Business Strategy

Posts Tagged Business Strategy

"The single most important strategic pillar of any great enterprise is people,” best-selling author Jim Collins said in his Tuesday keynote session at the SHRM 2012 Annual Conference.

After spending nine years studying why some companies thrive in uncertainty or even chaos, while others do not, for his latest book Great by Choice: Uncertainty, Chaos, and Luck—Why Some Thrive Despite Them All (HarperBusiness, 2011), Collins concluded that “it all begins with people.”

News Updates
July 24, 2012

The notion of business as a combination of sport and war was attributed to Emile Herzog (1885-1967), a French author who used the pen name, Andre Maurois. I’m going to admit at the outset that I was a strong proponent of Herzog’s concept for most of my career. However, now that I look back from the CEO afterlife, I realize that this view need not be pervasive.

July 13, 2012

Companies involved in mergers and acquisitions (M&As) that are successful in retaining key talent begin the retention process early, according to a new global survey from Towers Watson.

Roughly two-thirds to three-fourths of both buyers and sellers surveyed use retention agreements, chiefly for senior leaders below the boardroom level, key contributors and technical experts, according to the findings.

News Updates
July 10, 2012

"Workplace flexibility is not a benefit and it's not a right; it's a business strategy," explained Teresa Hopke, a principal at the consultancy Life Meets Work, during her May 1 presentation at the Society for Human Resource Management's 2012 Talent Management Conference, held near Washington, D.C.

“Workplace flex is not like pizza Fridays. It’s an incredibly powerful, strategic business tool,” she added, quoting flexibility advocate G. Brint Ryan, CEO of Ryan LLC.

News Updates
June 5, 2012

At State Street Corp., a multinational financial services provider, we view flexible work arrangements as a strategic tool for achieving business objectives and employee engagement.

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May 4, 2012

The writing’s been on the wall for a number of years, but only now are people starting to read it: Corporate America must reinvest in its workforce and come up with creative ways to retain that massive amount of knowledge that will walk out the door as millions of Baby Boomers retire.

News Updates
April 18, 2012

Relax. You don’t have to have all the answers. You just need to know the right questions to ask. And, sometimes, that’s where the real challenge lies.

When it comes to working with senior business leaders on strategic workforce planning, what matters most is the conversation, not the HR professional’s ability to quote data, reports and metrics, said experts on a recent Conference Board webinar.

April 3, 2012

There was a lot of great conversation happening at TLNT Transform in its inaugural year. There was one conversation, however, which stood out to me as being of particular importance. In a breakout session moderated by John Hollon, Nick Araco--co-founder and CEO of The CFO Alliance--discussed a very interesting trend. In the post-recession C-suite, an increasing number of HR chiefs are now reporting directly to the CFO rather than the CEO.

March 29, 2012

Back in the fall, We Know Next published my blog, Why HR and the CEO should be joined at the Hip. According to SHRM, the blog struck a chord within the HR community. Conventional wisdom suggests the CEO’s most valued C-suite confidant should be the CFO. I’m not arguing that. During my CEO days, I was fortunate to work with two outstanding financial executives. I’m simply pointing out that a CEO has more than one hip, and with culture finally getting its credit as a key success factor, the time has come for HR to occupy a seat at the C-Suite table.

March 28, 2012

Quite often, including here at We Know Next, when the term “flexibility” is used with respect to the workplace, it’s often in the discussion of worklife balance initiatives that serve as benefits to the employer and employee.  In this arena, we think about telework, co-working, ROWE, and other employer-supported program to give employees more control over how, when and where they work.  Having a flexible workplace is now viewed as something that smart companies do in order to support their culture, increase employee engagement and loyalty, and ultimately drive business success.

March 13, 2012
Achieving milestones within a department or an organization is a process that involves a clear strategy, research, team members, and the flexibility to change and adapt along the way.  Just like leaders, a company’s culture or environment doesn’t just happen.  Great cultures are made from the top down and the down up.
 
February 15, 2012
Even in a tough economy, HR consultants can’t take on every opportunity that comes their way. Sometimes the timing is off. Sometimes the expertise required is beyond the scope of their services. Sometimes, they just might not be interested.
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February 15, 2012

To most of us, mentors are people of experience and knowledge who help the less experienced advance their careers and/or their education. There are plenty of well-known examples throughout the course of history; Aristotle mentored Alexander the Great, Laurence Olivier mentored Anthony Hopkins and Freddy Laker mentored Richard Branson. 
 
February 7, 2012
At the recent annual conference of the National Association of African Americans in Human Resources, one message came through loud and clear. Repeated by multiple speakers, the concept was uttered best by Jon Love, former president of Pitney Bowes Government Solutions.
 
“I don’t need the HR police,” Love said. 
 
December 15, 2011

Last week’s blog post bemoaned the lack of strategic discipline in today’s world of business. I posed three simple strategic questions that on the surface appear easy to answer.

November 14, 2011

I am a very lucky Human Resources professional. I began my career in the glamorous world of administration. I typed up timecards at a candy factory. I completed the VETS 100 and EE0-1 reports by hand. Yes, computers existed back in 1995. No, my employer saw no value in them.

November 1, 2011