Remove Development Remove First-mover Advantage Remove Innovation
article thumbnail

Best Practices for Leading via Innovation

Harvard Business Review

In an era of intense globalization, rapid demographic change and accelerating technological progress, the best companies for leadership recognize the value of innovation, putting it at the heart of their corporate culture and using this targeted, focused innovation to drive shareholder value and improve efficiency.

article thumbnail

Structure Your Global Team for Innovation

Harvard Business Review

Many firms struggle to exploit the innovation potential of their global networks. To get the most from dispersed innovation, managers need a different playbook. Here are three ways to set up and manage global innovation for success: 1. Here are three ways to set up and manage global innovation for success: 1.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Structure Your Global Team for Innovation

Harvard Business Review

Many firms struggle to exploit the innovation potential of their global networks. To get the most from dispersed innovation, managers need a different playbook. Here are three ways to set up and manage global innovation for success: 1. Here are three ways to set up and manage global innovation for success: 1.

article thumbnail

Growing, or Not, in an Age of Permanent Volatility

Harvard Business Review

In a recent Accenture study involving 1000 CFOs and CMOs across eight industries and a dozen countries in developed and emerging markets, 85 percent of executives expected their companies to grow at a rate equal to or significantly greater than global growth forecasts. Innovation focused on first-mover advantage, not price point.

article thumbnail

When to Change a Winning Strategy

Harvard Business Review

In our research on the telecom industry, for example, we found that the great majority of the executives we surveyed preferred internal development to external sourcing when they needed to develop differentiated products and services. Companies tend to repeat what has worked for them in the past.

article thumbnail

Why Winner-Takes-All Thinking Doesn’t Apply to Silicon Valley

Harvard Business Review

Given that news, it seems that businesses that have dominated their markets are learning that the magic elixir of network effects and winner-takes-all advantages are about as reliable as cures for baldness. The message is simple: beware of the siren song of network effects, winner-takes-all, and first mover advantages.

article thumbnail

Five Myths of a CEO's First 100 Days

Harvard Business Review

Because he initially concentrated on assembling a strong team and personally communicating with them, he was able to develop a firm launch-pad for a variety of initiatives aimed at transforming the company. One CEO, for example, excelled at communicating to small groups, delegating and team-building.

CEO 15