Harvard Business Review

NOVEMBER 22, 2017

For every company wrestling with evolutions in its strategy, success depends as much on matching the operating model to those evolutions as it does on the soundness of the strategy itself. But exactly how do today’s companies create or update an operating model to match adaptations or wholesale changes in strategy?

Strategy 8

Strategy Company Banking Apparel 8

Harvard Business Review

NOVEMBER 2, 2017

Before the iPhone was introduced, in 2007, Nokia was the dominant mobile phone maker with a clearly stated purpose — “Connecting people” — and an aggressive strategy for sustaining market dominance. Nokia was so immersed in executing its strategy that it lost sight of its purpose. Insight Center.

Strategy 13

Strategy Company How To Supply Chain 13

Harvard Business Review

DECEMBER 22, 2015

In an ongoing global survey of senior executives , more than half of the respondents said they didn’t think their company had a winning strategy, and two-thirds said they didn’t think their organization had the right capabilities to execute its strategy. Operating as these companies do takes a lot of confidence.

Execution 8

Execution Strategy Fashion Apparel 8

Harvard Business Review

DECEMBER 23, 2016

That leaves most organizations lacking a clear total workforce perspective and no integrated strategy to engage workers at the right time, cost, and contractual arrangement. The disconnect between HR and Procurement often means either choice is suboptimal on its own, so operating managers circumvent both HR and Procurement.

Strategy 8

Strategy Span of Control Finance How To 8

Harvard Business Review

MAY 16, 2016

Strategic alignment, for us, means that all elements of a business — including the market strategy and the way the company itself is organized — are arranged in such a way as to best support the fulfillment of its long-term purpose. How well does your business strategy support the fulfillment of your company’s purpose?

Banking 14

Banking Strategy Film Operations 14

Harvard Business Review

OCTOBER 11, 2018

a cataract operation can cost $200 or less, compared with $3,500 in the U.S. Under the leadership of Anthony Tersigni, Ascension’s president and CEO, the organization has sought to become much more efficient at delivering health care. Ascension has another solid reason for pursuing its strategy.

Health Care 8

Health Care Insurance Cost Price 8

Harvard Business Review

MAY 9, 2012

Through the first half of the last decade, a foundation of Nokia's competitive advantage was its unmatched ability to customize a wide variety of phones for operators. A crucial element of its strategy to win over consumers to its advanced smartphones was to persuade third-party developers to create a vast array of apps for its phones.

Innovation 13

Innovation Supply Chain Telecommunications Core Competence 13

Harvard Business Review

OCTOBER 10, 2017

Tactical performance is how effectively your organization sticks to its strategy. In Precision’s case, good tactical performance required developing rules, checklists, and standard operating procedures and then following them closely. We made a number of operational changes to the call center.

Organization 12

Organization Tactics Call Center Metrics 12

Harvard Business Review

JANUARY 18, 2012

Recognizing that the company's command-and-control culture wouldn't work in the 21st century, he defined leadership as leading by values and created a unique collaborative organizational structure. Executing this strategy required seamless integration of IBM's product capabilities with its geographic reach. When the U.S.

Globalization 15

Globalization Golden Parachute Short-term Long-term 15

Harvard Business Review

MARCH 12, 2014

The company’s twenty years of entrepreneurial success had positioned the company to reap greater financial rewards using a more disciplined operational focus. However, by the middle of the decade, Google was growing, YouTube was forming, and “operational excellence” wasn’t a differentiating strategy in technology.

Strategic Fit 8

Strategic Fit Rogers CEO Strategy 8

Harvard Business Review

JANUARY 8, 2015

In my research on how experienced managers and professionals step up to bigger leadership roles, I have observed both the value and the difficulty of returning to our youthful, fake-it-till-you-learn-it strategies. “I went home exhausted each day from playing the role of ‘Director of Operations,’” she said.

Learning-by-Doing 8

Learning-by-Doing Finance Definition Politics 8

Harvard Business Review

JUNE 29, 2012

But what about the more strategic risk areas, such as those related to emerging market entry or acquisition growth strategies? At a Global 50 consumer products company, management has developed a governance structure that allows it think about risk proactively, and has aligned its risk profile and exposures more closely with its strategy.

Risk Management 14

Risk Management Maturity EBITDA Management 14

Harvard Business Review

NOVEMBER 29, 2011

Many organizations, she argues, struggle with a "paradox of expertise" in which deep knowledge of what exists in a marketplace or a product category makes it harder to consider what-if strategies that challenge long-held assumptions. Ferrari pit crews operate largely in silence, despite (or because of) the roar of engines around them.

Banking 18

Banking Retail Open-book Creativity 18

Harvard Business Review

AUGUST 21, 2013

In order to see the future more clearly, it''s almost always helpful to look back — and this certainly goes for IT and its ever-increasing impact on operations, and ultimately on competitive advantage. Yet with each wave, the criticality of IT to basic operations and delivery of service to customers continues to escalate.

Competitive Advantage 8

Competitive Advantage Management Information Technology Airlines 8

Harvard Business Review

JULY 17, 2013

The CIO paradox is a set of contradictions that lies at the heart of IT leadership. Be strategic and operational. A far better strategy is to take the people that they have and develop them into blended executives. IT is highly strategic, intensely operational, hard to staff and extremely expensive. Reach beyond IT.

CIO 8

CIO Technology Storytelling Strategic Planning 8

Harvard Business Review

MAY 6, 2013

Economic performance for organizations whose CIOs were part of the overall development of strategy outpaced that of other organizations by a scale of two to one as discovered in our Economist and HBR studies. Define Your Strategy. However, time and time again, statistics show that CIO and C-suite alignment drives financial success.

CIO 8

CIO Hamel Technology Tactics 8

Harvard Business Review

NOVEMBER 17, 2015

With a strong, competent, and independent chair able to step in and assume responsibility (and possibly act as interim CEO), a company in a crisis that destroys its leadership is better placed to navigate the storm. Hayward’s leadership had contributed to BP underplaying safety its U.S. Take the case of BP.

CFO 8

CFO Crisis Mass Marketing IPO 8

Harvard Business Review

NOVEMBER 17, 2017

For decades, we’ve often thought of leadership profiles in unique buckets—two popular varieties were the “visionaries”, who embrace strategy and think about amazing things to do, and the “operators”, who get stuff done. The Gap Between Strategy and Execution. Adam Pretty/Getty Images.

Execution 15

Execution Strategy How To Budgeting 15

Harvard Business Review

MARCH 27, 2014

Today’s corporations are directing more and more of their budgets toward a complex web of global specialist providers and suppliers to help deliver on their businesses’ core strategies. Or does it focus on customer service and helping the business achieve its strategy? Cutting costs Global business Leadership Organizational culture'

Budgeting 8

Budgeting Objective Cost Globalization 8

Harvard Business Review

DECEMBER 27, 2017

Our research shows that the same inclusive leadership behaviors that leverage diversity to drive innovation and market growth can enable managers to support individuals with disabilities. But teaching managers to display inclusive leadership behaviors is just the first step. And they are more likely to have their ideas endorsed.

Compliance 8

Compliance Chief Operating Officer Innovation Survey 8

Harvard Business Review

JANUARY 7, 2014

He talked with HBR about why a company’s culture is more important than its strategy — and some of the innovative tactics that CEOs have used to help create a high-performing culture. As human beings, we like to operate in small tribes. Leadership' Excerpts: Why did you focus on culture? It’s the creation of silos.

CEO 11

CEO FAQ Restructuring Performance Review 11

Harvard Business Review

MAY 27, 2015

But these economic development strategies focused on big businesses, sometimes known as “elephant hunting,” may overstate the importance of large firms. An effective policy strategy for small businesses needs to focus on the unique needs these companies have. But these things are not enough.

Entrepreneur 8

Entrepreneur Policies Banking Innovation 8

Strategy Driven

JANUARY 24, 2011

Closing the Execution Gap : How Great Leaders and Their Companies Get Results by Richard Lepsinger If an organization can’t execute its plans and initiatives, nothing else matters: not the most solid, well thought-out strategy, not the most innovative business model, not even technological breakthroughs that could transform an industry.

Execution 68

Execution Company 360-Degree Feedback Cooper 68

Harvard Business Review

MARCH 13, 2017

Companies wind up in trouble and squander the time, talent, and energy of their workforce when they lose focus, spend money on things that don’t make a difference to employees or the future of the business, and use operating models that are out of whack. redesign the operating model. Redesign the Operating Model.

Zero Based Budgeting 13

Zero Based Budgeting Organization Budgeting How To 13

Harvard Business Review

MAY 18, 2011

While HP was once the technology leader that could do no wrong, market watchers are now concerned that the company does not have a clear strategy to overcome its problems. It's a strategy the company has used before, when it spun off its test and measurement business into a publicly traded company called Agilent.

Software 12

Software Technology Intellectual Capital Marketing 12

Harvard Business Review

JUNE 7, 2013

For entrepreneurs, investors, and policy makers, there is plenty to learn from both the strategy and the outcome. Instead of buying batteries, consumers would buy subscriptions for miles (just as mobile-phone operators sell subscriptions to minutes). Innovation Strategy Transportation'

Mass Marketing 8

Mass Marketing Transportation Depreciation Short-term 8

In the CEO Afterlife

JUNE 8, 2016

This article was written by Jennifer Horn for the June 2016 issue of Strategy Magazine. The change in management, which included Bell and Powell, meant a big change in how the company would operate in the following decades. That’s when the brand shifted its strategy, once again, and developed the long-standing “Better Beans.

Brand 100

Brand Brand Management Advertising Management 100