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Private Equity’s New Phase

Harvard Business

These buy outs shifted agency from owners to managers; “corporate raiders” worked with high-yield debt to fund these turnarounds. In phase three, PE firms are not simply holding companies waiting to dispose of the property, nor are they operating companies seeking to integrate their acquisitions into an existing business.

Talent 28
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The First Step to Fixing U.S. Manufacturing

Harvard Business

Past work by McKinsey found that inefficiencies in manufacturer-supplier interactions add up to roughly 5% of development, tooling, and product costs in the auto industry. Similar inefficiencies affect other industries as well, and they are likely to multiply as manufacturers seek to expand product portfolios and reduce turnaround times.

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We Interviewed 57 Female CEOs to Find Out How More Women Can Get to the Top

Harvard Business

But what if there were a way to make breakthrough progress by applying research-based tools and strategies to boost these numbers faster? They were four years older, when compared with benchmark data, before becoming CEO and brought more-diverse functional and industry experience to the position.

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Reflecting on David Garvin’s Imprint on Management

Harvard Business

I’ll fast-forward through the next decade, when Garvin, trained in operations, helped to answer the question much of America was obsessed with at the time: How Japanese automakers could make higher-quality, more-reliable cars than Americans, while charging less for them.