Remove Energy Remove Innovation Remove Operations Remove Risk Management
article thumbnail

The Future of Energy Resilience: Adapting to Extreme Weather Events

Strategy Driven

This presents significant challenges for our energy infrastructure, which must remain resilient to ensure continued service and safety. Recent years have illustrated the catastrophic impact of energy disruptions during extreme weather events.

Energy 65
article thumbnail

Innovation Should Be a Top Priority for Boards. So Why Isn’t It?

Harvard Business Review

Corporate directors and executives alike recognize that today’s pace of change continues to accelerate and that firms need to innovate to stay ahead. But are boards doing enough to support innovation, as they should? We found that, overall, innovation does not rank as a top strategic challenge for the majority of boards.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Sustainability in Financial Services Is Not About Being Green

Harvard Business Review

The next time we hear about a bank or insurance company''s "green program" — like using energy efficient light bulbs or operating out of a LEED Platinum building — we''ll either scream or throw up. Don''t get us wrong. Trust reached an all-time low of 24 percent in 2011, down from 69 percent in 2008.".

article thumbnail

What the EPA’s Clean Power Plan Looks Like in Practice

Harvard Business Review

Americans — and American companies — have also connected the dots between clean energy and economic growth, with 87% last year saying that developing clean energy should be a priority for the President and Congress. Renewables are growing faster than any other kindof of power generation, with more solar panels installed in the U.S.

Power 8
article thumbnail

Research: Self-Disruption Can Hurt the Companies That Need It the Most

Harvard Business Review

When innovations threaten to disrupt an industry by replacing an old business model with a new one, incumbents need to invest in that model in order to survive. But what if an innovation poses a threat, and you can’t yet tell whether it has genuinely transformative potential? Fuse/Getty Images. These are rarely studied questions.

article thumbnail

The Comprehensive Business Case for Sustainability

Harvard Business Review

This can disrupt a firm’s ability to operate on schedule and budget. ” Improving risk management. ” Improving risk management. Climate change, water scarcity, and poor labor conditions in much of the world increase the risk. Fostering innovation.

article thumbnail

Leading in a World of Resource Constraints and Extreme Weather

Harvard Business Review

The issues in each of these buckets require new leadership, or at least a rethinking of it in the highest ranks of companies, and deep operational changes. We’re starting to recognize that this relatively new situation has important ramifications for how businesses operate, and we’re making some progress. Insight Center.