Harvard Business Review

AUGUST 28, 2017

While it’s clear that CEOs need to consider AI’s business implications, the technology’s nascence in business settings makes it less clear how to profitably employ it. While investment in AI is heating up, corporate adoption of AI technologies is still lagging.

Survey 10

Survey Execution First-mover Advantage Technology 10

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. Sponsored by DXC Technology. Meanwhile, because digital targets tend to be expensive, acquirers are limited in their ability to use stock to finance a deal.

Due Diligence 8

Due Diligence Company Learning Curve Finance 8

Harvard Business Review

OCTOBER 24, 2016

Small startup firms are already developing proprietary technologies — such as machine vision, deep learning, and other innovations —– that could help large investors evaluate opportunities and risks with far greater accuracy and efficiency than was previously possible. But right now that’s not happening.

Operations 8

Operations Intangible Assets Venture Capitalist Hedge 8

Harvard Business Review

JULY 17, 2018

The Board Had No Finance Committee. GE’s board had another major structural defect: It lacked a finance committee. As I have explained elsewhere , a finance committee is critical for a board in complex public companies like GE, which are involved in a broad range of retirement plans, stock buybacks, and large acquisitions.

Committee 8

Committee Welch Finance Participative 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

AUGUST 17, 2017

Yet progress within organizations has been slow – there is still a lack of women and minorities in leadership positions, and certain industries like tech and finance are lacking diversity at all levels. For example, Gap Inc. Lead by example when it comes to diversity. And many diversity programs fail.

Diversity 8

Diversity CEO Rogers Leadership Pipeline 8

Harvard Business Review

JUNE 1, 2016

Jeffrey Immelt, CEO of GE, started off 2016 by saying : “We can’t be an industrial company anymore. ” Immelt notes that success requires GE’s willingness to change on many levels—from recruiting, to customer management, to technology. .” We need to be more like Oracle.

Business Model 8

Business Model Industry Metrics Budgeting 8

Harvard Business Review

JANUARY 12, 2018

At the end of 2016, Fitch Ratings estimated that all robo-advisors managed under U.S.$100B By almost all accounts, companies at the digital frontier such as Google, Facebook, and Microsoft are investing vast amounts in AI—somewhere between $20 billion and $30 billion alone in 2016. . $5 trillion to U.S. $7 300 billion today.

Consultative 8

Consultative Strategy Advice McKinsey 8

Harvard Business Review

OCTOBER 30, 2018

Most modern health care improvements seem to involve expensive technology and an uncomfortable amount of change management. A hospital, for example, might stress medication safety and hand hygiene, while a nursing home might focus on understanding the vulnerabilities of the elderly and end-of-life care. Kelly Sillaste/Getty Images.

Health Care 8

Health Care Stress Morale Airlines 8

Harvard Business Review

MARCH 7, 2017

Over the years, there have been numerous efforts, ranging from the Bayh-Dole Act , of 1980, to numerous initiatives to revamp technology transfer offices within government agencies, but nothing really seemed able to speed new discoveries out of the labs and into the marketplace. Rithmio is just one example of I-Corps’ success.

Entrepreneur 10

Entrepreneur Venture Funding Conference Course 10

Harvard Business Review

MARCH 30, 2017

Scholars from a number of fields have offered explanations for this transition, including globalization, technological change, declining unionization, heightened product market competition, and the rise of finance. Since that time, however, the U.S. has transitioned to a market-oriented system of employment. Presently, many U.S.

Marketing 8

Marketing Short-term Incentives Long-term 8

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

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. Before explaining how these collaborations can help, it’s important to note that we observe them already in several industries, spanning mining to technology.

Supply Chain 8

Supply Chain Asset Management Chemicals Long-term 8

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

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. could harness technologies like 3D printing to build affordable houses faster and cleaner and make them accessible to most Americans.

Cost 8

Cost Globalization Innovation Banking 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. These attacks can bring mission-critical transactional systems in finance, retail, and other industries grinding to a halt, seriously impacting operations.

Content 8

Content Industry Finance Report 8

Harvard Business Review

OCTOBER 27, 2015

And a recently released report suggests that Europe’s digital divide problem extends way beyond the Atlantic; Europe is a distant third behind North America and Asia for $100 million plus financing for VC backed companies. based corporations – prominent examples being Skype, founded in Estonia, acquired by eBay in 2005 for $2.6

Crisis 8

Crisis McKinsey Policies Globalization 8

Harvard Business Review

JULY 5, 2017

Almost 400,000 Uber drivers in California and Massachusetts reached a $100 million settlement with the company in 2016 (a settlement that was later thrown out by a federal court as insufficient in the compensation it provided the claimants). For example, about one-third of construction workers in the U.S. weeks of earnings.

Document 11

Document Insurance Construction Cooper 11

Harvard Business Review

MAY 31, 2018

In 2016, socially responsible investing made up more than one out of every four invested dollars under professional management. We see this in our research at Columbia University and have identified many examples where CEOs benefit their businesses by partnering across sectors with public officials, nonprofit managers, and community members.

Company 9

Company Decentralization Long-term Operations 9

Harvard Business Review

MAY 5, 2016

and European companies restricting their presence in Iran or exiting the market altogether — and they continue to dampen foreign direct investment prospects in 2016. sanctions are delaying these projects being financed. sanctions, which were initially enacted in 1979 and strengthened in subsequent years, resulted in many U.S.

Tourism 8

Tourism Banking Due Diligence Hotels 8

Harvard Business Review

DECEMBER 12, 2016

For example, DNA is formed at conception. Consider Pokemon Go, the viral sensation of Summer 2016 and the most popular smartphone game in history. The examples below seem to suggest that a company must stay true to its DNA, but has a lot of room to express that DNA in new ways whether in external strategy or internal management.

How To 8

How To Decentralization Environment Collins 8

HR Digest

JANUARY 7, 2020

A 2016 report from the International Commission on Financing Global Education Opportunity estimates that 30 percent of young adults will not graduate from secondary school with the skills they need to hold most jobs in the digital world. A growing number of business leaders see the value of upskilling, but there’s much to be done.

Diversity 111

Diversity Education Supply Chain Learning-by-Doing 111

Harvard Business Review

DECEMBER 15, 2015

By January 1, 2015, all state-based marketplaces were expected to replace federal funding with state-level financing. Technological challenges. Take, for example, customers who showed up at a doctor’s office only to learn that they had an invalid insurance card, even though they had paid their premium.

Insurance 8

Insurance Health Care Cost Learning-by-Doing 8

Harvard Business Review

JANUARY 25, 2016

” —President Obama, 2016 State of the Union Address. It focuses on the reemployment prospects of workers whose job loss was due to no fault of their own and who face significantly lower wages in their new jobs, including as a result of technology, a theme Obama highlighted in his speech. What wage insurance does.

Insurance 8

Insurance Offshoring Long-term Policies 8

Harvard Business Review

MARCH 31, 2016

Platform businesses bring together producers and users in efficient exchanges of value – Uber, for example, connects drivers and passengers just as YouTube connects videographers and viewers. Before the iPhone launched in 2007, HP dominated the handheld calculator space for science and finance.

Participative 8

Participative Software Market Penetration Marketing 8

Harvard Business Review

MAY 8, 2017

Some companies that made the list were obvious choices; for example, the biggest online retailer now gets most of its profit from cloud services (Amazon). In 2011 the board selected as the new CEO one of its own members, Heinrich Hiesinger, a Siemens executive with experience supplying technology to many industries.

Franchising 14

Franchising CEO Business Model Strategy 14

Harvard Business Review

DECEMBER 15, 2016

Due to the drop in costs for solar technology and increases in electric utility rates , solar photovoltaic-generated electricity is now less expensive than grid electricity, and adoption is rising rapidly throughout the U.S. Consumers can buy modules and install them in small quantities, providing up to 1 kW of power.

Technology 8

Technology Energy System Cost 8

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. How Blockchain Works Here are five basic principles underlying the technology. Our identities are records of our past behavior, and they change over time.

Document 9

Document Decentralization Banking Insurance 9

Harvard Business Review

MARCH 24, 2017

Also known as “token sales,” this new fundraising phenomenon is being fueled by a convergence of blockchain technology, new wealth, clever entrepreneurs, and crypto-investors who are backing blockchain-fueled ideas. How technology is transforming transactions. Business in the Era of Blockchain. Sponsored by Accenture.

Venture Capitalist 10

Venture Capitalist Due Diligence Finance Long-term 10

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

NOVEMBER 8, 2017

On November 8, 2016, India’s government did something that had no other government had attempted before at the same scale: it decided to remove 86% of the country’s currency notes by value from circulation. and are private sector efforts — Facebook and Google being among the prominent examples.

Banking 13

Banking Long-term Short-term System 13

Harvard Business Review

AUGUST 21, 2017

It wasn’t until I moved to Paris in 1997 to become Finance Manager for Disney Consumer Products Europe, Middle East, and Africa that I experienced someone setting a non-negotiable boundary for herself. Others looked up to her for the example she set. It was just the industry and firm norm. “Is this normal?

Team 10

Team Conference Restructuring McKinsey 10

Harvard Business Review

DECEMBER 12, 2018

A new generation of philanthropists, whose wealth was created via entrepreneurship in technology-driven fields, has the unique opportunity to make a real difference in speeding the pace of progress in the fight against cancer. One timely example illustrates the point. Luxy Images/Getty Images.

Pharmaceuticals 8

Pharmaceuticals Venture Funding Finance Development 8

Harvard Business Review

DECEMBER 14, 2016

I participated in a cognitive technologies conference a few days after the November 8 election, and much of the talk at breaks (and some on the stage) was about the election results and the reasons behind them. Key aspects of the finance industry have already been automated to a substantial degree. Insight Center. Sponsored by SAS.

Compliance 8

Compliance Finance Banking Advice 8

Harvard Business Review

SEPTEMBER 18, 2018

Today, we face the risk that investors, traders, and regulators are failing to understand the extent to which technological progress is — or more precisely is not — reducing financial uncertainty. ” Suppose we want to estimate a property of a large population, for example, the percentage of Trump voters in the U.S.

Crisis 9

Crisis Uncertainty Finance Price 9

Harvard Business Review

MAY 30, 2017

cleantech innovation declined from 2014 to 2016, as measured by patents. VC investment; in 2016 it was under 8%. “Clearly all of this reflects some sober reevaluation of the VC role in cleantech finance,” said Mark Muro, a senior fellow at Brookings, adding that “We’ve maybe asked too much of VC.”

Stage-Gate 8

Stage-Gate Kleiner Energy Proposal 8

Harvard Business Review

MARCH 22, 2017

In 2016, that gap was down to about 1 percentage point. One high profile example is Walmart’s commitment to source an additional $250 billion in products made, assembled, or grown in the United States. Advances in manufacturing technology. Manufacturing is on the cusp of a robotics revolution.

Supply Chain 9

Supply Chain Chemicals Uncertainty Policies 9