Women on Business

MARCH 30, 2011

The fact is that businesses will not assume the risks necessary for innovation and development if they’re not ok with the idea of failing on some level. The problem with fearing failure is that you ultimately avoid risk, don’t bet on yourself or your business, and stunt your richest experiences.

Venture Capitalist 236

Venture Capitalist Entrepreneur Learning-by-Doing Career 236

Harvard Business Review

APRIL 28, 2017

After the initial “quick wins” are wrung from cost-reductions, executives are turning their attention to new ways to innovate using data. The next phase will be to use data for new products and other innovations. Companies that fail to adapt do so at their own competitive and market risk.

Company 12

Company Chief Information Officer Parcell Survey 12

Harvard Business Review

SEPTEMBER 11, 2013

But most businesses fail because our assumptions about customer demand are wrong — because of market risk. Test market risk first. Disruptive innovation Entrepreneurship Product development' As a result, we''re more likely to think of validating experiments.

Products 8

Products Productivity Early Adopters Business Model 8

Harvard Business Review

SEPTEMBER 11, 2013

But most businesses fail because our assumptions about customer demand are wrong — because of market risk. Test market risk first. Disruptive innovation Entrepreneurship Product development' As a result, we’re more likely to think of validating experiments.

Products 8

Products Productivity Early Adopters Business Model 8

Strategy Driven

SEPTEMBER 12, 2011

market) risk obsolescence or irrelevance. In a complex world where predictability is impossible and innovation and risk are necessary to survive and thrive, mistakes are not only acceptable, but welcome. The Forces of global change can render professional skill sets obsolete almost overnight. But how is this done?

Short-term 63

Short-term Tools Learning-by-Doing Schein 63

Harvard Business Review

APRIL 5, 2018

The myth of Silicon Valley is that venture-funded entrepreneurship is a generalizable model that can be applied to every problem, when in actuality it is a model that was built to commercialize mature technologies for certain markets. No innovation strategy fits every problem , so we need to keep expanding the toolbox.

Technology 8

Technology Venture Funding Venture Capitalist Entrepreneur 8

Harvard Business Review

MAY 19, 2014

This approach to entrepreneurship increases your market knowledge: as a potential user, you know the problem, how you’re currently trying to solve it, and what dimensions of performance matter. And you can use this knowledge to avoid much of the market risk in building a new product. Disruptive innovation Entrepreneurship'

Entrepreneur 9

Entrepreneur Advice Disruptive Innovation CRM 9

Harvard Business Review

MAY 2, 2014

Then develop a risk profile for your current strategy using the same framework you’re using to assess your new strategic options. If you have assessed the risk of your strategic options in terms of brand risk, operational risk, market risk, and so on, do the same for the current strategy.

Strategic Planning 8

Strategic Planning Due Diligence Proposal Rogers 8

Harvard Business Review

JANUARY 15, 2013

By inextricably linking the two, we confine the practice of real, turbo-charged capitalism to business, and we dangerously limit the capacity of non-business organizations to innovate, fund, and bring to scale the kind of breakthrough ideas that will begin to solve the huge social problems we face today. Where would all the money come from?

Learning Curve 9

Learning Curve Advertising GDP Pharmaceuticals 9

Harvard Business Review

JANUARY 10, 2013

The opportunity may entail: 1) pioneering a truly innovative product; 2) devising a new business model; 3) creating a better or cheaper version of an existing product; or 4) targeting an existing product to new sets of customers. For example, a new venture might employ a new business model for an innovative product.

Definition 10

Definition Entrepreneur Business Model Tactics 10

Harvard Business Review

MARCH 26, 2015

The lender targeted those customers with more attractive rates—rates that reflected the total life cycle value of these customers—allowing them to grow at a faster pace than peers while keeping losses within acceptable risk levels. Use risk data as an avenue for innovation. Marketing Risk management Collaboration'

Credit Scoring 8

Credit Scoring Risk Management Finance Marketing 8

Harvard Business Review

SEPTEMBER 27, 2013

Paul Volcker famously said the only financial innovation to improve society in recent memory was the ATM. After a reasonable accounting for the fact that the average high-turnover household tilts its common stock investments toward small value stocks with high market risk, the underperformance averages 86 basis points per month (or 10.3

Venture Capitalist 8

Venture Capitalist Finance Hedge Advertising 8