Harvard Business Review

APRIL 23, 2014

The Lean Startup is an approach to developing new products that came out of “Agile” software development, with “sprints” (quick deliverables) and fast learning. There is a lot at stake here for GE’s operations strategy. In January 2013 the team came out with a “minimum viable product.” and compete successfully.

Ries 10

Ries Waterman Finance Learning-by-Doing 10

Harvard Business Review

NOVEMBER 30, 2017

In fact, MGI analysis of financial data shows that large publicly traded US manufacturing firms, most of them multinationals with revenues greater than $500 million, averaged returns on invested capital of 22% from 1997 to 2013. manufacturers do source from domestic suppliers, they tend to regard them purely as a cost center.

Supply Chain 8

Supply Chain McKinsey Incentives Bottom-up 8

Harvard Business Review

DECEMBER 23, 2016

The ManpowerGroup Contingent Workforce Index of 2013 showed 40% of all ManpowerGroup consulting engagements blended permanent and contingent workers. That leaves most organizations lacking a clear total workforce perspective and no integrated strategy to engage workers at the right time, cost, and contractual arrangement.

Strategy 8

Strategy Span of Control Finance How To 8

Harvard Business Review

MAY 16, 2016

The current mantra is “Move fast with stable infrastructure”, which speaks to the organizational design challenge of operating at scale in a fickle and volatile world. ” It further revealed a complex and siloed organization, with competing operating assumptions, values, and practices across the group.

Banking 14

Banking Strategy Film Operations 14

Harvard Business Review

MAY 2, 2013

This is very different from the way large businesses have operated for decades. Until now, the goal has been to standardize and optimize transactions among these components to reduce costs and achieve efficiency. What does it mean to operate in a digital business ecosystem? Most of these benefits have been achieved.

CIO 8

CIO Competitive Advantage Agility Hamel 8

Harvard Business Review

APRIL 29, 2013

So business leaders relentlessly drive down costs to maintain share. We are at the early stages of seeing large organizations outsource specific services such as HR, accounting, payroll, and IT support while breaking themselves up into smaller, more agile enterprises to address specific markets, geographies, or customers.

CIO 8

CIO CEO Outsourcing Agility 8

Harvard Business Review

JANUARY 29, 2015

As Marco Annunziata , Chief Economist at GE, told me, “We’re no longer selling customers just a jet engine, a locomotive, or a wind turbine; we’re bringing data and actionable solutions along with the hardware to reduce costs and improve performance.” Operations Competitive strategy Technology'

Software 8

Software Six Sigma Insourcing P&L 8

Harvard Business Review

MAY 6, 2013

To be fair to the CIO, CEOs have created this problem by emphasizing efficiency and cost-cutting over value creation. These are the things that will create more value for the customer and enable the enterprise''s agility. To put it simply, CIOs are not engaged in the strategic decision-making that goes on at the executive level.

CIO 8

CIO Hamel Technology Tactics 8

Harvard Business Review

APRIL 23, 2018

Since the Apollo program, NASA has faced funding cuts, competition from other nations for space leadership, and a radical restructuring of its operating environment due to the emergence of commercial space – all of which have forced the organization to change its ways of thinking and operating.

Budgeting 8

Budgeting Technology Innovation Operations 8

Harvard Business Review

NOVEMBER 20, 2017

Today’s successful companies close the strategy-to-performance gap with a new strategy approach best described as “Decide-Do/Refine-Do” This agile, test-and-learn approach is better suited to today’s tumultuous environment. The rise and fall of Webvan illustrates the cost of an inflexible strategy.

Execution 8

Execution Strategy Contingency Plans Company 8