Remove 2011 Remove Chemicals Remove Innovation Remove Management
article thumbnail

India Remakes Global Innovation

Harvard Business Review

In 2008, Dr Reddy's acquired Chirotech, Dow Chemical's R&D unit, for $32 million, and in April 2011 relocated it to a new 33,000 sq. Besides Dr Reddy's, several leading Indian firms are pioneering polycentric innovation: Tata Motors. Polycentric innovation won't work in organizations that promote groupthink.

article thumbnail

What Businesses Need to Know About Sustainable Development Goals

Harvard Business Review

Since 2011, as emerging markets have suffered from slower growth and fresh social unrest, that $30 trillion prize seems more distant. But innovating for sustainable development is actually quite close to the processes of “traditional” innovation. But awareness of the challenges is the first step toward managing them.

Goal 8
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Leading in a World of Resource Constraints and Extreme Weather

Harvard Business Review

McKinsey, for example, recently outlined the “new organizational capabilities” that chemical companies should develop to deal with frequent oil price shocks. The advice boils down to building better strategic foresight and creating more agile management and operations. Insight Center. The Future of Operations.

article thumbnail

The Comprehensive Business Case for Sustainability

Harvard Business Review

These require sophisticated, sustainability-based management. ” Improving risk management. Managing risks therefore requires making investment decisions today for longer-term capacity building and developing adaptive strategies. Fostering innovation. billion in mining projects since 2010.

article thumbnail

Top 10 Green Business Stories of 2011

Harvard Business Review

These drivers underpin a number of stories from 2011, but a few new themes came out as well. Coca-Cola was not alone in facing increasing costs in 2011; one of my clients, Kimberly-Clark, took an earnings hit from record pulp prices. The best analysis of the resource scarcity mega-trend came from asset manager Jeremy Grantham.

article thumbnail

What See-Through Pants Can Reveal About a Company's Weaknesses

Harvard Business Review

Except when it''s not, which is becoming increasingly common — see the sheer pants crisis , the abrupt resignation of a CEO , a poorly-received job ad to replace said CEO, and a bit of media heat over a 2011 murder that occurred in a Bethesda store. Crisis management'

article thumbnail

Is Your Business Biased Against Innovation?

Strategy Driven

Many people do not typically think of metrics and accounting as roadblocks to innovation, yet you call these out as potential problem areas. Yet for the small handful of companies that have managed to drive growth consistently – even through tough times – the payoff is great. Net present value [NPV] is a case in point.