Harvard Business Review

DECEMBER 30, 2014

Call 2014 the year of innovation. Google Trends reveals that interest in disruptive innovation crept up to peak levels this year. It seems that every time you hop on a quarterly earnings call, the CEO mentions innovation. If innovation is the foundation to building the future, this focus should be reassuring.

Long-term 10

Long-term Innovation Company IPO 10

Harvard Business Review

MAY 14, 2015

There is one best way to get big projects done. To create the conditions that support innovation, leaders need to build connections across companies, industries, and sectors. Those left out of that early process delayed the project for years. Classic leadership lessons apply. Enter a coalition.

Project 8

Project Transportation Construction Automotive 8

Harvard Business Review

JUNE 26, 2017

In our experience, managers tend to focus their innovation efforts on processes that are either large in scale (new products and business models ) or swift in development (hackathons, rapid prototyping, or emerging platforms). But there’s also another type of innovation that is more gradual and smaller in scale.

Innovation 8

Innovation Long-term Trends Budgeting 8

Harvard Business Review

JUNE 20, 2016

Within an enterprise, this means balancing the demands of current operations while laying the groundwork for future opportunities, as well as reviewing past activities and policies that may be holding back your organization. Continuously reinventing your organization doesn’t mean you have to start from scratch with each new innovation.

Innovation 9

Innovation Company Engineering Technology 9

Harvard Business Review

JANUARY 6, 2014

My fellow HBR blogger Bill Taylor recently made a pitch for all of us to stop using the word “innovation” in 2014. What can be done, in the spirit of Bill’s admonishment, is to stop getting tangled up in all of the variations, nuances, tools, techniques, models, frameworks, and paradigms of innovation.

Innovation 8

Innovation Incubator Taylorism Taylor 8

Harvard Business Review

OCTOBER 2, 2014

It’s not easy for big companies to innovate. Moreover, the skills that are cherished and rewarded for achieving current results differ from those that aid in discovery and experimentation, both of which are needed to drive innovation. First they agreed to shift funding from small, incremental acquisitions to innovation.

Innovation 9

Innovation Metrics Christensen Workshop 9

Harvard Business Review

FEBRUARY 17, 2016

This kind of innovation is almost a textbook example of frugal innovation. What’s more, many of the innovations originate in relatively poor, underdeveloped regions or are designed to serve low-income customers, which means that the innovators have no choice but to be frugal.

Cost 8

Cost Globalization Innovation Banking 8

Harvard Business Review

OCTOBER 13, 2015

In late 2014, he joined forces with two other leaders in the space, Bryan Mazlish and Jeffrey Brewer, to form a technology startup called Bigfoot Biomedical. That passion not only fuels innovation, but it also brings together communities that have common hopes and challenges, and are willing to float ideas and resources.

Innovation 8

Innovation Company Business Model System 8

Harvard Business Review

JUNE 15, 2016

Atis began to work on the issue as a side project. In order to support corporate hackers like Atis and Windham and foster internal innovation, companies need to identify these individuals and understand what makes them tick. Windham recently won Stanley Black & Decker’s Breakthrough Innovation award. The prize?

Bureaucracy 8

Bureaucracy Innovation Brand Competitive Advantage 8

Harvard Business Review

APRIL 4, 2014

The Federal Reserve is projecting GDP growth of 2.8 to 3 percent in 2014 (U.S. Economic Outlook for 2014 and Beyond, January 13, 2014, About.com), and our own research , “CEO Briefing 2014 –The Global Agenda: Competing in a Digital World,” found widespread optimism in the C-Suite about companies’ growth prospects.

Efficiency 8

Efficiency Maturity Strategic Planning Business Model 8

Harvard Business Review

OCTOBER 20, 2016

Microsoft ended the 20 th century owning over 95% of the operating systems that ran on computers (almost all on desktops). They had lots of these projects. Projects not directly related to those activities never got serious resource or management attention. Apple has autonomous car projects and AI-based speakers in the works.

CEO 8

CEO Supply Chain Long-term Short-term 8

Harvard Business Review

AUGUST 20, 2014

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. Earlier this year, Google’s SVP of People Operations, Laszlo Bock, wrote about its latest “people analytics” experiment. How Google innovates.

IPO 14

IPO Management Engineering Innovation 14

Harvard Business Review

AUGUST 22, 2014

They knew the answer was not by relying on traditional internal processes and practices for R&D and innovation. IBM, a company with a long and successful tradition of internally-focused R&D activities, is adapting to this new world of creating platforms and enabling open innovation.

Venture Funding 14

Venture Funding Entrepreneur Agility Business Model 14

Harvard Business Review

FEBRUARY 13, 2017

So you look at past projects, gather and analyze relevant market data, make predictions about how much revenue you’ll be able to generate, decide what resources you’ll need, and set milestones to reach your targets. You’re working on a new venture and you know you’ve got to create a plan to execute it. Not so fast.

Planning 9

Planning Benchmarking Project Competitive Advantage 9

Harvard Business Review

MARCH 10, 2016

” In other words, today’s innovators don’t “go global”—globality is baked into their origins. Innovation isn’t merely outsourced to low-cost providers, it’s globally networked between peers and partners. from 2012 to 2014. For Silicon Valley, however, that proportion rises to 45%.

Globalization 8

Globalization Entrepreneur Innovation Software 8

Harvard Business Review

SEPTEMBER 24, 2015

A 2014 IMF study illustrates that extreme inequality is self-defeating as it slows down economic growth and insights from behavioral economics show that it damages employee morale and productivity, while large executive bonuses have presented PR nightmares for the companies that award them. Today, Zhengfei himself holds only 1.4%

Case Study 8

Case Study ESOP Incentives Long-term 8

Harvard Business Review

JULY 27, 2017

Gimmy’s task was clear but highly demanding: to reimagine the way BMW innovates. To fill the void and build such a new BMW startup unit, Gimmy partnered with an experienced innovation manager from BMW, Matthias Meyer. Gregor and BMW faced a crucial question: “How can the BMW Group, as a company, co-innovate with startups?”

Venture Capitalist 8

Venture Capitalist Meyer Innovation Fixed Costs 8

Harvard Business Review

SEPTEMBER 17, 2014

Further, algorithms cannot (yet, anyway) tap intuition — the soft factors that are not data inputs, the tacit knowledge that experienced managers deploy every day, nor the creative genius of innovators. This plot suggests that the first quarter is pretty mundane; except for 2014, performance is tightly contained in a 91 to 93 band.

Tacit Knowledge 10

Tacit Knowledge Information Technology Crisis Trends 10

Harvard Business Review

SEPTEMBER 10, 2015

And yet when companies suddenly decide to “get more innovative,” starting hackathons, idea competitions, and accelerator programs, they typically forget to address all those things that kill perfectly good ideas after they hatch. In 2014, more than 5000 submissions came in. Here are six ways to change that.

Venture Capitalist 8

Venture Capitalist Company Due Diligence Chief Information Officer 8

Harvard Business Review

DECEMBER 2, 2015

Most have begun this journey with pilot projects to obtain valid measures of outcomes and cost for one or two medical conditions. It makes much more economic and operational sense to create and leverage a central cadre of professionals than to ask each clinical unit, on its own, to acquire such expertise.

Health Care 8

Health Care Management Cost Efficiency 8

Harvard Business Review

OCTOBER 24, 2013

Between October 1 and 17, the federal government ceased all nonessential operations because of a partisan stalemate over Obamacare. Among the effects: 703 fewer new and competing research projects. 2014 and Beyond. Follow the Leading Health Care Innovation insight center on Twitter @HBRhealth. This includes: A 5.8%

Health Care 8

Health Care Budgeting Pharmaceuticals Review 8

Harvard Business Review

SEPTEMBER 9, 2014

The 2014 survey polled approximately 1,600 executives and managers from over 40 countries and across a range of industries. HBR: Is new products’ high rate of failure really a pricing problem, or does it reflect a more fundamental innovation problem? They let evidence and facts drive innovation processes.

Price 11

Price Productivity Products Simon 11

Harvard Business Review

OCTOBER 2, 2015

In the fall of 2014, the HBS-HMS Forum on Health Care Innovation launched the inaugural Health Acceleration Challenge — a “scale up” competition that focuses on compelling solutions to problems in health care delivery that have already been implemented at a small scale and have the potential for wider dissemination.

Health Care 8

Health Care Innovation Cost Self-aware 8

Harvard Business Review

DECEMBER 7, 2015

University Hospital , which opened in December 2014. We attribute much of our success to making patients and frontline health care professionals the true architects of the project. The hospital opened five months ahead of schedule and has won national recognition for quality and safety in its first year of operation.

Health Care 8

Health Care Construction Planning Restructuring 8

Harvard Business Review

JULY 19, 2017

A 2014 study from Constellation Research quantified the accelerating rate of change in the enterprise by examining a simple benchmark — the entry and exit of U.S. Digital transformation is often viewed through a narrow technology lens, as just another mobile project or e-commerce initiative. corporations in the S&P 500 index.

Technology 8

Technology Industry GDP Content 8

Harvard Business Review

DECEMBER 5, 2016

Library leaders knew that given the immense changes brought on by digital innovations, as well as shifts in the communities that the Library served, it would need to evolve. These diverse groups of volunteer employees work across organizational boundaries and outside of their regular operational duties. in less than five years.

Library 8

Library Strategy Reference Bottom-up 8

Harvard Business Review

OCTOBER 21, 2016

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. billion in mining projects since 2010. Fostering innovation. ” Improving risk management.

Supply Chain 8

Supply Chain Price Loyalty Efficiency 8

Harvard Business Review

MARCH 1, 2018

The constantly fluctuating number of barrels of crude available from nimble shale operations is a primary driver, but so are the long-term impact of increased fuel efficiency and the fits and starts of the global transition away from fossil fuels on world demand. .—while The soaring U.S.

Offshoring 10

Offshoring Price Transportation Long-term 10

Harvard Business Review

MARCH 8, 2012

And the impact will occur in the next 24 to 36 months, based on the following data and projections: Let's start with Internet access. billion initiative to build a country-wide fiber optic network that will connect an additional 160 million Indians by 2014. Morgan Stanley projects that 3G penetration will reach 22 percent by 2015.

Venture Capitalist 13

Venture Capitalist Entrepreneur Conference Wireless 13

Harvard Business Review

SEPTEMBER 17, 2014

Further, algorithms cannot (yet, anyway) tap intuition — the soft factors that are not data inputs, the tacit knowledge that experienced managers deploy every day, nor the creative genius of innovators. This plot suggests that the first quarter is pretty mundane; except for 2014, performance is tightly contained in a 91 to 93 band.

Tacit Knowledge 8

Tacit Knowledge Crisis Trends Follow-up 8

Harvard Business Review

APRIL 7, 2016

Following are three such innovative approaches for connecting with top talent. ” Such innovative solutions have paid off: Fortune magazine recently named Highfive to its list of the 10 Best Small Workplaces in Technology. Don’t keep relying on the same old social media platforms. Looking for Millennials?

Marketing 8

Marketing Strategy Hammer Media 8

Harvard Business Review

AUGUST 4, 2015

I’ve been in contact with Heiny and her team at Target over the last year about the program she helped build to drive product innovation and more sales. In total, these brands are projected to reach revenues of $1 billion at Target alone this year. So why are sustainable products surging now? besides the military.

Productivity 8

Productivity Products Chemicals Retail 8

Harvard Business Review

DECEMBER 9, 2015

For example, before performing every operation the surgical team should conduct a “time-out” 100% of the time to ensure that everyone agrees that they are operating on the correct patient and are performing the correct procedure on the right site and that any questions or concerns that any team member might have are addressed.

Health Care 8

Health Care Benchmarking Process Operations 8

Harvard Business Review

MAY 27, 2015

We see ourselves as risk-takers and innovators. Over the last six years the federal government funded more than 50 new regional innovation “clusters,” and across America new accelerators and entrepreneurship boot camps are proliferating. In fact, we know a lot about what works from observing this recent experimentation.

Entrepreneur 8

Entrepreneur Policies Banking Innovation 8

Harvard Business Review

JUNE 13, 2016

Nearly half a million people have died, a number driven mainly by prescription opioid overdoses In 2014, more people died in the U.S. Generally speaking, executives are compensated for things under their control: moving projects along, the stewardship of a P&L, and for the company hitting financial targets.

Incentives 8

Incentives Pharmaceuticals Crisis P&L 8

Harvard Business Review

FEBRUARY 7, 2014

My colleague Andy Hargadon noted this when he did an ethnography of the renowned innovation firm IDEO in the 1990s. As an organization or project grows, and as its challenges change, it not only needs to recognize new priorities, it needs to delete or deemphasize old ones. The average order size is 1,500 pounds.

Venture Capitalist 8

Venture Capitalist Brainstorming Proposal CEO 8

In the CEO Afterlife

MARCH 18, 2015

This can mean expanding product lines, entering new markets and geographies, line extending brands, acquiring new businesses, creating projects, and adding layers of management to manage the self-created complexity. With 60% of annual sales coming from innovative new products, it is clear that LEGO has not been idle. In-N-Out Burger.

Apparel 100

Apparel Brand Franchising Competitive Advantage 100