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Reuters/Carlo Allegri Why is this man smiling? He’s got an army of programmers that would make some Silicon Valley CEOs green with envy. “Every year, Lloyd would give the tech division an annual speech, saying how we were a tech company,” a former Goldman Sachs engineer said to Business Insider. Lloyd is Lloyd Blankfein, CEO of Wall Street investment bank Goldman Sachs. And believe it or not, Goldman has more programmers and engineers working […]
Loading… Even the most brilliant strategy is worth nothing if it isn’t executed well, especially by your front line — the employees who interact daily with your customers. Unfortunately, these employees are regularly asked to execute strategies that others developed and that they may not understand, never mind feel committed or connected to. In fact, according to Robert Kaplan and David Norton, the founders of the Balanced Scorecard , only 5% of employees understand […]
IDEA IN PRACTICE: An in-depth look at how one European industrial-goods company used the ideas in this article to improve execution. INTERACTIVE TOOL: Use this simulator to test the effectiveness of various change initiatives. A brilliant strategy, blockbuster product, or breakthrough technology can put you on the competitive map, but only solid execution can keep you there. You have to be able to deliver on your intent. Unfortunately, the majority of companies aren’t […]
Artwork: Yayoi Kusama, Infinity Mirrored Room—The Souls of Millions of Light Years Away, 2013, wood, metal, glass mirrors, plastic, acrylic panel, rubber, LED lighting system, and acrylic balls, 113″ x 163 3/8″ x 168 1/8″; ©Yayoi Kusama. Courtesy of David Zwirner, Victoria Miro Gallery, Ota Fine Arts, KUSAMA Enterprise Since Michael Porter’s seminal work in the 1980s we have had a clear and widely accepted definition of what strategy is—but we know a lot […]
Enlarge Photo Former energy CEO Al Bolea and University of Houston professor Leanne Atwater teamed up to study what makes great business leaders. 15 photos Home of the Day Sponsor Listing Former energy CEO Al Bolea and University of Houston professor Leanne Atwater teamed up to study what makes great business leaders. Al Bolea has seen it from all angles and determined that a great energy CEO is someone who has developed strong leadership […]
View more from the Leadership is the global obsession. Thousands of recent books—many of them best sellers—have dissected the leadership styles of great leaders from Jesus to Jefferson. Business writers, too, have joined the frenzy. The trouble is, much of the business literature on leadership—unlike the broader literature on the subject—starts with the assumption that leaders are rational beings. In part, that’s because readers come to these business books for advice, so they get […]