Harvard Business Review

MARCH 7, 2017

As Pete Ramstad and I note in Beyond HR , leaders often have far better developed frameworks for the value proposition of the finance function than for HR. Uber apparently lacked oversight about sexual harassment behavior; it seems far less likely that such oversight would be lacking when it comes to finance.

Compliance 18

Compliance Hedge Human Capital Finance 18

Harvard Business Review

FEBRUARY 6, 2012

The forthcoming Facebook IPO gives us lots to talk about. The first order explanation is that the founding CEO didn't have the wealth to keep the revenue stream and so had to sell the claim to finance the company's expansion: they gave up a large share of the claim on revenue but kept control. So why IPO?

IPO 16

IPO Incentives Entrepreneur Business Model 16

Harvard Business Review

JULY 18, 2012

The innovations that made these companies worth billions of dollars could be classified as computer hardware and software infrastructure. Have all the innovative ideas already been done? The only way out of this innovation gridlock is an expansion in founding team diversity. No 20,000 tech jobs. What gives? What was my title?

Venture Capitalist 21

Venture Capitalist Software Entrepreneur Engineering 21

Harvard Business Review

JULY 18, 2012

The innovations that made these companies worth billions of dollars could be classified as computer hardware and software infrastructure. Have all the innovative ideas already been done? The only way out of this innovation gridlock is an expansion in founding team diversity. No 20,000 tech jobs. What gives? What was my title?

Venture Capitalist 21

Venture Capitalist Software Entrepreneur Engineering 21

Harvard Business Review

FEBRUARY 29, 2012

is dynamic, and investors know that there are companies interested in buying innovative tech startups. also has a vibrant IPO system to take companies public. That's why most investments in Africa are in mature industries like oil & gas, real estate, and finance, among others. It's something that U.S.

Entrepreneur 16

Entrepreneur Exit Strategy Development Real Estate 16

Harvard Business Review

SEPTEMBER 16, 2014

These innovative players, such as OnDeck, Funding Circle, and Fundera are disrupting the market by using technology to solve problems that have made small business lending costly for traditional banks. After all, isn’t the customer’s voice relevant if you are going to finance a plumber or restaurant? There is reason for optimism.

Credit Scoring 14

Credit Scoring Banking Dunning Metrics 14

Harvard Business Review

APRIL 18, 2012

When Google introduced a controversial dual-class share structure at the time of its IPO in 2004, I had reservations (as you would expect of someone whose specialty is corporate governance). But the founders' passionate advocacy of the need to follow a "long-term, innovative approach" resonated with me. Take Brazil.

Planning 15

Planning IPO Proposal Class 15

Harvard Business Review

MAY 16, 2016

New, growth-hungry businesses are disproportionately likely to innovate and to create jobs. is generating plenty of high-potential startups, they argued, yet there is a problem: These companies don’t seem to be scaling or reaching an exit, such as an IPO or an acquisition. I’m skeptical that it will succeed.

Venture Funding 13

Venture Funding IPO Finance Constraint 13

Harvard Business Review

SEPTEMBER 4, 2015

Innovation is widely regarded as important to long-term business performance. We’ve found that CEOs of big pharmaceutical companies, for example, are more likely to have a background as company lawyers, salespeople, or finance managers, than one in medicine or pharmaceutical R&D.

CEO 8

CEO Innovation Pharmaceuticals Merchandising 8

Harvard Business Review

JULY 17, 2017

Despite rapid innovations in data processing and machine learning, many businesses have yet to make the leap from the Industrial Age to the information age, and the gap between technological and organizational progress is widening. Closing this gap requires much more than short-term fixes, like adopting new technologies. Insight Center.

Industry 16

Industry Short-term Planning Long-term 16

Harvard Business Review

AUGUST 5, 2014

Booming public equities and a recovered IPO market generated record portfolio company exits and distributions from VC funds. The VC industry has failed to innovate. Finance Venture capital' 2013 had all the signs of being a comeback year for venture capital. The industry realized its highest returns since the Internet boom.

Venture Capitalist 22

Venture Capitalist Asset Management Rate of Return Incentives 22

Harvard Business Review

OCTOBER 20, 2014

As I pointed out in my earlier post , the only funds that Apple ever raised on the public stock market was $97 million (about $274 million in today’s dollars) at its IPO in 1980. I agree and ask you to consider what public shareholders and stock buybacks have to do with innovation at Apple. Social innovation. Social investment.

EPS 14

EPS Innovation Incentives Supply Chain 14

Harvard Business Review

JULY 21, 2014

Clearly articulate this need as soon as you begin, because no matter how well researched or innovative your solution, you won’t get support if the need isn’t apparent or convincing. If the finance person frets about keeping expenses under control, discuss expense numbers,” says Sheen. “If Does the firm need a new IT system?

IPO 13

IPO Audience Chief Information Officer Case Study 13

Harvard Business Review

JUNE 9, 2014

It is incredibly hard to hold an IPO. And as the shift away from the industrial economy continues, a wider percentage of this institutional capital will go towards innovation startups through a rise in speculative investing , which has been predicted by a number of Silicon Valley venture capitalists. Entrepreneurship Finance'

Entrepreneur 10

Entrepreneur Venture Capitalist Mezzanine Short-term 10

Harvard Business Review

DECEMBER 3, 2018

Firms with growth opportunities as well as the need for external equity financing often convert to dual-class shares. This clause automatically converts a superior voting share to a low-vote class at a fixed time after IPO. Other studies, however, show that dual-class structure might be optimal in certain scenarios. stock exchanges.

Class 14

Class Maturity IPO Short-term 14

Harvard Business Review

MARCH 24, 2017

Rather than tying up vast amounts of funds in a unicorn startup and waiting for the long play — an IPO or an acquisition — investors can see gains more quickly, and can pull profits out more easily, via ICOs. ICOs are the Wild West of financing — they sit in a grey zone where the U.S.

Venture Capitalist 15

Venture Capitalist Due Diligence Finance Long-term 15

Harvard Business Review

MAY 30, 2013

For that reason, the "Lean" mentality is one of the most powerful tools in the innovator''s arsenal — in startups and mature corporations alike. That has resulted in some misconceptions that can be counterproductive in the quest for innovation.

Company 12

Company Ries Maturity Innovation 12

Harvard Business Review

APRIL 10, 2013

So Puerto Rican entrepreneurs hire consultants to badger government procurement to pay up, and in parallel they jack up their prices to finance the long receivables cycle. For example, it is nearly impossible for scaling ventures in many countries, including Brazil and Denmark, to count on an IPO for a successful exit.

Entrepreneur 10

Entrepreneur IPO Incentives Venture Capitalist 10

Harvard Business Review

MARCH 27, 2014

But unlike most Japanese innovations, it did not come from a big established firm. Organizations that entered when VC fundings were booming were increasingly likely to fail, and those financed in a VC funding boom were unlikely to make it to an IPO. Nonconformist thinking has the best potential for genius.

Entrepreneur 11

Entrepreneur Venture Capitalist Business Incubator IPO 11

Harvard Business Review

JUNE 28, 2017

It imposes huge costs on firms (and the economy at large) and chills venture capital investment , eventually leading to significant reductions in innovation at targeted firms — roughly 20% of R&D investment. Patent trolls are known to “shop” for favorable litigation venues.

IPO 8

IPO Incentives Proposal Bottom-up 8

Harvard Business Review

AUGUST 7, 2013

But if in reaction to Pandora, SiriusXM would instead have launched a free, advertising-supported version of their content for online and mobile, they might have permanently delayed Pandora''s IPO by denying them the ability to grow users. Competition Disruptive innovation' Of course not.

Disruptive Innovation 8

Disruptive Innovation Advertising Discount IPO 8

Harvard Business Review

NOVEMBER 20, 2013

Since positioning is vital in new markets, today’s boards must include Chief Marketing Officers, not just directors with operations or finance backgrounds. Government measures intended to cool an overheating economy, such as tightening loans and freezing IPOs, are holding back companies that need capital to grow.

Brand 9

Brand Globalization Company Development 9

Harvard Business Review

OCTOBER 2, 2017

entrepreneurs, just over $50,000) they typically seek more modest amounts of outside investment and are not typically working towards an acquisition or IPO. 5 Principles for Innovation in Emerging Markets. In addition, while they are seeking to grow their businesses (and are investing as much of their own money on average as U.S.

Marketing 12

Marketing Venture Funding Entrepreneur IPO 12

Harvard Business Review

OCTOBER 11, 2013

Before the IPO in 1999, partners of Goldman Sachs owned equity in a private partnership. But leverage limits may have unintended consequences for capital markets’ competitiveness, innovation, growth, and efficiency. Ethics Finance Risk management'

Incentives 8

Incentives Banking Ethics IPO 8

Harvard Business Review

SEPTEMBER 16, 2014

These innovative players, such as OnDeck, Funding Circle, and Fundera are disrupting the market by using technology to solve problems that have made small business lending costly for traditional banks. After all, isn’t the customer’s voice relevant if you are going to finance a plumber or restaurant?

Credit Scoring 8

Credit Scoring Banking Dunning Metrics 8

Harvard Business Review

DECEMBER 9, 2010

This business works only if the Calidad de Vida brand stands for quality, innovative care — across the board. I'm not a finance person, but that seems too soon to me.". Why would an IPO be so bad? I was at one of our centers today, and a doctor there didn't even come close to following our methods.

Case Study 15

Case Study Franchising Health Care Follow-up 15

Harvard Business Review

JULY 12, 2017

They have deep resources for innovation with the ability to accelerate the penetration and adoption of digital products. Innovation and change. They are leaders in driving innovation, building on their existing advantages in efficient and effective ways. Digital technologies are poised to change the future of work.

Innovation 8

Innovation Policies Politics Technology 8

Harvard Business Review

SEPTEMBER 10, 2015

Frequently cited as one of the world’s most vibrant innovation hubs, Israel boasts more startups per capita than any other country in the world. The final reason for Israel’s entrepreneurial dynamism is based on the logic of innovation clusters: Early success breeds continued success. That’s the good news.

Venture Capitalist 8

Venture Capitalist Entrepreneur Marketing IPO 8

Harvard Business Review

MARCH 1, 2017

But the solution to this innovation logjam has emerged: blockchain. Traditionally, companies target angel investors in the early stages of a new business, and later look to venture capitalists, eventually culminating in an initial public offering (IPO) on a stock exchange. Distributed Database.

Finance 8

Finance IPO Banking Venture Capitalist 8

Harvard Business Review

MAY 30, 2017

cleantech innovation declined from 2014 to 2016, as measured by patents. America appears to be pulling back on cleantech innovation when it can least afford to do so. America appears to be pulling back on cleantech innovation when it can least afford to do so. First, another recent Brookings analysis found that U.S.

Stage-Gate 12

Stage-Gate Kleiner Energy Proposal 12

Harvard Business Review

OCTOBER 27, 2015

and China take the lead in tech innovation. And a recently released report suggests that Europe’s digital divide problem extends way beyond the Atlantic; Europe is a distant third behind North America and Asia for $100 million plus financing for VC backed companies. Investing in innovation capacity. billion in 2014.

Crisis 8

Crisis McKinsey Policies GDP 8