Harvard Business Review

MAY 31, 2017

Automating finance. This lets organizations reduce the amount of work outsourced to service centers and frees up finance staff to focus on strategic tasks. Smoother supply chains. Machine learning enables contextual analysis of logistics data to predict and mitigate supply chain risks.

Process 12

Process Company Supply Chain Software 12

Harvard Business Review

APRIL 19, 2016

It could upend supply chains, business models, customer relationships, and even entrepreneurship itself. Innovation, customization, speed, and location are also among the opportunities it offers. Imagine the changes afoot in the pharmaceutical, medical device, automotive, and consumer electronics industries.

Supply Chain 8

Supply Chain Execution Analysis Technology 8

Strategy Driven

NOVEMBER 19, 2021

The time changed, markets evolved, competition became even harsh, and marketplaces required more innovative ways to make money than the mere commissions. From entertainment to finance, grocery, vegetables, electronics, home furnishing, and cloud services, Amazon is the best example to understand the rapidly evolving face of the Retail 4.0

Retail 119

Retail Supply Chain Software Marketing 119

Harvard Business Review

AUGUST 30, 2018

These include access to digital goods and services, being part of global supply chains, accelerating and partaking in the fruits of innovation, and helping citizens access information, entertainment, and connectivity on a worldwide basis. India’s finance ministry has proposed such an approach to the central bank.

Supply Chain 9

Supply Chain Globalization GAAP Policies 9

Harvard Business Review

APRIL 7, 2016

Businesses and governments will have to work together to increase productivity, encourage innovation, and improve integration in supply chains toward a sustainable global food balance. To attract more financing and investment in agriculture, the risks need to be reduced by governments.

Globalization 8

Globalization Supply Chain Policies Long-term 8

Harvard Business Review

NOVEMBER 15, 2017

Pioneers of new business models, such as Alibaba and Amazon, are launching innovations in rapid succession, such as voice ordering and real-time pricing, while simultaneously building scale and driving down costs. By streamlining store complexity, the team was also able to slash the retailer’s supply chain costs by 20 percent.

Retail 10

Retail Chief Executive Officer Supply Chain Operations 10

Harvard Business Review

FEBRUARY 2, 2016

You’ll often find customer relationship management within marketing, budgeting within finance, supply-chain management within operations, outsourcing within procurement, training within HR, and new product development within R&D. The functional model of organization dates back to the 1850s.

Development 8

Development Supply Chain Incentives Outsourcing 8

Harvard Business Review

FEBRUARY 22, 2016

However, in recent years a parallel explosion of digital tools and services has taken place in the manufacturing realm as well, drawing in computer-assisted design and 3D printing equipment to open-source operating systems, the cloud, and the Internet of Things (IoT). Second, a number of important inputs have gotten cheaper.

Entrepreneur 8

Entrepreneur Contract Manufacturing Incubator Venture Capitalist 8

Harvard Business Review

NOVEMBER 22, 2017

There’s no question that legacy IT systems are too slow and rigid for the agility that digital business demands. These COEs are responsible for innovation, transformation and process governance, and they work closely with operating units in Mexico, Brazil, Central America and the Philippines to roll them out.

Technology 8

Technology Organization Content Supply Chain 8

Harvard Business Review

NOVEMBER 23, 2016

Firms applied for credit to finance recovery. Despite the need for credit to finance recovery, disasters can also constrain the capacity of lenders to supply it because so many households and businesses are affected at once. Challenge risk financing conventions. Businesses likely need new forms of risk financing.

Insurance 8

Insurance Risk Management Finance Supply Chain 8

Harvard Business Review

NOVEMBER 20, 2015

Challenged by other entrepreneurs in Scale Up Milwaukee’s Scalerator program to come up with a plan for rapidly ramping up his business, Cronce wondered: “What if I redefined Raphael as a strategic link in the global medical imaging supply chain, rather than as a paint shop?”

Supply Chain 8

Supply Chain Collins Golden Handcuff Pharmaceuticals 8

Harvard Business Review

APRIL 1, 2016

When business leaders talk about going digital, many are uncertain about what that means beyond buying the latest IT system. Right behind it are media, finance, and professional services, all of which have far more sophisticated digital capabilities than the rest of the economy.

Industry 8

Industry Benchmarking Supply Chain Health Care 8

Harvard Business Review

DECEMBER 6, 2010

Today, the guild mentality persists within companies, where functions such as marketing, sales, finance, IT, human resources and R&D all have their own area of special expertise. If the products are hits, that's even better; because it "owns the shelf," there's a direct link back to innovation and marketing.

Operations 13

Operations Competitive Advantage Supply Chain Retail 13

Harvard Business Review

OCTOBER 6, 2011

This blog post is part of the HBR Online Forum The CEO's Role in Fixing the System. The perception has been eroding our industry's image and has caused many in our industry to assume that R&D, innovation, and social contribution are unaffordable luxuries in a fiercely cost-based competitive game.

Industry 10

Industry Strategy Supply Chain Long-term 10

Harvard Business Review

JANUARY 27, 2017

His group’s data science, procurement, and supply chain teams crafted algorithmic ensembles that, by all measures and simulations, would save hundreds of millions. The bad news: Petabytes of new data and algorithmic innovation assure that “autonomy creep” will relentlessly challenge human oversight from within.

Outsourcing 8

Outsourcing Software CAPEX Competitive Advantage 8

Harvard Business Review

OCTOBER 18, 2011

This blog post is part of the HBR Online Forum The CEO's Role in Fixing the System. Climate change, natural resource shortages, the growing gap between haves and have nots, and the fragility of financial systems are but a few of the critical problems it has spawned, and these are conspiring to become a perfect storm. What Can CEOs Do?

CEO 11

CEO Incubator Supply Chain Entrepreneur 11

HR Digest

JANUARY 7, 2020

A 2016 report from the International Commission on Financing Global Education Opportunity estimates that 30 percent of young adults will not graduate from secondary school with the skills they need to hold most jobs in the digital world. The HR Digest: Can you tell The HR Digest readers more about the Chamber’s T3 Innovation Network?

Diversity 111

Diversity Education Supply Chain Learning-by-Doing 111

Harvard Business Review

MARCH 7, 2012

The evidence indicates that the United States is losing its ability to attract and expand the operations of multinationals and their significant contributions to productivity growth, innovation, and high-wage employment. Multinationals' shares of employment, capital investment, and output in the U.S. But to spark that growth, U.S.

Globalization 9

Globalization Rivkin Supply Chain Trends 9

Harvard Business Review

DECEMBER 16, 2010

These six ideas emerged in 2010 as powerful "innovation invitations" and seem sure to intensify in power and influence. They'll increasingly be a source of, and resource for, innovation differentiation in 2011, if not for your organization, then for the firm you most dread competing against. That's right. Contestification.

Innovation 16

Innovation Supply Chain Business Simulation Advertising 16

Harvard Business Review

FEBRUARY 8, 2018

Client-server technology begat enterprise resource planning systems, and the consequent system-wide visibility that was required for what we call business process management (BPM). BPM reflected the interactions of different stakeholders, from product creation through supply chain to final assembly.

Management 12

Management Software BPM Technology 12

Harvard Business Review

FEBRUARY 10, 2012

Technology and new concepts of living, as well as progressive notions of urbanization, industrial capitalism, consumerism, ecotourism, and renewable systems, could meld to fashion a new shared-growth paradigm. The technology systems that undergird this effort are far-flung. And I do it from Africa.

Supply Chain 14

Supply Chain Globalization Politics Franchising 14

Harvard Business Review

JULY 7, 2015

Innovation tourism: it’s a thing. These well-intentioned professionals travel the world in pursuit of the secret sauce of innovation. If you ask the director of a government innovation agency how influential or effective they are, what answer do you expect, other than “ extremely ?” Kenneth Andersson.

Innovation 8

Innovation Planning Tourism Venture Capitalist 8

Harvard Business Review

OCTOBER 22, 2015

One of the team’s central findings is that TDABC cannot be delegated to the finance function. Mayo staffs it value-improvement projects with a project leader to coordinate the team’s work, a systems engineering analyst to conduct process mapping, and a financial analyst to provide relevant data. Select a project team.

Mayo 8

Mayo Health Care Committee Project 8

Harvard Business Review

FEBRUARY 8, 2013

Business units come and go, but finance, HR, IT, marketing, legal, and R&D are forever. It has sophisticated functions that together manage user-generated content, the in-depth tracking of consumer buying behavior, and the innovation of new features based on the resulting insights. Permanent cross-functional teams tend to fare better.

Supply Chain 8

Supply Chain Real Estate Short-term Merchandising 8

Harvard Business Review

SEPTEMBER 6, 2013

For years, the creative side of the company was the top priority, leaving things like finance, IT, and HR to suffer (yes, they tried to run their operations on spreadsheets). Holding roles ranging from chairman to chief innovation and branding officer, he "tended to zoom in and out, creating confusion about who was in charge."

Supply Chain 8

Supply Chain Company Crisis Crisis Management 8

Harvard Business Review

OCTOBER 20, 2014

I know that finance professors at business schools throughout the nation teach MBAs and executives that, for the sake of economic efficiency, a company should “maximize shareholder value.” Through the tax system, business interests that gain from these investments return funds to the government. Social innovation.

Innovation 10

Innovation EPS Incentives Supply Chain 10

Harvard Business Review

OCTOBER 17, 2017

But this single-minded focus can be a major problem when it comes to tackling slow-building, systemic challenges, like global warming, that could take down not just supply chains but, over time, entire economies. Whether in politics, finance, or business, there is growing concern that many leaders have lost their moral compass.

Morale 8

Morale EPS Supply Chain Politics 8

Harvard Business Review

DECEMBER 14, 2016

The younger firms seem to excel in speed, experimentation and delivering a steady stream of innovation. Innovation gets handled centrally, far from the front line. • Move and innovate faster. Too often, senior executive teams favor horizontal, internally focused actions like “building a world-class finance function.”

Commitment 8

Commitment CEO Supply Chain Learning-by-Doing 8

Harvard Business Review

FEBRUARY 2, 2015

Over the course of the evening, 60 people drink red wine and laugh together in the heart of London as they watch an improvisational opera singer sum up the findings of the day: the characteristics of a financial system they would collectively be proud to put their name to. The purpose? It can be a daunting task.

System 8

System Incubator Supply Chain NGO 8

Harvard Business Review

OCTOBER 28, 2013

But those impressive numbers may be eclipsed by a revolution in venture financing that is only being held back by final government approval: start-ups raising actual investment funds from individuals in exchange for equity or a share of profits. How big a deal is this “democratization” of finance? Last week, the U.S.

Disruptive Innovation 8

Disruptive Innovation Finance Venture Capitalist Supply Chain 8