HR Digest

MARCH 23, 2023

You want to inform the employee that they are being laid off due to reasons such as company restructuring or budget cuts. Layoff due to restructuring. Sincerely, Grace OPTION 2: LAYOFF DUE TO RESTRUCTING A sample layoff email to communicate a restructuring layoff with empathy and clarity. Layoff due to economic downturn.

Letter 98

Letter Politics Restructuring Sample 98

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. The answer to all of those questions and more can be found in technology. As it turns out, many of these remote jobs were better than the daily commute to the office and more productive for all involved.

Franchising 139

Franchising How To Restructuring Teamwork 139

HR Digest

FEBRUARY 18, 2024

If your initial reaction is to feel overwhelmed by these updates, then consider the role of an average employee who is more likely to be replaced more permanently through job cuts and organizational restructuring efforts. You might be able to help both the employees and yourself find some balance by fully understanding the role of HR.

Trends 109

Trends Efficiency Learning-by-Doing Tools 109

Great Leadership By Dan

SEPTEMBER 26, 2019

Grundfos, the Danish water pump manufacturer, is among the legacy organizations that have intentionally restructured their rewards systems to boost innovation. For example, helping clients stay up to speed with technological upgrades of products is critical to maintaining the organization’s market share.

System 161

System Innovation Restructuring Short-term 161

HR Digest

APRIL 25, 2023

Even top performers can have periods of low productivity, but if the problem persists, it can become a concern for employers. Downsizing or Restructuring This can lead to the departure of top talent, even if they are good performers. Companies may need to cut costs, restructure departments, or downsize to remain competitive.

Restructuring 52

Restructuring Policies Skills Teamwork 52

In the CEO Afterlife

DECEMBER 7, 2014

Optimists favor ‘ doing more with more ,’ placing bets that higher sales and profits will pay for the added investments in headcount or technologies; we’ve all been there at one time or another. A long time ago, this ethic saved a near-bankrupt company that I had a part in restructuring. Sure, there will be a fallout.

Human Resources 183

Human Resources Restructuring Competitive Advantage Marketing Strategy 183

HR Digest

JANUARY 9, 2021

What sorts of “insight” are expected from technologies? The notable industrialists Taylor and the Gilbreths formulated plans to understand worker productivity. These industrialists looked for logical methods to distinguish and portray ideal bodily movements for ideal productive behaviors through work designs.

How To 111

How To Due Diligence Leadership Pipeline Stress 111

HR Digest

DECEMBER 5, 2022

Companies are now restructuring with measures such as layoffs and hiring freezes as they enter the last phase of the boom-bust cycle. By October, the work had dried up and so did the postings for tech recruiters which had now fallen to about 2,500, according to figures by ZipRecruiter.

Engineering 64

Engineering Industry Software Tools 64

Coaching Tip

APRIL 23, 2014

Clearly, regulatory restructuring on a global scale is underway. As a result, executives are being tasked to optimize their enterprise''s organizational structures, to enhance product and service delivery models, and to blaze new paths to unmatched market reach. We have entered a new commercial age.

Reference 121

Reference Execution Chief Executive Officer Books 121

HR Digest

OCTOBER 13, 2023

Agile HR can be defined by its principles of responsiveness that encourage restructuring of work to facilitate immediate feedback, planning, and action. Product Owner : Represents the stakeholders, defines the product backlog (features, enhancements, and fixes), and prioritizes items. Let’s explore the concept in more detail.

Agility 59

Agility Short-term Reference Examples 59

Strategy Driven

JANUARY 12, 2024

Finance digital transformation involves leveraging cutting-edge technologies for better operational efficiency and enhanced strategic decision-making. This can be done in various ways, including automating processes, restructuring how tasks are completed, and minimizing the amount of time employees spend on non-productive activities.

Finance 110

Finance Technology BPM Company 110

LDRLB

SEPTEMBER 12, 2013

Ajay is a technologist and business strategist who often obsesses over issues that range from the impact of technology on disruptive business models to entrepreneurship and impact investing. LG has devised payment subscription plans that makes its products affordable. [Editor''s Note: This is a guest post from Ajay Swamy.

Competitive Advantage 154

Competitive Advantage Prahalad Blue Ocean Strategy Glocalization 154

HR Digest

NOVEMBER 4, 2023

Whether it’s a fresher role or one that requires experience, Qualee reports that it takes a new hire approximately eight months to reach their full productivity. Without hitting full productivity, employees often move on to the next opportunity, leaving companies to restart the hiring and onboarding process.

Process 59

Process Attrition Trends Training 59

Strategy Driven

FEBRUARY 25, 2011

Gerald Adolph is a New York-based Senior Partner with Booz & Company with a specialty in strategy and operations for technology-driven businesses. His work primarily focuses on assisting clients with growth strategy, new business development, and industry restructuring. To read Paul’s complete biography, click here.

Restructuring 62

Restructuring Newsletter Strategy Technology 62

Strategy Driven

MARCH 4, 2011

Gerald Adolph is a New York-based Senior Partner with Booz & Company with a specialty in strategy and operations for technology-driven businesses. His work primarily focuses on assisting clients with growth strategy, new business development, and industry restructuring. To read Paul’s complete biography, click here.

Restructuring 56

Restructuring Newsletter Strategy Technology 56

Strategy Driven

FEBRUARY 18, 2011

Gerald Adolph is a New York-based Senior Partner with Booz & Company with a specialty in strategy and operations for technology-driven businesses. His work primarily focuses on assisting clients with growth strategy, new business development, and industry restructuring. To read Paul’s complete biography, click here.

Restructuring 56

Restructuring Newsletter Strategy Technology 56

Strategy Driven

FEBRUARY 11, 2011

Gerald Adolph is a New York-based Senior Partner with Booz & Company with a specialty in strategy and operations for technology-driven businesses. His work primarily focuses on assisting clients with growth strategy, new business development, and industry restructuring. To read Paul’s complete biography, click here.

Restructuring 56

Restructuring Newsletter Strategy Technology 56

Strategy Driven

MARCH 11, 2011

Gerald Adolph is a New York-based Senior Partner with Booz & Company with a specialty in strategy and operations for technology-driven businesses. His work primarily focuses on assisting clients with growth strategy, new business development, and industry restructuring. To read Paul’s complete biography, click here.

Restructuring 50

Restructuring Newsletter Strategy Technology 50

Harvard Business Review

SEPTEMBER 12, 2023

Technological advances and increasingly sophisticated ways of gathering and analyzing data are changing both the kinds of products and services companies can offer and are increasing competitive pressures. To meet the moment, this article argues that organizations may need to change the way they operate to innovate.

Innovation 27

Innovation Technology Operations Article 27

The Practical Leader

OCTOBER 10, 2011

New Technology. Improving Efficiency/Productivity. Organizational Restructuring/Building. Keeping up with Technology. In their case, the biggest internal changes they identified were: Leadership/Culture Development. Sales Training/New Business Development. Succession Planning/Generational Change. Customer Service.

Video 56

Video Restructuring Brainstorming Morale 56

QAspire

OCTOBER 13, 2010

Home Go to QAspire.com Guest Posts Disclaimer The Quest of Better Outcomes: Hierarchy And Process In quest of better outcomes (efficiency, results, productivity, improvements etc.), a lot of companies focus on restructuring their organization structure (hierarchy). Most re-orgs I have seen don’t produce results.

Process 130

Process Deming Restructuring Efficiency 130

Marshall Goldsmith

DECEMBER 16, 2013

Restructuring has led to fewer layers of management, also to fewer opportunities for promotion. Innovative high-technology corporations are currently paying employees large bonuses to recruit top talent. The decline in opportunities for promotion. . In most companies, pay scales are still tied directly to rank, not performance.

Bureaucracy 151

Bureaucracy Intellectual Capital Kotter Telecommunications 151

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. Why are older incumbent firms slow to adopt new technologies even when the economic or strategic benefits are clear?

Technology 8

Technology Depreciation Christensen Short-term 8

Harvard Business Review

JUNE 19, 2015

Wearable technologies, implanted devices, and smartphone apps allow continuous monitoring and create a ubiquitous, 24/7, digitized picture of your health that can be accessed and analyzed in real-time, anywhere. Technological advances based on the Bartender model will also push the boundaries of healthcare into new retail frontiers.

Technology 8

Technology Retail Apparel Customer Loyalty 8

The Practical Leader

APRIL 17, 2024

Their unique products and growing revenues were papering over many huge cracks and barely holding them together. They hired consultants and launched a series of restructuring and improvement projects in warehouse and shipping logistics, branding, renovating stores, revamping product lines, customer service training, IT systems, and the like.

Teamwork 97

Teamwork Restructuring Project Micromanagement 97

Strategy Driven

JULY 5, 2023

This might involve tough decisions like restructuring or letting go of less profitable product lines, but such changes can lead to a more robust business post-crisis. This could mean exploring new markets, investing in technology to improve efficiency, or upskilling your staff to handle a broader range of tasks.

Finance 104

Finance Crisis Management Crisis Management 104

Harvard Business Review

MARCH 8, 2017

Like the internet, cryptocurrencies such as Bitcoin are driven by advances in core technologies along with a new, open architecture — the Bitcoin blockchain. Like the internet, in the early stages of development there are many competing technologies, so it’s important to specify which blockchain you’re talking about.

Banking 19

Banking Media Decentralization Technology 19

Harvard Business Review

OCTOBER 5, 2012

Rather, they are boldly restructuring every function in their organizations to boost their firms' long-term ability to deliver affordable and sustainable solutions to increasingly cost-conscious and eco-aware consumers. By "good enough," we don't mean stripped-down versions of existing high-end products.

CEO 15

CEO Innovation Restructuring Incentives 15

Harvard Business Review

SEPTEMBER 11, 2017

There is no burden on those who proposed a new idea or technology to talk to customers, build minimal viable products, test hypotheses or understand the barriers to deployment. Most importantly, minimal viable products and working prototypes will have been tested. As the head of the U.S. Segments of the U.S.

Process 13

Process Innovation Incubator Committee 13

Harvard Business Review

APRIL 25, 2016

Intel’s restructuring announcement last week describes its plans to reduce headcount by 12,000, or 11% of its workforce, and to seek growth in markets such as the Internet of Things (IoT) and Data Center Processing. Three lessons stand out – lessons that every technology company should heed.

Marketing 8

Marketing Competitive Advantage Technology Restructuring 8

Harvard Business Review

JUNE 1, 2016

And although there have been real gains in productivity since then, the days of A, B, and C tasks are over. How to Boost Your Team’s Productivity. 9 Productivity Tips from People Who Write About Productivity. Overwhelmed is the new normal. You and Your Team Series. Getting More Work Done. Rebecca Knight.

Restructuring 8

Restructuring Seminar Productivity Products 8

Harvard Business Review

AUGUST 30, 2012

Understand your customer's buying cycle better, and you can target your mailings and product offerings more effectively. It a powerful tool for identifying innovations, especially with the opportunities for data gathering afforded by smart technologies and social media. Take Fenwick , a leading forklift truck manufacturer in France.

Marketing 15

Marketing Restructuring Brand Analysis 15

Harvard Business Review

OCTOBER 4, 2017

Previous research has suggested that a primary driver of this job polarization is something called routine-biased technological change (RBTC), an unfortunate mouthful whereby new technologies substitute for repetitive, middle-skill jobs and complement analytical, high-skill jobs. labor market over the past 30 years.

Skills 8

Skills Sample Technology Depreciation 8

Harvard Business Review

JULY 17, 2018

Today’s young professionals grew up in an age of mind-boggling technological change, seeing the growth of the internet, the invention of the smartphone, and the development of machine-learning systems. He wrote a short document titled Good Product Manager/Bad Product Manager and used it to train his team on his basic expectations.

Skills 14

Skills Morale Ethics System 14

Harvard Business Review

DECEMBER 4, 2018

It also hurts the brands sold inside the stores, which in part explains why consumer product giants like Procter & Gamble are seeing their sales stagnate for products like Tide detergent, Gillette razors, Pampers diapers, and Crest toothpaste. Maxx and Marshalls—which compete aggressively on price. Price competition hurts.

Brand 11

Brand Retail Incubator Merchandising 11

Harvard Business Review

JANUARY 9, 2018

My recent paper , coauthored with Naoshi Ikeda and Sho Watanabe of Tokyo Institute of Technology, empirically tests this quiet life hypothesis with Japanese data. Do managers really work less hard without competition and monitoring? Left to their own devices, do managers really prefer the quiet life?

Restructuring 8

Restructuring Management Marketing Incentives 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 52

Resources Industry System Strategy 52