Harvard Business Review

MARCH 11, 2015

” But the only real wins are a victory for the hedge funds, and a Pyrrhic victory for GM in that it managed to keep Wilson off its board and reduced the size of the buyback from the $8 billion the investors had been demanding. During the bailout, financial firms, including hedge funds, were nowhere to be found. Instead, U.S.

Hedge 8

Hedge Company Automotive Restructuring 8

Harvard Business Review

OCTOBER 24, 2016

Innovation has the potential to transform the investment industry. Research we have collected in recent months shows that pension funds, sovereign wealth funds, and endowments expect imminent breakthrough innovations in investment technology. But right now that’s not happening. How is this state of affairs possible?

Operations 8

Operations Intangible Assets Venture Capitalist Hedge 8

Harvard Business Review

SEPTEMBER 27, 2013

In 2007, Clayton Christensen co-founded Rose Park Advisors, a hedge fund devoted to investing in disruptive companies. Disruptive innovation can take several forms, and the market understands some types better than others. But do markets really follow the logic of an academic theory? Mostly, though, markets get things right.

Innovation 8

Innovation Marketing Disruptive Innovation Discounted Cash Flow 8

Harvard Business Review

JULY 14, 2017

Extrapolating from past trends is useful but limiting in a world of accelerating technological change. Daniel Suarez’s novel Change Agent describes a near future in which synthetic biology has reshaped every industry. So consider leaving the latest white papers, industry rundowns, and management hot takes at the office.

Stephenson 15

Stephenson White Paper Real Estate Hedge 15

Harvard Business Review

JANUARY 26, 2012

Graham argued that the proliferation of money combined with the decreasing costs to start a business were making the VC job more difficult, prophesying significant changes for the industry. The industry was born in its current form, however, when the first venture capital firms were founded in the middle of the twentieth century.

Disruptive Innovation 15

Disruptive Innovation Hedge Venture Capitalist Venture Funding 15

Harvard Business Review

OCTOBER 9, 2015

” On the other side, noted economist and hedge fund adviser Larry Summers cautions that reforming “quarterly capitalism” would risk driving us toward “Japan’s keiretsu system, which insulated corporate management from share price pressure by tying large companies together.” Either explanation is plausible.

Hedge 8

Hedge Short-term Long-term EPS 8

Harvard Business Review

AUGUST 28, 2014

The peer-to-peer lending industry has attracted significant venture capital, led by the nearly $400 million that Lending Club has raised. And, as The Wall Street Journal reports, the Lending Club IPO will likely be followed by public offerings by similar lenders, some even more focused on the small business credit market.

IPO 8

IPO Due Diligence Credit Scoring Banking 8

Harvard Business Review

APRIL 26, 2017

The marketing, underwriting, and servicing of SME loans have largely taken a backseat. banks are going to survive the coming wave in financial technology (fintech), they’ll need to finally take digital transformation seriously. Other sectors of retail lending have not fared much better.

Banking 13

Banking Stage-Gate Credit Scoring Competitive Advantage 13

Harvard Business Review

JULY 22, 2016

Network businesses have always been around, from matchmakers to real estate brokers, but it’s the move to digital platforms that has led to market-shaking effects. Instagram is an exciting marketing channel; GoPro’s account helps keep users engaged with the company and lets GoPro know how people use its products.

Real Estate 8

Real Estate Business Model Incubator Short-term 8

Harvard Business Review

DECEMBER 17, 2013

While noting that this doesn’t seem to be the case with respect to the public — both the computer and internet industries poll favorably — she documents at length the rise of “tech hate” among journalists and other commentators, including HBR contributor Umair Haque: “Tech is something like the new Wall St.

Venture Funding 9

Venture Funding Entrepreneur CRM Hedge 9

Harvard Business Review

JANUARY 12, 2018

.” Startups such as Wealthfront, Personal Capital, and Betterment launched robo-advisors as industry disruptors, and incumbents, such as Schwab’s (Intelligent Advisor), Vanguard (Personal Advisor Services), Morgan Stanley and BlackRock have joined the fray with their own hybrid machine/advisor solutions. will grow to U.S. $5

Consultative 8

Consultative Strategy Advice McKinsey 8

Harvard Business Review

DECEMBER 19, 2017

And because the traditional supermarket industry is highly concentrated (for example, in the UK, the top seven food retailers account for 87% of the grocery market), retailers have considerable market power to make change. Upgrade inventory systems with the latest technology. Partner with farmers in the supply chain.

Retail 8

Retail Supply Chain Crisis Short-term 8

Harvard Business Review

AUGUST 15, 2011

Regarding the latter, we point to some well-documented and broadly perceived shifts in the geography, demography, and technology of global economic activity. vision of financial world order; as Time magazine reported, he was "bursting with hubris over its booming equity markets and its just-announced 5.6%

Banking 12

Banking ROE Self-aware Proposal 12

Harvard Business Review

JULY 21, 2011

With the first approach, companies seek significant mismatches between their existing organizational capabilities and the markets they serve. They ask: Where are opportunities to introduce something totally unexpected in a market we already serve, with an offering we can deliver tomorrow with little additional investment?

Supply Chain 14

Supply Chain Sample Hedge Engineering 14

Harvard Business Review

FEBRUARY 5, 2014

Investors who have significant money tied up in the fossil fuel industry — every pension and market fund, essentially — are facing a massive risk. And while the new electrified vehicles market is growing fast, it’ll be many years until those technologies dominate. The Guilt or Enlightenment: Moral Suasion . They’d better.

NGO 11

NGO Energy Morale Price 11

Harvard Business Review

APRIL 3, 2014

There’s a wonderful scene (one of many) in Michael Lewis’s new book, Flash Boys: A Wall Street Revolt , in which John Schwall, then the head of product management at RBC Capital Markets in New York, decides one day in 2011 to figure out how stock trading had evolved into a high-speed, unfair race he thought it had become.

Long-term 8

Long-term Open-book Marketing Hedge 8

Harvard Business Review

OCTOBER 30, 2017

He radically transformed the company from a classic conglomerate that did everything to one that focused on its core industrial businesses. GE made a $4 billion bet on connecting industrial equipment through the internet of things and analytical software with a suite of products called Predix Cloud. YASUYOSHI CHIBA/Getty Images.

Ries 8

Ries Long-term Short-term Price 8

Harvard Business Review

JANUARY 23, 2017

” People in industries as different as commercial real estate, pharma, biotech startups, hedge funds, and public school districts worried about how to transform a competitive, star-driven culture into a collaborative one when they had no power to juggle financial rewards and no influence over promotion decisions.

Payback Period 8

Payback Period How To Real Estate Hedge 8

Harvard Business Review

JULY 11, 2014

Jim,” as he is known to all, not only did pioneering work in mathematics; he also founded Renaissance Technologies, a hedge fund that relied on scientists to make predictions and trade in global markets. But imagine if you had to plan the demise of a whole country.

Hedge 8

Hedge Disruptive Innovation Brand Simon 8

Harvard Business Review

MAY 20, 2011

The idea that economists hedge their bets or disagree constantly with one another is a feature of the discipline. Put simply, the new coupon industry is following a path common to so many new markets, with a leader with initial success, a flurry of entrants (at last count some 400 competitors) and, finally, a big shakeout.

Retail 15

Retail Discount Hedge Airlines 15

Harvard Business Review

JULY 27, 2015

In general, organized criminals are trying to steal things of high value, and one of the most valuable industries, in terms of cost, is health care. So what you see is that criminals are going after health records because on the black market they can probably sell a health record of a person for about $50.

Health Care 8

Health Care Hedge Banking Training 8

Harvard Business Review

SEPTEMBER 16, 2014

Well, maybe not quite as a cause : Drexler, the organization’s head of investors industries, takes pains to note that “we’re not trying to be the industry association for impact investors.” A lot of businesses have pursued social responsibility more out of their marketing departments or as some sort of charitable donation.

Insurance 9

Insurance Bond Hedge Bottom-up 9

Harvard Business Review

MARCH 24, 2011

What makes the matter fascinating to industry watchers, approximately their equivalent of the Charlie Sheen supernova, is that Gupta served three terms as managing director of McKinsey & Co., Competitors whispered that Gupta was committing the most un-McKinsey-like of sins: cutting price to get into new markets. from 1994 to 2003.

McKinsey 14

McKinsey Consultative Waterman Intellectual Capital 14

Harvard Business Review

OCTOBER 11, 2013

When the well-known hedge fund manager and short-seller Jeremiah Hughes first put Terranola in the spotlight, issuing ominous warnings about unsold products, a looming patent expiration, and flawed growth projections, the considered judgment of the executive team was to do nothing. “I Terranola’s market cap skyrocketed to $8.1

Case Study 8

Case Study CFO Hedge PR 8

Harvard Business Review

MARCH 24, 2017

The venture capital industry is beginning to take a good, hard look at a new financial instrument coming out of the bitcoin community — Initial Coin Offerings , or ICOs. How technology is transforming transactions. How Blockchain Works Here are five basic principles underlying the technology. Insight Center.

Venture Capitalist 13

Venture Capitalist Due Diligence Finance Long-term 13

Harvard Business Review

SEPTEMBER 7, 2017

Armed with a hypothesis that the stock market was undervaluing digital, we sought to create the largest known repository of digital data on U.S. Our aim was to prove the link between digital strength and shareholder value, and do so in a way that passes the rigorous standards of hedge funds. market but a 22% digital share of the U.S.

Airlines 8

Airlines Hedge Metrics Consensus 8

Harvard Business Review

JANUARY 23, 2012

Having pioneered the smartphone industry with its Blackberry, RIM is dangerously adrift. Part of the problem is that the industry is still moving at warp speed, and the company has dwindling resources to deploy against innumerable innovation challenges. Alas, during industry turmoil muddling through may be impossible.

Strategy 15

Strategy CEO Strategic Planning Consensus 15

Harvard Business Review

AUGUST 10, 2018

Those analyses rely on publicly available data sources, but software providers have accumulated growing amounts of private data on almost every aspect of their customers’ technology, operations, people, and strategies. It is even possible to hold up the data mirror to individual technology users.

Benchmarking 8

Benchmarking Software B2B GAAP 8

Harvard Business Review

JUNE 26, 2017

The sheer magnitude of Apple’s new headquarters sets it apart from any other technology workspace on the West Coast. Software, like information technology in general, is optimized for speed and upgrades — constant, sometimes radical change. million square feet) called the Ring, designed to house 12,000 employees.

Real Estate 8

Real Estate Technology Hedge Project 8

Harvard Business Review

JUNE 12, 2012

2 in its market; he also insisted that every business provide value no competitor could match, and that they all should be able to gain leverage from GE's distinctive strength in complex, engineering-intensive industrial enterprises — or they wouldn't fit. GE has its strengths in the management of large-scale industries.

Welch 8

Welch Diversity Hedge Chemicals 8

Harvard Business Review

MAY 10, 2013

But such expectations are unrealistic in many industries. As noted management expert Geoffrey Moore told me with respect to high-velocity competition, "I''m not sure you ever want to be in the public markets." Its RAZR thin phone was a huge success in the mid-2000''s, and the market raved. Take Motorola, for instance.

Venture Capitalist 8

Venture Capitalist Restructuring Competitive Advantage Short-term 8

Harvard Business Review

FEBRUARY 26, 2013

There were no big technological changes — factories, steamships, and railroads were still largely in the future. The wealthy classes also sought stability over market-oriented efficiency and growth, not unlike Lord Grantham in the television show "Downton Abbey.". What brought on the improvement?

Class 8

Class Hedge Technology Maturity 8

Harvard Business Review

APRIL 2, 2014

You’d have this beta with the market, so you have the riskless rate plus beta times the equity premium. A mini-glossary: beta is the amount that an individual stock fluctuates relative to the overall stock market, and the equity premium is the difference in expected return between stocks and a “riskless” asset such as Treasury bonds.].

CAPM 8

CAPM Discount Price Finance 8

Harvard Business Review

OCTOBER 9, 2015

.” Both stories contain some truth, as a forthcoming study of activist hedge funds demonstrates. The early activists were pension funds, but starting in the 1990’s some hedge funds adopted the strategy. The early activists were pension funds, but starting in the 1990’s some hedge funds adopted the strategy.

Hedge 8

Hedge Finance Short-term Document 8

Harvard Business Review

MARCH 23, 2015

We’ve hit a point of acceleration in video and wearable technologies that provide us with information that we’ve never had in the past about how to optimize player performance. Sports has been very good for the cable industry. It’s about educating the market that those alternatives are available.

Price 8

Price Team Sports Franchising 8

Harvard Business Review

JANUARY 14, 2014

The hedge fund founded and run by billionaire Paul Singer just announced that it now owns 6.2% The company, founded in 1996 by an engineer from Xerox’s legendary Palo Alto Research Center , Pradeep Sindhu (who remains its chief technology officer and vice chairman), was one of the highest flyers of the fin de siècle tech stock boom.

Hedge 8

Hedge Chief Technology Officer Maturity IPO 8

Harvard Business Review

NOVEMBER 11, 2016

What will be the administration’s take on science and technology? Likewise, we know that whatever our historical assumptions have been, many are likely to change as technology advances. And the impacts of policies will be highly specific in nature, degree, and speed for each industry and company. Invest in Resilience.

Strategy 11

Strategy Uncertainty Long-term Politics 11