Remove 2001 Remove Finance Remove Operations Remove Short-term
article thumbnail

Is Leadership Development the Answer to Low Employee Engagement? (Yes.)

N2Growth Blog

A 2001 study by the Hay Group indicated a 2.5x We chase short-term wins. They go after short-term wins and cannot lift their heads high enough to glimpse the future. It is important to develop these apps, and the techniques associated with applying them, but what about the operating system that runs them?

article thumbnail

Performance Appraisal & Rewards in Response to COVID-19

HR Digest

And the lessons from most recent events in the last 20 years like the relatively mild swine flu (H1N1) in 2009, the dot-com bubble of 2001, and the 2008-09 Great Recession, are nowhere near suitable to withstand the social and economic impacts of the COVID-19 pandemic. Spanish flu). A Sustainable Reset: Key Stages of Action.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Shaping Performance & Rewards in Response to COVID-19

HR Digest

And the lessons from most recent events in the last 20 years like the relatively mild swine flu (H1N1) in 2009, the dot-com bubble of 2001, and the 2008-09 Great Recession, are nowhere near suitable to withstand the social and economic impacts of the COVID-19 pandemic. Spanish flu). A Sustainable Reset: Key Stages of Action.

article thumbnail

Make Agility Part of Your Process

Harvard Business Review

We believe that organizations need to explicitly develop two parallel management systems: the operational system that manages the short-term execution of work — what we call the "Surface System," and a second system that focuses externally on sensing and driving strategic change — what we call the "Deep System."

article thumbnail

Apple, Don't Weaken the Garden Walls

Harvard Business Review

In their piece, they observe the following: In the short term, however, the current team might actually outperform in the absence of its mercurial and stubborn mentor. In 2001, BusinessWeek published an article entitled "Sorry, Steve: Here's Why Apple Stores Won't Work." what would happen to Apple without Steve Jobs.

article thumbnail

The Real Reasons Companies Are So Focused on the Short Term

Harvard Business Review

Some argue that profits are stagnant because of short-termism—that decades of focusing on current profits over long-run innovativeness has resulted, now, in companies that are hollowed out. Most attempts to combat short-termism are flawed because they focus on changing CEO behavior through some combination of pleading and incentives.

article thumbnail

Finally, Proof That Managing for the Long Term Pays Off

Harvard Business Review

Companies deliver superior results when executives manage for long-term value creation and resist pressure from analysts and investors to focus excessively on meeting Wall Street’s quarterly earnings expectations. We’ve seen companies such as Unilever, AT&T, and Amazon succeed by sticking resolutely to a long-term view.