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In Big Companies, Lean Is Only One Piece of the Puzzle

Harvard Business Review

The problem with the effort, of course, was that building both the necessary African infrastructure and the logistics network needed to transport the non-indigenous crops was going to be a very expensive proposition indeed. That has resulted in some misconceptions that can be counterproductive in the quest for innovation.

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What BMW’s Corporate VC Offers That Regular Investors Can’t

Harvard Business Review

Gimmy’s task was clear but highly demanding: to reimagine the way BMW innovates. To fill the void and build such a new BMW startup unit, Gimmy partnered with an experienced innovation manager from BMW, Matthias Meyer. Gregor and BMW faced a crucial question: “How can the BMW Group, as a company, co-innovate with startups?”

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All Hail the Failure Sector

Harvard Business Review

As Dick Morley — an MIT manufacturing innovator with deep experience in the auto industry — put it to us, "the trouble with big companies is that they take nice high-risk, high-return opportunities, then manage the risk out of them to the point that there's no return left." Certainly, that's a fair accusation.

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Enabling the Natural Act of Entrepreneurship

Harvard Business Review

I met Slovenian entrepreneur, Sandi Cesko, in 2007 when his Ljubljana -based multi-channel retail operation, Studio Moderna , had about $70 million in sales. For example, it is nearly impossible for scaling ventures in many countries, including Brazil and Denmark, to count on an IPO for a successful exit. Even better.

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Every Fast-Growing Company Has to Combat Overload

Harvard Business Review

Founded in 1966, Norwegian quickly became an innovator in its field as the first company to offer round-trip cruises that nearly anybody could afford. In 2000, with more than $100 million in negative cash flow, the company agreed to be acquired by Star Cruises, a leading cruise operator in Asia. An innovator? Customer-focused?

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Uber Is Finally Realizing HR Isn’t Just for Recruiting

Harvard Business Review

But with the departures of a number of high-level HR leaders in late 2016, head of operations Ryan Graves largely took on the head HR role in addition to his other duties. Today Uber is no startup, with 11,000 employees, not including its drivers, and a 2017 market value at IPO that is estimated as $28–$70 billion.

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Case Study: An Angel Investor with an Agenda

Harvard Business Review

This scene was what she'd envisioned when she quit her job as an occupational therapist five years before, to enroll in a health care management course and, later, business school. She didn't doubt the franchise owner's commitment to high-quality, holistic care; he was a star pupil in the most recent training course at headquarters.