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Improving Your Company Starts with You

Strategy Driven

Many of these things – and more – are described in detail in methodologies like lean and Six Sigma. Do You Understand Finances? Another aspect that many leaders can often stand to improve about themselves is their ability to handle finances.

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Ten Types of Organizational Change

Change Starts Here

Executing Strategy. Based on a recent history of poor results, a manufacturer defined a new strategy to turn around the financial performance of the company. The HR and finance groups within a university installed a new software system to automate tasks and have better information for decisions. Installing Systems.

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Balancing Push and Pull Approaches to Improvement

Harvard Business Review

These mandated-from-above programs include Lean Six Sigma initiatives with experts (" Belts ") in command, big IT implementations, and reengineering of major end-to-end processes. An executive in the company's finance operations adopted a Six Sigma belt-driven approach to reduce costs in the company's global shared service centers.

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Put HR Skills on Your Performance Improvement Team

Harvard Business Review

My team would have people with deep functional knowledge and skills (strategy, sales, marketing, finance, and information technology) to align surrounding processes. We bring everybody together in a work group and create an integrated strategy on how they'll work together.".

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Avoiding Catastrophic Failures in Process Improvement

Harvard Business Review

Strategy Maps " and " Hoshin Kanri " matrices are tools for showing how process improvements drive financial results. Engage the finance organization. Finance was on board at the company in our story. The system must be reviewed and validated by finance. What were the key mistakes that caused them to fail?

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Avoiding Catastrophic Failures in Process Improvement

First Friday Book Synopsis

Here is an excerpt from an article written by Brad Power for the Harvard Business Review‘s “The Conversation&# series. To read the complete article, check out the wealth of free resources, and sign up for a subscription to HBR email alerts, please click here. * * * Do you have a process improvement [.].

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Stop Focusing on Profitability and Go for Growth

Harvard Business Review

So, in real terms, debt financing is essentially free. The ready access to low-cost capital should change the way business leaders think about strategy, and in particular the relative value of improving profit margins versus accelerating growth. But when capital costs are low, the time value of money is low. Related Video.

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