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. Our work with dozens of companies teaches us that individuals on the leadership team often have very different targets in mind.

Innovation 9

Innovation Company Venture Capitalist Business Model 9

Strategy Driven

APRIL 17, 2013

Benchmark Your Feedback Step 8. Writing about your company, products, services, or industry will help you to formalize and organize your thinking, which could spur innovative ideas or content for other aspects of your business. Design a Prospect Debrief Questionnaire Step 5. Identify and Analyze Your Win/Loss Trends Step 7.

Marketing 50

Marketing Press Release Consultative Brand 50

Harvard Business Review

NOVEMBER 29, 2011

In her underappreciated book, The Innovation Killer , Cynthia Barton Rabe, a former innovation strategist at Intel, explains how "what we know limits what we can imagine." Commerce was (and TD Bank remains) a unique outfit, but its blueprint for innovation was not an entirely new perspective on making change.

Banking 18

Banking Retail Open-book Creativity 18

Harvard Business Review

NOVEMBER 20, 2012

We're fortunate to own a leadership position amongst our traditional competitors but recognize that we're at a point at which our benchmark must move. But technology innovation is a powerful draw and, in business, when an opportunity arises, there is no shortage of players getting into the game. Audit the organization.

CEO 8

CEO Chief Executive Officer Venture Funding Taylorism 8

Harvard Business Review

OCTOBER 18, 2013

Banner’s leaders made a conscious choice to eschew industry benchmarks in the cost initiative. Finally, the leadership team, in partnership with Booz & Company, invited people from across the system to collaborate in cost reduction. All of Banner’s C-suite leaders served on the leadership team for the G&A project.

Cost 8

Cost Health Care Six Sigma Insourcing 8

Harvard Business Review

MAY 8, 2017

Whereas most business lists analyze companies by traditional metrics such as revenue or by subjective assessments such as “innovativeness,” our ranking evaluates the ability of leaders to strategically reposition the firm. Matthew Eyring , Chief Strategy & Innovation Officer of Vivint Inc. Financial performance.

Franchising 15

Franchising CEO Business Model Strategy 15

Strategy Driven

FEBRUARY 7, 2014

They embrace innovations, while keeping the best traditions. Change is innovative. The Old Became the New Again… The original speed for phonograph records, as invented in 1888, was 78-RPM, which engineers determined to be the most ideal for sound quality. Innovated It… and Teach You Why. Benchmarking.

Planning 60

Planning Learning Curve Learning-by-Doing Budgeting 60

Strategy Driven

JULY 5, 2013

They embrace innovations, while keeping the best traditions. Change is innovative. The Old Became the New Again… The original speed for phonograph records, as invented in 1888, was 78-RPM, which engineers determined to be the most ideal for sound quality. Innovated It… and Teach You Why. Benchmarking.

Planning 61

Planning Learning Curve Budgeting Learning-by-Doing 61

Harvard Business Review

APRIL 27, 2015

Can you think of any business topic that’s been hotter for longer than innovation? In a McKinsey poll , 94% of the managers surveyed said they were dissatisfied with their company’s innovation performance. And yet when it comes to innovation, the gap between aspiration and accomplishment seems as big as ever.

Innovation 8

Innovation Company Engineering Supply Chain 8

Miles Anthony Smith

JUNE 5, 2018

Set career goals and understand salary benchmarks. However, it's also the MOST CRITICAL skill in senior management and leadership positions. If you find a way to build adaptable skills that can be flexed to different industries or department functions (marketing to engineering for example), then you have the recipe for success.

Career 74

Career Advice Succession Learning-by-Doing 74

Strategy Driven

JANUARY 6, 2012

Among the lessons which we learned from the Y2K Bug exercise were: When they want to do so, company leadership will provide sufficient resources to plan for the future, including crisis management and preparedness (of which computer glitches are one set of ‘what ifs.’). Each year, one-third of the U.S. Partially Address.

Planning 50

Planning Consultative Learning-by-Doing Cost 50

Harvard Business Review

MARCH 9, 2018

The sad news of the passing of Roger Bannister , the first human being to run a four-minute mile, got me thinking about his legacy—not just as one of the great athletes of the past century, but as an innovator, a change agent, and an icon of success. Was there a genetic engineering experiment that created a new race of super runners?

Rogers 19

Rogers Benchmarking Sports Business Model 19

Harvard Business Review

SEPTEMBER 29, 2016

The best leaders understand that the current success of their business, and any future innovation, depends upon the “deep smarts” of their employees — the business-critical, experience-based knowledge that employees carry with them. Take architectural and engineering firm EYP as an example.

Organization 8

Organization Development Mentor Incentives 8

Harvard Business Review

AUGUST 18, 2015

But Alphabet also stands for alpha-bets, i.e. bets on alpha (investment returns above a benchmark). Many tech companies have innovation- and engineering-driven cultures typical of nimble, improvisatory start-ups. It also allows Google to employ different leadership styles and develop different cultural variations for each.

Strategy 8

Strategy Maturity Business Model Wireless 8

Harvard Business Review

FEBRUARY 17, 2016

When I started building WATTx , an innovation lab for smart climate solutions in the Internet of Things (IoT) space six months ago, I quickly came to this exact realization. Another aspect that has worked well was to use our first hires as benchmarks for any future hires (assuming we’ve gotten the first calls right).

Company 8

Company Benchmarking Storytelling Engineering 8

Harvard Business Review

OCTOBER 22, 2015

Each Mayo Clinic value-improvement project must: gain senior leadership support, including an approved charter. Gain senior leadership support. Among the implementing provider groups, Mayo Clinic stands out for its exemplary approach, which has enabled it to consistently enhance care delivery and realize cost efficiencies.

Mayo 8

Mayo Health Care Committee Project 8

Harvard Business Review

MAY 18, 2017

Kaplan’s balanced scorecard or Clayton Christensen’s disruptive innovation. Garvin stresses the importance of rigorous experiments (years before experimentation became the rallying cry for a new generation of innovators); thoughtful problem definition; and smart, well-designed metrics.

Management 9

Management Balanced Scorecard NPV Article 9

Harvard Business Review

JUNE 19, 2015

The idea here isn’t to pursue perfect, but rather to have a more expansive view about what your customers will perceive as the benchmark for similar products and to avoid usability mistakes that are easy to make — and to make sure non-experts have experienced it the way customers will. No innovation remains innovative for long.

Productivity 8

Productivity Products Long-term Marketing 8