What Makes a Company Great at Producing Leaders?
Harvard Business
DECEMBER 8, 2023
GE is well known as an “academy company” — a talent incubator that exports effective leaders to other organizations and even industries.
Operations Survey Talent 
Preparing for the Future of Talent Acquisition - SPONSOR CONTENT FROM KORN FERRY
Harvard Business
MARCH 28, 2017
With unemployment rates in most developed nations at the lowest levels since the Great Recession, and with new skill sets required to keep pace with head-spinning technological advances, it’s no surprise the talent acquisition environment is incredibly competitive. Five years ago, compensation (i.e.,
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A Survey of 3,000 Executives Reveals How Businesses Succeed with AI
Harvard Business
AUGUST 28, 2017
And AI success stories are becoming more numerous and diverse, from Amazon reaping operational efficiencies using its AI-powered Kiva warehouse robots, to GE keeping its industrial equipment running by leveraging AI for predictive maintenance. Investment in AI is growing and is increasingly coming from organizations outside the tech space.
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When Leaders Are Hired for Talent but Fired for Not Fitting In
Harvard Business
JUNE 14, 2017
Even when organizations are good at assessing leaders’ talents (e.g., As a result, too many leaders are (correctly) hired on talent but subsequently fired due to poor culture fit. A proper understanding of fit must take into account the leader’s motives and values , also known as the “inside” of personality.
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Measuring the Long-Term Impact of L&D Initiatives on Business Performance
Clarity Consultants
FEBRUARY 9, 2025
L&D initiatives are essential for attracting and retaining top talent. By prioritizing L&D, companies can ensure they have the right talent to drive long-term success. Cost savings: Measure reductions in operational costs due to increased efficiency or reduced errors.
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Survey Data Shows That Many Companies Are Still Not Truly Agile - SPONSOR CONTENT FROM CA TECHNOLOGIES
Harvard Business
MARCH 22, 2018
A recent global survey of almost 1,300 IT and business leaders found companies are keenly aware of the importance of agile. However, the report found one group, the Agility Masters, who have been able to leverage agile throughout their company, reporting 60 percent higher revenue and profit growth than the rest of the organizations surveyed.
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87 HR Leaders Need Stronger Data Skills
Harvard Business
OCTOBER 25, 2018
This neglect has hindered their ability to leverage data into talent strategies that can help transform their businesses. We base this claim about HR’s digital skills gap on the results of our latest global leadership survey. Only 11% of business leaders trust HR to use data to anticipate and help them fill their talent needs.
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Myths of the Gig Economy, Corrected
Harvard Business
OCTOBER 30, 2018
A fast-moving startup can secure talent as it needs it, outsource more quotidian tasks like payroll, and stay lean and mean; indeed, I see entrepreneurs employ this approach through my work at EY supporting creative, successful startups. The size of the gig economy and how fast it’s growing also seem to be over-imagined at times.
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You Can’t Delegate Talent Management to the HR Department
Harvard Business
SEPTEMBER 23, 2016
Successfully identifying, developing, and retaining leadership talent is critical for any organization’s long-term success. That’s why many of them, particularly the largest ones, rely on full-time “talent management” professionals, who work in coordination with other parts of HR.
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70 Why John Deere Measures Employee Morale Every Two Weeks
Harvard Business
MAY 24, 2016
Traditionally, they might get vendors such as Gallup to survey employee engagement. Operations in a Connected World. But it turns out these methods don’t just have to do with technology and operations. ” The biweekly engagement survey is also useful for assessing team health. Insight Center.
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Becoming a Data-Driven Organization: What You Need to Know
Epicflow
JULY 12, 2022
However, according to the survey by NewVantage Partners [1] conducted in 2021, only 24% of companies have managed to develop into data-driven ones. At the same time, the talent component shouldn’t be left aside: data alone cannot lead companies to success without human expertise to use in an efficient way. . Cultural challenges.
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How We Closed the Gap Between Men’s and Women’s Retention Rates
Harvard Business
MAY 19, 2017
As in many fast-paced companies today, consulting staff operate without formal job descriptions or handbooks. ” Moreover, in a survey of employees leaving BCG, departing women ranked mentorship, not work-life balance, as the number one topic that the firm needs to improve on. Are you retaining more top talent?
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The #1 Office Perk? Natural Light
Harvard Business
SEPTEMBER 3, 2018
However, a new survey by my HR advisory firm Future Workplace called “The Employee Experience” reveals the reality is that employees crave something far more fundamental and essential to human needs. Airbnb has pushed the limits of designing its customer call center operation in Portland, Oregon.
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Recruiting Strategies for a Tight Talent Market
Harvard Business
APRIL 7, 2016
If any story demonstrates how far employers will go in today’s fierce war for talent, the tale of Snapchat’s geofilter recruiting campaign is it. These days, I advise Fortune 500 executives to treat talent as they would customers: Understand their behavior, and design recruiting strategies that meet them where they are.
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70 Health Systems Need to Completely Reassess How They Manage Costs
Harvard Business
NOVEMBER 15, 2018
A recent Navigant survey found that U.S. hospitals and health systems experienced an average 39% reduction in their operating margins from 2015 to 2017. Cost reduction requires an honest and thorough reassessment of everything the health system does and ultimately, a change in the organization’s operating culture.
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The Secret to Leading Organizational Change Is Empathy
Harvard Business
DECEMBER 20, 2018
These are major changes that will affect every aspect of how the firm operates — from the services it offers to the structure of her organization. While working with the CEO who was making strategic shifts in her company, we talked about how she could acknowledge some of the fears revealed in a company-wide survey.
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133 The Most Desirable Employee Benefits
Harvard Business
FEBRUARY 15, 2017
In today’s hiring market, a generous benefits package is essential for attracting and retaining top talent. According to Glassdoor’s 2015 Employment Confidence Survey, about 60% of people report that benefits and perks are a major factor in considering whether to accept a job offer.
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134 Innovation Should Be a Top Priority for Boards. So Why Isn’t It?
Harvard Business
SEPTEMBER 21, 2018
We conducted a survey of over 5,000 board members from around the world to find out. Fewer than one-third (30%) of respondents to our survey see innovation as one of the top three challenges their company faces in achieving its strategic objectives, and just 21% think that technology trends are a major strategic challenge.
How to Be an Inspiring Leader
Harvard Business
APRIL 25, 2017
In employer surveys that we conducted with the Economist Intelligence Unit, we found that less than half of respondents said they agree or strongly agree that their leaders were inspiring or were unlocking motivation in employees. We asked survey recipients what inspired them about their colleagues. What we found surprised us.
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9 Out of 10 People Are Willing to Earn Less Money to Do More-Meaningful Work
Harvard Business
NOVEMBER 6, 2018
Our Meaning and Purpose at Work report , released today, surveyed the experience of workplace meaning among 2,285 American professionals, across 26 industries and a range of pay levels, company sizes, and demographics. Additional organizational value comes in the form of retained talent. increase in annual operating profits.
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Why Do We Spend So Much Developing Senior Leaders and So Little Training New Managers?
Harvard Business
JUNE 28, 2016
Some surveys seem to lump together technical skills training and classic management training. I know talent development budgets are perpetually tight, but we can’t afford to overlook the junior managers who would most benefit from management knowledge. Without solid shop-floor management, operations grind slowly.
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Where Predictive Analytics Is Having the Biggest Impact
Harvard Business
MAY 25, 2016
Survey-based reports find that firms are currently spending an estimated $36 billion on storage and infrastructure, and that is expected to double by 2020. However, looking at the surveys and consulting reports, it is unclear what the precise use cases are that will drive this positive ROI from big data. Insight Center.
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132 How to Excel at Both Strategy and Execution
Harvard Business
NOVEMBER 17, 2017
For decades, we’ve often thought of leadership profiles in unique buckets—two popular varieties were the “visionaries”, who embrace strategy and think about amazing things to do, and the “operators”, who get stuff done. How are you doing in combining strategy and execution?
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How Our Company Connected Our Strategy to Sustainability Goals
Harvard Business
OCTOBER 27, 2017
In a recent survey , Bain & Company found that just 2% of companies are successful in achieving their sustainability goals. However, like many of the companies surveyed by Bain, we were unsure how to connect our strategic vision around sustainability with meaningful operational changes. Simone Golob/Getty Images.
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The Top 13 Metrics that CEOs Should Measure for Strategic Success
LSA Global
JULY 1, 2024
Profitability Profitability metrics, including gross profit margin, operating profit margin, and net profit margin, offer a clear picture of the company’s efficiency and financial stability. Cash Flow Cash flow management is crucial for meeting day-to-day operational needs and setting the company up to invest in growth.
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Your Company Needs a More-Radical Board of Directors
Harvard Business
JUNE 20, 2016
First, directors face a real challenge in making sure that protection and alignment of key governance and risk management issues doesn’t crowd out equally important dialogue around strategy and operations. I’m not against benchmarking and norming. Let’s take pay. times those who mentioned investors in the same manner.
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What 20 Years as a Remote Organization Has Taught Us About Managing Remote Teams
Harvard Business
FEBRUARY 20, 2017
More than 80% of our work is done by teams of consultants and staff who operate out of their home offices. At the same time, the fact that we do not have to maintain physical offices leaves us room to pay higher wages than others and attract top talent. The advisory firm we work for is one such company. Focus on outcomes.
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7 Factors of Great Office Design
Harvard Business
MAY 20, 2016
We created a version of our index as an online survey that feeds us input in a more systematic way and as a means of reaching more people — you could, too, if your organizations are more accustomed to engaging in surveys online rather than in person. And people wanted more meeting spaces that could be used quickly and informally.
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How the Best Global Employers Convince Workers to Join and Stay
Harvard Business
OCTOBER 11, 2016
Companies spend a lot of time and money building strong brands to win over customers—but they often fall short when it comes to strengthening their employer reputation to win talent. If companies can’t attract, engage, and retain the right talent, they’re unlikely to achieve their business objectives.
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The Financial Industry Needs to Start Planning for the Next 50 Years, Not the Next Five
Harvard Business
JULY 17, 2017
It’s far from the only case of a failure to embrace a more digital approach; the larger shift to digital is changing the way every industry operates. Financial institutions need more technically adept, visionary talent if they are to survive the shift to the digital age and take the kind of risks necessary for long-term success.
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The 5 Elements of a Strong Leadership Pipeline
Harvard Business
OCTOBER 6, 2016
How talent management is changing. We surveyed and interviewed executives from more than 2,000 companies, asking extensive questions about how they develop leaders, how their companies are managed, how they coordinate their work, and what their organizational culture looks like. .” Insight Center. Sponsored by Korn Ferry.
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Brexit Could Deepen Europe’s Digital Recession
Harvard Business
JULY 5, 2016
A survey of members of Tech London Advocates, an industry group, revealed that 87% opposed Brexit. Digital Talent Will Be in Shorter Supply. A 2015 survey by Wayra , a startup incubator, last year found that over a fifth of startup talent in the UK came from other EU countries. The prognosis is not good.
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108 Why Even AI-Powered Factories Will Have Jobs for Humans
Harvard Business
AUGUST 8, 2018
For Tesla, adding more human labor to the mix means extending traditional jobs with additional responsibilities that would help ensure the smooth and efficient operation of the Alien Dreadnought. How companies are using artificial intelligence in their business operations. Adding Humans to the Mix. Insight Center. Adopting AI.
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Is Your Company Adapting Fast Enough to Thrive in an Increasingly Digital World? - SPONSOR CONTENT FROM DXC TECHNOLOGY
Harvard Business
OCTOBER 3, 2017
As digital technologies permeate all aspects of their operations, companies around the world anticipate the need for massive change over the next five years, according to a new global survey by Harvard Business Review Analytic Services. How to Find and Hire the Right Digital Talent for Your Organization.
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71 6 Things Successful Women in STEM Have in Common
Harvard Business
APRIL 27, 2018
In prior research , we at the Center for Talent Innovation (CTI) found that women leave STEM fields in droves: 52% of highly qualified women working for science, technology, or engineering companies leave their jobs. Yet many other women have managed to build highly successful careers with degrees in STEM disciplines. How did they do it?
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The real reason people are quitting
Brimstone Consulting
NOVEMBER 15, 2021
Workers surveyed are not in the least bit happy with the way they are managed or told to work.” Leadership has to wake up to the demands of their employees if they hope to attract and retain great talent in the 21st century.” Specifically: Executives Think They Have a Culture of Flexibility — Employees Don’t.
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89 Why We Need to Stop Obsessing Over CEO Pay Ratios
Harvard Business
FEBRUARY 23, 2017
A survey showed that CEOs worldwide are making exponentially more money than people think they should. The pay ratio is also a misleading statistic because CEOs and workers operate in very different markets, so there is no reason for their pay to be linked — just as a solo singer’s pay bears no relation to a bassist’s pay.
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How Women of Color Get to Senior Management
Harvard Business
AUGUST 31, 2018
They were employed in midlevel to upper-midlevel management positions in strategy, finance, marketing, legal, operations, and technology functions. These situations involved complex assignments focusing on strategy, product development, business operations, and financial management.
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How to Improve the Engagement and Retention of Young Hourly Workers
Harvard Business
DECEMBER 6, 2017
More than half of the 1,200 young people working in entry-level jobs we surveyed said that was their plan — and less than a quarter felt highly satisfied with their job. The young people we surveyed worked in a wide variety of industries, including health care, manufacturing, retail, and hospitality.
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78 Why Startups Like Uber Stumble Over Problems They Could Have Avoided
Harvard Business
JUNE 23, 2017
Some 55% of executives cite the problem of revenue growing faster than talent: The company grows so quickly that it has trouble attracting the quality and amount of talent that it needs. Do we have a talent plan to match our growth plan? The other three barriers described in our book underscore the challenge. How do we know?
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132 Great Companies Obsess Over Productivity, Not Efficiency
Harvard Business
MARCH 1, 2017
Six Sigma, process reengineering, spans and layers analysis, and many other tools have helped executives uncover waste in their operations — in effect, identifying labor hours (or materials) that are unnecessary in order to produce the same level of output. Adopting a productivity mindset can be challenging, but the payoff is enormous.
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How the U.S. Can Rebuild Its Capacity to Innovate
Harvard Business
OCTOBER 23, 2018
In a recent survey of 369 manufacturers , researchers found that across a range of fields U.S. companies were deciding to move R&D to China to be closer to manufacturers, suppliers, and talent as well as to reap lower development costs and higher-growth markets. That pattern has continued. Mind the Mittelstand. Power to the people.
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Success with the Internet of Things Requires More Than Chasing the Cool Factor
Harvard Business
AUGUST 7, 2017
And a new survey by Cisco found that one-third of all completed IoT projects were not considered a success. They Update Their Talent Management Strategies. IoT solutions tend to span information technology (IT), operational technology (OT), and core business functions. The reason? These groups must work together.
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How the Most Successful Teams Bridge the Strategy-Execution Gap
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. This includes forums for employees to voice concerns via surveys (e.g., employee engagement) and actual dialogue.
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