1297 Posts found for Source: strategy+business

Professor Rory McDonald, an expert in disruptive strategy, urges corporate leaders to learn from startups—and preschoolers—as they seek to reinvent their organizations.

Content: Thought Leader | Authors: Matthew Duffey, Rory McDonald, Tom Fleming | Source: strategy+business | Subjects: Innovation, Management, Strategy

Three interrelated dimensions—business ecosystems, managed services partnerships, and new technologies—correlate highly with company outperformance. Top-quintile companies get more revenues from ecosystems, invest more deeply (and strategically) in their relationships with managed services partners, and go further when it comes to cloud, APIs, advanced analytics, AI, and other technologies. These three dimensions set in motion several salutary flywheels: leading companies use technology to lower transaction costs … [ Read more ]

Content: Quotation | Authors: Lang Davison, Parul Munshi, Pete Brown, Wayne Borchardt | Source: strategy+business | Subjects: Best Practices, Management

Humans need boundaries as much as they need sleep. Humans need meaning and connection, and they need these things — as working people or consumers of business products or leaders of businesses themselves — as much they need convenience, speed, or scale.

Content: Quotation | Author: Julia Hobsbawm | Source: strategy+business | Subjects: Customer Related, Management, Organizational Behavior

We have a very peculiar industry in finance. The people who go into it all think they’re enormously gifted, whether that’s true or not, and they all believe that they should at least be lieutenant colonels in the army, if not all generals. And when that’s your workforce, you have to deal with people in a very unusual way. Because if you don’t, all these … [ Read more ]

Content: Quotation | Author: Stephen A. Schwarzman | Source: strategy+business | Subjects: Culture, Industry Specific, Organizational Behavior

We have developed two simple frameworks—an authenticity index and a self-awareness index… To gauge authenticity, we ask an executive to choose ten from a long list of values that they hold dearest. We then ask 20 to 30 people who work with the executive to select from the same list the top ten values that best describe the leader. Comparing the candidate’s top ten to … [ Read more ]

Content: Quotation | Authors: Adam Bryant, David Reimer, Harry Feuerstein | Source: strategy+business | Subjects: Corporate Governance, Leadership, Management

Entrepreneurs invent and create enduring change in one of three ways: by scaling supply, scaling demand, or scaling simplicity.

Content: Quotation | Authors: Derek Lidow, Tom Ehrenfeld | Source: strategy+business | Subject: Entrepreneurship

Maslach and Leiter frame and define [burnout] as arising from mismatches in the relationship of employees with their jobs. They identify three dimensions of this relationship: the capability dimension, which is governed by workload and control; the social dimension, governed by reward and community; and the moral dimension, governed by fairness and values. When any one of these dimensions break down… the result, write the … [ Read more ]

Content: Quotation | Authors: Christina Maslach, Michael Leiter, Theodore Kinni | Source: strategy+business | Subject: Organizational Behavior

[Central banks] have installed enormous and more or less permanent backstops for financial systems and transformed lending of last resort into comprehensive “first response” functions against financial crises.

Content: Quotation | Author: Leon Wansleben | Source: strategy+business | Subject: Economics

We … tend to regulate to prevent a repeat of the previous crisis rather than look in an unbiased manner at points of future vulnerability.

Content: Quotation | Author: Mike Jakeman | Source: strategy+business | Subjects: Economics, Risk Management

For the economy to grow, we need banks to accept the risk of lending, but we also need them to take the right amount of risk. Too little, and no one can borrow. Too much, and the system blows up. The rub: figuring out what that right amount is. Doing so has proven extremely difficult, even as the increasingly necessary role that banks perform has … [ Read more ]

Content: Quotation | Author: Mike Jakeman | Source: strategy+business | Subject: Economics

The move to a low-carbon economy will create opportunities for innovation and growth. To make the most of them, leaders must understand the challenges they could face along the way.

Content: Article | Author: George Serafeim | Source: strategy+business | Subjects: Social Responsibility (ESG), Strategy

The Corporate Gini Index is a barometer of a competitive landscape. In other words, it measures the strength of the all-or-nothing force in an industry. The higher an industry’s index score, the more dominant a few players are within it.

In those industries in which digitization has had the greatest effect, the Gini Index tends to be high. The correlation is related to the widely observed … [ Read more ]

Content: Quotation | Authors: John Sviokla, Kelly Barnes, Miles Everson | Source: strategy+business | Subject: Economics

A practical guide for reimagining how your company creates, delivers, and captures value.

Content: Article | Authors: Matthew Duffey, Venky Jayaraman, Veronique Roos-Emonds | Source: strategy+business | Subjects: Business Model, Strategy

We need to recognize that business is all about data-centricity right now. This represents a change in the way most businesspeople think about operations. For the past 30 or 40 years, we have all been focused on process reengineering. Every management consultant wrote a book on process engineering. Now, as I tell people in our companies, process maturity is no longer your day job. If … [ Read more ]

Content: Quotation | Author: Natarajan Chandrasekaran | Source: strategy+business | Subjects: IT / Technology / E-Business, Operations

The truth about culture is that the only way you can change it is by changing the way individuals work with one another. If you can change that, then you will find the culture has changed.

Content: Quotation | Author: Roger L. Martin | Source: strategy+business | Subjects: Culture, Organizational Behavior

Employees who are disciplined about setting daily goals not only accomplish more but also feel better about their work. Here are three ways that managers can make daily goal-setting a habit.

Content: Article | Author: Nele Van Buggenhout | Source: strategy+business | Subjects: Human Resources, Management, Organizational Behavior, Personal Development, Training & Development

The strategy, purpose, and values discussions—what Kevin Sharer, the former CEO of Amgen, calls a company’s “social architecture”—have often felt like separate exercises, but they now need to work in concert. “If you don’t have a social architecture that’s solid, well-accepted, and can be operationalized against the most important decisions you make, that’s leadership’s fault,” said Sharer.

Content: Quotation | Authors: Adam Bryant, Kevin Sharer | Source: strategy+business | Subjects: Decision Making, Goals, Leadership, Management, Organizational Behavior, Strategy, Values

Specialization. Scarcity. Rivalry. Humanity. Companies that understand—and harness—these forces will have an edge in creating vibrant workforces capable of achieving sustained, positive outcomes.

Content: Article | Authors: Bhushan Sethi, Blair Sheppard, Nicole Wakefield | Source: strategy+business | Subject: Human Resources

To navigate global supply shocks, companies must build resiliency while repositioning for growth.

Content: Article | Authors: Brian Houck, Harald Dutzler, John Livingstone | Source: strategy+business | Subject: Operations

Public pressure and changing norms are paving the way for business leaders to be paid based on a new set of criteria.

Content: Article | Authors: Lawrence Harris, Phillippa O’Connor, Tom Gosling | Source: strategy+business | Subject: Social Responsibility (ESG)