Ask Atma

MAY 20, 2012

The benefit of this kind of team activity, is the opening of one’s mind, and shared creative stimulus, which fosters innovation. One part of fostering creativity and innovation is to accept the inevitable failures. 5) Operational Transparency -. These are just a few examples. 2) Make Virtue an Organizing Principle -.

Team 52

Team How To Knowledge Management Self-aware 52

Harvard Business Review

FEBRUARY 9, 2011

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

P&L Supply Chain Retail Price 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. Here are five: Commit from the Top.

P&L 17

P&L Fashion Media Agility 17

Harvard Business Review

NOVEMBER 9, 2012

Leading Change is widely recognized as his seminal work on leading transformational change, and is an important precursor to his newer ideas on acceleration: effectively managing operations while seizing new opportunity. Managing Global Innovation: Frameworks for Integrating Capabilities around the World. Kotter and Dan S.

P&L 10

P&L Kotter Books Globalization 10

Harvard Business Review

JANUARY 18, 2012

This meant abandoning IBM's existing organization, in which product silos and geographic entities operated independently and frequently were more competitive than collaborative. Palmisano could not have succeeded at placing values at the center of IBM's operations without strong principles of his own. When the U.S.

Globalization 18

Globalization Golden Parachute Short-term Long-term 18

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

AUGUST 5, 2014

Talk about how complex marketing has become is very much in vogue, but there’s much less discussion about the operational (and diplomatic) muscle CMOs need in order to get things done. 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

MAY 8, 2012

This week, Microsoft is announcing an unusual initiative that it hopes will change how the company operates: an internal fee on carbon. As Microsoft takes on more of its customers' operations through cloud-based services, reliance on the utility grid creates real operational and price risk (from outages and volatile prices).

Price 16

Price P&L White Paper Energy 16

Harvard Business Review

JULY 19, 2012

Trade promotion is often the single biggest line item in a manufacturer's P&L. So you can end up in the proverbial situation where the operation was a success, but the patient died. What companies often find is that trade promotion opportunities have broader strategy, branding/marketing and innovation issues at the core.

ROI 15

ROI P&L Retail Brand 15

Harvard Business Review

JULY 19, 2012

Trade promotion is often the single biggest line item in a manufacturer's P&L. So you can end up in the proverbial situation where the operation was a success, but the patient died. What companies often find is that trade promotion opportunities have broader strategy, branding/marketing and innovation issues at the core.

ROI 15

ROI P&L Retail Brand 15

Harvard Business Review

NOVEMBER 1, 2011

keep hearing from top executives at large, profitable companies that they're under "P&L pressure." Who declared 7 or 10 or 15 percent growth in earnings a sacrosanct pursuit, above all other corporate goals — like the innovation that leads to novel solutions that address customer needs?

GAAP 12

GAAP Short-term P&L EPS 12

Harvard Business Review

JANUARY 25, 2012

But he could not shake his newfound awareness of the amount of money Egan was losing with Westmid — the account's ratio of operating income to sales was a negative 28%. 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.

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 23, 2013

The first is to get various functional silos and P&L centers sharply aligned with the specifics of customer requirements. Design "integration mechanisms" and operate them with rigor. Achieving speed and customer centricity depends on a crucial ingredient that''s often missing: integration. It''s the job of a leader to create it.

P&L 9

P&L Decentralization COO Restructuring 9

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

NOVEMBER 12, 2012

Is having 80% women in HR and support functions and 80% of men in operational roles what you are after? Our annual Global Gender balance Scorecard shows that 63% of the women sitting on Executive Committees of the top 100 US companies are in support functions, not P&L roles. This isn't balance, it's just Mad Men, repainted.

Diversity 10

Diversity Balanced Scorecard P&L Committee 10

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. A design studio is geared for collaboration and innovation work with customers and partners. The first step was to hire someone to run it.

Software 8

Software Six Sigma Insourcing P&L 8

Harvard Business Review

JANUARY 12, 2015

One CEO told me she was considering firing her CFO because he consistently ran his monthly financial report by the Operations VP before showing it to her and, as she realized, was letting the Operations VP unduly influence when revenues and expenses were recognized. Insiders tolerate ambiguity and uncertainty.

How To 8

How To CEO P&L Uncertainty 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. In fact, this is the root of nearly all the mistrust that clouds the industry’s operations, relationships, and reputation.

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.

CEO 52

CEO Altman McCarthy Supply Chain 52

Harvard Business Review

DECEMBER 20, 2011

So it's no wonder that business started to wake up to the serious danger that storms and shortages present to their operations, both from direct damage to property and from massive production interruptions (i.e., Valuing and internalizing the externalities: Puma Calculates its Environmental P&L. business continuity").

Supply Chain 17

Supply Chain Apparel P&L Long-term 17

Harvard Business Review

JANUARY 30, 2012

Once, the demise of the Great A&P would have been front-page news from Maine to California. For more than four decades, from 1920 into the 1960s, A&P was the largest retailer in the world. A&P remained so powerful for so long for one reason only: because the two brothers who controlled it, George L. In 1946, the U.S.

P&L 15

P&L Retail Real Estate Discount 15

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

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. This is our call to management innovators (and aspiring management innovators) around the world to make a real difference when it comes to improving management thinking and practice.

P&L 9

P&L Supply Chain Bottom-up McKinsey 9

Harvard Business Review

DECEMBER 18, 2012

It was by no means a hiccup-free year on sustainability issues for Walmart, with deep concerns about corruption in its Mexican operations. Sustainability innovation opens up: Unilever, Heineken, and EMC ask the world for help. But the subtle change in buyer incentives is a big deal.

Supply Chain 14

Supply Chain Constraint P&L Energy 14

Leading Blog

DECEMBER 7, 2022

The Crux : How Leaders Become Strategists by Richard P. Rumelt (PublicAffairs, 2022) What passes for strategy in too many businesses, government agencies, and military operations is a toxic mix of wishful thinking and a jumble of incoherent policies. A New Way to Think : Your Guide to Superior Management Effectiveness by Roger L.

Books 370

Books Leadership P&L Blog 370