Harvard Business Review

SEPTEMBER 23, 2014

I often hear this question when I visit companies and speak about how to make an innovative idea less terrifying to high level executives. There are plenty of pundits arguing that big companies need to innovate, and pointing out that it is difficult to do so. Have you actually seen this done?”. The skepticism is warranted.

Innovation 15

Innovation P&L Short-term Company 15

Ask Atma

MAY 20, 2012

The benefit of this kind of team activity, is the opening of one’s mind, and shared creative stimulus, which fosters innovation. The more trust that exists between players, the more efficiently the system, market, or organization will work. One part of fostering creativity and innovation is to accept the inevitable failures.

Team 52

Team How To Knowledge Management Self-aware 52

Harvard Business Review

MARCH 12, 2012

For example, GE developed an ultra-low-cost ultrasound for rural China which is now marketed in over 100 countries. Logitech developed an affordable mouse for the China market which sells for (the Chinese equivalent of) $19.99 Surprisingly, such innovations defy gravity and flow uphill from the poor to the rich.

Glocalization 14

Glocalization Mass Marketing P&L Globalization 14

Harvard Business Review

JANUARY 30, 2012

Once, the demise of the Great A&P would have been front-page news from Maine to California. For more than four decades, from 1920 into the 1960s, A&P was the largest retailer in the world. A&P remained so powerful for so long for one reason only: because the two brothers who controlled it, George L. In 1946, the U.S.

P&L 15

P&L Retail Real Estate Discount 15

Harvard Business Review

FEBRUARY 9, 2011

They do this by building consumer P&Ls through cross-functional teams across marketing, sales, supply chain and finance, much like some companies have built account and product P&Ls. Redbox, the innovator whose DVD dispenser machine rents DVDs for $1 per day, had also grown quite rapidly.

P&L 15

P&L Supply Chain Retail Price 15

Harvard Business Review

AUGUST 5, 2014

Instead, the last few years have seen a proliferation of C-suite titles that include a component of marketing. This diversity reflects not only a deepening understanding of the connection between growth and customer satisfaction, but a much greater awareness of what marketing can do to help forge that bond.

P&L 14

P&L Banking Marketing Call Center 14

Harvard Business Review

SEPTEMBER 27, 2017

Coca-Cola recently reshuffled its leadership team to focus on growth, innovation, and digital. L’Oréal has made a strategic investment in Founders Factory , a digital startup accelerator. “Personal experience makes me a more effective marketer.” Here are five: Commit from the Top.

P&L 15

P&L Media Fashion Agility 15

Harvard Business Review

JULY 10, 2012

Two decades ago, organizations were designed around stand-alone business units, so all managers had to understand finance, technology, manufacturing, sales, marketing, strategy, human resources, and more. It also will force the functional service providers to be more market-driven.

Management 15

Management P&L Incubator Finance 15

Harvard Business Review

DECEMBER 22, 2011

If you have a competitive advantage, it will show up on your P&L. Competition is about profits, not market share. Making that commitment actually improves your ability to innovate and to adapt to turbulence. But strategy is more than marketing. There is no honor in size or growth if those are profit-less.

Porter 17

Porter Strategy Competitive Advantage P&L 17

Harvard Business Review

DECEMBER 20, 2011

While "running out" isn't really the right phrase, it's clear that delivering many commodities to market is getting harder and more expensive (we don't dig for oil a mile under the ocean for the heck of it). Markets have a remarkable way of sorting the wheat from the chaff. trillion market for clothes and shoes.

Supply Chain 17

Supply Chain Apparel P&L Long-term 17

Harvard Business Review

JULY 19, 2012

Trade promotion is often the single biggest line item in a manufacturer's P&L. What companies often find is that trade promotion opportunities have broader strategy, branding/marketing and innovation issues at the core. The reason: there's big money at stake. What is trade promotion? Changing the culture is hard.

ROI 15

ROI P&L Retail Brand 15

Harvard Business Review

JANUARY 18, 2012

When Palmisano retired this month, the media chronicled his success by focusing on IBM's 21% annual growth in earnings per share and its increase in market capitalization to $218 billion. They are innovating in ways that create virtuous circles for a generation or more." In the 21st century only IBM's Sam Palmisano has done so.

Globalization 18

Globalization Golden Parachute Short-term Long-term 18

Harvard Business Review

FEBRUARY 16, 2018

Any standing meeting, whether it’s of a departmental leadership team, a cross-functional group owning a process like innovation or talent management, or a task force managing a six-month transition to a new technology, should be designed and linked to a broader governance plan. These are just symptoms, however.

P&L 15

P&L How To Finance Metrics 15

Harvard Business Review

MAY 6, 2015

The fear of getting Netflix-ed or Uber-ized is spurring big companies to dial up their investment in innovation. But as investment increases, many companies are struggling with a challenging question: how do you know whether your chosen innovation strategy is actually bearing fruit? Number of projects in the innovation pipeline.

Metrics 8

Metrics Innovation Company Stage-Gate 8

Harvard Business Review

MAY 8, 2012

Right now, the market price of carbon is very low, so Microsoft is charging a small amount per ton. Pricing carbon on your own, without a real market in place, is hard, which is why there are so few examples of companies doing it. Even so, they will collect north of $10 million, which is enough to buy offsets.

Price 16

Price P&L White Paper Energy 16

Harvard Business Review

JANUARY 17, 2012

But then the market slowed as companies moved their construction overseas and construction jobs disappeared. In a way," he says, "the slower market has been a blessing. As business boomed, new hires and managers competed hard with each other to scramble up the corporate ladder (while prying other people's fingers off of it).

P&L 14

P&L Construction Survey Stress 14

Harvard Business Review

JULY 19, 2012

Trade promotion is often the single biggest line item in a manufacturer's P&L. What companies often find is that trade promotion opportunities have broader strategy, branding/marketing and innovation issues at the core. The reason: there's big money at stake. What is trade promotion? Changing the culture is hard.

ROI 14

ROI P&L Retail Brand 14

Harvard Business Review

MAY 24, 2013

She holds the Ernest L. She''s an expert on strategy, innovation, and leading change. In her latest book, SuperCorp: How Vanguard Companies Create Innovation, Profits, Growth, and Social Good , she analyzed how P&G (among other companies) achieved long-term performance. Why is P&G making this move, now? Asking A.G.

P&L 8

P&L Restructuring Price CEO 8

Harvard Business Review

OCTOBER 10, 2017

A recent McKinsey report found that while 84% of corporate executives think innovation is key to achieving growth objectives, only 6% are satisfied with the innovation performance of their firm. Even if executives try to prioritize it, innovation often gets crowded out by more “urgent” short-term pressures.

Innovation 8

Innovation P&L ROI Long-term 8

Harvard Business Review

JANUARY 25, 2012

With three efficient plants staffed by 3,000 employees, it had reinvented itself to become an innovative manufacturer of modular steel staircases and fiberglass doors. These deductions, which totaled 12% of sales, had previously been collapsed into a single line item in the P&L for each customer. The Power of Customer Costing.

Case Study 15

Case Study P&L Cost Due Diligence 15

Harvard Business Review

DECEMBER 19, 2016

CEOs should actively manage five specific tensions in today’s complex global business environment: Disruptive innovation versus leveraging the company’s core strengths. Even in the most commoditized markets, winning players need to create value by adding small slivers of differentiated services, logistics, quality and reliability.

CEO 8

CEO Supply Chain Disruptive Innovation P&L 8

Harvard Business Review

NOVEMBER 12, 2012

It's about learning enough about the differences between men and women to be able to effectively access and connect with the majority of today's talent and markets. Our annual Global Gender balance Scorecard shows that 63% of the women sitting on Executive Committees of the top 100 US companies are in support functions, not P&L roles.

Diversity 10

Diversity Balanced Scorecard P&L Committee 10

Harvard Business Review

JUNE 13, 2016

No matter how you look at it, there have been terrible, unintended outcomes from the introduction and marketing of next-generation prescription opioids. How did the making and marketing of drugs like OxyContin go so terribly wrong? has quadrupled, according to the Centers for Disease Control and Prevention (CDC). Commercial.

Incentives 8

Incentives Pharmaceuticals Crisis P&L 8

Harvard Business Review

JANUARY 23, 2015

In addition to what a company is paid for, “these assumptions are about markets. A new business model may turn on designing a new product for an unmet need or on a process innovation. That could be by offering a better business model — but it can also be by offering the same business model to a different market.

Business Model 8

Business Model Drucker Christensen P&L 8

Harvard Business Review

JANUARY 29, 2015

Key selection criteria included experience in innovative software and service (versus product) development, and an ability to manage a start-up in a very large, complex company. A design studio is geared for collaboration and innovation work with customers and partners. And the market for software talent was hot hot hot.

Software 8

Software Six Sigma Insourcing P&L 8

HR Digest

JANUARY 11, 2024

L-R): Anthony Horton, Chris McCarthy, Stephanie Neal In a recent interview, OpenAI CEO Sam Altman revealed a startling confession: the architect of ChatGPT, a revolutionary language model capable of holding nuanced conversations and generating creative text formats, often struggles to sleep. .

CEO 52

CEO Altman McCarthy Supply Chain 52

Strategy Driven

SEPTEMBER 9, 2011

Many people do not typically think of metrics and accounting as roadblocks to innovation, yet you call these out as potential problem areas. With Discovery-Driven Growth , Rita and Ian offer managers everywhere a time-tested blueprint for planning and executing a strategic growth agenda with confidence – in any market.

Innovation 50

Innovation NPV Business Model Constraint 50