Six Disciplines

OCTOBER 4, 2011

By management system, they're referring to the integrated set of processes and tools that a company uses to develop its strategy, translate it into operational actions, and monitor and improve the effectiveness of both. Plan Operations: improve key processes; develop sales plan; plan resource capacity; prepare budgets.

System 98

System Balanced Scorecard Execution Strategy 98

Six Disciplines

OCTOBER 4, 2011

By management system, they're referring to the integrated set of processes and tools that a company uses to develop its strategy, translate it into operational actions, and monitor and improve the effectiveness of both. Plan Operations: improve key processes; develop sales plan; plan resource capacity; prepare budgets.

System 85

System Balanced Scorecard Execution Strategy 85

Strategy Driven

SEPTEMBER 12, 2023

Focusing on IT resources also allows the clinic to focus on innovative solutions. Plus, they can focus on patient care and develop cost-effective IT strategies. This eliminates the need to hire IT staff who may lack the specific healthcare experience needed to secure the clinic’s network.

Management 111

Management Compliance Software Risk Management 111

Harvard Business Review

MAY 9, 2012

The innovator's quest has been to find the win-win proposition: a great new product that can create differentiated value for consumers while supporting differentiated profits for the producer. The innovator's job is now to create wins across the board. But the focus on win-win can blind us to the needs of critical partners.

Innovation 16

Innovation Supply Chain Telecommunications Core Competence 16

The Practical Leader

MAY 29, 2024

Without clear guidance and direction, their activities can drift away from the organization’s overarching vision, values, and purpose, customers/partners, as well as its strategies and priorities. That’s the path to unproductive busy work and self-destructing teams.

Team 52

Team Teamwork Venture Capitalist Goleman 52

Harvard Business Review

MARCH 21, 2017

Improving the in-store experience, promoting omnichannel shopping and fulfillment options, and developing in-person service innovations are avenues that leverage its brand equity and core competencies — and they’re approaches that would put Amazon at a disadvantage. It needs to be competitive on digital channels, sure.

IT Strategy 15

IT Strategy Strategy Core Competence Price 15

The Horizons Tracker

OCTOBER 20, 2019

The study explores the Chinese market after the country’s Ministry of Justice made online legal services a key part of its strategy. Given this context, a recent study exploring the role of online marketplaces in the legal profession is particularly interesting.

Budgeting 40

Budgeting Participative Marketing Operations 40

Strategy Driven

JANUARY 24, 2011

Closing the Execution Gap : How Great Leaders and Their Companies Get Results by Richard Lepsinger If an organization can’t execute its plans and initiatives, nothing else matters: not the most solid, well thought-out strategy, not the most innovative business model, not even technological breakthroughs that could transform an industry.

Execution 67

Execution Company 360-Degree Feedback Cooper 67

Harvard Business Review

MAY 16, 2014

As generations-old business models are upended by innovations in retail, financial services, bookselling, and a host of other industries, companies must continually adjust their strategic positioning to edge out rivals. But then it recovered by innovating — fast. When Innovation Is Strategy. An HBR Insight Center.

Innovation 9

Innovation Competitive Advantage Supply Chain Business Model 9

Harvard Business Review

MAY 28, 2014

That suggests that they may be trying to persuade firms to buy the device and develop applications for it. Sure enough, in April Google announced “ Glass for Work ,” an initiative aimed at developing more work-related apps on the Glass platform. Should Google revise its strategy to pursue that opportunity? Innovation Strategy'

Strategy 14

Strategy Early Adopters Proposal Innovation 14

Harvard Business Review

SEPTEMBER 6, 2017

The strategic underpinnings of most companies’ workforce plans should change dramatically as a result of technological innovation. Digital transformation, the industrial internet, advanced analytics, artificial intelligence, robotics, machine learning, and a plethora of other innovations are fundamentally changing the nature of work.

Company 16

Company Insurance Engineering Software 16

Harvard Business Review

JUNE 2, 2014

If your company puts you in charge of developing a foreign market or a new line of business, your challenges are in many ways similar to those facing a startup. But as Steve Blank, Henry Chesbrough, and others have pointed out , that advantage is offset by the daunting fact that corporate innovators have to fight a war on two fronts.

Innovation 14

Innovation Conflict of Interest Strategy System 14

Harvard Business Review

JUNE 10, 2015

He was also innovative. As McChrystal describes in Team of Teams , the challenge wasn’t so much that he needed to develop new resources, but that he had to access surveillance and intelligence assets —many of which were not under his direct control—more effectively.

IT Strategy 8

IT Strategy Strategy Operations Resistance 8

Harvard Business Review

JULY 18, 2011

By that he means that all the things a business does — not just its logo and visuals, but also its strategy, call to action, customer service, communications with customers, and people — combine to determine what it stands for. Dan's smart observation is that "Brand is everything, and everything is brand."

Brand 16

Brand Positioning Marketing Productivity 16

Harvard Business Review

MARCH 9, 2011

Overall, we found that more than half of our survey respondents have adopted OSS solutions as part of their IT strategy. In fact, OSS makes up nearly one-third of responding organizations' overall enterprise software portfolio, which is, interestingly enough, about the same as the proportion of internally developed software.

Software 16

Software Tips Licensing Survey 16

Harvard Business Review

MAY 16, 2016

For example, as it grew, Facebook found that its early “move fast and break things” culture had to be funneled into focused technical teams and product groups to make its product development process faster and less erratic, and for it to have a chance of meeting the demands of its new public shareholders following its IPO.

Banking 15

Banking Strategy Film Operations 15

Harvard Business Review

MARCH 10, 2017

When Roger Enrico took the helm as CEO of Frito-Lay, in 1991, the company was developing an innovative and distinctive approach to direct-store delivery that would allow it to consistently deliver the right products to the right stores at the right time. Second, rethink costs in terms of capabilities.

Cost 14

Cost How To Budgeting Strategic Planning 14

Harvard Business Review

NOVEMBER 2, 2017

Seeking to extend its technological edge (particularly in miniaturization), it acquired more than 100 startup companies while pursuing a vast portfolio of research and product development projects. Nokia was so immersed in executing its strategy that it lost sight of its purpose. ” Develop corporate plasticity.

Strategy 15

Strategy Company How To Supply Chain 15

Harvard Business Review

MAY 6, 2013

Economic performance for organizations whose CIOs were part of the overall development of strategy outpaced that of other organizations by a scale of two to one as discovered in our Economist and HBR studies. Define Your Strategy. Gary Hamel maintains that the key to future success is management innovation.

CIO 9

CIO Hamel Technology Tactics 9

Harvard Business Review

JULY 17, 2013

Stay secure and boost innovation. Today, however, technology innovation is creating a drastic change — across all major industries — in the way customers want to interact with their suppliers. A far better strategy is to take the people that they have and develop them into blended executives.

CIO 9

CIO Technology Storytelling Short-term 9

Harvard Business Review

NOVEMBER 17, 2017

Differentiation increasingly requires more innovative thinking, and the use of very specific areas of expertise (like Apple’s winning design, a capability that wouldn’t have been prioritized in most technology companies before Jobs). Leaders who master both strategy and execution start by building a bold but executable strategy.

Execution 16

Execution Strategy How To Budgeting 16

Harvard Business Review

AUGUST 21, 2013

Similar waves of innovative applications of technology (e.g., Managers can no longer take months to develop requirements, then wait for IT, then tell IT that wasn''t what they wanted. And IT will need to continuously reduce its spending on "keeping the lights on" to free up resources and mindshare for innovation and problem solving.

Competitive Advantage 9

Competitive Advantage Management Information Technology Airlines 9

Harvard Business Review

MAY 17, 2013

Instead, we look for work groups that are willing to be involved in developing their own standard work, and implement there first.". give up to $50 to customers who have been treated badly), to foster creativity, innovation, flexibility to meet customer needs in real-time, and worker job satisfaction. Must Do" Procedures.

Efficiency 10

Efficiency Organization Bureaucracy Operations 10

Harvard Business Review

MAY 30, 2014

For over 50 years, Wal-Mart has pursued essentially the same strategy of “offering the lowest price so its customer can live better.” Wells Fargo has become the most valuable bank in the world by sticking to its strategy of building a value proposition around selling more products per customer than anyone else. How Boards Can Innovate.

Company 10

Company Supply Chain Airlines Health Care 10

Harvard Business Review

OCTOBER 10, 2017

But Bernstein and his team observed that when managers were not watching, employees secretly developed and shared better ways of doing the work. Tactical performance is how effectively your organization sticks to its strategy. Adaptive performance manifests as creativity, problem solving, grit, innovation, and citizenship.

Organization 15

Organization Tactics Call Center Metrics 15

Harvard Business Review

DECEMBER 27, 2017

A new study from the Center for Talent Innovation (CTI) found that, according to the 2015 US government’s definition of disability , a significant portion of the white-collar workforce has a physical or mental impairment that substantially limits a major life activity: 30% of a nationally representative survey of 3,570 white-collar employees.

Compliance 8

Compliance Chief Operating Officer Survey Innovation 8

Harvard Business Review

APRIL 4, 2014

Unlike a startup company, which is supposed to play with alternative strategies until the right one emerges, a midsize firm already has a strategy that is working. Sure, it must always consider whether to adjust that strategy in the face of new competition, changing customer demand, technological innovation or all three.

Strategy 10

Strategy Wireless Company Retail 10

Harvard Business Review

NOVEMBER 6, 2017

Verizon would not have been able to so quickly and successfully change its strategy without being willing to question and overhaul traditional organizational structures. The Gap Between Strategy and Execution. In short, encourage innovation, begin with execution, and name the strategy later. Insight Center.

Execution 8

Execution Strategy COO CEO 8

Harvard Business Review

MAY 27, 2015

We see ourselves as risk-takers and innovators. In the past, economic development has prioritized big businesses. But these economic development strategies focused on big businesses, sometimes known as “elephant hunting,” may overstate the importance of large firms. Shift the focus to include small companies.

Entrepreneur 8

Entrepreneur Policies Banking Innovation 8

Harvard Business Review

MAY 7, 2018

That digital focus helped Adidas reshape its strategy for today’s mobile, more empowered consumer. “We used extensive consumer testing throughout the iterations of app development, but we also intentionally launched it in the U.S. before every feature and capability was developed,” Godsey says.

Content 8

Content Brand Storytelling Technology 8

Harvard Business Review

APRIL 13, 2016

Some have responded by developing a concept known as “ ambidexterity ,” an organizational capability of fulfilling both managerial imperatives at once. Managers exploiting current businesses develop mindsets based on what they have experienced in the past. Andrew Nguyen/HBR STAFF. ” Create win-win incentives.

Company 8

Company Licensing Incentives Construction 8

Harvard Business Review

MARCH 28, 2016

Since its bankruptcy in 2012, Kodak has been a poster child for innovation incompetence: After inventing the world’s first digital camera in 1975, the conventional story goes, myopic managers allowed a bloated company to let inertia drive it off a cliff. A misunderstood story. By 2005, Kodak ranked No. digital-camera sales (No.

Company 8

Company How To Technology Strategy 8

Harvard Business Review

JULY 2, 2015

Business growth can also depend on factors such as the availability of talent or scarce raw materials that influence, say, a company’s innovation capabilities or its ability to manufacture cost-effectively. We call that process the A-B-C (which stands for Analyze-Benchmark-Calibrate) of developing a globalization strategy.

Marketing 8

Marketing Benchmarking Globalization Construction 8

Harvard Business Review

APRIL 8, 2015

Their innovation efforts tend to be focused wholly on the creation of new value; meanwhile, the question of how exactly they will be compensated for it usually goes unexamined. Most companies have developed quite sophisticated processes and heuristics to balance competing objectives when it comes to creating value for customers.

Balanced Scorecard 8

Balanced Scorecard Company Price KPI 8

Harvard Business Review

NOVEMBER 29, 2011

Whether it's the stubborn inefficiencies of the health-care system , the ever-rising costs of the higher-education system , even the slow-motion collapse of the US postal system , leaders with unrivaled expertise and decades of experience can't seem to develop creative solutions to dire problems. billion — not a bad decade.

Banking 22

Banking Retail Open-book Creativity 22

Harvard Business Review

JUNE 7, 2013

While every other player in the electric car space was focused on innovating individual pieces — vehicles, batteries, charge spots — Better Place''s strategy was unique in innovating the larger puzzle to deliver an affordable drive-anywhere, anytime solution. Innovation Strategy Transportation'

Mass Marketing 10

Mass Marketing Transportation Depreciation Short-term 10

Harvard Business Review

JUNE 18, 2013

Recent allegations of the theft of top-security information connected to the development of sophisticated weapons and air defense systems have only heightened concerns about the security of the nation''s networks. The first focuses on the concept of enhanced public/private information sharing and developing standards. media companies.

Cooper 9

Cooper CIO Risk Management Telecommunications 9