Surviving Leadership

OCTOBER 29, 2018

The CFO update in particular was excellent – we learned how the company measured financial success, how to read a basic P&L, and what variable costs employees could help control in their jobs. Lesson: You want employees to learn how a business makes, saves, and spends money?

CFO 58

CFO P&L Call Center COO 58

Harvard Business Review

FEBRUARY 13, 2012

I've written about the rising significance of soft skills, including in the March 2011 issue of HBR (coauthored with Kevin L. The CIO has to know what's going on in finance and marketing, for instance, and P&L experience is important even for support functions like human resources.

Execution 18

Execution P&L CFO Globalization 18

Ask Atma

MAY 20, 2012

E.g. take a team of developers to tour an abattoir, take the human resource team to a museum exhibit on ancient Egypt, or take legal on an outing to a flower show. It is important to make it a regular outing, and to really explore intriguing, albeit unrelated subjects as a group. Knowledge Management: Classic and Contemporary Works.

Team 52

Team How To Knowledge Management Self-aware 52

Harvard Business Review

JULY 10, 2012

Two decades ago, organizations were designed around stand-alone business units, so all managers had to understand finance, technology, manufacturing, sales, marketing, strategy, human resources, and more. If successful, they then were given responsibility for increasingly larger businesses.

Management 15

Management P&L Incubator Finance 15

Harvard Business Review

AUGUST 5, 2014

To stitch it all together meaningfully, CMOs are increasingly expected to act as general managers with P&L or shared/shadow P&L responsibility that drive revenue 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

APRIL 22, 2011

Between the inner and outer doors of Circale Corporation's headquarters building, human resources VP Nils Ekdahl crossed paths with CFO Anita Fierst as he was leaving for lunch. "We The best way to evaluate an employee is to look at his unit's P&L. If there's no relevant P&L, you're pretty much flying blind.".

Case Study 14

Case Study Performance Review P&L Review 14

Harvard Business Review

MAY 1, 2013

Every manager has a P&L that he or she is responsible for," he says, "and while we don''t make sharing rooms a hard and fast rule, it''s our sense that when people have their own budgets and ownership for their profits, they''ll continue to operate that way.". Cutting costs Human resources Organizational culture'

Hotels 12

Hotels Conference Travel Policies 12

Harvard Business Review

JULY 25, 2017

“The MROI of social media activity often looks very high if you only count financial resources, but if you look at the human resources required to develop content and respond to consumers’ posts 24/7, the number goes down,” she says.

ROI 8

ROI Marketing Marketing Mix Short-term 8

Harvard Business Review

MARCH 1, 2016

If both region and product have P&L responsibility and are expected to manage the same factors (human resources, customer relationships, price levels, etc.) The reason is easily understood: region and function have more complementary roles and objectives than region and product have.

Organization 8

Organization P&L Report Finance 8

Harvard Business Review

JANUARY 29, 2015

In a departure from GE’s traditional control systems, the Center was not set up as its own business unit with its own P&L, but rather was funded by a $1 billion investment by Jeff Immelt and became part of GE Global Research. The next question was where to establish the software center. She told me how difficult it was.

Software 8

Software Six Sigma Insourcing P&L 8

Harvard Business Review

MARCH 27, 2012

Look," he said, "I currently have 10,000 people reporting to me and responsibility for the largest P&L in the company. The head of Human Resources even asked the CEO whether Bill's job-grade and performance bonus should be reduced. The only problem was that Bill thought the assignment would be personally embarrassing.

Career 21

Career P&L Supply Chain CEO 21