Remove Finance Remove IT Strategy Remove Operations
article thumbnail

There Are Two Types of Performance — but Most Organizations Only Focus on One

Harvard Business Review

Tactical performance is how effectively your organization sticks to its strategy. In Precision’s case, good tactical performance required developing rules, checklists, and standard operating procedures and then following them closely. We made a number of operational changes to the call center.

article thumbnail

Corporations: Donate Your Skills, Not Just Your Money

Harvard Business Review

We set people up to use their area of expertise, be it strategy, accounting, operations, technology, finance, or human resources. Furthermore, we learned that this mode of giving delivers a greater impact to the community because it helps fill critical capability gaps in nonprofits.

Skills 12
Insiders

Sign Up for our Newsletter

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

article thumbnail

Yes, Managing IT Is Your Job

Harvard Business Review

In order to see the future more clearly, it''s almost always helpful to look back — and this certainly goes for IT and its ever-increasing impact on operations, and ultimately on competitive advantage. Yet with each wave, the criticality of IT to basic operations and delivery of service to customers continues to escalate.

article thumbnail

How Leading Companies Build the Workforces They Need to Stay Ahead

Harvard Business Review

Business-critical roles — that is, the jobs that are central to differentiating a company from its competitors and successfully executing its strategy — will also change. And a new ecosystem of finance, insurance, energy, infotainment and maintenance services has emerged based on the data-driven, app economy.

Company 16
article thumbnail

Why Verizon's iPhone Could Be Good for AT&T

Harvard Business Review

The best companies are able to distinguish between these consumers by precisely valuing their operating profit potential, not just gross margin or volume. They do this by building consumer P&Ls through cross-functional teams across marketing, sales, supply chain and finance, much like some companies have built account and product P&Ls.

P&L 15
article thumbnail

The Big Disconnect in Your Talent Strategy and How to Fix It

Harvard Business Review

This leaves operating managers, the ultimate “consumers” of talent, to choose between two talent acquisitions methods (or “sourcing channels”): Either engage HR to acquire employees or engage Procurement to acquire contingent workers. Create one integrated workforce strategy.

article thumbnail

Fighting Chronic Disease Starts with Better Pediatric Care

Harvard Business Review

PFK is now working on expanding its strategy to address the health needs of children with disabilities. Integrating comprehensive services will require significant changes in culture, infrastructure, training, regulation, and financing. whether someone is employed and his or her earnings over time). pediatric primary care remain.