Harvard Business Review

SEPTEMBER 15, 2011

There it was again in the Wall Street Journal on August 29: a beloved and uplifting, but unfortunately not effective, approach to driving growth through innovation. The idea is that companies need to encourage innovation from everyone and at every level in the organization. Trainers are brought in to teach everyone to be an innovator.

Supply Chain 15

Supply Chain Strategic Fit Innovation Idea Generation 15

Harvard Business Review

JANUARY 17, 2017

From the thirteenth century on, the Arsenal nurtured creativity and spurred innovation and entrepreneurship in the construction of its galleys. Merchants and traders played the game of incremental innovation by focusing on efficiency and optimization. What’s the lesson for entrepreneurs and innovators today?

Innovation 8

Innovation Strategic Fit Competitive Advantage Porter 8

Harvard Business Review

SEPTEMBER 19, 2011

According to chairman and CEO Timothy Smucker, 67, who is now stepping down to hand the jars to his younger brother Richard, 63, "Volume gains in the fruit spreads category were supported by investments in advertising and product innovation." In 2001, Smucker's acquired Jif and Crisco from P&G, which no longer saw them as a strategic fit.

Brand 15

Brand Strategic Fit Retail McKinsey 15

Harvard Business Review

JUNE 8, 2015

Change and innovation are choices, not givens, in any organization, and there are managerial levers for making these selections wisely. Within EB, Merck first created a Global Health Innovation Fund and then a Healthcare Services and Solution unit to identify, develop, and operate nascent opportunities that fit that thesis.

Health Care 8

Health Care Venture Capitalist Strategic Fit Pharmaceuticals 8

Harvard Business Review

AUGUST 9, 2018

But determining whether AI crime-fighting solutions are a good strategic fit for a company depends on whether the benefits outweigh the risks that accompany them. Below, we explain some of the steps they’re taking: Evaluating the strategic fit. Adopting AI. Sponsored by SAS. Assessing and mitigating internal risks.

Banking 8

Banking Strategic Fit Risk Management Real Estate 8

Harvard Business Review

FEBRUARY 6, 2014

When George Buckley served as CEO for innovative manufacturer 3M, he actively encouraged rising stars at the company to serve on outside boards, join quarterly analyst calls, and work directly with the media. Mentoring by the CEO and lead director can be vital here, as can service on another board or two.

Bottom-up 8

Bottom-up CEO Strategic Fit Pharmaceuticals 8

Harvard Business Review

DECEMBER 23, 2016

” Members from each partner organization rate the alliance in areas related to strategic fit, operational fit, and cultural fit. Heat degrades the substrate of innovation, while light catalyzes it.” Lilly’s research shows these same effects can happen between members of alliance innovation teams.

Productivity 8

Productivity Products Survey Strategic Fit 8

Harvard Business Review

JUNE 19, 2015

Situation Three: It Does Not Have Good Strategic Fit. In the meantime, the competition is managing their own innovation and coming up with similar or better improvements to their own products. No innovation remains innovative for long. How can you tell if the product you are working on is likely to succeed or fail?

Productivity 8

Productivity Products Long-term Marketing 8