Mills Scofield

MAY 13, 2012

Perhaps innovators and entrepreneurs aren’t more risk-o-philic, they just define risk differently – not following one’s passion and purpose is a greater risk than financial or reputational security. We can all learn from their transformative innovations. ” Well, someone = us !

Business Model 154

Business Model Constraint Innovation Licensing 154

Mills Scofield

DECEMBER 10, 2013

This hit home in the span of less than a week when 4 separate ‘events’ screamed Status Quo Alert at me: In finishing Raj Patel’s, The Value of Nothing: How to Reshape Market Society and Redefine Democracy , one of our society and economy’s basic assumptions, the concept of private property, is challenged.

Human Capital 141

Human Capital Constraint Media Banking 141

Harvard Business Review

OCTOBER 1, 2014

The success of the Indian Space Research Organization (ISRO) in placing the Mangalyaan satellite into orbit around Mars last week has three important lessons for companies about winning in emerging markets: big ambitions are critical, constraints can be liberating, and India can be an R&D powerhouse.

Innovation 9

Innovation Constraint Engineering Automotive 9

Harvard Business Review

JULY 2, 2012

Carlos Ghosn, Chairman and CEO of the Renault-Nissan Alliance, famously coined the term "frugal engineering" in 2006. He was impressed by Indian engineers' ability to innovate cost-effectively and quickly under severe resource constraints. Yet engineers and scientists love challenges.

CEO 15

CEO Innovation Constraint Engineering 15

Harvard Business Review

JULY 18, 2011

Technical innovations explicitly intended to save water led to greater waste and frustration. Sustainability can be subverted by the everyday inconvenience of innovations that prioritize environmental efficiency over effective performance. This gray market innovation climate invites SMOG — for Sneaky Modifications of Greentech.

Innovation 12

Innovation Marketing Efficiency Energy 12

Skip Prichard

FEBRUARY 6, 2020

You can spend all the time in the world on strategy sessions, competitive plans, innovation , and product development, but it all falls apart if you don’t have the right talent. In business terms, a superstar computer engineer is unlikely to write 100 times more code than an average performer. Hire the Best.

Sports 102

Sports Definition Long-term Quality 102

Harvard Business Review

OCTOBER 5, 2012

In sum, CEOs need a frugal innovation agenda. Frugal innovation is the ability to innovate cost-effectively and sustainably under severe resource constraints. Carlos Ghosn isn't the only CEO spearheading the frugal innovation revolution. Specifically, CEOs must: 1.)

CEO 15

CEO Innovation Restructuring Incentives 15

Harvard Business Review

NOVEMBER 18, 2013

Historically, multinationals innovated in rich countries and sold those products in poor countries. Reverse innovation is doing exactly the opposite. It is about innovating in poor countries and selling those products in rich countries. Reverse innovation is also a significant learning opportunity for students in engineering.

Education 8

Education Innovation Engineering Constraint 8

Harvard Business Review

MARCH 2, 2018

The healthcare industry has long relied on traditional, linear models of innovation – basic and applied research followed by development and commercialization. An alternative emerging at healthcare institutions worldwide is human-centered design and co-creation, a set of approaches that can accelerate and humanize healthcare innovation.

Health Care 10

Health Care Innovation Mayo Stage-Gate 10

N2Growth Blog

SEPTEMBER 1, 2010

I'm not sure Godin's work classifies as leadership…though I do read it every day, it's more for marketing tips and deep thoughts. reduced due to time constraints, but if you wanted to get a head start on finding the best ones, check out this list by Mike Myatt, and this one by Jurgen on [.] I’m not an MBA.

Blog 378

Blog Leadership Follow-up Media 378

Harvard Business Review

OCTOBER 5, 2012

In sum, CEOs need a frugal innovation agenda. Frugal innovation is the ability to innovate cost-effectively and sustainably under severe resource constraints. Carlos Ghosn isn't the only CEO spearheading the frugal innovation revolution. Specifically, CEOs must: 1.)

CEO 8

CEO Innovation Restructuring Incentives 8

Harvard Business Review

MARCH 26, 2012

Western multinationals — especially the most successful ones — consistently struggle to achieve their growth targets in emerging markets. Because they try to repeat their past success formulas — the ones that work so well for them in developed markets. It is impossible to earn healthy profits in emerging markets.

Chief Technology Officer 12

Chief Technology Officer CTO Constraint Engineering 12

Harvard Business Review

JULY 14, 2017

Singapore has overtaken Silicon Valley as the world’s innovation hub after FDA regulation prompts a brain drain from California. Infomocracy , by governance researcher Malka Older, explores how software could change our public institutions through the social and technical engineering of elections.

Stephenson 15

Stephenson White Paper Real Estate Hedge 15

Harvard Business Review

MAY 22, 2018

Believe it or not, bureaucracy was once a progressive innovation. But agile innovation teams work better than current approaches, and agile principles hold that making immediate progress beats waiting for perfect solutions before starting out. I wasn’t a software engineer, and I was tempted to leave agile methods to the geeks.

Bureaucracy 11

Bureaucracy Agility Energy Constraint 11

Harvard Business Review

JUNE 29, 2016

The impact of “social entrepreneurs” — individuals who deploy innovation and market forces to fill social needs — is growing. Turning an enterprise into a talent development engine is critical to retaining talent and filling senior leadership roles. Vincent Tsui for HBR. And how can they do it?

Entrepreneur 15

Entrepreneur Glocalization Survey McKinsey 15

Harvard Business Review

DECEMBER 13, 2017

Beyond shipping new features on a regular cadence and keeping the peace between engineering and the design team, the best PMs create products with strong user adoption that have exponential revenue growth and perhaps even disrupt an industry. Performing market assessments. Core Competencies. Running design sprints.

Productivity 8

Productivity Products Core Competence Management 8

Harvard Business Review

FEBRUARY 8, 2013

The lure of establishing an organization that uses market mechanisms to achieve its mission is substantial. 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. Some have decades of experience in their industry.

Real Estate 8

Real Estate Constraint Entrepreneur Restructuring 8

Harvard Business Review

AUGUST 6, 2012

Meeting his revenue goals depends on his ability to gain customers in markets awash with global financial giants and well-placed local players. Despite the fact that Lim's employer is a relative latecomer to the market, Lim is doing well. It seems a rational matching of external market needs to a professional's individual strengths.

Banking 13

Banking Constraint Maturity Marketing 13

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

Harvard Business Review

OCTOBER 22, 2013

Innovation starts with new and novel ideas. When we surveyed over 300 global executives between 2008 and 2009, one of the primary concerns they expressed was their inability to compete long term without a solid innovation engine that can grow their top line. Finding ideas is never the problem — initially. Find Pivots.

Skills 8

Skills Power Six Sigma Disruptive Innovation 8

Harvard Business Review

APRIL 4, 2012

In low-income countries, according to World Bank data in a recent paper by the consultancy Dalberg, 43% of businesses with between 20 and 99 employees say that access to finance is a major constraint. The White House has called this gap between the demand and supply of finance for small and medium enterprises a "market failure.[and]

Entrepreneur 14

Entrepreneur Globalization Microfinance Finance 14

Harvard Business Review

JULY 17, 2014

Professionals of color, women, and LGBTs find there is a much narrower band of acceptance, and the constraints bite harder than wearing more polished outfits, getting a decent haircut, or even de-emphasizing an accent. But what if conforming to your organization’s definition of EP clashes with your sense of self?

EPS 8

EPS Hypercompetition Diversity Constraint 8

Harvard Business Review

JULY 15, 2016

Today, the term increasingly serves as a corporate bogeyman that warns executives of the need to stand up and respond when disruptive developments encroach on their market. Once one of the most powerful companies in the world, today the company has a market capitalization of less than $1 billion. Why did this happen?

Technology 8

Technology Film Gilbert Business Model 8

Harvard Business Review

JANUARY 10, 2013

The opportunity may entail: 1) pioneering a truly innovative product; 2) devising a new business model; 3) creating a better or cheaper version of an existing product; or 4) targeting an existing product to new sets of customers. For example, a new venture might employ a new business model for an innovative product.

Definition 10

Definition Entrepreneur Tactics Business Model 10

Harvard Business Review

SEPTEMBER 21, 2012

These high-growth jobs focus on the science, health and business fields — positions like biochemists, market research analysts and occupational therapists are set to skyrocket over the next decade. Time and cost constraints limited these options. If workers are anxious about this shift, so are employers.

Skills 17

Skills Six Sigma Supply Chain Education 17

Harvard Business Review

NOVEMBER 4, 2015

This is especially true when businesses are considering entering emerging markets or aim to realize opportunities to create high-performance, high-value products and services that appeal to consumers in poor and rich countries alike. Engineers are very good at solving problems they know are problems.

Engineering 8

Engineering Innovation Constraint Price 8

Harvard Business Review

JUNE 23, 2017

D&A should be the pulse of the organization, incorporated into all key decisions across sales, marketing, supply chain, customer experience, and other core functions. Increase market share? Innovate more effectively? What’s the best way to build effective D&A capabilities? Jumpstart process and cost efficiency?

Organization 8

Organization How To Supply Chain Technology 8

Harvard Business Review

MARCH 1, 2018

Consequently, if we want new medical innovations to be financially viable for the patients who need it most, health insurance markets need to be regulated to eliminate the perverse financial incentives that limit patients’ coverage. Insurance markets are failing to deliver. First, a little background.

Cost 8

Cost Insurance Incentives Policies 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. And they faced big constraints. Convince with quantitative evidence.

Payback Period 8

Payback Period How To Real Estate Hedge 8

Harvard Business Review

OCTOBER 11, 2013

The design engineers kept taking incremental risks that they thought were acceptable and normalized them — until the disaster. At Goldman Sachs, one element that was different in the lead up to the financial crisis was not the amount of leverage but the constraints and incentives faced by partners.

Incentives 8

Incentives Banking Ethics IPO 8

Harvard Business Review

JULY 15, 2013

The Management Innovation Exchange is currently running a competition to "hack" the human resources function to enable organizational adaptability. All the parts of the organization have to come together and build a common language to discuss their markets and their enterprise. As IT steps up as mentor, it needs to mature as well.

CIO 8

CIO Crisis Competitive Advantage Webinar 8

Harvard Business Review

FEBRUARY 17, 2012

Because the "unmentionable" subject of menstruation is taboo, the market failure — supplying cheaper pads — had never received the attention it deserved. In countries like Mozambique and Rwanda, where the per capita GDP is under $1,000, the average annual cost of $33 (12 months x 5 days x 5 pad/day x.11/pad)

Franchising 13

Franchising CEO GDP Entrepreneur 13

Harvard Business Review

JUNE 23, 2015

The executive team of a consumer healthcare company had concluded that the rise of new competitors meant the company needed to up its innovation game. A creativity consultant said to signal that it was a new era in the organization, all of the top executives should dress up as innovation superheroes. The problem was clear.

Innovation 8

Innovation Company Six Sigma Constraint 8

Harvard Business Review

MARCH 6, 2013

As disruptive innovations enter the market with faster velocity and increased firepower, entrepreneurs are finding themselves dealing sooner and more intimately with the law. Sometimes, the innovation is just too new, creeping out consumers and lawmakers who hurriedly work to ban it. and urged Congress to outlaw the technology.

Innovation 8

Innovation Disruptive Innovation Constraint Entrepreneur 8

Harvard Business Review

FEBRUARY 16, 2018

While India remains a formidably challenging market, there are at least three reasons why global firms cannot overlook India without consequences. This means significant growth potential for multinationals who have core competencies in high-tech infrastructure solutions such as jet engines, turbines, CT scanners, and satellite communications.

Globalization 8

Globalization CAGR Class Marketing 8

Harvard Business Review

NOVEMBER 6, 2013

You’ve got funding and the blessing of your CEO and Board to go ahead with this high-profile “experiment” Your venture could be a growth engine for your corporation’s otherwise large but slow and steady core business. Finally, describe your “ Freedoms” and “Constraints”. Entrepreneurship Execution Innovation'

Innovation 8

Innovation Constraint Analysis Objective 8

Harvard Business Review

JULY 12, 2017

Digital players wield outsize market power. With products that rely on network effects, these players enjoy economies of scale and dominant market share. They have deep resources for innovation with the ability to accelerate the penetration and adoption of digital products. Digital markets are uneven.

Innovation 8

Innovation Policies Technology Politics 8