article thumbnail

Businesses Serving the Poor Need to Get Over Their Unease About Profit

Harvard Business Review

Prahalad and his colleagues more than a decade ago in a series of articles and books, and it has stuck in the minds of businesspeople, policy makers, and nonprofits despite results that can only be described as dismal. Prahalad's brilliance and persuasiveness certainly had something to do with it. It's practically the law of the land.

article thumbnail

The Timeless Strategic Value of Unrealistic Goals

Harvard Business Review

Prahalad's 1989 HBR article "Strategic Intent" brought about a discontinuous shift in my career — from a professor of accounting to a researcher on strategy and innovation. Strategic intent takes the long view: the act of such intent is to operate from the future backward, disregarding the resource scarcity of the present.

Goal 8
Insiders

Sign Up for our Newsletter

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

article thumbnail

To Profit from Doing Good, Start Small

Harvard Business Review

For example, GE has gone from despoiling the Hudson River to jumpstarting the electric car industry through its commitment to purchase tens of thousands of zero emission vehicles. Bring your team together to identify ways that you can operate with greater sustainability and then set stretch targets.

article thumbnail

Get Your Organization to Run in Sync

Harvard Business Review

Despite our best efforts, most organizations operate disjointedly. You need the right mix of cohesion and diversity in order to achieve both innovation and operational efficiency. Prahalad called this concept strategic intent. Apple, for example, has committed to specific design values and an integrated architecture.

article thumbnail

Get Your Organization to Run in Sync

Harvard Business Review

Despite our best efforts, most organizations operate disjointedly. You need the right mix of cohesion and diversity in order to achieve both innovation and operational efficiency. Prahalad called this concept strategic intent. Apple, for example, has committed to specific design values and an integrated architecture.

article thumbnail

Setting Strategy in Egypt's (and Other) Shifting Sands: A Four-Part Approach

Harvard Business Review

To forestall unrest, Jordan's King Abdullah II removed his cabinet , and Yemen's President Ali Abdullah Saleh has committed to leave at the end of his term. Such actions are important, but the longer-term question still looms: How will firms deal with the ongoing political risks of operating in the region?