Remove 2011 Remove Development Remove Engineering Remove Offshoring
article thumbnail

Oil’s Boom-and-Bust Cycle May Be Over. Here’s Why

Harvard Business Review

Unlike national oil companies and oil majors that typically take five to 10 years to develop conventional oil reserves, these independent and “unconventional” players have improved their drilling and fracturing technology to the point where they can respond within months to temporary spikes or dips in the market. The soaring U.S.

article thumbnail

Community Financing Breathes Life into a New U.S. Manufacturing Firm

Harvard Business Review

Trouble is, two recessions in 10 years have cut the capital fuel supply to the tech-company-creation engine. By 2011 , only three out of the top 10 industries that received 90% of PE funding were industries that tended to build products in the United States. based labor. The result has been the loss of millions of U.S.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Insourcing at GE: The Real Story

Harvard Business Review

In the early 2000s, as part of a huge offshoring trend in the business economy, GE shifted manufacturing to suppliers such as Samsung and LG. We can have engineering work more closely with production. GE needed to reduce new product development cycles from 3-4 years to 1-1.5 The development team was extremely cohesive.

article thumbnail

The Global Banking Leaders of the Future

Harvard Business Review

The result is a chasm of opportunity — a vacuum ready to be filled by banks from both the emerging and developed worlds. Even amidst the euro crisis, the World Bank (PDF) expects developing economies to grow at a rate nearly four times that of the developed world over the next year. Filling the Gap.

article thumbnail

Looking for Jobs in All the Wrong Places: Memo to the President

Harvard Business Review

Here, too, start-ups are the driving engine of our nation's global innovation leadership. Without those patents and the funding they attract, few start-ups can afford to hire the people they need to develop their new products, services and medical treatments for the public. million patent applications waiting for review.