First Friday Book Synopsis

JANUARY 7, 2015

Nick is the author of The Nature of Value: How to Invest in the Adaptive Economy (Columbia University Press 2014) and involved in a technical confidential project with one of the world’s largest global macroeconomic hedge funds. Meanwhile, […].

Hedge 70

Hedge Drucker Risk Management Media 70

CO2

JUNE 14, 2023

Imagine a scenario where you’re leading a complex project involving multiple stakeholders from different departments. However, this approach often leads to poor morale and disengagement and ultimately hinders progress on the project.

Leadership Development 60

Leadership Development Executive Coaching Development Leadership 60

N2Growth Blog

MARCH 10, 2011

Agility, innovation, disruption, fluidity, decisiveness, commitment, and above all else a bias toward action will lead to the creation of change. If your entity doesn’t innovate and change in accordance with market driven needs and demands it will fail…it’s just that simple. Be careful of high level, pie-in-the-sky projections.

Leadership 365

Leadership Competitive Advantage Due Diligence Short-term 365

Strategy Driven

NOVEMBER 16, 2022

You must market your business, provide timely customer service, innovate, hire and manage staff, and ensure your business is legally compliant. Getting surety bonds can help your business win contracts by guaranteeing that the project will be completed successfully and on time.

Bond 110

Bond Tips Insurance Compliance 110

Strategy Driven

MARCH 11, 2021

Maybe you would be more motivated if you were less prone to suffering harm from external risks. So, hire a risk consultant from a risk firm or do an internal risk management project that can address these issues. Thus, because they don’t get hit so hard, they don’t lose their motivation either.

Entrepreneur 65

Entrepreneur Motivation Industry Brand 65

The Horizons Tracker

DECEMBER 17, 2019

The most likely areas for such deployment is in customer service and risk management, with staff hoping to achieve greater efficiency and cost/time savings from their investment. Despite the general enthusiasm for AI however, many respondents reported significant hurdles to overcome in delivering successful projects.

Efficiency 59

Efficiency Technology Risk Management Project 59

Harvard Business Review

MAY 23, 2012

The recent disclosure of a multi-billion dollar trading loss at JPMorgan Chase reminds us again of the challenge and complexity of risk management, the subject of our June 2012 HBR article, "Managing Risks: A New Framework." Each requires customized risk management processes.

Risk Management 9

Risk Management CIO Management Banking 9

N2Growth Blog

OCTOBER 18, 2010

Decisions made at the gut instinct or data level can be made quickly, but offer a higher level of risk. Decisioning at the information level affords a higher degree of risk management, but are still not as safe as those decisions based upon actionable knowledge. I Think Not. mikemyatt: RT @janemyatt Their sacrifice.

Blog 409

Blog Analysis CEO Brand 409

N2Growth Blog

JANUARY 13, 2011

As a result of our conversation, I decided to dust-off an old post, give it a few updates, and pass along my thoughts, which can be best summarized as “ Ideas Don’t Equal Innovation. “ It is my hope to help dispel the myth that ideas are inherently good things.

Blog 399

Blog Innovation Strategic Planning Brand 399

Harvard Business Review

DECEMBER 20, 2016

Innovation is critical in a knowledge economy — driving growth, new products, and new methods of delivering value to customers. According to PwC’s 2015 study on Global Innovation , U.S. And yet, despite its importance, innovation is a difficult quality to cultivate both in leaders and in organizations.

Innovation 8

Innovation Skills CEO Learning-by-Doing 8

Ron Edmondson

SEPTEMBER 14, 2017

A good portion of time is dedicated to risk management. But, I have seen some leaders who want to get to 100% risk elimination before they move forward with any change. You’re risking simply being impractical – Getting to zero risk may never actually happen regardless of how hard you try.

Risk Management 43

Risk Management Planning Motivation Project 43

Harvard Business Review

AUGUST 15, 2016

And, the misunderstood poem helps to highlight how innovation-seeking executives need to reframe the word risk. Most executives know that the present value of an investment comes from projecting its cash flows and discounting those numbers into today’s dollars. Believing that good entrepreneurs seek out risk.

Net Present Value 8

Net Present Value Entrepreneur Christensen Innovation 8

Harvard Business Review

NOVEMBER 23, 2016

These threats change the risk management calculus of firms hoping to succeed in a more turbulent world. Start-ups are particularly at risk today because of both their size and age. Generally speaking, entrepreneurs may need to rethink their risks to improve the chances that their innovations succeed.

Insurance 8

Insurance Risk Management Finance Supply Chain 8

Strategy Driven

DECEMBER 7, 2017

Digital innovation is everywhere, from Big Data to risk management software, and it’s all coming to change in the way that the sector is organised and run. NEX Optimisation are undergoing an ambitious project to use distributed ledger technology to provide a single source of truth regarding financial transactions.

Finance 51

Finance Process Influence Innovation 51

Harvard Business Review

AUGUST 15, 2012

When companies lack a clear stance on when and how to take risks, managers often don't take enough of them, routinely making safe investment choices over ones with higher potential. To begin, say Tim Koller and two co-authors, up the ante on risky projects. EXIT STAGE LEFT. Leaving Gracefully and Effectively (Fortune).

Exit Strategy 14

Exit Strategy How To McKinsey Project 14

Great Leadership By Dan

SEPTEMBER 3, 2013

In an organizational setting this applies equally, where people empower themselves through creativity, innovation and superior customer service.”. We give a lot of lip service to creativity and innovation, in particular how leaders can "unleash" creativity in their organization. Jennifer V.

Leadership Development 283

Leadership Development Development Planning Self-aware 283

Harvard Business Review

JUNE 6, 2012

How do you get a five-ton spacecraft safely to Saturn and land a probe on its largest moon when your project involves three space agencies, 17 countries, 18 separate scientific payloads, and 250 scientists working across 10 time zones? Maintain a constant focus on talent development for their teams and, in particular, their project leaders.

Project 16

Project Survey Budgeting Conflict of Interest 16

Harvard Business Review

JUNE 6, 2012

How do you get a five-ton spacecraft safely to Saturn and land a probe on its largest moon when your project involves three space agencies, 17 countries, 18 separate scientific payloads, and 250 scientists working across 10 time zones? Maintain a constant focus on talent development for their teams and, in particular, their project leaders.

Project 14

Project Survey Budgeting Conflict of Interest 14

Harvard Business Review

JANUARY 27, 2017

But CEOs serious about confronting autonomy opportunity and risk should consider four proven organizational options. The bad news: Petabytes of new data and algorithmic innovation assure that “autonomy creep” will relentlessly challenge human oversight from within. McKinsey, Bain, and BCG are the management models here.

Outsourcing 8

Outsourcing Software CAPEX Competitive Advantage 8

Harvard Business Review

OCTOBER 10, 2017

Adaptive performance manifests as creativity, problem solving, grit, innovation, and citizenship. Three finance professors once asked more than 400 executives what they would do if their quarterly earnings targets were at risk. Before, tricky problems would be redirected to a risk manager.

Organization 13

Organization Tactics Call Center Metrics 13

Harvard Business Review

SEPTEMBER 4, 2012

Here are three examples: Innovation: Companies that continually innovate — such as Google, Intuit, 3M, P&G, and Apple — don't put all their eggs in one basket. The companies then actively manage these portfolios by allocating resources differentially — periodically killing some projects while doubling down on others.

Management 8

Management Core Competence Project Bond 8

Harvard Business Review

AUGUST 28, 2017

But the emerging challenge of reducing risk exposure for coastal residents creates new opportunities for firms that can innovate and provide new solutions. When valuing these rebates, Re:focus relies on Risk Management Solutions’ modeling software to accurately judge how much a project reduces disaster risk.

Insurance 11

Insurance Real Estate Industry Bond 11

Harvard Business Review

SEPTEMBER 13, 2013

Yet the large organizations in which we work are often inflexible and incapable of adaptation and true innovation. Most try to decrease randomness, with executives conducting feasibility studies and risk analyses or tightening budgets, introducing more processes, standardizing operations. Now consider your average human.

Organization 8

Organization Uncertainty Gordon Budgeting 8

Harvard Business Review

DECEMBER 25, 2013

While most startups who set up pages on Kickstarter, Indiegogo or a host of other crowdfunding sites are looking to hit a specific goal and then get started making their project a reality, a new crop of businesses are using the platform for as a wholly different business model: selling their product before it exists.

Productivity 8

Productivity Products Reis FAQ 8

Harvard Business Review

MAY 16, 2017

Create and improve systems to manage staff’s and students’ needs — schedules, records, facilities, personnel, and budgets. Initiate whatever needed to ensure projects’ success. She quantified the growth she generated and included one of her innovations that generated much of that growth.

COO 13

COO Chief Operating Officer Transportation Real Estate 13

Harvard Business Review

JUNE 1, 2017

How the most innovative providers are creating value. Here are some specific recommendations, which are based on our collective expertise in care delivery, health systems, financial regulation, and risk management. In the risk management world, that is known as taking a holistic approach. billion per year.

Health Care 8

Health Care Supply Chain Insurance Risk Management 8

Harvard Business Review

APRIL 19, 2016

It may do to physical goods what cloud computing is now doing to digital services; what the PC, internet, and smart mobility have done to personal computing; and what outsourcing did to software development and business processing — take mass distribution and innovation to the next level while realigning the very geography of work and trade.

Supply Chain 8

Supply Chain Execution Analysis Technology 8

Skip Prichard

OCTOBER 10, 2019

Steve Anderson spent his career in the insurance industry focused on risk and business growth. He is a leading authority on insurance, risk management, technology, and innovation. The “hidden in plain sight” management principles Bezos discussed in the letters is what caught my attention. “As Jeff Bezos.

Letter 85

Letter Collins Long-term Parcell 85

Harvard Business Review

DECEMBER 7, 2017

To help address it, ADO has, with the help of some innovative business firms, leapt to the forefront with a new approach to sourcing cybersecurity talent: “Dandelion programs.” Many people on the spectrum don’t do well in standard interview processes, so recruitment and assessment processes have had to be changed.

Organization 8

Organization Analysis Incubator Learning-by-Doing 8

Harvard Business Review

MAY 3, 2011

An MBA student once asked me to give her a simple explanation of the "risk management function." After a few minutes of fumbling, I told her that risk management is the process of identifying, prioritizing, and mitigating the impact of unforeseen (and usually negative) events.

Risk Management 15

Risk Management Management Contingency Plans Reputation 15

Harvard Business Review

MARCH 5, 2012

Data from the Center for Talent Innovation (CTI) shows that the vast majority of college graduates want to amplify their commitment to good causes through their employer. Volunteering offers participants the opportunity to strengthen their skills, broaden their networks, break out of a career rut, and find new meaning in their job.

Participative 14

Participative Library Entrepreneur Survey 14

Harvard Business Review

OCTOBER 21, 2016

” Improving risk management. Climate change, water scarcity, and poor labor conditions in much of the world increase the risk. billion in mining projects since 2010. Fostering innovation. Investing in sustainability is not only a risk management tool; it can also drive innovation.

Supply Chain 8

Supply Chain Price Loyalty Efficiency 8

Harvard Business Review

JUNE 21, 2016

This would reduce options for customers (huge oil companies themselves) and may reduce innovation, they reasoned. To reach the threshold, Pfizer ended up granting Allergan a huge premium, much beyond what would be justified by projected synergies. Pfizer is big, so the foreign partner had to be sizable itself.

Guidelines 8

Guidelines Long-term Short-term Airlines 8

Harvard Business Review

JUNE 8, 2016

The question confronting Cisco and other companies is how to do that – how to speed the process of innovation, especially as technological change threatens to upend our current business models. To keep up, new standards, architectures, and infrastructures will have to develop at the same pace. Internal diversity.

Innovation 8

Innovation CAGR Diversity Risk Management 8

Harvard Business Review

OCTOBER 4, 2012

Many firms struggle to exploit the innovation potential of their global networks. That's partly because they manage global projects like traditional ones. But single-location projects draw on a reservoir or shared tacit knowledge and trust that global projects lack.

Globalization 15

Globalization Innovation Team First-mover Advantage 15

Harvard Business Review

OCTOBER 4, 2012

Many firms struggle to exploit the innovation potential of their global networks. That's partly because they manage global projects like traditional ones. But single-location projects draw on a reservoir or shared tacit knowledge and trust that global projects lack.

Globalization 15

Globalization Innovation Team First-mover Advantage 15

Harvard Business Review

NOVEMBER 23, 2010

Savage is the author of The Flaw of Averages (Wiley, 2009) and of an HBR article with the same title , chairman of Vector Economics , Inc (VectorEconomics.com), an adjunct faculty member at Stanford and Cambridge, and a frequent lecturer on risk modeling.

Airlines 14

Airlines Report Guidelines Discount 14