Remove Finance Remove Goal Remove Operations Remove P&L
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4 Ways Leaders Can Get More from Their Company’s Innovation Efforts

Harvard Business Review

One reason for the paltry performance is that while other business areas, like sales or finance, are considered to be core functions, innovation is often considered to be something that’s “nice to have” rather than essential. Another pervasive reason is that senior executives are trained as operators, not innovators.

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The Big Picture of Business – The Book of Acronyms

Strategy Driven

From our viewpoint, if business is conducted honorably and professionally, then profitability and success flow from doing the right things… not from pursuing false goals. Too often, one hears about what goes wrong in business relationships. The best successes are earned and learned. We should not take good fortune for granted.

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Corporate Strategy Is a Fool's Errand

Harvard Business Review

They may not be like the big conglomerates of the 1960s — you can see how their portfolio of somewhat related business came about — but, in reality, the various divisions and business units do operate completely independently from one another. Finally, a corporation's head office can provide funds, much like an in-house bank.

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You Can't Impress Stock Analysts.and Shouldn't Try

Harvard Business Review

keep hearing from top executives at large, profitable companies that they're under "P&L pressure." Who declared 7 or 10 or 15 percent growth in earnings a sacrosanct pursuit, above all other corporate goals — like the innovation that leads to novel solutions that address customer needs?

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