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A Brief History of the Ways Companies Compete

Harvard Business Review

This was the original purpose of forming corporations — to facilitate the production of products and services with the least amount of wasted time, materials, and labor. Many companies still compete this way and there continue to be successors to Taylorism, including business process reengineering and lean production.

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Founding a Company Doesn’t Have to be a Big Career Risk

Harvard Business Review

The most important way to mitigate risk is to become excellent at either engineering, product, selling, or operations and management. Lean Product Development and Customer Development processes) decreases the chance of a startup’s failure. Develop deep expertise — your best risk-mitigation strategy .

Career 8
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Does Your Leadership Flunk the Testing Test?

Harvard Business Review

The organizational and operational benefits of targeted testing are not. When I've seen individuals, project teams and organizations humiliatingly — and expensively — fail at innovation, the odds are they overinvested in sophisticated analyses and underinvested in simple tests. These pathologies are nothing new.

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Why American Management Rules the World

Harvard Business Review

Over the past decade, a team from Harvard Business School, London School of Economics, McKinsey & Company, and Stanford has systematically surveyed global management. We have developed a tool to measure management practices across operational management, monitoring, targets, and people management. does not guarantee success.

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Britain’s Patient-Safety Crisis Holds Lessons for All

Harvard Business Review

As we in the United States juggle major structural and operational changes and try to secure our financial systems as revenues fall, we must keep our promise of safety and high quality to every patient, every time. We need to pay attention to our systems for building effective teams to execute on work and improve.

Crisis 9
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India’s Secret to Low-Cost Health Care

Harvard Business Review

costs by using practices commonly associated with mass production and lean production. By focusing only on the most technical part of an operation, doctors at these hospitals have become incredibly productive — for example, performing up to five or six surgeries per hour instead of the one to two surgeries common in the U.S.

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The Coherent Conglomerate

Harvard Business Review

A conglomerate, by definition, is a large corporation with diversified product lines , owned and run by the same management. You might be tempted to start by force-fitting your biggest and best capabilities to all your products and services. But that probably won't work. There is no universal answer.

Welch 8