Strategy Driven

JUNE 29, 2016

Professors of business and corporate strategy (which includes me) research and lecture about the goal of long-term “sustained” competitive advantage, driven by grand plans that mesmerize and seduce the most seasoned leaders and leadership teams. This helps avoid the natural resistance to change that the current supplier may have.

Supply Chain 54

Supply Chain Real Estate Resistance Competitive Advantage 54

Harvard Business Review

AUGUST 8, 2013

Recently, Thomson-Reuters published its latest list of the Top 100 Global Innovators honoring the leading organizations and companies most responsible for sizeable, influential patents worldwide. First, many of the Top Innovators employ engineers in emerging countries such as India and China. Here are three main reasons why.

Engineering 8

Engineering Globalization Innovation Marketing 8

Eric Jacobson

MAY 25, 2016

In order to survive over the long term and gain competitive advantage, companies must learn how to connect profoundly with the world around them -- not only with customers and stakeholders, but also with employees, local communities, politicians, and the environment itself."

Company 50

Company Competitive Advantage Open-book Long-term 50

Harvard Business Review

MARCH 2, 2012

As global companies focus their strategies on developed and emerging markets, they require substantial cadres of leaders capable of operating effectively anywhere in the world. American companies and academic institutions possess unique competitive advantages in developing these global leaders.

Competitive Advantage 13

Competitive Advantage Globalization Development Intellectual Capital 13

Strategy Driven

NOVEMBER 7, 2013

We are facing a new world – one that calls for new approaches to generating consistent competitive advantage. The near-universal rush to cut costs and headcount is more likely distracting us from, rather than enabling, the real work of retooling our enterprises to be competitive in this new world. Suppressing Innovation.

Ohno 51

Ohno Productivity Products Six Sigma 51

Harvard Business Review

NOVEMBER 2, 2016

In 1985, Peter Drucker made a hopeful case for an entrepreneurial society in which innovation and the creation of new businesses would more than compensate for job losses stemming from the retreat of manufacturing industries in the U.S. This “VUCA” environment rewards innovation but it also punishes failure more harshly.

Competitive Advantage 8

Competitive Advantage Creativity Drucker Efficiency 8

Strategy Driven

MARCH 28, 2014

International Harvester changed its name to Navistar International in 1986 when it sold its farm equipment business and entered the truck, diesel engine, and bus markets. The Miller heritage could not be lost, particularly because his founding products were innovative for their time. A monthly recurring subscription of $9.95

Brand 60

Brand Marketing Engineering Competitive Advantage 60

N2Growth Blog

JANUARY 13, 2011

As a result of our conversation, I decided to dust-off an old post, give it a few updates, and pass along my thoughts, which can be best summarized as “ Ideas Don’t Equal Innovation. “ It is my hope to help dispel the myth that ideas are inherently good things. Ideas on their own accord are really quite useless.

Blog 413

Blog Innovation Strategic Planning Brand 413

Harvard Business Review

JUNE 2, 2016

Over the last 20 years, digital design and collaboration tools have fundamentally altered how firms approach innovation. The good news, of course, is that this expanded landscape creates an opportunity-rich environment for firms to innovate. The venture mode expands the flexibility and speed with which innovators act.

Innovation 8

Innovation Competitive Advantage Incentives Tools 8

Harvard Business Review

OCTOBER 10, 2017

A recent McKinsey report found that while 84% of corporate executives think innovation is key to achieving growth objectives, only 6% are satisfied with the innovation performance of their firm. Even if executives try to prioritize it, innovation often gets crowded out by more “urgent” short-term pressures.

Innovation 8

Innovation P&L ROI Long-term 8

Harvard Business Review

JUNE 18, 2014

Google has asserted that this will adversely affect innovation, but those claims are premature. Corporations need to see privacy as another market ripe for innovation, one that can yield global profits, because adapting to EU concerns means extending your market reach across the world. Information & technology Innovation'

Innovation 8

Innovation Safe Harbor Compliance Information Technology 8

Harvard Business Review

JUNE 15, 2016

Companies need these practical hacktivists to dream up new ways to meet the needs of consumers who require customization on demand and to outpace competitors in an era when competitive advantage is often fleeting. Windham built an entire ad-hoc team at Stanley Black and Decker — product planners, executives, and engineers.

Bureaucracy 8

Bureaucracy Innovation Brand Competitive Advantage 8

Harvard Business Review

AUGUST 14, 2018

ineffective innovation strategies. failure to fully embed operations in China. 5 Principles for Innovation in Emerging Markets. See More Videos > See More Videos > To date, Western digital firms have failed to capitalize on their perceived competitive advantage in China. Related Video.

Competitive Advantage 9

Competitive Advantage Business Model Technology Marketing 9

Harvard Business Review

DECEMBER 30, 2016

Surely this cheap, customer-centric, and data-driven innovation would impress the client. To make customers measurably happier, optimization mattered less than innovation. Their optimization strengths had become innovation weakness. A little dab of inventory data would enhance both customer expectations and process efficiencies.

Process 10

Process Competitive Advantage Outsourcing Supply Chain 10

Harvard Business Review

SEPTEMBER 6, 2017

The strategic underpinnings of most companies’ workforce plans should change dramatically as a result of technological innovation. Digital transformation, the industrial internet, advanced analytics, artificial intelligence, robotics, machine learning, and a plethora of other innovations are fundamentally changing the nature of work.

Company 10

Company Insurance Engineering Software 10

Strategy Driven

AUGUST 17, 2011

Fifty years ago, we did not have television news anchors, software engineers, web designers, or cosmetic surgeons. It is not enough to be a good surgeon, a civil engineer or a litigation lawyer. Today, half of Symantec’s patents are filed by engineers from outside the United States. That one thing changed a long time back.

Self-aware 50

Self-aware Engineering Chief Technology Officer Learning-by-Doing 50

Harvard Business Review

OCTOBER 18, 2016

For example, some may provide a source of competitive differentiation like the investment that German manufacturer Bosch is making in its internet of things (IoT) data platform. Others are essential to running the existing business but don’t necessarily provide a competitive advantage.

Tools 8

Tools Competitive Advantage Operations Technology 8

Harvard Business Review

JANUARY 14, 2015

In a recent MIT CISR poll, 42% of our respondents said they expected to gain competitive advantage from social, mobile, analytics, cloud, and internet of things (SMACIT) technologies. Because they are so accessible, it is very difficult to generate competitive advantage from any of them. Innovation Strategy Technology'

Strategy 8

Strategy Competitive Advantage Business Model Technology 8

Harvard Business Review

FEBRUARY 2, 2018

Digital natives (Amazon, Google, Facebook, Microsoft, IBM) have gained competitive advantage in the first two, and the jury is still out on the third: Type 1: These are “pure” information goods, where digital natives rule. An aircraft engine is unlikely to become a purely digital product any time soon!

Industry 8

Industry Software Six Sigma Engineering 8

Harvard Business Review

MAY 2, 2013

This is very different from the way large businesses have operated for decades. Only a small percentage came up with anything that was truly innovative. This will lead to new business models, new processes, more meaningful business interactions, innovation, improved and faster decision making, and a more agile organization.

CIO 8

CIO Competitive Advantage Agility Hamel 8

N2Growth Blog

APRIL 21, 2011

Most people tend to look at acquisitions from a rather myopic and traditional M&A perspective: making a strategic or synergistic purchase of an operating entity on an accretive basis. However restricting your view of acquisitions to operating companies is like playing a football game with only one play in your playbook.

Real Estate 353

Real Estate Company Brand Operations 353

Harvard Business Review

JANUARY 27, 2017

The bad news: Petabytes of new data and algorithmic innovation assure that “autonomy creep” will relentlessly challenge human oversight from within. In reality, “handoffs” and transitions prove to be significant operational problems. It’s a different kind of engineering.”

Outsourcing 8

Outsourcing Software CAPEX Competitive Advantage 8

Harvard Business Review

MARCH 20, 2014

In the case of Malaysia Airlines Flight 370, the most impressive fact few reporters choose to explore in any depth is that the Boeing 777’s engine was capable of communicating long after the pilots went silent. Evidently these engines, because they were older, had add-on sensors, not the built-in ones, but the point is the same.).

Airlines 8

Airlines Supply Chain Management Engineering 8

Harvard Business Review

APRIL 3, 2014

It has been more than 100 years since Frederick Taylor, an American engineer working in the steel business, published his seminal work on the principles of scientific management. Hence, the introduction of, say, a risk management team or a compliance unit or an innovation czar. We are living in an age of mounting complexity.

Taylorism 10

Taylorism Taylor Mayo Cooper 10

Harvard Business Review

MARCH 27, 2018

Apple and Google, for example, each control a popular mobile phone operating system platform (and key apps on that platform), Amazon controls the largest online merchant platform, and Facebook controls the largest social network platform. Through their leading platforms, a significant volume and variety of personal data flows. Loss of trust.

Company 9

Company Advertising Incentives Engineering 9

Harvard Business Review

APRIL 26, 2013

In my eyes, the work Steve Blank, Eric Ries, and others have done to provide a cogent, accessible frame around the academic concepts of emergent strategy is one of the most important contributions to the innovation movement over the past few years. That''s not right. Of course, the value of a tool depends on its application.

Ries 8

Ries Telecommunications Business Model Competitive Advantage 8

Harvard Business Review

NOVEMBER 16, 2011

Michael Porter and Mark Kramer argue that shared value encompasses corporate policies and practices that enhance the competitiveness of a company while simultaneously advancing social and economic conditions in the communities in which it operates. For GE, it is the multifaceted healthymagination campaign.

Porter 14

Porter Supply Chain Energy Competitive Advantage 14

Harvard Business Review

JUNE 22, 2012

Recently I asked a high-level Singapore official how Singapore's companies would be able to compete in a world of countries whose companies have greater access to low-cost labor (as in China) and cutting-edge innovation (as in the U.S.). He nodded: "That's our competitive advantage.". Innovation is a continuous dynamic process.

Globalization 13

Globalization Competitive Advantage Software Consultative 13

Harvard Business Review

JUNE 23, 2017

Innovate more effectively? Once they addressed those needs, the company was able to use the great platform to achieve significant savings in operating costs. Formally structured systems, processes, and people devoted to D&A can be a competitive advantage, but clearly many organizations are missing this big opportunity.

Organization 8

Organization How To Supply Chain Technology 8

Harvard Business Review

JULY 15, 2013

As gerajohm commented, "The best executives I have met have had a great understanding of how to use technology to gain competitive advantage and improve operations. Once this was done, the executive leadership and CIO focused on implementing technologies that improve the company''s competitive advantage.".

CIO 8

CIO Crisis Competitive Advantage Webinar 8

Harvard Business Review

JULY 15, 2016

After all, the first prototype of a digital camera was created in 1975 by Steve Sasson, an engineer working for … Kodak. Maybe in 2010 it would have lured a young engineer from Google named Kevin Systrom to create a mobile version of the site. But that doesn’t square with reality. Consider Fuji Photo Film.

Technology 8

Technology Film Gilbert Business Model 8

Harvard Business Review

JANUARY 23, 2017

And just like software engineers who hold code in their head or a law firm partner who controls critical client relationships, the Dana-Farber scientists hold a credible threat of walking out the door with their IP and grant-winning prowess.

Payback Period 8

Payback Period How To Real Estate Hedge 8

Harvard Business Review

MAY 19, 2016

How can we as leaders help our front-line teams take more action to innovate and improve how work gets done? ” Coty’s “Big Opportunity” focused on developing its supply chain into a competitive advantage that could better drive innovation and business growth. Operations in a Connected World.

Supply Chain 8

Supply Chain Kotter Critical Success Factor Learning-by-Doing 8

Strategy Driven

FEBRUARY 7, 2014

They embrace innovations, while keeping the best traditions. Change is innovative. The Old Became the New Again… The original speed for phonograph records, as invented in 1888, was 78-RPM, which engineers determined to be the most ideal for sound quality. Innovated It… and Teach You Why. by Hank Moore.

Planning 68

Planning Learning Curve Learning-by-Doing Budgeting 68

Strategy Driven

OCTOBER 11, 2013

Business shift from the retail dealer customer service mentality of Firestone shifted to a high-production tire operation. When they are compelled to do so, company leadership will provide leadership for change management and re-engineering…two of the many worthwhile concepts that should be advocated every business day.

Crisis 60

Crisis Crisis Management Retail Budgeting 60

Harvard Business Review

APRIL 27, 2015

Can you think of any business topic that’s been hotter for longer than innovation? In a McKinsey poll , 94% of the managers surveyed said they were dissatisfied with their company’s innovation performance. And yet when it comes to innovation, the gap between aspiration and accomplishment seems as big as ever.

Innovation 8

Innovation Company Engineering Supply Chain 8

Harvard Business Review

NOVEMBER 14, 2011

In what now seems a distant past, company research facilities like Xerox PARC and Bell Labs fueled innovation and growth for dominant American manufacturing firms. Large firms like Proctor & Gamble can push R&D and product innovation out through their supplier networks.

Innovation 14

Innovation Supply Chain Competitive Advantage Globalization 14