have started playing the card game too. We conducted interviews with staff members in the hospital, nursing home, and rehabilitation center, and conducted an informal survey after the initial exercise.).

Health Care 8

Health Care Stress Morale Airlines 8

Harvard Business Review

SEPTEMBER 22, 2011

In most larger companies, you'll need to generate roughly 200+ responses per operating unit per period. People who respond to your surveys probably differ in important ways from those who don't. Your CFO and finance team can take a leadership role here. Is your data set sufficient to reduce statistical variation? Don't do that!

Incentives 10

Incentives Sample Customer Loyalty Metrics 10

Harvard Business Review

MAY 14, 2015

California has such a program , financed through the state’s disability insurance program. Businesses report that the law had minimal impact on operations and either a positive effect or no noticeable effect on productivity and profits. Small businesses were even less likely than larger companies to report any problems.

Policies 8

Policies COO PR Bottom-up 8

HR Digest

NOVEMBER 9, 2023

The Mercer QuickPulse US Compensation Planning Survey of August 2023 found that employers are planning a 3.9 Consider both immediate adjustments and long-term strategies for preventing future disparities. Survey questions can include a variety of angles such as: How satisfied are you with your current compensation package?

System 52

System How To Benchmarking Diversity 52

Harvard Business Review

OCTOBER 9, 2015

Surveys consistently demonstrate that patients prioritize both the interpersonal attributes of their providers and their individual relationships with providers above all else. SCF’s focus on relationships is mirrored in its approach to finance. Relationships may be the key. Doctors also ascribe great value to relationships.

Health Care 8

Health Care Cost Kaplan Porter 8

Harvard Business Review

JUNE 17, 2015

Yet wanting to be closer with customers, and knowing what actual, operational pathways to take in order to achieve this are two very different things. The Future of Operations. “We’ve moved from ad hoc day-to-day product planning to the deployment of a long-term disciplined approach supported by purposeful metrics.”

Productivity 8

Productivity Products Customer Intimacy Software 8

N2Growth Blog

JANUARY 18, 2011

It’s also a reminder that leadership, ultimately, is a spiritual practice (whether or not one chooses to put it in religious terms). I wonder if there’s a good survey out there I could use to get feedback from my team. As far as a survey goes you have several options available to you.

Leadership 420

Leadership CEO Blog Learning-by-Doing 420

Harvard Business Review

SEPTEMBER 27, 2016

But what does it mean, in terms of daily tasks, to be the company’s top “executer?” Our surveys, research and extensive interviews suggest that this sense of mission fades first and fastest at the upper and middle layers of the company as they become diluted with professional managers. This is poppycock.

CEO 8

CEO Class Chief Executive Officer Strategy 8

Harvard Business Review

FEBRUARY 24, 2011

He wants to attract intelligent investors who desire a long-term investment in a business they can understand and follows policies they support. Gain accounting advantage : Buffett reports on the performance of his operating businesses by grouping them according to similar balance sheet and income statement characteristics.

Letter 15

Letter P&L Net Present Value Insurance 15

N2Growth Blog

SEPTEMBER 19, 2010

Another benefit is that much of the content produced in this medium is not from the typical industry pundits, but rather true “in the trenches” thought leaders that see things coming long before journalists report it in the news, or the so-called gurus publish it in their latest book. Have you found that to be true also?

Blog 419

Blog Open-book Library Learning-by-Doing 419

Harvard Business Review

OCTOBER 23, 2018

firms have long had a simple mantra: “Invent here, manufacture there.” In a recent survey of 369 manufacturers , researchers found that across a range of fields U.S. government has a long history of strengthening innovation through a combination of R&D and strategic procurement (think both aviation and internet).

Innovation 10

Innovation Offshoring Engineering Automotive 10

Harvard Business Review

AUGUST 21, 2017

It wasn’t until I moved to Paris in 1997 to become Finance Manager for Disney Consumer Products Europe, Middle East, and Africa that I experienced someone setting a non-negotiable boundary for herself. A 2017 survey by Kronos and Future Workplace , reveals that the restructuring of work has resulted in significant burnout.

Team 12

Team Conference Restructuring McKinsey 12

Harvard Business Review

OCTOBER 17, 2017

Although telemedicine has yet to be widely implemented in pediatrics, a recent survey by Nemours Children’s Health System suggests that there’s a growing desire for using it among caregivers. Experimentation will be needed to determine how such holistic pediatric-care programs can best achieve long-term return on investment.

Health Care 10

Health Care Metrics Efficiency Absenteeism 10

Miles Anthony Smith

NOVEMBER 7, 2019

It has a lower cost-per-lead-acquisition than paid traffic when viewed over the long-term (2+ years). Neil Patel Neil provides constant value to his readers through amazing long-form content with tons of strategy built into every post. You must commit to the long-run and be willing to experiment, measure, and adjust as needed.

Marketing 105

Marketing Content Audience Brand 105

Harvard Business Review

DECEMBER 5, 2016

When he was 16, Javier Agüera (now 24) co-invented the Geeksphone, which claimed to be the first Android-powered handset that allows the user to modify operating system components without having to root the device first. Because he was a teenager. ” They’re also not allowed to borrow money or sign commercial contracts.

Entrepreneur 8

Entrepreneur Education Project Technology 8