Harvard Business Review

MAY 6, 2015

The fear of getting Netflix-ed or Uber-ized is spurring big companies to dial up their investment in innovation. But as investment increases, many companies are struggling with a challenging question: how do you know whether your chosen innovation strategy is actually bearing fruit? Number of projects in the innovation pipeline.

Metrics 8

Metrics Innovation Company Stage-Gate 8

Harvard Business Review

DECEMBER 17, 2014

How much does your company need to invest in innovation? To get everyone to agree on a realistic goal, we suggest picking a year far enough in the future that people feel safe discussing what needs to happen by that time but not so far away that uncertainty about technological or market developments would render a discussion meaningless.

Innovation 9

Innovation Company Venture Capitalist Business Model 9

Harvard Business Review

SEPTEMBER 20, 2018

Stars of Science, a reality TV “edutainment” competition for the Arab world, is set to celebrate its 10th anniversary, owing to its success as a show that rewards innovation above all else. The show itself is an innovation, and it’s a self-generating resource. There’s nothing else like it out there.”

Content 8

Content Apparel Innovation Pharmaceuticals 8

Harvard Business Review

MARCH 21, 2018

Car-rental giant Hertz has worked to develop a “Just in Time” approach to delivering highly relevant offers at the exact moment when the customer is evaluating deals across the channels they prefer, whether it is through call-center agents, counter terminals, handheld devices, or the Hertz web site. Under Armour, Inc.

Loyalty 14

Loyalty Marketing Maslow Apparel 14

Harvard Business Review

AUGUST 4, 2017

The accessories and apparel designer uses in-store radio-frequency identification to send clothing items to dressing rooms, helps customers choose different styles and sizes, and shows stock availability in stores and online. But brick-and-mortar retail doors are closing, especially for apparel, as shoppers take their business online.

Retail 8

Retail Brand Apparel Discount 8

Harvard Business Review

JUNE 3, 2015

Intriguingly, some start-ups are coming up with characteristically innovative ways to tackle the problem. You would think that launching an innovative company, selling it to Amazon , and having sales of over $2 billion is enough for an entrepreneur, but not for Hsieh. The size of the apparel market only in the U.S.

Apparel 8

Apparel Strategy Insourcing Efficiency 8

Harvard Business Review

JULY 1, 2011

The Economist 's June 2 article " Following the footprints " explores the latest developments in carbon reporting and what companies are learning as they wade into the challenges of measurement. These are innovation tools. The Sustainable Apparel Coalition offers a glimpse of one such effort. In 2008, Dairy Management Inc.

Supply Chain 15

Supply Chain Apparel Management Retail 15

Harvard Business Review

APRIL 25, 2017

Innovation abounds (especially in technology) and new value is being created hand over fist — yet the resulting wealth gains go to the few, while the many wind up financially worse off. This vexing global challenge causes me to wonder, “What if the world’s innovators turned their sights on solving this problem?

Drucker 9

Drucker Apparel Chemicals Globalization 9

Harvard Business Review

APRIL 1, 2016

It was the stuff of Silicon Valley lore : Employees from across the company took a break from their regular projects to develop mind-blowing ideas about artificial intelligence over an intense 24-hour period. At their best, hackathons create a structure and process around idea development. Hackathons are no longer just for coders.

Supply Chain 8

Supply Chain Banking Brainstorming Participative 8

Harvard Business Review

MAY 22, 2018

The automotive industry is being disrupted by electric vehicles and self-driving cars, just as home appliances is being disrupted by the Internet of Things and smart appliances, home entertainment by on-demand content providers, and apparel by online personal stylists such as Stitch Fix and Trunk Club. Proprietary research A.T.

Automotive 8

Automotive Brand Technology White Paper 8

Harvard Business Review

JUNE 17, 2016

Consider the sports apparel company Under Armour. Its goals are extremely ambitious; it is not just a pioneer in developing new fabrics for active wear, but in developing wearable electronics. You are likely to discover, along the way, that you lack the capabilities you need, and must develop them from scratch.

Company 8

Company Engineering Apparel Marketing 8

Harvard Business Review

NOVEMBER 21, 2016

The company offers a subscription clothing and styling service that delivers apparel to its customers’ doors. And third, various machine-learning techniques should be combined to effectively identify insights and foster innovation. This is where the work interface comes into effect. Or knowledge about a client’s age?

Company 8

Company Fashion Apparel Trends 8

Harvard Business Review

NOVEMBER 17, 2017

If you walk into a department store today, you are probably talking to a guy who is untrained; he was selling vacuum cleaners yesterday, and now he is in the apparel section. Developing a bold but executable strategy starts with making sure leaders have addressed the questions of “What are we great at?”

Execution 16

Execution Strategy How To Budgeting 16

Harvard Business Review

NOVEMBER 6, 2012

Entrepreneurs and innovators are supposed to be happily self-directed. According to Gail Baugh, president of PeopleWearSF, an alliance of sewn-product-industry professionals, the apparel industry can use many discarded materials for textiles. Instead, the same sad story is popping up in many parts of the world.

Entrepreneur 16

Entrepreneur Cooper Apparel Bureaucracy 16

Harvard Business Review

MAY 28, 2013

In one of the most comprehensive global surveys of corporate directors to date, we found that they were very worried about developing and enacting strategic plans that will enable their organizations to succeed. Not innovation, risk management, technology, debt, or the regulatory environment. Not competitive threats. Not rising costs.

Talent Management 8

Talent Management Company Telecommunications Management 8

Harvard Business Review

MAY 12, 2015

That’s why CMOs need to develop four types of leadership, which are based loosely on Gartner’s Intelligent Brand Framework. The idea is to identify your power center — which one best represents your natural capabilities — and develop skills to flex across these leadership styles. It resonated.

Leadership Styles 8

Leadership Styles Leadership Brand Audience 8

Harvard Business Review

NOVEMBER 21, 2012

Bonobos was one of the first vertically integrated online apparel companies — specializing in men's pants. In our article, we call this barrier to disruption the ecosystem barrier; or the barrier that emerges when certain customers can't get the job done without the development of new businesses. a Bonobos convert for life.

Retail 9

Retail Apparel Christensen Discount 9

Harvard Business Review

MAY 21, 2013

In a knee-jerk reaction some firms have decided to just give up and exit the country altogether — a move that clearly does not serve the interest of the workers and which pulls valuable resources from developing economies. Corporate social responsibility Global business Innovation'

Business Model 9

Business Model Supply Chain Compliance Disaggregation 9

Harvard Business Review

DECEMBER 6, 2013

Here, Try Some Nixon and Kimchi: How the Garment Industry Came to Bangladesh Planet Money I admit it: The reference to Nixon and kimchi in the headline got me to read it, but this piece on how Bangladesh came to be a world center for apparel manufacturing held my interest. Then, with the introduction of the iPhone, they didn''t.

CTO 8

CTO Apparel Ryan Proposal 8

Harvard Business Review

AUGUST 2, 2013

Others gain new responsibilities in strategy, M&A integration, or innovation. You may appoint a temporary CDO to get your house in order, or you may develop other ways to get the job done. Today''s CIO Needs to Be the Chief Innovation Officer. Some CIOs become CIO-Plus-COO or CIO-Plus-Head of Shared Services.

CIO 8

CIO Technology Apparel Information Technology 8

In the CEO Afterlife

MARCH 18, 2015

Back in the ‘90s, LEGO had cluttered its corporate structure with the complexity that comes with acquiring a variety of businesses from apparel to theme parks. With 60% of annual sales coming from innovative new products, it is clear that LEGO has not been idle. By 2004, sales and profits were in double digit declines. In-N-Out Burger.

Apparel 100

Apparel Brand Franchising Competitive Advantage 100

Harvard Business Review

DECEMBER 17, 2013

But as I’ve done for the last 4 years, I’ll attempt to summarize some of the latest stories about the big environmental and social pressures on business, and how some innovative companies are dealing with them. Food and food waste gets more attention, debate, and innovation: Can cows save the world, or should we make meat in labs?

Supply Chain 10

Supply Chain McKinsey Energy Apparel 10

Harvard Business Review

FEBRUARY 13, 2017

I talked with Rita McGrath, a professor at Columbia Business School, who together with Ian MacMillan, of the University of Pennsylvania’s business school, developed this classic methodology for planning innovation. It’s a technique that any manager can use when developing and launching a new venture.

Planning 9

Planning Benchmarking Project Competitive Advantage 9

Harvard Business Review

JANUARY 28, 2014

Business by now has a well-developed playbook for dealing with such sustainability issues. After a terrible fire killed many workers in Bangladesh apparel factories, European retailers Primark and C&A worked to establish long-term compensation funds for victims and their families. Take an Interest.

Golden Parachute 11

Golden Parachute Apparel Trends Short-term 11

Harvard Business Review

FEBRUARY 27, 2017

In the developed world, we enjoy better medicines, connectivity, and mobility than most of us could have imagined even 20 years ago. Meanwhile, business was free to focus on generating growth, productivity, innovation, and, ultimately, societal wealth. The effects of technology on humans depends on how we choose to develop and use it.

Globalization 8

Globalization Supply Chain Human Capital Long-term 8

Harvard Business Review

DECEMBER 23, 2015

Sectors calling for action included banking (Bank of America, Citi, Goldman, JPMorgan, Morgan Stanley, Wells Fargo), the apparel industry (including Levi, Gap, Adidas, VF), and the World Economic Forum, which brought 79 CEOs together to urge action. Big, aggressive targets drive organizations (like the ones above) and countries forward.

Supply Chain 8

Supply Chain Apparel Energy Price 8

Harvard Business Review

AUGUST 14, 2015

Consumers evidently felt their needs were met sufficiently well enough that they didn’t need a cola, vodka, or bridal apparel from Virgin, among many other products and services which Virgin has introduced and subsequently withdrawn. Think of the equity of a brand in terms of a bank account.

Brand 8

Brand Banking Apparel Strategy 8

Harvard Business Review

OCTOBER 28, 2014

In a pattern that would become familiar to today’s innovation thinkers, Worthy reports, “the then managements of Sears and Wards alike failed to grasp the significance of these new developments.”. But then “Sears found the answer first,” Worthy reports, in 1924.

Retail 9

Retail Quinn Real Estate Apparel 9

Harvard Business Review

JULY 30, 2018

It turns out that the word “innovation” is not a Harry Potter-esque magical incantation that, once spoken, renders companies more inventive, creative, and entrepreneurial. It can be emblazoned on the door to a new innovation center in Silicon Valley. Yes, even Toys R Us had a head of innovation.).

Innovation 15

Innovation Company Budgeting Survey 15

Harvard Business Review

DECEMBER 20, 2016

I’m talking about the superconsumers who are inside your organization, working at every level: the fashionista who works in the mail room at the headquarters of an apparel company, or the finance manager who works for a pork brand and who eats three pounds of bacon in any given week. They will benefit the most from being mentored.

Airlines 8

Airlines Energy Self-aware Learning Curve 8

Harvard Business Review

DECEMBER 20, 2011

Increased demand for transparency and its close partners, (a) the quest to define and develop useful sustainability metrics and (b) the growing sustainability data explosion. Value chain and transparency partnerships growing: The apparel industry bands together. for " every manufacturer, component, and process in apparel production."

Supply Chain 15

Supply Chain Apparel P&L Long-term 15

Harvard Business Review

DECEMBER 18, 2017

With over 500 million dedicated fans, it also happens to be one of the most innovative franchises when it comes to fan engagement. “NASCAR is unique for the loyalty of its fans and the way that the entire sport comes together once a week,” says Nick Franza, Manager, Technology Integration and Development at NASCAR.

Sports 8

Sports Brand Content Industry 8

Harvard Business Review

DECEMBER 15, 2010

Successful companies develop a system of a few truly unique capabilities that help them create differentiated value for their chosen customers. Kmart, by contrast, has failed to develop a unique or differentiated way to play, and all that goes with it. What drives some companies to succeed while others languish?

Succession 15

Succession Retail Merchandising Supply Chain 15

Harvard Business Review

JUNE 20, 2014

This popular triumph of the “ heuristics and biases ” literature pioneered by psychologists Daniel Kahneman and Amos Tversky has made us aware of flaws that economics long glossed over, and led to interesting innovations in retirement planning and government policy. The same for an apparel business. Less was more. Yeah, less is more.

Uncertainty 10

Uncertainty Kahneman Banking System 10

Harvard Business Review

JUNE 13, 2012

We're delighted to announce the winners of the Long-Term Capitalism Challenge , the third leg of the HBR/McKinsey M-Prize for Management Innovation. The athletic apparel giant has also engaged a broad base of partners (and competitors) in innovation toward that goal. It's not enough to change one company.

Organization 15

Organization Cooper McKinsey Long-term 15

Harvard Business Review

DECEMBER 19, 2014

Both in response and pre-emptively, the world’s leading companies continued to aggressively pivot their businesses toward more sustainable and innovative ways of operating. And citizens, using new social media tools and old-fashioned marches, rose up to drive change. A teenager pressures Cola-Cola and Pepsi – and wins.

Chemicals 13

Chemicals Short-term Energy Report 13

Harvard Business Review

JULY 30, 2014

It’s easy to scan headlines and see undisciplined for-profit companies (take GM, American Apparel). The rise of the impact investor is an important development in the social sector, and no social entrepreneur should leave mission-aligned money on the table. Good Reason #2: If equity investment is the best way to get start-up capital.

Entrepreneur 10

Entrepreneur Apparel Transportation Fashion 10