Skip Prichard

JULY 22, 2019

Whether you have invented an amazing new technology or product, you could still fail. Ultimately, Edison’s commercial victories over Tesla were due not to the superior quality of Edison’s ideas but to differences in the men’s innovation capital. Innovation Capital. A great idea may not be enough to build a great business. Elon Musk.

Innovation 83

Innovation Social Capital Reputation How To 83

Harvard Business Review

JULY 15, 2016

Today, the term increasingly serves as a corporate bogeyman that warns executives of the need to stand up and respond when disruptive developments encroach on their market. 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.

Technology 8

Technology Film Gilbert Business Model 8

Strategy Driven

DECEMBER 20, 2013

While workplaces are swiftly becoming more and more advanced in cloud computing, using social media for marketing purposes, and generally becoming au fait with modern technology, there is one area which is sadly lacking when it comes to technological advancement. Quality Pre-Screening. Consider leaving a comment!

Succession 64

Succession Talent Management Software Human Resources 64

Harvard Business Review

DECEMBER 12, 2012

It's that time of year again — time to take a stab at what's going to matter in the year ahead as technology continues to influence how we work and live. In no particular order, here are six social-digital trends to watch in 2013: The Content Economy Content may become your company's most valuable asset in 2013.

Trends 8

Trends Content Technology Follow-up 8

Great Leadership By Dan

SEPTEMBER 15, 2011

Your upcoming leaders will need to understand how to do business internationally – international laws and regulations for doing business in various countries, cultural differences, the ability to gauge the market overseas including identifying market for product or services and the competition, developing overseas offices, leading virtually, etc.

Case Study 228

Case Study Training Development Leadership 228

Strategy Driven

NOVEMBER 7, 2013

The last decade ushered in an economic meltdown and technological breakthroughs that have forever changed the business world as we knew it. Ohno’s inventions became the foundation of the quality movement that swept the world starting in the 1970s and ’80s and evolved into what is today known as the Toyota Production System.

Ohno 50

Ohno Productivity Products Six Sigma 50

Harvard Business Review

FEBRUARY 12, 2016

In 1933, General Motors President and CEO Alfred Sloan established the automobile industry’s first full-time consumer research department under the direction of Henry “Buck” Weaver, a pioneer in market-based decision making. How technology is changing the way we work. But where and how do you start? Insight Center.

Media 8

Media Automotive Globalization Active Listening 8

Harvard Business Review

MARCH 9, 2018

Ford invested heavily in digital initiatives only to see its stock price lag due to cost and quality issues elsewhere in the company. We think there’s something more here than executive over-exuberance or slowing markets. It is multi-faceted and diffuse, and doesn’t just involve technology.

Technology 8

Technology Business Model CEO Marketing 8

Harvard Business Review

MARCH 11, 2015

government sold off all of its GM holdings in December 2013, U.S. billion from 2010 through 2013), it would probably still be bankrupt but for the booming Chinese market. In 2013 GM produced 3 million cars in China , or 45% of its global car production; that was up from 1.1 billion by the U.S. By the time the U.S.

Hedge 8

Hedge Company Automotive Restructuring 8

Harvard Business Review

AUGUST 28, 2014

Some old technologies, after being rendered obsolete by better and cheaper alternatives (indeed even after whole industries based on them have been decimated), manage to “re-emerge” to the point that they sustain healthy businesses. No doubt you are aware of the explosion of the market – some call it a movement – in handcrafted products.

Disruptive Innovation 8

Disruptive Innovation Supply Chain Technology Parcell 8

Harvard Business Review

FEBRUARY 5, 2018

The performance benefits for companies are compelling and not just (or even mainly) in terms of reducing labor costs: automation can also bring whole new business models, and improvements that go beyond human capabilities, such as increasing throughput and quality and raising the speed of responses in a variety of industries.

GDP 8

GDP Globalization Short-term McKinsey 8

Harvard Business Review

OCTOBER 8, 2015

The network effect, which describes how services and technologies become more valuable as more people use them, has driven the success of many internet companies. The advertising guru David Jones dubbed this mixing of branding and technology as “brandtech.” They leverage technology in innovative ways.

Brand 8

Brand Apparel Software Content 8

Harvard Business Review

MAY 23, 2018

We investigated this topic when we studied how Nokia executives dealt with the company’s severe strategic challenges between 2007 and 2013. Recall that Nokia dominated the mobile and smartphone markets in 2007-2008 when Apple launched the iPhone and Google the Android operating system.

Strategy 8

Strategy Analysis Operations CFO 8

Harvard Business Review

DECEMBER 6, 2016

Startups and major tech companies, notably Alphabet’s Google X division , are investing heavily in smart car technology, as are network ride-sharing companies such as Uber and Lyft. “Self-driving” or “smart” cars will simply become whatever we call the next generation of transportation technology.

Transportation 8

Transportation Technology Software Supply Chain 8

Harvard Business Review

AUGUST 17, 2017

Meanwhile, new technologies are making it easier for sustainability investments to pay off in the middle to long term. A similar phenomenon happened in the 1980s, when quality became a significant issue for manufacturers. Many of them responded by including quality metrics in their compensation incentives.

Execution 9

Execution Metrics Long-term Incentives 9

Harvard Business Review

FEBRUARY 19, 2015

By year’s end, the seven biggest emerging markets were larger than the G7 , in purchasing power parity terms. Far from Silicon Valley, Shanghai, or Singapore, a German company, Rocket Internet, has been busy launching e-commerce start-ups across a wide range of emerging and frontier markets.

Constraint 8

Constraint Marketing Innovation Uncertainty 8

Harvard Business Review

OCTOBER 22, 2014

While these enablers make the IoT possible, its long-term success depends on the use cases that help realize the economic potential of connecting billions of devices, either to improve quality of life or save money. Information & technology Internet' Samsung expects the bulk of this opportunity to be driven by the U.S.,

Early Adopters 9

Early Adopters Information Technology Long-term Industry 9

Harvard Business Review

MAY 10, 2018

From targeted online advertising to more precise recommendation engines, consumer markets are bursting with innovation around machine learning and advanced analytics. Data-Driven Marketing. The service offers the possibility of enhancing an engineer’s marketability and growth and development. Marcus Winther/Getty Images.

B2B 8

B2B Chemicals Venture Funding Engineering 8

Harvard Business Review

OCTOBER 21, 2016

Today’s executives are dealing with a complex and unprecedented brew of social, environmental, market, and technological trends. As the 24 th biggest industrial consumer of water, Coca Cola has now invested $2 billion to reduce water use and improve water quality in the communities in which it operates.

Supply Chain 8

Supply Chain Price Loyalty Efficiency 8

Harvard Business Review

NOVEMBER 30, 2017

In fact, MGI analysis of financial data shows that large publicly traded US manufacturing firms, most of them multinationals with revenues greater than $500 million, averaged returns on invested capital of 22% from 1997 to 2013. It’s clear why pain in the domestic supplier base matters from a policy perspective.

Supply Chain 8

Supply Chain McKinsey Incentives Bottom-up 8

Harvard Business Review

NOVEMBER 21, 2013

On November 15, 2013, China announced dramatic new social and economic policies contemplating much greater reliance on market forces than it has in the past and inviting private-sector participation and foreign competition in industries long previously controlled by the central government. China will grow faster in 2014 than in 2013.

Policies 8

Policies Class Health Care Globalization 8

Harvard Business Review

JANUARY 3, 2013

True, they pioneered the creative use of technology to open up flexible new ways of renting a car. Reputation systems and active supplier screening maintain quality, and the need for insurance keeps customers from bypassing the marketplaces. Sadly, the Zipcar culture may not survive the merger.

Disaggregation 8

Disaggregation Hammer Mass Marketing Gordon 8

Harvard Business Review

OCTOBER 1, 2013

The new health insurance market places—the exchanges set up under Obamacare—have become the hot health policy topic. Liberals believe that market pressures, by themselves, will be too weak to prevent hospitals, doctors, and other providers from sustaining what economists call ‘rent seeking’ activities. Will they work or won’t they?

Insurance 8

Insurance Goal Health Care Long-term 8

Harvard Business Review

OCTOBER 13, 2015

All will claim to reduce costs and improve quality. In order to accomplish this, proposals will largely focus on what is termed “wasteful spending” in health care, spending not associated with improved quality that, by some estimates , accounts for over one-fourth of total health care spending. Insight Center.

Health Care 8

Health Care Insurance Price Cost 8

Harvard Business Review

SEPTEMBER 14, 2015

There was a heartening rally between 1996 and 2004, when growth returned to its 1950s/1960s levels of 3% — a performance almost universally attributed to the efficiency gains from information technology. decline on the back of a flat 2013 and +0.7% markets was to systematically reduce prevailing price levels.

Productivity 8

Productivity Products Price Globalization 8

Harvard Business Review

JUNE 16, 2016

Our research and client engagement experience has shown us that generating strong returns from the digital sensors, wireless communications devices, digital cameras installed in buildings and other smart, connected devices does not come down to writing big checks or being technologically savvy. Insight Center. Operations in a Connected World.

Productivity 8

Productivity Products Wireless Technology 8

Harvard Business Review

JANUARY 20, 2016

In the summer of 2013, Rolling Stone published a long article titled “Goodbye, Miami,” which claimed that climate change will submerge much of the titular city. Competition in forming accurate forecasts will incentivize such firms to design high-quality, useful forecasts. cities to adapt.

Real Estate 8

Real Estate Parcell Incentives Human Capital 8

Harvard Business Review

NOVEMBER 6, 2013

Drawing on lessons from the auto industry, banking and beyond, he offered provocative prescriptions for coping in a world in which “the real challenge is to decide what you are doing” in the face of tremendous “technological change or market change.”. But, as was his wont, Drucker didn’t just provide answers.

Drucker 8

Drucker Bottom-up Rogers Uncertainty 8

Harvard Business Review

JANUARY 29, 2015

Though technology would have allowed for a significantly virtual enterprise, it was important to Ruh to have a physical building where people could actually be located together. We were a startup, and like a startup, we grabbed quality people, were hands on, and wore many hats. And the market for software talent was hot hot hot.

Software 8

Software Six Sigma Insourcing P&L 8

Harvard Business Review

AUGUST 5, 2014

Instead, the last few years have seen a proliferation of C-suite titles that include a component of marketing. This diversity reflects not only a deepening understanding of the connection between growth and customer satisfaction, but a much greater awareness of what marketing can do to help forge that bond.

P&L 8

P&L Banking Marketing Call Center 8

Harvard Business Review

JULY 17, 2015

’ the questions must be asked, ‘WHY did we start doing WHAT we’re doing in the first place, and WHAT can we do to bring our cause to life considering all the technologies and market opportunities available today?’” In 1921, two brothers started the company to serve the ham radio market.

Brand 8

Brand Merchandising Retail Real Estate 8

Harvard Business Review

APRIL 7, 2016

Marketers market themselves, directors research deals, the executive talent team doesn’t recruit — that is very much “organism think.” They measure efficiency, productivity, quality of the network, quality of inputs and outputs. ” Instead, they build relationships.

Innovation 8

Innovation Bottom-up Organization ROI 8

Harvard Business Review

MARCH 14, 2017

The original reason given for the drastic demonetization action was to expose the so-called “black” market, fueled by money that is illegally gained and undeclared for tax purposes. Data Quality and Context Still Matter — a Lot. Sorting through the money deposited and figuring out its legitimacy will take time.

Banking 8

Banking GDP Policies Real Estate 8

Harvard Business Review

DECEMBER 22, 2014

In June 2013, Dallas-based Mary Kay exited from India after six years and over $20 million invested. At the same time Amway and L’Oreal thrived in the same market and personal care sales boomed across most of India. And rarely is an American product or service the low-price leader in India’s market.

Venture Capitalist 9

Venture Capitalist Price Marketing Learning-by-Doing 9

Harvard Business Review

JUNE 27, 2013

In a recent Forrester survey of 100 customer experience professionals, nearly half of respondents said that their executive team''s strategy for customer experience is market differentiation. Other companies pray that technology can save them. But technology for technology''s sake can end in disaster.

Innovation 8

Innovation Forrester Business Model Long-term 8

Harvard Business Review

JULY 24, 2017

Major organizational changes, covering everything from recruiting and branding to regulatory approvals and marketing, happened in rapid succession, with a hard deadline of 12 months to get it all done for the IPO — and 18 months from the IPO until our full separation from GE. Be open to creating new work policies and benefits.

Management 9

Management IPO Diversity Long-term 9

Harvard Business Review

FEBRUARY 5, 2013

The business environment today has indeed become mindboggling complex due to accelerating globalization and rapid technology changes. John Mackey, co-founder and co-CEO of Whole Foods Market, discovered his noble purpose early in his life. Intelligence alone won't be enough to deal effectively with the escalating complexity.

Ethics 8

Ethics Morale Airlines CEO 8