HR Digest

MAY 15, 2023

Advanced Data Analytics: AI algorithms analyze massive amounts of data, revolutionizing decision-making processes in sectors such as finance, healthcare, marketing, and transportation. Enhanced Product Development: AI plays a pivotal role in product development, empowering businesses to create innovative and customized offerings.

Industry 90

Industry Products Productivity Efficiency 90

Strategy Driven

OCTOBER 7, 2019

Here is how to use smart planning to make strides toward greater agility and market success. After all, change is the only constant thing in Agile project management and development. That’s the way to improve your time-to-market without compromising on product quality. Choose Your Scaling Path. More power to you!

Agility 33

Agility Planning Project Decentralization 33

Strategy Driven

JUNE 29, 2016

Instead, longevity is based on entrepreneurial thinking and innovation – in exploring ways to adapt corporate and business strategies in response to market, technological, and social and cultural change. On reflection, though, I find that the evidence does not support competitive advantage as a path to longevity. Resistance from the Customer.

Supply Chain 51

Supply Chain Real Estate Resistance Competitive Advantage 51

Harvard Business Review

JUNE 13, 2018

But, what about the application of AI and ML to agile development, testing and even portfolio management? For nearly two decades, many companies have utilized the principles within the Agile Manifesto to deliver faster time-to-market than traditional, or linear development models. Focus on Outcomes, not Metrics.

Agility 12

Agility Technology Development Content 12

Harvard Business Review

MAY 4, 2018

In 2001, a new approach to technology development was created by a daring group of developers. Called Agile, the process put customers at the center of product development, encouraged rapid prototyping, and dramatically increased corporate speed and agility. aleksandarvelasevic/Getty Images. Run more experiments.

Agility 10

Agility Development Organization Software 10

Harvard Business Review

OCTOBER 5, 2012

Based on our research, we suggest that CEOs eager to do more with less drive systemic changes across their entire organization — focusing their change management efforts on three functions: R&D, marketing, and sales. Doing so will reduce the problems of brand dilution while ensuring greater market coverage.

CEO 15

CEO Innovation Restructuring Incentives 15

Harvard Business Review

FEBRUARY 22, 2011

For example, the idea that market share leadership leads to cost leadership which creates defensible advantage is a dynamic argument. It was in 1990 that George Stalk and Tom Hout of BCG published Competing Against Time , pointing out that time was an unexploited aspect of competitiveness.

McKinsey 15

McKinsey Efficiency Long-term Analysis 15

Harvard Business Review

SEPTEMBER 14, 2011

Chirotech specializes in biocatalysis and chemocatalysis, two important subspecialties of biotechnology and chemistry that help develop key biological and chemical intermediates needed for the efficient production of medicines. It is commonly believed that emerging market companies tap Western R&D talent in order to 'move up the value chain.'

Globalization 14

Globalization Innovation Decentralization Chemicals 14

Harvard Business Review

JULY 11, 2011

A lot of business literature advocates teaming up wherever possible to open the doors to new ideas, draw on the unique strengths of others, and speed time to market. The firm has developed a sensing system that captures light hitting the camera from a variety of angles, not just what strikes a plane set behind a small aperture.

Contract Manufacturing 14

Contract Manufacturing Licensing Retail Innovation 14

Harvard Business Review

JANUARY 25, 2011

I wanted to accept the consensus as a sign that the company had rounded the corner on its 3-year slog to be more relevant in their market. And then this small voice, untraceable for a moment because it was so small, started to explain how this plan would put the company in 2nd place in almost every aspect of innovation or time to market.

CEO 18

CEO Engineering Consensus Review 18

Harvard Business Review

JUNE 28, 2016

Given their capabilities, these entrepreneurs take a “do-it-yourself” approach and develop software to support organizational needs. Instead, IBM opened the APIs to Watson (there are now about 35 of them, with more being created all the time) and allowed third parties to use them for cognitive service applications.

Entrepreneur 13

Entrepreneur Airlines Construction Short-term 13

Harvard Business Review

MAY 7, 2018

Faster times to market, greater flexibility on the way there, and greater focus on the customer — common results of a successful lean implementation — are all positives. “The rigorous methodology serves as a framework we use to solve customer frictions and serve unmet needs to focus on real, in-market learnings.”

Innovation 16

Innovation Learning-by-Doing Execution Team 16

Harvard Business Review

JULY 8, 2016

The difference between displacement (outperforming existing market incumbents at their own game) and disruption (changing the game) is strategically important, no matter how similar the pain they cause is. Drucker Forum 2016: The Entrepreneurial Society. Displacement generally is easier to combat than disruption.

Business Model 14

Business Model Innovation Company Apparel 14

Harvard Business Review

OCTOBER 4, 2012

Essilor undertook a project to develop photochromic lenses with partners PPG and Transitions Optical. Or begin building a capability in global innovation now to take advantage of lower development costs, faster time to market, and, most important, the ability to leverage dispersed knowledge to gain competitive advantage.

Globalization 15

Globalization Innovation Team First-mover Advantage 15

Harvard Business Review

OCTOBER 4, 2012

Essilor undertook a project to develop photochromic lenses with partners PPG and Transitions Optical. Or begin building a capability in global innovation now to take advantage of lower development costs, faster time to market, and, most important, the ability to leverage dispersed knowledge to gain competitive advantage.

Globalization 15

Globalization Innovation Team First-mover Advantage 15

Harvard Business Review

MAY 22, 2018

About two-thirds of agile practitioners report higher team morale, increased productivity, greater ability to manage changing priorities, and faster time to market than they were experiencing before. Develop personal, habitual agility. Develop team agility. So, take the initiative. I felt happier and more in control.

Bureaucracy 16

Bureaucracy Agility Energy Constraint 16

Harvard Business Review

JUNE 13, 2018

Companies across the globe are faced with new competitive threats, changing market dynamics, new technology disruption and evolving customer needs, and the pressure is on for companies to be able to sense and respond to those changes and deliver better products and services to customers, faster.

Agility 9

Agility Metrics Technology Succession 9

Harvard Business Review

OCTOBER 5, 2012

Based on our research, we suggest that CEOs eager to do more with less drive systemic changes across their entire organization — focusing their change management efforts on three functions: R&D, marketing, and sales. Doing so will reduce the problems of brand dilution while ensuring greater market coverage.

CEO 8

CEO Innovation Restructuring Incentives 8

Harvard Business Review

DECEMBER 19, 2016

Even in the most commoditized markets, winning players need to create value by adding small slivers of differentiated services, logistics, quality and reliability. CEOs must be agile and adaptive, operating from a mindset of continual anticipation and appraisal in order to make timely investment decisions and oversee speedy execution.

CEO 8

CEO Supply Chain Disruptive Innovation P&L 8

Harvard Business Review

JANUARY 24, 2013

But Palmer Luckey, now 20, is taking his own sweet time to market — which he’s free to do since his funding comes strings-free from Kickstarter. Right now, he’s releasing it only as a developers’ kit. “It Called Oculus Rift, it caused a sensation at this year’s Consumer Electronics Show. WE’LL LEAVE THE LIGHTS ON FOR YOU.

Entrepreneur 8

Entrepreneur Incubator Document Globalization 8

Harvard Business Review

MARCH 5, 2014

How do you identify, blend, develop, train and coach a mix of talents into wholes measurably greater than the sum of their parts? How might “teamness” improve the time to market performance of new product development efforts? Sports teams, of course, compete in physical time and space.

Team 10

Team Sports Franchising Conference 10

Harvard Business Review

MAY 29, 2017

“Urgency” suddenly becomes a value when time to market cycles are industry lagging and pressure from the Board is mounting. An organization would be far better off not having any stated values than to develop them only to misuse them. “Transparency” becomes a value when there’s been a cover up.

Bottom-up 15

Bottom-up Competitive Advantage Organization Workshop 15

Harvard Business Review

AUGUST 20, 2018

Because the amount of customer discovery and product-market fit you need to find is inversely proportional to the amount and availability of risk capital. The mantra of “ first-mover advantage ,” the idea that winners are the ones who are the first entrants in their markets, became the conventional wisdom in Silicon Valley.

IPO 8

IPO First-mover Advantage Business Model Agility 8

Harvard Business Review

MAY 23, 2016

Of course, software developers have long since figured out how to export data from one application to another. This is a special challenge when the original developer of the often homegrown legacy systems doesn’t have well-defined interfaces, documentation is scarce, and the software engineers are not available anymore.

Supply Chain 13

Supply Chain Engineering System Efficiency 13

Harvard Business Review

AUGUST 26, 2013

Cloud-based services are also now being bought directly by functions like HR and marketing, resulting in IT losing its control over technology purchase within the organization. Requirements and specifications are more flexible and developed within cross functional teams with constantly evolving business needs.

CIO 8

CIO CTO Operations Technology 8

Harvard Business Review

DECEMBER 13, 2017

There are core competencies that every PM must have – many of which can start in the classroom – but most are developed with experience and good role models and mentoring. Performing market assessments. So, what should you consider if you’re thinking of pursuing a PM role? Running design sprints. Company Fit.

Productivity 9

Productivity Products Core Competence Management 9

Harvard Business Review

MARCH 18, 2013

Analogous solutions are extremely beneficial to businesses because they reduce time to market, and they can get stalled projects moving again. But for a long time they weren't easy to find. This is why I wanted to develop a system that could make accidental discoveries a more predictable and regular occurrence.

Software 10

Software Innovation Sharpe Efficiency 10

Harvard Business Review

AUGUST 9, 2013

At the same time, the trend also heightens the expectations of CIOs'' internal customers to deliver better solutions at greater speed. A second accelerant of IT delivery is the iterative software development philosophy known as "agile development." Our own research has further looked at the problem.

Technology 9

Technology CIO Agility Software 9

Harvard Business Review

MAY 14, 2015

As a practitioner of a design-led form of product development, and in my own research and writing about an empathetic approach to product design, I’m overtly critical of the Lean manifesto. The buds of innovation are fragile, and are easily squashed by critique or a view of the competitive market environment. But what is lost?

Productivity 8

Productivity Products Reis Definition 8

Harvard Business Review

JUNE 19, 2017

While initially designed to improve the responsiveness of software development teams, more recently agile has become the default team-based operational model for companies big and small, across industries and sectors, with the promise of a substantial and sustained spike in team productivity and efficiency. Try HR Retrospectives.

Agility 9

Agility Software Incentives Banking 9

Harvard Business Review

JUNE 17, 2015

This seems to be a key question on the minds of not just marketers, but company strategists these days. This intensive customer focus has increased as technology-enabled transparency and online social media accelerate an inexorable flow of market power downstream from suppliers to customers. How well do you know your customers?

Productivity 8

Productivity Products Customer Intimacy Software 8

Harvard Business Review

NOVEMBER 27, 2013

This shift is being brought about by three developments. A recent Fast Company profile hints that Flyknit’s small footprint and low labor intensity could help Nike put more factories in more places, slashing time-to-market as well as import duties. Design Manufacturing Product development'

Offshoring 9

Offshoring Products Productivity Competitive Advantage 9

Harvard Business Review

DECEMBER 13, 2016

Although we had been a market leader for many years, our new products had been launched several months later than the competition — in fact, our time to market had doubled over the previous three years. In that time, I have developed a simple framework that I call the “Hierarchy of Purpose.”

Project 8

Project How To Objective Efficiency 8

Harvard Business Review

JANUARY 29, 2015

Key selection criteria included experience in innovative software and service (versus product) development, and an ability to manage a start-up in a very large, complex company. Bill and his team set out to develop a system that could bring all GE machines onto one efficient cloud -connected platform. Bill Ruh was selected in 2011.

Software 8

Software Six Sigma Insourcing P&L 8

Harvard Business Review

DECEMBER 23, 2015

One McKinsey study of 2,135 executives revealed that most corporate strategies “developed idiosyncratically to their organizations, people, and markets,” and don’t pass more than three out of 10 core tests for viable strategy. “Integrity” becomes a value when there’s been a scandal.

Mission Statement 8

Mission Statement Report McKinsey Strategy 8

Harvard Business Review

JULY 27, 2017

Top startups already have market leading solutions. Moreover, through venture clienting, startups gain valuable insights into technical, process, and quality requirements and the workings of an actual corporation, which helps them become savvier and more adept at business development. But only large corporates can offer the last one.

Venture Capitalist 9

Venture Capitalist Meyer Innovation Fixed Costs 9

Harvard Business Review

OCTOBER 18, 2016

For each investment category, the generic critical success factors of time , cost , and quality will be different, requiring trade-offs to be made. Development approaches. So maintaining quality is the key criteria and cannot be compromised. Selecting project managers.

Tools 8

Tools Competitive Advantage Operations Technology 8