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Sometimes Cutting R&D Spending Can Yield More Innovation

Harvard Business Review

The chart may appear to show merely that Cisco’s patent filings lagged its R&D spending by three years, but in fact the decline in spending and the rise in patents were part and parcel of a deliberate strategic shift by the company in 2001. Research & development Financial management' So what was going on?

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What to Do When Your Future Strategy Clashes with Your Present

Harvard Business Review

Doing that required developing a new business model in which MedStar would get paid to keep patients well. After all, diverting investments away from core hospital budgets might be unpopular across an organization that is the largest private employer in the region. The innovation portfolio. The investment portfolio.

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How to Design Work Projects for Maximum Learning

Harvard Business Review

Skill development is clearly a major priority for companies and managers these days. Consider, for instance, the talent development program at Ascom, a global telecommunications company. While delivering millions of dollars in profits, these projects have helped develop a cadre of leaders who can inspire teams to achieve big goals.

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Rising Sea Levels Won’t Doom U.S. Coastal Cities

Harvard Business Review

The induced innovation literature has taught us that drug companies focus their efforts on researching and marketing new drugs for which there is expected to be great demand (think of aging baby boomers’ aching knees). Innovation in Cities. This same logic holds in the case of climate change adaptation. Insight Center.