article thumbnail

How Startups Can Accelerate Their Development

The Horizons Tracker

Much like the process of human development, a business venture requires a significant amount of time to progress from its conceptual stage to official incorporation. Spending time on rearranging previously developed plans to adapt to unexpected events. Waiting for specific events to occur, such as investor commitments.

article thumbnail

The More Things Change, the More They Don't Stay the Same

Harvard Business Review

Thus, as the McKinsey Global Institute team states, and its analysis of 80 years of data shows, "over the long term. A static analysis would end there, rather than asking: and then what? It takes a dynamic analysis to anticipate the kind of effects captured by McKinsey's results. Add a steam drill, and you can fire John Henry.

Insiders

Sign Up for our Newsletter

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

article thumbnail

It’s Time for Episode-Based Health Care Spending

Harvard Business Review

REBP identifies which provider is in the best position to affect the clinical outcomes and total costs associated with an episode of care; it then assesses (through retrospective analysis of claims data) the outcomes achieved and costs incurred during each episode over a specific period of time (e.g., quarterly). How Does REPB Work?

article thumbnail

The Biggest Challenges of Data-Driven Manufacturing

Harvard Business Review

Of course, software developers have long since figured out how to export data from one application to another. This is a special challenge when the original developer of the often homegrown legacy systems doesn’t have well-defined interfaces, documentation is scarce, and the software engineers are not available anymore.

article thumbnail

A Tool for Balancing Your Company’s Digital Investments

Harvard Business Review

For each investment category, the generic critical success factors of time , cost , and quality will be different, requiring trade-offs to be made. Development approaches. So maintaining quality is the key criteria and cannot be compromised. Selecting project managers.

Tools 8
article thumbnail

How IBM, Intuit, and Rich Products Became More Customer-Centric

Harvard Business Review

Consider the battle waged by IBM’s software development teams between competing methods for getting closer to customers. Over time, teams adopted an even more aggressive approach to software development called “ continuous delivery , ” a highly automated method that enables them to make many small changes per day.