Remove Development Remove Goal Remove Span of Control Remove Strategic Planning
article thumbnail

How to Transform a Traditional Giant into a Digital One

Harvard Business Review

For example, GE has created a digital platform in the energy sector that its own and third-party software developers can write applications to. He built a team to develop Predix, a cloud-based platform that underlies all of GE’s industrial businesses.

article thumbnail

How Spotify Balances Employee Autonomy and Accountability

Harvard Business Review

It has to put the strategy into practice with measurable objectives, consistent measurement of progress toward those goals, feedback systems to monitor activities along the way, and appropriate consequences for reaching or failing to reach the goals. The wrong approach leads to confusion over goals and to ineffectiveness.