According to the Fortune 500 list American companies are down to rank 133 from 176 in 2005 representing an almost 25% decline in top spots. Most of the growth in top spots has come from growth markets like BRIC (Brazil,Russia,India,China). So the question is whether large US companies are doing enough to engage with growingContinue reading “Impatience: are US companies losing out in growth markets? American companies down 25% in Fortune 500”
Category Archives: HR
Directors want to spend more time on strategy, risk and talent says McKinsey Global Study
The Board of Directors of surveyed companies by McKinsey want to spend more time on Strategy,Risk and Talent than they are doing. According to the McKinsey study the the time spent on these things have not gone up since the economic crisis. So where is the problem? Most times the Board of Directors just goContinue reading “Directors want to spend more time on strategy, risk and talent says McKinsey Global Study”
Leadership is futile if you are not willing to manage for outcomes
This blog always had a combined section on Leadership and Management and I am glad that it did when I read True Leaders Are Also Managers by Robert Sutton. For some reason leadership is equated to a grand "vision" of "doing the right thing" and management is seen as the more mundane "trenches" where implementationContinue reading “Leadership is futile if you are not willing to manage for outcomes”
US Jobs McKinsey : more management work from “soup to nuts” ?
More management work from soup to nuts even- if you know only soup making best- seems to be the signal from the US job market. For example, companies are not willing to pay separately for project management when they outsource IT and similarly in-house the workfrorce from R&D to Marketing and Sales,Supply Chain and EngineeringContinue reading “US Jobs McKinsey : more management work from “soup to nuts” ?”
Innovation needs a “challenge vs. threat” organization culture
Today (March 16, 2011) Karim Kassam (then of Carnegie Mellon University and in 2021 at Jacksonville Jaguars) talked about challenge vs threat and measuring stress in the lab through blood pressure , heart rate etc. at the Yale SOM -Behavioral Marketing -Eli Seminar Series. This got me thinking about the organizational culture you need to allow innovation. But first let’s differentiate between what we see as a challenge vs. threat.
[Note: This post from March 16, 2011 was updated and reformatted on May 31, 2021]
Deja vu 1982- well not entirely for Tylenol with FDA consent decree
The makers of Tylenol have a consent decree with FDA who will be additional supervisors at three of their plants for primarily following good manufacturing practices. No one has died but sort of brings back memories of the 1982 Tylenol crisis that had almost passed onto history in marketing classrooms. This time the situation seemsContinue reading “Deja vu 1982- well not entirely for Tylenol with FDA consent decree”
Supply chain norms and incentives should be aligned internally as well
Have you heard of managers paying liquidated damages to their employer for defective manufacturing under their watch? Probably not, but sure you’ve heard of suppliers paying liquidated damages for defective supplies. Depending on the alignment of incentives and norms of internal folks the external relationships with the supply chain and distribution channel can work betterContinue reading “Supply chain norms and incentives should be aligned internally as well”
Unemployment now under 9% -the Science and Math Education Value Chain
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“Worst” companies need to improve their websites: Fortune Most Admired Companies
Tonight those companies which made it to the top spots in each Fortune best category are churning out PR news releases , justly proud of their accomplishments. Those who appear in the “worst” list would be hiding or don’t even know it,I guess.For starters, those companies judged as “worst” should get their websites better organized. When I went to one such “worst” company’s website I was totally surprised to encounter all kinds of slow flash introductions, random pop ups and even a spam video!
[Note: This post is from March 3, 2011 and was updated for formatting on May 19, 2021]
Federal job training programs: outcome assessment via Facebook page
// <![CDATA[ // <![CDATA[ var _gaq = _gaq || []; _gaq.push(['_setAccount', 'UA-857684-6']); _gaq.push(['_trackPageview']); (function() { var ga = document.createElement('script'); ga.type = 'text/javascript'; ga.async = true; ga.src = ('https:' == document.location.protocol ? 'https://ssl' : 'http://www') + '.google-analytics.com/ga.js'; var s = document.getElementsByTagName('script')[0]; s.parentNode.insertBefore(ga, s); })(); // ]]> // ]]> The GAO found that $18 billion went toContinue reading “Federal job training programs: outcome assessment via Facebook page”