Remove 2017 Remove Management Remove Metrics Remove Training
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When Companies Should Invest in Training Their Employees — and When They Shouldn’t

Harvard Business

companies spent over $90 billion dollars on training and development activities in 2017, a year-over-year increase of 32.5 %. Training is useful at times but often fails, especially when it is used to address problems that it can’t actually solve. Worse, it could have backfired, making management look out of touch.

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Purchasing Managers Have a Lead Role to Play in Cyber Defense

Harvard Business

There is a crying need for companies to enlist their supply chain management departments in the fight against cyberattackers. firms in 2017 were launched through the IT systems of suppliers or other third parties such as contractors, up from less than one-quarter of attacks in 2010. Hold supply managers accountable.

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Why Character Matters in Leadership

Organizational Talent Consulting

Evidence from workplace studies on the benefits of character suggests that leaders with high character scores outperform others on company performance metrics. Training helps create character muscle memory making the right decision automatically. Defining moments: When managers must choose between right and right. Crossan, M.,

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How a U.S. Health Care System Uses 15-Minute Huddles to Keep 23 Hospitals Aligned

Harvard Business

A core challenge of management is to ensure that the organization’s priorities, strategies, and metrics are consistently embraced and that any impediments are identified and addressed quickly. Metrics that are reported daily, such as “units at capacity.” CAPTION TEXT HERE/Getty Images.

System 38
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Nearly Half of Companies Say They Don’t Have the Digital Skills They Need

Harvard Business

In PwC’s 2017 Global Digital IQ Survey, 52% rated their digital IQ as strong. Jump ahead to 2017, and that same metric is just 18%. In fact, a recent report from the Pew Research Center revealed that employment is going up faster in roles that require higher levels of education and training. Insight Center.

Company 40
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Fostering Employee Innovation at a 150-Year-Old Company

Harvard Business

Most importantly, cutting across all these initiatives, we created the network of senior and mid-level managers to connect and inspire people to get engaged in innovation. A manager might be struggling with an overly complex process or a new digital competitor. Building an agile network. Extending the network. Three key insights.

Company 40
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When It Pays to Collaborate with Competitors at Work

Harvard Business

Managers in an up-or-out organization are expected to advance. It’s why companies like Colorcon and Deloitte are giving their performance management systems an overhaul. Doug embraced this idea and, in turn, explained how his company was using metrics and working group meetings to compel tangible advances in each inspection area.