Remove 2015 Remove Benchmarking Remove Productivity Remove Strategy
article thumbnail

Why CEOs Can’t Dance Redux

Rick Conlow

By not dancing, CEOs cost their companies billions of dollars of lost employee innovation, productivity, and customer service. In the 1940’s, Peter Drucker praised the company for its product decentralization but criticized it, even back then, for treating employees as a feudal cost center rather than a base of knowledge and potential.

article thumbnail

3 Steps to Cultivate an Innovation Culture

Organizational Talent Consulting

The proven benefits of innovation include: increased competitive advantage improved operational productivity reduced costs and increased revenue improved commercial value enhanced problem-solving One modern innovation that is impressive to watch is SpaceX's reusable Falcon 9 (watch the video below). References: Beswick, C., Bishop, D., &

Culture 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Your Whole Company Needs to Be Distinctive, Not Just Your Product

Harvard Business

Ever since the idea of strategy came to the business world in the early 1960s, the goal of differentiation has been paramount. To them, the unit of differentiation is an individual product, service or brand. It’s not the output that sets you apart, but the way that everything you do supports the product and gives it context.

article thumbnail

Pettis on Strains in China's Banking System; Avoiding the Fall

MishTalk

The fact that rates were cut, even though many reformers within the administration were very much opposed, exemplifies the challenges that Beijing will face in 2015. We are going to see this argument replayed many times in 2015. In either case they reduce consumption demand relative to production.

Banking 71
article thumbnail

What's Behind the Plunge in Oil? Winners and Losers? Boon to Spending or Recessionary?

MishTalk

Explaining the Plunge in Oil Slowing global economy, especially China and Europe US production expansion OPEC pumping above quotas – they all cheat Iran embargo failing Increased fuel economy Attitudes of millennials towards cars and driving I give heaviest weight to number one, but they all cascade. No conspiracy theories needed.

Energy 77
article thumbnail

Diving Into the Payroll Report: Wages Rebound (But Don't Get Too Excited), Revisions, Huge Jump in Labor Force

MishTalk

The annual benchmark process also contributed to these revisions. at 62.9 - Household Survey January 2015 Employment Report Please consider the Bureau of Labor Statistics (BLS) November 2014 Employment Report. Average hourly earnings of production and non-supervisory private workers rose $0.07 Let''s look at this another way.

Report 28
article thumbnail

Digital Transformation Is Racing Ahead and No Industry Is Immune - SPONSOR CONTENT FROM DXC TECHNOLOGY

Harvard Business

A 2014 study from Constellation Research quantified the accelerating rate of change in the enterprise by examining a simple benchmark — the entry and exit of U.S. The digital economy is making significant contributions to global gross domestic product (GDP), outpacing global growth by 400 percent.