Remove Finance Remove Operations Remove P&L Remove Succession
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The Big Picture of Business – The Book of Acronyms

Strategy Driven

As a Big Picture business strategist, I encourage clients toward adopting new ways of thinking about old processes, including those which brought past and enduring successes. Successful enough to grow, pay its dues and continue growing. The best successes are earned and learned. It is to be just: Committed to customers.

P&L 56
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Do You Need a Formal Degree, or Will a MOOC Do?

Harvard Business Review

Formal degree programs excel at general education: an MBA, for instance, gives you a little bit of everything you might need as a leader, from finance to marketing to operations. Within a day, Chang received an offer to apprentice with famed toque Lydia Shire, setting herself up for future success.

P&L 8
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4 Ways Leaders Can Get More from Their Company’s Innovation Efforts

Harvard Business Review

It’s hard to imagine that a success rate that low would be tolerated in any other business function. Another pervasive reason is that senior executives are trained as operators, not innovators. And there’s a fundamental conflict between innovation and optimizing an existing operation. That’s quite a mismatch.

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Making Matrix Organizations Actually Work

Harvard Business Review

For example, the French global energy player ENGIE recently tilted its primary dimension from product (such as power, services, and infrastructure) toward region in order to better serve its clients in the territories in which it operates. But such reorgs don’t make silos go away — they just create new ones. One man or woman.

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You Can't Impress Stock Analysts.and Shouldn't Try

Harvard Business Review

keep hearing from top executives at large, profitable companies that they're under "P&L pressure." Since they wouldn't know that the companies had set and missed growth targets, they'd declare them very successful. It's a strategic and operational straight-jacket. But not the analysts.

GAAP 8