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What Tomorrow's Leaders Are Learning in Africa Right Now

Harvard Business Review

August 2011 HBR. While it may not be intuitive to global readers, I see many similarities between Samsung's transformation from local leader in Korea to major player on the world stage and our own journey in building the United Bank for Africa into a group that operates in 20 countries and on three continents.

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Why Some of the Most Groundbreaking Technologies Are a Bad Fit for the Silicon Valley Funding Model

Harvard Business Review

Corporate executives seek to inject “Silicon Valley DNA” into their cultures, and policy makers point to venture-funded entrepreneurship as a solution for all manner of problems. The early success of the model led to a process that was somewhat self-perpetuating. This is a dangerous mindset.

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Groupon Doomed by Too Much of a Good Thing

Harvard Business Review

This is the essence of Groupon's declaration last week that it will remove the controversial accounting metric called Adjusted Consolidated Segment Operating Income (ACSOI) from its financial statements. In the first quarter of 2011, Groupon posted a net loss of $113.9 In fact, we are really losing a lot of money.".

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What Zipcar Can Teach the S&P 500

Harvard Business Review

Unfortunately, Microsoft tied its tablet concepts to its Windows operating system and made them merely pen-enabled personal computers, so these products remained a tiny niche of the computing industry. Venture funds create a basic thesis about what industries will grow, and then they place a lot of inexpensive bets and give start-ups leeway.

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Midsized Firms Can’t Afford Bad Bets

Harvard Business Review

This particular toy importer violated every one of the rules that govern the success of a midsize company’s strategic initiative: It gave an unproven team an unrealistic budget and asked it to do a highly technical, risky, but mission-critical job without strong external partners or a proven implementation process. Their ability to execute.

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What BMW’s Corporate VC Offers That Regular Investors Can’t

Harvard Business Review

In fact, in 2011 BMW had also founded a corporate venture capital (CVC) unit, called BMW iVentures, but it exclusively invested in service startups. Finally, corporate VCs are unable to pitch the promise of a self-fulfilling prophecy the way successful private VCs can. A New Name and a Unique Brand Identity.