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Joint Ventures Reduce the Risk of Major Capital Investments

Harvard Business Review

The latest nuclear reactor designs, promising higher safety, longer operating life, and lower operating costs, cost up to $25 billion after factoring in the huge budget overruns. The common idea behind these models is that the company does not have to be the (full) owner of the asset to be its (sole) operator.

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If America Is a Land of Abundance, Why Are We So Divided?

Harvard Business Review

All these ideas embody "us vs. them" thinking, which is quite prevalent, albeit more subtle, in business: There are those that decide strategy, and those that execute the strategy. More and more companies embrace consumers as "co-creation" partners in their innovation efforts, instead of as buyers at the end of a value chain.

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Old Management Systems Stifle New Business Models

Harvard Business Review

Strategies for staying ahead. Instead, they’re taught to focus on their income statement and optimize their operations around preserving profitability. But the tools we have to evaluate and reward managers point them away from the strategies that leverage information. Insight Center. The New Ways to Compete. The challenge?