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This Pharma Company Stays Innovative by Doing Two Things

Harvard Business Review

When one of us (Vivek) and his team launched Roivant Sciences in 2014 and began developing treatments for Alzheimer’s disease — they were determined to learn from the pharma industry’s innovation issues and build a more sustainable innovation engine. Food and Drug Administration (FDA), the lowest number since 2007.

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A Survey of 3,000 Executives Reveals How Businesses Succeed with AI

Harvard Business Review

Total investment (internal and external) in AI reached somewhere in the range of $26 billion to $39 billion in 2016, with external investment tripling since 2013. Resist the temptation to put technology teams solely in charge of AI initiatives.

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The Right Way to Use Analytics Isn’t for Planning

Harvard Business Review

Yet, in the first quarter of 2016 the company sold only $17 million of Entresto in the U.S. The failure stemmed from resistance in the U.S. What insights will cause an executive — in R&D or Marketing or Finance — to not only change his or her perspective, but to be able to juggle different perspectives?

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What the Best Transformational Leaders Do

Harvard Business Review

Transformational CEOs Tend to be “Insider Outsiders” The list is topped by companies headed by visionary founders with no prior experience in their industries; Jeff Bezos came from the world of finance, and Reed Hastings from software. ” They Develop a Road Map Before Disruption Takes Hold.

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How India Is Moving Toward a Digital-First Economy

Harvard Business Review

On November 8, 2016, India’s government did something that had no other government had attempted before at the same scale: it decided to remove 86% of the country’s currency notes by value from circulation. Ashima Narula/EyeEm/Getty Images.

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How Blockchain Is Changing Finance

Harvard Business Review

Second, because it’s centralized, which makes it resistant to change and vulnerable to systems failures and attacks. Blockchain was originally developed as the technology behind cryptocurrencies like Bitcoin. The unstoppable force of blockchain technology is barreling down on the infrastructure of modern finance.