Remove Hamel Remove Innovation Remove Marketing Remove Power
article thumbnail

Compete on Know-Why, Not Know-How

Harvard Business Review

They get stuck making incremental improvements that are rooted in existing competencies, markets, and business models. This is especially problematic when companies decide to innovate. If they can't replicate the thinking driving your innovations, they'll be doomed to "me too" status. Forward-looking. Hard to follow.

article thumbnail

Do Customers Even Care about Your Core Competence?

Harvard Business Review

In other words, the focus understandably centers on measurably improving the perceived core competence—selling better, manufacturing better, marketing better, hiring even better talent, cutting costs better. FedEx’s competencies in digital and transportational networks are its innovation platforms.

Insiders

Sign Up for our Newsletter

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

article thumbnail

What's In a (First) Name

Harvard Business Review

Hierarchies are seen as stiff, outdated, stifling — in today's social and digital age, innovation is the name of the game. Age and status cease to have a corner on the market. The move to the use of first names is part of this cultural shift of power to the people. And it may be hard as that CEO to swallow it.

Hamel 10
article thumbnail

The Internet Is Finally Forcing Management to Care About People

Harvard Business Review

It includes Mary Parker Follett (1920s), Elton Mayo and Chester Barnard (1930s), Abraham Maslow (1940s), Douglas McGregor (1960s), Peter Drucker (1970s), Peters and Waterman (1980s), Katzenbach and Smith (1990s), and Gary Hamel (2000s). As a result, customers’ expectations are raised.

article thumbnail

What All Great Leaders Have In Common | N2Growth Blog

N2Growth Blog

With the plethora of reading material on the market today it is not a simple thing to make sure that you’re covering all the bases in a time efficient fashion. As you pointed out, being a one-trick pony, while better than not reading at all, is not as powerful as purposeful reading across topics.

Blog 419
article thumbnail

Introducing the HBR/McKinsey M-Prize for Management Innovation

Harvard Business Review

So when we were first contacted about a possible collaboration by the Management Innovation eXchange (MIX), which sees its role as "creating organizations that are fundamentally fit for the future — and genuinely fit for human beings," we were immediately excited by the possibilities. With the Management 2.0

article thumbnail

What Is Strategy, Again?

Harvard Business Review

And so, he famously argued, in addition to the fierceness of price competition among industry rivals, the degree of competitiveness in an industry (that is, the degree to which players are free to set their own prices) depends on the bargaining power of buyers and of suppliers, as well as how threatening substitute products and new entrants are.