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

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

Strategy Driven

SEPTEMBER 12, 2023

Focusing on IT resources also allows the clinic to focus on innovative solutions. Plus, they can focus on patient care and develop cost-effective IT strategies. This eliminates the need to hire IT staff who may lack the specific healthcare experience needed to secure the clinic’s network.

Compliance 111

Compliance Management Software Risk Management 111

Harvard Business Review

JANUARY 17, 2024

If you’re leading your team through big changes, this episode is for you.

IT Strategy 27

IT Strategy Strategy Team Disruptive Innovation 27

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 16

Innovation Supply Chain Telecommunications Core Competence 16

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 13

IT Strategy Strategy Class Offshoring 13

The Practical Leader

MAY 29, 2024

Without clear guidance and direction, their activities can drift away from the organization’s overarching vision, values, and purpose, customers/partners, as well as its strategies and priorities. What’s in a Name: Team Labels Don’t Create Teamwork Many so-called teams aren’t.

Team 52

Team Teamwork Venture Capitalist Goleman 52

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 15

IT Strategy Strategy Core Competence Price 15

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 11

Innovation Disruptive Innovation Venture Capitalist Depreciation 11

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

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

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 9

Innovation Competitive Advantage Supply Chain Business Model 9

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

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 22

Banking Retail Open-book Creativity 22

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

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 17

CIO Chief Information Officer Budgeting Technology 17

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

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 14

Innovation Conflict of Interest Strategy System 14

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 14

Strategy Early Adopters Innovation Proposal 14

Harvard Business Review

AUGUST 8, 2023

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

Globalization 19

Globalization Marketing Company IT Strategy 19

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 16

Company Insurance Engineering Software 16

Harvard Business Review

FEBRUARY 12, 2014

For me, IKEA’s success is mostly due to the clarity of its strategy. What IKEA did was to replace the warehouse atmosphere associated with most discount furniture retailers with a cheerful, innovative look and feel, wrapping its bare-bone offerings with an amusing set of attributes. No delivery, no assembly.

Strategy 19

Strategy Document Comparison Retail 19

Harvard Business Review

FEBRUARY 1, 2011

My last post talked about how a little-known company , Grace Manufacturing, took a flexible and opportunistic approach to its strategy when its core business faltered. Adam Richardson, a Creative Director at global innovation firm frog design , is the author of Innovation X: Why a Company's Toughest Problems are its Greatest Advantage.

Strategy 15

Strategy Automotive Short-term Marketing 15

Harvard Business Review

JULY 18, 2011

By that he means that all the things a business does — not just its logo and visuals, but also its strategy, call to action, customer service, communications with customers, and people — combine to determine what it stands for. Dan's smart observation is that "Brand is everything, and everything is brand."

Brand 16

Brand Positioning Marketing Productivity 16

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 14

Cost How To Budgeting Strategic Planning 14

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

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 15

CEO FAQ Restructuring Performance Review 15

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 15

Banking Strategy Film IPO 15

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 12

Strategy Bottom-up Organization Report 12

Harvard Business Review

JANUARY 18, 2012

They are innovating in ways that create virtuous circles for a generation or more." In contrast, IBM kept laser-like focus on building the global organization to execute its strategy, and financial results followed. Forward-thinking leaders are not just achieving measurable success in the short-term. It is not about you.

Globalization 18

Globalization Golden Parachute Short-term Long-term 18

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 9

CIO Hamel Technology Tactics 9

Harvard Business Review

MARCH 17, 2011

Once Braun understood this dynamic, it shifted its strategy to focus on beating Remington, which competed in both the foil and rotary markets with lower-priced, lesser quality razors. Braun simplified its merchandising and brand strategy.

Management 15

Management Retail Brand Merchandising 15

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 10

Company Supply Chain Airlines Health Care 10

Harvard Business Review

MARCH 9, 2011

Overall, we found that more than half of our survey respondents have adopted OSS solutions as part of their IT strategy. Nearly a third of respondents now cite benefits of flexibility, increased innovation, shorter development times, and faster procurement processes. To find out, we surveyed 547 IT leaders in 11 countries.

Software 16

Software Tips Licensing Survey 16

Harvard Business Review

JULY 17, 2013

Stay secure and boost innovation. Today, however, technology innovation is creating a drastic change — across all major industries — in the way customers want to interact with their suppliers. The CIO paradox is a set of contradictions that lies at the heart of IT leadership. Be strategic and operational.

CIO 9

CIO Technology Storytelling Short-term 9

Harvard Business Review

AUGUST 21, 2013

Similar waves of innovative applications of technology (e.g., My friend Craig Bickel , Principal at IT strategy consultancy WGroup told me that: "While functional responsibilities will remain specialized, innovation, implementation, and value realization must be shared between the business and IT."

Competitive Advantage 9

Competitive Advantage Management Information Technology Airlines 9

Harvard Business Review

MARCH 27, 2014

Or does it focus on customer service and helping the business achieve its strategy? Leaders should consider what the business is trying to achieve and design metrics around areas such as innovation, stakeholder experience, risk mitigation, improving ways of working, and spending wisely rather than less.

Budgeting 10

Budgeting Objective Cost Globalization 10