Harvard Business Review

SEPTEMBER 5, 2016

Yet there’s compelling evidence that bureaucracy creates a significant drag on productivity and organizational resilience and innovation. By our reckoning, the cost of excess bureaucracy in the U.S. If bureaucracy is as ubiquitous in these economies as it is in the U.S., Here’s the arithmetic. share was $32 trillion.

Cost 8

Cost Bureaucracy GDP Management 8

Strategy Driven

DECEMBER 16, 2020

For years now, huge corporations such as British Aerospace Engineering and Raytheon have completely dominated the market and swooped in to poach promising innovators. Of course, small startups cannot compete with larger corporations when developing flagship systems like aircraft, but the market has truly opened up for innovators.

Innovation 128

Innovation Software Industry Politics 128

Harvard Business Review

JUNE 15, 2017

Like its American compatriot Ford Motor Company , GM’s market share in India has always been in the single digits, but recently Ford has reported rising monthly sales of 36% in India. 1 — Consistent Leadership Over Time Matters in This Market. India is a complex country and has a unique mix of Asian and Western values.

CEO 10

CEO Long-term Short-term Mass Marketing 10

Harvard Business Review

JANUARY 14, 2014

When Dan Akerson became CEO in 2010, he brought a bit of daylight into the hallowed halls, breaking down siloes to urge collaboration between departments that had long stopped talking to each other — engineering and parts buyers, product development and purchasing, to name some especially critical relationships.

Team 8

Team McGregor Parcell Engineering 8

Harvard Business Review

JUNE 23, 2017

From a departmental perspective, under 20% of accounting and IT staffers want to be challenged, while 43% of the engineering department does. Over 50% of marketing and IT prefer a salesperson who will listen and match a solution to solve their specific needs. 3: Market Leaders Have an Edge. The answer is yes.

Price 8

Price Health Care Committee Fashion 8

Harvard Business Review

AUGUST 3, 2018

But certain types of decisions — particularly those related to strategy, innovation and marketing — will likely continue to require a human being who can take a holistic view and make a qualitative judgment based on a personal consideration of the context and facts.

Bureaucracy 8

Bureaucracy Tools Marketing Agility 8

Harvard Business Review

JUNE 21, 2017

When Amazon announced last week that it will acquire Whole Foods Market, a grocery chain with over 450 retail stores and deep industry talent, for $13.7 on the news, increasing its market capitalization by $11 billion. Amazon’s greatest competitive advantage is not its e-commerce network; it is its innovation engine.

Retail 8

Retail Planning Agility Innovation 8

Harvard Business Review

FEBRUARY 11, 2016

Look at WhatsApp, which had 55 employees (35 of them engineers) and reached more than 450 million users when it was acquired by Facebook in 2014. Today, while the number of users has doubled, its engineering workforce has grown only to 50. In the digital world headcount growth for growth’s sake is no longer prized.

Company 8

Company Engineering Technology Bureaucracy 8

Harvard Business Review

AUGUST 22, 2016

Convinced that they have a sustainable competitive advantage (always a risky way to think about your business), executives allow bureaucracy to take over and decision-making to become sclerotic. And this despite having working prototypes of devices that could have come to market as the iPhone or iPad – years before Apple invented them.

Company 8

Company Competitive Advantage Bureaucracy Retail 8

Harvard Business Review

MARCH 7, 2014

Moreover, Sloan did this by means of organizational mastery, without the major engineering breakthrough that other GM insiders believed was their only hope. Ford still may have produced the best car for the money, but Sloan’s GM trounced Ford Motors by producing the best product lines for the market.

Decentralization 8

Decentralization Venture Capitalist Price Engineering 8

Harvard Business Review

JUNE 1, 2016

They abhor complexity, bureaucracy, and anything that gets in the way of the clean execution of strategy. In the 1990s, for example, Nokia rocketed to the top of the handset market. Nokia sat on top of one of the biggest growth markets the world had ever seen, and on top of one of the biggest piles of cash in history.

Company 8

Company Survey Bureaucracy Globalization 8

Harvard Business Review

MARCH 25, 2016

Large corporations are devoting serious attention to becoming “ambidextrous,” combining robust exploitation capabilities for existing businesses with new exploration-driven business engines inside and outside their organization. There are lessons here for giant corporations and the stock markets they trade on.

Drucker 8

Drucker Long-term Short-term Christensen 8

Harvard Business Review

APRIL 1, 2013

Frustrated employees were complaining about the lack of amenities — such as child care facilities — on campus and the stifling bureaucracy which, for instance, made expense reimbursment a time-consuming process. AppHaus truly embodies SAP's frugal innovation philosophy.

Innovation 9

Innovation Attrition Software Globalization 9

Harvard Business Review

JUNE 17, 2015

This seems to be a key question on the minds of not just marketers, but company strategists these days. This intensive customer focus has increased as technology-enabled transparency and online social media accelerate an inexorable flow of market power downstream from suppliers to customers. How well do you know your customers?

Productivity 8

Productivity Products Customer Intimacy Software 8

Harvard Business Review

FEBRUARY 24, 2011

Buffett prefers to accept the visible costs of "a few bad decisions" than incur "the invisible costs of stifling bureaucracies." In 2009, he confessed to developing an ill-conceived plan to market GEICO credit cards and also failed to rein in NetJets' debt, which had soared to $1.9 He annually reports on his own mistakes.

Letter 14

Letter P&L Net Present Value Insurance 14

Harvard Business Review

FEBRUARY 26, 2016

The result is the reconstitution or destruction of industries, creation of new market spaces, and reshaping of old industry ecosystems. Three years later, GE hired veteran software engineer Ganesh Bell to be chief digital officer of GE Power and Water. Many such leaders are relatively young and highly sought after.

Short-term 8

Short-term How To Venture Capitalist CFO 8

Harvard Business Review

MARCH 18, 2013

There are many ways that live "corporate whales" can cultivate entrepreneurship ecosystems — as investors with capital for ventures to grow, as customers who buy innovative products, or as marketing partners to give the small dynamic firms global reach.

Company 8

Company Bureaucracy Restructuring Bottom-up 8

Harvard Business Review

APRIL 9, 2018

GDPR also bears more than a hint of the kind of protectionism that has featured prominently in EU technology policy since the 2015 release of the plan for a “Digital Single Market,” including recent announcements of new taxes for U.S.-based based internet companies and continued antitrust complaints by EU regulators.

Advertising 11

Advertising Cost Business Model Information 11

Harvard Business Review

SEPTEMBER 20, 2011

In his story about software company Rite Solutions' innovation engine, a stock market-like forum for new ideas and collaborative platform for channeling development effort around the best, Lavoie suggests that it's not technology but first principles that make every person feel relevant and fully invested in the future of the company.

Management 8

Management How To Innovation Bureaucracy 8

Harvard Business Review

APRIL 26, 2016

Former GE boss Jack Welch was a master at using symbolic bets to coach GE to have the culture he wanted to achieve his strategic goals, to be #1 or 2 in every market they were in. They have mentoring programs for high school students… Elfin’s self-engineered turn around became a very important symbol [of reducing bureaucracy].

Company 8

Company Welch Bureaucracy Innovation 8

Harvard Business Review

NOVEMBER 7, 2012

3M and Google, among others, have given "innovation time off" to their scientists and engineers. There is also a "sweat the small stuff" day, once a quarter, for getting on top of the creeping bureaucracy and niggling problems that accumulate over time. So a more focused approach may be more worthwhile. Loosely defined roles.

Company 8

Company Stage-Gate Innovation Bureaucracy 8

Harvard Business Review

MARCH 14, 2016

In 1987, a Portuguese audio engineer named Fernando Duarte took a friend, South African entrepreneur Robbie Brozin, to a small takeout restaurant in a suburb of Johannesburg. And I want my marketing guys fighting for new variants, new products. Robbie Brozin and the insurgent mission. Their bias is toward action.

Company 8

Company Hotels Supply Chain Long-term 8

Strategy Driven

OCTOBER 11, 2013

Along the way, many defective tires hit the market, subsequently causing SUV rollovers, damage and, in some cases, deaths. When they are compelled to do so, company leadership will provide leadership for change management and re-engineering…two of the many worthwhile concepts that should be advocated every business day.

Crisis 58

Crisis Crisis Management Retail Budgeting 58