Wakeman Consulting Group: Dave's Blog

JANUARY 1, 2023

I’ll broaden my scope of attention a bit more by continuing to focus on strategy even though I know there will continue to be numpties that will say, “we don’t do strategy” or “that’s not how we operate”. There is a lesson for all of us in Barnes and Nobles’ turnaround: “If you want to sell music, you have to love those songs.”.

Sports 59

Sports Marketing Travel Turnaround 59

Harvard Business

JULY 2, 2018

It is most definitely not for big, old-line companies that are facing an existential crisis and require a full-scale turnaround. None of these conditions exists in extreme events such as natural disasters, terrorist attacks, major military battles — or large-scale business turnarounds. It’s for techies.

Turnaround 41

Turnaround Agile Operations System 41

Harvard Business

AUGUST 9, 2016

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

Talent Real Estate Financial Operations 28

Harvard Business

MAY 25, 2016

This includes all non-quota-carrying roles in the organization: customer-facing support, sales operations and administration, and sales management. We found that the levels of operations and administrative support are what matters most. Sales support is critical.

Sales 40

Sales ROI Efficiency Operations 40

SkillQuo

AUGUST 16, 2017

In fact, ‘supertemps’ – highly qualified freelance individuals who work on short-term contracts for companies have been growing not just in the C-suite, but in many various business departments – some carry out niche, specific jobs, like managing large turnarounds or sales while some just fill a much needed managerial space.

SMB 60

SMB Enterprise Talent Efficiency 60

Harvard Business

NOVEMBER 22, 2016

An example is The North Face, which is experimenting with its Fluid Expert Personal Shopper tool, powered by IBM’s Watson, to provide customers with a more intuitive search experience through a natural language capability. Read more from Cognizant: What Consumers Want Online Now from Their Health Care Plans. Start small.

Insurance 28

Insurance Insurance Industry Turnaround 28

1 to 1

AUGUST 18, 2021

With post-pandemic online shopping increasing and deals running longer and earlier, consistent quality and service levels are essential to keep operations running smoothly and customers happy. Intelligent automation solutions such as these improve CX and drive bottom-line results, reduce average turnaround time, and resolve issues anytime.

Retail 26

Retail Strategy Strategy Strategy& 26

Harvard Business

AUGUST 11, 2017

In phase 3, successful portfolio transformations require financial discipline that is not an event, but a pattern; strategic clarity that is not a direction, but a commitment; operational excellence that is not a tool, but a mindset. Once a firm is acquired, the LCP often facilitates the transformation process.

Leadership 28

Leadership Talent Culture Turnaround 28

Harvard Business

NOVEMBER 30, 2017

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.

McKinsey 28

McKinsey Turnaround Pharmaceuticals Benchmarking 28

Harvard Business

JUNE 15, 2017

Leading a turnaround requires much more than making a splash. In an age obsessed with the latest competencies, talent signals, and talent identification tools, it is easy to forget the basics, namely that a leader’s experience is a pivotal determinant of his or her effectiveness. Experience (still) matters.

Turnaround 28

Turnaround Leadership Case Study Case Studies 28

Asamby Consulting

AUGUST 30, 2022

This articles outlines how to build a company wiki: Understand if and why you need a wiki Define the goals for your wiki Choose the best tool to house your wiki Define the structure Start creating and compiling content Keep your wiki used and up to date Why do I need a wiki for my company? That's easiest to achieve with a digital tool.

Company 52

Company How To Tools Process Improvement 52

Harvard Business

MAY 20, 2016

Smart companies understand that workspaces are a business tool. The New York headquarters housed over a third of its workforce, including developers, the sales team, operations, and leadership. Since its 2005 founding, the marketing company had grown to over 1,100 employees.

Exercises 38

Exercises Meeting Real Estate Survey 38

Harvard Business

NOVEMBER 8, 2017

But what if there were a way to make breakthrough progress by applying research-based tools and strategies to boost these numbers faster? Turnarounds play to many women’s strengths — particularly if they are challenge- and risk-seekers — including their desire to solve problems and make a difference.

Interviews 28

Interviews Benchmarking Case Interview Talent 28

Harvard Business

SEPTEMBER 8, 2016

After studying and working with hundreds of companies in free fall, we’ve identified concrete steps that leadership teams can take to engineer successful turnarounds and transformations. Since Knudstorp took over, Lego’s revenues have increased by 400%, and its operating profit margin has increased from -21% to 34%.

Company 28

Company How To Turnaround Engineering 28

Harvard Business

MAY 18, 2017

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.

Management 32

Management Turnaround Engineering Benchmarking 32

Harvard Business

DECEMBER 22, 2016

Obama nominated Robert McDonald , an Army veteran and experienced executive who had honed his leadership skills during a 33-year career at Proctor and Gamble, to attempt the difficult turnaround. On July 30, 2014, exactly 13 months after retiring as P&G’s Chairman and CEO, McDonald was sworn in as the Secretary of Veterans Affairs.

Culture 28

Culture Leadership Resources Healthcare 28