Harvard Business Review

MARCH 21, 2017

Now, in some cases, it can often lower prices than Amazon because Jet.com’s operating model doesn’t rely on holding inventory. But the company has elected to make neither its new pricing capabilities nor its long-standing low prices part of its marketing efforts for e-commerce.

IT Strategy 15

IT Strategy Strategy Core Competence Price 15

Harvard Business Review

MAY 9, 2012

Through the first half of the last decade, a foundation of Nokia's competitive advantage was its unmatched ability to customize a wide variety of phones for operators. A crucial element of its strategy to win over consumers to its advanced smartphones was to persuade third-party developers to create a vast array of apps for its phones.

Innovation 16

Innovation Supply Chain Telecommunications Core Competence 16

Harvard Business Review

JUNE 10, 2015

Therefore, the ability to manage operation and the capacity to inspire employees is no longer enough. Starting his career as a trainee at 7-11, he worked his way quickly through the ranks, gaining a reputation for operational excellence. To do that, he would need to integrate operations at a scale no one had thought possible.

IT Strategy 8

IT Strategy Strategy Operations Resistance 8

Harvard Business Review

MARCH 13, 2017

Companies wind up in trouble and squander the time, talent, and energy of their workforce when they lose focus, spend money on things that don’t make a difference to employees or the future of the business, and use operating models that are out of whack. redesign the operating model. Redesign the Operating Model.

Organization 16

Organization Zero Based Budgeting Budgeting How To 16

Harvard Business Review

NOVEMBER 29, 2011

I first noticed Commerce back in the late '90s, when it was developing a reputation for creativity and had a stock-market value of $400 million. The term it used to describe its strategy was "retailtainment" — making it fun for customers to do business in an industry that was devoid of personality.

Banking 22

Banking Retail Open-book Creativity 22

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. Executing this strategy required seamless integration of IBM's product capabilities with its geographic reach. When the U.S. It is not about you.

Globalization 18

Globalization Golden Parachute Short-term Long-term 18

Harvard Business Review

FEBRUARY 12, 2014

For me, IKEA’s success is mostly due to the clarity of its strategy. Most businesses try to build their market around what they offer. It offered other items besides furniture (housewares, unique toys), and customers could drop children off a brightly designed, company-operated day care center.

Strategy 20

Strategy Document Comparison Retail 20

Harvard Business Review

JULY 2, 2015

Many companies start their search for global growth in an alphabet soup of emerging-market groupings such as the BRIC , CIVETS , MINT , Next 11 , and so on. There are several flaws in using such acronyms as the basis for entering overseas markets. However, the sources of demand in each country differ, which will affect your strategy.

Marketing 8

Marketing Benchmarking Globalization Construction 8

Harvard Business Review

JUNE 2, 2014

If your company puts you in charge of developing a foreign market or a new line of business, your challenges are in many ways similar to those facing a startup. It is a fight that every manager is familiar with, but nowhere is the challenge bigger than when the existing strategy is not aligned with the demands of the situation you are in.

Innovation 15

Innovation Conflict of Interest Strategy System 15

Harvard Business Review

MAY 28, 2014

As Quartz reported last year: Members of the Glass operations team have been on the road showing it off to companies and organizations, and they told Quartz that some of the most enthusiastic responses have come from manufacturers, teachers, medical companies, and hospitals. Should Google revise its strategy to pursue that opportunity?

Strategy 14

Strategy Early Adopters Innovation Proposal 14

Harvard Business Review

MAY 16, 2016

Strategic alignment, for us, means that all elements of a business — including the market strategy and the way the company itself is organized — are arranged in such a way as to best support the fulfillment of its long-term purpose. Strategy is how the business will achieve it.

Banking 15

Banking Strategy Film IPO 15

Harvard Business Review

MAY 18, 2011

He blamed the Japan earthquake, the anemic PC market, and a troubled services organization. While HP was once the technology leader that could do no wrong, market watchers are now concerned that the company does not have a clear strategy to overcome its problems. The technology market is the epitome of creative destruction.

Software 15

Software Technology Intellectual Capital Marketing 15

Harvard Business Review

MARCH 2, 2011

Some tentative conclusions: There is not much of a market for stand-alone strategy studies any more. The days when you could make a living responding to companies' discovery of strategy, as in "Gosh, we gotta get ourselves one of those," are gone with the 1970s (or maybe the 1990s in the "developing world"). Monitor & Co.,

Consultative 17

Consultative Strategy McKinsey Porter 17

Harvard Business Review

JUNE 29, 2012

But what about the more strategic risk areas, such as those related to emerging market entry or acquisition growth strategies? Most important, the alignment of risk awareness and management practices, from strategy to business operations, enabled the company to monitor risk developments more effectively.

Risk Management 15

Risk Management Maturity EBITDA Management 15

Harvard Business Review

MARCH 10, 2017

At the same time, Eagle Snacks was gaining market share with innovative new products and its own distribution system. Today, Frito-Lay “owns the streets” in its markets, as well as several $1 billion brands. First, connect costs and strategy. Second, rethink costs in terms of capabilities.

Cost 15

Cost How To Budgeting Strategic Planning 15

Harvard Business Review

OCTOBER 10, 2017

Tactical performance is how effectively your organization sticks to its strategy. In Precision’s case, good tactical performance required developing rules, checklists, and standard operating procedures and then following them closely. We made a number of operational changes to the call center. Related Video.

Organization 15

Organization Tactics Call Center Metrics 15

Harvard Business Review

SEPTEMBER 21, 2012

If you're among the many multinational CEOs planning to appoint a local executive as your next country head in an emerging market such as Brazil, China, or India, you may want to think again. Knowing the market and possessing networks are important, but that's not all your company needs for success today.

Globalization 8

Globalization CEO Long-term Operations 8

Harvard Business Review

FEBRUARY 27, 2013

We set people up to use their area of expertise, be it strategy, accounting, operations, technology, finance, or human resources. They need help with financial management, marketing, product development, service delivery, and technology. A skills-based, or pro bono, approach is about donating skills, not just money.

Skills 12

Skills Real Estate Human Capital Project 12

Harvard Business Review

SEPTEMBER 6, 2017

New innovations will change the basis of competition in many markets and alter the sources of advantage for most companies. Business-critical roles — that is, the jobs that are central to differentiating a company from its competitors and successfully executing its strategy — will also change.

Company 16

Company Insurance Engineering Software 16

Harvard Business Review

JUNE 10, 2014

Yet, its strategy for almost three decades has largely been that of a sustainer, not a disruptor. Let’s take the introduction of the x386 in 1985 as the starting point for the sustaining strategy (although one might argue that the x386 was itself just a sustaining innovation, relative to earlier generations). Absolutely. Undeniably.

Innovation 11

Innovation Disruptive Innovation Venture Capitalist Depreciation 11

Harvard Business Review

AUGUST 21, 2013

In order to see the future more clearly, it''s almost always helpful to look back — and this certainly goes for IT and its ever-increasing impact on operations, and ultimately on competitive advantage. Yet with each wave, the criticality of IT to basic operations and delivery of service to customers continues to escalate.

Competitive Advantage 10

Competitive Advantage Management Information Technology Airlines 10

Harvard Business Review

NOVEMBER 2, 2017

Before the iPhone was introduced, in 2007, Nokia was the dominant mobile phone maker with a clearly stated purpose — “Connecting people” — and an aggressive strategy for sustaining market dominance. Nokia was so immersed in executing its strategy that it lost sight of its purpose. Insight Center.

Strategy 15

Strategy Company How To Supply Chain 15

Harvard Business Review

MAY 30, 2014

For over 50 years, Wal-Mart has pursued essentially the same strategy of “offering the lowest price so its customer can live better.” Wells Fargo has become the most valuable bank in the world by sticking to its strategy of building a value proposition around selling more products per customer than anyone else. Strategy'

Company 10

Company Supply Chain Airlines Health Care 10

Harvard Business Review

FEBRUARY 5, 2016

The past year has been difficult for many markets in Sub-Saharan Africa (SSA). However, although some of our clients have been facing difficulties resulting from the current environment, primarily because of currency pressures, many others are continuing to see strong growth, even in troubled markets such as South Africa and Angola.

GDP 8

GDP Politics Marketing Bottom-up 8

Harvard Business Review

JUNE 26, 2013

Only the largest of enterprises could afford the best technologies, and even for those with the largest bank accounts, IT strategies were limited to basics like CRM , ERP , or email. And given the complexities involved in building up competitive IT weaponry, businesses won by out-spending and out-resourcing their opponents.

Supply Chain 11

Supply Chain Competitive Advantage Information Technology How To 11

Harvard Business Review

FEBRUARY 9, 2011

The best companies are able to distinguish between these consumers by precisely valuing their operating profit potential, not just gross margin or volume. 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.

P&L 15

P&L Supply Chain Retail Price 15

Harvard Business Review

JANUARY 26, 2015

GE now operates in 175 countries across the globe.) So a constant reengineering of our business portfolio, operating model, and culture has been a key to our evolution. For an organization to endeavor to change its culture, it needs to take its cue from what changes in its strategy. The context demanded operational excellence.

Welch 8

Welch Six Sigma Agility Operations 8

Harvard Business Review

NOVEMBER 22, 2017

For every company wrestling with evolutions in its strategy, success depends as much on matching the operating model to those evolutions as it does on the soundness of the strategy itself. But exactly how do today’s companies create or update an operating model to match adaptations or wholesale changes in strategy?

Strategy 8

Strategy Company Banking Apparel 8

Harvard Business Review

JULY 17, 2013

Be strategic and operational. High-performing IT organizations appoint executives to sit at the intersection of business areas and the IT function, helping business leaders to shape their IT strategies and marshaling a technology team to deliver against that demand. Stay secure and boost innovation. Reach beyond IT.

CIO 10

CIO Technology Storytelling Short-term 10

Harvard Business Review

DECEMBER 13, 2016

Although we had been a market leader for many years, our new products had been launched several months later than the competition — in fact, our time to market had doubled over the previous three years. Capacity, not strategy, was determining which projects launched and when. If not, it stalled or was killed.

Project 8

Project How To Objective Efficiency 8

Lead Change Blog

JUNE 25, 2020

With a similar theme, Michael Harris and Bill Taylor’s Harvard Business Review article, “ Don’t Let Metrics Undermine Your Business ” said, “A company can easily lose sight of its strategy and instead focus strictly on the metrics that are meant to represent it.” . Logic tells us we can manage cause, but only measure effect.

P&L 220

P&L ROE Metrics CFO 220

Harvard Business Review

MARCH 27, 2014

Procurement teams are often disconnected from the functions they serve and the markets they engage. Or does it focus on customer service and helping the business achieve its strategy? If procurement is operating effectively, suppliers should be beating down the door to get their goods and services sold into to the organization.

Budgeting 10

Budgeting Objective Cost Globalization 10

Harvard Business Review

JULY 28, 2015

Marketers tend to like big, bold actions that grab attention and spew off metrics. To market a product or an idea, you have to change minds, and that takes time and a lot of careful work. The arc of history is long—the length of a career, rather than a marketing campaign. Great brands operate the same way.

Brand 8

Brand Marketing Sharpe Learning-by-Doing 8

Harvard Business Review

JULY 25, 2016

It outlined Tesla’s automotive strategy and it has been pretty much followed to the letter. The second installment moves Tesla beyond the traditional car market, with a plan to reconfigure our cities, energy systems, and our impact on the environment. The first installment had been written in 2006.

Strategy 8

Strategy Automotive Mass Marketing Business Model 8

Harvard Business Review

MAY 6, 2013

Define Your Strategy. CIOs need to develop an affirmative IT strategy that begins by identifying old behaviors to give up, new behaviors to adopt, and remaining behaviors to do differently. It has to come before technology innovation, product innovation, operational innovation, and all the other areas where we eventually must innovate.

CIO 9

CIO Hamel Technology Tactics 9

Harvard Business Review

OCTOBER 10, 2018

Capitec gets many things right in terms of its strategy, including its market positioning, internal operations, and organizational culture. Moreover, in advance, you can never be entirely sure that your original market choices will play out and will generate sufficient income by themselves. Resisting revenue temptations.

Banking 8

Banking Industry Bottom-up Resistance 8

Harvard Business Review

DECEMBER 22, 2015

In an ongoing global survey of senior executives , more than half of the respondents said they didn’t think their company had a winning strategy, and two-thirds said they didn’t think their organization had the right capabilities to execute its strategy. Operating as these companies do takes a lot of confidence.

Execution 8

Execution Strategy Fashion Apparel 8