Harvard Business Review

MARCH 1, 2017

After all, how do you cut cost from a business or market whose structure has fundamentally changed? For example, consider how new business ventures access growth capital. The unstoppable force of blockchain technology is barreling down on the infrastructure of modern finance. Here, blockchain is a real game changer.

Finance 8

Finance IPO Banking Venture Capitalist 8

Deming Institute

JANUARY 9, 2017

In Warren Buffett’s 2010 annual letter to shareholders he mentions the advantage Berkshire Hathaway has because it doesn’t focus on short term results: At GEICO, for example, we enthusiastically spent $900 million last year on advertising to obtain policyholders who deliver us no immediate profits.

Short-term 28

Short-term Long-term Deming Management 28

Strategy Driven

JUNE 27, 2016

What was it that you said before about financing?” They may ask questions like: (I will use a copy machine as an example because everyone uses one), “How many copies a day can it make?” “How Copyright 2007-2016 by StrategyDriven Enterprises, LLC. “How long has your company been in business?” Wanting something repeated.

Price 51

Price Customer Loyalty Seminar Cost 51

Harvard Business Review

SEPTEMBER 18, 2018

Ten years on from the financial crisis, stock markets are regularly reaching new highs and volatility levels new lows. Like today, finance in the 1990s and early 2000s attracted many of the sharpest quantitative minds, who produced remarkable theoretical and methodological advances. Our understanding of markets is still incomplete.

Crisis 9

Crisis Uncertainty Finance Price 9

Harvard Business Review

MARCH 30, 2017

In it, the authors, both sociologists, made a compelling argument that, to understand labor market outcomes like inequality, it wasn’t enough to look at the supply and demand for individuals’ skills. However, any discussion of firms and wage inequality must not be limited to discussion of market forces. Related Video.

Marketing 8

Marketing Short-term Incentives Long-term 8

Harvard Business Review

MARCH 24, 2016

For example, if I found that satisfaction in 2015 was associated with high profits in 2016, it could be that high profits in 2015 led to both high satisfaction in 2015 and also high profits in 2016. However, I find that it takes the market four to five years before it fully incorporates this information.

Long-term 8

Long-term Marketing Short-term Price 8

Harvard Business Review

JULY 11, 2017

Doing digital M&A right means upending the way most companies approach financing, due diligence, and merger integration. Let’s start with financing the deal. Meanwhile, because digital targets tend to be expensive, acquirers are limited in their ability to use stock to finance a deal. Sponsored by DXC Technology.

Due Diligence 8

Due Diligence Company Learning Curve Finance 8

Harvard Business Review

MARCH 7, 2017

By early 2016 there were 20 HR business partners, covering almost 6,000 employees. But with the departures of a number of high-level HR leaders in late 2016, head of operations Ryan Graves largely took on the head HR role in addition to his other duties.

Compliance 10

Compliance Hedge Human Capital Finance 10

Harvard Business Review

JANUARY 12, 2018

Robo-advisors, which were introduced in 2008 , are steadily eating up market share from their human counterparts much the way that Amazon and Netflix have taken share from Walmart and Regal Cinemas. At the end of 2016, Fitch Ratings estimated that all robo-advisors managed under U.S.$100B will grow to U.S. $5 5 trillion to U.S. $7

Consultative 8

Consultative Strategy Advice McKinsey 8

Harvard Business Review

APRIL 14, 2017

Even the near-term outlook has been quite negative: A 2016 report by the Organization for Economic Cooperation and Development (OECD) said 9% of jobs in the 21 countries that make up its membership could be automated. Four years ago, an Oxford University study predicted 47% of jobs could be automated by 2033. Insight Center. The Age of AI.

Company 11

Company Survey Finance Engineering 11

Harvard Business Review

DECEMBER 14, 2016

.” His concern was that automation of the finance industry would hollow out jobs in that field in the same way that robotics and other technologies have reduced manufacturing employment. Key aspects of the finance industry have already been automated to a substantial degree. According to data from research firm Coalition Ltd.,

Compliance 8

Compliance Finance Banking Advice 8

Harvard Business Review

APRIL 10, 2018

For example, firms with better-connected CEOs can obtain cheaper financing , and firms with well-connected board directors see better performance. Our study , published in the Journal of Corporate Finance, found that CEOs with strong connections to people of different demographic backgrounds and skill sets create higher firm value.

Diversity 9

Diversity CEO Sample Financial Leverage 9

Harvard Business Review

JANUARY 12, 2017

Yet by April 2016 Adobe’s stock price had nearly tripled from its value four years earlier. Due to the fast growth of the SaaS market and the high valuations of SaaS startups, a move toward SaaS seems very compelling for traditional software vendors. On April 23, 2012, Adobe Inc.

Business Model 8

Business Model Licensing Company Software 8

Harvard Business Review

OCTOBER 24, 2016

In September 2016 we undertook a survey of nearly 300 endowment and foundation managers. This disconnect is a major problem for the continuing development of efficient capital markets. In short, we need the world’s biggest investors to connect with the world’s nimblest investment-technology startups.

Operations 8

Operations Intangible Assets Venture Capitalist Hedge 8

Harvard Business Review

MARCH 14, 2016

As of February 2016, the top 10 unicorns for market capitalization are: Uber, Xiaomi, Airbnb, Palantir, Meituan-Dianping, Snapchat, Didi Kuaidi, Flipkart, and SpaceX. A complete list of unicorns is published by The Wall Street Journal; as of February 2016, it includes a total of 146 companies. Financed by VC firms.

Company 8

Company Succession Analysis Entrepreneur 8

Harvard Business Review

JUNE 1, 2016

Increasing the social media marketing budget is not digital transformation. Jeffrey Immelt, CEO of GE, started off 2016 by saying : “We can’t be an industrial company anymore. For example, a core belief could be, “Physical assets are durable and reliable; people are volatile and risky.”

Business Model 8

Business Model Industry Metrics Budgeting 8

Harvard Business Review

DECEMBER 19, 2017

For example, Blue Apron rose to become the largest meal kit delivery business in the U.S., They argue that the market has become saturated because of the barriers to entry are low (do we really need 53 subscription box companies offering sex products?), grocery market were almost $800 billion, only 1.2%

IPO 8

IPO How To Metrics Bottom-up 8

Harvard Business Review

DECEMBER 12, 2018

In this approach, drug discovery is developed around a specific disease and is financed by the efforts of a disease-focused foundation. One timely example illustrates the point. Andrew Lo, a finance professor at MIT, has been a trailblazer in this area. UBS’s role was to market the fund to its private wealth clientele.

Pharmaceuticals 8

Pharmaceuticals Venture Funding Finance Development 8

Harvard Business Review

MARCH 8, 2017

And it varies by role, too: Grant Thornton’s survey shows that women are more likely to be the head of a function like HR (23% of CHROs) or finance (19% of CFOs) than CEO (12%), something other studies have also found. Nothing makes the “lumpiness” of women’s progress as clear as the chart below.

Execution 9

Execution Company Chief Executive Officer Survey 9

Harvard Business Review

MAY 5, 2016

But peruse some of the recent headlines about Iran , and you might wonder whether the market’s potential was overstated. However, despite a weakened economy, political tensions, market uncertainty, and the lingering effects of sanctions, Iran remains an important opportunity for multinationals in emerging markets.

Tourism 8

Tourism Banking Due Diligence Hotels 8

Harvard Business Review

DECEMBER 7, 2017

These two trends may seem separate—or, some people believe, incompatible—but together I believe they have the power to improve finance’s role in the world. It is tough to beat the market and over long periods of time indexing has been shown to outperform most active managers. But what’s the role of investors?

Supply Chain 8

Supply Chain Asset Management Chemicals Long-term 8

Harvard Business Review

AUGUST 28, 2017

Total investment (internal and external) in AI reached somewhere in the range of $26 billion to $39 billion in 2016, with external investment tripling since 2013. For example, the AI techniques implemented to improve customer call center performance could be very different from the technology used to identify credit card payments fraud.

Survey 10

Survey Execution First-mover Advantage Technology 10

Harvard Business Review

MARCH 24, 2017

Then, via price dynamics determined by market supply and demand, the value is settled on by the network of participants, rather than by a central authority or government. For example, the cryptocurrency used for the Ethereum network, called Ether , saw its value double in just a few days in March 2017. Insight Center.

Venture Capitalist 10

Venture Capitalist Due Diligence Finance Long-term 10

Harvard Business Review

FEBRUARY 23, 2018

For example, at financial services company ING, an issue deemed “material” to their view of sustainability related to financing a variety of “sustainable transitions” in industries such clean technology, real estate and others. billion, prompting them to revisit the goal.

Incubator 9

Incubator How To Real Estate Business Model 9

Harvard Business Review

MAY 16, 2017

Example #1: Applying for a position at a much higher level than your current job title. Described by faculty as “the Hope Diamond among the many gems on staff” when received 2016 and 2013 Staff Excellence Awards. Example #2: Breaking into a new industry. into multiple global markets. Expand from U.S.

COO 11

COO Chief Operating Officer Transportation Real Estate 11

Harvard Business Review

MARCH 16, 2017

For example, the tax office probably has little interest in your school report cards, but may care enormously about the days you spent out of the country as an adult. These immutable document exchange networks are emerging in trade finance, shipping, and insurance, where everyone has a big problem validating the identity of people and assets.

Document 9

Document Decentralization Banking Insurance 9

Harvard Business Review

SEPTEMBER 22, 2016

That’s the research firm IDC’s estimate of the size of the big data market, worldwide, in 2016. trillion , IBM’s estimate of the yearly cost of poor quality data, in the US alone, in 2016. ” Senior executives hedge their plans because they don’t trust the numbers from finance.

Cost 8

Cost Hedge Quality Finance 8

Harvard Business Review

MAY 30, 2017

cleantech innovation declined from 2014 to 2016, as measured by patents. as the most attractive market worldwide for renewable energy investment, this year downgraded it to third , behind China and India. VC investment; in 2016 it was under 8%. First, another recent Brookings analysis found that U.S.

Stage-Gate 8

Stage-Gate Kleiner Energy Proposal 8

Harvard Business Review

JANUARY 4, 2017

For example, Ford’s River Rouge plant not only assembled cars but also made its own steel, glass, fabrics, power, and cement on-site. For example, Apple works with at least 200 suppliers and 242 smelters and refineries across the world. stock markets. Manufacturing used to be highly vertically integrated in the U.S.

Supply Chain 8

Supply Chain Productivity Products Company 8

Harvard Business Review

APRIL 28, 2016

And you probably won’t even know you’ve been affected until it’s too late to prevent significant damage to your company’s finances, operations, and reputation. But the scale of the problem means cybersecurity should be a concern for every executive, from HR to Marketing. The risk is growing.

Content 8

Content Industry Finance Report 8

Harvard Business Review

JUNE 29, 2015

Suffice it to say that a 2016 Mitt Romney campaign isn’t being championed on Wall Street. Startups, on the other hand, aren’t debt financed, because they’re too risky and unproven, and have no assets—not so appealing to lenders. Maybe you remember how savagely the industry was portrayed during the 2012 U.S.

LBO 8

LBO Innovation Sample Short-term 8

Harvard Business Review

DECEMBER 15, 2016

In fact, Bloomberg reported that the American solar industry had a record first quarter in 2016, and for the first time, it drove the majority of new power generation. To understand why, we have to start by looking at the market for solar. market for plug-and-play PV systems would affect these “prosumers.”

Technology 8

Technology Energy System Cost 8

Harvard Business Review

DECEMBER 12, 2016

The language of ecosystems redefined our understanding of competition by viewing markets has habitats. For example, DNA is formed at conception. Consider Pokemon Go, the viral sensation of Summer 2016 and the most popular smartphone game in history. Does biology inform business? It’s happened before.

How To 8

How To Decentralization Environment Collins 8

Harvard Business Review

MARCH 30, 2017

Not in health care, which is not structured for true market competition. In many markets, there is only one main provider, at the most two, and they shadow-price each other, meaning they make sure prices charged to insurance companies are similar. One example is California. Encourage Competition. One is cross-border risk pools.

Health Care 8

Health Care Insurance Price Cost 8

Harvard Business Review

MARCH 22, 2017

and European companies have spent the past 20 years concentrating more and more of their manufacturing in East Asia to reduce costs by exploiting labor-arbitrage opportunities and address the promise of that rapidly growing market. In 2016, that gap was down to about 1 percentage point. A shift toward protectionism.

Supply Chain 9

Supply Chain Chemicals Uncertainty Policies 9

Harvard Business Review

FEBRUARY 17, 2016

This kind of innovation is almost a textbook example of frugal innovation. Here are some striking examples of how these digital innovators are shaping the frugal economy worldwide: Healthcare. Traditional banks — with their monolithic business models and hefty fees — have been unable to crack this lucrative market.

Cost 8

Cost Globalization Innovation Banking 8

Harvard Business Review

NOVEMBER 1, 2017

During the 2016 election, both parties were saying that the system is rigged and the little guy is not getting a fair deal. We use market concentration as a proxy or a signal about whether a market is competitive. markets have in fact become significantly more concentrated over the past 20 or 30 years.

Policies 8

Policies Airlines Politics Proposal 8