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If Greece Embraces Uncertainty, Innovation Will Follow

Harvard Business Review

Many politicians and commentators mention two critical factors in accomplishing this: increasing innovative capacity and reducing bureaucracy. First, they are less likely to take risks – which means they are unlikely to invent new products, processes, or business models. But Greece cannot stop there.

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Sustainability in Financial Services Is Not About Being Green

Harvard Business Review

As a result, institutions in the financial services sector risk losing their license to operate — the permission to conduct business granted by customers, partners, and government. This is in direct contrast to "financial innovation" that focuses on only one dimension of performance, putting the others at risk.

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What Should an Apple Car Be?

Harvard Business Review

A teenager old enough to drive is twice as likely to have a smartphone as they are a driver’s license. One way to appeal to this demographic (and to the parents who often finance young drivers’ transportation) is to focus on safety. What parent who could afford it wouldn’t pay a premium for a car like this?

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How Separate Should a Corporate Spin-Off Be?

Harvard Business Review

Businesses sometimes need to invest in new opportunities that do not fit the current business or current strategy well. Whenever a division has a business model that is different from that of the core businesses, the risk of subtracted value is particularly high: the corporate rules of thumb are often toxic.

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What to Do When Your Future Strategy Clashes with Your Present

Harvard Business Review

Doing that required developing a new business model in which MedStar would get paid to keep patients well. Drawing on a powerful tool from the finance world, they conceived of those collections operating as portfolios — each with a specific business objective and time horizon. The innovation portfolio.

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Elon Musk’s Unusual Compensation Plan Isn’t Really About Compensation at All

Harvard Business Review

If, by contrast, Tesla’s target was merely a $100 billion market capitalization — frankly, a great target for most companies, as it projects a 7% return annually for the next 10 years — then investors might quickly lose their appetite to continue financing the company. They signed up for transformation, not steady returns.

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Many Companies Still Don’t Know How to Compete in the Digital Age

Harvard Business Review

There is no better illustration of the need for business leaders to expand their focus beyond traditional views of disruption than the case of Kodak. If you are competing in an ecosystem world, you must pay as much attention to the progress of co-innovators as to your own innovation efforts. A misunderstood story.