The Four Biggest Organizational Cost Challenges—and How to Solve Them
Companies repeatedly launch cost reduction programs—with mixed results. To cut costs sustainably, they need to redesign the organization and change the underlying behaviors that lead to cost creep.
Content: Article | Authors: Kevin Kelley, Miyabi Honda, Sarah Baxter, Travis Meyer | Source: Boston Consulting Group (BCG) | Subjects: Management, Organizational Behavior
How Corporations and Startups Are Redefining Corporate Venturing
The Mack Institute’s Corporate Venturing Report presents a data-driven analysis of how corporations are engaging with startups today. Based on a systematic review of the world’s 500 largest companies, it reveals a corporate venturing landscape defined by structured, mutually beneficial partnerships. These collaborations enable corporations and startups to access new technologies, build business ecosystems, and tackle complex challenges.
Content: Article | Authors: Claudio Garcia, Gary Dushnitsky, Serguei Netessine, Valery Yakubovich | Source: Knowledge@Wharton | Subjects: Entrepreneurship, Management, Strategy
Six Winning Go-to-Market Strategies for Emerging Economies
Companies have a huge growth opportunity in emerging markets, but only if they have the right approach to get their products onto store shelves and into consumers’ hands.
- Many emerging markets have expanding populations and rapid GDP growth, making them more attractive than developed countries.
- They also pose some challenges, such as highly fragmented retail channels, small-scale retailers, gaps in the skills of frontline sales staff,
Content: Article | Source: Boston Consulting Group (BCG) | Subjects: International, Management
Everyday habits: How CEOs navigate their six core responsibilities
To stay focused, productive, and motivated, leaders need to develop their own working rhythms and routines. Here’s how some CEOs do it.
Content: Article | Authors: Gautam Kumra, Janice Koh, Jennifer Chiang, Joydeep Sengupta, Mukund Sridhar | Source: McKinsey Quarterly | Subjects: Corporate Governance, Management
The rise of cognitive work (re)design: Applying cognitive tools to knowledge-based work
Cognitive technologies and business process reengineering could be a match made in heaven, but only if organizations do the work to redesign their processes with cognitive technologies’ specific capabilities in mind.
Content: Article | Author: Thomas H. Davenport | Source: Deloitte Review | Subjects: IT / Technology / E-Business, Management, Process
Pay transparency can come with unexpected consequences
A new study finds that revealing employee pay unexpectedly influences workplace dynamics in ways never demonstrated before.
Content: Article | Authors: Boris Maciejovsky, David Danelski | Source: Futurity.org | Subjects: Compensation, Human Resources, Management, Motivation, Organizational Behavior
Productivity at the core: How COOs deliver strategy
For the COO’s productivity mandate, the time to act is always. Six best practices can help.
Content: Article | Authors: Daniel Swan, Darryl Piasecki, Tony Gambell | Source: McKinsey Quarterly | Subjects: Management, Operations
Take 5: How to Tell a Great Story
Storytelling is a key business skill. Here’s how to make your narratives more persuasive.
Content: Article | Authors: Craig Wortmann, Emily Stone, Liz Livingston Howard, Michelle L. Buck, Mitchell A. Petersen, Steven Franconeri | Source: Kellogg Insight | Subjects: Management, Organizational Behavior, Storytelling
How Multinationals Can Build Local Innovation Capabilities
Fractal innovation enables large companies to be more responsive to customer needs, leverage their global scale, and set the pace for their competition. Multinationals often face strong competition in geographies where nimble, local companies are able to succeed by meeting the changing demands of local customers with speed, responsiveness, and innovation.
- Large companies face two main innovation challenges: They have a limited understanding of the
Content: Article | Authors: Saurabh Chhajer, Sharad Verma | Source: Boston Consulting Group (BCG) | Subjects: Innovation, International, Management, Strategy
A new operating model for a new world
While your strategic goals may be the right ones, is the organization built to achieve them? New research reveals a dynamic system that creates value in the face of volatility.
Content: Article | Authors: Alexis Krivkovich, Amadeo Di Lodovico, Brooke Weddle, Dana Maor, Deepak Mahadevan, Richard Steele | Source: McKinsey Quarterly | Subjects: Best Practices, Management
Exceptional performance: A nonrenewable resource
What happens when a company achieves the summit? Is there nowhere to go but down? Superior performance, research shows, is neither quite as fragile nor robust as many believe—rather, it’s an attainable albeit slippery plateau. The key is to focus on profitability rather than revenue growth or value creation.
Content: Article | Author: Derek Pankratz | Source: Deloitte Review | Subjects: Best Practices, Management
Breaking the mold: Five behaviors of leading growth transformers
Leading companies are using transformation to achieve profitable growth—enabled by specific behaviors.
Content: Article | Authors: Drew Goldstein, Louisa Greco, Preeya Mody, Rebecca Doherty, Sandra Sancier-Sultan, Yolanda Zonno | Source: McKinsey Quarterly | Subjects: Best Practices, Management
Amid Rapid-Fire Workplace Change, Pulse Surveys Emerge
Companies should seek ways to track real-time employee experiences and gain insights into issues affecting employees’ work lives and their organizations’ performance. Leaders realize that engaging employees takes more than sending out an annual survey. Instead, it requires a year-long people strategy aimed at clarifying expectations and maximizing performance. To that end, leaders want a way to gather employee feedback throughout the year. Thus, the … [ Read more ]
Content: Article | Authors: Annamarie Mann, Jim Harter | Source: Gallup Management Journal | Subjects: Human Resources, Management, Organizational Behavior
Designing Support Functions for Innovation and Growth
At many companies, support functions can be a drag on business performance, with unnecessarily complex processes, bureaucratic structures, and a frustrating experience for both internal and external customers. But with the right approach—including the five priorities discussed here—companies can address these issues and turn support functions into a driver of performance. In that way, they will become true partners to business units and help companies … [ Read more ]
Content: Article | Authors: Emmanuel Sissimatos, Fabrice Roghé, Martin Twesten, Mieke Gielis, Stefan Scholz | Source: Boston Consulting Group (BCG) | Subject: Management
Warning: Upgrade your personal operating model
Effective leaders continually adapt their priorities, roles, time, and energy practices to stay ahead of new realities. Here’s why you need to do the same.
Content: Article | Authors: Arne Gast, Suchita Prasad | Source: McKinsey Quarterly | Subjects: Leadership, Management, Personal Development
The Rotation Program That Keeps This Startup’s Engineers Learning — and Not Leaving
Checkr VP of Engineering Krista Moroder opens up about the rotation program that’s helped keep her org’s non-regrettable attrition at near-zero.
Content: Article | Author: Krista Moroder | Source: First Round Review | Subjects: Human Resources, Management, Organizational Behavior, Training & Development
What Drives Managers to Sabotage Talented Employees
Intense competition in the workplace may lead managers to sabotage talented employees to protect their own job security, says research by Hashim Zaman and Karim Lakhani.
Content: Article | Authors: Hashim Zaman, Karim R. Lakhani, Michael Blanding | Source: Harvard Business School (HBS) Working Knowledge | Subjects: Human Resources, Management, Organizational Behavior
Crossing the mental Rubicon: Don’t let decisiveness backfire
We demand that leaders be decisive, but research in social psychology and behavioral economics suggests that decisiveness is not an unequivocal good. Studies on “mindset” reveal that, when contemplating an important decision, prematurely focusing on execution can exacerbate decision-making biases and lead to overconfidence and excessive risk-taking.
Content: Article | Author: Derek Pankratz | Source: Deloitte Review | Subjects: Decision Making, Management, Organizational Behavior, Personal Development
Simple mistakes leaders make and 5 questions to avoid them
Avoid mistakes that can disempower your team by learning how they like to be recognized for a job well done.
Content: Article | Author: Amber Johnson | Source: SmartBrief | Subject: Management
How to Bring Out the Best in Your People and Company
Connecting with others and belonging are basic human needs that are essential to being our best selves.
When we leave an experience where we presented our imperfect selves yet felt belonging, we feel energized and at our best. When we leave an experience where we presented our imperfect selves and were ignored or ridiculed, we feel deeply disconnected and disengaged.
This is as true at work as … [ Read more ]
Content: Article | Authors: Jake Herway, Jane Smith | Source: Gallup Management Journal | Subjects: Best Practices, Culture, Management, Organizational Behavior
