Harvard Business Review

SEPTEMBER 21, 2018

Corporate directors and executives alike recognize that today’s pace of change continues to accelerate and that firms need to innovate to stay ahead. But are boards doing enough to support innovation, as they should? We found that, overall, innovation does not rank as a top strategic challenge for the majority of boards.

Innovation 10

Innovation Short-term Telecommunications Long-term 10

Harvard Business Review

AUGUST 3, 2016

A new set of relationships is being formed within companies around how people working in data, analytics, IT, and operations teams work together. Data and analytics represent a blurring of the traditional lines of demarcation between the scope of IT and the responsibilities of operating divisions. Data and analytics embedded in IT.

Operations 8

Operations Agility Chemicals Supply Chain 8

Harvard Business Review

MAY 21, 2014

Governing boards might seem like the last place for innovation. But new strategies and structures are squarely in the board’s domain, and we have seen any number of governing boards innovating with, not just monitoring, management. Some boards have taken the principle further by forming their own innovation committee.

Innovation 8

Innovation Committee Charan Technology 8

Harvard Business Review

SEPTEMBER 14, 2011

In 2008, Dr Reddy's acquired Chirotech, Dow Chemical's R&D unit, for $32 million, and in April 2011 relocated it to a new 33,000 sq. Besides Dr Reddy's, several leading Indian firms are pioneering polycentric innovation: Tata Motors. Polycentric innovation won't work in organizations that promote groupthink. and the U.K.

Globalization 9

Globalization Innovation Decentralization Chemicals 9

Harvard Business Review

SEPTEMBER 27, 2013

Innovation success stories are all strikingly similar: a bright idea, supported by a zealot-innovator who sees it through. This is especially true for business model innovations — when the new idea is not a product, service, or technology but a different way of engaging with the customers and earning revenue from them.

Business Model 8

Business Model Innovation Company Chemicals 8

Harvard Business Review

MAY 10, 2018

From targeted online advertising to more precise recommendation engines, consumer markets are bursting with innovation around machine learning and advanced analytics. Orica is now codifying the decision logic of the most experienced blasting managers through predictive modeling to serve up personalized recommendations on demand.

B2B 8

B2B Chemicals Venture Funding Engineering 8

Harvard Business Review

AUGUST 4, 2015

I’ve been in contact with Heiny and her team at Target over the last year about the program she helped build to drive product innovation and more sales. The list of no-no ingredients is long — 1,600 chemicals tracked or regulated by NGOs and governments around the world. So why are sustainable products surging now?

Productivity 8

Productivity Products Chemicals Retail 8

Harvard Business Review

APRIL 17, 2018

Sarah Williamson is the CEO of FCLTGlobal (formerly Focusing Capital on the Long Term), an organization cofounded in 2016 by BlackRock, CPPIB, Dow Chemical, McKinsey, and Tata Sons to encourage a longer-term focus in business and investment decision making. Small Firms Are Not More Innovative.

Long-term 10

Long-term Innovation Technology Stage-Gate 10

Harvard Business Review

DECEMBER 4, 2017

We need tools to assess progress for external stakeholders, consumers, and managers. But I think the interesting part comes when they start to see it as an opportunity for innovations that are financially beneficial as well as socially beneficial. The result will be innovation. Andrew Liveris.

Project 8

Project Advice Henderson Short-term 8

Harvard Business Review

MAY 26, 2016

Operating margins for firms publicly listed in the US show a substantial and sustained rise. That is good news for managers and investors. Firms engage in political “rent seeking”—lobbying for regulations that provide them sheltered markets—rather than competing on innovation. Profits are up.

Pharmaceuticals 10

Pharmaceuticals Politics Price Chemicals 10

Harvard Business Review

AUGUST 16, 2017

Managing Climate Change: Lessons from the U.S. How can you make core business operations more sustainable? Global Managing Partner, McKinsey & Co. Chairman & CEO, Dow Chemical. Managing Climate Change: Lessons from the U.S. Climate Change on HBR.org. by Forest L. Reinhardt and Michael W. by Andrew Winston.

Project 8

Project Henderson Supply Chain Short-term 8

Harvard Business Review

JUNE 16, 2015

The issues in each of these buckets require new leadership, or at least a rethinking of it in the highest ranks of companies, and deep operational changes. We’re starting to recognize that this relatively new situation has important ramifications for how businesses operate, and we’re making some progress. Insight Center.

Constraint 8

Constraint Supply Chain Resources Operations 8

Harvard Business Review

FEBRUARY 29, 2016

For example, it increased both the number and status of safety personnel, and it strengthened safety operating procedures. After the 2005 explosion, the Chemical Safety and Hazard Investigation Board pushed BP to focus more on safety. Further, managers should remain especially vigilant in the promotion of a culture of safety.

Organization 8

Organization McCombs Pharmaceuticals Learning-by-Doing 8

Harvard Business Review

NOVEMBER 20, 2015

The most frequently cited motivation was the mitigation of business risk from potential disruption of operations, supplies, or reputational damage, cited 38% of the time, followed by the motivation to adhere to industry norms of transparency, traceability, environmental responsibility, and other accepted standards, cited 27.6% of the time.

Goal 8

Goal Supply Chain Development Globalization 8

Harvard Business Review

FEBRUARY 8, 2013

Some innovative and determined professionals working in world's largest and most complex corporations are choosing to stay put and use their corporate platforms to lead change. James is using his expertise as a chemical engineer to develop new business models for base-of-the-pyramid consumers. Some are recent graduates.

Real Estate 8

Real Estate Constraint Entrepreneur Restructuring 8

Harvard Business Review

JUNE 17, 2016

In everything it does, the company pays as much attention to its growth engine — its ability to manage innovation and launch consistently valuable products — as in any particular garment or device it sells. With all this in place, Starbucks can move with assurance to expand. How do we add value in ways that others do not?

Company 8

Company Engineering Apparel Survey 8

Harvard Business Review

OCTOBER 21, 2016

These require sophisticated, sustainability-based management. This can disrupt a firm’s ability to operate on schedule and budget. ” Improving risk management. ” Improving risk management. On the contrary, academic research and business experience point to quite the opposite.

Supply Chain 8

Supply Chain Price Loyalty Efficiency 8

Harvard Business Review

MAY 6, 2015

Since I prepared that article, new developments have only strengthened the case for a 3-D future – and heightened the urgency for management teams to adjust their strategies. Continuous light interface production , or CLIP, uses chemical reactions to better control the transformation of liquids into solids.

Chemicals 8

Chemicals Technology Industry Film 8

Harvard Business Review

JANUARY 21, 2011

Nevertheless, companies that live and die on operational excellence — such as Amazon.com, FedEx, Southwest Airlines, and Wal-Mart — must continually improve their key processes. Make the role permanent and incorporate it into overall performance management. So what conditions give process owners the best chance of success?

Process 15

Process Supply Chain Balanced Scorecard Engineering 15

Harvard Business Review

FEBRUARY 13, 2017

I talked with Rita McGrath, a professor at Columbia Business School, who together with Ian MacMillan, of the University of Pennsylvania’s business school, developed this classic methodology for planning innovation. In short, too many firms used conventional planning to manage their new ventures. What Is Discovery Driven-Planning?

Planning 8

Planning Benchmarking Project Competitive Advantage 8

Harvard Business Review

SEPTEMBER 13, 2012

On January 19, 2012, after 131 years of operation, the Eastman Kodak Company filed for Chapter 11 protection in U.S. Kodak had built a successful enterprise producing cameras, film, and photographic paper and chemicals, but what people wanted was images, and so when a better way to get those images was found, its customers followed.

Health Care 15

Health Care Levitt Film Chemicals 15

Harvard Business Review

JANUARY 25, 2016

Automobile manufacturers, for example, create products that rely on metals, chemicals, oil, and gas, which are among the most energy- and water-intensive industries. Managing water and energy risks will benefit from a full view of their costs and value to the business. Water and energy demand are deeply linked.

Energy 8

Energy Price Telecommunications Industry 8

Harvard Business Review

APRIL 22, 2016

A few years later, she joined a start-up called BioAmber, producing chemical intermediates using sugars instead of fossil fuels. “Managing career cycles with flexibility and non-linear trajectories is important for us. For these smart, innovative employers, the silver decades may yield gold.

Career 8

Career Real Estate Learning Curve Education 8

Harvard Business Review

SEPTEMBER 23, 2016

Many business leaders are fond of the spurious Peter Drucker quote that “you can’t manage what you can’t measure.” I understood the concern of our store operators, but customers were asking for the service.” To manage the risks of measurement biases, companies must check and recheck their core metrics.

Metrics 8

Metrics Business Model Retail Automotive 8

Harvard Business Review

OCTOBER 28, 2014

At the hoary age of 128, it had already beat the odds twice over when it lost its place to chemical maker LyondellBasell at close of trading this year on September 4 th. Founded in 1886 as a mail-order watch retailer, Sears was already 71 when it became an original member of the S&P 500 in 1957.

Retail 8

Retail Quinn Real Estate Apparel 8

Harvard Business Review

JULY 15, 2016

Sasson himself told The New York Times that management’s response to his digital camera was “that’s cute – but don’t tell anyone about it.” Today the company has annual revenues above $20 billion, competes in healthcare and electronics operations and derives significant revenues from document solutions.

Technology 8

Technology Film Gilbert Business Model 8

Harvard Business Review

FEBRUARY 20, 2014

But our 14 million workers, thanks to the machines they operate and the smart, disciplined way in which they work, produce about the same amount of stuff, measured in dollar terms, as China’s 100-plus million factory workers, according to a 2009 study by the BLS. This may all change as China innovates and grows. Far from it.

Intellectual Capital 8

Intellectual Capital Magazine Pharmaceuticals Creativity 8

Harvard Business Review

FEBRUARY 17, 2012

She didn't initiate the conversations by tugging on the professors' heartstrings, highlighting SHE's efforts to improve girl's and women's lives, but rather by challenging the scientists to help her solve a complicated new chemical engineering problem. Managing Emotion Effectively Keeps Business On Track.

Franchising 13

Franchising CEO GDP Entrepreneur 13

Harvard Business Review

OCTOBER 28, 2015

Most innovation teams inside large companies are set up to operate like well-oiled machines. The problem is that while this approach enables large-scale production, it doesn’t seem to work for innovation. The problem is that while this approach enables large-scale production, it doesn’t seem to work for innovation.

Innovation 8

Innovation Team Chemicals Learning-by-Doing 8

Harvard Business Review

FEBRUARY 3, 2011

Companies are increasingly seeing the obvious benefits of slashing energy use, and beginning to include in their calculations the considerable risk reduction from managing water well or limiting the use of toxic chemicals. Risk reduction: Managing your nature-sourced supply chain well can help avoid headaches and possible litigation.

Supply Chain 15

Supply Chain NGO Short-term Competitive Advantage 15

Harvard Business Review

JUNE 7, 2013

In nature, barriers — between organic and inorganic chemicals, between land and sea, between species, between everything — have been built, tested, overcome, rebuilt, and overcome again with almost endless repetition. So how do we operate in an effectively open-source world without barriers? IT management'

Chemicals 8

Chemicals Open-book Technology System 8

Harvard Business Review

DECEMBER 20, 2011

The best analysis of the resource scarcity mega-trend came from asset manager Jeremy Grantham. So it's no wonder that business started to wake up to the serious danger that storms and shortages present to their operations, both from direct damage to property and from massive production interruptions (i.e., business continuity").

Supply Chain 15

Supply Chain Apparel P&L Long-term 15

Harvard Business Review

MARCH 7, 2011

When they set out to turn around processes that have become woefully inefficient or ineffective, most companies choose one of four process improvement "religions": Lean , Six Sigma , Business Reengineering or Business Process Management (BPM). In some of these companies, senior managers were dubious about the claims.

Six Sigma 14

Six Sigma BPM Process Hammer 14

Harvard Business Review

SEPTEMBER 6, 2013

For years, the creative side of the company was the top priority, leaving things like finance, IT, and HR to suffer (yes, they tried to run their operations on spreadsheets). Holding roles ranging from chairman to chief innovation and branding officer, he "tended to zoom in and out, creating confusion about who was in charge."

Supply Chain 8

Supply Chain Company Crisis Crisis Management 8

Strategy Driven

SEPTEMBER 9, 2011

Many people do not typically think of metrics and accounting as roadblocks to innovation, yet you call these out as potential problem areas. Yet for the small handful of companies that have managed to drive growth consistently – even through tough times – the payoff is great. Net present value [NPV] is a case in point.

Innovation 50

Innovation NPV Business Model Constraint 50

Harvard Business Review

MARCH 5, 2013

While there's much chatter in the management world about the need to be adaptable, only a few creative companies and innovative managers have probed the natural world for its adaptability secrets. Adaptability is the power to detect and respond to change in the world, no matter how surprising or inconvenient it may be.

Decentralization 9

Decentralization Real Estate Brand Uncertainty 9

Harvard Business Review

JULY 20, 2016

Sometimes biologists seek these errors out, or even generate them themselves — bombarding organisms with chemicals or radiation to create mutations — in order to discern the space of what is possible for a fruit fly or how bacteria truly operate. Use evolutionary thinking to understand and manage legacy code and systems.

Construction 8

Construction Technology System Software 8