4 Disciplines For Long-Term Sustainability Of Change

Tanveer Naseer

So this step ensures that the business operating team is ready to take ownership of the change and continue implementing the plan. The following is a guest piece by R. Kendall Lyman and Tony C. Daloisio. Years ago, we each had a chance individually, to take a hot air balloon ride.

Coaching Others: Short Term Pain for Long Term Gain

Aspire-CS

Let’s call using coaching skills “short term pain for long term gain”. The great news is that if you are dedicated to it, and spend the time it takes there are some wonderful long term benefits for you and your employees.

The Importance of Working with Suppliers Over the Long Term

Deming Institute

Move toward a single supplier for any one item, on a long-term relationship of loyalty and trust. And to do so most effectively you need to partner with your suppliers over the long term. What matters is how you operate.

Important Changes That Improve The Efficiency Of Your Shipping Operation

Strategy Driven

As well as speed, you also need to consider the cost of your shipping operation. That’s why you need to make an effort to improve the efficiency of your shipping operation. Route planning software is absolutely essential if you want to increase efficiency in your shipping operation.

5 Ways to Incorporate Data Science into Business Operations

Strategy Driven

In fact, this ubiquitous field of science seems to now be having an impact on almost every industry, as intelligent entrepreneurs and business managers recognize the need to make data-based decisions while conducting everyday operations and setting long-term goals.

Why CEOs Should Share Their Long-Term Plans with Investors

Harvard Business Review

But such a change would probably not change how resources are allocated or businesses operate. Rather than requiring less short-term information, we believe the key to combating short-termism is to encourage companies to share more information about their long-term plans.

3 Proven Ways Call Centers Can Better Streamline Operations

Chart Your Course

Customer service has come a long way. In particular, when it comes to improving the customer service experience and streamlining operations, today’s call center agents now have a wide array of tech solutions to resolve these matters. Customer Service is Important to Call Centers.

Toyota’s Management History

Deming Institute

To enhance overall planning and, from a long-term perspective, achieve swift and precise decision making and execution through coordination among management structures. And some people still today think of these ideas as limited to manufacturing operations.

Finally, Proof That Managing for the Long Term Pays Off

Harvard Business Review

Companies deliver superior results when executives manage for long-term value creation and resist pressure from analysts and investors to focus excessively on meeting Wall Street’s quarterly earnings expectations. This has long seemed intuitively true to us. We’ve seen companies such as Unilever, AT&T, and Amazon succeed by sticking resolutely to a long-term view. remain so high for so long if short-termism were such a drag on performance?

EPS 11

It's Not About Perfection

Aspire-CS

I have now been detoxed and am on the road to long-term healing, so I would like to share some tips with you about this highly popular disorder. Tracking progress rather than perfection seems wise and beneficial for people in the long run.

Why Companies and Universities Should Forge Long-Term Collaborations

Harvard Business Review

Instead of one-off projects, both sides have become much more interested in forging long-term, collaborative relationships. Silicon Valley, with its proximity to Stanford and University of California, Berkeley, has long been the paradigm for innovation ecosystems. Now more durable cooperative models are emerging that enable companies to remain connected to institutions in order to foster long-term research relationships on specific projects of interest as they emerge.

How One Hospital Improved Patient Handoffs for the Long Term

Harvard Business Review

We started working with the management and staff of the perioperative unit in 2014 to develop a more systematic, long-term approach for improving patient handoffs from the operating room (OR) to the post-anesthesia care unit (PACU). Janis Christie/Getty Images.

Why Mass Migration Is Good for Long-Term Economic Growth

Harvard Business Review

Higher diversity is therefore associated with lower productivity, which inhibits the capacity of the economy to operate efficiently. Our empirical findings suggest that cultural heterogeneity, measured by either fractionalization or polarization, has a discernible positive impact on the growth rate of GDP over long time periods. International migration is on the rise.

Keeping Your Strategy Meetings Focused on the Long Term

Harvard Business Review

Mauricio is president of the European operation for a Fortune 500 manufacturing firm, and his firm has had its trials lately. Some of these issues demanded immediate attention, but they all could have been avoided or addressed before becoming crises if Mauricio, his peers, and their teams had started discussing them a year ago — when they were at a strategic level, rather than an operational one. Detach operational meetings from strategic ones.

Thinking Long-Term in a Short-Term Economy

Harvard Business Review

Fact is, these were the terms used to describe the results produced by Exxon Mobil and Royal Dutch Shell after their second quarter earnings release. In fact one of the surest ways to increase stock prices in the short term is to announce a significant layoff.

The Most Innovative Companies Have Long-Term Leadership

Harvard Business Review

But it’s an idea that demands attention, investment, and a long view of the market. It’s why venture investors and entrepreneurs tend to be committed for the long haul. The unfortunate truth is that most public company executives don’t last too long in their roles.

CEOs Can Attract Long-Term Investors

Harvard Business Review

But three years after the financial crisis broke, I remain more convinced than ever that the fundamental cure for restoring economic growth and repairing societal trust in business is to deepen our ability to manage companies for the long term. Taking a long view doesn't mean companies should go radio-silent. Acting and communicating in this fashion will also start to attract long-term investors.

Risk Management Best Practice 1 – Map Corporate Risks to Operational Processes

Strategy Driven

All enterprises face a unique set of risks that threatens long-term organizational success and viability. You just finished reading Risk Management Best Practice 1 - Map Corporate Risks to Operational Processes !

How a Fast-Growing Startup Built Its Sales Team for Long-Term Success

Harvard Business Review

It’s common for leaders of sales teams to focus almost exclusively on short-term tactics and current operations while failing to think and act in a way that supports the longer-term needs of their businesses — and it’s hard to fault them. As one sales manager noted, “In this job, if you don’t survive the short term, you don’t need to worry about the long term.” Denver Post/Getty Images.

How a Fast-Growing Startup Built Its Sales Team for Long-Term Success

Harvard Business Review

It’s common for leaders of sales teams to focus almost exclusively on short-term tactics and current operations while failing to think and act in a way that supports the longer-term needs of their businesses — and it’s hard to fault them. As one sales manager noted, “In this job, if you don’t survive the short term, you don’t need to worry about the long term.” Denver Post/Getty Images.

Seven Ways CEOs and Investors Can Promote the Long Term

Harvard Business Review

Not long ago, the chief executive of a global telecommunications firm shared with me his frustration that "even in a meeting with the CEO, most institutional investors seek only granular data points to plug into their models. They are not interested in hearing about the technological, regulatory, and societal developments that will determine the long-term, strategic positioning of this company.". Some large investors already have a long-term view.

Managerial Leadership Training Tool: Using DTC Operator Innovation Planning

Create Learning

Dimension Time Cost Operator. Dimension Time Cost Operator (DTC) – is a tool for for seeing problems differently exploring ideas of extremes in size and cost. The DTC Operator can work to release Psychological Inertia. The DTC Operator Algorithm.

Why HR Needs to Stop Passing Over the Long-Term Unemployed

Harvard Business Review

Hiring has picked up, but not for the long-term unemployed, those out of work for more than more than 26 weeks. They varied one item among otherwise identical applications: whether the individual was currently unemployed and, if so, how long they had been unemployed.

My Happy Clients 12

Utpal Writes

Give your clients a deal which adds value to their business and focus on long term results; then harvest what you plow. Make operations simple where quick-execution is effortlessly done.

The Big Picture of Business – Entrepreneurs’ Guideposts to Real Business Success

Strategy Driven

This premise also holds true for each corporate operating unit and department. The whole of the business and each sub-set must always educate corporate opinion makers on how it functions and the skill with which the company operates.

Mentoring and Lifelong Learning

Strategy Driven

I have had many excellent ones in my long career and have in turn mentored hundreds of others. You must establish your own identity, which is a long, exacting process. Long-term success must be earned. The worst bosses do not sustain long careers at the top.

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100% Of Companies Have This Problem

N2Growth Blog

Think long-term, and if you must, bridge with a phased solution, but be planful in approach. Leadership Miscellaneous Operations & Strategy Productivity business process Change Mike Myatt N2growth Process Design Process Engineering Simple Process Simplicity The Value of Process

Stop Negotiating – It Doesn’t Work

N2Growth Blog

While it may seem tempting to exploit the immediacy of a situation or circumstance, the long-term consequences of such actions are detrimental to your reputation and credibility. By Mike Myatt , Chief Strategy Officer, N2growth. Negotiation isn’t all it’s cracked-up to be.

The Big Picture of Business – Visioning Scope: Applying Vision Toward Your Organization’s Progress

Strategy Driven

It is a catalyst toward long-term evaluation, planning and implementation. Crystallize the core business in terms of viabilities to move successfully forward to some discernible point. Settle the organization’s short-term problems.

The Big Picture of Business – Business Success Checklist

Strategy Driven

When you own and operate a business you need to have certain procedures for an efficient and seamless function. Sometimes the difficulty of managing your time makes for a haphazard operation. An inefficient operation results in unproductive activities which often miss the point and worse yet, result in wasted time and wasted resources. Objective analysis of how the organization has operated to date. Document practices, procedures, operations and structure in writing.

Great Businesses Scale Their Learning, Not Just Their Operations

Harvard Business Review

Our research into the long-term decline of return on assets for all public companies in the US from 1965 to today (it’s gone down by 75%) is just one indicator of this pressure. Ronald Coase nailed it back in 1937 when he identified scalable efficiency as the key driver of the growth of large institutions.

Building Enduring Engagement

Lead Change Blog

Posted in Value Creation Workplace Issues [link] Most organizations and their leaders now accept that simple worker compliance is insufficient for achieving operational excellence and long-term success.

The Making of Legends

Strategy Driven

Do something well and commit to long-term excellence. Non-profit organizations operating more business-like. I have written several books, on business, entertainment, history and pop culture. The Legends series is an amalgamation of all of them.

Leadership and Competition

N2Growth Blog

The key to successfully exploiting competition over the long haul is linking your competitive strategy to the discipline of innovation and the mindset of being externally focused with regard to the market. By Mike Myatt , Chief Strategy Officer, N2growth.

The Big Picture of Business – Biggest Excuses They Use… and You Should Avoid: Rationales and Reasons Why Businesses Fail

Strategy Driven

Not engaging in planning for future operations: So what are you gonna do about it? Many factors contribute toward long-term success, which is a road filled with ups and downs. Some people and organizations go to great extremes to place spins, rationalize or save face.

Is It Time To Start Purchasing Your Own Business Assets In Abundance?

Strategy Driven

However, as your business begins to really gain in profitability, and you decide to invest that back into your operation each year, it’s not hard to see how purchasing your own business assets might become a great long-term cost-saving scenario.

The Big Picture of Business – Community Relations and Cause Related Marketing Are Business Strategies, Not Sales Promotions: Determining the Right Kind of Tie-In Causes.

Strategy Driven

Interpret the results to management in terms that are easy to understand and support. No business can operate without affecting or being affected by its communities. If steadily built, the trust can be exponentially parlayed into successful long-term business relationships.

The Big Picture of Business – Becoming a Legend

Strategy Driven

The secret to long-term success lies in mapping out the vision and building a body of work that supports it. Are you a legend? Do you admire people who went the distance? Have you celebrated organizations that succeeded? I hope that you are and will continue to be distinctive.

The Dirty Little Secret About Digitally Transforming Operations

Harvard Business Review

Operations in a Connected World. To avoid this roadblock, successful companies use a more agile strategy that relies on local solutions to capture value quickly, while gradually building the long-term IT and automation architecture.

Value-Added Leadership

Strategy Driven

Organizational purpose, vision, quality of life, ethics, long-term growth. Operations are sound, professional and productive. Learn to pace and be in the chosen career for the long-run. Every company has stakeholders, though a few with their own proprietary interests chart the course in their own vision, or lack thereof. Within every corporate and organizational structure, there is a stair-step ladder.

What’s Your Time Worth? Why Pricing Matters

N2Growth Blog

The use of solid research, segmentation, and sound business logic in the engineering of your pricing model will pay long-term dividends. By Mike Myatt , Chief Strategy Officer, N2growth. Are you shooting yourself in the foot with your pricing strategy? How much is your time worth?

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The Big Picture of Business – Achieving the Best by Preparing for the Worst: Lessons Learned from High-Profile Crises, part 2 of 4

Strategy Driven

Business shift from the retail dealer customer service mentality of Firestone shifted to a high-production tire operation. K-Mart, long the dominant discount chain had gotten comfortable with its leads over competitors. Wrong Actions, Mis-Actions.

How HR Can Help Managers To Become Better Leaders

Tanveer Naseer

You aren’t likely to be affected by any team bias or prejudice, and probably find it easy to remain objective about the organization’s short-term and long-term needs. The best leaders, on the other hand, use strategic skills to achieve both short-term and long-term goals.