Remove 2005 Remove 2011 Remove Innovation Remove Operations
article thumbnail

India Remakes Global Innovation

Harvard Business Review

In 2008, Dr Reddy's acquired Chirotech, Dow Chemical's R&D unit, for $32 million, and in April 2011 relocated it to a new 33,000 sq. 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.

article thumbnail

Innovating Around a Bureaucracy

Harvard Business Review

What do you do if you're a leader in a large, successful organization with an entrenched bureaucracy, and you see the need for innovation? Consider the story of the Business Transformation Agency of the Department of Defense, which was founded in 2005 under Defense Secretary Rumsfeld, and "disestablished" in 2011 by Defense Secretary Gates.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What the EPA’s Clean Power Plan Looks Like in Practice

Harvard Business Review

.” Policies such as the new EPA proposal, which would establish firm limits on carbon pollution from power plants, will only help accelerate these much-needed market innovations. After all, the power sector is already halfway toward meeting its 2030 target of 30% below 2005 CO2 emissions levels. The program delivered $1.6

Power 8
article thumbnail

The Comprehensive Business Case for Sustainability

Harvard Business Review

This can disrupt a firm’s ability to operate on schedule and budget. Of the respondents, 72% said that climate change presents risks that could significantly impact their operations, revenue, or expenditures. Fostering innovation. Investing in sustainability is not only a risk management tool; it can also drive innovation.

article thumbnail

Why America Is Losing Its Entrepreneurial Edge

Harvard Business Review

The rate of business formation in 2011 was almost half of what it was in 1978, with the rate of dissolution somewhat higher than the past couple decades. This paper by the Richmond Fed shows how from 1960 to 2005, the U.S. Much of this is driven by the needs of the financial sector, which itself has consolidated massively.

article thumbnail

A Story from Google Shows You Don’t Need Power to Drive Strategy

Harvard Business Review

Brian Fitzpatrick joined Google as a senior software engineer in 2005, shortly after the company’s IPO. Their crowning achievement was a service launched in 2011 called Google Takeout, a unified site for exporting user data from multiple services like Gmail and Google Photos.

article thumbnail

Fixing the World's Infrastructure Problems

Harvard Business Review

How well they''re built and operated is crucial to economic growth and is a key arbiter of an economy''s competitiveness — and yet, virtually every economy faces an array of infrastructure challenges. In Jakarta, from 2005-2009, the number of cars rose by 22% annually, while the distance of usable roads actually declined (PDF).