Harvard Business Review

JANUARY 18, 2012

To concentrate on customer solutions, Palmisano spun off personal computers and disk drives and acquired PriceWaterhouseCoopers' consulting business. This meant abandoning IBM's existing organization, in which product silos and geographic entities operated independently and frequently were more competitive than collaborative.

Globalization 15

Globalization Golden Parachute Short-term Long-term 15

Harvard Business Review

JANUARY 6, 2014

So let’s stop putting “operational,” “incremental,” and “adjacent” improvements under the innovation umbrella. They iteratively refine the innovations, and make decisions about whether to fail or scale, based on pilots and additional tests (incubation). Second, demystify the process.

Innovation 8

Innovation Incubator Taylorism Taylor 8

Harvard Business Review

SEPTEMBER 6, 2017

CEOs complain that they don’t know where to get the talent, or they’re not finding a consulting firm that can walk them through the transformation end-to-end, or they have to satisfy Wall Street, or they don’t know how to incubate the change. These difficulties are real, but they must be overcome.

CEO 11

CEO Price Incubator Resistance 11

Harvard Business Review

AUGUST 11, 2017

In phase 3, successful portfolio transformations require financial discipline that is not an event, but a pattern; strategic clarity that is not a direction, but a commitment; operational excellence that is not a tool, but a mindset. Once a firm is acquired, the LCP often facilitates the transformation process.

Due Diligence 8

Due Diligence Leadership Early Adopters Incubator 8

Harvard Business Review

FEBRUARY 3, 2014

Seed investors are mostly operating as growth investors, expecting that the entrepreneur will somehow manage to bridge the gap and bring a concept to realization. In our incubation methodology at 1M/1M , we actively encourage entrepreneurs to engage in services businesses. The bar to raise seed funding is getting higher and higher.

Productivity 8

Productivity Products Customer Intimacy Benchmarking 8

Harvard Business Review

NOVEMBER 21, 2017

Reach out to your network to identify former employees, as well as others who know the company, such as consultants, auditors, lawyers, contractors, and suppliers. A few years ago Brad Neuenhaus was invited to join a company that was being incubated out of a large teaching hospital in Boston. Trust your judgment and make a decision.

How To 8

How To Incubator Due Diligence Case Study 8

Harvard Business Review

MARCH 29, 2011

Its success, however, as an educational entrepreneurial incubator, suggests that it is a potential source not only of future leaders and innovators in education but as a model for educational leadership creation in itself. Indeed, the TFA application process is highly selective and consists of multiple steps.

Entrepreneur 14

Entrepreneur Education McKinsey Sample 14

Harvard Business Review

APRIL 25, 2018

Ultimately, though, the goal is for your employee to operate more autonomously, says Burris. At the time, Anand was helping to build an incubator for Verizon and the employee — we’ll call him Peter — was a front-end Android developer who had been hired as a contract worker. ” Give specific feedback.

Management 12

Management How To McCombs Project 12

Harvard Business Review

MARCH 8, 2013

This framework has the potential to reverse the typical role of CSR, currently viewed as a way to "give back" to communities that a business operates in. As FSG, the global social impact consulting firm founded by Mark Kramer and Michael Porter, put it in a recent report : "The effect this change of mindset can have on companies is profound.

Entrepreneur 8

Entrepreneur Porter Team Innovation 8

Harvard Business Review

OCTOBER 26, 2015

As innovation consultant Pete Maulik told me, “It’s time to switch from here they come to this is how we’re going to win.” It requires a new set of tools: a more open and flexible mind-set, significant process changes, as well as new technology and infrastructure. That’s an enormous mistake.

Company 8

Company Hotels Travel Class 8

Harvard Business Review

NOVEMBER 19, 2013

They pay upwards of $300K to $1 million to consultancy firms that conduct market analyses and in-depth need-finding, identify new opportunities, generate promising ideas, and, often, develop ideas into working prototypes. All of this can make clients, who are paying high fees for innovation consulting, nervous. A Different Approach.

Innovation 9

Innovation Company Entrepreneur Constraint 9

Harvard Business Review

APRIL 10, 2013

I met Slovenian entrepreneur, Sandi Cesko, in 2007 when his Ljubljana -based multi-channel retail operation, Studio Moderna , had about $70 million in sales. So Puerto Rican entrepreneurs hire consultants to badger government procurement to pay up, and in parallel they jack up their prices to finance the long receivables cycle.

Entrepreneur 8

Entrepreneur IPO Incentives Venture Capitalist 8

Harvard Business Review

JULY 27, 2017

In 2012, one of us — Gregor Gimmy, a California-based serial entrepreneur and former IDEO consultant — accepted a new role at BMW’s corporate R&D headquarters. Third, corporate VCs and accelerators are costly and complex to operate, turning them into a slow and expensive innovation tool.

Venture Capitalist 8

Venture Capitalist Meyer Innovation Fixed Costs 8

Harvard Business Review

MAY 25, 2018

Our own consulting industry is the poster child for this phenomenon.) Best-in-class players, such as Intel (through technology partnerships) and Tyson (through new-product incubators), have developed the tools to incorporate many different flavors of deal making.

Incubator 8

Incubator Insurance Cost of Capital Competitive Advantage 8

Harvard Business Review

APRIL 27, 2015

By now, your company probably has a new busi­ness incubator, an idea wiki, a disciplined process for mining customer insights, an awards program for successful innovators, and maybe even an outpost in Silicon Valley—all fine ideas—and yet, most likely, it still struggles to meet its growth goals and seldom thrills its customers.

Innovation 8

Innovation Company Engineering Supply Chain 8