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

Harvard Business Review

JUNE 10, 2015

Therefore, the ability to manage operation and the capacity to inspire employees is no longer enough. Starting his career as a trainee at 7-11, he worked his way quickly through the ranks, gaining a reputation for operational excellence. He was also innovative. Today, we must learn how to shape networks around a shared purpose.

IT Strategy 8

IT Strategy Strategy Operations Resistance 8

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

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. But up-front agreements can only carry you so far.

Innovation 11

Innovation Conflict of Interest Strategy System 11

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. a cataract operation can cost $200 or less, compared with $3,500 in the U.S.

Health Care 8

Health Care Insurance Cost Price 8

Harvard Business Review

MAY 16, 2016

The current mantra is “Move fast with stable infrastructure”, which speaks to the organizational design challenge of operating at scale in a fickle and volatile world. There is a simple test you can perform to start an honest conversation about strategy and organizational effectiveness where you work.

Banking 14

Banking Strategy Film IPO 14

Harvard Business Review

MAY 28, 2014

As Quartz reported last year: Members of the Glass operations team have been on the road showing it off to companies and organizations, and they told Quartz that some of the most enthusiastic responses have come from manufacturers, teachers, medical companies, and hospitals. Should Google revise its strategy to pursue that opportunity?

Strategy 10

Strategy Early Adopters Innovation Proposal 10

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

AUGUST 21, 2013

In order to see the future more clearly, it''s almost always helpful to look back — and this certainly goes for IT and its ever-increasing impact on operations, and ultimately on competitive advantage. Similar waves of innovative applications of technology (e.g.,

Competitive Advantage 8

Competitive Advantage Management Information Technology Airlines 8

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

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

OCTOBER 30, 2017

Innovation at GE was on a roll. Since then Flannery has replaced Immelt’s vice chairs responsible for innovation. So is John Rice, the head of global operations, along with CFO Jeffrey Bornstein. Are lean innovation and the startup way a failure in large companies? Then it wasn’t. Comstock is out.

Ries 8

Ries Long-term Short-term Price 8

Harvard Business Review

NOVEMBER 17, 2017

For decades, we’ve often thought of leadership profiles in unique buckets—two popular varieties were the “visionaries”, who embrace strategy and think about amazing things to do, and the “operators”, who get stuff done.

Execution 16

Execution Strategy How To Budgeting 16

Harvard Business Review

JANUARY 26, 2015

GE now operates in 175 countries across the globe.) So a constant reengineering of our business portfolio, operating model, and culture has been a key to our evolution. For an organization to endeavor to change its culture, it needs to take its cue from what changes in its strategy. The context demanded operational excellence.

Welch 8

Welch Six Sigma Agility Operations 8

Harvard Business Review

OCTOBER 10, 2017

Tactical performance is how effectively your organization sticks to its strategy. In Precision’s case, good tactical performance required developing rules, checklists, and standard operating procedures and then following them closely. We made a number of operational changes to the call center.

Organization 13

Organization Tactics Call Center Metrics 13

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

OCTOBER 10, 2018

Capitec gets many things right in terms of its strategy, including its market positioning, internal operations, and organizational culture. This does not just mean adding things to their company’s portfolio and value proposition; it also requires ceasing some of the old parts of the original strategy.

Banking 8

Banking Industry Bottom-up Resistance 8

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. So the organization started documenting standard operating procedures to capture employee know-how and wisdom. Must Do" Procedures.

Efficiency 8

Efficiency Organization Bureaucracy Operations 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

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

NOVEMBER 6, 2017

It knew it had to act fast, so top leaders began by challenging major assumptions about how they operated. 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.

Execution 8

Execution Strategy COO CEO 8

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 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

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

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.

Strategy 15

Strategy Document Comparison Retail 15

Harvard Business Review

MARCH 12, 2014

The company’s twenty years of entrepreneurial success had positioned the company to reap greater financial rewards using a more disciplined operational focus. However, by the middle of the decade, Google was growing, YouTube was forming, and “operational excellence” wasn’t a differentiating strategy in technology.

Strategic Fit 8

Strategic Fit Rogers CEO Strategy 8

Harvard Business Review

JANUARY 18, 2012

Executing this strategy required seamless integration of IBM's product capabilities with its geographic reach. This meant abandoning IBM's existing organization, in which product silos and geographic entities operated independently and frequently were more competitive than collaborative. When the U.S. It is not about you.

Globalization 16

Globalization Golden Parachute Short-term Long-term 16

Harvard Business Review

JULY 17, 2013

Be strategic and operational. 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. IT is highly strategic, intensely operational, hard to staff and extremely expensive.

CIO 8

CIO Technology Storytelling Short-term 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 14

Strategy Company How To Supply Chain 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 12

CEO FAQ Restructuring Performance Review 12

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 8

Budgeting Objective Cost Globalization 8

Harvard Business Review

MAY 27, 2015

We see ourselves as risk-takers and innovators. Over the last six years the federal government funded more than 50 new regional innovation “clusters,” and across America new accelerators and entrepreneurship boot camps are proliferating. This research shows that the market for middle skills operates very poorly.

Entrepreneur 8

Entrepreneur Policies Banking Innovation 8

Harvard Business Review

JULY 2, 2015

Business growth can also depend on factors such as the availability of talent or scarce raw materials that influence, say, a company’s innovation capabilities or its ability to manufacture cost-effectively. Finally, operating conditions differ significantly within the country groups.

Marketing 8

Marketing Benchmarking Globalization Construction 8

Harvard Business Review

FEBRUARY 9, 2011

The best companies are able to distinguish between these consumers by precisely valuing their operating profit potential, not just gross margin or volume. Redbox, the innovator whose DVD dispenser machine rents DVDs for $1 per day, had also grown quite rapidly. Their price sensitivity leads firms to over-promote and dilute profits.

P&L 15

P&L Supply Chain Retail Price 15

Harvard Business Review

OCTOBER 17, 2017

PFK is now working on expanding its strategy to address the health needs of children with disabilities. million Health Care Innovation Award and several other pediatric ACOs have also been formed with the assistance of Medicaid funding. whether someone is employed and his or her earnings over time).

Health Care 10

Health Care Metrics Efficiency Absenteeism 10

Harvard Business Review

JUNE 7, 2013

While every other player in the electric car space was focused on innovating individual pieces — vehicles, batteries, charge spots — Better Place''s strategy was unique in innovating the larger puzzle to deliver an affordable drive-anywhere, anytime solution. Innovation Strategy Transportation'

Mass Marketing 8

Mass Marketing Transportation Depreciation Short-term 8

In the CEO Afterlife

JUNE 8, 2016

Years later, it took on bigger players by introducing new innovative packaging to the market, and subsequently carving out a double-digit share when few thought it could be done. The change in management, which included Bell and Powell, meant a big change in how the company would operate in the following decades.

Brand 100

Brand Brand Management Advertising Management 100