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Difficult Conversations and Dealing with Challenging Situations at Work: The Partner Who Didn't Take Part
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Difficult Conversations and Dealing with Challenging Situations at Work: Managing Communication
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Difficult Conversations and Dealing with Challenging Situations at Work: The Questionable Contributions
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Difficult Conversations and Dealing with Challenging Situations at Work: Adjusting as a CEO
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Cisco Systems: In Search of the Next CEO
It's August 2014 and John Chambers is expected to announce his retirement after 17 years as CEO of global technology giant Cisco Systems. Under Chambers's leadership, Cisco has grown from $2.2 billion in annual revenues and under 4,000 employees to revenues of $46 billion and more than 66,000 employees. With Chambers's retirement imminent, Cisco's board of directors must design a detailed succession process that will allow a smooth transfer of power. What type of selection process should the board members use? Which qualities should they look for in potential candidates? Who should the board select for their shortlist of final candidates? In addition to exploring the history of Cisco, its current market position, and profiles of potential candidates, the case provides an overview of different types of succession planning processes. -
Transpower New Zealand: Evaluating Board Performance
Mark Verbiest, Chairman of Transpower New Zealand, initiated a performance review of Transpower's board of directors. The review, which took four months to complete, provided board members with individualized feedback on their performance, as well as information on how the overall board functioned as a team. As Verbiest considered the feedback from this process he questioned, was Transpower's board operating at optimal performance levels? Was Transpower's new CEO receiving the support she needed to fulfill her responsibilities? And, in light of the evaluation's findings, what should the board's action plan be? -
Gender at Work
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MOD Pizza: A Winning Recipe?
Scott and Ally Svenson, the founders of MOD Pizza, had to make a number of decisions in planning how to scale their small company. They wanted to grow MOD from 45 stores as of May 2015 to 200 stores by the end of 2016, and while the two believed that MOD could manage this growth from an operational standpoint, they wanted to make sure that MOD's culture was sufficiently strong to survive this rollout. The company had developed a strong culture, and the Svensons did not want MOD's core values and philosophies to be compromised as it rapidly expanded. To that end, they considered what the company needed to do in order to protect its core culture. Should it put rigid safeguards in place or trust that MOD could successfully scale its culture by hiring the right people and helping them develop as employees? The Svensons also discussed the possibility of an IPO at some point in the near future; what would this mean for its ability to stay true to its core values? -
Macy's: Evolution in the Sunshine State
In 2009, Lee O'Rourke was promoted to District Vice President in charge of Macy's newly created North Florida district. This district consisted of 11 stores located in the greater Orlando area and in the east coast towns of Daytona, Melbourne, Merritt Island, and Vero Beach. The performance of these stores had lagged in recent years, and O'Rourke was charged with building a cross-functional district team to support these stores and with improving their overall performance. O'Rourke and her team were able to drive almost immediate improvement in the district's sales growth and profitability and in other key areas such as customer service scores. How can O'Rourke ensure that these stores continue to perform well going forward? -
Riot Games: Can Culture Survive Growth?
In 2015, Riot Games, the maker of the top PC game League of Legends, considers its growth strategy as it moves into a new campus in Los Angeles. -
The Whys and Hows of Feedback
Performance feedback is crucial to a career in the information-rich global economy. However, feedback is psychologically stressful to both give, and hear. This teaching note explains why feedback is both valuable and difficult, and goes on to summarize research on effective feedback scenarios. What are the different kinds of feedback? What are the ideal qualities of the feedback giver, and recipient? How do corporate and national culture affect feedback practices? The note ends with a step-by-step "script" for formal feedback situations or performance reviews, with recommendations for both the giver and recipient of the feedback. -
Tim Keller at Katzenbach Partners LLC (A) (Abridged)
Tracks the first six months of a recent MBA grad, Tim Keller, at Katzenbach Partners, a boutique consulting firm focused on organizational change and strategy. Covers how Keller initially struggles with his assignment and ends with a question of whether or not he should attend a meeting that he was not invited to, where more senior consultants plan to implement the system dynamics tool that he was responsible for creating-on a Sunday when he had a major personal engagement. -
Clifford Chance: Women at Work
It was October 2013, and global law firm Clifford Chance was coming under fire for the second time in less than a year for reputedly failing to provide a supportive work environment for its female associates. A memo entitled "Speaking Effectively" was just issued to the U.S. offices of the firm and immediately sparked controversy, as some female associates claimed that the gender-specific advice in the memo was condescending and sexist. This controversy came close on the heels of a memo released in November 2012, in which a third-year associate gave her resignation and explained why she was leaving the firm by detailing her unsustainable schedule as both a corporate lawyer and a mother to young children. Both memos were leaked on the internet, prompting bloggers, media outlets, and the public to chime in with their own opinions as to whether the firm was sexist. How should Clifford Chance have responded to these allegations? Was the firm sexist, or were things being taken out of context and blown out of proportion? If the firm determined that it needed to take heed and create a more inclusive culture that better met the needs of its female associates, where should it begin? Finally, how were the lessons learned in this case applicable to corporate America in 2014, where only 5.2% of Fortune 500 CEOs and 16.9% of board members in the United States were women? -
JPMorgan Chase: Tapping an Overlooked Talent Pool
By the spring of 2014, the pilot had come to an end for JPMorgan Chase's ReEntry Program, a program designed for women coming back to the workforce after a period of time away. Mary Callahan Erdoes, CEO of Asset Management, and her team had to evaluate whether or not the program had been successful. Participants and managers both had provided some anecdotal positive feedback on the program, but Erdoes wanted to know how they could truly calculate the ROI. Wall Street was a data-driven place to work, and if they wanted to create something that would survive beyond the tenure of the firm's existing leadership, they had to prove that the time, money and energy invested by the firm was worth it. Calculating ROI would also help them to prepare for subsequent runs of the program and determine in what ways, if any, they should differ from the pilot. What factors should Erdoes and her team consider when calculating ROI? How can they position the program to ensure its survival? -
Delhaize Group: Developing Leaders
Delhaize Group, the Belgian-based global food retailer, was focused on competing in the food retailing industry by developing leading positions in key markets via localized retailing strategies. Delhaize was committed to offering its customers superior value while maintaining high social, environmental, and ethical standards. For Frans Muller, Delhaize's president and CEO, the key to executing on this strategy was ensuring that the Group was developing leaders with the requisite skills and competencies. In light of this, Muller felt it was important to assess the Group's leadership development practices. Were the current training and development programs effective? What were the leadership skills that would be needed to execute on Delhaize's strategic plan, both today and in the future? -
BlackRock: Diversity as a Driver for Success
In July 2014, the Global Executive Committee (GEC) for BlackRock, the world's largest asset manager, held a two-day off-site meeting to discuss the state of talent within the firm. A year prior, in 2013, Chairman and CEO Laurence (Larry) Fink had asked Global Head of HR Jeff Smith to outline to the GEC the firm's Diversity and Inclusion efforts, benchmarking its progress against eight practices associated with building more inclusive cultures. At the July 2014 off-site meeting, Smith and Kara Helander, Global Head of Philanthropy and Diversity and Inclusion (D&I), provided a summary of the firm's journey to-date and an update on its progress. The message from Fink at the July meeting was clear: The firm needed to do more. This message was also reinforced by the Board which wanted to see an increase in diversity in succession plans and leadership ranks. Smith and his team needed to work with the GEC to lead the change. They needed to decide: What needed to be done next? What were the key areas that needed the most improvement? What were the greatest challenges and opportunities facing the firm, and how could D&I initiatives help address them? What actions needed to be taken to meet the request from Fink and the Board? -
Should a Female Director "Tone It Down"? (HBR Case Study and Commentary)
Sarah is a director of a Real Estate Investment Trust whose CEO has expressed his admiration of her intellect and drive for information, but board meetings have become tense recently, and the CEO has grown distant. In Sarah's opinion, the problem is obvious: Sid Yerby, the CFO. Despite Sarah's repeated requests for comprehensive financial statements, he continues to come to board meetings with a mere two pages of analysis that lack any explanation or footnotes. Increasingly, however, hers seems to be the minority view, and, as the only woman on the board, she is starting to feel isolated. The chairman has warned her that everyone is starting to think of her as "pushy." Should she quit the board? Expert commentary comes from Ilene S. Gordon, CEO and chairman, Ingredion, and Sue Decker, former president, Yahoo. -
Should a Female Director "Tone It Down"? (HBR Case Study)
Sarah is a director of a Real Estate Investment Trust whose CEO has expressed his admiration of her intellect and drive for information, but board meetings have become tense recently, and the CEO has grown distant. In Sarah's opinion, the problem is obvious: Sid Yerby, the CFO. Despite Sarah's repeated requests for comprehensive financial statements, he continues to come to board meetings with a mere two pages of analysis that lack any explanation or footnotes. Increasingly, however, hers seems to be the minority view, and, as the only woman on the board, she is starting to feel isolated. The chairman has warned her that everyone is starting to think of her as "pushy." Should she quit the board? Expert commentary comes from Ilene S. Gordon, CEO and chairman, Ingredion, and Sue Decker, former president, Yahoo. -
Should a Female Director "Tone It Down"? (Commentary for HBR Case Study)
Sarah is a director of a Real Estate Investment Trust whose CEO has expressed his admiration of her intellect and drive for information, but board meetings have become tense recently, and the CEO has grown distant. In Sarah's opinion, the problem is obvious: Sid Yerby, the CFO. Despite Sarah's repeated requests for comprehensive financial statements, he continues to come to board meetings with a mere two pages of analysis that lack any explanation or footnotes. Increasingly, however, hers seems to be the minority view, and, as the only woman on the board, she is starting to feel isolated. The chairman has warned her that everyone is starting to think of her as "pushy." Should she quit the board? Expert commentary comes from Ilene S. Gordon, CEO and chairman, Ingredion, and Sue Decker, former president, Yahoo. -
Manage Your Work, Manage Your Life
Senior executives have discovered through hard experience that prospering at their level is a matter of carefully combining work and home so as not to lose themselves, their loved ones, or their foothold on success. To learn how they reconcile their professional and personal lives, the authors drew on five years' worth of interviews with almost 4,000 executives worldwide, conducted by students at Harvard Business School, and a survey of 82 executives in an HBS leadership course. Their stories and advice reflect five main themes: defining success for yourself, managing technology, building support networks at work and at home, traveling or relocating selectively, and collaborating with your partner. Some intriguing gender differences emerged in the survey data. For example, men still think of their family responsibilities in terms of breadwinning, whereas women often see theirs as role modeling for their children. And male executives tend to praise their partners for making positive contributions to their careers, whereas women praise theirs for not interfering. Executives of both sexes consider the tension between work and family to be primarily a women's problem, and most of them believe that one can't compete in the global marketplace while leading a "balanced" life. "Earnestly trying to focus," the authors conclude, "is what will see them through."