Another knock-on effect of the ACA is that healthcare and hospital systems are struggling to cope with new managerial changes demanded of them. Increasingly, hospital boards want an outside perspective, along with different skill sets—and they are willing to go outside the industry to get it.
Company leaders who overstay their welcome ultimately hurt their organization's performance new research suggests. In addition, management expert Ram Charan argues in his latest book, “Boards that Lead,”that CEO tenure is dropping in part because of boards are no longer reluctant to pull the trigger, but also due to the fact that more and more CEOs are unable to navigate a necessary change of course.
Both GM’s Dan Akerson and Ford’s Alan Mulally arrived at their respective positions from outside the auto industry. The former is the “accidental car guy” while the latter is the aviation engineer. Their exits are being closely watched but for slightly different reasons.
Companies whose businesses rely on patented software or patented business methods are increasingly at risk of chaotic court decisions and a real chance their patents will be declared invalid. The resulting unpredictability is hindering new innovation, threatening well-established patents and discouraging capital investment. Without confidence that intellectual property rights are secure, investors are reluctant to fund companies, undermining the innovation for which the technology industry is known. Here are several ways to protect your company.
In recent weeks, speculation about who will succeed Steve Ballmer as CEO of Microsoft has become intense. The top pick among possible insiders is Enterprise chief Satya Nadella. But what about the dark horse candidates? And what about finding the kind of leader the tech giant really needs?
While the ‘Living Wage’ issue seems to affect only the largest retailers and fast-food giants, the effort, if successful, will alter every business’ ability to enter into basic agreements with individuals resulting in a benefit for both parties.
A number of former CEOs of top companies are finding out what it’s like to come back as CEO – of the same company. Since the late Steve Jobs handsomely succeeded in his second tenure at Apple, the idea has lost its traditional stigma. The steadily growing group of such chiefs are succumbing to the pleas of boards of directors who are certain that they’re the only people for the job – again.
Right now most of the drama being generated by Obamacare has to do with the failure of the Healthcare.gov web site and the slow going in getting individual Americans signed up for insurance coverage. But make no mistake: Even though business got a reprieve in the onset of the legal mandates of the Affordable Care Act to next fall, business owners are currently in the throes of important business decisions being prompted by the new law – and by its intended, and unintended, consequences.
Is your organization using predictive analytics to improve the development of your staff, and then linking this data to business performance? If not, it is time to consider the question with some seriousness, because predictive analytics is already being used in your organization in the areas of sales, operations and finance. Using it in the context of fostering learning and development within the organization can create competitive advantage.
Sometimes the chain of command, what Vanderbilt professor Dave Owens calls the “hierarchy of no,” can get in the way of generating great ideas that can advance bold initiatives. Rhode Island based Rite-Solutions, an engineering software and IT solutions company, came up with a compelling way to deal with this challenge.