Remove Innovation Remove Operations Remove Scientific Management
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We Too Often Ignore The Tradeoff Between Innovation And Optimization

Innovation Excellence

For decades, managers have been focused on efficiency. From Frederick Winslow Taylor and his Principles of Scientific Management early in the 20th century to more modern practices like Six Sigma, executives continually honed their operations to achieve maximum productivity at minimal cost.

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Fueling Business Process Management with the Automation Engine that Can!

Strategy Driven

In the recent past, businesses had only external, third party vendors to rely on for major projects, operational emergencies, and other labor-intensive initiatives that required resources they did not have. Both industrial, machine-like robots and digital, computerized robots have revolutionized the way companies operate.

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Create a Strategy That Anticipates and Learns

Harvard Business Review

And so the power of incumbency, firm competencies, and market share is giving way to the ability to engage across companies and industries, innovate, individualize, and deliver. This isn’t a retread of scientific management , nor is it an updated take on scenario planning. It’s an entirely different animal.

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The Renaissance We Need in Business Education

Harvard Business Review

More importantly, business education needs to evolve once again, revising its goals to educate leaders of the future who have a new set of skills: sustainable global thinking, entrepreneurial and innovative talents, and decision-making based on practical wisdom. Historically, business schools have so far been through two waves.

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Stop Trying to Control People or Make Them Happy

Harvard Business Review

Whether you’ve heard of them or not, two gurus from the early 20 th century still dominate management thinking and practice — to our detriment. It has been more than 100 years since Frederick Taylor, an American engineer working in the steel business, published his seminal work on the principles of scientific management.

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Create a Strategy That Anticipates and Learns

Harvard Business Review

And so the power of incumbency, firm competencies, and market share is giving way to the ability to engage across companies and industries, innovate, individualize, and deliver. This isn’t a retread of scientific management , nor is it an updated take on scenario planning. It’s an entirely different animal.

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Managing in an Age of Winner-Take-All

Harvard Business Review

The question is: How will management advance to influence the path and force of these revolutions? But increasingly this industrial-age management mindset is becoming an impediment to our fully realizing the promise of the digital revolution’s technologies. Our ways of measuring success are reductive and backward-looking.