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Business Book Review: Lords of Strategy

Management Consulted

This week’s post is on Lords of Strategy - written by Walter Kiechel III , a journalist for 30 years, serving as an editor of Fortune and editorial director of Harvard Business Publishing. It was interesting to know that private equity firms are among the largest clients of the strategy consulting giants.

Strategy 139
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Does Your Team Hoard Information?

Harmonious Workplaces

Strategy from Shared Data In today’s fast-paced business environment, effective strategic management stems from data-informed decision-making. Increased Efficiency and Productivity: Knowledge sharing helps avoid duplication of effort and allows for more efficient processes. DOI: 10.1002/job.2152. Robbins, S. P., & Judge, T.

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1 Strategy to Avoid Tolerating Poor Performance

Organizational Talent Consulting

Research studies have linked effective performance management with positive individual and organizational outcomes such as increased productivity, decreased employee turnover intentions , reduced absenteeism, improved operational efficiency, reduced costs, and improved customer satisfaction. Consequences of Tolerating Poor Performance.

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(Re)Designing the HR Organization (Kates, Human Resource Planning, 2006)

Kates Kesler

Human Resource Planning, 2006. At the same time, a focus on cost-cutting and efficiency aimed at staff functions in general—and at HR in particular—has pushed much HR transactional work into shared services or to outsourced vendors. Many HR functions have gone through the process of transformation over the past decade.

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How to Solve Your Talent Challenge (Creatively)

Organizational Talent Consulting

At BASF, chemical production sites are highly interlinked product flows resulting in efficient uses of resources. For too long, organizations have approached talent management with ad-hoc talent strategies. What if you developed a verbund talent strategy? We make a lot of the products you buy better.". McKinsey & Co.

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The Best Companies Know How to Balance Strategy and Purpose

Harvard Business

Before the iPhone was introduced, in 2007, Nokia was the dominant mobile phone maker with a clearly stated purpose — “Connecting people” — and an aggressive strategy for sustaining market dominance. In 2006 alone, Nokia introduced 39 new mobile-device models. The Gap Between Strategy and Execution.

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Japan Tells Firms "Stop Sitting on Cash", Ignore the Lack of Customers

MishTalk

Okumas clients "are not investing, not even to raise efficiency, so we are not investing either," he says. or financial instrument, or to participate in any particular trading or investment strategy. December 2006 (29). November 2006 (20). October 2006 (17). September 2006 (20). August 2006 (37).