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Everything You Need to Know About Oilfield Services

Strategy Driven

These include seismic testing, directional services for drillers, transport services, and more. They also offer specialized expertise in engineering, procurement and construction. In addition, seek out professional development opportunities to enhance your skills and experience.

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6 Ways Technology Can Help Companies Innovate Out of the Coronavirus Downturn

Strategy Driven

In my book, “The Innovation Ultimatum: How Six Strategic Technologies Will Reshape Every Business in the 2020s,” I outline the technologies that will drive unprecedented innovation into products and services in the 2020s, creating entirely new business models. These technologies are: Artificial intelligence (AI).

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To Understand the Future of Tesla, Look to the History of GM

Harvard Business Review

Sloan transformed corporate management into a real profession, and its stellar example was the continuous and relentless execution of the GM business model. And 100 years later Elon Musk would see that the future of transportation was no longer in internal combustion engines and build the next great automobile company.

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To Go Digital, Leaders Have to Change Some Core Beliefs

Harvard Business Review

Today, the list of disruptive new entrants is expanding and the primary differentiator is clear: they bring new mental models to existing industries and create new business models that customers and investors love. ” In order to get there, he plans to “evolve our business model accordingly.”

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Most On-Demand Businesses Aren’t Actually Disruptive

Harvard Business Review

Namely, more and more of the on-demand businesses we see on a daily basis are being founded atop increasingly weaker value propositions; convenience without any sort of sustainable cost advantage. When Uber and Airbnb burst on the scene, they were tackling major inefficiencies in the markets for transportation and housing.

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What SpaceX Can Teach Us About Cost Innovation

Harvard Business Review

Earlier this week, the space-transport start-up SpaceX had its most successful launch test yet with Grasshopper, the first fully and rapidly reusable rocket. It was fundamentally different from the mindset of low-cost frequent and standardized transport that SpaceX embraces today. SpaceX has learned. They think about the future.

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How GE Stays Young

Harvard Business Review

That includes learning from the outside and striving to adopt certain start-up practices, with a focus on three key management processes: (1) resource allocation that nurtures future businesses, (2) faster-cycle product development, and (3) partnering with start-ups. Product development: g etting closer to customers and moving faster.