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

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

Harvard Business Review

MARCH 17, 2011

Unfortunately, many managers misunderstand their competitive set, and that leads to strategic mistakes. 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.

Management 15

Management Retail Brand Merchandising 15

Harvard Business Review

AUGUST 21, 2013

Similar waves of innovative applications of technology (e.g., ERP systems, RFID , knowledge management, business intelligence) have washed over organizations. This trend toward ever more critical reliance on IT is not only transforming the idea and practice of corporate IT, but has disruptive operational implications for every manager.

Competitive Advantage 9

Competitive Advantage Management Information Technology Airlines 9

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 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

JUNE 10, 2015

Managers, he argued, take a rational approach and seek order and control. Managers provide the continuity needed to execute efficiently and leaders drive the kinetic energy needed to respond dynamically to the needs of the marketplace. Lafley, are both great managers and great leaders. He was also innovative.

IT Strategy 8

IT Strategy Strategy Operations Resistance 8

Harvard Business Review

MAY 28, 2014

Glass product manager Steve Lee is quoted as saying: Major new consumer tech products are rarely brought out of the lab at this stage of development. 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.

Strategy 14

Strategy Early Adopters Innovation Proposal 14

Harvard Business Review

FEBRUARY 12, 2014

The 15-word constraint is a test that often reveals a profound lack of alignment among managers. In a 100-page strategy document you can state everything you want, which makes everyone in the organization feel comfortable. For me, IKEA’s success is mostly due to the clarity of its strategy. But it’s more difficult than it seems.

Strategy 19

Strategy Document Comparison Retail 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

MARCH 10, 2017

” Call it cost management fatigue. When doing research for our book , we found that the main reasons most companies suffer from this syndrome are that they make across-the-board cuts that are unconnected to their strategy, and fail to make the cuts sustainable. First, connect costs and strategy.

Cost 14

Cost How To Budgeting Strategic Planning 14

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

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. On the contrary, success was achieved by senior managers humble enough not to take their initial strategic positions too seriously.

Strategy 15

Strategy Automotive Short-term Marketing 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. Managing people Strategy' This isn’t true.

Strategy 12

Strategy Bottom-up Organization Report 12

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. Management cred? Strategy is culture, culture is strategy.

Technology 15

Technology Sharpe Strategy Content 15

Harvard Business Review

MAY 16, 2016

“Organization,” as we’re using it here, includes all of the required capabilities, resources (including human), and management systems necessary to implement your strategy. If innovation is a key strategic priority, does your organizational structure enable creative collaboration, risk-taking, and knowledge sharing?

Banking 15

Banking Strategy Film IPO 15

Harvard Business Review

OCTOBER 10, 2017

Precision made it easy for managers to oversee their employees. Every spot on every line was visible to managers. But Bernstein and his team observed that when managers were not watching, employees secretly developed and shared better ways of doing the work. These stats were reviewed by managers every week.

Organization 15

Organization Tactics Call Center Metrics 15

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

JANUARY 18, 2012

Palmisano warned against prioritizing shareholders or other constituents, calling this "a false choice," and explaining that "Long-term management is a serious challenge in a world driven by short-term thinking. They are innovating in ways that create virtuous circles for a generation or more." It is not about you.

Globalization 18

Globalization Golden Parachute Short-term Long-term 18

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

JULY 17, 2013

Stay secure and boost innovation. Many CIOs have buckled under the CIO paradox, while others have managed to be effective despite it. Today, however, technology innovation is creating a drastic change — across all major industries — in the way customers want to interact with their suppliers. Grow blended executives.

CIO 9

CIO Technology Storytelling Short-term 9

Harvard Business Review

FEBRUARY 9, 2011

It may seem counterintuitive, but smart companies need to routinely rid themselves of less profitable customers, the same way an asset manager or rebalances an investment portfolio or a Major League Baseball general manager trades a declining player. So how does one take full advantage of a 'window to winnow'?

P&L 15

P&L Supply Chain Retail Price 15

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

MARCH 27, 2014

And too often, savings just represent corrections of past failures in managing supplier relationships. Or does it focus on customer service and helping the business achieve its strategy? They should be treated as a driving force for innovation and viewed as critical partners in the company’s success.

Budgeting 10

Budgeting Objective Cost Globalization 10

Harvard Business Review

MAY 17, 2013

We don''t often think about the way we usually operate at work, whether we''re performing an informal five-step process for evaluating a new proposal, or setting priorities for managing our time. Managers think that they should find out what the best practice is and then roll it out. Change management Managing people Operations'

Efficiency 10

Efficiency Organization Bureaucracy Operations 10

Harvard Business Review

NOVEMBER 17, 2017

Differentiation increasingly requires more innovative thinking, and the use of very specific areas of expertise (like Apple’s winning design, a capability that wouldn’t have been prioritized in most technology companies before Jobs). But rarely are budgets linked closely to the strategy. Execute the strategy.

Execution 16

Execution Strategy How To Budgeting 16

Harvard Business Review

OCTOBER 30, 2017

Over a period of years, every GE senior manager would learn the lean startup methodology, and GE would be the showcase for how modern companies use entrepreneurial management to transform culture and drive long-term growth. Innovation at GE was on a roll. Are lean innovation and the startup way a failure in large companies?

Ries 8

Ries Long-term Short-term Price 8

Harvard Business Review

NOVEMBER 2, 2017

Nokia was so immersed in executing its strategy that it lost sight of its purpose. That purpose is bigger than the company itself, providing natural cohesion, and it demands expansive thinking, driving innovation and progress. In retrospect, it seems inevitable. We have observed companies doing this to a certain degree.

Strategy 15

Strategy Company How To Supply Chain 15

Harvard Business Review

MARCH 12, 2014

In the late 1990’s, Home Depot’s rapid growth had outpaced its corporate infrastructure and was hiding serious cost management challenges. Their board hired Robert Nardelli from GE to quickly install the organizational foundation necessary to continue the company’s growth and better manage costs. Boards Leadership Strategy'

Strategic Fit 9

Strategic Fit Rogers CEO Strategy 9

Harvard Business Review

OCTOBER 17, 2017

There is general consensus that a major solution lies in better managing and preventing adult chronic diseases such as diabetes and heart failure. These include infant safety and injury prevention, social work, legal advocacy, case management, tutoring, fitness classes, nutrition and lactation, mental health, and dental care.

Health Care 14

Health Care Metrics Efficiency Absenteeism 14

Harvard Business Review

MAY 14, 2014

Imagine you are the CEO of one of Britain’s oldest and possibly least innovative insurance companies, The Prudential. One of your better managers comes to you with the idea of setting up an internet bank. Other aspects of Apple’s way of managing are unlikely to constitute “wisdom” that would be of great value to a drone business.

Licensing 9

Licensing Competitive Advantage Proposal Banking 9

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

APRIL 4, 2014

In 2006, they hired an experienced president to manage their rapidly growing business. Sure, it must always consider whether to adjust that strategy in the face of new competition, changing customer demand, technological innovation or all three. Five years later, they had a $50 million business (including franchisees’ revenue).

Strategy 10

Strategy Wireless Company Retail 10

Harvard Business Review

AUGUST 9, 2013

No Hierarchy, No Management, No Nothing. How Medium is Building a New Kind of Company with No Managers First Round Capital. Medium isn''t merely a digital publishing platform; it''s also a fierce adopter of Holacracy, a style of management that is entirely management-free. So does it work? Stirman says yes.

Report 10

Report Film Business Model Loyalty 10

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. Lose an owner’s mindset and leaders turn into managers, then custodians and, ultimately, bureaucrats. Finally, boards should be highly attuned to speed.

Company 8

Company Bureaucracy Long-term Competitive Advantage 8

Harvard Business Review

APRIL 13, 2016

Managers, consultants, and academics around the world have long wrestled with this question. But simultaneously managing today’s business while creating tomorrow’s goes beyond being ambidextrous. Managers exploiting current businesses develop mindsets based on what they have experienced in the past.

Company 8

Company Licensing Incentives Construction 8