article thumbnail

The Rise of the COO

Harvard Business Review

COOs are relatively common in service industries such as financial services, energy, information technology and telecommunications, but in manufacturing sectors — such as automotive, chemical, and pharmaceutical companies — they are relatively rare. It still doesn't seem necessary to be a COO in order to take over as CEO, though.

COO 12
article thumbnail

Artisans Must Balance the Books

Harvard Business Review

Organizations that move into developing nations to help small technical businesses, must help those businesses manage their finances. People need at least a rudimentary understanding of finance to become good entrepreneurs or artisans. People need at least a rudimentary understanding of finance to become good entrepreneurs or artisans.

Books 14
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why Germany Dominates the U.S. in Innovation

Harvard Business Review

has the world’s most sophisticated system of financing radical ideas, and the results have been impressive, from Google to Facebook to Twitter. An American PhD student in computer science never even thinks about a career in the automobile industry — or, for that matter, other manufacturing-related fields.

article thumbnail

Is HR Too Important to Be Left to HR?

Harvard Business Review

Thats different in IT, accounting, or finance. Thats different in IT, accounting, or finance. The Conversation Blogs The Conversation Is HR Too Important to Be Left to HR? Yes, they are closer to the business and should know better what they need to do so they can meet their business goals.

CIO 15
article thumbnail

Are You Working Over the Thanksgiving Holiday?

Harvard Business Review

Is this a time to mount a campaign for Plan B, that other job or career youve been putting off looking into? Is this a time to mount a campaign for Plan B, that other job or career youve been putting off looking into? The Conversation Blogs The Conversation Are You Working Over the Thanksgiving Holiday?

article thumbnail

Breaking Up the Retail-Price Confusopoly

Harvard Business Review

In my own work , I found that this might be particularly prevalent for utilities (gas, electricity and telecommunications). In my own work , I found that this might be particularly prevalent for utilities (gas, electricity and telecommunications). Ran Spiegler (with co-authors) has studied such strategies.

Retail 14
article thumbnail

What an Economist Brings to a Business Strategy

Harvard Business Review

Ask them if they apply much else from else from economics in their actual business careers, and you’re likely to hear “not much.”. and other governments to help them design these often complicated auctions and by telecommunications companies trying to figure out the best strategies for bidding. Economists and finance.