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Avoid the Deadly Temptations that Derail Innovators

Harvard Business Review

Any promising new initiative — a stand-alone business venture or an innovation in an established organization — hits roadblocks and unexpected obstacles. Recently I''ve advised entrepreneurs and innovators about a different, seemingly better, dilemma: pop-up opportunities that look like short cuts to success.

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How Big Business Created the Politics of Anger

Harvard Business Review

They transfer money away from public treasuries and wage earners to provide a short-term incremental benefit that does nothing to improve the company’s long-term prospects. But neither should they make capital-allocation decisions without regard to the long-term consequences for their own success.

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The Best Companies Know How to Balance Strategy and Purpose

Harvard Business Review

Today, broadcast and cable television, print journalism, taxi cabs, and (over the longer term) oil and gas are among the industries facing formidable challengers determined to co-opt their purpose. That purpose is bigger than the company itself, providing natural cohesion, and it demands expansive thinking, driving innovation and progress.

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In 2014, Resolve to Make Your Business Human Again

Harvard Business Review

And short-term numbers at that. Worshipping at what Christensen calls the “church of finance” hollows out a company’s competitive advantage, as it loses the capacity to invest in innovation that drives the perpetual reinvention so necessary in today’s world of temporary competitive advantage. Innovation Leadership Strategy'

Levitt 10
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Water's Economics as Muddy as Ever

Harvard Business Review

And it's not a short-term problem, either. With such imprecision in the marketplace, companies must take it upon themselves to identify long term risks, quantifying the true value of water in order to steer clear of long-term hazards. Much of the leading work in understanding water risk has come from Coca-Cola.

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Business Competition Has Not Gotten Fiercer

Harvard Business Review

Barriers to entry are withering, innovations are easily copied, and disruption is everywhere. As Michael Porter argued a long time ago , the simplest measure of competition is profitability. It’s become part of the conventional wisdom. The macro numbers tell a very different story. Just look at what’s happened to workers.

Sull 8
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Creating Shared Value vs. Leveraged Social Programs

Harvard Business Review

Michael Porter and Mark Kramer, writing in HBR ( December, 2006 and January-February, 2011 ), advance the idea of creating shared value by developing strategies and policies that enhance the competitiveness of the company while advancing social and economic conditions of the community.

Brand 14