Harvard Business Review

FEBRUARY 24, 2011

Establish "an unbending standard of performance" : Since 1965, Buffett has annually compared Berkshire's compounded growth in book value per share to the growth in the S&P 500 (plus dividends). In all but seven of these 45 years, Berkshire beat the S&P. Berkshire's talented managers get the P&L independence to run their own businesses.

Letter 15

Letter P&L Net Present Value Insurance 15

Harvard Business Review

OCTOBER 10, 2013

One class discussion that gets the light-bulbs flashing is a case study analysis of a brilliant functional expert, Harris (not his real name), who gets sent to an elite business school’s general management program with the promise of a promotion into a P&L role upon his return. Seek outside expertise. Get visibility externally.

Career 8

Career P&L How To Mentor 8

Harvard Business Review

OCTOBER 9, 2017

I’ve also independently developed a number of online courses so have thought deeply about which kind of programming is appropriate for professionals’ needs. Through informational interviews and background research (such as scanning leaders’ LinkedIn profiles), try to get a sense of their educational background.

P&L 8

P&L Education Learning-by-Doing Finance 8

Harvard Business Review

MARCH 15, 2017

Based on the demands of budget dollars, an experienced, informed board member should be able to ensure priorities are identified to address issues related to digital transformation. “But every business leader has to speak the language of business: P&L.”

CIO 9

CIO Committee Technology P&L 9

Harvard Business Review

JULY 30, 2014

Townes, and Henry L. Gantt – developed theories that emphasized efficiency, lack of variation, consistency of production, and predictability. Statistical and mathematical insights were imported (often from military uses) forming the basis of the field that would subsequently be known as operations management.

Six Sigma 9

Six Sigma Drucker P&L Short-term 9

Strategy Driven

DECEMBER 2, 2019

Technology has provided us with unprecedented advances, information, knowledge, instant access and entertainment. However, a company’s biggest expense doesn’t show on a P&L, at least not directly. It’s clear that developing a customer-obsessed organization extends well beyond your customer service team.

Company 69

Company P&L Bottom-up Advertising 69

The Empowered Buisness

OCTOBER 20, 2015

In today’s ever increasing complexity and change, you are being called to operate at a new level of consciousness. A leader wearing the hat of teacher focuses on building competencies and thinking capabilities – such as how to read a P&L statement or presentation skills. Every part contains information about the whole.

P&L 100

P&L Strategic Planning Game Theory Mission Statement 100

Harvard Business Review

MARCH 1, 2016

For example, the French global energy player ENGIE recently tilted its primary dimension from product (such as power, services, and infrastructure) toward region in order to better serve its clients in the territories in which it operates. But such reorgs don’t make silos go away — they just create new ones.

Organization 8

Organization P&L Report Finance 8

Lead Change Blog

OCTOBER 16, 2015

She called back to the plumbing department and the man who waited on me came to her register and informed her the price was $1.99 We live in a time flush with high efficiency, cost control, and lean operations. Bar coded packaging today drives inventory control, P&L calculations, and all manner of financial management processes.

P&L 150

P&L Customer Intimacy Price Retail 150

Harvard Business Review

JANUARY 29, 2015

CEO Jeff Immelt declared in 2011 that GE needed to become a software and analytics company or risk seeing its hardware products become commodities as information-based competitors took over. Bill and his team set out to develop a system that could bring all GE machines onto one efficient cloud -connected platform.

Software 8

Software Six Sigma Insourcing P&L 8

Persuasive Powerhouse

OCTOBER 22, 2010

Home Who We Are What We Do Services Contact My Favorite Blogs All Things Workplace Bob Sutton – Work Matters Brain Leaders and Learners Bret L. Leaders who operate in this mode lose their peers in no time flat. Will I be able to develop my leadership potential going forward in spite of this skill/attribute, or because of it?

Bottom-up 177

Bottom-up Short-term Executive Coaching Open-book 177

Harvard Business Review

MARCH 29, 2011

Palma Cay is Alegre's newest flagship hotel, and I think I can make it work with lower prices to the key travel agencies, tour operators, and online portals. You're responsible for your own P&L, just like all the other hotel managers, and that includes promotional spending of any kind. Palma Cay's first month," he said.

Case Study 11

Case Study Hotels Price Decentralization 11

Harvard Business Review

APRIL 2, 2013

When leaders come up short, as they often do, the problem may have less to do with them as individuals than with the top-down structures in which they operate. In most organizations, the responsibility for setting direction, developing strategy and allocating resources is highly centralized.

P&L 8

P&L Supply Chain Bottom-up McKinsey 8

Harvard Business Review

FEBRUARY 27, 2014

These lawsuits have been enabled in part by the efficient-market teaching that “in an open and developed securities market, the price of a company’s stock is determined by the available material information regarding the company and its business.” Bratton and Michael L. This debate is happening because in Halliburton Co.

Training 8

Training Class Efficiency Price 8

Leading Blog

DECEMBER 7, 2022

Helping people develop their potential—enabling them to articulate and become the self they want to be, are capable of being, and that best serves them and others in the short and long term—is what we as individuals and leaders strive toward. The Crux : How Leaders Become Strategists by Richard P. Blog Post ). Blog Post ). Blog Post ).

Books 370

Books Leadership P&L Blog 370

Harvard Business Review

DECEMBER 13, 2016

In order to allocate funds for innovation initiatives, Atrius Health’s leaders created a new department with its own P&L. This idea of keeping people in their homes became a powerful mantra for the team and drove the development of Care in Place. Develop a complete understanding of the system. Protect the work.

Health Care 8

Health Care Innovation Insurance P&L 8