HR Digest

OCTOBER 17, 2020

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. Household income and savings are ultra-low in most global markets.

Short-term 52

Short-term Committee Incentives Long-term 52

Women on Business

DECEMBER 24, 2010

These estates were set to owe no taxes because tax law passed by the Bush Administration in 2001 and 2003 gradually increased the estate tax exemption over ten years while lowering the estate tax rate, and allowed for the estate tax to disappear completely in 2010. So at least in the short term, we have a solution to the estate tax dilemma.

Press Release 202

Press Release Discount PR Magazine 202

Harvard Business Review

JULY 2, 2015

Many companies start their search for global growth in an alphabet soup of emerging-market groupings such as the BRIC , CIVETS , MINT , Next 11 , and so on. There are several flaws in using such acronyms as the basis for entering overseas markets. Thus, most groupings may be valid only in the short run. Is that smart?

Marketing 8

Marketing Benchmarking Globalization Construction 8

Harvard Business Review

MAY 31, 2018

A 2014 global survey of more than 600 C-suite executives and directors, conducted by the non-profit Focusing Capital for the Long Term (FCLT), reported that two-thirds of those surveyed said pressure for short-term results had increased over the previous five years. And short-term thinking since that survey has not abated.

CEO 8

CEO Short-term Long-term McKinsey 8

Harvard Business Review

NOVEMBER 28, 2013

By all measures, emerging markets are having a tough year. However, multinationals still expect their emerging market portfolios to deliver robust growth and increasing profits based on the memory of their performance in recent, more bullish years. Let’s see how this story is playing out in the different emerging market regions.

Marketing 8

Marketing GDP Automotive Supply Chain 8

Ask Atma

SEPTEMBER 13, 2012

Short-term adaptability and rapid response strengthen long-term planning. Consider this statement of values from the original authors of the agile manifesto (Beedle, et al; 2001): I. We think clearly and adapt quickly to customer/market needs (aka reality). We adapt quickly and effectively to changes in the market.

Agility 71

Agility Project Software Short-term 71

Harvard Business Review

SEPTEMBER 17, 2018

Development economists over the ages have puzzled about why some emerging economies perform much better than others over the long term. The short answer we find from our research is: No. Indeed, it is much harder for this plethora of emerging-market firms in the outperforming countries to get to the top and then stay there.

Depreciation 8

Depreciation Long-term Short-term GDP 8

Harvard Business Review

OCTOBER 20, 2016

But if the purpose of the company is its long-term survival, then one could make the argument that he was a failure as CEO, as he optimized short-term gains by squandering long-term opportunities. Great short-term gains but long-term prospects that are far less compelling. The result?

CEO 8

CEO Supply Chain Long-term Short-term 8

Harvard Business Review

AUGUST 23, 2018

In addition to signaling a strong economy, a tight labor market typically improves job prospects for groups with fewer skills and less experience, including teens. Even more worrisome has been the decline, since 2001, in the share of teens participating in the labor force. Here is what we’ve found: Short-term program impacts.

Short-term 8

Short-term Participative Long-term Career 8

Harvard Business Review

SEPTEMBER 27, 2011

There are some notable examples of CEOs with courage: In the days following September 11, 2001, Southwest Airlines did not follow its many competitors and lay off tens of thousands of people, thereby keeping intact its record of never having a layoff, or furlough, and building its market share. As former Procter & Gamble CEO A.

CEO 14

CEO Benchmarking Long-term Banking 14

Harvard Business Review

JANUARY 17, 2013

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."

Agility 8

Agility Process Long-term Short-term 8

Harvard Business Review

MAY 20, 2016

” In 2001 Schillinger landed a position in France at the vaccine maker. She decided to leave her organization and founded Lightspan Digital, a digital marketing company based in Chicago that specializes in social media, email, and content marketing. ” Life is short. “I will not fall into complacency.

Career 13

Career Short-term Human Resources Long-term 13

Harvard Business Review

OCTOBER 4, 2017

labor market over the past 30 years. However, studies dating back to Joseph Schumpeter’s coinage of the term “ creative destruction ” suggest that adjustments to technological change may be more episodic. In boom times, companies may face adjustment costs that deter them from adapting to technological change.

Skills 8

Skills Sample Technology Depreciation 8

Harvard Business Review

JANUARY 8, 2015

The chart may appear to show merely that Cisco’s patent filings lagged its R&D spending by three years, but in fact the decline in spending and the rise in patents were part and parcel of a deliberate strategic shift by the company in 2001. So what was going on?

Innovation 8

Innovation Parcell Wireless Competitive Advantage 8

Harvard Business Review

OCTOBER 30, 2017

Over a period of years, every GE senior manager would learn the lean startup methodology, and GE would be the showcase for how modern companies use entrepreneurial management to transform culture and drive long-term growth. During Immelt’s tenure, GE’s stock market value fell by about half. Innovation at GE was on a roll.

Ries 8

Ries Long-term Short-term Price 8

Harvard Business Review

AUGUST 21, 2012

Recently published reports on the slips and stumbles of two much-heralded companies provide a close look at some of the internal dynamics that can undermine optimal decision-making and effective execution — even within organizations that have a history of market-leading performance.

Long-term 15

Long-term Short-term Engineering Price 15

Harvard Business Review

DECEMBER 13, 2017

This has been a remarkable year for the markets. 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. MirageC/Getty Images. The S&P and the Dow indexes are up 18% and 19%, respectively.

Short-term 8

Short-term Decentralization Company Trends 8

Harvard Business Review

APRIL 20, 2016

One came from a Bell Labs article on the Borland Quattro Pro team , suggesting that short daily team meetings increased group productivity dramatically. In 2001, 17 developers who called themselves “organizational anarchists” met in Snowbird, Utah, to share their ideas. Meanwhile, agile methodologies continued to evolve.

Agility 8

Agility Nonaka Takeuchi Innovation 8

Harvard Business Review

OCTOBER 6, 2011

Furthermore, these actions are taken seemingly without regard to the consequences for the community, the employees, the survival of the company as an institution, or the creation of long-term firm value. Investors favorably receive projects with long-term payoffs, particularly those in research and development. billion in revenues.

Restructuring 8

Restructuring Long-term Short-term Leadership 8

Harvard Business Review

JANUARY 11, 2017

The companies that are most vocal about environmental and social issues tend to be big, mass-market brands — well-known retailers , consumer products giants , and tech firms that are telling a new story to consumers who increasingly care about sustainability. I’ll then discuss some of LVMH’s challenges.

Supply Chain 8

Supply Chain Payback Period Brand Energy 8

Harvard Business Review

AUGUST 15, 2011

vision of financial world order; as Time magazine reported, he was "bursting with hubris over its booming equity markets and its just-announced 5.6% Mahathir stood his ground, not just at Davos but in the financial markets, by refusing the IMF's aid, reducing Malaysia's interest rates, and restricting currency trading.

Banking 13

Banking ROE Self-aware Proposal 13

Harvard Business Review

MARCH 12, 2018

” Whether in marketing or sales, it often feels like jobs are contingent on external circumstances, the whims of executives, strategic pivots, and shareholder demands. What happened to being rewarded for consistent, quality work over the long-term? There is perhaps one place where this paradigm still exists: the gym. .

CEO 8

CEO Company Sports Fashion 8

Harvard Business Review

SEPTEMBER 27, 2013

And after that, when China and India’s spectacular growth in the first decade of the new millennium proved Rohwer right in spades, he wasn’t around to say I told you so because he’d died (in a sailing accident) in 2001.

Globalization 9

Globalization GDP Politics Long-term 9

Harvard Business Review

SEPTEMBER 26, 2011

I studied IBM and HP (and your former company, eBay) for my 2001 book, Evolve. Put other people forward, especially current HP executives who know more than you do about the technology and markets. Set short-term achievable goals, and keep your promises. IBM's shift to software and services occurred in the 1990s.

Tips 12

Tips CEO Software Drucker 12

Harvard Business Review

OCTOBER 6, 2015

In a vacuum, a particular idea might work for a specific drug, but only if it focuses on isolated factors and ignores the long-term context of treatment, different types of treatment, and multiple (often subjective) aspects of value. But the problem is obvious: excessively high prices that defy market forces.

Price 8

Price Health Care Proposal Cost 8

Harvard Business Review

FEBRUARY 7, 2017

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.

Long-term 8

Long-term EPS Short-term Management 8

Harvard Business Review

JULY 13, 2017

And second, we are able to link it to firms’ productivity and several measures of labor market policies. Given the number of unicorn firms in Silicon Valley, it might be tempting to think that tech companies are the ones running ahead in terms of productivity, while firms in more traditional sectors are left behind.

Products 12

Products Productivity Policies Bottom-up 12

Harvard Business Review

DECEMBER 12, 2016

His horizon was exceedingly long-term. Then came the September 11, 2001, attacks, followed by fully-fledged economic crises in the U.S. A natural reaction would have been to obey the short-term signals and retrench and, indeed, that’s what most of our competitors did, dismissing up to 50% of their staffs.

Management 8

Management Uncertainty Crisis Short-term 8

Harvard Business Review

JANUARY 15, 2014

Ciena CEO Gary Smith, the company’s CEO since 2001, describes how his company survived, regrouped, and resumed its growth. SMITH: I’d joined in 1997, around the time it went public, and became CEO in 2001. They pointed out that we were a very young company, but our market value was $45 billion—more than the entire U.S.

Industry 8

Industry CEO Long-term Short-term 8

Harvard Business Review

SEPTEMBER 21, 2011

A market segment can be characterized broadly (women 25-34) or specifically (women in an early career phase who are newly-married and starting a family). But when is the optimal time to think about a situation in terms of its small details? And when does it make more sense to focus on the bigger picture ?

Word of Mouth Marketing 14

Word of Mouth Marketing Transportation Market Segmentation Advertising 14

Harvard Business Review

SEPTEMBER 4, 2015

Innovation is widely regarded as important to long-term business performance. In the pharmaceutical industry, short patent lives for prescription drugs mean companies must continually look for new drugs to fill their pipelines. For the rest, we found that other factors besides innovation drove strong shareholder returns.

CEO 8

CEO Innovation Pharmaceuticals Merchandising 8

Harvard Business Review

JANUARY 7, 2014

Not long after Alan Greenspan stepped down as Federal Reserve chairman in 2006, global financial markets began to unravel. Greenspan was never a hardline believer in the rationality of financial markets. It’s true of all commodity markets. Almost everybody is bullish, expects the market to go up, and is fully committed.

Long-term 12

Long-term Banking Short-term Finance 12

Harvard Business Review

SEPTEMBER 1, 2017

It is the second smallest market in Latin America — a sharp difference compared with only a few years ago, when it used to compete with markets such as Argentina, Chile, and Colombia as the third largest market in the region, after Brazil and Mexico. Venezuela represented only 1% of total revenues.

Sharpe 8

Sharpe Price Politics Supply Chain 8