Harvard Business

MAY 25, 2017

Other firms have ventured down this path, including the conglomerate Wesfarmers , with its 200,000-plus staff, and the global hospital operator Ramsay Health Care. Corporations are now taking a further step beyond objective metrics, which can be financial and nonfinancial, to include subjective measures — tagged as “soft.”

Financial 119

Financial Banking Metrics Benchmarking 119

Kates Kesler

JUNE 29, 2020

Simple financial measures, like P&Ls, are an effective way to visibly drive leader accountability, yet they frequently do not match the complexity of today’s strategies. Metrics serve as a powerful motivator and unfortunately, are often perfectly designed to drive sub-optimal results.

Metrics 100

Metrics Sports Enterprise Comparison 100

Tom Spencer

OCTOBER 13, 2023

In this article, we will explore the importance of profitability ratios and valuation metrics that are crucial when analyzing banks. There are seven key profitability ratios and two valuation metrics that it is important to understand. It is not a useful metric for comparing different business lines.

Metrics 88

Metrics Banking Balance Sheet Efficiency 88

Epicflow

JANUARY 30, 2025

Portfolio health metrics to track progress, budgets, and risks across projects. Reporting and Analytics Advanced reporting with customizable metrics for decision-making. Insights into KPIs such as project performance, resource utilization, and financial health. Alerts and tracking systems for unresolved issues.

Tools 130

Tools Software Efficiency Resources 130

Tom Spencer

SEPTEMBER 10, 2021

They have an operating budget based on the amount of their grant. In business, productivity and performance is often measured using financial ratios that can be used to compare firms across the industry. All industries use numbers and metrics to describe performance, measure trends, and allocate status.

Metrics 88

Metrics Industry Benchmarking How To 88

LSA Global

JULY 1, 2024

While the specific strategy success metrics vary across different industries and different strategies, metrics tend to fall into four overall buckets: Financial, Customer, Employee, and Other. Here is a list of the top thirteen metrics that CEOs should measure for strategic success.

Metrics 68

Metrics Cash Flow Talent Financial 68

Harvard Business

APRIL 5, 2017

While a laudable effort in principle, measuring a company’s tendency to make myopic operating and investing decisions is fiendishly complex. But the other indicators probably pick up legitimate differences in how companies in the sample operate, as opposed to whether they are myopic. Overly optimistic financial statements.

Metrics 99

Metrics Study McKinsey Cash Flow 99

Harvard Business

AUGUST 3, 2018

In a recent HBR article , we claimed that modern digital companies such as Uber, Facebook, and Alphabet play an increasingly important role in the economy, but their financial statements fail to capture company’s main value drivers. Based on these insights, we now propose a new blueprint for financial reporting of digital companies.

Financial 70

Financial Report Company Metrics 70

Epicflow

JUNE 10, 2024

In addition, their focus on effective resource allocation, stakeholder engagement, and change management contributes to enhanced operational efficiency, increased agility, and improved project outcomes. Financial management A solid understanding of financial management principles and budgeting processes is important for a CPO.

Resources 157

Resources Methodologies Efficiency Metrics 157

Harvard Business

JUNE 8, 2018

In our recent HBR article , we argued that financial statements fail to capture the value created by modern digital companies. Some of these ideas contradict traditional financial thinking whereas others seem highly controversial or pessimistic. We distilled seven key insights from those discussions.

Financial 75

Financial Report Cash Flow Metrics 75

Harvard Business

MAY 24, 2016

Operations in a Connected World. But it turns out these methods don’t just have to do with technology and operations. Deere managers call it a “motivation metric” or even a “happiness metric.” Insight Center. Sponsored by Accenture.

Metrics 132

Metrics Survey Software Operations 132

Tom Spencer

FEBRUARY 1, 2020

For instance, financial consultants provide advice to organizations on financial matters. In the methodology upheld by Kennedy as well as Consultancy.org, Management Consulting is a collective term used for all services that fall under Strategy Consulting, Operations Consulting and HR Consulting.

Consulting 135

Consulting Operations Financial Real Estate 135

Harvard Business

SEPTEMBER 19, 2018

But such a change would probably not change how resources are allocated or businesses operate. We then scored the quality of disclosure based on whether there is no disclosure, generic disclosure, backward-looking metrics, or forward-looking metrics for a category.

Metrics 125

Metrics Financial Marketing Trends 125

LSA Global

DECEMBER 2, 2024

By setting the tone at the top, the CEO establishes the core values, behaviors, and performance expectations that guide decision-making and operational priorities. They adapt their leadership style to the strategic, financial, customer, and people needs of the moment. The Bottom Line CEOs can make or break an organization.

Strategy 69

Strategy Strategy& Strategy Leadership 69

Harvard Business

SEPTEMBER 19, 2017

Metrics Are Not Your Friends. A growing body of evidence shows that ethical companies outperform financially over time , but trying to translate such a broad finding into the short-term planning metrics used by most businesses is perilous. There are (at least) three major flaws with it. Let’s be clear.

Ethics 135

Ethics Metrics Energy Financial 135

Harvard Business

MAY 24, 2017

Financial capital is relatively abundant and cheap. Financial capital is abundant but carefully managed; human capital is scarce but not carefully managed. In part, it’s because we value and reward good management of financial capital. Invest human capital just like you invest financial capital. There you have it.

Management 134

Management Company Balance Sheet Talent 134

Harvard Business

NOVEMBER 7, 2017

The fourth gap between strategy and execution is in measurement and metrics. The assumption is that financial measures like cost and revenue are sufficient metrics to measure progress. You need metrics that tell you how well your game plan is being executed — metrics that all of your players can organize around.

Strategy 133

Strategy Strategy Strategy& Metrics 133

Markovitz Consulting

MAY 19, 2021

We can argue over specific metrics, but we’d all agree that we have to account for physical as well as mental/emotional health. As with individuals, there will be disagreement over metrics, but clearly we have to consider financial performance, internal stakeholders (employees), and external stakeholders (community).

Company 124

Company Balance Sheet Metrics Engineering 124

Consulting Matters

APRIL 13, 2023

He applied for a financial manager job at Disney and was one of 1400 candidates. He is a strategic and operational leader, having led strategic planning, finance and business development teams for these companies, as well as leading large operating units of over $500 million and $1 billion in revenue.

Consulting 156

Consulting Finance Turnaround Healthcare 156

Harvard Business

MAY 31, 2017

Before 1999 “performance” had a simple, unidimensional definition for health care leaders and their boards: It was shorthand for the CFO’s financial report, summarizing operating margins. The financial health of the organization was the most important metric for management and governance to follow.

Comparison 134

Comparison Financial Report Data 134

Harvard Business

SEPTEMBER 27, 2018

Fintona Financial (not the company’s real name) had a problem. The more calls they received, the more operators they needed, and the more their margins eroded. They would continue tracking their normal metrics but, for the next few weeks, these metrics wouldn’t impact teams’ compensation.

Company 132

Company Metrics Financial Benchmarking 132

Harvard Business

FEBRUARY 24, 2017

In a recent survey , 70% of respondents said that CEOs focus too much on short-term financial results, and nearly 60% said that they don’t focus enough on positive long-term impact. Bertolini observed that many of his peers had been promising 15% earnings per share (EPS), even during the financial crisis of 2009.

Metrics 111

Metrics Study Financial Operations 111

Harvard Business

JUNE 22, 2016

An organization is essentially the sum total of its physical, financial, human, intellectual, and relationship capital. Fourth, begin to operate a pilot of your network business by shifting small amounts of capital (including time, talent, and money) to the new initiative. This will require reporting on new metrics.

How To 123

How To Metrics Pharmaceuticals Hotels 123

Harvard Business

JULY 1, 2016

Countries that operate under common law, including the United States and the United Kingdom, lean in this direction. Countries that operate under civil law, including France, Germany, and Japan, tend to be in this camp. .” This includes non-financial and financial performance metrics as well as incentive compensation plans.

Cash Flow 121

Cash Flow Government Metrics Policies 121

Tom Spencer

MAY 18, 2019

Well, asset managers aim to understand client investment objectives and invest client funds in a variety of financial products and asset classes. Operating Margins. Operating margin is a very important metric for asset managers as it reflects how much of the fees generated are kept by the company. Image: Pexels.

Industry 113

Industry Real Estate Management Retail 113

Harvard Business

OCTOBER 25, 2018

To analyze the superstar dynamics of firms, our metric was economic profit, a measure of a firm’s profit above and beyond opportunity cost. (To The top 10% of the firms we analyzed — the superstars by our metric — create 80% of all the economic value, meaning they account for 80% of economic profits.

Industry 132

Industry Company Metrics Real Estate 132

Harvard Business

NOVEMBER 23, 2017

That time is spent establishing financial and operational metrics, aligning goals with overarching strategy, allocating resources, and reviewing key metrics. High-performing teams spend 14% more time checking their progress against strategic goals by reviewing key metrics and shifting resources accordingly.

Strategy 134

Strategy Strategy Strategy& Enterprise 134

Harvard Business

NOVEMBER 12, 2018

And at many companies, sustainability efforts are measured with well over 10 internal metrics. A financial services firm’s executives might be rewarded for the percentage of affordable capital that’s allocated to worthy sustainable projects, such as renewable energy or sustainable agriculture.

How To 128

How To Survey Metrics Energy 128

Harvard Business

OCTOBER 6, 2016

We mapped this data against dozens of financial and leadership metrics, clustering companies into four groups (ranging from low- to high-performing). Here’s what we learned about companies that have strong leadership pipelines and strong financial performance: First, they focus intently on culture.

Leadership 134

Leadership Deloitte Culture Pharmaceuticals 134

Martinka Consulting

OCTOBER 23, 2019

Sometimes it’s because they’d sooner “play” with their product than worry about the numbers and often it’s because they’re doing so well it becomes “management by checkbook,” as in, there’s plenty of money so who cares about cash flow, metrics, etc. The post Financial Shenanigans Versus Incompetence appeared first on Martinka Consulting.

Financial 40

Financial Cash Flow Real Estate Metrics 40

Harvard Business

OCTOBER 25, 2018

Among the findings: On average, HR leaders lag far behind other professionals in their ability to operate in a highly digital environment and use data to guide business decisions. Moreover, those with the strongest digital leadership capabilities outperform their peers by 50% in a financial composite of earnings and revenue growth.

Data 132

Data Talent Survey Recruitment 132

BCG

MAY 9, 2016

BCG’s Retail-Banking Excellence benchmarking study (REBEX) profiles the operational and digital practices and performance of 20 of the world’s leading retail banks, a group of 40 institutions chosen for their size and the strength of their capabilities. At the heart of the benchmarking are core operational metrics.

Operations 40

Operations Retail Banking Benchmarking 40

Tom Spencer

MAY 26, 2023

Large companies now recognise that the environment and communities in which they operate can contribute significantly to their bottom line. This realisation has led to an increasing focus on CSR, which involves operating in a way that benefits society over the long term.

Financial 88

Financial Metrics Examples Company 88

Tom Spencer

SEPTEMBER 12, 2020

A dashboard is a powerful information management tool that is used to track KPIs (key performance indicators), metrics and other data points relevant to a business, department, or specific process. operational vs analytical) with the following questions in mind: Who is the target audience? Considerations. What do we want to measure?

Tools 109

Tools Data Metrics Operations 109

Harvard Business

MARCH 31, 2017

How can you boost your financial acumen? ” Joe Knight, a partner and senior consultant at the Business Literacy Institute and the coauthor of Financial Intelligence , says that an absence of financial savvy is “career-limiting.” Here are some strategies to improve your financial intelligence.

Finance 70

Finance Balance Sheet How To Metrics 70

Makarios Consulting

SEPTEMBER 16, 2020

We don’t need to track metrics to succeed as a business.” But we have worked with many leadership teams that acknowledged, “We don’t know what metrics to track to get meaningful insights so that we can make strategic, timely business decisions.” A well-rounded scorecard will have the following: Financial metrics.

Metrics 52

Metrics Agile Leadership Trends 52

Harvard Business

OCTOBER 17, 2018

Enhanced management practices have also been associated with higher patient satisfaction and better financial performance. impact of training on quality metrics) of their interventions. For as the evidence shows, it can make an important difference for healthcare outcomes, experiences, and financial sustainability alike.

Training 132

Training Training Leadership Healthcare 132