Harvard Business Review

DECEMBER 8, 2011

The experience gave us some insights into a unique approach to innovation called jugaad , which entrepreneurs and enterprises are practicing in complex emerging markets like India. Jugaad innovators innovate better: Jugaad innovators recognize that consumers in emerging markets are low earners, but high yearners.

Innovation 18

Innovation Incubator Banking Hypercompetition 18

Harvard Business Review

SEPTEMBER 29, 2014

risk models to predict consumer risk to default), segment consumer behavior in an optimized, market friendly fashion (e.g. For example, one retail bank applied machine learning to its customer analytics and achieved a 300% uplift on sales campaigns compared to a control group.

Banking 8

Banking Hypercompetition Constraint Analysis 8

Harvard Business Review

SEPTEMBER 29, 2014

risk models to predict consumer risk to default), segment consumer behavior in an optimized, market friendly fashion (e.g. For example, one retail bank applied machine learning to its customer analytics and achieved a 300% uplift on sales campaigns compared to a control group.

Banking 8

Banking Hypercompetition Constraint Technology 8

Harvard Business Review

AUGUST 27, 2015

So although you might expect that in a hypercompetitive environment, ambitious companies would constantly wrest market share from the leading firms, the reality is quite the opposite. Companies are using this money for share buybacks, or putting it in the bank, running high (and rising) cash balances of close to 15% of GDP.

ROIC 8

ROIC McKinsey GDP Company 8

Harvard Business Review

JULY 17, 2014

As our economy grows ever more globalized and competition for market share intensifies, companies are under ever-greater pressure to innovate — both to retain market share and to capture new markets in emerging economies and underserved markets.

EPS 8

EPS Hypercompetition Diversity Constraint 8

Harvard Business Review

FEBRUARY 16, 2011

Markets would fail at allocating capital — and misallocate and malinvest it in low-worth stuff instead. Banks would fail at lending and borrowing. It's not just that in a hypercompetitive world, yesterday's competitive edges are as dull as a plastic spork. Megafailure. What might ultimately happen to the Enronian economy?

Incentives 15

Incentives GDP Hypercompetition Self-aware 15