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Strategy and The Uncertainty Excuse

Harvard Business Review

When I ask business executives about their company's strategy — or about an apparent lack thereof — they often respond that they can't or won't do strategy because their operating environment is changing so much. This is an argument I hear particularly often in high-technology sectors. In truth every company has a strategy.

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A Survey of 3,000 Executives Reveals How Businesses Succeed with AI

Harvard Business Review

And AI success stories are becoming more numerous and diverse, from Amazon reaping operational efficiencies using its AI-powered Kiva warehouse robots, to GE keeping its industrial equipment running by leveraging AI for predictive maintenance. While investment in AI is heating up, corporate adoption of AI technologies is still lagging.

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Why We Shouldn’t Worry About the Declining Number of Public Companies

Harvard Business Review

They operate as lean organizations, using cloud and internet-based infrastructure, and launch and distribute products more quickly than did firms that competed with factories, warehouses, inventories, and suppliers. retains its leadership in technological progress. Furthermore, as production shifts to Asia and more and more U.S.

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Business Model Innovation is the Gift that Keeps on Giving

Harvard Business Review

Before long, despite all the first mover advantages of Viagra, the competitors reduced Viagra's market share from over 90% to around 50%. First, the innovation is often in the firm's processes that may not even be directly visible to competitors. Within 5 years, it had two mighty competitors — Cialis and Levitra.

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

Harvard Business Review

And even if it did make that bet, the winner-takes-all business could credibly threaten to drop its prices at the first sight of competition. Currently, modern technology — fueled by software, the internet, and the cloud — makes it possible for a challenger to enter the market at minimal cost.

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How Netflix Expanded to 190 Countries in 7 Years

Harvard Business Review

By 2017 it was operating in over 190 countries, and today close to 73 million of its some 130 million subscribers are outside the U.S. In the second quarter of 2018, its international streaming revenues exceeded domestic streaming revenues for the first time. Fernando Trabanco Fotografía/Getty Images.

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How Netflix Expanded to 190 Countries in 8 Years

Harvard Business Review

It operates in over 190 countries, and close to 73 million of its some 130 million subscribers are outside the U.S. In the second quarter of 2018, its international streaming revenues exceeded domestic streaming revenues for the first time. and Netflix has managed to make inroads into even those markets where Prime arrived first.