Harvard Business Review

MAY 31, 2018

billion of India’s citizens to voting, banking, government assistance, healthcare, recordkeeping, and more. In researching and testing these commonalities, we developed a new management framework for effective cross-sector partnerships, and a clear method for measuring success. This initiative will soon connect all 1.3

Company 10

Company Decentralization Long-term Operations 10

Harvard Business Review

AUGUST 28, 2018

Each was set loose to develop or acquire products to satisfy those markets. Back in 2013, PayPal had acquired the parent company of Venmo, the mobile app that enables people to transfer money even without bank accounts. The company reorganized itself into two groups, one for consumers and one for merchants.

Productivity 8

Productivity Products Decentralization Resistance 8

Harvard Business Review

OCTOBER 19, 2016

Banks have developed smartphone apps to enable instant deposits and other forms of self-service—both delighting customers and also allowing branch staff to concentrate less on routine transactions and more on providing the higher-touch personal services their best customers value.

Loyalty 8

Loyalty Decentralization Sample Banking 8

Harvard Business Review

APRIL 10, 2012

Let banks charge much more than 5% interest, and they will lend to "prodigals and projectors," precipitating bubbles and crashes. Finally, in 1954, Kenneth Arrow, at Stanford, and Gerard Debreu, at the Cowles Commission at Yale, developed the canonical "general-equilibrium" model , for which they later won the Nobel Prize.

Crisis 18

Crisis Decentralization Marketing Engineering 18

Harvard Business Review

JUNE 13, 2011

To be sure, some SOEs have become formidable competitors, nurtured by their large home markets and having developed the capabilities to compete with Western multinational companies. Its officials complain that due to decentralization, decisions are now in the hands of the SOEs' managers, who don't always follow Beijing's wishes.

Globalization 11

Globalization Decentralization Politics Banking 11

Harvard Business Review

DECEMBER 26, 2017

Hence, when (re-)designing the organization structure, they tend to decentralize decision-making, so that decision rights are as close as possible to the people who deal with customers, competitors, front-line employees, and other stakeholders. Decentralization allows immediacy in time and place, hence responsiveness. ” 3.

Decentralization 8

Decentralization Efficiency Mintzberg Operations 8

Harvard Business Review

DECEMBER 15, 2017

In one illustration of these difficulties, consider that India currently ranks 100 out of 190 countries in the World Bank’s Ease of Doing Business rankings, 22 places behind China, 39 places behind Indonesia, and just nine places above Papua New Guinea. Cultural variations are important. Step 3: Evaluate results.

Strategy 8

Strategy Operations Policies Environment 8

Harvard Business Review

SEPTEMBER 16, 2015

But after the Great Recession of 2007-2009, when developed economies effectively froze in place, their appetites only sharpened. In contrast, in 2010 in Borneo Churchill Mining lost the right to use land it had purchased and spent $40 million surveying when Indonesia decentralized its government and a local authority changed the rules.

Marketing 8

Marketing Company Compliance Reputation 8

Harvard Business Review

APRIL 16, 2018

When Sloan became president of GM in 1923, he put in place planning and strategy, measurements, and most importantly, the principles of decentralization.” In the spring of 1920 the company had to go to the banks and get an $80 million loan (about a billion dollars in 2018) to finance operations.

Transportation 8

Transportation Automotive Brand Engineering 8

Harvard Business Review

MARCH 16, 2017

On a website, in a nightclub, at an airport, or in front of a bank counter, everyone wants us to prove that we are who we say we are. MDLs are unalterable registers that allow groups of people to validate, record, and track transactions across a network of decentralized computer systems. “Who are you?” Related Video.

Document 10

Document Decentralization Banking Insurance 10

Harvard Business Review

MARCH 6, 2017

Blockchain experts call this “decentralization.” ” Decentralization offers the promise of nearly friction-free cooperation between members of complex networks that can add value to each other by enabling collaboration without central authorities and middle men. The banking industry is filled with shared resources.

Supply Chain 13

Supply Chain Decentralization Banking Technology 13

Harvard Business Review

MAY 17, 2017

We argue that, like previous revolutionary ideas, blockchain has the potential to help developing nations leapfrog more-developed economies. This in turn boosted development by allowing relatively poor farmers to reliably send and receive payments at affordable rates, fostering economic growth by lowering transaction costs.

Marketing 8

Marketing Technology Banking Efficiency 8

Harvard Business Review

MARCH 2, 2017

Visa and MasterCard are both exploring uses for similar technology to improve the way they process payments, while Ripple is lowering the cost of transactions between banks and other financial institutions through its global settlement network. But the practical applications for blockchain technology go way beyond financial assets.

Finance 8

Finance Supply Chain Decentralization Maturity 8

Harvard Business Review

MARCH 22, 2017

His vision is to decentralize the entertainment industry so that creative individuals can profit from the films, videos, games, and art they help to make. He expects decentralization to “realize a world that utilizes the greatest potential of every person.” ” LeBeau’s vision is not a pipedream. .”

Creativity 11

Creativity Film Decentralization Reputation 11

Harvard Business Review

SEPTEMBER 5, 2016

Operating decisions are almost entirely decentralized. Nearly all of these practices run counter to conventional banking wisdom, which holds that to be efficient a bank must consolidate operational activities and centralize decision making on matters like pricing and lending. The case of Svenska Handelsbanken is illustrative.

Cost 8

Cost Bureaucracy GDP Management 8

Harvard Business Review

NOVEMBER 20, 2015

Of course, time is money, and in light of the long selling cycles, creative financing is often the name of the game: banks will sometimes step up to finance part of a firm contract with a large customer. In fact, advanced payments may be just the kind of proof that banks or equity investors need to open their pocket books.

Supply Chain 8

Supply Chain Collins Golden Handcuff Pharmaceuticals 8

Harvard Business Review

APRIL 20, 2017

has a more developed system of equity finance than the countries of Europe, including angel investors willing to finance startups and a very active venture capital market that helps finance the growth of those firms. We also have a decentralized banking system, including more than 7,000 small banks , that provides loans to entrepreneurs.

Decentralization 15

Decentralization GDP Finance Incentives 15

Harvard Business Review

MARCH 1, 2017

Blockchain was originally developed as the technology behind cryptocurrencies like Bitcoin. Given the promise and peril of such a disruptive technology, many firms in the financial industry, from banks and insurers to audit and professional service firms, are investing in blockchain solutions. Is this the end of banking as we know it?

Finance 8

Finance IPO Banking Venture Capitalist 8