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Don’t Be Tyrannized by Old Metrics

Harvard Business

Many business leaders are fond of the spurious Peter Drucker quote that “you can’t manage what you can’t measure.” While effective metrics are essential for focusing attention and achieving results, they can also overpower better sense. But these metrics can become tyrants.

Metrics 28
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The Impact of Carbon Taxation on Supply Chains in China

Comatch

It is often also a management decision to be proactive and become a competitive company that spends resources wisely to build shareholder value in the long run. Green finance is becoming increasingly dominant, as long-term investors see environmental risk management as a fundamental success factor in securing long-term returns.

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Can Index Funds Be a Force for Sustainable Capitalism?

Harvard Business

All investment practices will consider environmental, social, and governance (ESG) metrics because some of those metrics are financially material, meaning decision-useful pieces of information. In both cases, social and environmental metrics matter for the business’s financial success.

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How to Build a High Trust Work Culture

LSA Global

The Center also found that production of the chemical oxytocin – sometimes known as the “cuddle hormone” or the “love hormone” – is stimulated in the brain when you have a sense of a higher purpose and trust. The Neuroscience of Trust. Happiness on the job is a result of purposeful work with a trusted team.

Culture 28
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Bots Won’t Just Help Us Buy Stuff. They’ll Help Us Become Better Versions of Ourselves

Harvard Business

Selvesware invites workers and managers to digitally amplify their talents and attributes, while monitoring and minimizing weaknesses. Simply put, selvesware helps people identify, manage, and measurably improve their best, most productive selves. Require networked KPI dashboards for multiple selves management and oversight.

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7 Ways to Improve Operations Without Sacrificing Worker Safety

Harvard Business

The culmination was an incident at an insecticide plant in LaPorte, Texas, where, as a result of a basic process safety management failure , an extremely toxic chemical—methyl mercaptan—was released and two workers were overcome. With inadequate equipment , others rushed in to save their colleagues. ” It worked.

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A Refresher on Discovery-Driven Planning

Harvard Business

” Discovery-driven planning has since become a staple in business schools’ entrepreneurship curricula and a go-to technique for those who manage innovation. In short, too many firms used conventional planning to manage their new ventures. Since then, they have taught the concepts to thousands of students and managers.