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Creating a New Approach to Engineering and Innovation at Hitachi Metals - SPONSOR CONTENT FROM HITACHI METALS, LTD.

Harvard Business Review

As the new general manager of the Global Research & Innovative Technology Center (GRIT) at Hitachi Metals, Kenichi Inoue is tasked with creating an updated framework for research and development in advanced materials, helping his organization make the shift to a new approach to engineering and innovation in a disrupted world.

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Private Equity Can Make Firms More Innovative

Harvard Business Review

And a recent working paper out of the Dusseldorf Institute for Competition Economics ( DICE ), a think tank of sorts, focuses on the latter by exploring whether leveraged buyouts (LBOs) make firms more innovative. PE investors don’t typically invest in firms known for innovation. ” There were other limitations.

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What Economists Know That Managers Don’t (and Vice Versa)

Harvard Business Review

But what many economists generally gloss over is a notion that I will argue is highly complementary to market failures: management failures. Businesses and management experts, in contrast, tend take the opposite position. This is a reminder that serious students of market performance take market failures seriously.

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What Economists Know That Managers Don’t (and Vice Versa)

Harvard Business Review

But what many economists generally gloss over is a notion that I will argue is highly complementary to market failures: management failures. Businesses and management experts, in contrast, tend take the opposite position. This is a reminder that serious students of market performance take market failures seriously.

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Why Leaders Need to Think More Like Professional Gamblers

Leading Blog

We tend to see situations in one of two ways: either events are certain and can, therefore, be managed by planning, investment, and reliable budgets; or they are uncertain, and we cannot manage them. Our instinct for determinism may well have been an evolutionary innovation. Let’s consider a few examples.

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The Impact of the Blockchain Goes Beyond Financial Services

Harvard Business Review

In the early days of the web, many management thinkers, present company included, speculated that the internet would reduce companies’ internal and external transaction costs, especially the cost of search, coordination, and communication. Creating a better sharing economy. The Internet of Everything needs a Ledger of Everything.

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Why Rational People Can’t Succeed as Economic Forecasters

Harvard Business Review

What effect does it have if we innovate? What effect does it have if we change the way we manage firms? If you get very confident that government knows what it’s doing and can manage the economy well, does that increase risk at all? Economy Entrepreneurship Managing uncertainty'