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Leadership Infrastructure – A Prerequisite To Mightiness

Tanveer Naseer

The CEO will become less of a doer and innovator and more of a leader of leaders. But in October 2004, private equity firm Behrman Capital bought out the founder for $200 million. In August 2006, Lyndon Faulkner came on board to lead the company. Taking Another Look at the Leadership Pyramid.

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Frugal Innovation: Lessons from Carlos Ghosn, CEO, Renault-Nissan

Harvard Business Review

Carlos Ghosn, Chairman and CEO of the Renault-Nissan Alliance, famously coined the term "frugal engineering" in 2006. He was impressed by Indian engineers' ability to innovate cost-effectively and quickly under severe resource constraints. For example, in 2004, Renault launched Logan, a small, no-frills family car.

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When First Movers Are Rewarded, and When They’re Not

Harvard Business Review

Product pioneers face more risk, but can reap big rewards when an innovation proves successful. Research I conducted together with John Joseph of Duke University shows that both approaches can be successful — what matters most is not simply timing but whether a company tailors its innovation strategy to whichever approach it adopts.

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New Ways to Collaborate for Process Improvement

Harvard Business Review

IBM has accelerated collaboration with " innovation jams " that engage everyone in identifying opportunities. In a two-part event, employees in WorldJam 2004 first brainstormed solutions to increase growth and innovation, resulting in 191 pragmatic ideas. A year later, IBM used a jam to bring its new values to life.

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Building a Culture of Transparency in Health Care

Harvard Business Review

Providers are often hesitant to disclose mistakes to their patients even though a 2006 study in the Journal of General Internal Medicine concluded that full disclosure is associated with a lower likelihood of changing physicians, higher satisfaction, and greater trust. The result is a safer environment for patients and staff.

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The Comprehensive Business Case for Sustainability

Harvard Business Review

Coca-Cola, for example, faced a water shortage in India that forced it to shut down one of its plants in 2004. Fostering innovation. Investing in sustainability is not only a risk management tool; it can also drive innovation. billion in mining projects since 2010. Improving Financial Performance.

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The Market Wants Apple to Unveil a Time Machine

Harvard Business Review

No advertising innovation: The "I'm a Mac/"I'm a PC" campaign ran for three and a half years without a refresh. In 2004, Apple's CFO, Fred Anderson, left the company. Apple's General Counsel, Nancy Regina Heinen, left in 2006. (In Volatile stock: In 2008, under Jobs, the stock price dropped by more than 50%.