Posts Tagged Business Strategy
You’ve heard the saying “fighting the last war.” It refers to competing using familiar techniques, against competitors you’ve faced before, in the same markets or industries, only to discover that the rules have changed.
Modern business competition is changing rapidly, and to compete effectively, you need to understand the skills that are required to win.
By Wayne Cascio, Ph.D., Professor and Robert H. Reynolds Chair in Global Leadership, University of Colorado
It seems to be a law of nature, inflexible and inexorable, that those who will not risk cannot win.
- John Paul Jones
How often have you heard people say, “Our strategy is to become the biggest and the best?” This is not strategy. Strategy is not the what. Strategy is the how – how will you become the biggest and the best? Of course, within the realm of the definition, there are good strategies and bad ones. Good strategies help to define a company or a brand’s point of difference.
I recently attended a meeting of senior HR executives that was hosted by a large company headquartered outside of Boston. During the meeting, the company’s chief human resource officer shared her experience working with a new CEO who was focused on transforming the corporate culture. The company works in an industry that demands constant innovation, and the CEO is determined to enhance the organization’s capacity to innovate by reducing layers of management and making the company more nimble.
I know this may sound presumptuous, but I have one of the best HR jobs ever !! It has definitely been the best of my career. One of the highlights is that I meet weekly with my boss who is part of the C-Suite. Now, don’t start to shudder thinking this is going to be another one of those “seat at the . . . ” posts.
Remember just a few years ago when we started to see a flurry of articles, presentations, and even books about the topic of “Workforce 2020” that offered predictions about what work and workplaces would be like at the then far-off-into-the-future year of 2020?
'Shark Tank' Presentation Opens IHRIM's 35th Annual Conference
Boudreau: HR Must Pick Up 'Glacial' Pace, Innovate
In 2005, Fast Company wrote a scathing review of the HR profession in an article titled, “Why We Hate HR.”
Fast-forward ten years to 2015 and, according to the Harvard Business Review article “Why We Love to Hate HR…and What HR Can Do About It” by Peter Cappelli, everyone still hates HR.
The article in Sunday’s New York Times describing Amazon’s relentless, hard-driving work environment is, in many ways, a case study in how one very large company is responding to our changing work world.
I attended an HR conference last month where I heard some of the savviest business speak ever. Speakers from all over the globe discussed “leveraging,” “ROI,” “streamlining,” “interfacing,” “synergy,” and “big data” more eloquently than ever imagined. I’ll be honest though. By the time I got to the fifth speaker, I was snoring because my head could not make anything palatable out of this jargon salad. Everywhere I looked someone was tossing business-speak land mines as if they were trying to make my head explode.
It’s always interesting to hear how the people management profession differs worldwide. Workplace laws, business culture and social mores vary country by country. What works in one nation, industry or even company, may not work in another because when it comes to managing people—the most complex but critical aspect of business—there is no one-size-fits all approach.
Still, some keys to HR’s success are universal.
Trade Performance Ratings for Guidance; Link Goals to Strategy
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ADA Interactive Process: It Sounds Easy, So Why Is It Hard?
By Allen Smith 3/18/2015