Harvard Business

NOVEMBER 15, 2018

hospitals and health systems experienced an average 39% reduction in their operating margins from 2015 to 2017. Cost reduction requires an honest and thorough reassessment of everything the health system does and ultimately, a change in the organization’s operating culture. PM Images/Getty Images. ” Clearly, more is needed.

System 37

System Management Nonprofit Operations 37

Harvard Business

AUGUST 8, 2018

As chief executive from 1972 to 1994, Richard Gelb (HBS, 1950) orchestrated Bristol-Myers’ acquisition of Squibb and transformed the firm from a personal care company to a diversified pharmaceutical giant. ” The thinking on diversification later changed, turning into skepticism in the 1970s and outright criticism in the 1980s.

Research 45

Research Education Pharmaceuticals Finance 45

Harvard Business

NOVEMBER 29, 2018

In this article, I’d like to share the insights we’ve gleaned from the model’s first full year of operation, which hopefully organizations in health care and many other industries will find useful. On the business side, the escalation process has provided improved visibility into operations.

System 39

System Healthcare Metrics Operations 39

LSA Global

APRIL 18, 2017

Borders began as a standard bricks-and-mortar bookstore in Michigan in 1971 and grew to employ almost 20,000 workers before it ceased operations in 2011. Here are a few examples from decades of change management consulting projects of now-defunct organizations that, in order to avoid disaster did not. Autopsy #1 – Borders. What do you think?

Change Management 34

Change Management Management Film Pharmaceuticals 34

Harvard Business

OCTOBER 6, 2016

And fifth, while these companies do have leadership “programs,” they are embedded in the business, and HR does not operate alone. .” They are inclusive and create an environment where everyone can speak up, so problems are brought to the surface quickly.

Leadership 45

Leadership Deloitte Culture Pharmaceuticals 45

Harvard Business

NOVEMBER 30, 2017

A few outlier industries (notably pharmaceuticals, medical devices, and computers) prop up the sector’s aggregate performance; most others have experienced flat growth or outright declines in real GDP over the past two decades. Policy can help through measures like capital access programs, business accelerators, or tax incentives.

McKinsey 28

McKinsey Turnaround Pharmaceuticals Benchmarking 28

Harvard Business

NOVEMBER 7, 2017

If CVS and Aetna were to follow this reasoning, they would need to show that integrating Aetna’s insurance arm with CVS’s Caremark pharmacy-benefit arm would increase their efficiency and lead to lower cost of health care for consumers. CVS and Aetna will argue that they will avoid such fights if they are under common ownership.

Insurance 28

Insurance Insurance B2B Pharmaceuticals 28

MishTalk

OCTOBER 8, 2013

Last week, the FBI shut down the underground website known as "Silk Road" and confiscated the bitcoin wallet of Ross Ulbricht, the site operator, on drug charges. With that background, please consider the Extreme Tech report FBI unable to seize 600,000 Bitcoins from Silk Road operator. Escrow accounts were not as protected.

Pharmaceuticals 77

Pharmaceuticals Industry Operations Chemicals 77

Harvard Business

APRIL 19, 2016

Imagine the changes afoot in the pharmaceutical, medical device, automotive, and consumer electronics industries. Each of the potential business benefits of 3D printing carries tax implications that could alter the equation for any anticipated operating efficiency or return on investment. Are there operations you would shed?

Intellectual Property 28

Intellectual Property Automotive Analysis Pharmaceuticals 28

Management Consulted

APRIL 6, 2014

While PwC is a global brand in the professional services industry, each member firm in various locations around the world are locally owned and operated and subject to the laws of their geographic jurisdictions (which makes sense, because some countries require this of accounting firms). Pharmaceuticals & Life Science. Industries.

PricewaterhouseCoopers 221

PricewaterhouseCoopers IBM GBS Case Interview Interviews 221

Harvard Business

JUNE 20, 2017

Innovation demands new behaviors from leaders and employees that are often antithetical to corporate cultures, which are historically focused on operational excellence and efficiency. Prasad, CEO of Dr. Reddy’s, a 33-year-old global pharmaceutical company headquartered in India that produces affordable generic medication.

Culture 53

Culture Company Enterprise Leadership 53

Harvard Business

JUNE 3, 2016

It includes changes in how an organization interacts with its customers, citizens, or patients; in operational processes; in business models; in supply chain relationships; and in how employees use information to generate insight. Operations in a Connected World. Insight Center. Sponsored by Accenture.

Tools 28

Tools Construction System Retail 28

Harvard Business

JANUARY 5, 2018

In sales-driven companies (think pharmaceuticals and industrial equipment), they are often field sales managers who direct dozens of salespeople in the highest-volume regions. These are jobs in R&D, technology, and other areas vital to a firm’s strategic direction, product development, and process efficiency.

Talent 28

Talent McKinsey Apparel Sales 28

Harvard Business

OCTOBER 23, 2017

In a project for a pharmaceutical company, we were able to isolate the specific information sources that drove positive and negative sentiment toward the client’s brand. Organizations often seem obsessed by measuring fractional shifts in operational performance, capturing data on sales, inventory turns, and manufacturing efficiency.

Change Management 28

Change Management Data Company Management 28

Harvard Business

DECEMBER 23, 2016

” Members from each partner organization rate the alliance in areas related to strategic fit, operational fit, and cultural fit. Eli Lilly and Company measures the health of its alliances with a “Voice of the Alliance Survey.” Conflict in each of these areas is interconnected and is found in every alliance.

Productivity 28

Productivity Survey Resources Training 28

Harvard Business

DECEMBER 22, 2016

On December 7, Portland, Oregon, passed a law that will impose a surcharge on the local business taxes paid by corporations that operate in the city when the CEO’s compensation is 100 times or more the median earnings of the company’s employees. public corporations must file with the U.S.

Exercises 28

Exercises Report Pharmaceuticals Financial 28

Harvard Business

JUNE 16, 2016

“But here, we can operate within the time frame of the next coffee break.” Manufacturers, on the other hand, value safety just as much as performance, so that they don’t have to add extra shielding to the battery that increases weight and diminishes overall efficiency. Dr. Mukesh V.

Government 28

Government Research Journal Biotechnology 28

Harvard Business

DECEMBER 5, 2016

Several organizations for whom we had worked or had researched used a technique we call “innovation communities” to structure strategic conversations so that they’re both efficient and effective. These diverse groups of volunteer employees work across organizational boundaries and outside of their regular operational duties.

Strategy& 28

Strategy& Strategy Strategy Analysis 28

Harvard Business

NOVEMBER 28, 2017

Profit rewards the creation of products that consumers want, the effective marketing and distribution of those products so consumers can get them, and the efficiency with which a firm accomplishes these tasks so it can offer a better deal than competitors. But what this conclusion neglects entirely is the incentive value of profit.

Company 28

Company Productivity Efficiency Operations 28

Harvard Business

SEPTEMBER 5, 2016

Operating decisions are almost entirely decentralized. Nearly all of these practices run counter to conventional banking wisdom, which holds that to be efficient a bank must consolidate operational activities and centralize decision making on matters like pricing and lending. The case of Svenska Handelsbanken is illustrative.

Management 28

Management Banking Pharmaceuticals Productivity 28

Harvard Business

JUNE 12, 2018

In some specialized industries, such as pharmaceuticals , monitoring consumer behavior can be a legally mandated part of post-purchase experiences, with the ultimate goal of vigilance for brand and consumer safety (such as tracking adverse drug reactions).

Data 28

Data Media Guidelines Travel 28

Tsavo Neal

JANUARY 25, 2018

This is an efficient way to re-purpose your content and create more value out of what you’ve already produced. The secondary benefits included the ability to double down on doing one (or a few) thi0ng repeatedly, getting more efficient at it and effectively increasing my hourly rate. Speaking Engagements. How Steward works.

Consulting 68

Consulting Advertising Case Interview Conference 68

Harvard Business

JULY 20, 2017

This is the challenge for all kinds of disruptors, whether in the auto industry, pharmaceuticals, service industries, or healthcare. We often observe a wide-ranging set of initiatives and investments operating independently, and in some cases, even competitively. Much of corporate venturing today is fragmented and ad hoc.

Productivity 46

Productivity Automotive Industry Healthcare 46