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How to Compete Like the World’s Most Innovative Leaders

Skip Prichard

Being the founder of an innovative product or service requires holistic thinking, taking into account all aspects of what makes a new venture successful—from its value proposition to the customer (user), product development, technologies, cost to deliver, performance metrics and finally to getting the resources needed for implementation.

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The Political Issues Board Directors Care Most About

Harvard Business Review

Aside from these three broad worries, directors are also anxious about corporate tax rates, political instability, and healthcare costs. Not surprisingly, with the price of oil dropping, directors of companies the energy & utilities industries are particularly discouraged. Why does all this matter?

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New Research: Where the Talent Wars Are Hottest

Harvard Business Review

If, in addition, companies are managing their underperformers out poorly, the costs rise even further. food, beverage & tobacco, household and personal products); Energy & Utilities (e.g., pharmaceuticals, biotechnology & life sciences, health care equipment and services); Industrials (e.g.,

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Five Questions Companies Should Ask Before Making an Innovation-Driven Acquisition

Harvard Business Review

But acquisitions, unlike homegrown innovation, don't afford the luxury of multiple low-cost experiments — the sunk costs of an acquisition are too great. In pharma, Johnson & Johnson's 1999 acquisition of Centocor brought in blockbuster biotechnology innovations led by rheumatoid arthritis drug Remicade.

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Why Boards Aren’t Dealing with Cyberthreats

Harvard Business Review

food, beverage & tobacco, household and personal products); Energy & Utilities (e.g., pharmaceuticals, biotechnology & life sciences, health care equipment and services); Industrials (e.g., An IBM study estimated that the average cost of a data breach is around $4 million. ” A Real Strategic Threat.

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Predictive Medicine Depends on Analytics

Harvard Business Review

Energy, agriculture, insurance, retail, human resources — no industry is unaffected. That’s why pharmaceutical, biotechnology, and medical device companies need to define their relevance in this new health care ecosystem, and soon. Or lenders’ enhanced abilities to gauge credit risk. They’re also sharing risk. But not for long.

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India Remakes Global Innovation

Harvard Business Review

Chirotech specializes in biocatalysis and chemocatalysis, two important subspecialties of biotechnology and chemistry that help develop key biological and chemical intermediates needed for the efficient production of medicines. are aimed at finding ways to lower the cost of its core activities like software testing.