article thumbnail

How We Think About Innovation at Cisco

Harvard Business Review

In the manufacturing sector alone, market intelligence firm IDC expects the IoT market to grow to about $100 billion by 2018, a five-year combined annual growth rate (CAGR) of 18%. Even businesses blockchain could disrupt, such as brokerages and financial services institutions, may want to partner to ensure their relevance going forward.

article thumbnail

Research Shows That Smaller M&A Deals Work Out Better

Harvard Business Review

WPP began the period in the middle of the pack, with an average economic profit of $8 million, but ended with a top-quintile-worthy $677 million and saw an 11% compound annual growth rate (CAGR) in total shareholder return over the decade. Axel Springer followed a similar path. Making M&A Part of a Combination Play.

CAGR 8
article thumbnail

3 Reasons Global Firms Should Keep Investing in India

Harvard Business Review

Amazon’s CEO Jeff Bezos and Renault’s CEO Carlos Ghosn are in India for the long-term, as a hub for middle-of-the–pyramid innovations that can serve all emerging and even developed markets. Amazon’s India CEO Amit Agarwal and Renault’s India CEO Sumit Sawhney have considerable autonomy to innovate in India.