Harvard Business

SEPTEMBER 23, 2016

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

Metrics Retail Sales Automotive 28

Harvard Business

NOVEMBER 23, 2017

The strategy-to-execution gap is an enduring problem with no easy solution. ” In their seminal HBR piece , Paul Leinwand, Cesare Mainardi, and Art Kleiner outlined what senior leaders must do to close the strategy-to-execution gap. Translate strategy into everyday processes and capabilities. Hulton Archive/Getty Images.

Strategy 36

Strategy Strategy Strategy& Enterprise 36

Effective Managers

JUNE 9, 2021

Management consulting is a very young profession, especially when you compare it to professions like medicine and accounting. According to the latest research from 2016, as much as 78% of the global management consulting spend is within the boundaries of North America and Europe. The management consulting profession also took a hit.

Consulting 52

Consulting Enterprise Industry Leadership 52

Tom Spencer

MAY 26, 2023

Therefore, it’s time for companies to recognize that CSR isn’t just a “nice to have”, it’s a critical component of a successful business strategy. Measurable Impact Partnering with a non-profit that has measurable metrics for success is crucial to ensuring that the partnership has a meaningful impact.

Financial 88

Financial Metrics Examples Operations 88

Harvard Business

NOVEMBER 7, 2017

” When leaders “execute a strategy,” they usually mean the former — putting an idea into action. Execution is often where strategies go to die. So what determines whether execution brings life or death to your strategy? .” On the other, it means, “the carrying out of a death sentence.”

Strategy 33

Strategy Strategy Strategy& Metrics 33

Harvard Business

NOVEMBER 13, 2017

General Electric, Microsoft, ExxonMobil, Walmart, and CitiGroup — all were businesses led by managers who were experts in efficiency and optimization and who grew their businesses by making them work better than they had previously. Use New Metrics. Fast forward to the present, and the list looks strikingly different.

Management 28

Management Enterprise Metrics Efficiency 28

LSA Global

APRIL 4, 2018

Good Strategy Execution. There is not really any secret to good strategy execution…it’s really just a matter of applying some good common sense. But you’d be surprised at how many companies fail to succeed at strategy implementation of even very well crafted corporate strategies. 90% Failure Strategy Execution Rate.

Cash Flow 34

Cash Flow Strategy Strategy Strategy& 34

Comatch

JUNE 21, 2022

With so much to worry about, some executives have been slow to place sustainability at the forefront of their strategy. For example, in 2020, the CEO of BlackRock (the world’s largest asset manager) announced that they would divest from all organizations that have significant sustainability risks. Enhanced Carbon Management.

Trends 52

Trends Finance Recruiting Recruitment 52

Comatch

JUNE 21, 2022

With so much to worry about, some executives have been slow to place sustainability at the forefront of their strategy. For example, in 2020, the CEO of BlackRock (the world’s largest asset manager) announced that they would divest from all organizations that have significant sustainability risks. Enhanced Carbon Management.

Trends 52

Trends Finance Recruiting Recruitment 52

Kates Kesler

NOVEMBER 29, 2015

There are only so many ways to design enterprise structure. Companies do not become more global just because they have added worldwide product and brand teams, or global functions and councils, to manage centrally driven growth strategies and programs. Unc ertainty is unnerving for most of us.

Enterprise 50

Enterprise Metrics Operations System 50

Harvard Business

OCTOBER 23, 2017

Data science is becoming a reality for change management, and although it may not have arrived yet, it is time for organizations to get ready. Although predictive models for change management are still a ways off, organizations can get themselves on the right path by adopting the right tools and capturing the right data.

Change Management 28

Change Management Data Company Management 28

Kates Kesler

AUGUST 11, 2014

By the 1990s, emerging supply chain leaders were earnestly building the art and science of managing trade-offs and optimizing value for the enterprise. This ensures that the right decisions are made for the enterprise as a whole. In part, they may not have an accurate understanding of the problem to be solved.

Enterprise 62

Enterprise Metrics Exercises Operations 62

Kates Kesler

JULY 2, 2015

Even P&G announced its intention to shed more than 50 percent of its brands “in order to simplify the way we organize and manage the company” (Byron 2014). Have conglomerates and diversified companies under-performed because of failures in enterprise strategy? As organization designers this trend intrigues us.

Enterprise 50

Enterprise Operations Agile Metrics 50

Kates Kesler

SEPTEMBER 9, 2013

If execution of strategy is the goal, then the organization is a means to that end. We suggest three ways to build organization muscle: Design…the organization (structure, roles, processes, metrics, and talent profiles) against the capabilities. We find it useful to have executive committee members sponsor enterprise capabilities.

Enterprise 62

Enterprise Organizational Development Metrics Development 62

Harvard Business

OCTOBER 13, 2016

As Marc Benioff, founder of Salesforce.com has noted , “When I look at [our] largest transactions…every transaction was done with the CEO [and] that’s why we’re selling more enterprise software than Oracle or SAP.” Manage each minute. How many have the required business acumen and enterprise knowledge?

Strategy 28

Strategy Strategy Strategy& Hotels 28

Harvard Business

AUGUST 9, 2016

By Matt Lawson, Managing Director, Ads Marketing at Google. Does Your Company Have a Data Science Strategy? To deliver on it, enterprise marketers need a new approach to measurement that shows them the entire customer journey and lets them see what’s working at each step along the way. That’s a tall order.

Marketing 28

Marketing Metrics Enterprise Data 28

Harvard Business

JULY 19, 2017

To successfully transform to a more agile enterprise, companies must make conscious choices about where and how to become agile. Based on our experience working with these teams, we recommend senior teams do the following if they want to become more agile: Treat your enterprise priorities as a managed backlog. Systematic Inc.,

Agile 28

Agile How To Enterprise Metrics 28

Kates Kesler

FEBRUARY 11, 2013

His overarching legacy now seems self-evident for contemporary organization design: First, structure must follow strategy. Second, there is an appropriate place for both centralization and decentralization in large enterprises. The tasks at hand are daunting: Innovation will require sophisticated collaboration across the enterprise.

Automotive 50

Automotive Industry Enterprise Metrics 50

CaseInterview.com

FEBRUARY 7, 2019

While it sometimes seems that everyone wants to get into the top 3 strategy consulting firms McKinsey, Boston Consulting Group (BCG), and Bain & Company (Bain), also known as MBB , it's worth noting that there are several other top consulting firms that can give a career a real boost. PricewaterhouseCoopers (Strategy&).

Oliver Wyman 81

Oliver Wyman Boston Consulting Group Consulting Bain 81

Kates Kesler

JUNE 11, 2014

Our sports-apparel CEO had the right idea in challenging his team to think about the organization and ask: are we fit for growth, given our strategies going forward? At a glance, the study revealed these themes: There is no common pattern for a ‘best organization design’ regardless of size, strategy, or industry.

Apparel 82

Apparel Healthcare Enterprise Chemicals 82

Harvard Business

OCTOBER 30, 2018

.” As data proliferates across the enterprise, this observation by Nielsen is rendered even more relevant, because data represents the unlit fuel that has the potential to light the darkness, but which often lacks the spark of analytics that enables us to see. Seek creativity and curiosity.

Data 28

Data Methodologies Enterprise Guidelines 28

Harvard Business

MAY 7, 2018

A lean startup approach, we are told, can empower big companies to innovate rapidly and effectively in the face of continual disruption, potentially even transforming enterprises into centers of continual new growth. Sponsored by Accenture Strategy. paul garbett for hbr. Competing in the Future. They need what we call a growth board.

Enterprise 32

Enterprise Methodologies Accenture Meeting 32

CaseInterview.com

DECEMBER 11, 2019

I find strategy concepts that I would typically use in the business realm are often surprisingly useful when moved to determine a strategy for one’s life and vice versa. One idea, in particular, I’ve been thinking about over the years is developing a strategy to “win” as opposed to one designed to avoid loss.

System 74

System Strategy Strategy Strategy& 74

Harvard Business

SEPTEMBER 7, 2017

But traditional metrics might underestimate the impact of digital, leaving companies vulnerable to aggressive competitors or pure-play disruptors. Many managers are missing digital signals that could help them better compete. Managing against this measure is essential for all businesses that want to survive and grow.

Metrics 28

Metrics Airlines Comparison Methodologies 28

Harvard Business

AUGUST 7, 2018

Why is it that when a group of managers gets together for a strategic planning session they often emerge with a document that’s devoid of “strategy”, and often not even a plan ? ” The latter is a list of actions interspersed with a sprinkling of desired results, all utterly useless in terms of strategy.

Case Interview 50

Case Interview Groups Small Business Examples 50

Consulting and Organizational Management

APRIL 11, 2010

In contrast, are the consultants who highly value strategies, structures, plans and policies. Many of them have extensive experience in management. Management consulting purist, might argue that improving performance and metrics should be the sole focus of my role. Career Management. Crisis Management.

Consulting 40

Consulting Emotional Intelligence Management Organizational Development 40

Management Consulted

NOVEMBER 2, 2015

Interestingly, KPMG is the only one of the Big 4 that has not yet acquired a boutique strategy firm. Business Process Management. Change Management. Enterprise Solutions. Talent Management. Senior Manager. Keep your eyes open, though – deal talks are rumored. KPMG CONSULTING KEY STATS. Outsourcing.

Interviews 100

Interviews Culture Consulting Case Interview 100

Harvard Business

FEBRUARY 16, 2018

And 71% of senior managers view them as unproductive. In a meticulous inventory, we calculated the hours spent in meetings by directors and above across the enterprise (a population of about 500). Together, standing meetings should synchronize the entire organization in a meeting cadence that executes strategy and delivers results.

Meeting 34

Meeting How To Government Finance 34

Harvard Business

APRIL 6, 2017

Of course, people do use existing comms and social software to manage quality information and close relationships — the beloved chat app Slack is widely used by couples and families, for example. But Slack is generally aimed at the enterprise market and doesn’t specialize in intimate relationships.

Media 30

Media Metrics eBook Software 30

Harvard Business

JUNE 14, 2016

Disclosure: I was at the meeting as a paid speaker on sustainability strategy.). As Kern put it, “We always manage costs so closely, but we weren’t really measuring energy — we didn’t know how much we spent! When Cisco rolls out the sensors globally, these savings will add up. Insight Center.

Energy 28

Energy Company Operations Metrics 28

Harvard Business

NOVEMBER 12, 2018

The challenge of running a sustainable enterprise has taken center stage among shareholders. And at many companies, sustainability efforts are measured with well over 10 internal metrics. Compensation committees often start by tying bonuses and long-term incentives to goals related to compliance and risk management.

How To 30

How To Metrics Survey Accenture 30

Harvard Business

JUNE 18, 2018

.” They encouraged companies to go beyond CSR (corporate social responsibility) and integrate social impact into companies’ competitive strategy. And in 2011, Nathaniel Foote and Russ Eisenstat proposed a “better way to manage in the 21st century.” “We talk purpose at the highest level strategy meetings.

Marketing 32

Marketing Metrics Healthcare Company 32

LSA Global

MARCH 4, 2019

In order to drive cross-functional initiatives forward, you may need to establish a culture of collaboration that will be better aligned with your strategy. How committed and capable are they to change their own behaviors, success metrics and reward systems to support cross-functional collaboration? And Why Would You Care?

Culture 28

Culture Company How To Metrics 28

Harvard Business

MAY 8, 2017

In a study of S&P 500 and Global 500 firms, our team found that those leading the most successful transformations, creating new offerings and business models to push into new growth markets, share common characteristics and strategies. We then narrowed the list to 18 finalists using three sets of metrics: New growth.

Methodologies 43

Methodologies Culture Metrics Company 43

Harvard Business

MAY 5, 2016

Aggravated and depressed by the decline of their core memory business in the 1980s, Intel’s top management struggled for strategic clarity. Brutally put, the 21st-century enterprise challenge has morphed from “doing more for less” to “creating much more with much less.” Profitable customers matter most.

Enterprise 28

Enterprise Metrics Retail Productivity 28

Harvard Business

APRIL 19, 2016

And while this equation seems simple enough on the surface, the strategies for optimizing it have evolved dramatically over the last two decades. My strong hypothesis is that we’re focusing on the wrong kind of productivity — and, in turn, the wrong kind of management. This difference matters. This is a big number.

Productivity 28

Productivity Enterprise Data Tools 28

Harvard Business

MARCH 31, 2017

After all, if you’re trying to sell a product or strategy, you need to be able to demonstrate that it is both practical and high margin. Here are some strategies to improve your financial intelligence. ” Focus on key metrics. That metric is often expressed in the form of a ratio. Overcome your fears.

Finance 28

Finance Balance Sheet How To Metrics 28