Strategy Driven

FEBRUARY 15, 2019

Every aspect of design thinking is explained and analyzed together with insights on navigating through the process in Part 1 of the book. Design thinking has been recognized as an important means to innovate in the context of developing new products and technologies. The process was messy and non-linear. Michael Tardif.

Creativity 58

Creativity Strategic Planning Construction Politics 58

The Horizons Tracker

JANUARY 19, 2020

Excel, on the other hand, is a super-powerful platform, but you really have to study how to use it. The transition to digital medical records grew apace after the 2009 Health Information Technology for Economic and Clinical Health Act, which saw some $27 billion in federal incentives awarded to help healthcare providers adopt the technology.

System 52

System Health Care Information Technology Incentives 52

Strategy Driven

AUGUST 27, 2015

In order to capture, filter, and analyze huge amounts of unstructured data, an organization needs to leverage the new technologies that include massively parallel processing (MPP) and NoSQL/Hadoop-like (non-relational) database and software frameworks. It is a disruptive paradigm shift that most companies have yet to make.

CIO 50

CIO Technology CRM Competitive Advantage 50

Harvard Business Review

DECEMBER 6, 2012

I'm collectively referring to these process improvement approaches as "Process Strategy 2.0". They stand on the shoulders of the methods of "Process Strategy 1.0": Lean , Six Sigma , and Business Reengineering. Let's explore what Process Strategy 2.0 People weighed in, and then they changed the process.

Process 8

Process Examples Strategy Six Sigma 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. At the same time, powerful new tools are becoming increasingly available to enable real-time strategic decision making.

Strategy 11

Strategy Scenario Planning Scientific Management Supply Chain 11

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? These customers were given perks, privileges and the power to offer certain promotions. The apparent result?

Due Diligence 11

Due Diligence KPI Loyalty Information Technology 11

Harvard Business Review

OCTOBER 22, 2014

The cost of sensors, processing power, and bandwidth to connect devices has dropped low enough to spur widespread deployment. Innovative products like fitness trackers and Google’s Nest thermostats are demonstrating the potential for both consumers and enterprises. Information & technology Internet'

Early Adopters 12

Early Adopters Information Technology Long-term Industry 12

Harvard Business Review

MAY 2, 2012

For example, there was a substantial increase in productivity during the twenty-year stretch from 1980 to 2000, fueled by companies' investments in enterprise-wide information technology. In fact, technology adoption alone, without the accompanying changes in work practices, had little or even a negative impact on productivity.

Productivity 15

Productivity Products Lean Manufacturing Technology 15

Harvard Business Review

APRIL 1, 2015

Priceline’s unique “conditional purchase offer” – which allowed bidders to make low-ball offers which they were bound to honor if accepted – was an innovative solution that taught a big lesson: when underused assets are more fully exploited, everyone can win.

Innovation 8

Innovation Licensing Directory Document 8

Harvard Business Review

APRIL 13, 2016

Such mindsets become further embedded in systems, structures, processes, and cultures that are self-perpetuating. A company’s past is often deeply rooted in its culture, comprising habitual processes, rituals, and belief systems. Incentives are a powerful lever to convince people they need to forget the old ways.

Company 8

Company Licensing Incentives Construction 8

Harvard Business Review

MARCH 9, 2018

GE also went to work on transforming internal processes like sales and supplier relationships. The company’s stock price has languished for years, and CEO Jeff Immelt—a powerful advocate of the company’s digital ambitions—recently departed the company under pressure from activist investors.

Technology 8

Technology Business Model CEO Marketing 8

Harvard Business Review

FEBRUARY 17, 2016

While consumers are free to pick and choose the technology they will buy, the information they will access, and the degree to which they will network and with whom, managers and employees within companies are more constrained by the processes, structures, functions, systems, and technology the company invests in and deploys over time.

Technology 8

Technology CIO Maturity Information 8

Harvard Business Review

DECEMBER 31, 2015

The successful experience illustrates the role that relatively simple technology (e.g., an RFID system) and a multidiscipline team of clinicians and people from other fields can play in improving the quality and cost of care delivery processes and the steps that can ease the way to applying such an approach.

Technology 8

Technology Mayo Health Care Engineering 8

Harvard Business Review

JULY 22, 2014

Among health care leadership, it can have the unintended effect of promoting inaction over change and innovation. As hospitals do more of these expensive and complicated procedures, they’ll figure out how to streamline the process and make it even more profitable. Health Information & technology Innovation'

Health Care 8

Health Care Information Technology Learning-by-Doing Information 8

Harvard Business Review

JUNE 20, 2017

But despite the tools’ power to improve care, most health care institutions are not yet using them. It’s necessary to have a multidisciplinary team, with clinical, analytics, data science, information technology, and behavior change skill sets available from start to finish. Insight Center. Sponsored by Optum.

Health Care 8

Health Care Long-term Tools Information Technology 8

Harvard Business Review

JANUARY 3, 2013

Avis has taken an interesting (and bold) step by acquiring Zipcar, absorbing an innovative but struggling competitor at what is likely to be seen as a bargain price while acquiring a small but desirable customer base and gaining a foothold in the rapidly growing world of collaborative consumption.

Disaggregation 9

Disaggregation Hammer Mass Marketing Gordon 9

Harvard Business Review

SEPTEMBER 29, 2014

With the pace of digital “always on” streaming devices and technology innovation accelerating, one might think technology would continue to pose a challenge for businesses. This is due to constraints like lengthy implementation processes and inflexibility to adapt as business conditions changed.

Banking 8

Banking Hypercompetition Constraint Technology 8

Harvard Business Review

AUGUST 2, 2013

By helping business leaders to improve their businesses, the CIO becomes an obvious candidate to fill any open role that involves technology, process, or strong governance. Others gain new responsibilities in strategy, M&A integration, or innovation. Some CIOs become CIO-Plus-COO or CIO-Plus-Head of Shared Services.

CIO 8

CIO Technology Apparel Information Technology 8

Harvard Business Review

FEBRUARY 18, 2014

For one thing, thanks to a long history of exclusive municipal franchising regulations that didn’t end until 1992, the two companies don’t overlap in any market—TWC customers will become Comcast customers (and get arguably better technology and service in the process), but no local market will see a decline in the number of competitors.

Technology 8

Technology Content Information Technology Franchising 8

Harvard Business Review

JANUARY 31, 2013

Second, we see a raft of innovations that will alter how products are designed, manufactured and sold — everything from nanotechnologies to 3D printing. Then, manufacturing's most important role is as a driver of innovation, trade, and productivity. Innovations Are Changing The Way We Design Products.

Globalization 9

Globalization Supply Chain Pharmaceuticals McKinsey 9

Harvard Business Review

FEBRUARY 24, 2016

But digital technologies are no more strategies than electric power, telephone communications, or any other advanced technology. They are powerful tools that deserve prominent placement in the toolbox. Build your strategy on a foundation of continuous innovations, both new products and new processes.

Agility 8

Agility Technology Project Strategy 8

Harvard Business Review

OCTOBER 23, 2014

It’s only recently, though, that advances in information technology have made it possible for predictive tools to access and manipulate big data, and to do so continuously — accelerating the generation of insights, and opening up opportunities to anticipate issues with unprecedented precision. Health Information & technology'

Health Care 8

Health Care Pharmaceuticals Information Technology Supply Chain 8

Harvard Business Review

JANUARY 20, 2015

Business model innovation is hard. There is another way to make money from business model innovation. To many people, this kind of change doesn’t feel like it’s real business model innovation. For over a century, General Electric has had a focus on product innovation as a key driver of growth. Why is that?

Business Model 8

Business Model Insurance Technology Audience 8

Harvard Business Review

MARCH 28, 2014

For instance, when Henry Ford disrupted the automotive world by building a company that used process assembly at scale to drive down cost, he abandoned the industry held belief that variety was important. Google Glass) which overlays digital information on the physical world around us. Disruptive innovation Technology'

Disruptive Innovation 8

Disruptive Innovation Automotive Software Fixed Costs 8

Harvard Business Review

NOVEMBER 9, 2012

In fact, recent research [PDF] conducted by the CMO Council, suggests that this process should start with the Chief Marketing Officer (CMO) and the Chief Information Officer (CIO). Below are four suggestions for building this power partnership in your company. Find Common Ground.

CIO 8

CIO Chief Information Officer Norton Technology 8

Harvard Business Review

JULY 6, 2016

By doing so, they are testing the limits of the potential power of repurposing online retail innovations that consumers have become accustomed to in varied industries and potentially revamping healthcare in the process. Healthcare innovations like these raise intriguing possibilities. Insight Center.

Health Care 9

Health Care Engineering Retail Technology 9

Harvard Business Review

SEPTEMBER 17, 2014

Predictive analytics is proving itself both powerful and perilous. Powerful, because advanced algorithms can take a near-unlimited number of factors into account, provide deep insights into variation, and scale to meet the needs of even the largest company. bad data), or it may be that the underlying process is unstable.

Tacit Knowledge 10

Tacit Knowledge Information Technology Crisis Trends 10

Harvard Business Review

OCTOBER 28, 2014

A harsher alternative interpretation is that, despite its depth of data and experience, today’s Tesco simply lacks the innovation and insight chops to craft promotions, campaigns and offers that allow it to even preserve share, let alone grow it. Knowledge goes from power to impotence. Or is it probability?

Retail 8

Retail Loyalty Supply Chain Discount 8

Harvard Business Review

APRIL 5, 2018

Over the past few decades, Silicon Valley has been such a powerful engine for entrepreneurship in technology that, all too often, it is considered to be some kind of panacea. We’re now entering a new era of innovation , one that the model doesn’t quite fit, and we will have to develop new approaches to build the future.

Technology 8

Technology Venture Funding Venture Capitalist Entrepreneur 8

Harvard Business Review

MARCH 26, 2012

In the game of innovation, there is next to no time to rest. Once the lines are laid and houses are connected to the grid, it's unlikely that power companies are going to see new entrants. To understand my point, let's think about how big companies have developed scale advantages through information systems.

Porter 12

Porter Competitive Advantage Safe Harbor Efficiency 12

Harvard Business Review

MARCH 22, 2016

states with deregulated power markets) and technologies (e.g., As a technology advisor, the CUO would understand the benefits of different energy innovations and be able to make smart purchasing decisions. Managing utilities has also become more complex as the energy landscape has evolved.

Company 8

Company Management CIO Energy 8

Strategy Driven

DECEMBER 3, 2019

New financial innovations enabled both historic global economic growth and cascading global financial failures. These new capabilities connect to the work we’ve done over the past several decades inside our enterprises to automate processes with tools — such as accounting systems, supply chain, call center, and such.

Agility 65

Agility Banking Supply Chain CTO 65

Harvard Business Review

MAY 16, 2014

And the havoc being wreaked — in higher prices, banned devices, and stifled innovation — is laying waste to the industry landscape. Here’s where the problem has become especially acute for information technology inventions such as smartphones and tablets. Innovation Tech industry Technology'

Outsourcing 9

Outsourcing Software Industry Construction 9

Harvard Business Review

JULY 13, 2012

We should expect good, innovative companies to hire smart, aggressive people who "push the envelope." High-quality, trusted numbers are the result of a well-defined, well-designed, and well-managed process. A full-on push for high-quality data, as described above, is akin to turning a powerful spotlight into the shadows.

Quality 12

Quality Banking Crisis Industry 12

Harvard Business Review

OCTOBER 16, 2012

In all likelihood, data can be used to enhance the functions most essential to a business, but it takes someone who understands both the power of data and the priorities of a business to figure out how. Then the process of extracting those answers begins. Too often, mismatched technologies force algorithms to fly half blind.

Venture Funding 15

Venture Funding Price Technology Tactics 15

Harvard Business Review

MARCH 21, 2016

It was with this in mind that Russell Reynolds profiled executives tasked with digitally transforming long-established firms, who are often chosen to overcome organizational inertia and drive enterprise-wide digital transformation and innovation. And whoever has the data has the power to make strategic decisions. Commitment.

Industry 8

Industry B2C Agility Bureaucracy 8

Harvard Business Review

NOVEMBER 5, 2013

health care are Accountable Care Organizations (ACOs) — networks of doctors, hospitals and usually payers banded together to rein in costs by providing higher quality, better coordinated care, with primary care doctors central to the process. Health information technology will support these new partnerships and foster team-based care.

Health Care 8

Health Care Organization Incentives Metrics 8