Steve Farber

NOVEMBER 6, 2017

” So, when the team shared the key problems that were holding back progress, Conley turned to something he knew rather well: a method for innovation that originated in 1946 with Russian scientist and writer Genrich Altshuller. “No, I just know a systematic innovation methodology.”

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TRIZ Altshuller Tips Innovation 82

Deming Institute

JANUARY 15, 2018

Bob provides an overview of inventory (they use Just in Time inventory methods to create efficient processes and systems) and typical financial metrics to examine how their business has done using Deming’s ideas (along with theory of constraints ). It is very difficult to copy when you start undoing the cultural things.

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Deming Company Management Conference 53

N2Growth Blog

OCTOBER 19, 2016

Engineering and creating sustainable advantage is the focus of the new paradigm for strategy management, detailing how the intersection of intelligence and innovation come together to deliver and sustain superior financial performance and value creation.

Strategic Planning 150

Strategic Planning Planning Competitive Advantage Long-term 150

Harvard Business Review

MARCH 29, 2018

The audience for such innovation wants to be receptive: A recent American Hospital Association (AHA) survey found that 75% of senior hospital executives endorsed the importance of digital innovation. Yet, despite their stated enthusiasm, hospitals have been notoriously slow to adopt digital innovations. health care system.

Budgeting 8

Budgeting System Innovation Payback Period 8

Harvard Business Review

AUGUST 21, 2018

Businesses understand the power of digital innovations to reshape industries and markets. Yet, time and again, they have struggled to innovate with new and disruptive technologies. In theory, investor incentives align with what is good for the firm. Investors affect innovation investments. Simon McGill/Getty Images.

Innovation 10

Innovation Company Marketing Christensen 10

Harvard Business Review

OCTOBER 5, 2012

CEOs of large companies face a conundrum: they are confronted with a growing number of frugal consumers clamoring for affordable solutions, yet their existing corporate culture and incentive systems are designed to support a "bigger is better" business model — not to deliver more with less. In sum, CEOs need a frugal innovation agenda.

CEO 15

CEO Innovation Restructuring Incentives 15

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. No special incentives.

Innovation 8

Innovation Company Six Sigma Constraint 8

Harvard Business Review

MARCH 16, 2016

Collaborative innovation is a hot topic in the B2C space, where it overlaps with crowdsourcing, but we see B2B players taking an interest as well. Nonetheless, innovating with customers should work well in B2B, as it should give companies a deeper knowledge of their customers and promote a trusting relationship.

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B2B Innovation Company Workshop 8

Harvard Business Review

OCTOBER 5, 2012

CEOs of large companies face a conundrum: they are confronted with a growing number of frugal consumers clamoring for affordable solutions, yet their existing corporate culture and incentive systems are designed to support a "bigger is better" business model — not to deliver more with less. In sum, CEOs need a frugal innovation agenda.

CEO 8

CEO Innovation Restructuring Incentives 8

Harvard Business Review

MARCH 16, 2017

But how does the presence of climate skeptics affect the market for climate-related innovation? They ensure that would-be climate entrepreneurs have less incentive to invent. To reduce flood damage to real estate, we will need architectural innovations. So they have no incentive to purchase them.

Entrepreneur 9

Entrepreneur Aggregate Demand Incentives Real Estate 9

Harvard Business Review

MAY 16, 2017

Yet while the incentives for dismantling bureaucracy are substantial, so are the hurdles. Disempowerment: too many constraints on autonomy. To what extent does it undermine resilience and innovation? By our estimates, an excess of bureaucracy costs the U.S. economy more than $3 trillion in lost economic output per year.

Bureaucracy 8

Bureaucracy Organization Constraint Cost 8

Lead Change Blog

OCTOBER 21, 2011

Posted in Leadership Development This post is the fourth in a series that began here summarizing the findings of a one-year study of workforce leadership. Through that process, we identified six practices next-generation leaders use to be effective; a new model of leadership we call WEadership, in a nod to its collaborative nature.

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Course Leadership Development Process Development 272

Harvard Business Review

APRIL 2, 2018

Because patients regularly change insurers, any individual insurer has less incentive to commit to investing in an expensive, high-value treatment if the return on investment could end up accruing to a competitor. Many high-value treatments take several years to yield significant health benefits.

Health Care 8

Health Care Insurance Pharmaceuticals Incentives 8

Harvard Business Review

NOVEMBER 2, 2012

First, why did it take a team from emerging markets to adopt this US innovation? Second, why do cost-saving innovations like these fail to get adopted in the US health care system? Such severe economic constraints can, counter-intuitively, be an advantage in the innovation game. This raises two nettlesome questions.

Health Care 15

Health Care Cost Quality Price 15

Harvard Business Review

JUNE 19, 2017

As more and more companies face disruption from globalization, new technology, and startups that have more capital than the incumbents, the continuing cry from Wall Street investors is, “Why can’t companies be as innovative as startups?” Yet those very weaknesses give startups an overwhelming advantage in innovation.

Company 8

Company Hotels Business Model Drucker 8

Harvard Business Review

MARCH 2, 2012

This healthy, innovative sector holds out vast promise, but missteps now could cost the United States its lead. has underwritten much of the technological innovation behind clean energy's progress. has underwritten much of the technological innovation behind clean energy's progress. The clean-energy field is evolving rapidly.

Energy 11

Energy Competitive Advantage Price Constraint 11

Harvard Business Review

JANUARY 7, 2014

If they want their organizations to generate more good ideas, monetize the best of them, and in general innovate faster, they need to not only tolerate but celebrate the fruitless pilots and instructive flops that are an inevitable part of the process. The saying “nothing ventured, nothing gained” dates back centuries, after all.

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Incentives Survey Innovation Constraint 8

Harvard Business Review

AUGUST 30, 2012

One Fortune 100 firm showed me its comprehensively designed internal "innovation culture" intranet survey containing 25 questions. But the discipline and constraint of honing in on the four or five that matter most helps avoid the intellectual sloth, cognitive laziness and marketing lassitude that longer surveys effectively invite.

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Survey Reputation Constraint Marketing 15

Harvard Business Review

SEPTEMBER 24, 2015

At the time, Zhengfei had no idea what a stock option system was – not being familiar at that time with the types of incentives systems developed in the West. This entrepreneurial spirit allows the company to learn and innovate, collectively, in support of Huawei’s mission: “To improve quality of life through communication.”

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Case Study ESOP Incentives Long-term 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. The solution: change insurers’ financial incentives. First, a little background.

Cost 8

Cost Insurance Incentives Policies 8

Harvard Business Review

OCTOBER 17, 2018

They will benefit from innovations enabling them to serve (and perhaps create) new markets and, at the same time, gain share from non-AI adopters in existing markets. The answer is that they may face short-term constraints and may bet—wrongly—that time is on their side. A race between firms.

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GDP McKinsey Long-term Technology 10

Harvard Business Review

APRIL 25, 2016

It’s even become a noun of sorts — uberization — which people use to describe a disruptive change to a staid industry ripe for innovation (though, to be sure, the popularization of the word “disruptive” means that it is often used in ways that the concept’s author , Clay Christensen, didn’t intend).

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Organization Airlines Constraint Power 8

Harvard Business Review

JULY 17, 2013

In actual fact, I''ve found, saving "the ask" for the end of the document increases the risks of encountering a hidden enemy of innovation inside large companies: the "soft yes." You almost always can find money in someone''s budget, or find creative ways around financial constraints to progress a new idea.

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Exit Strategy Document Short-term Constraint 8

Harvard Business Review

OCTOBER 11, 2013

Corporate incentives and culture may be even more important in explaining what changed on Wall Street in recent years, and by placing too much emphasis on quantitative ratios like leverage, we may be missing some other important parts of the problem. But leverage ratios aren’t the only risk factors that matter.

Incentives 8

Incentives Banking Ethics IPO 8

Harvard Business Review

NOVEMBER 19, 2012

Irrigation is a big deal in many countries: in just the last 50 years, the world population has doubled and irrigation water is increasingly becoming a critical constraint in many parts of the world. In case you missed it, the 2012 World Food Prize went to Daniel Hillel , an Israeli scientist who, in his own words, ".helped

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Business Model Technology Mission Statement Rate of Return 8

Harvard Business Review

OCTOBER 15, 2013

When it comes to innovations in health care delivery, these Indian hospitals have surpassed the efforts of other top institutions around the world. This innovation has also reduced costs. These hospitals have also been innovative in compensating doctors. Innovation has flourished in the U.S. Today, the U.S.

Health Care 10

Health Care Cost Lean Production Innovation 10

Harvard Business Review

DECEMBER 18, 2012

The mega forces driving sustainability deep into business — such as climate change, resource constraints, and transparency — are getting stronger. The math and physics of a planetary constraints get clearer. The green supply chain gets some teeth: Walmart changes incentives for buyers.

Supply Chain 10

Supply Chain Constraint P&L Energy 10

Harvard Business Review

MARCH 14, 2016

.” The history of the founders and entrepreneurs behind unicorns is therefore rich in failures; this allows them to instill in their companies a culture that emphasises the importance of anticipating the constraints behind an innovative idea as fast as possible by testing its viability. Financed by VC firms. Narrowly focused.

Company 8

Company Succession Analysis Entrepreneur 8

Harvard Business Review

AUGUST 4, 2017

Meanwhile, Subaru extends well-matched offerings at the right time in the consumer life cycle, from prepurchase targeting to end-of-lease management and loyalty incentives to repurchase. Retailer relationships can impose varying levels of constraint in D2C selling — less for apparel, perhaps, and more for CPG.

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Retail Brand Apparel Discount 8

Harvard Business Review

MARCH 8, 2011

Editor's note: This post is part of a three-week series examining innovation in health care, published in partnership with the Advanced Leadership Initiative at Harvard University. In a world with severe healthcare resource constraints, mobile digital technology can be a major " force multiplier." There are now more than 5.3

Wireless 15

Wireless Health Care Pharmaceuticals Business Model 15

Harvard Business Review

APRIL 8, 2015

Their innovation efforts tend to be focused wholly on the creation of new value; meanwhile, the question of how exactly they will be compensated for it usually goes unexamined. Pricing textbooks certainly all assume they do, or at least that they want to achieve a certain profit level under given constraints. Why is it that?

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Balanced Scorecard Company Price KPI 8

Harvard Business Review

APRIL 11, 2013

There is huge potential to speed up permits and land acquisition particularly for new transport infrastructure, to structure contracts to encourage innovation and cost savings, and to strengthen collaboration with contractors. There is every incentive to be smarter about tackling our infrastructure problems.

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Transportation GDP Globalization Finance 8

Harvard Business Review

OCTOBER 21, 2013

Now consider a host of other conflicts: from interdepartmental turf wars, to poorly designed agreements between hospital systems and insurance providers, to the difficulties encountered in aligning hospital goals and incentives with those of contracted physician groups. Leading Health Care Innovation. Might they be a spoiler?

Strategy 8

Strategy Health Care Compliance Policies 8

Harvard Business Review

JANUARY 23, 2017

Most of us assume that if we want to change people’s behavior, we need to change their incentives. The parallels with business are clear: Stars are a crucial but perhaps fragile source of innovation and competitive advantage. And they faced big constraints.

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Payback Period How To Real Estate Hedge 8

Harvard Business Review

NOVEMBER 11, 2013

Increasingly, companies are applying data-driven methodologies such as carbon footprinting, product indexing, lifecycle analysis, and ecosystem services valuation to support smarter decision-making and business innovation. Far from scaling back on resource use, we’re consuming more resources than ever – even as sustainability mainstreams.

Analysis 8

Analysis Licensing Globalization Project 8

Harvard Business Review

SEPTEMBER 5, 2013

So large-scale re-engineering programs, productivity drives, and changes to the incentive system are unlikely to work: they can easily be resisted, ignored or gamed. Marissa Mayer, Yahoo''s CEO, ended the company''s work-from-home policy to foster a more collaborative, innovative environment.

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Productivity Products Peer Review Short-term 8

Harvard Business Review

NOVEMBER 28, 2017

But what this conclusion neglects entirely is the incentive value of profit. Doing so entails operating more efficiently or innovating to create products that consumers value more. Touting profitability may impress investors who understand it as an indication of efficiency and innovation in the face of adversity.

Company 8

Company Short-term Long-term Price 8