Remove Development Remove Marketing Remove Parcell Remove Short-term
article thumbnail

How to Design Work Projects for Maximum Learning

Harvard Business Review

Skill development is clearly a major priority for companies and managers these days. Enrollment in learning programs has surged over the last few years to generate a global executive education market of over $70 billion a year. Consider, for instance, the talent development program at Ascom, a global telecommunications company.

article thumbnail

How the Insurance Industry Can Push Us to Prepare for Climate Change

Harvard Business Review

First, individuals focus on short time horizons and thus underprepare for future threats. In short, the insurance industry is adapting in order to profit from climate risk, and in doing so it will help society adapt as well. Hayek , economists have emphasized the central role that price signals play in markets.

Insiders

Sign Up for our Newsletter

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

article thumbnail

What to Do When Your Future Strategy Clashes with Your Present

Harvard Business Review

From time to time, the basis of competition in an industry shifts so dramatically that shifting with it requires a new long-term vision that calls for the organization to do things it never would have done in the past. Doing that required developing a new business model in which MedStar would get paid to keep patients well.

article thumbnail

Sometimes Cutting R&D Spending Can Yield More Innovation

Harvard Business Review

The chart may appear to show merely that Cisco’s patent filings lagged its R&D spending by three years, but in fact the decline in spending and the rise in patents were part and parcel of a deliberate strategic shift by the company in 2001. Research & development Financial management' So what was going on?

article thumbnail

How to Revive a Tired Network

Harvard Business Review

By managing the three key properties of networks that either propel you forward or hold you back—breadth, connectivity, and dynamism—you can develop a stronger network and use it as an essential leadership tool. The questions represent a short version of the survey I use with my students. 2 (2004): 349–399.

How To 8