HR Digest

OCTOBER 17, 2020

Providing guidance on social distancing practices, and employee information updates. When it comes to internal communication, many organizations are primarily focused on direct and frequent communications from leadership urging their people to be calm about how they deal with the aftermath. When it comes to short-term incentives….

Short-term 52

Short-term Committee Incentives Long-term 52

HR Digest

MARCH 9, 2020

“In simple terms, we presented employees with situations that ask them to make judgments—often using ambiguous and incomplete information, to best simulate the real-life conditions of decision making,” said Dr. Ian Stewart, Executive Director Learning and Design at to Kaplan Leadership & Professional Development.

Team 69

Team Kaplan Attrition Survey 69

Strategy Driven

MARCH 15, 2019

To quote The Economist “consumer trust is the basis of all brand values, and therefore brands have an immense incentive to retain it”. This isn’t a marketing issue, this is a business-wide issue, involving every facet of the organisation, hence leadership being so important. Why is this so important?

Supply Chain 75

Supply Chain Brand Advertising PR 75

N2Growth Blog

NOVEMBER 23, 2010

Let me be clear: leadership and diversity should have nothing to do with one another. This blog was recently nominated for Kevin Eikenberry’s Best Leadership Blogs of 2010 , and I noticed recently that Kevin was taking heat from the gender police for having only one woman on the list of nominees.

Diversity 350

Diversity Blog Leadership Learning-by-Doing 350

Mike Cardus

APRIL 14, 2011

These misconceptions have arisen from the observation of how people behave, understandably, within badly flawed managerial leadership systems.”. The idea that the managerial hierarchy was useful for the “old economy,” but that is has outlived its usefulness and will disappear in the new “E-conomy” of the electronic information age.

System 157

System Commitment Motivation Incentives 157

Strategy Driven

SEPTEMBER 1, 2013

Finance leaders; find out how to stop struggling with time-consuming, inaccurate incentive compensation processes. Click here for more information on The CFO’s Cheat Sheet to Compensation Risk & Reward. The CFO’s Cheat Sheet to Compensation Risk & Reward. by Ultimate Software.

Resources 50

Resources CFO ROI Risk Management 50

Women on Business

JANUARY 3, 2011

If possible, provide some financial incentive like a small hourly rate or commission for work well-done. For more information, go to www.SuperInterns.com. Make sure you say in your ad description what they need to be successful with you (eg – a computer with internet access, a nice phone voice, computer skills, etc.). Who’s on the Bus?

Press Release 160

Press Release Parcell Discount PR 160

Strategy Driven

OCTOBER 3, 2013

While management focuses on control, organization, and supervision, leadership is the ability to inspire, motivate, and influence to empower others to create organizational success. This begins with leadership, not management. Now she writes about business and finance and finds her work-life balance far more enjoyable.

Motivation 58

Motivation Environment Servant Leader Competitive Advantage 58

Harvard Business Review

SEPTEMBER 22, 2011

More and more companies are tying incentive pay to customer metrics. The payoff from linking incentives to customer feedback can be significant. I recently ran into a company that based incentives on scores determined from as few as 11 respondents. Your CFO and finance team can take a leadership role here.

Incentives 10

Incentives Sample Customer Loyalty Metrics 10

Harvard Business Review

DECEMBER 13, 2012

Its goal was to promote greater sharing of ideas, information, best practice and innovative processes. Leadership recognized that business units and functions had effectively been allowed to ignore the rest of the enterprise. The competition thus incented both "supply" and "demand" of knowledge worth sharing. It worked well.

Incentives 8

Incentives Tools Benchmarking Innovation 8

Harvard Business Review

AUGUST 8, 2011

A significant part of innovation and almost all of commercialization is driven by profit incentives and relies on a system of protection for the intellectual property rights of innovators and entrepreneurs. Allocating our best talents to finance risks damaging the long-term innovative capacity of our economy. This is what the U.S.

Politics 16

Politics Innovation Incentives Credit Rating 16

Harvard Business Review

JANUARY 24, 2012

Baruch Lev teaches accounting and finance at NYU's Stern School of Business. The situation improved recently with the accounting recognition of a stock option expense, which clarified to directors that options are not costless, and with the general lengthening of the options' vesting period (incenting long-term orientation).

Short-term 12

Short-term Long-term Parcell Incentives 12

Harvard Business Review

DECEMBER 21, 2011

Finance puts the systems in place to track the money coming in. These salespeople earned lucrative commissions on sales to current customers and had little incentive to hunt for new customers. Your R&D group develops a unique new product. Manufacturing produces it. Marketing designs the promotional campaign.

Company 14

Company Market Penetration Long-term Short-term 14

Harvard Business Review

JANUARY 16, 2017

A third problem is when essential information that highlights the possibility of failure does not flow from the CEO to the board, or from the supervisee to the boss. In some cases the information may be flowing but the board may lack the skill to interpret it. The finance group scrutinizes capital requests.

Company 8

Company CEO Finance System 8

Harvard Business Review

APRIL 24, 2017

The second dimension of the political landscape is the extent to which the source of power is soft (informal) or hard (formal). In this quadrant, personal influence and informal networks rule. As a result, an informal group regularly met to cover up his mishandling of situations. It can be a good thing.

Politics 15

Politics Bureaucracy Long-term Short-term 15

Harvard Business Review

FEBRUARY 26, 2014

Their life anchors are their identification with an institution of great power; influence over individuals, policies, finances, and the community; and constant affirmation of their importance as individuals and of their role as leaders. This makes them extremely defensive and provides another incentive not to retire.

CEO 8

CEO Execution Policies Power 8

Strategy Driven

DECEMBER 2, 2019

Technology has provided us with unprecedented advances, information, knowledge, instant access and entertainment. It has to be the responsibility of every single department: human resources, training, marketing, support, sales, IT, finance, operations and, most importantly, leadership. You ignore them at your peril.

Company 69

Company P&L Bottom-up Advertising 69

Harvard Business Review

NOVEMBER 29, 2010

In slightly more formal terms, Id suggest that they were able to take on, at least in tiny part, five of Robert Merton and Zvi Bodies six standard functions of a financial system: settling payments, providing information, setting incentives, pooling resources, and transferring resources.

Banking 16

Banking Crisis Merton Guidelines 16

Harvard Business Review

MAY 15, 2014

Most substantially: Walmart has a number of initiatives to combat the culture of silence which allegedly allowed the Mexican scandal to fester for a number of years before corporate leadership was informed. That malign culture, in turn, allowed corporate leadership to ignore the evidence of wrongdoing and keep the board in the dark.

Compliance 8

Compliance Committee Globalization CEO 8

Harvard Business Review

AUGUST 5, 2014

To have the influence to help set business strategy for the company, CMOs need to translate customer insights into terms meaningful to senior leadership. The CMO also worked with the finance office and product managers to link pricing and benchmark data into the RFP process, which improved quality and response times.

P&L 11

P&L Banking Marketing Call Center 11

Harvard Business Review

MAY 27, 2015

That’s why states continue to compete to lure companies to build new offices and plants — like the Tesla gigafactory in Nevada — by offering tax breaks and multi-billion dollar incentive packages. For each city or region the right mix of programs depends on what outcomes the leadership of that area is trying to achieve.

Entrepreneur 8

Entrepreneur Policies Banking Innovation 8

Harvard Business Review

NOVEMBER 30, 2010

His primary insight is that the frame one firm uses has to be able to counter their rivals incentive to jump to greater transparency and offer discounts. His primary insight is that the frame one firm uses has to be able to counter their rivals incentive to jump to greater transparency and offer discounts.

Retail 14

Retail Price Comparison Nalebuff 14

Harvard Business Review

DECEMBER 20, 2016

I also know all too well that, like all strategies, superconsumer strategies can be hard to implement, because of internal processes, misaligned incentives, and organizational structures that are difficult to navigate. Good leadership certainly helps, but more often than not, the organization will revert to business as usual.

Airlines 8

Airlines Energy Self-aware Learning Curve 8

Harvard Business Review

SEPTEMBER 13, 2013

Between now and the IPO, every bit of information about the company’s finances and other metrics will be closely scrutinized. Just as investors will be judging the appeal of Twitter’s business, so too will they be analyzing the competency of its leadership. Is Wall Street a Good Judge of Leadership?

IPO 8

IPO Execution Incentives Finance 8

Harvard Business Review

DECEMBER 20, 2018

CRMs today also serve a lot of masters, from executives in the C-suite, technology, marketing, finance, and, oh yeah, sales. They had to enter a lot of information that added little value (for them), and provided no help in selling more. Broadcast this message loud and clear from the CEO and sales leadership. The result?

CRM 13

CRM Project Succession CIO 13

Harvard Business Review

SEPTEMBER 29, 2016

For example, new hires tend to come in knowing building information modeling from school, and can tutor experienced designers and architects in how to incorporate their deep practical knowledge into the software. Knowledge differs from information in that the former is at least partially based on experience. Insight Center.

Organization 8

Organization Development Mentor Incentives 8

Harvard Business Review

JANUARY 21, 2016

But this requires a new scale of leadership: system leadership. An example of system leadership can be found in the food industry, where an initiative that began with 17 food and agribusiness companies grew into a global network of 500 organizations taking action in 19 countries. Enable mutual accountability for progress.

Globalization 8

Globalization Company Decentralization Incentives 8

Mills Scofield

NOVEMBER 11, 2014

Charles Hensley''s perspective about tax inversion challenges us to think about ''national'' status, incentives, and the constraints of 20th C thinking. Economics is the study of incentives, so a good economist knows that to change the corporate system, you have to change corporate incentives.

Finance 131

Finance Incentives Education Pharmaceuticals 131

Harvard Business Review

NOVEMBER 23, 2010

That should help more tightly align incentives to provide original content with more returns in visibility and money. There is also the possibility that just a little citation coupled with greater information on when original content is posted could overcome these difficulties by measuring priority.

Guidelines 15

Guidelines Telecommunications Emotional Intelligence Balanced Scorecard 15

Harvard Business Review

SEPTEMBER 19, 2016

The company’s local team was thus compelled to offer non-monetary incentives to avoid losing customers, including marketing support, consulting services, and others. Often, local country teams are informed about the prices they must use, instead of being consulted about what the prices should be. dollars, unable to pay them.

Price 8

Price Globalization Depreciation Marketing 8

N2Growth Blog

SEPTEMBER 24, 2010

I thought, of course culture trumps strategy – culture is whats informs your strategy. Soon, strategy informs how this culture will change – but the birthing of the startup was not with strategy, but culture. _After all, culture is defined by the behaviors that are incented and repeated inside your company.

Blog 366

Blog Strategy Brand Bottom-up 366