Strategy Driven

MARCH 28, 2014

International Harvester changed its name to Navistar International in 1986 when it sold its farm equipment business and entered the truck, diesel engine, and bus markets. The Miller heritage could not be lost, particularly because his founding products were innovative for their time. No wonder there’s a smile on the box.

Brand 60

Brand Marketing Engineering Competitive Advantage 60

Harvard Business Review

MARCH 2, 2018

The healthcare industry has long relied on traditional, linear models of innovation – basic and applied research followed by development and commercialization. An alternative emerging at healthcare institutions worldwide is human-centered design and co-creation, a set of approaches that can accelerate and humanize healthcare innovation.

Health Care 8

Health Care Innovation Mayo Stage-Gate 8

Harvard Business Review

JUNE 20, 2016

Within an enterprise, this means balancing the demands of current operations while laying the groundwork for future opportunities, as well as reviewing past activities and policies that may be holding back your organization. Continuously reinventing your organization doesn’t mean you have to start from scratch with each new innovation.

Innovation 8

Innovation Company Engineering Technology 8

Deming Institute

JANUARY 5, 2017

I don’t think I learned anything about Deming or his work as an undergraduate Industrial Engineering student from 1991 to 1995. I was fortunate that my father had an opportunity to be a student in the famed four-day seminar, while working as an engineer at the Cadillac division of General Motors, in the late 1980s. Edwards Deming.

Deming 46

Deming TQM Kaizen Crisis 46

Deming Institute

JANUARY 16, 2017

As I wrote about in my first post , my first job out of college was at the GM Livonia Engine Plant, outside of Detroit. Mark also co-authored Healthcare Kaizen: Engaging Front-Line Staff in Sustainable Continuous Improvements, which was released in June 2012 and also a Shingo Research Award recipient in 2013. Guest post by Mark Graban.

Kaizen 28

Kaizen Deming Lean Manufacturing Handbook 28

Harvard Business Review

MARCH 31, 2015

These stock buybacks have come under criticism as a bad investment – the argument being that companies sitting on record amounts of cash ought to invest in innovation, salaries, or at least dividends, rather than pumping up their own stock price through buybacks. That exceeds its operating income of $52.5 billion by more than 7%.

Innovation 8

Innovation Short-term Long-term Budgeting 8

Harvard Business Review

AUGUST 20, 2014

Staying true to its roots as an engineering-centric company, Google has stood out both for its early skepticism of the value of managers as well as for its novel, often quantitative approaches to management decisions. If you only read one piece, make it this one by David Garvin in 2013 , on how Google sold its engineers on management.

IPO 14

IPO Management Engineering Innovation 14

Harvard Business Review

SEPTEMBER 6, 2017

The strategic underpinnings of most companies’ workforce plans should change dramatically as a result of technological innovation. Digital transformation, the industrial internet, advanced analytics, artificial intelligence, robotics, machine learning, and a plethora of other innovations are fundamentally changing the nature of work.

Company 9

Company Insurance Engineering Software 9

Harvard Business Review

OCTOBER 13, 2015

.” Before long, Lane left GE to join medical device firm Medtronic and within months he was leading the engineering team commercializing an “adaptive cruise control” system to partially automate insulin delivery. Of course, organizations with big R&D budgets must comply with standards and operating practices.

Innovation 8

Innovation Company Business Model System 8

Harvard Business Review

DECEMBER 17, 2014

How much does your company need to invest in innovation? That might be three to five years in a relatively fast-moving business like media, but 20 years for aircrafts or jet engines. Business models that can prosper at structurally lower price points are the engines that power true market disruption.

Innovation 8

Innovation Company Venture Capitalist Business Model 8

Harvard Business Review

JANUARY 13, 2016

Without knowing their place in Indian life, an outsider might take one look at their loud engines and open sides and suggest that rickshaws should be replaced with modern vehicles that are faster, bigger, and more comfortable. Innovation in Cities. Most technological innovation is geared toward the planet’s richer populations.

Transportation 8

Transportation Technology Price Innovation 8

Harvard Business Review

JANUARY 20, 2015

Business model innovation is hard. There is another way to make money from business model innovation. To many people, this kind of change doesn’t feel like it’s real business model innovation. For over a century, General Electric has had a focus on product innovation as a key driver of growth. Why is that?

Business Model 8

Business Model Insurance Technology Audience 8

Harvard Business Review

JANUARY 20, 2015

In the past, an abundant and growing labor pool was a powerful engine of the world economy; today, the number of workers is starting to decline in many countries. a year between 1964 and 2012 to only 2.1% In the near term, improving operations and procurement is the most promising lever for higher productivity. We disagree.

Globalization 8

Globalization Productivity Products GDP 8

Harvard Business Review

MARCH 10, 2016

” In other words, today’s innovators don’t “go global”—globality is baked into their origins. Innovation isn’t merely outsourced to low-cost providers, it’s globally networked between peers and partners. from 2012 to 2014. For Silicon Valley, however, that proportion rises to 45%.

Globalization 8

Globalization Entrepreneur Innovation Software 8

Harvard Business Review

JANUARY 29, 2015

As Marco Annunziata , Chief Economist at GE, told me, “We’re no longer selling customers just a jet engine, a locomotive, or a wind turbine; we’re bringing data and actionable solutions along with the hardware to reduce costs and improve performance.” By June of 2012 we were close to 100.

Software 8

Software Six Sigma Insourcing P&L 8

Harvard Business Review

SEPTEMBER 6, 2016

When a private equity firm adds a new company to its portfolio, analysts rigorously size up its financial, operational, and competitive condition. What’s more, the demand for rapid growth often comes with a push from investors to enter new markets or ramp up product innovation. In fact, management consultancy Bain & Co.

CEO 8

CEO Company Due Diligence Engineering 8

Harvard Business Review

NOVEMBER 3, 2016

nearly 6 million entry-level jobs will be created from 2012 to 2022, according to the Bureau of Labor Statistics. It teaches young people the dress, demeanor, and collaboration skills expected in a professional setting as well as the technical skills for careers in IT, operations, finance, sales and marketing, or customer service.

Organization 8

Organization Chief Operating Officer Education Software 8

Harvard Business Review

JANUARY 17, 2012

2012 has not gotten off to a great start for Eastman Kodak. The engineer behind that project, Steve Sasson, offered a memorable one-liner to the New York Times in 2008 when he said management's reaction to his prototype was, "That's cute — but don't tell anyone about it.". .* Kodak wasn't blind to this shift.

Gilbert 15

Gilbert Film Incubator Business Model 15

Harvard Business Review

MAY 11, 2015

How could an advanced country, once the model for the world’s most modern transportation innovations, slip so badly? Those trains routinely operate at speeds of 150 to 200 miles per hour, and in 2012, the average deviation from schedule was a miniscule 36 seconds. Cross-sector innovation is also promising.

Transportation 8

Transportation Innovation CEO Training 8

Harvard Business Review

JANUARY 11, 2013

In 2012 the world's problems grew more complex, but America's top 400 charities saw very little growth in their resources to address them. When presented with a surprising idea, smart organizations will bravely listen, because what comes next might just be game-changing innovation.

Microfinance 8

Microfinance Rogers Tourism Engineering 8

Harvard Business Review

APRIL 3, 2014

The country’s rapid economic growth and protective regulatory environment have enabled some start-ups to become world-beaters by combining government connections, low-cost engineering talent, aggressive innovation — and a global vision. Tencent enjoys the advantages of a giant social network as well as a history of innovation.

Norton 8

Norton Globalization Price Airlines 8

Harvard Business Review

JULY 15, 2016

The company filed for bankruptcy protection in 2012, exited legacy businesses and sold off its patents before re-emerging as a sharply smaller company in 2013. After all, the first prototype of a digital camera was created in 1975 by Steve Sasson, an engineer working for … Kodak. But that doesn’t square with reality.

Technology 8

Technology Film Gilbert Business Model 8

Harvard Business Review

SEPTEMBER 15, 2011

Challenge , asking how could technology inform and enable management innovation. There is so much to learn, borrow, and build upon in these winning entries when it comes to how we can use the principles, and tools of the Web to make our organizations more adaptable, innovative, inspiring, and accountable. But don't take it from me.

Management 11

Management McKinsey Letter Retail 11

Harvard Business Review

OCTOBER 2, 2013

Today’s model is using African diasporas where companies hire native Africans living abroad and then send them to the continent to expand their operations. With Facebook’s $115 billion market cap on its IPO day, Mark Zuckerberg created wealth nearly equivalent to half of Nigeria’s GDP in 2012. Education drives technology.

Education 8

Education Technology IPO GDP 8

Harvard Business Review

APRIL 7, 2016

The geofilters combined amusing visuals and messages with the web address of Snapchat’s job page, all in the hope that a Twitter engineer taking a quick Snapchat break might come across the targeted “Fly Higher!” Following are three such innovative approaches for connecting with top talent. 1 form of self-expression.”

Marketing 8

Marketing Strategy Hammer Media 8

Harvard Business Review

JANUARY 22, 2015

million subscribers, not far off our 2012 prediction that there were at least 40 million U.S. And consumers could be confident that Netflix, with its recommendations engine, could reliably meet that demand. This allows you to better manage operating and capital expenses. Netflix just announced its best quarter ever.

Business Model 8

Business Model Loyalty Brand Price 8

Harvard Business Review

NOVEMBER 11, 2013

It includes five health system engineers, five administrative staff, and 15 physicians representing multiple specialities as well as Mayo Clinic sites in Minnesota, Arizona, Florida, Iowa, Wisconsin, and Georgia. Follow the Leading Health Care Innovation insight center on Twitter @HBRhealth. Leading Health Care Innovation.

Quality 8

Quality Mayo System Six Sigma 8

Harvard Business Review

OCTOBER 18, 2013

Nonetheless, between 2012 and mid-2103, Banner has captured nearly $70 million in savings, and by 2017, the savings will contribute $256 million annually to its bottom line. By the end of 2012, the first year of implementation, Banner captured $31 million in G&A savings. . Leading Health Care Innovation.

Cost 8

Cost Health Care Six Sigma Insourcing 8

Harvard Business Review

OCTOBER 24, 2012

Recent headlines have been foreboding, highlighting concerns that the retrenchment could leave the most promising engines of global economic growth sputtering. And yet three months later the same report showed a reversal: cross-border lending to emerging economies in the first quarter of 2012 increased by $86 billion. Filling the Gap.

Banking 8

Banking Globalization Offshoring Maturity 8

Harvard Business Review

OCTOBER 14, 2014

One of Buffer’s practices is to default to transparency — it is relentlessly forthcoming about its operations, its learning, and its performance. Etsy, the online marketplace for handmade and vintage goods, uses similarly generative practices in its day-to-day engineering work. Last year, these practices led to 1.3

Company 8

Company Business Model Workshop Metrics 8

Harvard Business Review

MARCH 26, 2013

While there's no minimizing this complex dynamic, a new research report to be released next week from the Center for Talent Innovation reveals surprising news: India's women professionals are realizing their career ambitions remarkably well. That the story is so markedly different in India is due to the economic dynamo that women help power.

Career 8

Career Maturity Survey Education 8

Harvard Business Review

MARCH 8, 2012

Further, we'll see a roll-out of 4G wireless services across the country in 2012. Consumer demand for innovative digital services, when executed ably, seems unquenchable; and that demand is stimulating capital flows. Government and the private sector have spent something like $55 billion on related infrastructure.

Venture Capitalist 12

Venture Capitalist Entrepreneur Conference Wireless 12

Harvard Business Review

SEPTEMBER 3, 2013

But I''ve just finished work on a new book with Paul Nunes on the new age of disruptive innovation (based on our March 2013 HBR article, " Big Bang Disruption "). Operations Research Strategy' As for sudden, it did feel so to me. I haven''t actually seen Prof. Coase since I moved from Chicago ten years ago.

Cost 8

Cost Open-book Disruptive Innovation Conference 8

Harvard Business Review

JUNE 20, 2014

When Deborah DiSanzo took over as CEO of Philips Healthcare in May 2012, she knew that engineering would continue to drive innovation. That process incorporates operations, customer service, R&D, clinical specialists, sales, supply chain operators, and service teams. Who should lead our transformation?

CEO 8

CEO Marketing Hotels Long-term 8

Harvard Business Review

JUNE 1, 2016

Each of these companies, in its own way, is a superior innovator. The company is, of course, a massive enterprise, with $75 billion in revenues, over 60,000 employees, and a dizzying array of products, from the core search business to the android operating system to nascent businesses like autonomous cars. Innovating the core.

Innovation 8

Innovation Incubator Learning-by-Doing Engineering 8

Harvard Business Review

OCTOBER 10, 2017

Fifty-eight percent of patients referred to Virginia Mason, our medical center in Seattle, for back surgery would be more appropriately treated without an operation. In the language of systems engineering, the transaction is “mistake-proofed.” Electronic medical records can help correct these systemic defects.

Health Care 8

Health Care Innovation Creativity Guidelines 8

Harvard Business Review

APRIL 1, 2013

Ferose's mandate was to reduce employee turnover to below 10% by 2012. This belief led Ferose to overhaul SAP Labs India's hierarchical, 'top-heavy' corporate culture, allowing bottom-up creativity and innovation to blossom. In particular, Ferose empowered his 4,000 employees to experiment with bold new ideas during their work time.

Innovation 8

Innovation Attrition Software Globalization 8