Remove Innovation Remove Payback Period Remove Technology
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Nuclear Power is Clean, Safe, and Reliable… But Can It Be Competitive?

Strategy Driven

In an effort to improve the financial viability of the remaining nuclear fleet, industry executives launched the Delivering the Nuclear Promise initiative; challenging employees and vendors to identify innovative ways to improve efficiency, reduce costs, and raise revenues while maintaining operational safety and reliability.

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Hospital Budget Systems Are Holding Back Innovation

Harvard Business Review

The audience for such innovation wants to be receptive: A recent American Hospital Association (AHA) survey found that 75% of senior hospital executives endorsed the importance of digital innovation. Yet, despite their stated enthusiasm, hospitals have been notoriously slow to adopt digital innovations. health care system.

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How GE Stays Young

Harvard Business Review

You need to think like a portfolio manager, allocating resources both to innovate in your core and for the future. Knowing that today’s operations will almost always win the lion’s share of resources, you need to consciously create a protected class of innovative ideas to invest in, even if money is tight.

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Why We Need to Update Financial Reporting for the Digital Era

Harvard Business Review

Since then, we interviewed several chief financial officers (CFOs) of leading technology companies and senior analysts of investment banks who follow technology companies. Business students have traditionally considered net present value, payback period, and hurdle rates as necessary tools to determine which project to select.

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How to Get People to Collaborate When You Don’t Control Their Salary

Harvard Business Review

The parallels with business are clear: Stars are a crucial but perhaps fragile source of innovation and competitive advantage. Both these efforts help the payback period arrive sooner, making collaboration a smarter investment for the next wave of people. Likewise, your actions can make the benefits start to flow sooner.

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Accelerating Customer Adoption at the Bottom of the Pyramid

Harvard Business Review

It starts with a trickle : To illustrate this challenge from my own experience, let's look at the example of drip irrigation , a technology that has been around for more than 50 years. This technology has been shown to save water and labor, and to increase yield in a variety of crops. In the trenches : Why is behavior entrenched?