Strategy Driven

JUNE 8, 2016

Can nuclear plants be operated competitively in today’s market? Since 2013, utility executives have announced the early retirement of twelve reactors and Wall Street estimates reveal another dozen to be at risk; raising the question: Can nuclear plants be operated competitively in today’s market? For over 30 years, U.S.

Payback Period 50

Payback Period Power Chief Executive Officer Supply Chain 50

Strategy Driven

DECEMBER 15, 2015

Previous to our technological advancements, the only way businesses could manage their multiple consumer platforms, numerous transactional tasks, and recover from data emergencies was to outsource to a variety of vendors. Drive Innovation. Engage Customers. It is how people communicate, work, and connect. About the Author.

Strategy 50

Strategy Outsourcing Process Technology 50

Strategy Driven

FEBRUARY 10, 2016

In the recent past, businesses had only external, third party vendors to rely on for major projects, operational emergencies, and other labor-intensive initiatives that required resources they did not have. One rising area that is having a critical mass impact in every industry is the robotics space.

Engineering 50

Engineering Process BPM Taylorism 50

Harvard Business Review

SEPTEMBER 21, 2023

It is an opportune time for SME manufacturers to upgrade their operations by investing in new software and manufacturing innovations. The reasons include pressures on OEMs to build more resilient supply chains and to regionalize production and the falling cost and increasing ease of use of new technologies.

Supply Chain 18

Supply Chain Software Technology Operations 18

LDRLB

MAY 26, 2014

The most recent being Big Bang Disruption: Strategy in the Age of Devastating Innovation. Paul Nunes and I have known each other for many years, and we’ve both been writing about the subject of disruptive innovation from different vantage points and different angles. DAVID: Yeah. You call it this big bang disruption.

Early Adopters 60

Early Adopters Rogers Disruptive Innovation Innovation 60

Harvard Business Review

MARCH 15, 2012

Would you look to your information technology organization for ways to improve customer service? David Bogaerts and Jael Schuyer are process improvement experts (" Lean Master Black Belts " and "Agile coaches") in the IT and operations group at ING , a leading bank based in the Netherlands. Probably not. How are they doing it?

Process 13

Process Innovation Agility Insurance 13

Harvard Business Review

OCTOBER 4, 2012

Executives never reach the pinnacle of their industry by consistently taking timid action. So why, despite all the evidence to the contrary, do we see so many corporations dip their toes into the pool of innovation instead of diving in? With the right approach, innovation at a big company is realistic. In 1984, Apple Inc.

Innovation 15

Innovation Company Technology Commitment 15

Strategy Driven

JULY 27, 2017

It renews interest in their task and keeps them engaged with your operation. If your business operates in the retail sector, you should invest in sales technique training. Information technology skills are highly relevant to any business. On-going training is a vital element of this.

Training 56

Training Budgeting Bottom-up Long-term 56

Harvard Business Review

MARCH 2, 2018

The healthcare industry has long relied on traditional, linear models of innovation – basic and applied research followed by development and commercialization. This model isn’t just about getting greater patient feedback during the innovation process. Innovation Centers. Bogdan Dreava/EyeEm/Getty Images.

Health Care 8

Health Care Innovation Mayo Stage-Gate 8

Harvard Business Review

APRIL 20, 2016

You hear a lot about “agile innovation” these days. Borrowing many of the HBR article’s key ideas and filling in specific operational practices, Sutherland created a new way of developing software; honoring the rugby imagery, he dubbed his approach “scrum.” The Information Age was exploding.

Agility 8

Agility Nonaka Takeuchi Innovation 8

Harvard Business Review

JUNE 18, 2014

Google has asserted that this will adversely affect innovation, but those claims are premature. Corporations need to see privacy as another market ripe for innovation, one that can yield global profits, because adapting to EU concerns means extending your market reach across the world. Information & technology Innovation'

Innovation 8

Innovation Safe Harbor Compliance Information Technology 8

Harvard Business Review

MARCH 21, 2016

Every year, Russell Reynolds Associates surveys more than 2,000 C-level executives on the impact, structure, barriers, and enablers of digital technologies across 15 industries. The most disrupted industries typically suffer from a perfect storm of two forces. They are less affected, but not immune.

Industry 8

Industry B2C Agility Bureaucracy 8

Harvard Business Review

JULY 19, 2017

Dealing with today’s digital disruption begins by understanding how it differs from past industry changes. After all, stories of the end of our industry as we know it have been a trade press staple for decades. No industry is immune. A few key elements distinguish this era of change from the past.

Technology 8

Technology Industry GDP Content 8

Harvard Business Review

JULY 29, 2015

Transportation is one of the world’s largest industries. The names in the industry are global brands – BMW, Ford, Daimler. Yet despite its size and stature, it’s also an industry in the midst of transformation. Information technology, however, is one of those industries.

Industry 8

Industry Transportation Automotive Software 8

Strategy Driven

NOVEMBER 24, 2010

Bob Smith (not his real name), source of the quote and Chief Operating Officer at Otis Elevator, knows that elevators tend to remain well under the radar screen until they break. The case instructs students in the value of deconstructing an industry into its component parts.

Magazine 66

Magazine Chief Operating Officer Newsletter Objective 66

Harvard Business Review

OCTOBER 4, 2012

Executives never reach the pinnacle of their industry by consistently taking timid action. So why, despite all the evidence to the contrary, do we see so many corporations dip their toes into the pool of innovation instead of diving in? With the right approach, innovation at a big company is realistic. In 1984, Apple Inc.

Innovation 8

Innovation Company Technology Commitment 8

Harvard Business Review

MARCH 2, 2015

In 2012, Congress gave the FAA until 2015 to develop rules for military, commercial, and privately-owned drones to operate in U.S. In many industries, drones are poised to generate what Paul Nunes and I call Big Bang Disruptions, with the FAA itself estimating $100 billion in new business growth.

Transportation 8

Transportation Proposal Technology Press Release 8

Harvard Business Review

AUGUST 21, 2013

In order to see the future more clearly, it''s almost always helpful to look back — and this certainly goes for IT and its ever-increasing impact on operations, and ultimately on competitive advantage. Information Technology Changes the Way You Compete" was a trailblazing HBR article by Warren McFarlan back in the early 1980s.

Competitive Advantage 8

Competitive Advantage Management Information Technology Airlines 8

Harvard Business Review

AUGUST 16, 2013

Recent, well-documented examples include Progressive Insurance''s use of predictive modeling in the property and casualty insurance space and the many industrial manufacturing companies that are generating almost all their margin and profit from after-sale, value-added services based on information generated by embedded sensors.

Enterprise Architecture 8

Enterprise Architecture CIO Horizontal Integration Information Technology 8

Harvard Business Review

AUGUST 26, 2013

With a tsunami of new digital technologies all converging simultaneously — social, mobile, cloud, analytics and embedded devices — there has been, once again, a cry for corporate IT to radically change to enable the digital transformation of businesses. I don''t care what industry you''re talking about.".

CIO 8

CIO CTO Operations Technology 8

Harvard Business Review

SEPTEMBER 30, 2014

Digital technology is the biggest agitator of the business world today. Mobile technology, social media, cloud computing, embedded devices, big data, and analytics have radically changed the nature of work and competition. And digital innovations will continue to do so for the foreseeable future. Digital transformation is.

Management 9

Management Drucker Technology Information Technology 9

Harvard Business Review

JULY 27, 2015

companies were making progress on the operations front, but now they seem to have lost their way—and business schools are in a position to help set them right again. And in the 1990s, our companies began to learn more from innovations at home, particularly in the area of high-performance work systems. A few decades ago, U.S.

Lean Production 8

Lean Production Operations Health Care Talent Management 8

Harvard Business Review

MAY 14, 2013

Just as America''s visa rules enabled the rapid growth of India''s information-technology companies over the last two decades, the Obama Administration''s recent drive to reform immigration regulations could prove to be a turning point for them. In the same way, India''s information technology giants must bite the bullet today.

Offshoring 8

Offshoring Information Technology Automotive Technology 8

Harvard Business Review

JANUARY 20, 2015

What, another clarion call urging executives to fundamentally rethink their business models through digital technology? Many such bulletins focus on radically changing the nature of competition in an industry, as Apple did for music and Uber did for taxis. Business model innovation is hard. Why is that?

Business Model 8

Business Model Insurance Technology Audience 8

Harvard Business Review

NOVEMBER 25, 2013

What happens to innovation and segmentation when serious organizations are challenged to assimilate and integrate 10X, 100X or 1000X more information about customers, clients, prospects and leads? Customers Decision making Information & technology' Should management refine and dig deeper into existing 80/20 KPIs?

Due Diligence 11

Due Diligence KPI Loyalty Information Technology 11

Harvard Business Review

NOVEMBER 22, 2017

The acceleration of digital technology has enabled the disruption of many disparate industries. Generate high-quality imaging, laboratory, and operational data. Operationalize digital innovations while focusing on effective change management to ensure buy- in from clinical and non-clinical staff.

Health Care 8

Health Care Content Power GDP 8

Harvard Business Review

APRIL 5, 2018

The Silicon Valley model, for all of its charms, was developed at a specific time, for a specific industry, which was developing a specific set of technologies. While it can offer valuable lessons for other industries and other problems, the model is not universally applicable. This is a dangerous mindset.

Technology 8

Technology Venture Funding Venture Capitalist Entrepreneur 8

Harvard Business Review

OCTOBER 6, 2014

And so the power of incumbency, firm competencies, and market share is giving way to the ability to engage across companies and industries, innovate, individualize, and deliver. One can easily imagine Amazon and other like-minded companies building out more and more tech-enabled strategic and operating capability—linking the pieces.

Strategy 9

Strategy Scenario Planning Scientific Management Supply Chain 9

Harvard Business Review

JANUARY 31, 2017

While some have invested significantly in technology, operational, and cultural changes, others are lagging behind. billion, including most major firms in the manufacturing, consumer packaged goods, financial services, and retail industries. Other financial and operating indicators showed similar disparities.

Company 8

Company Operations Human Capital Business Model 8

Harvard Business Review

NOVEMBER 4, 2014

According to CIO Dieter Haban , whose team identified the idea and led product development, “the innovation combines telematics, mobility, central mission control, big data analytics, and a seamless process from the truck to the driver, fleet manager, and ultimately to an authorized service outlet.”. This cuts down the time tremendously.”

Engineering 8

Engineering CIO Disruptive Innovation Uncertainty 8

Harvard Business Review

NOVEMBER 4, 2014

According to CIO Dieter Haban , whose team identified the idea and led product development, “the innovation combines telematics, mobility, central mission control, big data analytics, and a seamless process from the truck to the driver, fleet manager, and ultimately to an authorized service outlet.”. This cuts down the time tremendously.”

Engineering 8

Engineering CIO Disruptive Innovation Uncertainty 8

Harvard Business Review

MARCH 28, 2014

Unfortunately, Zuckerberg’s “platform” reference has elicited many comparisons of Oculus to Google’s purchase of Android , the company that would provide Google with its own smartphone operating system. When Legalzoom decided to attack the overpriced industry of law, they used software systems to automate the provisioning of legal documents.

Disruptive Innovation 8

Disruptive Innovation Automotive Software Fixed Costs 8

Harvard Business Review

MARCH 31, 2017

Ash Gupta is President of Global Credit Risk and Information Management at American Express, and Guy Peri is Chief Data Officer and Vice President of Information Technology at P&G. How it will impact business, industry, and society. Their fundamentally sound innovation practices provide a foundation for evolution.

Supply Chain 8

Supply Chain Technology System Early Adopters 8

Harvard Business Review

JUNE 18, 2015

The Future of Operations. The technologies and trends shaping tomorrow’s businesses. At a time when the customer end of the business model seems to be getting all the attention, executives must not neglect the equally important operations back end. This will inevitably have a significant impact on operations.

System 8

System Enterprise Architecture Agility Operations 8

Harvard Business Review

JULY 4, 2012

I believe, though, that it is at the enterprise level that mobile could truly become a game changer for Africa , enabling the building of massive fortunes, and perhaps even the much anticipated recycling of innovation from Africa to the West. The focus on consumers up to now has been perfectly understandable. What do we have here then?

CIO 14

CIO Information Technology Bottom-up Policies 14

Harvard Business Review

JULY 22, 2014

Among health care leadership, it can have the unintended effect of promoting inaction over change and innovation. health care food chain need to loosen their grip on the industry by focusing on what they do best. Access to data and information will improve health care by facilitating deductive problem solving—the mother of innovation.

Health Care 8

Health Care Information Technology Learning-by-Doing Information 8

Harvard Business Review

DECEMBER 4, 2013

They’re destined to transform the “Internet of Things” from a post-industrial aspiration to a trillion-dollar sector. How might Kickstarter-like innovation initiatives facilitate new conversations and collaborations between clients and employees? Information & technology Leadership Social media'

Management 8

Management Supply Chain CIO Core Competence 8