Six Disciplines

MAY 10, 2011

While all of us agree there's a disconnect between strategy formulation and strategy execution, the developers of the Balanced Scorecard (Robert Kaplan and David Norton) offer up this terrifying observation: On average, 95% of a company's employees are unaware of, or do not understand, its strategy. Find out more today.

Balanced Scorecard 101

Balanced Scorecard Execution Strategy Norton 101

Harvard Business Review

NOVEMBER 19, 2012

Everyone thinks they have a digital strategy these days. But while your company may have a business or IT strategy that incorporates digital technology, an IT strategy does not equal a digital strategy. Because most IT strategies treat technology in isolation. This gives the effort a clear and manageable focus.

IT Strategy 9

IT Strategy Strategy Class Offshoring 9

Harvard Business Review

MAY 9, 2012

The innovator's quest has been to find the win-win proposition: a great new product that can create differentiated value for consumers while supporting differentiated profits for the producer. The innovator's job is now to create wins across the board. MORE ON KNOCKING DOWN BARRIERS TO INNOVATION.

Innovation 15

Innovation Supply Chain Telecommunications Core Competence 15

Harvard Business Review

MARCH 21, 2017

Improving the in-store experience, promoting omnichannel shopping and fulfillment options, and developing in-person service innovations are avenues that leverage its brand equity and core competencies — and they’re approaches that would put Amazon at a disadvantage. But, more important, it should excel at brick-and-mortar.

IT Strategy 11

IT Strategy Strategy Core Competence Price 11

Six Disciplines

AUGUST 1, 2011

BOTTOMLINE: Building an organization that executes its strategy is the greatest core competence an organization can have -- and doing so is the greatest challenge in business. complete strategy execution coaching program. It's what we refer to as the "Growth Paradox": the better you execute, the bigger the challenges you'll face.

Core Competence 103

Core Competence Executive Coaching Software Reference 103

Harvard Business Review

JUNE 10, 2014

Almost every discussion of innovation today inevitably turns to the topic of “disruption.” Academics write about the power of disruptive innovation to transform one industry after another. Consultants have set up practices to focus specifically on helping companies become disruptive innovators. How has this strategy worked?

Innovation 8

Innovation Disruptive Innovation Venture Capitalist Depreciation 8

Six Disciplines

AUGUST 1, 2011

BOTTOMLINE: Building an organization that executes its strategy is the greatest core competence an organization can have -- and doing so is the greatest challenge in business. complete strategy execution coaching program. It's what we refer to as the "Growth Paradox": the better you execute, the bigger the challenges you'll face.

Core Competence 98

Core Competence Executive Coaching Software Reference 98

Harvard Business Review

MAY 16, 2014

As generations-old business models are upended by innovations in retail, financial services, bookselling, and a host of other industries, companies must continually adjust their strategic positioning to edge out rivals. But then it recovered by innovating — fast. When Innovation Is Strategy. An HBR Insight Center.

Innovation 8

Innovation Competitive Advantage Supply Chain Business Model 8

Six Disciplines

OCTOBER 4, 2011

By management system, they're referring to the integrated set of processes and tools that a company uses to develop its strategy, translate it into operational actions, and monitor and improve the effectiveness of both. Innovate Purposefully ). By creating a closed-loop management system, companies can avoid such shortfalls.

System 98

System Balanced Scorecard Execution Strategy 98

Harvard Business Review

JUNE 10, 2015

He was also innovative. Starting his career as a trainee at 7-11, he worked his way quickly through the ranks, gaining a reputation for operational excellence. Later, he pulled off impressive turnarounds at Circle K convenience stores and Taco Bell before taking the top job at Blockbuster.

IT Strategy 8

IT Strategy Strategy Operations Resistance 8

Six Disciplines

OCTOBER 4, 2011

By management system, they're referring to the integrated set of processes and tools that a company uses to develop its strategy, translate it into operational actions, and monitor and improve the effectiveness of both. Innovate Purposefully ). By creating a closed-loop management system, companies can avoid such shortfalls.

System 85

System Balanced Scorecard Execution Strategy 85

Harvard Business Review

FEBRUARY 25, 2013

The Fog of Innovation — that moment when you realize that the data you need to make a critical decision about an innovative idea just isn't clear. I remember distinctly a large company that proudly told me about how it got all of its most important executives to sit on an all-powerful innovation board that met every 90 days.

Venture Capitalist 8

Venture Capitalist Innovation Banking Budgeting 8

The Horizons Tracker

OCTOBER 20, 2019

The study explores the Chinese market after the country’s Ministry of Justice made online legal services a key part of its strategy. Given this context, a recent study exploring the role of online marketplaces in the legal profession is particularly interesting.

Budgeting 40

Budgeting Participative Marketing Operations 40

Harvard Business Review

AUGUST 8, 2023

How Molson Coors formulated its strategy for entering the cannabis beverages business.

Globalization 17

Globalization Marketing Company IT Strategy 17

Harvard Business Review

APRIL 11, 2011

As the company seeks to grow beyond its Indian roots and compete with the best globally, innovation is becoming increasingly central to its strategy. To spark innovation and keep the company from avoiding risks, the prize is intended to communicate how important trying and failing can be. Failure is a Gold Mine!"

Globalization 15

Globalization Innovation IT Strategy Strategy 15

Harvard Business Review

JUNE 2, 2014

But as Steve Blank, Henry Chesbrough, and others have pointed out , that advantage is offset by the daunting fact that corporate innovators have to fight a war on two fronts. This is where the concept of stealth innovation can help you. To some extent, you can secure the necessary flexibility by negotiating it up front.

Innovation 12

Innovation Conflict of Interest Strategy System 12

Harvard Business Review

OCTOBER 11, 2018

It’s a solution we discovered during our research in India, and involves breakthrough innovations that drive down health care delivery costs so much that the margins from serving those who can pay is more than enough to cover the costs of those who cannot. It also pursued process innovations that resulted in cost savings.

Health Care 8

Health Care Insurance Cost Price 8

Harvard Business Review

SEPTEMBER 6, 2017

The strategic underpinnings of most companies’ workforce plans should change dramatically as a result of technological innovation. Digital transformation, the industrial internet, advanced analytics, artificial intelligence, robotics, machine learning, and a plethora of other innovations are fundamentally changing the nature of work.

Company 13

Company Insurance Engineering Software 13

Harvard Business Review

MAY 28, 2014

It is one of the first products to launch out of Google X, the company’s research lab that aspires to “moonshot” innovations, and which is also developing a self-driving car. Should Google revise its strategy to pursue that opportunity? Some emphasize the importance of sticking to innovations adjacent to a firm’s core business.

Strategy 10

Strategy Early Adopters Innovation Proposal 10

Harvard Business Review

JULY 18, 2018

It’s a stretch to claim that everything I know about business I learned from watching Netflix, but there’s no doubt that many leaders can see glimpses of the future of competition and innovation by looking at how the company does business. Strategy is culture, culture is strategy. ” Wealth creation?

Technology 15

Technology Sharpe Strategy Content 15

Harvard Business Review

OCTOBER 30, 2017

Innovation at GE was on a roll. Since then Flannery has replaced Immelt’s vice chairs responsible for innovation. ” Instead of lean innovation programs, there is a mandate to cut $2 billion in expenses by the end of next year, lift profits, and raise the dividend. Then it wasn’t. Comstock is out.

Ries 8

Ries Long-term Short-term Price 8

Harvard Business Review

MARCH 3, 2011

Today's CIOs are under pressure to deliver on requests for innovation, cost reduction, connectivity, and a growing demand for business intelligence. As overall business strategy planning ties closer to IT strategy, four personas of the next-generation CIO will emerge: 1. Consequently, the role of the CIO will evolve.

CIO 15

CIO Chief Information Officer Budgeting Technology 15

Harvard Business Review

NOVEMBER 29, 2011

In her underappreciated book, The Innovation Killer , Cynthia Barton Rabe, a former innovation strategist at Intel, explains how "what we know limits what we can imagine." The term it used to describe its strategy was "retailtainment" — making it fun for customers to do business in an industry that was devoid of personality.

Banking 18

Banking Retail Open-book Creativity 18

Harvard Business Review

DECEMBER 27, 2017

A new study from the Center for Talent Innovation (CTI) found that, according to the 2015 US government’s definition of disability , a significant portion of the white-collar workforce has a physical or mental impairment that substantially limits a major life activity: 30% of a nationally representative survey of 3,570 white-collar employees.

Compliance 8

Compliance Chief Operating Officer Innovation Survey 8

Harvard Business Review

MAY 16, 2016

If innovation is a key strategic priority, does your organizational structure enable creative collaboration, risk-taking, and knowledge sharing? To maintain strategic alignment, a company’s people, culture, structure and processes have to flex and change as the strategy itself shifts.

Banking 14

Banking Strategy Film IPO 14

Harvard Business Review

MARCH 10, 2017

When Roger Enrico took the helm as CEO of Frito-Lay, in 1991, the company was developing an innovative and distinctive approach to direct-store delivery that would allow it to consistently deliver the right products to the right stores at the right time. Five big mindset shifts can help you and your organization manage costs in the right way.

Cost 11

Cost How To Budgeting Strategic Planning 11

Harvard Business Review

NOVEMBER 6, 2017

Verizon would not have been able to so quickly and successfully change its strategy without being willing to question and overhaul traditional organizational structures. The Gap Between Strategy and Execution. In short, encourage innovation, begin with execution, and name the strategy later. Insight Center.

Execution 8

Execution Strategy COO CEO 8

Harvard Business Review

NOVEMBER 2, 2016

A company that creates a sustainable competitive advantage, executes well and reinvests to solidify its strategy will find that its share price accurately reflects its value. Are younger insurgent companies faster to launch products, to innovate, to react to customers? Finally, boards should be highly attuned to speed.

Company 8

Company Bureaucracy Long-term Competitive Advantage 8

Harvard Business Review

MAY 6, 2013

Increasingly, the CIO and IT must be seen less as merely developing and deploying technology, and more as a source of innovation and transformation that delivers business value, leveraging technology instead of directly delivering it. Define Your Strategy. Gary Hamel maintains that the key to future success is management innovation.

CIO 8

CIO Hamel Technology Tactics 8

Harvard Business Review

OCTOBER 10, 2018

Capitec gets many things right in terms of its strategy, including its market positioning, internal operations, and organizational culture. Gerrie Fourie, its current CEO, called it “innovating around frustrations.” Yet three things stand out that enable it to grow and prosper. Resisting revenue temptations.

Banking 8

Banking Industry Bottom-up Resistance 8

Harvard Business Review

JULY 25, 2016

Its strategy of coming into the market from the high end did not fit the typical demand-side disruption playbook. Instead, it looked as though Tesla’s innovation was to redesign the car in a way that fundamentally meshed software and hardware. Along the way there has been lots of discussion as to whether Tesla was a disruptor.

Strategy 8

Strategy Automotive Mass Marketing Business Model 8

Harvard Business Review

MAY 7, 2018

That digital focus helped Adidas reshape its strategy for today’s mobile, more empowered consumer. “As an organization, we openly talk about the importance of taking risks and the important role innovation plays in everyday work,” Godsey says. ” Data-Driven Growth in a Digital World.

Content 8

Content Brand Storytelling Technology 8

Strategy Driven

JANUARY 24, 2011

Closing the Execution Gap : How Great Leaders and Their Companies Get Results by Richard Lepsinger If an organization can’t execute its plans and initiatives, nothing else matters: not the most solid, well thought-out strategy, not the most innovative business model, not even technological breakthroughs that could transform an industry.

Execution 67

Execution Company 360-Degree Feedback Cooper 67

Harvard Business Review

NOVEMBER 17, 2016

Indeed, the company eventually announced its strategy to venture massively into cloud computing. On average, they are thus more likely to initiate a shift to a more entrepreneurial and innovative strategy. Each year, about 10% of the companies on the S&P 500 Index experience a CEO transition.

CEO 8

CEO Letter Retail Strategy 8

Harvard Business Review

JANUARY 7, 2014

This month he’s publishing his second book based on the interviews: “Quick and Nimble: Lessons from Leading CEOs on How to Create a Culture of Innovation.” He talked with HBR about why a company’s culture is more important than its strategy — and some of the innovative tactics that CEOs have used to help create a high-performing culture.

CEO 12

CEO FAQ Restructuring Performance Review 12

Harvard Business Review

MAY 30, 2014

For over 50 years, Wal-Mart has pursued essentially the same strategy of “offering the lowest price so its customer can live better.” Wells Fargo has become the most valuable bank in the world by sticking to its strategy of building a value proposition around selling more products per customer than anyone else. How Boards Can Innovate.

Company 8

Company Supply Chain Airlines Health Care 8

Harvard Business Review

JUNE 18, 2014

You sometimes hear managers complain that their organization has no strategy. Every organization has a strategy: its strategy is what it does. But unless it is reflected in the actions of an organization, it is not the organization’s strategy. This isn’t true. Think about it.

Strategy 9

Strategy Bottom-up Organization Report 9