N2Growth Blog

JANUARY 23, 2024

By tapping into their expertise, organizations can benefit from fresh perspectives, innovative ideas, and best practices that can drive business success. They stay abreast of industry trends, emerging technologies, and regulatory changes that can impact businesses.

Consultative 221

Consultative Organization Self-aware Objective 221

Lead Change Blog

DECEMBER 23, 2019

These companies have failed to innovate and stay ahead of the rapid changes in technology, and so have fallen by the wayside. Companies with a high AQ are able to spot customer pain points and trends, and shift gears to create new opportunities that leverage the company’s core competencies and expertise.

Leadership 154

Leadership Leadership Styles Hotels Core Competence 154

Persuasive Powerhouse

JULY 26, 2010

So what is your role in influencing creativity and innovation in others? We know it isn’t enough to simply add creativity to a list of values your organization espouses or to bring in consultants who get staff keyed up about innovating. Innovative ideas tend to require more risk than “more of the same”.

Creativity 183

Creativity Influence Innovation Brainstorming 183

Skip Prichard

JUNE 24, 2021

An organization that is nimble has the modernized and matured their practices related to people, processes, technologies, ecosystems, and strategy such that they can seize opportunities as they present themselves and stave off issues that present themselves more readily, as each will be presented more quickly than in the past.

Company 101

Company How To Core Competence Venture Capitalist 101

First Friday Book Synopsis

JULY 13, 2014

He advises large, global organizations on strategy, innovation and organizational change and is recognized as a leading expert in enabling organizational renewal and growth through innovation. His experience cuts across industries and includes technology, consumer products & retail, healthcare, energy, financial services […].

Prahalad 93

Prahalad Hamel Core Competence Drucker 93

First Friday Book Synopsis

MAY 28, 2014

He advises large, global organizations on strategy, innovation and organizational change and is recognized as a leading expert in enabling organizational renewal and growth through innovation. Peter Skarzynski is a founder and Managing Partner of ITC Business Group, LLC.

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Prahalad Hamel Core Competence Wilde 75

Leading Blog

JANUARY 27, 2020

AI is breaking down the limits that are inherent in traditional operating models to drive new value, growth, and innovation. Digital technology and AI are meeting an increasing variety of needs and enabling an incredible variety of use cases.”. Capabilities Are Increasingly Horizontal and Universal.

Operations 318

Operations Industry Learning-by-Doing Automotive 318

Mike Cardus

SEPTEMBER 22, 2024

This step builds confidence by asking teams to identify their core competencies and recent achievements. Opportunities : The team sees potential in leveraging new technology, such as installing IoT sensors to monitor machine conditions like temperature and vibration.

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Strategic Planning Analysis SWOT Planning 78

Tanveer Naseer

MARCH 10, 2015

The following is a guest piece by Innovation Excellence co-founder Rowan Gibson. What most companies understand now is that the only way to drive profitable growth and wealth creation over the longer term is to innovate. But that’s not the way radical innovators envisage their organizations. This is quite understandable.

How To 100

How To Retail Core Competence Innovation 100

Leading Blog

AUGUST 14, 2018

Steinway & Sons spiraled into decline “in large part due to its myopic obsession with craftsmanship at the expense or technological advancement and automation.” In other words, core competencies turned into core rigidities, preventing the firm from responding appropriately to the strategic threat Yamaha posed.”. “It

How To 177

How To Core Competence Pharmaceuticals Creativity 177

N2Growth Blog

AUGUST 9, 2010

You will also be competing to retain talented employees that other companies would like to lure away. What about competing against the innovation of others that could cause the obsolescence of your product or service? What about competing to maintain key business relationships with vendors, suppliers, partners and the like?

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Blog Brand Depreciation CEO 305

Harvard Business Review

FEBRUARY 21, 2011

But it got stuck in its core competence of traditional film products and missed the rise of digital photography and printing. It sold this money-losing division systematically evolved itself to become, once again, a respected technology competitor. And the ability to do that may become a new core competence.

Core Competence 15

Core Competence Prahalad Film Hamel 15

N2Growth Blog

JUNE 14, 2010

Few things are more critical to your efforts in increasing your revenue growth and corporate sustainability than understanding the value of disruptive innovation. So why do so many established and often well managed companies struggle with disruptive innovation? or my personal favorite, “We need to focus on our core business.&#

Business Model 361

Business Model Blog Disruptive Innovation Brand 361

Harvard Business Review

OCTOBER 17, 2013

Prahalad , the guru of “ core competence ,” doing a strategy audit for a huge Indian conglomerate. It needs to shed a few divisions and find and focus on an integrative core competence. The customer is the ultimate beneficiary of these enhanced core competencies—not the driver or determinant.

Core Competence 8

Core Competence Prahalad Supply Chain Hamel 8

HR Digest

JANUARY 6, 2022

But as a company who also values innovation and “looking around the corner,” we are always challenging the status quo—so absolutely, there is always room for improvement! There wasn’t a lot of direct customer interaction, and innovation was hindered by this schedule. Our business plateaued and growth stalled.

Software 98

Software Engineering Learning-by-Doing Diversity 98

Mills Scofield

FEBRUARY 8, 2013

Last month, we learned about Geneca's journey into creating a culture of innovation within the company. Cause marketing, she said, was going in a new direction: Leveraging core competencies to make a positive difference in the community, on employees and the bottom line. Just goes to show what great leadership can do!

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Ryan PR Project B2B 130

Tanveer Naseer

MAY 13, 2014

When it comes to promoting innovation in our organizations, we are continually reminded of the importance of communicating acceptance of failure as part of the process to developing a new product or service offering.

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Delegation Long-term Learning-by-Doing Motivation 275

Harvard Business Review

APRIL 9, 2018

The first thing they should know is that not all technological change is “disruptive.” ” It’s important to distinguish between different types of innovation, and the responses they require by firms. We used a topic-modeling algorithm that attempts to determine the topics in a set of text documents.

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Disruptive Innovation Innovation Business Model Human Capital 12

LDRLB

MAY 26, 2014

The most recent being Big Bang Disruption: Strategy in the Age of Devastating Innovation. Paul Nunes and I have known each other for many years, and we’ve both been writing about the subject of disruptive innovation from different vantage points and different angles. DAVID: Yeah. You call it this big bang disruption.

Early Adopters 60

Early Adopters Rogers Disruptive Innovation Innovation 60

Harvard Business Review

NOVEMBER 10, 2015

After a long and successful run, the theory of disruptive innovation has come under attack of late. In a recent Sloan Management Review article, Dartmouth professor Andrew King asked “ How Useful Is the Theory of Disruptive Innovation? Disruptive innovation is a parsimonious theory that explains many business failures.

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Disruptive Innovation Innovation Christensen Henderson 8

CO2

APRIL 1, 2022

Had they set out simply to make a profit, Apple likely wouldn’t be the revolutionary technology leader it is today. Recent research has shown that “high purpose” companies — those who have a point of view on social issues, innovate with purpose, and have a commitment to society — outperform “low purpose companies.”

Mission Statement 78

Mission Statement Leadership Organization Core Competence 78

CO2

APRIL 1, 2022

Had they set out simply to make a profit, Apple likely wouldn’t be the revolutionary technology leader it is today. Recent research has shown that “high purpose” companies — those who have a point of view on social issues, innovate with purpose, and have a commitment to society — outperform “low purpose companies.”

Mission Statement 78

Mission Statement Leadership Organization Core Competence 78

Harvard Business Review

JULY 8, 2011

I think they'd benefit from a quick look back at a failed innovation Google quietly DNR'ed. It offers a sobering reality check for anyone who believes that great people, great skills, great wealth, a great brand, and a great opportunity invariably lead to great innovation, They don't. Not even for Google. Nothing much happened.

Innovation 15

Innovation Health Care Core Competence Media 15

Harvard Business Review

SEPTEMBER 6, 2017

The strategic underpinnings of most companies’ workforce plans should change dramatically as a result of technological innovation. ” Beyond the skills required to perform specific jobs, technology will also determine which jobs matter most in the years to come. Most companies have been slow to react.

Company 13

Company Insurance Engineering Software 13

Harvard Business Review

APRIL 12, 2012

They get stuck making incremental improvements that are rooted in existing competencies, markets, and business models. This is especially problematic when companies decide to innovate. If they can't replicate the thinking driving your innovations, they'll be doomed to "me too" status. in a new way.

Core Competence 15

Core Competence Prahalad Hamel Brand 15

Harvard Business Review

AUGUST 26, 2013

Ballmer, whose skills were in many ways complementary to Gates'', took the helm of an already massive organization as it entered an era of relentless disruptive innovation by competitors. The debate has focused almost entirely on the leadership of innovation. We have known for a long time that innovation is the name of the game now.

Core Competence 11

Core Competence Innovation Christensen Disruptive Innovation 11

Harvard Business Review

OCTOBER 8, 2014

Innovators more intent on inventing the future than predicting it should look hard at how cutting-edge scientists now computationally massage their big data. AH, not AI, will increasingly inspire tomorrow’s breakthrough innovation. The breakthrough innovator’s hypothesis doesn’t have to come from a human.

Engineering 8

Engineering Core Competence Hedge Information Technology 8

Harvard Business Review

MARCH 21, 2017

It has also been acquiring e-commerce niche players, including Shoebuy and outdoor gear retailer Moosejaw, and digital technology companies, such as search experts Adchemy and cloud platform OneOps. Core competencies stagnate, customers become confused, and the opportunity to lead instead of follow is squandered.

IT Strategy 11

IT Strategy Strategy Core Competence Price 11

Harvard Business Review

APRIL 18, 2011

Cisco's clever little camcorder collapse provides picture-perfect insight into a pervasive innovation pathology: Ignoring — or disrespecting — the obvious. The sad but simple truth was that Cisco — arguably the world's premier internet network technology company — didn't deliver a Wi-Fi-enabled device.

Wireless 14

Wireless Management Telecommunications Innovation 14

Harvard Business Review

AUGUST 25, 2011

He said: "Technology alone is not enough. It's technology married with the liberal arts, married with the humanities, that yields the results that makes our hearts sing. It needs to mix the core business with the disruptive innovation. This is where Jobs' quote above strikes me as valuable.

Company 20

Company Core Competence Disruptive Innovation Technology 20

Harvard Business Review

DECEMBER 13, 2017

As an aspiring PM, there are three primary considerations when evaluating the role: Core Competencies , Emotional Intelligence (EQ), and Company Fit. The best PMs I have worked with have mastered the core competencies, have a high EQ, and work for the right company for them. Core Competencies. Company Fit.

Products 8

Products Productivity Core Competence Management 8

Harvard Business Review

SEPTEMBER 30, 2013

Shortly after the elimination of Geography here at Harvard, the discipline underwent a quantitative and computational revolution that eventually produced innovations like Google Maps and global positioning systems, to name just two. Design Information & technology Technology' The timing couldn’t have been worse, really.

Core Competence 14

Core Competence Information Technology Library Short-term 14

Harvard Business Review

FEBRUARY 9, 2012

The most painfully awkward debates I hear in ostensibly innovative organizations revolve around "crazy ideas." Defining those crazy zones is one of the most difficult but more important cultural decisions innovation leadership teams can make. When unexpected challenges arise, what ideas are acceptably crazy? Which ideas are too crazy?

Outsourcing 15

Outsourcing Management Core Competence Competitive Advantage 15

Harvard Business Review

NOVEMBER 13, 2012

Zeitgeist, German for "spirit of the time," is the complex interplay of economic, technological, political, and social forces that can determine which ideas will flop and which will fly in a particular moment. Tune Your Idea to the Zeitgeist. Similarly, scholars in the U.S. As the U.S. Pick an Apt Objective. Link the New to the Old.

Prahalad 15

Prahalad Hamel Core Competence Leadership 15

Harvard Business Review

MARCH 26, 2012

In the HBR article, " A Reverse Innovation Playbook " (April 2012) and our forthcoming book, Reverse Innovation , my co-author, Chris Trimble, and I elaborate on how western multinationals can overcome their dominant logic. Rich countries are the most technologically advanced.

Chief Technology Officer 14

Chief Technology Officer CTO Constraint Bottom-up 14

Harvard Business Review

FEBRUARY 16, 2018

It’s been estimated that India needs $5 trillion in infrastructure investment to sustain its economic growth, but local Indian companies lack the competencies needed. Amazon’s India CEO Amit Agarwal and Renault’s India CEO Sumit Sawhney have considerable autonomy to innovate in India.

Globalization 8

Globalization CAGR Class Marketing 8

Harvard Business Review

DECEMBER 22, 2010

The Nike Foundation also leans on its expertise in innovation and scale to find solutions to poverty, while keeping its operations separate from the business. It measures and holds itself accountable for changes in the way that teachers use information and communications technology in the classroom.

Core Competence 15

Core Competence Market Segmentation Globalization Reputation 15