Strategy Driven

NOVEMBER 29, 2016

Always at the forefront of innovation, technologies pioneered by the military are often adopted by the commercial sector; companies looking for cyber knowledge or network engineering skills can find this expertise among veterans. Bill Sebra is Chief Operations Executive at Korn Ferry Futurestep. About the Author.

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Agility Pharmaceuticals Self-aware Crisis Management 50

Strategy Driven

JUNE 22, 2018

The more interactions and positive experiences that your customers have with you, the more likely they are to convert from consumer into a brand advocate, and so the message of your brand will spread organically. When your operational and back office processes are aligned you work efficiently and productively. Your business is stable.

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Audience Niche Marketing How To Marketing Strategy 50

Harvard Business Review

SEPTEMBER 21, 2018

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.

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Innovation Short-term Telecommunications Long-term 8

Harvard Business Review

FEBRUARY 29, 2016

Organizations sometimes make catastrophic mistakes. Consider NASA, an organization employing some of the nation’s brightest minds. Some people within the organization had concerns with a component (the O-rings) being affected by low temperatures. Why do organizations forget what they learn, even when stakes are so high?

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Organization McCombs Pharmaceuticals Learning-by-Doing 8

Strategy Driven

JULY 13, 2011

Operating-cost productivity metrics might include the component costs for building an automobile or delivering a package, the rates of rework, and so forth. Pharmaceutical companies have long needed deep scientific-innovation leadership capabilities but relatively few general managers.

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ROIC Balanced Scorecard Metrics McKinsey 62

Harvard Business Review

FEBRUARY 16, 2017

The same is true for social innovators. However, unlike many business leaders, it is easy for social innovators to overlook making an intentional effort to drive demand because the need for their innovation is so great. But even the most needed innovation does not sell itself. Consider that 86 million U.S. A team of U.S.

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Harvard Business Review

FEBRUARY 22, 2011

Editor's note: This post is the first in a three-week series examining innovation in health care, published in partnership with the Advanced Leadership Initiative at Harvard University. Lack of consensus among players in a complex system is one of the biggest barriers to innovation. It's a classic change management problem.

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Health Care Innovation Pharmaceuticals Consensus 15

Harvard Business Review

FEBRUARY 11, 2016

But most organizations aren’t set up for getting the most out of non-traditional employment relationships. In this excerpt from their book, Agile Talent , Younger and Smallwood explain how to align your organization with the needs and expectations of a workforce that is increasingly external, project-based, and flexible.

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Agility Organization Resources Fixed Costs 8

Harvard Business Review

SEPTEMBER 14, 2011

We recently visited the brand-new R&D lab of Dr Reddy's , one of India's leading pharmaceutical firms. Besides Dr Reddy's, several leading Indian firms are pioneering polycentric innovation: Tata Motors. Polycentric innovation won't work in organizations that promote groupthink. Cambridge, U.K.

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Globalization Innovation Decentralization Chemicals 9

Harvard Business Review

AUGUST 5, 2013

A pharmaceuticals company we''ve been studying decided to deploy more than 20,000 iPads and other mobile devices to the global sales force to improve its engagement with doctors in emerging and developed markets. The impact on the company''s IT organization has been significant. This is giving rise to a schizophrenic IT organization.

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Organization CIO Compliance CRM 8

Strategy Driven

JANUARY 24, 2011

StrategyDriven effective executives, efficient employees Home About The StrategyDriven Organization Our Company Our Contributors Karen K. If an organization can’t get things done, nothing else matters – not the smartest strategy, not the most innovative business model, not even game-changing technology. Juliano Howard T.

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Execution Company 360-Degree Feedback Cooper 68

Harvard Business Review

JUNE 8, 2015

Pharmaceutical companies, buffeted by regulatory changes, new drug technologies that alter entry barriers and competition, price pressures, and an estimated 300,000 job cuts since 2000, seem to fit the popular narrative of large organizations unable to deal with disruptive forces.

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Health Care Venture Capitalist Strategic Fit Pharmaceuticals 8

Harvard Business Review

OCTOBER 26, 2017

“He that will not apply new remedies must expect new evils; for time is the greatest innovator,” stated Francis Bacon. As with many clusters, a university sits at its center: founded in AD 1088, the Studium of Bologna was the major educational innovation of Europe’s second millennium. How did the city make the leap?

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Education Pharmaceuticals Innovation Industry 8

Harvard Business Review

OCTOBER 6, 2016

In a Deloitte study of 7,000 organizations this year, 89% of executives rated “ strengthening the leadership pipeline ” an urgent issue. Organizations are continuously promoting people into management, and those new leaders struggle with the transition. It’s not that development itself isn’t important.

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Leadership Pipeline Leadership After Action Review Pharmaceuticals 9

Harvard Business Review

JUNE 20, 2017

For organizations seeking to become more adaptive and innovative, culture change is often the most challenging part of the transformation. Innovation demands new behaviors from leaders and employees that are often antithetical to corporate cultures, which are historically focused on operational excellence and efficiency.

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Company Agility Innovation Learning-by-Doing 14

Harvard Business Review

JUNE 27, 2012

Paul is an old friend who, until his recent retirement, worked as a senior scientist at a pharmaceutical company, where he managed a group of innovative researchers. Organizations work best when there is harmony among units, not simply uniform practices. Paul and his team were able to thrive and contribute to the organization.

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COO Short-term Pharmaceuticals Innovation 11

Harvard Business Review

JANUARY 24, 2012

Across organizations, nearly every survey suggests that the vast majority of employees don't feel fully engaged at work, valued for their contributions, or freed and trusted to do what they do best. That's a tragedy for millions of people and a huge lost opportunity for organizations.

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Meyer Goleman Emotional Intelligence Pharmaceuticals 14

Harvard Business Review

FEBRUARY 6, 2018

Consider its decision to pursue the market for pharmaceutical distribution, or the recent announcement that it will be teaming up with Berkshire Hathaway and JP Morgan Chase to create joint solutions for reducing the health care spending of more than 1 million employees and their families.

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Health Care Retail Operations Insurance 8

Harvard Business Review

DECEMBER 18, 2014

It used to be that hospitals and health systems operated as islands, selecting and purchasing medical supplies, devices and medications in isolation, and keeping their operational and leadership practices to themselves. While collaboration is always challenging, the health care benefits are by now clear.

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Health Care Retail Mayo Pharmaceuticals 8

Harvard Business Review

OCTOBER 25, 2018

How can an organization tell whether it’s actually letting data inform its decision making — or if it’s merely using superficial analyses to retroactively justify decisions it has already made? Once an organization has identified its purpose, it should conduct a comprehensive survey of what it already knows to be true.

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How To Pharmaceuticals Process Objective 9

Harvard Business Review

APRIL 2, 2018

health care system, ranging from expensive imaging for benign medical conditions to routine pre-operative testing before low-risk surgeries like cataract surgery. Innovators developing new drugs, devices, and procedures should look beyond profits alone and incorporate the need to add value into their investments.

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Health Care Insurance Pharmaceuticals Incentives 8

Harvard Business Review

SEPTEMBER 5, 2016

More people are working in big, bureaucratic organizations than ever before. Yet there’s compelling evidence that bureaucracy creates a significant drag on productivity and organizational resilience and innovation. In the organization of 12,000 associates, there are only three levels. Juan Díaz-Faes for HBR.

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Cost Bureaucracy GDP Management 8

Harvard Business Review

JUNE 16, 2016

The truth is that some of the problems we face today are simply too big and complex to be solved by any one organization. To bridge that gap, new organizations have risen up that build on the original SEMATECH model to solve our toughest problems. Innovating the Innovation Process. The Valley of Death.

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Technology Venture Capitalist Supply Chain Innovation 8

Harvard Business Review

JANUARY 8, 2013

Breaking down functional silos is key to everything from encouraging communication to building valuable connections to sparking innovation. arm of pharmaceuticals manufacturer Boehringer Ingelheim (BIPI). "The But, as we all know, bridging interdepartmental chasms is far easier said than done.

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Company Pharmaceuticals Health Care Participative 8

Harvard Business Review

MAY 28, 2015

Instead, according to new research from the Center for Talent Innovation (CTI), the fundamental issue is the health care industry’s failure to develop a nuanced understanding of, and commitment to, women as consumers and decision makers. What is the greatest impediment preventing Americans from getting good health care?

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Health Care Industry First-mover Advantage Market Segmentation 8

Harvard Business Review

OCTOBER 24, 2017

These have forced AirBnB, Tesla, and Uber to make costly concessions to their operating practices or to exit certain markets altogether. Organized demonstrations of support by stakeholder groups can send a powerful signal to policymakers. Partner organizations. How can new firms overcome the regulations that protect incumbents?

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Licensing Proposal Retail Long-term 8

Harvard Business Review

DECEMBER 5, 2016

Library leaders knew that given the immense changes brought on by digital innovations, as well as shifts in the communities that the Library served, it would need to evolve. These diverse groups of volunteer employees work across organizational boundaries and outside of their regular operational duties. in less than five years.

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Library Strategy Reference Bottom-up 8

Harvard Business Review

JUNE 14, 2017

How the most innovative providers are creating value. The bulk of HCIT investment supports startups that sell data — clinical or operational information that is otherwise difficult for clients to obtain or to organize. Sponsored by Optum. Yet too many HCIT providers are still pursuing that data-centric advantage.

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Health Care Levitt Competitive Advantage Pharmaceuticals 8

Harvard Business Review

FEBRUARY 4, 2013

Our research with members of the global C-suite, and with leading sustainability and innovation experts, has identified seven vectors of breakthrough change. Perhaps surprisingly, two leading examples come from pharmaceutical companies. Governments, investors and the social innovation sector should support them to the hilt.

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EPS Innovation CEO Pharmaceuticals 8

Strategy Driven

MARCH 18, 2011

Organizations that are clear-minded about where and how they participate in a market spend less on those capabilities that are not competitively differentiating. These organizations move in lockstep, because everyone understands what’s important. Companies today operate in a business environment that encourages incoherence.

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Resources Industry System Strategy 53

Harvard Business Review

JUNE 23, 2016

A global pharmaceutical company was about to lose the strategic advantage of several blockbuster drugs coming off patent. But the problem of getting different parts of organizations to talk meaningfully with one another is old. The only questions the circle should avoid are what to do about current operational problems.

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Leadership Diversity Committee Long-term 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.

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Globalization Supply Chain Pharmaceuticals McKinsey 8

Harvard Business Review

DECEMBER 23, 2016

” Members from each partner organization rate the alliance in areas related to strategic fit, operational fit, and cultural fit. These design differences have significant resource implications for both organizations. Heat degrades the substrate of innovation, while light catalyzes it.” Here’s an example.

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Productivity Products Survey Strategic Fit 8

Harvard Business Review

OCTOBER 13, 2014

Why do organizations so often introduce such new initiatives without thinking about this step? Together, confirmation bias and the escalation of commitment lead organizations to refrain from evaluating changes because the key decision makers feel (erroneously) that they already know that the changes are good ones. Maybe or maybe not.

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Flextime Call Center Human Resources CRM 8

Harvard Business Review

MAY 10, 2013

In the early stages, incubation and launch, historically venture capitalists and angels (in addition to the "friends, families and fools" beloved of the entrepreneurship literature) have provided seed funds for organizations to develop an idea. Competition Disruptive innovation Strategy' So we are left with a quandary.

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Venture Capitalist Restructuring Competitive Advantage Short-term 8

Harvard Business Review

FEBRUARY 10, 2014

Back in 2006, my colleague Huggy Rao and I launched an executive education program at Stanford called “Customer-focused Innovation.” They described it as the biggest obstacle to building a customer-focused organization. This was the challenge that pervaded their comments and questions. They must be streamlined or eliminated.

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Case Study Pharmaceuticals Airlines Hotels 8

Harvard Business Review

NOVEMBER 1, 2017

We studied Omada’s program as part of our Harvard Medical School initiative to identify and share knowledge about innovative approaches to major health challenges that primary care providers play the lead in treating. The course usually consists of weekly sessions during the initial four months.

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Health Care Participative Wireless Pharmaceuticals 10