Remove Budgeting Remove Innovation Remove Parcell Remove Productivity
article thumbnail

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. So what was going on?

article thumbnail

What to Do When Your Future Strategy Clashes with Your Present

Harvard Business Review

After all, diverting investments away from core hospital budgets might be unpopular across an organization that is the largest private employer in the region. That could involve targeting new geographies, developing new products, taking advantage of new technologies, or devising new business models. The innovation portfolio.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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

Harvard Business Review

Many of the nation’s most beautiful and productive cities — New York, Seattle, San Francisco, and others — abut the Atlantic and Pacific oceans. Innovation in Cities. Companies such as Coastal Risk Consulting are developing flood risk statistical models at the parcel level. Insight Center. economy be crippled?

article thumbnail

How to Design Work Projects for Maximum Learning

Harvard Business Review

“Call on 50 customers who are prime targets for the product” won’t cut it, because even if people call on that many customers, they might not make any sales or learn how to sell more effectively. better goal would be something like “Sell $100,000 worth of the new product.”