The Core Incompetencies of the Corporation

Harvard Business Review

Deep change, when it happens, is belated and convulsive, and typically requires an overhaul of the leadership team. Despite their resource advantages, incumbents are seldom the authors of game-changing innovation. It’s not that veteran CEOs discount the value of innovation; rather, they’ve inherited organizational structures and processes that are inherently toxic to break-out thinking and relentless experimentation. Disruptive innovation Innovation Organizational culture

Where to Find Authentic Entrepreneurs

Harvard Business Review

I still remember when Steve Jobs was featured in business school case studies as an example of bad leadership style. But unlike most Japanese innovations, it did not come from a big established firm. Coming out of Peru, you’ll find Kola Real, formed during a coup d’état in 1988, not exactly an ideal environment for business incubation.

The Economy of Punishment

Harvard Business Review

And relatedly, how do we recognize a black-market innovator who may have all the talent of a Richard Branson or a Jay-Z, but lacks the opportunities for a leg-up in the formal economy? That is to say, given the applied "street smarts" and talent — the art of the hustle, the leadership and prowess of running a drug business — what is it all worth? Many gangsters are natural born innovators with restricted economic opportunities.