HR Digest

MAY 23, 2021

The Covid-19 pandemic has been a great wake-up call for companies and their ability to manage change in the workplace. They include hiring additional staff, improving office tools and operating procedures. The pandemic has thrown up many examples of how some companies have handled the new challenges better than others.

Management 94

Management How To Retail Uncertainty 94

The Practical Leader

JUNE 14, 2023

With a sinking feeling, leaders watch a few organizations struggling up the cultural change road far above. Some organizations are confused and begin following the programs route without even realizing it. Too many of these initiatives have a limited scope and are disconnected from daily operations. The road empties into a bog.

Root Cause Analysis 52

Root Cause Analysis Mission Statement Travel Restructuring 52

Lead Change Blog

NOVEMBER 18, 2016

What added insult to her injury was that it was only a small portion (10%) of her staff members who were chewing up the majority of her time and energy. As leaders, we should be allowing the best of employee behaviors to drive the culture and operations, and not allowing negative behaviors to drag things down.

Succession 150

Succession Restructuring Training System 150

Tanveer Naseer

JANUARY 8, 2013

The following is a guest post by Employee Recognition Director at Hallmark Business Connections, Jonathan McClellan. Draft a provocative vision and values The operative word here being, “ provocative.” It requires the right people, passion and persistence – and not every company is up for that challenge. Let’s face it.

Strategy 276

Strategy Development Restructuring Learning-by-Doing 276

Strategy Driven

FEBRUARY 11, 2011

Editions to follow include: The Path to Coherence , part 2. Gerald Adolph is a New York-based Senior Partner with Booz & Company with a specialty in strategy and operations for technology-driven businesses. His work primarily focuses on assisting clients with growth strategy, new business development, and industry restructuring.

Restructuring 56

Restructuring Newsletter Strategy Technology 56

Strategy Driven

FEBRUARY 12, 2016

Be aware, however, that constant re-engineering, reorganization, and restructuring in pursuit of efficiency (or the latest management fad) has a questionable effect at best. Your company’s overall culture is made up of five building block cultures, each of which must be tended in order to yield the best results.

Succession 50

Succession Teamwork Restructuring Commitment 50

N2Growth Blog

SEPTEMBER 14, 2010

My clients range from early stage start-ups to corporate turnarounds to small businesses. I was stuck in the status quo, following the past rules – instead of challenging that same status quo that I wanted to write about. Plus I’m focusing on showing my working cow horse, Pearli Girl and then ski season is coming up.

Open-book 272

Open-book Greenleaf Blog Marketing 272

CO2

JUNE 29, 2010

We believe the strength of any team is in the followers and there can be no leaders without followers, but the vast majority of research to date has focused on the leadership side of this equation. Researchers have only recently given serious consideration to the topics of followers and followership.

Executive Coaching 129

Executive Coaching Execution Blog Self-aware 129

Harvard Business Review

AUGUST 9, 2016

The primary focus was on fixing the acquired firm through financial restructuring, dramatic cost cutting, and strategic slashing. In phase two (buy and hold), PE equity investors bought the fixer upper and repaired it, but then rented it and ended up loosely managing the house before selling it.

LBO 8

LBO Restructuring Real Estate Leveraged Buy-out 8

Harvard Business Review

JANUARY 30, 2017

Success in a sales force requires having strong talent up and down the organization. Although good at scaling and operating a sales organization, the leader was unable to succeed in a rapidly changing environment that needed experimentation and nimbleness. He had extensive market knowledge and a stellar track record.

Restructuring 8

Restructuring Health Care Self-aware Short-term 8

Harvard Business Review

SEPTEMBER 9, 2015

Consequently, although companies should cut costs now, they should be on the lookout for the quick rebound that is likely to follow. The essence of the phenomenon is the fact that each stage in the supply chain plans its capital projects and operations, including inventory levels, based on its future expectations. For example , U.S.

Supply Chain 8

Supply Chain Retail Crisis Operations 8

Harvard Business Review

SEPTEMBER 13, 2018

Why engage in a slow, painful planning exercise when you’re not even going to follow the plan? It restructured its operations in the Netherlands by reorganizing 3,500 employees into agile squads. The frustrations with current planning practices intersect with another fundamental managerial trend: organizational agility.

Agility 14

Agility Planning Fayol Strategic Planning 14

Harvard Business Review

SEPTEMBER 7, 2012

When the slowing economy caused sales to drop slightly the following year, the company started "gasping for cash," as Heffington put it. Heffington, working with Steve Curnutte, a restructuring advisor, realized that as new orders poured in, it became difficult to establish the true cost of fulfilling them.

Metrics 8

Metrics Working Capital Restructuring Banking 8

Harvard Business Review

MARCH 8, 2011

The corporate version of these decisions can be fixed up without much trouble. The solution is to show some humility and to consider restructuring things so that your actions have some checks and balances. Follow him on Twitter (@mauriceewing). Putting yourself at the center of too many big decisions may increase risks.

Strategy 14

Strategy Metrics Restructuring Finance 14

Harvard Business Review

MARCH 8, 2017

“Miners,” who maintain the Bitcoin blockchain, and “wallet providers,” who write the software people use to transact in Bitcoin, follow the rules without exception. It could help insure against risk, and by moving money in different ways could open up the possibility for different types of financial products.

Banking 18

Banking Media Decentralization Technology 18

Harvard Business Review

OCTOBER 4, 2017

Until recently, economists thought of this trend as a gradual phenomenon that didn’t depend much on the ups and downs of the economy. These patterns are consistent with a restructuring of labor demand towards these skills. production and operatives). Why might that have happened?

Skills 8

Skills Sample Technology Depreciation 8

Harvard Business Review

DECEMBER 7, 2015

Shift the emphasis from investment and exports to domestic consumption: Among the three components of the GDP equation, China used to follow a Soviet style investment-driven policy and take full use of its low labor cost to become the “world’s factory.”

Planning 8

Planning Policies GDP Health Care 8

Harvard Business Review

FEBRUARY 14, 2011

Although it is too early to tell if Tunisia and Egypt will prove the exceptions rather than the rule when it comes to dramatic political transitions in the Middle East, multinationals operating in the region have already faced significant losses. Lafarge , the French cement group, saw its share price fall four percent in one day.

Strategy 12

Strategy Politics Short-term Long-term 12

Harvard Business Review

JANUARY 29, 2018

For the latter, we measured incumbents’ operational efficiency, commitment to innovation, and defenses against attack. But companies in this state often face increasing pressure to improve efficiency and reduce operating costs in their legacy businesses, and this pressure attracts opportunistic disruptors.

Industry 8

Industry Fixed Assets Retail Market Penetration 8

Harvard Business Review

MAY 28, 2015

Much of the early work focused on the adoption rate of new technologies following an S-curve, with some users going early, a lot in the middle, and some following late. The Future of Operations. The latter are troublesome because the knowledge base and skills required to operate in the new realm are so fundamentally different.

Technology 8

Technology Depreciation Christensen Short-term 8

Harvard Business Review

FEBRUARY 2, 2016

In the end, whatever your industry and whatever your enterprise’s size, scaling up your distinctive capabilities is one of the most difficult and yet essential things you can do. We thought that creative, capability-rich companies would have paid a lot of attention to the way they organized and the value that restructuring gave them.

Development 8

Development Supply Chain Incentives Outsourcing 8

Harvard Business Review

JULY 17, 2018

Today’s young professionals grew up in an age of mind-boggling technological change, seeing the growth of the internet, the invention of the smartphone, and the development of machine-learning systems. For example, the original Google car found it hard to compute the context within which it was operating. Communication.

Skills 12

Skills Morale Ethics System 12

Harvard Business Review

SEPTEMBER 26, 2011

The profits follow." (By The conventional course of action would have been to cut investments in research and restructure. To my surprise, investors understood and approved of our decision: Merck's stock went up 2.9% the day we made the announcement and continued to rise in the following days. It is not for the profits.

CEO 15

CEO Short-term Long-term Restructuring 15

Harvard Business Review

NOVEMBER 10, 2015

Similar employee crowdsourcing efforts have been used to redefine company values (at IBM) and generate ideas for cutting operational costs (at BASF). When Pfizer undertook a major restructuring in 2007, they turned to ten employees to tell their stories. To offer camaraderie and space to process uncertainty. Next, convert your leaders.

Media 8

Media Management CEO Uncertainty 8

Harvard Business Review

JULY 17, 2015

Most corporations generate 80% to 90% of their profits from fewer than 20% of the brands they sell and many promising start-ups can fail to generate a profit for several years. Eventually, though, Radio Shack expanded into phones and computers for mainstream consumers and its downfall followed.

Brand 8

Brand Merchandising Retail Real Estate 8

Harvard Business Review

DECEMBER 20, 2012

But they can also give competitors an up-close-and-personal view into your employees' ideas and your company's product plans, as well as its relationships with customers or clients. An individual's list of LinkedIn connections or Twitter followers reveals his or her networks. Are You Giving up Power?

Company 8

Company Media Travel Tools 8

Harvard Business Review

SEPTEMBER 17, 2013

We think the most important barriers include the following: Providers are organized and reimbursed around what they do, rather than what patients need. Some high-value services are not reimbursed at all, such as follow-up telephone contact after hospitalizations or “virtual” or informal consultations that avert the need for an office visit.

Health Care 8

Health Care How To Cost System 8

Harvard Business Review

SEPTEMBER 20, 2016

Ram’s phone rang just as they walked through the door, and he held up the screen to show Shayam the caller name: Hari Shukla. But then Hari walked into his office and said he was leaving for “personal reasons,” only to turn up at a larger competitor: The Sustainable Impact Group.

Case Study 8

Case Study Real Estate Travel Consultative 8

Harvard Business Review

FEBRUARY 9, 2015

A condensed and edited version of our conversation follows. Can the private sector create a more inclusive economy or is it up to policymakers to solve the problem? Their answer to inequality and stagnant living standards is “inclusive prosperity,” an economic agenda centered around middle-class growth.

Class 8

Class Outsourcing Long-term Short-term 8

Harvard Business Review

NOVEMBER 19, 2013

Increasing creativity and innovation is not only on the priority list for start-ups; it’s also a strategic goal for CEOs of small, medium, and large-sized companies. Many companies, including Google, follow similar models today. It seems we’re all racing to get more entrepreneurial. He wanted them to be open to multiple methods.

Innovation 8

Innovation Company Entrepreneur Constraint 8