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

Harvard Business Review

Here are some of the challenges that I’ve observed: Product management. Successful IoT plays require more than simply adding connectivity to a product and charging for service — something many companies don’t immediately understand. When product-based companies add services and connectivity, operational requirements increase.

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3 Kinds of Jobs That Will Thrive as Automation Advances

Harvard Business Review

As technology transforms our economy, one trend is getting more and more attention: the prospect that it will increasingly automate the work that we human beings do. While it’s true that technology is taking over routine tasks from many workers, it is also reshaping many supply and demand trends that drive our global markets.

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Entrepreneurs Take On Manufacturing

Harvard Business Review

. “A lot of lifestyle businesses used to not be able to get started in larger-run manufacturing which was a pitfall for any small-scale renaissance,” observes Mark Hatch, founder of TechShop , a chain of urban maker spaces in U.S. metros like Austin, Pittsburgh, and the Bay Area. This opens up possibilities.

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It’s OK to Move Down (Yes, Down) the Value Chain

Harvard Business Review

Leaders of many companies — in industries ranging from contract manufacturing, and software services to consulting and health care — tell us the same thing: “We want to move up the value chain.” One such customer is Morning Star , a world leader in the production of industrial tomato paste.

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CEOs Need to Get Serious About Sales

Harvard Business Review

When tracking trends for future growth opportunities, for example, invest real money (2 to 4 percent of the sales budget is good) to develop analytical tools and teams that monitor trends such as demographic shifts, regulations, and new technologies. Only the CEO can push this kind of coordination through.

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When It Comes to Digital Innovation, Less Action, More Thought

Harvard Business Review

We partnered with a company in a Singapore that had expertise in RFID technology, and began to put together a solution involving tags on bottles, a customized storage unit that could read the tags, and a software management system. The integration between the tags, the storage unit, and the software was technologically tough to pull off.

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Community Financing Breathes Life into a New U.S. Manufacturing Firm

Harvard Business Review

Even in this contentious election year, all sides agree on one issue: The loss of American manufacturing jobs over the past decade has been a disaster for the U.S. It would be unrealistic to imagine a return to low-value-add, low-skill, low-wage production in the commodity industries that employed millions of Americans a century ago.