Remove 2013 Remove Innovation Remove IPO Remove Operations
article thumbnail

How Google Has Changed Management, 10 Years After its IPO

Harvard Business Review

If you only read one piece, make it this one by David Garvin in 2013 , on how Google sold its engineers on management. To do so, it had to come up with a brand of management all its own, centered around “people analytics,” a quantitative approach to hiring and operations. How Google innovates. How Google manages.

IPO 14
article thumbnail

Why Unicorns Are Struggling

Harvard Business Review

When financial services company Square priced its IPO at $9 a share last November, well under the $15+ price that private investors paid the year before, it was a cold shower of reality for the 6-year-old company. Until the IPO, Square had been one of more than 130 unicorns: privately owned tech companies valued at $1 billion or more.

IPO 8
Insiders

Sign Up for our Newsletter

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

article thumbnail

A Simple Way to Test Your Company’s Strategic Alignment

Harvard Business Review

For example, as it grew, Facebook found that its early “move fast and break things” culture had to be funneled into focused technical teams and product groups to make its product development process faster and less erratic, and for it to have a chance of meeting the demands of its new public shareholders following its IPO.

Banking 14
article thumbnail

Every Fast-Growing Company Has to Combat Overload

Harvard Business Review

Founded in 1966, Norwegian quickly became an innovator in its field as the first company to offer round-trip cruises that nearly anybody could afford. In 2000, with more than $100 million in negative cash flow, the company agreed to be acquired by Star Cruises, a leading cruise operator in Asia. An innovator? Customer-focused?

Company 10
article thumbnail

What Initial Coin Offerings Are, and Why VC Firms Care

Harvard Business Review

Rather than tying up vast amounts of funds in a unicorn startup and waiting for the long play — an IPO or an acquisition — investors can see gains more quickly, and can pull profits out more easily, via ICOs. Most made their money early on by buying or mining bitcoin when it was still under $10 (in the early days of 2011-2013).

article thumbnail

60 Countries’ Digital Competitiveness, Indexed

Harvard Business Review

They have deep resources for innovation with the ability to accelerate the penetration and adoption of digital products. In 2013 85% of the world’s transactions were in cash. Innovation and change. They are leaders in driving innovation, building on their existing advantages in efficient and effective ways.

article thumbnail

How Israeli Startups Can Scale

Harvard Business Review

Frequently cited as one of the world’s most vibrant innovation hubs, Israel boasts more startups per capita than any other country in the world. As a result, tech-sector employment has declined as a percent of the workforce, from 11% in 2006–2008 to 9% in 2013. In 2014, for example, 18 IPOs raised a record-breaking $9.8