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Leading Management Principles of the World’s Top Shipbuilders

Epicflow

Nearly 56% of survey respondents believe they cannot demonstrate improvements in on-time project delivery, organizational efficiency, or profitability. Since 2007, MHI Group has changed its management paradigm toward portfolio optimization, introducing a strategic business evaluation system and focusing on cash flow.

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How to Make Sure Good Ideas Don’t Get Lost in the Shuffle

Harvard Business

In 2007 Joseph Golan, a division leader at Elop, an Israeli electro-optics company, faced a challenge. From 2007 to 2014, Golan’s employees generated over 5,000 ideas, with an exceptional implementation rate of more than 70%. Justin Tierney/EyeEm/Getty Images. As a result, innovation can stall. Impressive Results.

How To 132
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Mergers May Be Profitable, but Are They Good for the Economy?

Harvard Business

In recent research, we provide new evidence that while mergers may raise profits, many fail to deliver efficiency gains that could increase overall prosperity. manufacturing plants from 1997 through 2007, an important and diverse sector of the U.S. Firms engage in mergers because they see a profitable opportunity.

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The Best Companies Know How to Balance Strategy and Purpose

Harvard Business

Before the iPhone was introduced, in 2007, Nokia was the dominant mobile phone maker with a clearly stated purpose — “Connecting people” — and an aggressive strategy for sustaining market dominance. Most companies have articulated their purpose — the reason they exist. Consider Nokia.

Strategy 134
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Oliver Wyman interview preparation: the inside story

Management Consulted

In 2007, Mercer Oliver Wyman joined with Mercer Management Consulting and Mercer Delta to become Oliver Wyman groups (also includes Lippincott and NERA Economic Consulting). This focus on efficiency is a major defining characteristic of the high-performance culture at Oliver Wyman.

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This Pharma Company Stays Innovative by Doing Two Things

Harvard Business

Food and Drug Administration (FDA), the lowest number since 2007. Their mandate: Come up with fresh ideas for making the notoriously expensive and time-consuming drug-development process more efficient. Roivant was addressing some sobering realities: In 2016, only 22 new drugs were approved by the U.S.

Company 119
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There Are Two Types of Performance — but Most Organizations Only Focus on One

Harvard Business

In 2007 Harvard Business School professor Ethan S. A great salesperson will operate much more efficiently with a defined process for reaching out to prospects. Bernstein studied assembly-line performance at a company he called “Precision.” Precision made it easy for managers to oversee their employees.

Metrics 134