Mills Scofield

DECEMBER 5, 2014

Once upon a time, before the era of big data analytics, corporations had similarly routine business growth issues and threats: i.e.: after years of being the market leader in a specific product category, they quickly begin to lose market share, they wanted to introduce their product into a new market. Fast forward to today.

Stage-Gate 128

Stage-Gate Productivity Products Innovation 128

HR Digest

JANUARY 6, 2022

The pandemic gave us the opportunity to really test our agility and innovation, and I am proud to say we exceeded expectations, ” she says. “ Our values informed our guiding principles, developed by our CEO and implemented by our Executive Committee, for operating through COVID-19.

Leadership 52

Leadership Agility Diversity Competitive Advantage 52

Great Leadership By Dan

JANUARY 10, 2012

I wrote that Washington suffered from a “complacency cancer,” that after 250 years as the nerve center of the most prosperous, innovative, militarily and economically advanced nation in modern history, success had gone to our political leaders’ heads. Do important meetings end with no decisions about what needs to happen immediately?

Kotter 245

Kotter Succession Committee Learning-by-Doing 245

Marshall Goldsmith

FEBRUARY 8, 2018

Authority on new technology and communication. Co-founder of Rose Park Advisors—Disruptive Innovation Fund. A leading thinker on strategy and breakthrough innovation. Deepa Prahalad – Focused on design and emerging markets. Telisa Yancy – Chief Marketing Officer at American Family Insurance. Non-profit CEOs.

Executive Coaching 70

Executive Coaching CEO Magazine Banking 70

Harvard Business Review

SEPTEMBER 11, 2017

Companies and government agencies often make the mistake of viewing innovation as a set of unconstrained activities with no discipline. In reality, for innovation to contribute to a company or government agency, it needs to be designed as a process from start to deployment. As the head of the U.S.

Process 13

Process Innovation Incubator Committee 13

Strategy Driven

JUNE 29, 2016

Instead, longevity is based on entrepreneurial thinking and innovation – in exploring ways to adapt corporate and business strategies in response to market, technological, and social and cultural change. It is fashionable today to have management committees, at various organizational levels, working as teams.

Supply Chain 52

Supply Chain Real Estate Resistance Competitive Advantage 52

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

MARCH 17, 2011

A big insurance company I know of wants to design a radical new future, so they have committed significant resources to large-scale innovation. But the board and executive committee are asking the innovation team all the wrong questions — questions that will kill any innovation project. What are you learning?"

Innovation 16

Innovation Committee Market Segmentation ROI 16

Harvard Business Review

FEBRUARY 21, 2014

On my last trip to India, I witnessed an innovation experiment, National Agro Foundation (NAF) , that addresses this wicked problem. A large part of NAF’s effort with farmers is to help break their initial emotional barriers to new technologies. Therefore addressing the problem of rural poverty assumes urgency.

Innovation 9

Innovation Microfinance Parcell Technology 9

Harvard Business Review

MARCH 9, 2015

Firms who buy up vast swaths of dubious patents and then use them to squeeze settlements out of deep-pocketed (or not) technology companies and their customers troll the federal courtrooms of the Eastern District of Texas, notorious for its excessive jury awards to plaintiffs. Most of the provisions range from common sense to obvious.

Innovation 8

Innovation Technology System Consensus 8

Harvard Business Review

APRIL 7, 2011

We all know innovation has its own language conventions, rich with revolutions , evolutions , ecosystems , and more. Innovators, after all, are trying to communicate the promise of something that may not exist yet, and sometimes that requires some optimistic adornment. We wanted to learn more.

Innovation 15

Innovation Construction Engineering Self-aware 15

Harvard Business Review

JANUARY 28, 2013

When I urge managers in a company to make open innovation part of their innovation strategy, they get it conceptually. Every year, FVA conducts an industry-wide technology search to identify new and emerging solutions, and it shares the results as a service to its member companies.

Innovation 8

Innovation Maturity Engineering Industry 8

Harvard Business Review

SEPTEMBER 17, 2014

Your energy and track record of successfully launching high-impact initiatives scored you a plum role heading up innovation. Expectations are high, but some skeptics in the organization feel that innovation is an overhyped buzzword that doesn’t justify being a separate function. Congratulations!

Innovation 8

Innovation Planning Short-term Long-term 8

Harvard Business Review

MARCH 10, 2016

Only six percent of the directors overseeing the world’s biggest banks have any technology experience. Technology is transforming the rules of businesses and reshaping industries in just about every sector. So, what role should a board play in deciding on technology investments and shaping businesses in the digital age?

Delegation 8

Delegation Technology Committee Banking 8

Strategy Driven

MARCH 18, 2011

In The Essential Advantage : How to Win with a Capabilities-Driven Strategy , Booz & Company’s Paul Leinwand and Cesare Mainardi maintain that success in any market accrues to firms with a coherence premium – a tight match between their strategic direction and the capabilities that make them unique. Let’s go after it.”

Resources 52

Resources Industry System Strategy 52

Harvard Business Review

JUNE 10, 2014

Education is on the brink of rapid change that will create a lot of value for innovators. One representative example: April’s Education Innovation Summit , where more than 2,000 people energetically discussed how technology and markets are charting the future of education globally. “I

Real Estate 8

Real Estate Education Disruptive Innovation Asset Management 8

Harvard Business Review

MAY 25, 2015

The abysmal job market for teens is forcing many of them to think differently about work. Today’s teens are getting a completely different work experience than I did – and it’s better preparing them to be innovators. And don’t forget the competitive college admissions market.

Entrepreneur 8

Entrepreneur Rogers Committee Technology 8

Women on Business

JANUARY 24, 2011

Evaluate organizations online: their mission, major products/markets, history, and biographies of key participants. If you have more time, contribute to an association committee. Base marketing initiatives on shared values and multiple-agendas. These three are then best assisted by feedback from other professionals.

Press Release 100

Press Release Discount Sharpe Advertising 100

Harvard Business Review

SEPTEMBER 10, 2015

And yet when companies suddenly decide to “get more innovative,” starting hackathons, idea competitions, and accelerator programs, they typically forget to address all those things that kill perfectly good ideas after they hatch. Here are six ways to change that. Start with a survey. At the storage and software company EMC Corp.,

Venture Capitalist 8

Venture Capitalist Company Due Diligence Chief Information Officer 8

Harvard Business Review

JANUARY 24, 2011

The deal will result in transfer of most, if not all, of GE's advanced avionics technology to the joint venture with the strong possibility that it will also find its way to Avic and/or others in China outside the joint venture as other technologies have been doing in similar cases in other industries. Okay, sure.

Committee 14

Committee Globalization Advice Engineering 14

Harvard Business Review

SEPTEMBER 20, 2013

Apple's Chiefs Discuss Strategy, Market Share — and the new iPhones Bloomberg Businessweek "Is taking the high road truly a sustainable strategy, or does it merely delay the inevitable?" Does a unit of market share matter if it''s not being used?" But big questions remain. Focusing on France and the U.S.,

Cooper 8

Cooper Committee Bottom-up Strategy 8

Harvard Business Review

DECEMBER 10, 2015

The assumption is that a merger will make it easier to achieve economies of scale, develop a large but narrow network of preferably healthy patients, establish data registries, and integrate expensive technology. Five main factors make our clinical partnerships work: Joint operating committees that meet regularly.

Health Care 8

Health Care Committee Balanced Scorecard Discount 8

Harvard Business Review

JANUARY 27, 2017

Even better, they would respond 10 times faster to market moves than existing processes while requiring minimal human intervention. The bad news: Petabytes of new data and algorithmic innovation assure that “autonomy creep” will relentlessly challenge human oversight from within. That was the challenge. All-In Autonomy.

Outsourcing 8

Outsourcing Software CAPEX Competitive Advantage 8

Harvard Business Review

MARCH 28, 2014

Right now, the FCC is working on the biggest transformation in over a century of profound technological progress in communications: shutting down the analog telephone network. Until the Internet, both technologies boasted nearly 100% penetration. It’s an end-game everyone needs to keep a close eye on.

Technology 8

Technology Information Technology Wireless Proposal 8

Harvard Business Review

DECEMBER 22, 2010

The Nike Foundation also leans on its expertise in innovation and scale to find solutions to poverty, while keeping its operations separate from the business. To do this, Goldman used its competencies in understanding markets, convening needed expertise and business networks. Early results are encouraging.

Core Competence 15

Core Competence Market Segmentation Globalization Reputation 15

Harvard Business Review

SEPTEMBER 23, 2011

But when product markets are big and the rate of change in the industry is high, capital markets are unforgiving. James Stewart reports the astonishing news that no one on the board beyond the 4-person CEO search committee even interviewed Apotheker before hiring him. So HP's share price tanked and Apotheker was let go.

CEO 11

CEO Price Committee Letter 11

Harvard Business Review

SEPTEMBER 20, 2012

Companies that correctly match their strategy-making processes to the competitive circumstances of their industry, business function, or geographic markets perform better than those that don't. But, as I discussed my last post , far too many lack a systematic way to do so.

Strategy 8

Strategy Organization Committee Environment 8

Harvard Business Review

SEPTEMBER 23, 2011

Do any of us really believe that changing the composition of a few board committees, or recruiting a few more independent directors, would have allowed HP to maintain its status as one of the most prosperous organizations ever to rise from Silicon Valley? Which leads to my second big thought about the current HP news.

Venture Capitalist 14

Venture Capitalist CEO Long-term Magazine 14

Harvard Business Review

MAY 9, 2011

Cisco's councils and boards — a language that already suggests committees rather than goal-oriented projects — were supposed to speed things up and stimulate more innovation by creating cross-functional groups that could generate ideas about market-facing, solutions-oriented projects and organize across the organization to get them done.

Team 15

Team Sports Teamwork Bureaucracy 15

Harvard Business Review

AUGUST 28, 2012

While business markets are obviously different from societies in many ways, they share more things in common, especially in today's networked world. Many companies, dipping their toes into social media and Web marketing, try to engage with bloggers who've built up audiences and exert influence over their buying decisions.

How To 12

How To Chief Technology Officer Audience Banking 12

Harvard Business Review

AUGUST 17, 2017

Meanwhile, new technologies are making it easier for sustainability investments to pay off in the middle to long term. Most plans have fewer than six: one or two financial metrics, such as sales growth or earnings per share, and two or three nonfinancial metrics, in areas such as quality or innovation. It’s not for every company.

Execution 11

Execution Metrics Long-term Incentives 11

Harvard Business Review

JULY 23, 2014

The “conventional” workspace (drop ceilings, monochromatic cubicles and all) is being phased out in favor of connected spaces that encourage innovation and demand collaboration while still prizing individuality. This is exactly how voice-based marketing automation firm Ifbyphone found success.

Conference 8

Conference CRM Creativity Committee 8

Harvard Business Review

NOVEMBER 14, 2011

Bank of America convenes a local committee of bank leaders in each of its 45 Neighborhood Builders markets then uses a short application and lots of on-the-ground research to select two awardees per community per year. And, as a result, we are now able to identify three key reasons why it has been so effective.

Case Study 14

Case Study Banking Participative Training 14

Harvard Business Review

APRIL 5, 2017

What if concentrated market power of a few companies in an industry has made these companies more profitable than usual? I have worked on research that has found that a strong company culture is associated with lower levels of myopic decision making, better productivity, and innovation. Are all share repurchases myopic?

EPS 8

EPS Metrics Depreciation Short-term 8

Harvard Business Review

SEPTEMBER 24, 2014

Disclosure: I’m on the steering committee of RE100 this group working to bring in corporate members.). Apple’s Tim Cook spoke as well, saying “the time for inaction has passed,” and commenting that we don’t need to accept any “tradeoff between economy and environment — both are doable if you innovate and set the bar high enough.”.

IRR 8

IRR Energy Tips Commitment 8

Harvard Business Review

MAY 14, 2013

Europe''s $100 billion carbon market, an innovative force in the powerful carbon-reduction approach known as cap and trade, has ceased to function the way it''s supposed to. This has drastically reduced the incentives for them to invest in or deploy clean-energy technologies or to modernize their energy-infrastructure assets.

Price 8

Price Energy Politics Marketing 8

Harvard Business Review

JANUARY 18, 2012

When Palmisano retired this month, the media chronicled his success by focusing on IBM's 21% annual growth in earnings per share and its increase in market capitalization to $218 billion. His first act was to abolish IBM's corporate executive committee. In the 21st century only IBM's Sam Palmisano has done so. Directness.

Globalization 15

Globalization Golden Parachute Short-term Long-term 15