Remove 2004 Remove Core Competence Remove Development Remove Innovation
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A Closed-Loop Strategy Execution System

Six Disciplines

By management system, they're referring to the integrated set of processes and tools that a company uses to develop its strategy, translate it into operational actions, and monitor and improve the effectiveness of both. Plan Operations: improve key processes; develop sales plan; plan resource capacity; prepare budgets. Discipline I.

System 98
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A Closed-Loop Strategy Execution System

Six Disciplines

By management system, they're referring to the integrated set of processes and tools that a company uses to develop its strategy, translate it into operational actions, and monitor and improve the effectiveness of both. Plan Operations: improve key processes; develop sales plan; plan resource capacity; prepare budgets. Discipline I.

System 85
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Compete on Know-Why, Not Know-How

Harvard Business Review

They get stuck making incremental improvements that are rooted in existing competencies, markets, and business models. This is especially problematic when companies decide to innovate. If they can't replicate the thinking driving your innovations, they'll be doomed to "me too" status. Forward-looking.

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Three Cases of Better Corporate Philanthropy

Harvard Business Review

As Nike's Senior Portfolio Manager Adam Day says, "The global development sector had overlooked the enormous potential of investing in adolescent girls to reduce global poverty. The Nike Foundation also leans on its expertise in innovation and scale to find solutions to poverty, while keeping its operations separate from the business.

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How the Best Restaurants in the World Balance Innovation and Consistency

Harvard Business Review

And they face an even greater challenge: maintaining flawless consistency, while simultaneously being innovative and cutting-edge. In 1990 they gained a second Michelin Star, and in 1994, they became the first high-end restaurant to invest in a development team and a lab.