254 Articles found for subject: Best Practices

Decades of research show the efficacy of programmatic M&A—and our latest findings make it even more clear. Whether external conditions are favorable or challenging, programmatic acquirers continue to invest in their M&A capabilities and demonstrably outperform companies that take a less strategic approach to M&A.

Content: Article | Authors: Cathy Lian, Patrick McCurdy, Paul Daume | Source: McKinsey Quarterly | Subjects: Best Practices, Mergers & Acquisitions

Revenue growth is good. Profitable growth is better. Profitable growth that advances ESG priorities is best. Here’s how outperformers who actively choose growth deliver the growth trifecta.

Content: Article | Authors: Anna Koivuniemi, Claudia Kampel, Lucy Pérez, Rebecca Doherty, Werner Rehm | Source: McKinsey Quarterly | Subjects: Best Practices, Social Responsibility (ESG)

What does it take to succeed in M&A? For the past two decades, BCG’s annual M&A reports have explored the answers to this question. One constant in our studies is an emphasis on the elements that drive genuine, long-lasting deal success.

To mark the 20th anniversary of our M&A Report, we looked back at our rich history of analyses related to deal value creation. We refreshed … [ Read more ]

Content: Article | Authors: Daniel Friedman, Dominik Degen, Georg Keienburg, Jens Kengelbach, Lianne Pot, Sönke Sievers, Tobias Söllner | Source: Boston Consulting Group (BCG) | Subjects: Best Practices, Mergers & Acquisitions

Experts behind the rules of value-creating growth discuss how leaders can apply these insights to their growth strategies.

Content: Article | Authors: Chris Bradley, Rebecca Doherty | Source: McKinsey Quarterly | Subjects: Best Practices, Management, Strategy

Worries about failure, criticism, and career impact hold back many people from embracing innovation. Here’s how to create a culture that accounts for the human side of innovation.

Content: Article | Authors: Alex Morris, Erik Roth, Laura Furstenthal | Source: McKinsey Quarterly | Subjects: Best Practices, Innovation, Organizational Behavior

Ten rules should guide how companies select pathways to profitable growth, but each rule’s impact on performance varies considerably.

Content: Article | Authors: Chris Bradley, Jill Zucker, Rebecca Doherty, Tido Röder | Source: McKinsey Quarterly | Subjects: Best Practices, Strategy

A dual focus on developing people and managing them well gives a select group of companies a long-term performance edge.

Content: Article | Authors: Anu Madgavkar, Bill Schaninger, Dana Maor, Hamid Samandari, Jonathan Woetzel, Kanmani Chockalingam, Olivia White, Sven Smit | Source: McKinsey Quarterly | Subjects: Best Practices, Human Resources, Training & Development

In science the key question is “Is it true?” In management the key question is “Does it work?” But context is critical: Just because an idea works in a particular case does not mean it is a universal truth.

If you set a stretch goal, make sure that the organization has some stretch in it, or it will break. To execute a strategy, you need a … [ Read more ]

Content: Article | Author: Stephen Bungay | Source: Harvard Business Review | Subjects: Best Practices, Management

Two decades of research show that, while large deals still have their place, programmatic M&A strategies continue to create gains in excess total returns to shareholders, at lower levels of risk.

Content: Article | Authors: Jeff Rudnicki, Liz Wol, Patrick McCurdy, Paul Daume, Tobias Lundberg | Source: McKinsey Quarterly | Subjects: Best Practices, Mergers & Acquisitions

Companies should embrace nine imperatives that collectively explain “who we are” as an organization, “how we operate,” and “how we grow.”

Content: Article | Authors: Aaron De Smet, Chris Gagnon, Elizabeth Mygatt | Source: McKinsey Quarterly | Subjects: Best Practices, Management

One of the stated reasons for trying to get workers back into the office is the chorus of concern around the difficulties of sharing knowledge and experience amongst remote co-workers. New research, however, suggests a method that could improve this process both in the office and remotely: guided meetings between coworkers, which can easily happen in person or remotely. Compared to monetary incentives (without guidance … [ Read more ]

Content: Article | Authors: Christopher Stanton, Jason Sandvik, Nathan Seegert, Richard Saouma | Source: Harvard Business Review | Subjects: Best Practices, Organizational Behavior

Companies create more shareholder value when executives and directors concentrate on long-term results. A new report highlights behaviors that allow them to maintain a long-term orientation.

Content: Article | Authors: Ariel Babcock, Kevin Sneader, Sarah Keohane Williamson, Tim Koller, Victoria Potter | Source: McKinsey Quarterly | Subjects: Best Practices, Management

Does corporate purpose influence firm performance? More than two decades ago, the scholars Christopher A. Bartlett and Sumantra Ghoshal argued that purpose, not strategy, structure or systems, was the essential precursor to effective management. Since then, the public discourse on purpose has gone up substantially. And while there’s a growing body of research on related topics — from CSR to ESG — when it comes … [ Read more ]

Content: Article | Author: Claudine Gartenberg | Source: IESE Insight | Subjects: Best Practices, Management, Organizational Behavior

Improve the odds of a successful business transformation by going “all in” to kick-start performance and remake your portfolio.

Content: Article | Authors: Chris Bradley, Marc de Jong, Wesley Walden | Source: McKinsey Quarterly | Subjects: Best Practices, Management, Strategy

Startups that grow into transformative companies do two things: (1) they nail the basics and (2) they cultivate the right habits (core operating principles).

The first is mandatory. If you don’t get the basics right, in all probability your company won’t succeed. A list of things we consider basics:

• Fundraising (don’t run out of capital)
• Ship (don’t just talk about it, ship it)
• Customer focus (live

… [ Read more ]

Content: Article | Author: James Currier | Source: NFX | Subjects: Best Practices, Entrepreneurship, Management

Ask any business leader if he or she is good at solving problems and the likely response is, “Of course!” After all, business leaders spend a lot of their time navigating problems. If they weren’t good at it, those leaders would lose their jobs, wouldn’t they? Not if the organization doesn’t know what robust problem solving looks like. Most organizations don’t and as a result … [ Read more ]

Content: Article | Author: Karen Martin | Source: ChangeThis | Subjects: Best Practices, Management

What does it take to make a true performance leap? The authors of Strategy Beyond the Hockey Stick explain the key strategic levers their analysis has revealed, and how strongly you have to pull them.

Content: Article | Authors: Chris Bradley, Martin Hirt, Sean Brown, Sven Smit | Source: McKinsey Quarterly | Subjects: Best Practices, Management, Strategy

What it means to be a great workplace has evolved. We have entered a new era, a new frontier in business. Our economy has evolved through agrarian, industrial, and ‘knowledge’ phases to the point where the essential qualities of human beings—things like passion, creativity, and a willingness to work together—are the most critical. In this ‘human economy,’ every employee matters.

Content: Article | Author: Michael C. Bush | Source: ChangeThis | Subjects: Best Practices, Management, Organizational Behavior

Companies understand that their suppliers are critical partners in lowering costs, increasing quality, and driving innovation, and leaders routinely talk about the need for strategic relationships with shared goals and risks. But when contract negotiations begin, they default to an adversarial mindset and a transactional contracting approach. They agonize over every conceivable scenario and then try to put everything in black-and-white. A variety of contractual … [ Read more ]

Content: Article | Authors: David Frydlinger, Kate Vitasek, Oliver Hart | Source: Harvard Business Review | Subjects: Best Practices, Legal

The midsized companies in the U.S. that grow the fastest understand their strong suits and play their hands accordingly.

Content: Article | Authors: Jeannette R. Gatchell, Thomas A. Stewart | Source: strategy+business | Subject: Best Practices