Strategy Driven

OCTOBER 16, 2013

We remained steadfastly committed to having all our staff from custodians, plumbers, and bus drivers to engineers, architects, and finance directors, trained in the culture we wanted to create and the culture we expected each of our people to honor. We were a mediocre, at best, institutional operation with a sense of entitlement.

Leadership 64

Leadership Training Peer Review Budgeting 64

Harvard Business Review

JUNE 7, 2017

Despite the company’s board recommendation that investors to vote against the proposal, a striking 62.2% The success of the proposal requesting increased disclosure by ExxonMobil suggests that we have reached a tipping point within the investment community in the recognition of climate risks.

Tips 8

Tips Supply Chain Proposal Decentralization 8

Harvard Business Review

MAY 22, 2018

The protests have already cost the CEO of Air France his job : He stepped down after workers rejected his proposal of a 7% wage increase over four years (unions want a 6% immediate increase). This is not particularly surprising for a country known for powerful unions and a strong attachment to social rights. GDP grew by 1.9%

Proposal 8

Proposal GDP Airlines Transportation 8

Harvard Business Review

DECEMBER 16, 2016

John Macomber, a senior lecturer in the finance unit at Harvard Business School, has studied infrastructure financing around the world. Further, thousands of municipalities and agencies still issue municipal bonds to finance water, power, road, and other projects that are largely self-funding or “bankable” projects.

Banking 8

Banking Objective Finance Proposal 8

Harvard Business Review

OCTOBER 28, 2013

But those impressive numbers may be eclipsed by a revolution in venture financing that is only being held back by final government approval: start-ups raising actual investment funds from individuals in exchange for equity or a share of profits. How big a deal is this “democratization” of finance? Last week, the U.S.

Disruptive Innovation 8

Disruptive Innovation Finance Venture Capitalist Supply Chain 8

Harvard Business Review

FEBRUARY 15, 2012

Usually, if you search, there are opportunities in your current job and at your current level to display your ability to drive change, even if you are in a support function like finance or human resources. Can you communicate a compelling case for change and enlist others to support you proposed innovation?

Innovation 15

Innovation Merchandising How To Proposal 15

Harvard Business Review

APRIL 6, 2011

As my consultant friend Chunka Mui proposed in a recent post at Forbes.com, the best way to make a big change is to "think big, start small, fail quickly, and scale fast." Engage the finance organization. Finance was on board at the company in our story. The system must be reviewed and validated by finance.

Process 15

Process Six Sigma Finance Short-term 15

Harvard Business Review

SEPTEMBER 13, 2012

An impatient marketing or finance manager would, on the sly, secure some extra budget money and hire a contractor to build a little database that tracked mailing addresses or top-line financials. Slowly but surely, as the little database grew bigger and bigger, the manager would wedge the cost into her operating budget. The result?

Supply Chain 15

Supply Chain CIO Budgeting Project 15

Harvard Business Review

APRIL 6, 2016

The latest nuclear reactor designs, promising higher safety, longer operating life, and lower operating costs, cost up to $25 billion after factoring in the huge budget overruns. The common idea behind these models is that the company does not have to be the (full) owner of the asset to be its (sole) operator.

Co-Opetition 8

Co-Opetition Operations Cost Technology 8

Harvard Business Review

JUNE 30, 2016

ZBB has been around for decades, but is currently enjoying a revival driven by powerful investors like 3G Capital Partners, the force behind the 2015 merger of Kraft Foods and H.J. In another company, commercial discounts was essentially a black box for the finance chief and CEO.

Zero Based Budgeting 9

Zero Based Budgeting Budgeting Supply Chain Company 9

Harvard Business Review

JUNE 29, 2012

It's not even about power and privilege, corruption and compromise. Now, let me couch this for you in the human terms of political economy — the terms in which you and I should rightly conceive of an "economy" as the sum of the enduring human good; not merely as a set of pipes for the grease of finance to be injected into.

Price 14

Price Short-term Proposal System 14

Harvard Business Review

JULY 26, 2018

” At the heart of this work is the concern that algorithms are often opaque, biased, and unaccountable tools being wielded in the interests of institutional power. How companies are using artificial intelligence in their business operations. So how worried should we be about the modern ascendance of algorithms? Insight Center.

Learning-by-Doing 8

Learning-by-Doing Policies Finance Follow-up 8

Harvard Business Review

JUNE 25, 2018

Management concepts, by contrast, operate in poorly regulated environments where failures are often brushed under boardroom or faculty carpets. To this end, if we reverse engineer today’s sustainability agenda, it is clear that a powerful element of its genetic code has been the Triple Bottom Line (variously rendered as TBL or 3PL).

TBL 11

TBL Bottom-up Long-term Early Adopters 11

Harvard Business Review

APRIL 10, 2012

In this case, specifically, what is the role of the government in leveling the international playing field for private companies, headquartered in market capitalism countries, which compete against new, powerful state-owned or supported corporations in systems of state capitalism? The Ex-Im Bank was formed in the 1930s to help finance U.S.

Banking 11

Banking Globalization Finance Politics 11

Harvard Business Review

DECEMBER 28, 2017

The situation stabilized somewhat after the government abandoned the Zimbabwean dollar in favor of a multi-currency system in 2009 and entered a power-sharing deal with the opposition party. The president also announced the indigenization ministry will be disbanded and the program scaled back.

Banking 8

Banking First-mover Advantage Politics Finance 8

Harvard Business Review

FEBRUARY 2, 2016

You’ll often find customer relationship management within marketing, budgeting within finance, supply-chain management within operations, outsourcing within procurement, training within HR, and new product development within R&D. Some of the first business functionaries were railroad telegraph operators who managed schedules.

Development 8

Development Supply Chain Incentives Outsourcing 8

Harvard Business Review

NOVEMBER 4, 2011

Her peers complained bitterly about her "my way or the highway" approach and often felt blindsided when they heard her present a proposed plan of action to senior management without having solicited their input. However, it was an understatement to say that Carla did not "suffer fools gladly."

Proposal 11

Proposal Cialdini Execution Influence 11

Harvard Business Review

MARCH 30, 2017

In aggregate, such dynamics would operate in a similar manner as unions, systematically raising the wages for low and middle earners relative to high-earners, such that the wage gaps between them are narrowed, thereby lowering wage inequality. There was also variation in whether these capital investments led to workforce reductions.

Marketing 8

Marketing Short-term Incentives Long-term 8

Harvard Business Review

NOVEMBER 23, 2016

In 2011, when I came to Centura Health in Colorado as President of its largest operating group (Mountains and North Denver Operating Group or MNDOG) and CEO of its flagship health organization, Saint Anthony Hospital, I saw a clear mandate for change. He proposed that we try something new. The feedback could be tough at times.

Health Care 8

Health Care How To Operations Quality 8

Harvard Business Review

NOVEMBER 25, 2013

This lack of an analytical approach has traditionally formed a barrier between marketing and finance. Creating transparency into its operations is the starting point for marketing to help CFOs understand where and how value is being gained or lost, which makes budgeting discussions much more productive. Ask for the CFO’s help.

CFO 8

CFO Short-term Long-term Benchmarking 8

Harvard Business Review

DECEMBER 17, 2015

Medicine is fraught with anachronistic administrative structures, as well as competing and redundant decision-making processes involving many stakeholders (the hospital, doctors, nurses, compliance, finance, and others) who often work in silos and have differing goals. The data were startling.

Health Care 8

Health Care Diversity Proposal Document 8

Harvard Business Review

MAY 1, 2018

We have written extensively on shareholder activism , and one of us coauthored a study in the Journal of Finance showing that, on average, activists produce value for targeted companies. One popular view of activists is that they are short-term, cut-and-run operators who are looking for a quick profit.

CEO 8

CEO Real Estate Long-term Short-term 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

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

APRIL 20, 2015

But in past weeks, it seems that the movie in Asia has been on fast-forward around global development and financing. Treasury securities; the world’s largest trading nation; the world’s largest e-commerce market; and the world’s largest economy in purchasing-power-parity terms. And once again, the U.S.

Banking 8

Banking Development Policies Globalization 8

Harvard Business Review

OCTOBER 23, 2018

According to a recent study , even when MIT-based hardware startups had access to the skills and financing needed for R&D and proof-of-concept work, they required additional capital, production capabilities, and lead customers that the U.S. Power to the people. Invest in hardware startups and scale-ups. Mind the Mittelstand.

Innovation 10

Innovation Offshoring Engineering Automotive 10

Harvard Business Review

OCTOBER 20, 2011

There is no more powerful question in a U.S. To an extent not widely recognized, it was an equation in the first place that gave ROE the power to dominate not just investment decisions, but an entire business culture. corporation than "what's the ROE on that?" Social media spending? Wellness checkups? Better working conditions?

ROE 12

ROE Debt to Equity Ratio Innovation Incentives 12

Harvard Business Review

JULY 31, 2015

Internal operational issues including execution, budgets, and deadlines are paramount in a company’s deliberation, but what other players will do is hardly ever in focus. Leadership is happy to ask that proposals and presentations be backed by “data.” A Simple Yet Powerful Suggestion.

Competitive Intelligence 8

Competitive Intelligence Company Drucker Review 8

Harvard Business Review

JUNE 17, 2015

This intensive customer focus has increased as technology-enabled transparency and online social media accelerate an inexorable flow of market power downstream from suppliers to customers. 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.

Productivity 8

Productivity Products Customer Intimacy Software 8

Harvard Business Review

MAY 17, 2016

I propose a risk-oriented framework for deciding when and how to allocate decision problems between humans and machine-based decision makers. Driverless cars, for example, operate in domains in which the physics is well understood. That’s surprising, given the high stakes involved.

Uncertainty 9

Uncertainty Simon Cost Long-term 9

Harvard Business Review

APRIL 9, 2015

“Introduce yourself, and take a little time to get to know people, how they operate, and how they act.” How to Negotiate with Someone More Powerful than You. We have to remember that they may be operating under constraints as well.” ” Case study #2: The power of the personal. Make small talk.

Supply Chain 8

Supply Chain How To Price Case Study 8

Harvard Business Review

DECEMBER 8, 2016

In Derek’s view, the subsidiaries already had far too much power. And although senior managers’ remuneration was tied to Contect’s overall sales and operating profits, the head office had relatively little control over the 30,000 projects the company had underway at any given time. But we’re a global company.

Case Study 8

Case Study Decentralization CFO Construction 8

N2Growth Blog

SEPTEMBER 19, 2010

As you pointed out, being a one-trick pony, while better than not reading at all, is not as powerful as purposeful reading across topics. The power of the written word to make a difference in this world by inspiring others is enormous. All they read is commercial offers, proposals, etc. They haven't read a book in years.

Blog 419

Blog Open-book Library Learning-by-Doing 419

Harvard Business Review

JANUARY 28, 2014

To drive home its mission, the board hired a famous architect to make the bank’s headquarters an environmental showcase, with prototype solar-power windows, a set of wind turbines, and a butterfly roof that channeled rain and meltwater into underground cisterns. Ethics Finance'

Case Study 8

Case Study Banking Ethics Guidelines 8

Harvard Business Review

NOVEMBER 13, 2017

Just imagine the operational demand if primary care providers also had to actively monitor their patients’ health data between office visits. Consider the power of mobile devices in such loops. The last thing that this group of providers desires is more responsibility.

Health Care 8

Health Care How To Insurance Incentives 8