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Leadership: A Global Perspective

N2Growth Blog

This fall, I embarked on a worldwide quest to gain insights and perspectives on global leadership in the 21st century. Opening your mind to global perspectives can inspire you to improve yourself and the people around you too.

How Can the Travel Industry Overcome the Impact of COVID?

Strategy Driven

One of the hardest hit industries during the coronavirus pandemic has been travel and tourism. So far the industry has lot the benefit of the two bank holidays in May and a lot of the school half term periods as well. What are the best solutions for the travel industry?

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Why Enterprise Resource Planning Systems Work

Lead Change Blog

Enterprise resource planning (ERP) is a billion dollar business for good reason. This business process management software makes it easier to manage a complex business because integrated applications help automate a number of back office functions and coordinate all operations. An ERP management information system integrates areas such as planning, purchasing, inventory, sales, marketing, finance and human resource.

Tips to Create A Global Recruitment Strategy for Your Business

Strategy Driven

In addition, companies that operate on a global level, especially multinationals and transnationals, have turned to better, more effective ways of hiring. Here are some tips to assist you in creating a ground plan for international recruitment.

28 Leadership Development Recommendations for your Individual Development Plan

Great Leadership By Dan

For this month’s edition, I asked an all-star cadre of leadership development bloggers, authors, and consultants to submit an answer to the following question: “We all know that individual development plans (IDPs) need to be tailored for each leader. Chris Edmonds , from Driving Results Through Culture , says that every leader needs to have " Serve my employees " as their #1 target in their individual development plan.

Taking a Look at the Future of Oil and Gas Industry

Strategy Driven

What is to come in the future of oil and gas industry? They will continue to propel global travel and commerce. The industry will harness the power of growth catalysts to stay ahead of the curve. Technology also gives the oil and gas industry a chance to wash its face.

StrategyDriven Advisory Services helps businesses become more operationally effective

Strategy Driven

StrategyDriven Enterprises, LLC launches StrategyDriven Advisory Services, a management consulting firm dedicated to helping executives and managers define organizational needs and develop and manage the complex, mission critical projects needed to improve operational effectiveness and lower costs in response to today’s most pressing challenges. Its seasoned advisors are supported by a collection of tools and methods specifically tailored to the unique needs of each client’s industry.

All Hail Medium-Term Planning

Harvard Business

Many also have ornate strategic plans that stretch over the long term, as surefooted in their predictions as a communist state’s five-year plan. The private equity industry has a clear understanding of the importance of the medium term. The beauty of the PE industry model is that it does not succumb to the travails of the short term or the dreams of the future. Strategic planning Operations Digital Article

The Ins and Outs of Doing Business with International Clients

Strategy Driven

The businesses that thrive in today’s economy are the ones that think globally from day one. The world is full of opportunities for ambitious businesses willing to take risks, and operating as an export-driven company can help you grow exponentially faster than staying put.

Planning Doesn’t Have to Be the Enemy of Agile

Harvard Business

Planning has long been one of the cornerstones of management. Early in the twentieth century Henri Fayol identified the job of managers as to plan, organize, command, coordinate, and control. The capacity and willingness of managers to plan developed throughout the century. The future could be planned. This was the capitalist equivalent of the Communist system’s five-year plans. Later, MBO evolved into strategic planning. Jon Feingersh/Getty Images.

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3 Reasons Global Firms Should Keep Investing in India

Harvard Business

While India remains a formidably challenging market, there are at least three reasons why global firms cannot overlook India without consequences. India plans to catalyze $200-300 billion of new investment in renewable energy infrastructure over the next decade. Industrial companies like JCB, Cummins, AECOM, General Electric and investors like Brookfield have successfully capitalized on India’s infrastructure investments. boris sv/Getty Images.

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German Manufacturing Is Leading a Digital Industrial Revolution

Harvard Business

Now, they are pioneering a new phase of global digital manufacturing that will transform the key processes surrounding the manufacturing of everything from automobiles to trains, planes, machinery, and even kitchens. Operations in a Connected World. Sales to delivery : By relying more on big data demand forecasting techniques now being pioneered by German manufacturers, we estimate that manufacturers globally could boost their margins by $600 billion over the next 14 years.

Germany’s Midsize Manufacturers Outperform Its Industrial Giants

Harvard Business

The 300,000 companies in the association’s data set have more than doubled their profits from operations over the past 13 years, outpacing their corporate counterparts in the country. Germany is ranked fourth in the global economy, but it’s home to only 28 companies in the Fortune 500. They possess an extreme focus on the wishes of global customers. These businesses are quite vulnerable when there are no succession plans for the next generation.

Harness Talent Mobility

Skip Prichard

To help more workers thrive, and to make organizations more agile and efficient, we must understand these changes as they are occurring and redesign both business operating systems and our contract for work in America. Workers must plan for it in their careers. Maximize Talent.

Executive Hiring For a P.E. Portfolio Company – Tangential Opportunity

N2Growth Blog

Both are high-volume capital intense process industries. . Direct Industry Experience: Running in a close second place to past portfolio company experience, which I addressed in part two, is the importance of direct industry sector knowledge and expertise.

Innovation Isn't Tied to Size, but to Operating Rules

Harvard Business Review

That is hard no matter what size you are, no matter what industry you're in. If we're to actually get better at innovation, we need to understand the operating conditions that lead to it and move past the bigotry and biases. To do so, let's look at two distinguished firms side by side to see how innovation is entirely independent of size and more a function of different operating rules. In truth, strategies change, market moves happen, and industries change.

Why Interconnectedness Matters for Industrial Companies

Harvard Business Review

The convergence of the digital and the physical in the industrial world is a profound transformation that is far from fully appreciated. In a similar way, a company producing interconnected industrial devices becomes a fundamentally different company. In a similar way, industrial companies that combine the digital and the physical open entirely new dimensions in the way they operate and in the value they can provide to customers and shareholders.

CPG Hiring Trends

N2Growth Blog

How common is it for CPGs to hire for key positions outside the industry? It is becoming increasingly common for CPGs to hire critical positions outside the industry. The ability to “think small and local” must be balanced with the global vision of a large CPG company.

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The Big Picture of Business – Quality is Important for Business: Real Quality vs. Arbitrary Metrics

Strategy Driven

It applies to service industries and manufacturing operations. Thinking that quality needs apply to some other department, company or industry, not your own. Lack of attentiveness to quality has cost the United States its global marketplace dominance. The 1970′s brought the first wave of strategic planning. The quality audit by objective outside communications counsel can also examine the production, marketing and strategic planning functions.

2020 Top CHRO List – The People Leaders To Watch

N2Growth Blog

We find ourselves amidst the challenges of living and working in a triple-threat world of a global pandemic, economic instability, and political unrest. Impact on their industry and in the broader communities they serve.

Creating Strategic Roadmaps for the Future: Dawn Jones

HR Digest

It is more important than ever to prioritize our employees and ensure we are fostering a culture of inclusion globally. The Alliance for Global Inclusion: In 2021, Intel, in partnership with Dell, NTT DATA, and Snap Inc.

The Best Global Leaders are Local Leaders

Harvard Business Review

Technology and globalization have made commerce a far more level playing field than it was many decades ago. From business schools to boardrooms, building global leaders has been identified as a crucial factor for organizational growth. Being globally-focused is now a prerequisite for survival. Being a global leader today goes beyond having a "global strategy." Coca-Cola is an iconic global brand, and yet, it is the most successful local "Nigerian brand."

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The Mining Industry's Isolation Myth

Harvard Business Review

You can have a broad and progressive perspective on stakeholders (most senior executives I know have such a perspective) and still embrace isolation as the default paradigm for planning, building, and operating a mine or oil and gas operation. Operating in isolation from worker aspirations will defer the problem but, ultimately, exacerbate it (and with asset life spans in the decades, "ultimately" is a time frame that matters). Global business Strategy

Executive Hiring For a P.E. Portfolio Company – Ideals and Compromise

N2Growth Blog

Topping the list of experiences is a thorough understanding of your marketplace; most often, your candidate will have previously operated as a senior leader within a relevant sector. Have they ever prepared a master plan primarily by themselves?

The Big Picture of Business – Doing Your Best Work on Deadlines: Mobilizing the Energy for Best Business Success

Strategy Driven

Trees with thicker bases and deeper roots will sprout greener (be profitable), shed less often (fewer corporate flaws) and live longer (dominate its industry). The Beatles topped that by composing All You Need is Love while they performed it on a global telecast. I’m a big advocate of Strategic Planning and Visioning. I know from experience that planning while going through the “alligators” is the most effective way to conduct the process.

A Look Inside Lockheed Martin’s Space-Age Operations

Harvard Business Review

At Lockheed Martin Space Systems Company, we have the privilege of working for ambitious customers; their plans include missions to Mars, examinations of asteroids, and scientific explorations that push ever deeper into the solar system. And, especially in recent years, as prolonged global economic challenges have rippled through the aerospace industry, we also need to make those technologies more affordable. Before, ideas and plans for space vehicles took shape on paper.

Why Kaiser Permanente Is Integrating Sustainability into Health Care Operations

Harvard Business Review

This health care leader is showing how an authentic, mission-driven connection to global issues can drive change. KP is not a minor player in a health care industry that accounts for 16% of U.S. With $44 billion in revenues, KP runs hospitals, clinics and health plans, serving more than 9 million members in nine states (and Washington, DC). Kaiser Permanente (KP), one of the largest health care providers in America, has a clear mission: improve health.

How Revolutionary Changes are Occurring in Automation Technology

Strategy Driven

The demand for efficiency and precision control of operations of automated machines and workflow is on a steady rise. In today’s business world, to sustain and achieve targets to grow your business needs efficiency in your daily operations.

The Disconnect that Keeps Your Company from Performing at its Peak

Strategy Driven

I have noticed that their story consistently repeats itself: their organizations are underperforming, and they want to discuss ways to optimize, share ideas and collaborate on experience that could help set up a plan to turn that situation around. Typically, Finance, Marketing, and Operations all have input, direct or indirect, on the creation and revision of the strategic plan. The plan, and its revenue targets are dictated to Sales.

The Global Banking Leaders of the Future

Harvard Business Review

The global banking industry faces two opposing truths. Recent headlines have been foreboding, highlighting concerns that the retrenchment could leave the most promising engines of global economic growth sputtering. A combination of healthy Western banks and the players operating in and around emerging markets are targeting opportunity beyond the euro zone crisis. Their movements could potentially create a new class of global banking leaders for the next decade.

Mexico Needs a Venture Capital Industry

Harvard Business Review

A recent study by the National Venture Capital Association and HIS Global Insight estimates that 11% of U.S. In Latin America, on the other hand, the VC industry is still nascent. The growing pains of the VC industry in Mexico, where I am based, are in two dimensions: on the fundraising side and on the investment side. Mexico is also still struggling to build a big enough base of local investors to sustain its VC industry.

Unify Your Global Company Through a Common Language

Harvard Business Review

One of the biggest challenges facing any company in global expansion mode is how to maintain swift and sure communication. operates in 13 countries, spanning a dozen languages. I''d need a standing army of translators to manage now, and my plan involves adding many more countries. At Rakuten we faced this challenge and have embraced a solution that not only improved our communication as a company, but it propelled us into the ranks of global expansion leadership.

Achieving the Best by Preparing for the Worst: Lessons Learned from High-Profile Crises, part 1 of 4

Strategy Driven

Trees with thicker bases and deeper roots will sprout greener (be profitable), shed less often (fewer corporate flaws) and live longer (dominate its industry). Some of those events that had profound impacts upon us recently (and which were covered in Chapters 2 and 3) included corporate fraud, accounting irregularities, earnings misstatements, hiding expenses, Enron, Arthur Andersen, the dot.com bubble burst, Worldcom, Tyco, Qwest, Imclone, Martha Stewart and Global Crossings.

Get Ready for the New Era of Global Manufacturing

Harvard Business Review

The global manufacturing sector is on the threshold of a dynamic new phase that will provide renewed opportunity for manufacturing firms — and a host of new challenges. We see two forces that will dominate global manufacturing in the coming decade. These forces will shift the dynamics of the global manufacturing sector. It is well known that China, India, and other developing economies in Asia and Latin America have been leading global growth.

At Multinationals, Country CEOs Should Be Both Local and Global

Harvard Business Review

If you're among the many multinational CEOs planning to appoint a local executive as your next country head in an emerging market such as Brazil, China, or India, you may want to think again. To deliver stellar performances, we believe that it's critical for leaders in emerging markets to fit into two ecosystems at the same time: The local market as well as the global corporation. That long stint earned him the trust of the global CEO, Bill Hickey, and his top management team.

Effective Strategies For Business Growth

Strategy Driven

There are many effective strategies for growing a business in any industry so consider any of the following when you are ready to take the next step. Updating to new tech can be costly, but it could have a significant impact on your company by streamlining the operation, automating specific tasks, reducing errors and improving the quality of the end product or service. No company can succeed without a talented, passionate and motivated workforce powering the operation.

Clout as Strategy and Why Companies Won't Admit It | In the CEO.

In the CEO Afterlife

Strategy is a plan of action designed to achieve a defined goal. According to licensing agreements and industry sources, Monsanto’s stranglehold on the genetically-engineered seed market in the United States and the world squeezes customers, limits competitors and provides staggering profits. billion in sales) provides huge economies of scale throughout the operation, especially in production, fixed overheads, distribution and marketing. Delight Global Snacks Consumers.

As Brexit Negotiations Start, Companies Need Contingency Plans

Harvard Business

Any company with substantial exposure to Brexit that hasn’t yet devised contingency plans to deal with a range of outcomes, including very bad ones, is about as far behind the curve as Britain’s current government seems to be right now. ” The Brexit-related factors that he cites include exchange rate movements, share price shifts following policy announcements, and the cost of shifting investment plans in the light of anticipated shifts in trade policy.

Starting a Business for the Post-Pandemic World

Strategy Driven

That is what everyone is saying as we are in the midst of a once in a generation global crisis. While some industries may face more frequent and drastic changes, every business needs to adapt sometimes. Some industries face change at a greater rate, but all industries change over time.

Peña Nieto's Plans for Mexico's Economy

Harvard Business Review

More than 50% of the country's exports come from manufacturing operations in free trade zones, and some claim that Mexico, like China, has become one of the world's manufacturing superpowers. The new laws should enable Mexico, one of the world's top 10 producers, to follow Brazil in developing a successful oil and gas industry in South America. Global businessMexico is the perfect dictatorship.

A Deep Dive into Space: A Conversation with Luis Campudoni About His Cross-Agency Apollo Leadership Experience

Experience to Lead

Where I am in my career right now, I’d like to pivot towards the space industry specifically. You know, I saw the different participants coming from backgrounds with a very specific space and operational domain. Head of Global Client Solutions, WDHB.

Amrop Adria: Dynamic Events Fuelled by CoachingOurselves

Coaching Ourselves

Amrop is a Leadership Advisory and Executive Search firm operating globally in 51 countries. It doesn’t matter their industry or their role, here you have peer support plus the additional skills and knowledge from the methodology and expert content.”.

6 Decisions That Could Impact the Success of Your Startup in Singapore

Strategy Driven

With the city-state having almost nonexistent corruption, high political stability, and world-leading innovation ecosystem, startups could hardly find a better country to base their operations.