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Why Western Digital Firms Have Failed in China

Harvard Business Review

ill-fated attempts to impose global business models unsuited to the Chinese market. failure to manage relations effectively with local business partners. underestimating the major differences between digital business and other industries. failure to develop and communicate business strategies effectively.

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Bologna Shows How a Business Cluster Can Stay Vibrant for Centuries

Harvard Business Review

The innovation of the Bolognese silk makers was to operate the Lucca machine with a hydraulic wheel, instead of by hand. Firms in the cluster design, manufacture, and assemble packaging machinery for a wide range of products, such as baked goods, confectionery, beverages, tea, tobacco, pharmaceuticals, and chemicals.

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The Internet of Things Will Change Your Company, Not Just Your Products

Harvard Business Review

One of the biggest obstacles is that traditional functional departments often can’t meet the needs of IoT business models and have to evolve. Operations. When product-based companies add services and connectivity, operational requirements increase. Here are some of the challenges that I’ve observed: Product management.

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Innovation Is as Much About Finding Partners as Building Products

Harvard Business Review

This is the challenge for all kinds of disruptors, whether in the auto industry, pharmaceuticals, service industries, or healthcare. and shifts its local focus to engineering and testing. We often observe a wide-ranging set of initiatives and investments operating independently, and in some cases, even competitively.