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Old Management Systems Stifle New Business Models

Harvard Business Review

That’s because even after they determine the right ways to use information to delight their customers, managers must address one equally important challenge. They must update decades-old management systems so they can embrace new digital opportunities. Where we land is firmly in the face of a management paradox.

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Joint Ventures Reduce the Risk of Major Capital Investments

Harvard Business Review

Two companies transfer selected similar assets into a joint venture in order to support the orderly management of capacity in their industry and reduce the risk of prices spiraling downward. For example, in 2012, Intel, TSMC, and Samsung — three large semiconductor manufacturers based in the U.S., Dual asymmetrical joint venture.