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Stress Test Your Company’s Competitive Edge with These 4 Questions

Harvard Business Review

This “insourcing” of household chores hurt many of the small , service-oriented businesses that had previously handled these tasks. Despite being a leader in the mobile phone market with a market share of over 40%, Nokia experienced a dramatic decline that led to a sale of its mobile phone business to Microsoft in 2013.

Stress 10
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Cutting Costs Without Cutting Corners: Lessons from Banner Health

Harvard Business Review

With these rules in place, 8 cross-functional teams—each composed of middle managers, a consultant guide, and a sponsor from the leadership team—were formed. Finally, the leadership team, in partnership with Booz & Company, invited people from across the system to collaborate in cost reduction.

Cost 8
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Building a Software Start-Up Inside GE

Harvard Business Review

It made a massive investment (more than $1 billion) to build a software “ Center of Excellence ” in San Ramon, California to manage the data explosion created by the increasing intelligence of its industrial machines. Melody Ivory , a User Experience Product Manager, told me, “I was about employee number 30 in February 2012.