Strategy Driven

APRIL 2, 2014

For businesses that want to continually innovate and grow, engaged employees who work with passion and feel a profound connection to their company are required. For companies that want to remain on the forefront of innovation, employees must remain engaged and motivated to work hard. The Bancorp Bank; Member FDIC.

Motivation 52

Motivation Incentives Chief Executive Officer Absenteeism 52

Strategy Driven

MARCH 6, 2014

For what lead Life & Fire’s directors to commit fraud in the first place was in part driven by a desire (so they claimed) to extend credit to high-risk borrowers being ignored by traditional banks. Why was an insurance company doing a bank’s work? Copyright 2007-2014 by StrategyDriven Enterprises, LLC.

Insurance 52

Insurance Banking Crisis Discount 52

Harvard Business Review

AUGUST 23, 2013

This "power of the purse" is growing rapidly; expectations are that it will swell to $18 trillion by 2014. Specifically, we find that companies fail to realize the full innovative potential of women in their midst because leadership either doesn''t know how to elicit their insights or lacks the perspective necessary to endorse their ideas.

Innovation 10

Innovation Banking Proposal Diversity 10

Harvard Business Review

FEBRUARY 17, 2016

This kind of innovation is almost a textbook example of frugal innovation. What’s more, many of the innovations originate in relatively poor, underdeveloped regions or are designed to serve low-income customers, which means that the innovators have no choice but to be frugal.

Cost 8

Cost Globalization Innovation Banking 8

Harvard Business Review

JUNE 29, 2015

And a recent working paper out of the Dusseldorf Institute for Competition Economics ( DICE ), a think tank of sorts, focuses on the latter by exploring whether leveraged buyouts (LBOs) make firms more innovative. PE investors don’t typically invest in firms known for innovation. ” There were other limitations.

LBO 8

LBO Innovation Sample Short-term 8

Harvard Business Review

AUGUST 30, 2018

Although cross-border data flows grew 45x between 2005 and 2014, according to a McKinsey analysis , events since 2014 have pushed the pendulum to swing away from unconstrained data globalization. India’s finance ministry has proposed such an approach to the central bank. Data Is Deglobalizing.

Supply Chain 10

Supply Chain Globalization GAAP Policies 10

Harvard Business Review

APRIL 4, 2014

to 3 percent in 2014 (U.S. Economic Outlook for 2014 and Beyond, January 13, 2014, About.com), and our own research , “CEO Briefing 2014 –The Global Agenda: Competing in a Digital World,” found widespread optimism in the C-Suite about companies’ growth prospects. Innovation Strategic planning Strategy'

Efficiency 8

Efficiency Maturity Strategic Planning Business Model 8

Harvard Business Review

SEPTEMBER 30, 2014

And digital innovations will continue to do so for the foreseeable future. The first one is the most straightforward: they make smart investments in digital technology to innovate their customer engagements , and the business processes and business models that support them. They innovate the practice of management for a digital world.

Management 13

Management Drucker Technology Information Technology 13

Harvard Business Review

OCTOBER 12, 2016

Because of the changing and innovative methods of attack being used against them, it is of the utmost importance that they constantly refine their knowledge of the particular enemies they face. Both of these Trojans target system information, online credentials, and banking details.

Company 8

Company Banking Information Advice 8

Harvard Business Review

SEPTEMBER 19, 2014

Less than 30% of the population have bank accounts, and even fewer have credit cards. More people have mobile money accounts than bank accounts in at least nine African countries, up from four in 2012. ” This has been driving ever closer relationships between banks and mobile operators.

Banking 8

Banking Retail Wireless Operations 8

Harvard Business Review

SEPTEMBER 17, 2014

Further, algorithms cannot (yet, anyway) tap intuition — the soft factors that are not data inputs, the tacit knowledge that experienced managers deploy every day, nor the creative genius of innovators. This plot suggests that the first quarter is pretty mundane; except for 2014, performance is tightly contained in a 91 to 93 band.

Tacit Knowledge 11

Tacit Knowledge Information Technology Crisis Trends 11

Harvard Business Review

JUNE 9, 2014

However, as much as macroeconomic reforms are needed, the future of the Greek economy will be determined by its competitiveness, which concerns costs, but is also measured by innovation. The key to such a change is developing an innovation-oriented industrial structure and a well-functioning innovation system.

Planning 9

Planning GDP Tourism Innovation 9

Harvard Business Review

OCTOBER 20, 2016

In 2014, Microsoft finally announced that Ballmer would retire, and in early 2014, Satya Nadella took charge. One of the strengths of visionary CEOs is that they build an executive staff of world-class operating executives (and that they unconsciously force out the world-class innovators among their direct reports). The result?

CEO 8

CEO Supply Chain Long-term Short-term 8

Harvard Business Review

JUNE 23, 2016

But compliance with regulations isn’t only demanded of banks. Congress or the European Union can throw all the regulations they want at banking and other industries, but politicians and bureaucrats are no match for today’s cognitive technologies. Now, however, thirty-plus years later, another one is presenting itself.

Compliance 10

Compliance Drucker Banking Cost 10

Harvard Business Review

OCTOBER 16, 2014

Icahn later reduced his buyback request to $50 billion, and in April 2014 Apple’s board approved a $30 billion program to be carried out by repurchasing its shares on the open market — either by just buying shares outright or doing it indirectly via accelerated share repurchases. Apple Economy Innovation'

Safe Harbor 9

Safe Harbor Hedge EPS Price 9

Harvard Business Review

DECEMBER 4, 2018

And so Harry’s has been growing 35% year-on-year between 2014 to 2016, three times faster than the industry average , commanding 9% of all online razor sales. By March 2016, Chinese smartphone maker Xiaomi had invested in some 55 startups, generating products from power banks to air purifiers.

Brand 12

Brand Retail Incubator Merchandising 12

Harvard Business Review

JULY 27, 2015

This is where the July 2012 memorandum of understanding between Greece and the Troika (the International Monetary Fund, European Central Bank, and the European Commission) failed miserably; the previous government, much like Syriza, wanted to preserve the status quo. growth in late 2014 to a 2.5% In a country slipping from 1.8%

Banking 8

Banking Crisis Tourism Policies 8

Harvard Business Review

FEBRUARY 19, 2015

The transition to a global digital economy in 2014 was sporadic – brisk in some countries, choppy in others. Credit cards or PayPal are rarely used; according to the Reserve Bank of India, 90% of all monetary transactions in India are in cash. Even Amazon localized its approach in India to offer COD as a service.

Constraint 8

Constraint Marketing Innovation Uncertainty 8

Harvard Business Review

APRIL 5, 2018

We’re now entering a new era of innovation , one that the model doesn’t quite fit, and we will have to develop new approaches to build the future. Back east, established firms worked with big banks to launch new enterprises. No innovation strategy fits every problem , so we need to keep expanding the toolbox.

Technology 8

Technology Venture Funding Venture Capitalist Entrepreneur 8

Harvard Business Review

NOVEMBER 27, 2013

They are dealing with the environment; successfully making the shift from an infrastructure state to a consumer society; becoming an innovative economy; having a positive impact on the world order; and finally, and perhaps most importantly, making the transition from Xi Jinping’s “Seven No’s” to a more sustainable political model.

Education 8

Education Politics Globalization Hedge 8

Harvard Business Review

JANUARY 29, 2018

For the latter, we measured incumbents’ operational efficiency, commitment to innovation, and defenses against attack. Previously strong barriers to entry have perished; fixed assets such as car fleets, hotels, bank branches, and landline infrastructure have become weaknesses. One way is by reducing dependence on fixed assets.

Industry 8

Industry Fixed Assets Retail Market Penetration 8

Harvard Business Review

DECEMBER 28, 2017

Moreover, having regularly defaulted on its debts, few international institutions are willing to lend to the government, forcing it to rely on poorly capitalized local banks. For example, after opening its first store in 2014, fast-food chain KFC recently opened its fifth branch in the country.

Banking 8

Banking First-mover Advantage Politics Finance 8

Harvard Business Review

MAY 27, 2015

We see ourselves as risk-takers and innovators. Over the last six years the federal government funded more than 50 new regional innovation “clusters,” and across America new accelerators and entrepreneurship boot camps are proliferating. In fact, we know a lot about what works from observing this recent experimentation.

Entrepreneur 8

Entrepreneur Policies Banking Innovation 8

Harvard Business Review

DECEMBER 16, 2016

Innovating for Value in Health Care. More than 10 million consumers benefited from telehealth use in 2014, and insurance carriers are increasingly covering these visits because they’re both more convenient for their members and less expensive than office visits. Insight Center. Sponsored by Medtronic. Leverage big data.

Health Care 8

Health Care Insurance Wireless Cost 8

Harvard Business Review

JUNE 17, 2016

Standing on stage on September 9, 2014 at Apple’s Worldwide Developer’s Conference (WWDC), Tim Cook announced, “We’ve created an entirely new payment process, and we called it Apple Pay.” But even in late 2014 most merchants didn’t have them. percent in November 2014, to 0.8

Retail 8

Retail Business Model Press Release Strategy 8

Harvard Business Review

MAY 2, 2014

That year, two global headlines raised the profile of social enterprise: Mohammed Yunus and the Grameen Bank won the Nobel Peace prize. Note: This post is adapted from my remarks at Babson College’s 2014 Lewis Institute Social Innovator Awards. In the broader U.S. The mind that is not baffled is not employed.

Entrepreneur 13

Entrepreneur Microfinance NGO Mission Statement 13

Harvard Business Review

MARCH 8, 2016

And the choice to hold on to cash or use it to repurchase shares, rather than invest profits in new opportunities for innovation and expansion, has had real consequences for our economy that have contributed to the current political upheaval. Authoritative studies have shown that inequality and stagnating wages hurt corporate growth.

Politics 8

Politics Short-term Long-term Porter 8

Harvard Business Review

JULY 22, 2016

BancAlliance, a consortium of community banks, has partnered with Lending Club, a peer-to-peer lending marketplace. Customized, individual lending has historically been difficult for small banks because of regulatory risk and the high cost of underwriting a large pool of loans.

Real Estate 8

Real Estate Business Model Incubator Short-term 8

Harvard Business Review

SEPTEMBER 17, 2014

Further, algorithms cannot (yet, anyway) tap intuition — the soft factors that are not data inputs, the tacit knowledge that experienced managers deploy every day, nor the creative genius of innovators. This plot suggests that the first quarter is pretty mundane; except for 2014, performance is tightly contained in a 91 to 93 band.

Tacit Knowledge 8

Tacit Knowledge Crisis Trends Follow-up 8

Harvard Business Review

MARCH 8, 2016

This has big implications for businesses, entrepreneurs, and innovators seeking growth beyond their home markets: there just isn’t a one-size-fits-all app or approach to building scale in the global digital economy. The region’s digital economy, a corollary to a rising middle class, is on a promising trajectory as well.

Benchmarking 8

Benchmarking Policies Globalization Long-term 8

Harvard Business Review

OCTOBER 3, 2014

Of all the generations alive today, millennials are the most willing to trade financial return for greater social impact, according to “ Millennials and Money ,” a 2014 study from Merrill Lynch’s Private Banking and Investment Group. According to another study, U.S.

Commitment 9

Commitment Banking Class Entrepreneur 9

Harvard Business Review

JULY 26, 2018

Such knowledge is in fact the prerequisite to innovation. In other words, the initial innovations that made Uber dominant also left it vulnerable. Over the next few years Recruit introduced several innovations to keep businesses using its platform. “‘Why us?

Transportation 10

Transportation Health Care Venture Capitalist Advertising 10

Harvard Business Review

NOVEMBER 4, 2014

Businesses are, on average, far less adaptable, innovative, and inspiring than they could be and, increasingly, must be. You can’t endorse a top-down authority structure and be serious about enhancing adaptability, innovation, or engagement. Most of us grew up in and around organizations that fit a common template. Power trickles down.

Bureaucracy 9

Bureaucracy Short-term Long-term Intellectual Capital 9

Harvard Business Review

NOVEMBER 4, 2014

Businesses are, on average, far less adaptable, innovative, and inspiring than they could be and, increasingly, must be. You can’t endorse a top-down authority structure and be serious about enhancing adaptability, innovation, or engagement. Most of us grew up in and around organizations that fit a common template. Power trickles down.

Bureaucracy 9

Bureaucracy Short-term Long-term Intellectual Capital 9

Harvard Business Review

AUGUST 14, 2015

In 2014, Interbrand placed a valuation of the brand at $107.43 Think of the equity of a brand in terms of a bank account. When the brand does “good things,” such as introduce a highly innovative new product, a deposit is put into the brand bank account. billion, only trailing the Apple brand in value.

Brand 8

Brand Banking Apparel Strategy 8

Harvard Business Review

APRIL 4, 2014

The index was constructed in the same fashion as other indexes that seek to isolate an industry sector (banking, biotech), geography (China), or size (large cap), for example. Further, Nike was ranked the #7 most innovative company by Fast Company in 2014 , and the 13 th most admired company by Forbes magazine.

Venture Capitalist 8

Venture Capitalist Fashion B2B Hedge 8

Harvard Business Review

JUNE 28, 2013

The societal factors that have made America strong in the past continue today: its diversity, thirst for innovation, entrepreneurship, and institutional support for risk taking. Banks are now adequately capitalized and are beginning to lend, and venture capitalists are as hungry as ever. Increase your R&D spending.

Budgeting 8

Budgeting Market Segmentation Venture Capitalist Real Estate 8