In the CEO Afterlife

DECEMBER 7, 2014

A long time ago, this ethic saved a near-bankrupt company that I had a part in restructuring. To rise from the ashes, our young management team made several tough sacrifices to transform a multi-product, multi-brand operation from generalist to specialist. Specialists beat generalists – always have, always will.

Human Resources 183

Human Resources Restructuring Competitive Advantage Marketing Strategy 183

Strategy Driven

AUGUST 23, 2021

Refit and Restructure: The most effective way of attracting employees in the wake of Coronavirus is to offer remote work. As it turns out, many of these remote jobs were better than the daily commute to the office and more productive for all involved. You will need to change things and make some adjustments but it can easily be done.

Franchising 139

Franchising How To Restructuring Teamwork 139

Great Leadership By Dan

OCTOBER 19, 2017

Signs of a Lemming Leader: Use of jargon: Do you use the terms restructuring, high reliability, six sigma, just culture, strategic sourcing, population health, or employee engagement in your organization? If you are trying to make your operation more efficient, then say so. “To The trappings: Look in your driveway.

Six Sigma 209

Six Sigma Storytelling Peer Review Open-book 209

Strategy Driven

JULY 23, 2020

Businesses, from large corporations and MNCs to small companies and startups, are forced to make significant operational and structural changes. It is an attractive and feasible solution to maintain operations and productivity in the immediate future. GDPs are plummeting, and unemployment rates are rising worldwide.

Restructuring 66

Restructuring Entrepreneur Crisis Operations 66

The Horizons Tracker

JULY 13, 2020

Similarly, the researchers believe that layoffs don’t necessarily reflect the quality of the firm’s offering, in the way that product-harm crises inevitably do. Therefore, the firm has control over things like the timing, the location, and how the layoffs are communicated.

Advertising 95

Advertising Automotive Restructuring Price 95

In the CEO Afterlife

FEBRUARY 5, 2011

When I was a young product manager back in the ’70s, the only people I could talk to about brands were my colleagues in the marketing department and the advertising agency. Now my accountant, my lawyer, my portfolio manager and even my neighbour talk to me about brands.

Magazine 100

Magazine Brand Article Marketing 100

Marshall Goldsmith

DECEMBER 16, 2013

The new work contract – where employees take responsibility for their own careers and corporations provide them with career-enhancing but impermanent opportunities – can be as difficult for organizations to manage as it is for individuals. We must manage our human assets with the same rigor we devote to our financial assets.

Bureaucracy 151

Bureaucracy Intellectual Capital Kotter Telecommunications 151

Strategy Driven

JULY 5, 2023

In this in-depth exploration, we will delve into tips and strategies to manage your small business finances during a crisis and emerge more resilient than ever. Understanding these vulnerabilities is the first step towards effective crisis management. Proactive Debt Management A crisis often necessitates taking on additional debt.

Finance 93

Finance Crisis Management Crisis Management 93

Strategy Driven

JANUARY 12, 2024

The innovations are endless, from peer-to-peer payments to automated portfolio managers and trading platforms. Finance digital transformation involves leveraging cutting-edge technologies for better operational efficiency and enhanced strategic decision-making. FinTech companies are putting a new twist on financial concepts.

Finance 99

Finance Technology BPM Company 99

Deming Institute

JUNE 9, 2015

Deming’s 14 points for management have been put into various specific contexts by people over the years. Restructure training. Provide operational definitions of all jobs. Supervision belongs to the system and is the responsibility of the management. Improve supervision.

Deming 28

Deming Health Care Restructuring Crisis 28

Harvard Business Review

NOVEMBER 8, 2011

However when this happens it often creates an awkward and uncomfortable set of dynamics, and there's no blueprint for how to manage them. Here's an example*: Peter was the divisional CFO for the consumer unit of a global products company. When Sarah left, Operations also was reconfigured.

Management 12

Management Restructuring CFO Operations 12

Strategy Driven

OCTOBER 16, 2013

They learned and practiced how to communicate effectively and resolve conflicts, build teams to succeed, lead meetings that didn’t waste time, lead change that would stick, walk the talk with our organizational values, and finally how to engage and manage our talent. High quality service was not a value before we started.

Leadership 63

Leadership Training Peer Review Budgeting 63

Harvard Business Review

NOVEMBER 30, 2018

Capital-intensive factories have a high-fixed-cost, low-variable-cost operating model. If you greatly reduce the production volume, the cars that do come out have to absorb more of the fixed costs, and that eventually sends the product into a profitability death spiral. When and how are the best ways to do it?

Restructuring 10

Restructuring Fixed Costs Consensus Operations 10

Harvard Business Review

JUNE 2, 2015

managers , he said the proportion of U.S. firms with structures organized around customers would grow from 32% to 52% as firms raced to build customer-centric organizations, and he interviewed companies including IBM and Systems Group that had announced customer-centric restructurings. In his 2006 survey of U.S.

Restructuring 8

Restructuring Company Henderson Health Care 8

Strategy Driven

MARCH 18, 2011

PL and CM: Coherent companies – those that possess a capabilities system that aligns their strategy with their product/service portfolio – generate superior performance over time, which is what we call the coherence premium. SD : What is the ‘coherence premium?’. SD : What does it mean to have a ‘right to win?’.

Resources 51

Resources Industry System Strategy 51

Harvard Business Review

AUGUST 9, 2016

The types of private equity firms and the approaches to managing these firms has evolved over the last 40 years through three general phases. These buy outs shifted agency from owners to managers; “corporate raiders” worked with high-yield debt to fund these turnarounds. Large private equity firms (e.g.,

LBO 8

LBO Restructuring Real Estate Leveraged Buy-out 8

Harvard Business Review

FEBRUARY 8, 2012

To deliver more value, the human resources function needs to spend more time accelerating operational improvement and less time on its traditional administrative and compliance activities. Bring people into HR with extensive operational improvement experience. Exactly how can HR accelerate process improvement?

Process 13

Process Compliance Operations Human Resources 13

Harvard Business Review

APRIL 29, 2014

Click the arrow below to find out where all those hours went: Some of that time was productive, no doubt. How companies can use time effectively is just one piece of a larger and ultimately more important puzzle: how to increase the productivity of their people. That’s where managing your scarcest resource comes in.).

Human Capital 11

Human Capital Restructuring Committee Comparison 11

Harvard Business Review

DECEMBER 1, 2016

” In other words, they practice an entirely new model of management. Our research, which we call the “digital DNA,” identified 23 new management practices CEOs should consider, focusing on empowerment, experimentation, collaboration, data, and speed. We call this operating structure the “network of teams.”

CEO 8

CEO Metrics Leadership Business Model 8

CO2

JUNE 29, 2010

And perhaps more importantly, anyone occupying a position of authority plays a followership role at times, as first-line supervisors report to mid-level managers, mid-level managers report to vice-presidents, vice-presidents report to CEOs, CEOs report to Boards of Directors, etc.

Executive Coaching 129

Executive Coaching Execution Blog Self-aware 129

Harvard Business Review

FEBRUARY 11, 2011

As well as helping me understand how hard it is to run an organization, they show me how they are managing to adapt — or not — to changing organizational structures. Worse, organizations rarely show people how to operate in a new structure, which can also undermine effectiveness.

Restructuring 15

Restructuring Operations Consultative Retail 15

Harvard Business Review

JULY 17, 2018

For example, the original Google car found it hard to compute the context within which it was operating. Even with the advanced capabilities of AI products such as Amazon’s Alexa, machines are rudimentary in their ability to understand the emotional tenor of a person, meeting, or organization. Emotional competence.

Skills 14

Skills Morale Ethics System 14

Harvard Business Review

JANUARY 26, 2016

As more people move to urban areas, cities face ever more economic and environmental challenges, including resource constraints, economic restructuring, aging populations, and pressures on public finances. According to Lucid, building managers can realize significant energy savings purely from operational measures.

Content 8

Content Efficiency Energy Finance 8

Harvard Business Review

APRIL 5, 2017

While a laudable effort in principle, measuring a company’s tendency to make myopic operating and investing decisions is fiendishly complex. But the other indicators probably pick up legitimate differences in how companies in the sample operate, as opposed to whether they are myopic.

EPS 8

EPS Metrics Depreciation Short-term 8

Harvard Business Review

JULY 28, 2016

Technology has emerged as a competitive weapon in driving operational excellence and superior service quality. From my practice working with bank clients in the continent, here are a few suggestions to make that happen: Restructure staff. Most still put marketing managers in nice cars to look for clients.

Banking 8

Banking Industry Disintermediation Offshoring 8

Harvard Business Review

MAY 28, 2015

Technologies like 3-D printing, robotics, advanced motion controls, and new methods for continuous manufacturing hold great potential for improving how companies design and build products to better serve customers. Managers constantly try to fit new market needs to existing processes and routines. The Future of Operations.

Technology 8

Technology Depreciation Christensen Short-term 8

Harvard Business Review

DECEMBER 27, 2016

For example, Google’s restructuring into Alphabet highlighted just how much the company is spending on new businesses, from self-driving cars to space exploration and more. Amazon Web Services’ success strengthens Amazon’s retail business by building scale and world-class abilities in computing and large data management.

Company 11

Company Supply Chain Retail Bureaucracy 11

Harvard Business Review

NOVEMBER 24, 2015

This shift demands that businesses manage and operate so that they can attract the right people, retain them, and ensure they can do their best work. New ways to improve business productivity, flexibility, and agility are no longer just nice to have: They are essential for the modern workplace.

Real Estate 8

Real Estate Technology Restructuring Competitive Advantage 8

Harvard Business Review

FEBRUARY 2, 2016

We thought that creative, capability-rich companies would have paid a lot of attention to the way they organized and the value that restructuring gave them. Some of the first business functionaries were railroad telegraph operators who managed schedules. The functional model of organization dates back to the 1850s.

Development 8

Development Supply Chain Incentives Outsourcing 8

Harvard Business Review

JANUARY 23, 2014

A few years ago Dave Ulrich, a management thought leader from the University of Michigan, made a comment I found both insightful and profound: “ Every leader needs to have a model of organization design.” An effective organization design model guides a manager in answering five fundamental questions in a thoughtful and well-integrated way.

Ulrich 8

Ulrich Cost Efficiency Consultative 8

Harvard Business Review

MAY 5, 2016

Aggravated and depressed by the decline of their core memory business in the 1980s, Intel’s top management struggled for strategic clarity. They see disrupted incumbents from retail, finance, health care, transportation, professional services, and manufacturing requiring radical restructuring of assets, productivity , and innovation.

Levitt 8

Levitt Disaggregation Kaizen Call Center 8

Harvard Business Review

SEPTEMBER 9, 2015

The essence of the phenomenon is the fact that each stage in the supply chain plans its capital projects and operations, including inventory levels, based on its future expectations. Macroeconomic data during the 2008 financial crisis show the bullwhip effect operating on a much broader scale. For example , U.S.

Supply Chain 8

Supply Chain Retail Crisis Operations 8

Harvard Business Review

DECEMBER 10, 2015

Many of us are familiar with the hazards of Groupthink - when teams or organizations operate on autopilot and feel a general false sense of invulnerability. Set up the debate with scenarios such as: Our organization’s technology, products, strategy, or business model will be obsolete within x years.

Groupthink 8

Groupthink Team Consensus Christensen 8

Harvard Business Review

SEPTEMBER 1, 2011

to the revolution in Libya, from the continuing economic upheaval to Steve Jobs announcing his resignation as CEO of Apple and to HP restructuring their business, and from earthquakes to hurricanes and floods, each event is yet another chink in our sense of stability and control of the environment around us. From News Corp.

Uncertainty 14

Uncertainty Politics Restructuring Technology 14

Harvard Business Review

JUNE 23, 2016

The senior commercial and scientific directors formed a “circle of leaders” comprised of 23 senior managers who had no meaningful history of collaboration on strategic initiatives. Or the circle might ask what new products or services the company could capably provide to maneuver into an entirely new marketplace.

Leadership 10

Leadership Diversity Committee Long-term 10

Harvard Business Review

MAY 21, 2018

In my experience leading and managing teams over two decades, I’ve found that job personalization — that is, fitting jobs to employees rather than fitting employees to jobs — is one of the best ways to maximize engagement. We ideated constantly. We had several pushbacks and failures.

Creativity 9

Creativity Restructuring PR Mentor 9

Harvard Business Review

MAY 24, 2013

P&G is in the midst of a major restructuring, and has laid off thousands of people. P&G''s board has been under a great deal of pressure from an activist investor who has made his views on the pace of the restructuring clear and vocal. But new products or categories that might be in the pipeline don''t spring up overnight.

P&L 8

P&L Restructuring Price CEO 8