Strategy Driven

APRIL 22, 2011

Because innovation requires it. But if your employees take a risk and fail, and you come down on them like a hammer, guess what? There are two basic operating modes for organizations under high-stakes execution pressure. MISTAKE #5: Punishing ‘good failures.’ ’ Great organizations encourage risk-taking.

CEO 57

CEO How To Venture Capitalist Follow-up 57

Harvard Business Review

JUNE 10, 2011

An executive in the company's finance operations adopted a Six Sigma belt-driven approach to reduce costs in the company's global shared service centers. can often have a superior attitude and be zealots with a hammer, so that everything looks like a nail. Consider the competition between push and pull camps in a major oil company.

Six Sigma 15

Six Sigma Bottom-up Cost Project 15

Harvard Business Review

NOVEMBER 13, 2012

Shifting from Drucker's erudition and measured tone to Hammer's revolutionary and provocatively violent declarations ("don't automate, obliterate") was a bit dizzying. During difficult economic times, organizations often seek ideas on how to cut costs or perform operations more efficiently. Similarly, scholars in the U.S. As the U.S.

Prahalad 17

Prahalad Hamel Core Competence Leadership 17

Harvard Business Review

MARCH 7, 2011

In addition to laying out an approach for making one-time improvements, Reengineering's high priest (the late Michael Hammer) had advice for organizations wanting to sustain improvement. What's more, the company helped develop Hammer's PEMM concept and is now training Lean managers.

Six Sigma 15

Six Sigma BPM Process Hammer 15

Harvard Business Review

OCTOBER 16, 2014

trillion market by 2020 — lay in its ability to operate with little or no “human intervention.” As cognitive scientists put it things like hammers became a part of the body’s “extended periphery” and are “functionally a component of the [subjects’] smoothly coping IDS.”. So, what might a “handy” IoT offering look like?

Hammer 13

Hammer Fashion Sample Information Technology 13

Harvard Business Review

APRIL 27, 2015

Can you think of any business topic that’s been hotter for longer than innovation? In a McKinsey poll , 94% of the managers surveyed said they were dissatisfied with their company’s innovation performance. And yet when it comes to innovation, the gap between aspiration and accomplishment seems as big as ever.

Innovation 8

Innovation Company Engineering Supply Chain 8

Harvard Business Review

AUGUST 28, 2017

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. Investment in AI is growing and is increasingly coming from organizations outside the tech space.

Survey 15

Survey Execution First-mover Advantage Technology 15

Harvard Business Review

JULY 18, 2014

He had grown up in northwestern Germany, where his father owned mills that heated small amounts of charcoal and iron together to make steel that could be hammered and sharpened into knife blades. Their biggest customers were blacksmiths who hammered a few inches of heated iron bar into a horseshoe or a hinge. Innovation Technology'

Industry 8

Industry Hammer Transportation Technology 8

Harvard Business Review

JANUARY 14, 2016

Nineteen days later, as rescue crews grew desperate, a 24-year-old field engineer named Igor Proestakis decided to travel to the site with what he hoped was a breakthrough idea: using a particular drilling technology, called cluster hammers, to cut through the collapsed rock. Innovation in Cities. Insight Center.

Engineering 8

Engineering Project Benchmarking Hammer 8

Harvard Business Review

SEPTEMBER 21, 2016

They’re “traditional” matchmaker businesses that have been operating platforms for connecting different groups of customers. But they also face significant risk from startups that use new technologies to operate more-powerful, more-efficient, and more-scalable platforms.

Technology 8

Technology Hammer Operations Magazine 8

Harvard Business Review

JANUARY 11, 2017

Looking at LVMH’s efforts, I’ll highlight three areas where I see great impact and innovation: managing carbon and energy, building a connection with customers around brand purpose, and working closely with suppliers. The most innovative part of LVMH’s carbon strategy is the use of an internal carbon fund. ”

Supply Chain 8

Supply Chain Payback Period Brand Energy 8

Harvard Business Review

APRIL 7, 2016

Following are three such innovative approaches for connecting with top talent. ” Such innovative solutions have paid off: Fortune magazine recently named Highfive to its list of the 10 Best Small Workplaces in Technology. Don’t keep relying on the same old social media platforms.

Marketing 8

Marketing Strategy Hammer Media 8

Harvard Business Review

DECEMBER 4, 2017

But I think the interesting part comes when they start to see it as an opportunity for innovations that are financially beneficial as well as socially beneficial. For example, installing a rapidly deployable flood barrier around your campus can help keep your buildings operational during megastorms. The result will be innovation.

Project 8

Project Advice Henderson Short-term 8

Harvard Business Review

SEPTEMBER 16, 2014

Noble: Economies and business operate in very complex systems. And the beauty of innovative sectors such as impact investing is that we can experiment, collaborate and try to — even in a very small way — reconcile some of what didn’t work previously. We don’t want to go there.

Insurance 12

Insurance Bond Hedge Bottom-up 12

Harvard Business Review

MAY 14, 2015

The buds of innovation are fragile, and are easily squashed by critique or a view of the competitive market environment. When process is a hammer, the risk is that everything becomes a nail. First, it’s easy to talk yourself out of a good idea. More importantly, it’s easy to talk yourself into a bad idea.

Productivity 8

Productivity Products Reis Definition 8

Harvard Business Review

MARCH 21, 2011

But because we failed to hammer out exactly how we would operate (including our respective roles and responsibilities), infighting distracted from operating, cash became a concern, and the business slowly, then quickly, imploded. My husband and I lost a painful lot of money. Lesson 2: Establish rules of engagement.

Due Diligence 15

Due Diligence Magazine SWOT Hammer 15

Harvard Business Review

AUGUST 2, 2016

On Monday Uber said that it is selling its operation in China to a rival Chinese ride-sharing company whose CEO was in that foreshadowing photo. Kalanick gets the same on Didi Chuxing’s board, and Uber gets around a 20% share of the Chinese company, which will run Uber’s Chinese operation as a separate brand.

Marketing 8

Marketing CEO Mass Marketing Price 8

Harvard Business Review

JANUARY 7, 2011

Process gurus such as Michael Hammer , Jim Champy , Geary Rummler , and Alan Brache have long maintained that companies must appoint process owners to ensure that processes are improved across functions. Brad Power ( bradfordpower@gmail.com ) is a consultant and researcher in process innovation. And they succeeded wildly.

Process 15

Process Champy Competitive Advantage Hammer 15