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

MAY 28, 2014

As Quartz reported last year: Members of the Glass operations team have been on the road showing it off to companies and organizations, and they told Quartz that some of the most enthusiastic responses have come from manufacturers, teachers, medical companies, and hospitals. Should Google revise its strategy to pursue that opportunity?

Strategy 10

Strategy Early Adopters Innovation Proposal 10

Harvard Business Review

JULY 2, 2015

Many companies start their search for global growth in an alphabet soup of emerging-market groupings such as the BRIC , CIVETS , MINT , Next 11 , and so on. There are several flaws in using such acronyms as the basis for entering overseas markets. However, the sources of demand in each country differ, which will affect your strategy.

Marketing 8

Marketing Benchmarking Globalization Construction 8

Harvard Business Review

JULY 25, 2016

It outlined Tesla’s automotive strategy and it has been pretty much followed to the letter. The second installment moves Tesla beyond the traditional car market, with a plan to reconfigure our cities, energy systems, and our impact on the environment. The first installment had been written in 2006.

Strategy 8

Strategy Automotive Mass Marketing Business Model 8

Harvard Business Review

FEBRUARY 12, 2014

In the January issue of HBR, Roger Martin sets out some rules for avoiding common mistakes in strategy making. As he writes in “ The Big Lie of Strategic Planning ”, the first rule is “keep the strategy statement simple.” The result: one planning document, many different strategies. I couldn’t agree more.

Strategy 13

Strategy Document Comparison Retail 13

Harvard Business Review

NOVEMBER 6, 2017

. “We found the perfect strategy” ranks with “And they lived happily ever after” as a perpetual myth. A strategy is never excellent in and of itself; it is shaped, enhanced, or limited by implementation. When a strategy looks brilliant, it’s because of the quality of execution. Insight Center.

Execution 8

Execution Strategy COO CEO 8

Harvard Business Review

MARCH 2, 2011

Among my questions to them: How are you thinking about strategy these days? Some tentative conclusions: There is not much of a market for stand-alone strategy studies any more. Strategy has triumphed, the installed base is huge, no self-respecting company would be without one. This poses a dilemma for consulting firms.

Consultative 15

Consultative Strategy McKinsey Porter 15

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

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. Strategy is how the business will achieve it.

Banking 14

Banking Strategy Film Operations 14

Harvard Business Review

FEBRUARY 5, 2016

The past year has been difficult for many markets in Sub-Saharan Africa (SSA). However, although some of our clients have been facing difficulties resulting from the current environment, primarily because of currency pressures, many others are continuing to see strong growth, even in troubled markets such as South Africa and Angola.

GDP 8

GDP Politics Marketing Bottom-up 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

JUNE 2, 2014

If your company puts you in charge of developing a foreign market or a new line of business, your challenges are in many ways similar to those facing a startup. It is a fight that every manager is familiar with, but nowhere is the challenge bigger than when the existing strategy is not aligned with the demands of the situation you are in.

Innovation 11

Innovation Conflict of Interest Strategy System 11

Harvard Business Review

SEPTEMBER 6, 2017

New innovations will change the basis of competition in many markets and alter the sources of advantage for most companies. Business-critical roles — that is, the jobs that are central to differentiating a company from its competitors and successfully executing its strategy — will also change. John Deere is a case in point.

Company 12

Company Insurance Engineering Software 12

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. Related Video.

Organization 12

Organization Tactics Call Center Metrics 12

Harvard Business Review

JANUARY 26, 2015

How do they match a shift in strategy (which is called for in times of change) with a shift in culture? I suspect that many organizations get into trouble not because of a failed strategy but because of a frozen culture. GE now operates in 175 countries across the globe.) The context demanded operational excellence.

Welch 8

Welch Six Sigma Agility Operations 8

Harvard Business Review

MAY 30, 2014

Southwest Airlines’ decades-long strategy of “short-haul, high-frequency, point-to-point, low-fare service” produced what was not only one of the best-performing airlines in the U.S. For over 50 years, Wal-Mart has pursued essentially the same strategy of “offering the lowest price so its customer can live better.” Or consider U.S.

Company 8

Company Supply Chain Airlines Health Care 8

Harvard Business Review

SEPTEMBER 21, 2012

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. Knowing the market and possessing networks are important, but that's not all your company needs for success today.

Globalization 8

Globalization CEO Long-term Operations 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? Most important, the alignment of risk awareness and management practices, from strategy to business operations, enabled the company to monitor risk developments more effectively.

Risk Management 14

Risk Management Maturity EBITDA Management 14

Harvard Business Review

JANUARY 18, 2012

When Palmisano retired this month, the media chronicled his success by focusing on IBM's 21% annual growth in earnings per share and its increase in market capitalization to $218 billion. Executing this strategy required seamless integration of IBM's product capabilities with its geographic reach. When the U.S. It is not about you.

Globalization 15

Globalization Golden Parachute Short-term Long-term 15

Harvard Business Review

NOVEMBER 2, 2016

A company that creates a sustainable competitive advantage, executes well and reinvests to solidify its strategy will find that its share price accurately reflects its value. And if there is no arbitrage to be had, most activists will hunt elsewhere. So how can boards ensure their company is able to grow sustainably?

Company 8

Company Bureaucracy Long-term Competitive Advantage 8

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

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

JUNE 26, 2013

Only the largest of enterprises could afford the best technologies, and even for those with the largest bank accounts, IT strategies were limited to basics like CRM , ERP , or email. IT management Information & technology Strategy' Today, though, Carr''s prediction is coming true.

Supply Chain 8

Supply Chain Competitive Advantage Information Technology How To 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 Technology Hamel Tactics 8

Harvard Business Review

NOVEMBER 17, 2015

operations in favor of financial performance. Meanwhile, Dr. Piech was obsessed with achieving dominant global market share, which included a larger presence in the U.S. Volkswagen will have to abandon its strategy of world domination and the hubristic “Das Auto” branding approach we see in the ads.

CFO 8

CFO Crisis Mass Marketing IPO 8

Harvard Business Review

NOVEMBER 19, 2012

Everyone thinks they have a digital strategy these days. But while your company may have a business or IT strategy that incorporates digital technology, an IT strategy does not equal a digital strategy. Because most IT strategies treat technology in isolation. Does your strategy capitalize on that?

IT Strategy 9

IT Strategy Strategy Offshoring Class 9

Harvard Business Review

JULY 17, 2013

Be strategic and operational. High-performing IT organizations appoint executives to sit at the intersection of business areas and the IT function, helping business leaders to shape their IT strategies and marshaling a technology team to deliver against that demand. Stay secure and boost innovation. Reach beyond IT.

CIO 8

CIO Technology Storytelling Short-term 8

Harvard Business Review

FEBRUARY 27, 2013

We set people up to use their area of expertise, be it strategy, accounting, operations, technology, finance, or human resources. They need help with financial management, marketing, product development, service delivery, and technology. A skills-based, or pro bono, approach is about donating skills, not just money.

Skills 8

Skills Real Estate Human Capital Project 8

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. Procurement teams are often disconnected from the functions they serve and the markets they engage. Organizational isolation.

Budgeting 8

Budgeting Objective Cost Globalization 8

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

Harvard Business Review

OCTOBER 30, 2017

So is John Rice, the head of global operations, along with CFO Jeffrey Bornstein. During Immelt’s tenure, GE’s stock market value fell by about half. Increase operating margins to 18% (by cutting expenses). But first they need to get management of a company to change the existing strategy. Comstock is out.

Long-term 8

Long-term Ries Short-term Price 8

Harvard Business Review

DECEMBER 27, 2017

Among the 75% of employees with disabilities who say they have market-worthy ideas, 48% say their ideas went ignored by people with the power to act on them, 57% feel stalled in their careers, and 47% feel they would never achieve a position of power at their company, no matter how high-performing or qualified they are. .”

Compliance 8

Compliance Chief Operating Officer Innovation Survey 8

Harvard Business Review

FEBRUARY 9, 2011

The best companies are able to distinguish between these consumers by precisely valuing their operating profit potential, not just gross margin or volume. They do this by building consumer P&Ls through cross-functional teams across marketing, sales, supply chain and finance, much like some companies have built account and product P&Ls.

P&L 14

P&L Supply Chain Retail Price 14

Harvard Business Review

DECEMBER 8, 2017

After you’ve been fired, getting back into the job market can be difficult. Here are some strategies to employ. Doing so helps you “figure out how big a problem you’re facing” and what you’ll need to overcome in the job market, says Lees. Klaus Vedfelt/Getty Images. What the Experts Say.

How To 8

How To Letter Learning-by-Doing PR 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