article thumbnail

Leadership Is About to Get More Uncomfortable

Harvard Business Review

Such “co-opetition” will require leaders to maintain a difficult dual perspective – rivals must be simultaneously seen as both vital partners and market threats. Altrocentric leaders will be capable of long-term vision encompassing both global and local perspectives.

article thumbnail

Joint Ventures Reduce the Risk of Major Capital Investments

Harvard Business Review

The model can be a win-win as long as the two companies address different customer segments. A long-term financial investor (company A) and an industrial operator (company B) set up two joint ventures for an industrial asset: one that owns the asset, and another that operates the asset. Benefits and risks of co-opetition.

article thumbnail

Old Management Systems Stifle New Business Models

Harvard Business Review

On a short-term basis, the only thing they can expect in return for focusing on data is the headaches that follow from explaining, justifying, and evaluating their operations to colleagues and investors. And there are certainly no “digital ratios” to help your shareholders value your business’s future earnings potential.