Harvard Business Review

SEPTEMBER 21, 2018

Corporate directors and executives alike recognize that today’s pace of change continues to accelerate and that firms need to innovate to stay ahead. But are boards doing enough to support innovation, as they should? We found that, overall, innovation does not rank as a top strategic challenge for the majority of boards.

Innovation 10

Innovation Short-term Telecommunications Long-term 10

Harvard Business Review

DECEMBER 5, 2012

With the Winter holiday shopping season, fashion apparel retailer Zara has been the focus of media attention — the New York Times recently profiled the innovative fast fashion business model pioneered by Zara, while Elizabeth Cline's book on the costs of fast fashion has climbed up the sales charts.

Business Model 9

Business Model Innovation First-mover Advantage Apparel 9

Steve Farber

OCTOBER 25, 2016

And that’s a good thing to keep in mind if you want to help build an innovative culture. And we know his latest venture, men’s sports apparel startup, Qor (pronounced “core”), is already achieving over 30% yearly growth in part because it’s replicating the Athleta culture of caring. Know your culture.

Apparel 40

Apparel Energy Workshop Uncertainty 40

Harvard Business Review

MAY 6, 2015

The fear of getting Netflix-ed or Uber-ized is spurring big companies to dial up their investment in innovation. But as investment increases, many companies are struggling with a challenging question: how do you know whether your chosen innovation strategy is actually bearing fruit? Number of projects in the innovation pipeline.

Metrics 8

Metrics Innovation Company Stage-Gate 8

Harvard Business Review

MARCH 21, 2018

But his framework also offers a model for rethinking the traditional four P’s of marketing: product , price , place , and promotion. Pride: Customers feel proud and inspired to use the company’s products and services. Consumers typically associate big food companies with mass-production methods and plastic packaging.

Loyalty 14

Loyalty Marketing Apparel Maslow 14

Harvard Business Review

AUGUST 4, 2017

However it plays out, Amazon’s outreach exposed a digital divide in the consumer products world. The cosmetic company responded with a new product, and backed it up with a dedicated consumer marketing plan. But brick-and-mortar retail doors are closing, especially for apparel, as shoppers take their business online.

Retail 8

Retail Brand Apparel Discount 8

Harvard Business Review

DECEMBER 17, 2014

How much does your company need to invest in innovation? With target in hand (if possible), your next step is developing your best estimate of how much potential exists within your current products and services. Growth strategy Innovation' Calculating organic growth.

Innovation 9

Innovation Company Venture Capitalist Business Model 9

Harvard Business Review

JUNE 3, 2015

Intriguingly, some start-ups are coming up with characteristically innovative ways to tackle the problem. The new approach was very successful, and Zappos scaled it by insourcing operations to increase efficiency and by expanding the product line to handbags, eyewear, and other clothing, to benefit from economies of scope.

Apparel 8

Apparel Strategy Insourcing Efficiency 8

Harvard Business Review

APRIL 25, 2017

That is, they do for creative problem-solving what catalysts do in chemical processes: they dissolve barriers and accelerate progress down more productive pathways. This vexing global challenge causes me to wonder, “What if the world’s innovators turned their sights on solving this problem?

Drucker 9

Drucker Apparel Chemicals Globalization 9

Harvard Business Review

JULY 1, 2011

These are innovation tools. One real-life example of this comes from an office products retailer. Vendors were using large amounts of primary and secondary packaging on their products. Vendors were using large amounts of primary and secondary packaging on their products. In 2008, Dairy Management Inc.

Supply Chain 14

Supply Chain Apparel Management Retail 14

Harvard Business Review

FEBRUARY 8, 2016

If I asked you to picture the consumer luxury market, you might imagine jewels, sports cars, watches, premium drinks, high-end shoes and apparel, and so on. But according to a new report, 2016 Predictions for the Luxury Industry: Sustainability and Innovation , that sustainability gap is closing fast.

Brand 8

Brand Supply Chain Apparel Tourism 8

Harvard Business Review

APRIL 1, 2016

Inevitably, not all of the final pitches were winners but, to Facebook, the potential for uncovering groundbreaking innovations is worth pulling a couple hundred engineers away from their everyday tasks. This exercise revealed an important insight: Millennials didn’t find switching banks onerous if they liked a bank’s products.

Supply Chain 8

Supply Chain Banking Brainstorming Participative 8

Harvard Business Review

DECEMBER 20, 2011

In June, the New York Times declared a warming world hostile to food production. So it's no wonder that business started to wake up to the serious danger that storms and shortages present to their operations, both from direct damage to property and from massive production interruptions (i.e., business continuity").

Supply Chain 15

Supply Chain Apparel P&L Long-term 15

Harvard Business Review

JULY 7, 2016

All too often, much-touted “revolutionary” innovations offer only incremental benefits at best; at worst, they are a costly distraction. The retailer offers a monthly subscription service for fitness and athleisure apparel and accessories. If nothing appeals, customers can skip a month at no cost.

Trends 10

Trends Hotels Competitive Advantage Retail 10

Harvard Business Review

MAY 22, 2018

The automotive industry is being disrupted by electric vehicles and self-driving cars, just as home appliances is being disrupted by the Internet of Things and smart appliances, home entertainment by on-demand content providers, and apparel by online personal stylists such as Stitch Fix and Trunk Club. Product: mechanical vs. interactive.

Automotive 8

Automotive Brand Technology White Paper 8

Harvard Business Review

DECEMBER 5, 2011

As I covered in my October HBR.org post, Patagonia's "Buy Less" Campaign May Lead to More Revenue , Patagonia has launched a campaign to encourage its consumers to buy only the apparel they need. The maverick retailer has also launched a new website for owners of Patagonia apparel to sell their used clothes to other consumers.

Retail 14

Retail Apparel Supply Chain Agility 14

Harvard Business Review

JUNE 17, 2016

In short, growth comes from the entire company, not from any particular product or service. Consider the sports apparel company Under Armour. You can offer new products and services to your existing customers that complement your existing offerings. With all this in place, Starbucks can move with assurance to expand.

Company 8

Company Engineering Apparel Survey 8

Harvard Business Review

NOVEMBER 6, 2012

Entrepreneurs and innovators are supposed to be happily self-directed. Articulate the larger purpose the enterprise serves, and become known for the idea, not just specific products currently offered. Artisans' cooperatives help market products from diverse artists. Build collective clout.

Entrepreneur 16

Entrepreneur Cooper Apparel Bureaucracy 16

Harvard Business Review

JANUARY 31, 2012

The world's most innovative company brought in $46 billion in revenues, $13 billion in profit, and an eye-popping $17.5 We'll only fix the problem if the largest, most profitable, and most powerful brands demand better treatment for all people who work on a product. Last week, Apple reported breathtaking earnings. billion in cash flow.

Supply Chain 15

Supply Chain Apparel Cost Morale 15

Harvard Business Review

OCTOBER 8, 2015

One group of high-growth consumer brands, in particular, has been harnessing the power of the “brand network effect,” by leveraging technology to build large, passionate online communities around their products. And a large part of its success is tied to how it leverages technology in its products—and in its marketing.

Brand 8

Brand Apparel Software Content 8

Harvard Business Review

NOVEMBER 21, 2016

The company offers a subscription clothing and styling service that delivers apparel to its customers’ doors. Second, companies can use machines to supercharge the productivity and effectiveness of workers in unprecedented ways. This is where the work interface comes into effect. Some upheaval is to be expected.

Company 8

Company Fashion Apparel Trends 8

Harvard Business Review

MAY 12, 2015

Fara Howard , VP of global marketing for the shoe and apparel firm Vans, describes her brand as “an intuitive brand that leads with its heart.” They were looking for stylish products that happened to offer performance. But, importantly, they balance listening with innovation and inspiration. It resonated.

Leadership Styles 8

Leadership Styles Leadership Brand Audience 8

Harvard Business Review

MAY 21, 2013

But however well intentioned the ideas are, this is not the best use of one of the most productive workforces in the world. Over the last years, labor intensive production keeps moving to ever-cheaper countries. Corporate social responsibility Global business Innovation'

Business Model 8

Business Model Supply Chain Compliance Disaggregation 8

Harvard Business Review

DECEMBER 15, 2010

They then select a set of products and services that best leverage those unique capabilities and optimally suit their chosen way to play. Most important, they avoid markets, products or services that require new or disparate capabilities, and thus threaten the company's focus. Let's take a closer look. What, then, is Kmart's niche?

Succession 15

Succession Retail Merchandising Supply Chain 15

Harvard Business Review

SEPTEMBER 4, 2015

My evidence is a series of separate surveys conducted by different organizations, including the MIT Forum for Supply Chain Innovation. manufacturers were doing about bringing production back to the United States and what factors were driving their decision process. production of cheap natural gas (using new fracking technology).

Supply Chain 8

Supply Chain Survey Price Apparel 8

Harvard Business Review

APRIL 15, 2015

More and more, I hear different twists of the same question from clients: Can emotion still influence buying behavior in world where the mobile internet, with real-time access to product reviews and price comparisons, is training consumers to shop purely on rational facts? On the surface, it looks like rational benefits are winning.

Price 8

Price Brand Retail Apparel 8

Harvard Business Review

NOVEMBER 21, 2012

Like many Americans, I was quick to embrace online retailers as preferred vendors for many types of products. I buy books from Amazon, buy personal care products from Soap.com, and bought my music from the iTunes Music Store (though now I subscribe to Spotify). It's this concept that brings us back to my online shopping experience.

Retail 8

Retail Apparel Christensen Discount 8

Harvard Business Review

JUNE 13, 2012

We're delighted to announce the winners of the Long-Term Capitalism Challenge , the third leg of the HBR/McKinsey M-Prize for Management Innovation. The athletic apparel giant has also engaged a broad base of partners (and competitors) in innovation toward that goal. Story by Gib Bulloch, Accenture Development Partners.

Organization 13

Organization Cooper McKinsey Long-term 13

Harvard Business Review

MAY 28, 2013

Not innovation, risk management, technology, debt, or the regulatory environment. chemicals, metals and mining, paper and forest products), made out worst, scoring poorly on "firing" and "leveraging diversity," and not much better on "assessing talent" and "developing talent.". chemicals, metals & mining, paper & forest products).

Talent Management 8

Talent Management Company Telecommunications Management 8

Harvard Business Review

MAY 16, 2018

Many companies are aiming to be more transparent and authentic about their products, services, and costs. Imagine, for example, being promised a culture of innovation only to have every new idea you put forward dismissed. Take outdoor apparel retailer Patagonia. Juj Winn/Getty Images.

Reputation 12

Reputation Brand Attrition How To 12

Harvard Business Review

JUNE 16, 2015

” Faced with hard choices, innovators find ways to transcend the tradeoffs. On the Sephora Beauty Board, community members can upload photos of their favorite “looks” with the makeup products that made it possible. Click on a product and you can make a purchase. Transactions and relationships.

Chief Operating Officer 8

Chief Operating Officer Apparel Marketing Porter 8

Harvard Business Review

DECEMBER 23, 2015

Sectors calling for action included banking (Bank of America, Citi, Goldman, JPMorgan, Morgan Stanley, Wells Fargo), the apparel industry (including Levi, Gap, Adidas, VF), and the World Economic Forum, which brought 79 CEOs together to urge action. Consumers (finally) show interest in sustainable products. ” 8.

Supply Chain 8

Supply Chain Apparel Energy Price 8

Harvard Business Review

FEBRUARY 13, 2017

I talked with Rita McGrath, a professor at Columbia Business School, who together with Ian MacMillan, of the University of Pennsylvania’s business school, developed this classic methodology for planning innovation. Where Did Discovery-Driven Planning Originate? “One out of every six garments sold in the U.S.

Planning 9

Planning Benchmarking Project Competitive Advantage 9

Harvard Business Review

NOVEMBER 19, 2015

For every Apple, there is an Atari, for every Fuji a Polaroid, and for every Zara an American Apparel. Fast forward a few years, and lower growth means fewer interactions with new, demanding customer groups and less inspiration to innovate. 3M owes part of its innovative success to the “new product vitality index.”)

Company 8

Company Succession Maturity Long-term 8

Harvard Business Review

DECEMBER 17, 2013

But as I’ve done for the last 4 years, I’ll attempt to summarize some of the latest stories about the big environmental and social pressures on business, and how some innovative companies are dealing with them. Food and food waste gets more attention, debate, and innovation: Can cows save the world, or should we make meat in labs?

Supply Chain 10

Supply Chain McKinsey Apparel Energy 10

Harvard Business Review

JULY 30, 2014

It’s easy to scan headlines and see undisciplined for-profit companies (take GM, American Apparel). Bad Reason #2: Only for-profits can sell a product or service. Whether your organization is a for-profit or nonprofit doesn’t typically affect your ability to sell products. nonprofits may sell products (Girl Scout cookies!)

Entrepreneur 10

Entrepreneur Apparel Transportation Fashion 10

Harvard Business Review

AUGUST 14, 2015

Actually delivering on that promise, however, has proven to be extremely difficult, as evidenced by the problems or even failures the Virgin brand has encountered across a whole set of product and service markets.

Brand 8

Brand Banking Apparel Strategy 8