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

MARCH 14, 2014

Right away, the senior management team converts its PowerPoint decks into a road show that explains the strategy, develops a comprehensive implementation plan, sets up a program management office, establishes steering committees, assigns roles, and even starts restructuring. But after six months the plan starts to falter.

Strategy 8

Strategy Restructuring Committee Short-term 8

Harvard Business Review

JANUARY 30, 2017

A weak salesperson will weaken a sales territory, a bad sales manager will damage their team and dampen results in their region, and a poor sales leader will eventually ruin the entire sales force. A medical device company hired a vice president of sales with an intimidating management style. He ruled by fear.

Restructuring 8

Restructuring Health Care Self-aware Short-term 8

Harvard Business Review

MAY 1, 2018

We wrote about our adventure nearly a year ago in The Atlantic, but as we thought more about our interaction with Tejon Ranch’s managers, we realized there were valuable lessons that we wanted to share with the corporate leaders who are likely to confront the risk of an activist campaign. The team was polite and respectful.

CEO 8

CEO Real Estate Long-term Short-term 8

Harvard Business Review

SEPTEMBER 26, 2011

The stock market is short-term-oriented. Stock-based incentive compensation aligns the self-interest of management with shareholders, and a performance-based pay system increases employee motivation. In my experience, these beliefs have led managers and boards to take actions that have had unintended, destructive consequences.

CEO 15

CEO Short-term Long-term Restructuring 15

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. They wind up maintaining course without appropriately considering emerging risks, debating alternative scenarios, or exploring new courses of action.

Groupthink 8

Groupthink Team Consensus Christensen 8

Harvard Business Review

MAY 28, 2015

Managers constantly try to fit new market needs to existing processes and routines. The Future of Operations. The latter are troublesome because the knowledge base and skills required to operate in the new realm are so fundamentally different. More importantly, managers need to monitor the tool innovation roadmap.

Technology 8

Technology Depreciation Christensen Short-term 8

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. The only questions the circle should avoid are what to do about current operational problems.

Leadership 9

Leadership Diversity Committee Long-term 9

Harvard Business Review

MARCH 12, 2018

What happened to being rewarded for consistent, quality work over the long-term? His biceps were visible under his t-shirt and his short hair was still wet from exercise. And it’s unclear if a person’s athletic progress can do anything to mitigate the effects of short-termism (i.e.

CEO 8

CEO Company Sports Fashion 8

Harvard Business Review

FEBRUARY 9, 2015

The debt becomes much more difficult to manage and cynicism corrodes the functioning of the society. That means strengthening regulation where some businesses are putting competitive pressure on others by skimping on safety, by denying workers basic benefits, or by operating with dangerous degrees of leverage.

Class 8

Class Outsourcing Long-term Short-term 8

Harvard Business Review

SEPTEMBER 20, 2016

Two of the civil engineers that Hari had been managing—Preeti Das and Tuli Khanna—had stepped up. But he wasn’t sure that his young team could keep the business thriving if he took his focus off day-to-day operations. You don’t need him anymore.” “And you’re all in favor of rehiring Hari?

Case Study 8

Case Study Real Estate Travel Consultative 8

Harvard Business Review

NOVEMBER 19, 2013

Innovation consultancies tend to have a preferred methodology for working with their clients, such as human centered design (also called ‘design thinking,’ popularized by IDEO, Continuum, Frog Design and others), Lean Start-up, or analytical models used by large management consulting firms.

Innovation 8

Innovation Company Entrepreneur Constraint 8

Harvard Business Review

MARCH 20, 2017

Managers have a tendency to belittle the people we see as “resistant to change” – the employees who don’t change fast enough. Yet for all its innovation, Amazon’s approach to managing its money has changed little in 20 years. It is to ask of change in any one area of the business: At what pace?

Short-term 8

Short-term Drucker Resistance Restructuring 8

Harvard Business Review

SEPTEMBER 13, 2018

Planning has long been one of the cornerstones of management. Early in the twentieth century Henri Fayol identified the job of managers as to plan, organize, command, coordinate, and control. The capacity and willingness of managers to plan developed throughout the century. Jon Feingersh/Getty Images. The Fayol legacy lingers.

Agility 15

Agility Planning Fayol Strategic Planning 15

Harvard Business Review

MAY 1, 2017

So, in real terms, debt financing is essentially free. See More Videos > See More Videos > To elaborate, a company’s intrinsic equity value reflects the long-term cash flows that shareholders expect to receive over time, discounted at the appropriate risk-adjusted cost of equity capital.

ROE 12

ROE Long-term GDP Six Sigma 12

Harvard Business Review

MAY 10, 2013

As noted management expert Geoffrey Moore told me with respect to high-velocity competition, "I''m not sure you ever want to be in the public markets." As Dell''s public statements have pronounced, these changes will reduce near-term profitability, raise operating and capital expenditures and involve a lot of risk.

Venture Capitalist 8

Venture Capitalist Restructuring Competitive Advantage Short-term 8

Harvard Business Review

FEBRUARY 14, 2011

To forestall unrest, Jordan's King Abdullah II removed his cabinet , and Yemen's President Ali Abdullah Saleh has committed to leave at the end of his term. Consultants came to their assistance with solutions to short-term concerns ranging from moving out cash to halting expansion plans.

Strategy 13

Strategy Politics Short-term Long-term 13

Harvard Business Review

SEPTEMBER 1, 2017

Our company, Frontier Strategy Group, recently polled 20 Latin America general managers about Venezuela’s contributions to their regional revenues. Companies such as Chevron, Valero Energy, and Phillips 66 are still betting on Venezuela’s market for long-term profitability. Exodus of Multinationals.

Sharpe 8

Sharpe Price Politics Supply Chain 8