• What Makes Successful Frameworks Rise Above the Rest

    Conceptual frameworks like the BCG growth share matrix and SWOT analysis have had an enduring impact on business strategy and practice. The author provides seven evaluation criteria comprehensiveness, utility, validation, clarity, memorability, integration, and differentiation leaders can use to create more effective frameworks for their businesses.
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  • SODASTREAM INTERNATIONAL: CHAMPIONING - AND MARKETING - VALUES

    The case examines a number of critical episodes in the growth of SodaStream International Ltd., an Israeli maker of home beverage carbonation products. In particular, the case centers on the role of CEO Daniel Birnbaum in a series of highly public confrontations with competitors, critics, and government officials that highlight issues of corporate social responsibility (CSR) and CEO activism. While other published case studies have chronicled Birnbaum's early efforts to turn around the century-old company following its acquisition by a venture capital firm in 2007, the current case delves into the more recent - and more turbulent - history of the company with particular emphasis on the role of business in society and issues faced by senior business leaders in reconciling personal values with the pursuit of business results. The case also considers the specific context of SodaStream as an Israeli company confronting a unique and complex set of societal, political, and geopolitical challenges. The case asks readers to consider the impact of the events described on the company, its business performance, and various stakeholders. The case also invites a discussion on the evolving role of corporations as agents of business and societal change and prompts participants to consider the role of business leaders in confronting complex moral and social issues. In particular, the case explores the growing phenomenon of 'CEO Activism' and the potential clash between individuals' moral or political beliefs and the responsibilities of public company executives to deliver business results.
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  • Aligning Corporate Learning with Strategy

    Although learning executives such as chief learning officers must shoulder the burden of developing the company's talent capabilities and supporting strategic priorities, the authors argue that CEOs and other top executives have a critical role to play. Personal engagement and leadership on the part of the CEO can make a big difference in setting the right tone for the organization. While companies often begin with training-needs assessments, the authors recommend starting by mapping what they call the "CEO agenda"to ensure that learning gets properly aligned with strategy. This connects learning and development with the company's specific needs and cuts through the noise of multiple initiatives vying for attention -highlighting the critical "must-win battles"that the CEO has identified. The next task is to operationalize the learning agenda through a portfolio of learning and development activities. This involves doing an inventory of existing learning and development resources. Companies should repeat this on a regular basis, the authors say, to ensure that the activities in place reflect the company's learning strategy. Companies should be wary about making wholesale changes to learning portfolios and organizational structures, the authors warn, unless there are major shifts in the company's mission or business context. Reorganizations "should be limited to situations where they are warranted -for example, when the learning agenda is misaligned with corporate strategy or the strategy changes." Like the CEO agenda, the company's learning agenda should articulate the essential strategic initiatives for corporate learning. Choices about what to include or eliminate to bring learning activities in line with current priorities should not be made in isolation, and the authors say it's important to get input and buy-in from both the learning organization and business leaders -all the way to the CEO level.
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  • RE-IMAGINING CROTONVILLE: EPICENTER OF GE'S LEADERSHIP CULTURE (B)

    Supplement for IMD605
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  • Re-Imagining Crotonville: Epicenter of GE's Leadership Culture (A)

    The case examines the evolution of GE's corporate university in Crotonville, NY from its founding in 1956 through 2010 and the start of an effort of "Re-Imagining Crotonville." One of the world's first corporate universities, Crotonville became a model of leadership development and a recognized innovator in its field. The case details the role that Crotonville played under successive GE leaders, from Ralph Cordiner - who inaugurated Crotonville to train general managers to support a sweeping decentralization program - to Jeffrey Immelt. It considers how the institution changed in response to changing business needs and the factors that contributed to its vitality and success over several decades. Beginning in the 1980s, Crotonville became the nerve center of a cultural change effort launched by CEO Jack Welch, spawning programs such as "Work-Out" to cut through bureaucracy and return initiative to individual managers. Following the global financial crisis in 2008-9, CEO Jeffrey Immelt and Crotonville's leaders set in motion an exploration of the changing nature of leadership needed to confront the new realities in which GE operated globally. CLO Susan Peters initiated Re-Imagining Crotonville to align learning and development with these new leadership expectations. The case examines the choices faced by Peters and her team in re-thinking the environment, experience, and content of leadership learning at Crotonville. Learning objectives: Understand factors that have made Crotonville central to GE's leadership culture over time. Examine role of CEO and corporate leadership in driving cultural change through learning and development. Understand the unique assets and potential limitations of a 'corporate university' model for leadership learning. Explore the change management challenges of managing a legacy of success - continuing to evolve while preserving the strong 'brand' and 'secret sauce' that make Crotonville unique.
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  • Wanted: Chief Ignorance Officer

    Ignorance management is arguably a more important skill than knowledge management. Mastering nescience requires learning four basic principles.
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