article thumbnail

How CEOs Can Make Smart Strategic Trade-Offs

Harvard Business Review

One of the challenges of being a CEO is that you rarely are asked to choose between a wrong or right answer. CEOs should actively manage five specific tensions in today’s complex global business environment: Disruptive innovation versus leveraging the company’s core strengths. Today, this tension is perilous for CEOs.

CEO 8
article thumbnail

The CEO's Frugal Innovation Agenda

Harvard Business Review

CEOs of large companies face a conundrum: they are confronted with a growing number of frugal consumers clamoring for affordable solutions, yet their existing corporate culture and incentive systems are designed to support a "bigger is better" business model — not to deliver more with less. In sum, CEOs need a frugal innovation agenda.

CEO 15
Insiders

Sign Up for our Newsletter

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

article thumbnail

The CEO's Frugal Innovation Agenda

Harvard Business Review

CEOs of large companies face a conundrum: they are confronted with a growing number of frugal consumers clamoring for affordable solutions, yet their existing corporate culture and incentive systems are designed to support a "bigger is better" business model — not to deliver more with less. In sum, CEOs need a frugal innovation agenda.

CEO 8
article thumbnail

Overcoming the Barriers to Corporate Entrepreneurship

Strategy Driven

In fact, a team of researchers from the City University of Hong Kong found that while supplier involvement significantly increases the quality and reliability, time to market, and innovativeness of new products, customer involvement has only a minor influence on quality and reliability.

article thumbnail

Bureaucracy Can Drain Your Company’s Energy. Agile Can Restore It.

Harvard Business Review

Tens of thousands of agile teams have operated for decades without much awareness — let alone active support — from CEOs. About two-thirds of agile practitioners report higher team morale, increased productivity, greater ability to manage changing priorities, and faster time to market than they were experiencing before.

article thumbnail

Are You a Rebel or a Leader?

Harvard Business Review

The CEO nodded, the VPs agreed, the Directors were polished in their reviews. I wanted to accept the consensus as a sign that the company had rounded the corner on its 3-year slog to be more relevant in their market. The product managers looked at each other, then at their VP, and then, finally, to the CEO.

CEO 16
article thumbnail

Continuous Development Will Change Organizations as Much as Agile Did

Harvard Business Review

GE famously implemented Lean methodologies throughout all of their divisions, helping reduce cycle time and better aligning their work with the customers’ needs, leading to then-CEO Jeff Immelt’s declaration that GE had transformed from a “classic conglomerate… to a 125-year-old startup.”