The collected Body Of Knowledge of the Operational Excellence Society.
A continent learns to hustle. After a long slumber, Europe’s animal spirits are stirring The idea of a Europe hostile to entrepreneurs would once have seemed laughable. At its 17th-century peak the Dutch East India Company’s appetite for capital was so voracious that it demanded the invention of the public stockmarket. Investors then did not…
ByHBR.org
Summary. Setting resolutions often feels like a pointless exercise — something we do at the beginning of each year only to then feel guilty by February. The pandemic has only made the practice feel more helpless. Why even attempt to set resolutions when you have no idea what will transpire in the coming months? The author explains…
ByHBR.org
Summary. To understand how profitable a business is, many leaders look at profit margin, which measures the total amount by which revenue from sales exceeds costs. But if you want to understand how a specific product contributes to the company’s profit, you need to look at contribution margin, which is the leftover revenue when you deduct the…
This article is a last of a series about a turn-around engagement I had in 2021. Come along for a real life business story of The Peter Principle and/or The Dunning-Kruger Effect in action. The story goes like this… From the outside, even on the surface, the company looked successful. But by the time I…
ByHBR.org
Summary. Midsize companies have weaknesses when it comes to addressing the talent issues they face — but they also have critical strengths. The authors present three steps leaders can take to leverage those strengths and prevail in the toughest talent market in memory. First, they should identify and prioritize exactly which talent they’re lacking — the…
ByTED
Kindness can go a long way when it comes to reshaping a business. Having saved a fashion company from the brink of bankruptcy, entrepreneur James Rhee shares the value of investing in a culture of compassion at work — and shows why we should all lead with our hearts. See full talk here…
