Mike Cardus

SEPTEMBER 1, 2023

Work-culture research studies, including the comprehensive research by Guiso, L., Sapienza, P., & Zingales, L. link] Guiso, L., Sapienza, P., & Zingales, L. The integrity and trust within work-culture is a term and theory that seems to be here to stay. 2017, November 19). Mikecardus.com.

P&L 78

P&L Mission Statement Collins Influence 78

Mike Cardus

OCTOBER 22, 2023

Although these clichés might serve short-term management objectives, they often hinder long-term innovation, suppress employee morale, and foster a culture of compliance over mutual growth. Phrases like ‘Don’t rock the boat’ or ‘It’s not in the budget’ often serve to halt innovation and maintain the status quo. link] Williams, P.

Strategy 78

Strategy P&L Taylorism Taylor 78

Thin Difference

MAY 21, 2019

As Burke (2018) highlights, change management is a mix of consulting and strategy development with an understanding of systems and behavioral science. Dunlop, P. Diffusion of innovation (5 th ed.). Rogers (2003) points out the essential nature of credibility in being a change agent, embracing knowledge and safety. References.

Rogers 89

Rogers Ethics P&L Leadership 89

The Empowered Buisness

OCTOBER 20, 2015

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. While competition can be a blessing, fueling higher standards and innovation. Teaching focuses on cognitive skills and capabilities. employees’ beliefs and values.

P&L 100

P&L Strategic Planning Game Theory Mentor 100

Coaching Ourselves

APRIL 15, 2019

Today, L&D professionals increasingly use social learning as a powerful tool for leadership and organizational development. The visitor, oddly satisfied with our explanation, responded, "Oh wow, that's really innovative!”. However most learning and development, especially eLearning, focuses on content.

Leadership Development 33

Leadership Development Development P&L Leadership 33

Ask Atma

MAY 20, 2012

In team development, research has shown that individual learning works best when accompanied by team learning. [1]. So the designer teaches everyone about UX/AI, the coders teach about their development methodology, the project managers teach about agile protocols, and the sales people describe what it is like in the field.

Team 52

Team How To Knowledge Management Self-aware 52

Harvard Business Review

SEPTEMBER 23, 2014

I often hear this question when I visit companies and speak about how to make an innovative idea less terrifying to high level executives. There are plenty of pundits arguing that big companies need to innovate, and pointing out that it is difficult to do so. Have you actually seen this done?”. The skepticism is warranted.

Innovation 14

Innovation P&L Short-term Company 14

Harvard Business Review

MARCH 12, 2012

Increasingly, Western companies are developing products in countries like China and India, and then distributing them globally. For example, GE developed an ultra-low-cost ultrasound for rural China which is now marketed in over 100 countries. Surprisingly, such innovations defy gravity and flow uphill from the poor to the rich.

Glocalization 16

Glocalization Mass Marketing P&L Globalization 16

Harvard Business Review

AUGUST 30, 2011

It's true that Apple's success in the last decade has been built on a remarkable string of innovations, which seems harder to "codify." When one of Apple's design teams was tasked with developing a DVD-burning software program for high-end Macs, developers spent weeks putting together a plan. Yet turnover at Apple is low.

P&L 15

P&L Supply Chain Retail COO 15

Harvard Business Review

SEPTEMBER 27, 2017

Coca-Cola recently reshuffled its leadership team to focus on growth, innovation, and digital. L’Oréal has made a strategic investment in Founders Factory , a digital startup accelerator. One such activity was introduced by Deb Henretta while leading P&G Asia.

P&L 17

P&L Fashion Media Agility 17

Harvard Business Review

JULY 10, 2012

Here are several ideas: Turn discrete customer segments or geographies into P&L units by giving managers the ability to "purchase" centralized services, and the accountability for achieving profitability targets. Finally, carve out innovation incubators that will serve not only to build new businesses but also to grow general managers.

Management 15

Management P&L Incubator Finance 15

Harvard Business Review

MAY 21, 2013

If you''ve got a genuinely creative idea — or even a " me, too with a twist " — Kickstarter''s "crowd funding" platform offers a genuinely innovative way to finance creativity and innovation. Why aren''t leaders tapping the crowdfunding capabilities of their own innovation ecosystems to stimulate their people and ideas?

Innovation 8

Innovation P&L Company Creativity 8

Harvard Business Review

AUGUST 5, 2014

That means churning through data to find insights that others haven’t seen and then developing the organizational capability to act on them faster and better to drive above-market growth. Says Abi Comber, Head of Marketing for British Airways: “Having P&L responsibility is incredibly powerful.

P&L 14

P&L Banking Marketing Call Center 14

Harvard Business Review

OCTOBER 10, 2017

A recent McKinsey report found that while 84% of corporate executives think innovation is key to achieving growth objectives, only 6% are satisfied with the innovation performance of their firm. Even if executives try to prioritize it, innovation often gets crowded out by more “urgent” short-term pressures.

Innovation 9

Innovation P&L ROI Long-term 9

Harvard Business Review

MAY 6, 2015

The fear of getting Netflix-ed or Uber-ized is spurring big companies to dial up their investment in innovation. But as investment increases, many companies are struggling with a challenging question: how do you know whether your chosen innovation strategy is actually bearing fruit? Number of projects in the innovation pipeline.

Metrics 8

Metrics Innovation Company Stage-Gate 8

Harvard Business Review

FEBRUARY 16, 2018

Any standing meeting, whether it’s of a departmental leadership team, a cross-functional group owning a process like innovation or talent management, or a task force managing a six-month transition to a new technology, should be designed and linked to a broader governance plan.

P&L 16

P&L How To Finance Metrics 16

Harvard Business Review

JANUARY 25, 2012

With three efficient plants staffed by 3,000 employees, it had reinvented itself to become an innovative manufacturer of modular steel staircases and fiberglass doors. These deductions, which totaled 12% of sales, had previously been collapsed into a single line item in the P&L for each customer. The Power of Customer Costing.

Case Study 15

Case Study P&L Cost Due Diligence 15

Harvard Business Review

MAY 24, 2013

She holds the Ernest L. She''s an expert on strategy, innovation, and leading change. In her latest book, SuperCorp: How Vanguard Companies Create Innovation, Profits, Growth, and Social Good , she analyzed how P&G (among other companies) achieved long-term performance. Why is P&G making this move, now? Asking A.G.

P&L 8

P&L Restructuring Price CEO 8

Harvard Business Review

JULY 30, 2014

Short-term thinking has been charged with no less than a chronic decline in innovation capability by Clayton Christensen who termed it “the Capitalist’s Dilemma.” ) Corporations continue to focus too narrowly on shareholders , with terrible consequences – even at great companies like IBM. Townes, and Henry L.

Six Sigma 11

Six Sigma Drucker P&L Short-term 11

Harvard Business Review

DECEMBER 19, 2016

CEOs should actively manage five specific tensions in today’s complex global business environment: Disruptive innovation versus leveraging the company’s core strengths. Innovation cycles speed up and time-to-market goes down, and the resulting changes in the value chain compound customer demand for quality.

CEO 8

CEO Supply Chain Disruptive Innovation P&L 8

Harvard Business Review

JANUARY 29, 2015

Key selection criteria included experience in innovative software and service (versus product) development, and an ability to manage a start-up in a very large, complex company. Bill and his team set out to develop a system that could bring all GE machines onto one efficient cloud -connected platform. ” It’s working.

Software 8

Software Six Sigma Insourcing P&L 8

Harvard Business Review

JANUARY 23, 2015

By enabling companies to tie their marketplace insights much more tightly to the resulting economics — to link their assumptions about how people would behave to the numbers of a pro forma P&L — spreadsheets made it possible to model businesses before they were launched.” That is it may be new in either end.”

Business Model 8

Business Model Drucker Christensen P&L 8

Harvard Business Review

JANUARY 30, 2013

Rather, the issues the plane has been facing have much more to do with Boeing's decision to treat the design and production of such a radically new and different aircraft as a modular system so early in its development. The thing about these Government contracts is that they are paid as development proceeds.

Outsourcing 8

Outsourcing P&L Airlines Price 8

Harvard Business Review

JUNE 13, 2016

Generally speaking, executives are compensated for things under their control: moving projects along, the stewardship of a P&L, and for the company hitting financial targets. Sales positions can be incentivized by activities like calls on doctors and meeting regional sales targets.

Incentives 8

Incentives Pharmaceuticals Crisis P&L 8

HR Digest

JANUARY 11, 2024

L-R): Anthony Horton, Chris McCarthy, Stephanie Neal In a recent interview, OpenAI CEO Sam Altman revealed a startling confession: the architect of ChatGPT, a revolutionary language model capable of holding nuanced conversations and generating creative text formats, often struggles to sleep. employees (47%) experiencing it.

CEO 52

CEO Altman McCarthy Supply Chain 52

Harvard Business Review

DECEMBER 20, 2011

Increased demand for transparency and its close partners, (a) the quest to define and develop useful sustainability metrics and (b) the growing sustainability data explosion. Valuing and internalizing the externalities: Puma Calculates its Environmental P&L. The greening of the supply chain. Watch this space.

Supply Chain 17

Supply Chain Apparel P&L Long-term 17

Strategy Driven

SEPTEMBER 9, 2011

Many people do not typically think of metrics and accounting as roadblocks to innovation, yet you call these out as potential problem areas. Doing otherwise biases the business against innovation because what you are projecting may look unattractive relative to your business today. Net present value [NPV] is a case in point.

Innovation 50

Innovation NPV Business Model Constraint 50

Harvard Business Review

DECEMBER 13, 2016

An innovative care provider organization in Eastern Massachusetts with 30 medical practices and a home health and hospice agency, it already receives almost 80% of revenue from global payments (a fixed payment for all of a patient’s medical treatment during a specified period of time) or other risk contracts. Insight Center.

Health Care 8

Health Care Innovation Insurance P&L 8

Harvard Business Review

APRIL 2, 2013

In most organizations, the responsibility for setting direction, developing strategy and allocating resources is highly centralized. It will need an organizational model that gives everyone the chance to lead if they're capable; and a talent development model that helps everyone to become capable.

P&L 9

P&L Supply Chain Bottom-up McKinsey 9

Harvard Business Review

DECEMBER 18, 2012

This year, there were countless eco-efficiency stories about companies saving millions of dollars and developing new tools to make buildings, fleets ( Staples and UPS, for example ), and manufacturing much leaner. Sustainability innovation opens up: Unilever, Heineken, and EMC ask the world for help. Company Stories.

Supply Chain 14

Supply Chain Constraint P&L Energy 14

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