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Management Innovations Only Work When No One Else Is Doing Them

The Horizons Tracker

“When you have a secret sauce and nobody else knows about it, you have a competitive advantage. ” Management innovation. By 2002 it was catching on and three teams had adopted it, but by 2013, a whopping 75% had done so. . “It’s like having a secret sauce,” the author explains.

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The New Economic Revolution

Strategy Driven

Enterprises with over 1000 employees lost over 1 million employees between 2002 and 2012 while enterprises with less than 25 people gained over a 1.5 EVALUATE how StrategyDriven gives you a competitive advantage. Innovation API Bill Clerico crowdfunding e-commerce fraud protection platform businesses strategydriven'

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Developing Global Leaders Is America's Competitive Advantage

Harvard Business Review

American companies and academic institutions possess unique competitive advantages in developing these global leaders. to take advantage of America's talented leaders. In 2002 Novartis relocated its research headquarters from Switzerland to Boston and hired Harvard Cardiologist Mark Fishman as its leader.

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Innovation Isn't Tied to Size, but to Operating Rules

Harvard Business Review

Plenty of people — including here on Harvard's blog — espouse the theory that big companies can't innovate. A look at any performance measure shows that innovation can come from either size, and that both arguments are oversimplifications. And the CEO sees enabling a culture of collaborative innovation as key.

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The Pace of Technology Adoption is Speeding Up

Harvard Business Review

As you can see from the chart, innovations introduced more recently are being adopted more quickly. By analogy, firms with competitive advantages in those areas will need to move faster to capture those opportunities that present themselves. Innovation Strategy'

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Sometimes Cutting R&D Spending Can Yield More Innovation

Harvard Business Review

billion from 2002 through 2004. This may sound as though we’ve got our facts backward, but your company can significantly increase its knowledge output by cutting R&D spending. It’s all a matter of when you cut your spending, and why. Take Cisco, for example. The company’s R&D expenditures dropped by about $1.5

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The Big Picture of Business – Achieving the Best by Preparing for the Worst: Lessons Learned from High-Profile Crises, part 2 of 4

Strategy Driven

K-Mart closed 617 of its under-performing department stores and filed for Chapter 11 bankruptcy reorganization in 2002. Resulting from inflexible conditions, obsolete policies-procedures, procrastination, attitude, resistance to innovation, failure to change. EVALUATE how StrategyDriven gives you a competitive advantage.

Crisis 59