Harvard Business Review

AUGUST 27, 2015

So although you might expect that in a hypercompetitive environment, ambitious companies would constantly wrest market share from the leading firms, the reality is quite the opposite. The proportion rose slowly and relatively steadily, reaching 5% by the mid-1990s. It then leapt suddenly to 14% by the 2005–2007 period.

ROIC 8

ROIC McKinsey GDP Company 8

Harvard Business Review

DECEMBER 8, 2010

And unfortunately, it's also one of the most in need of radical institutional innovation. And the systemic result of that is crisis, stagnation, and decline. But prosperity is always going to accrue to those who innovate yesterday's rusting, creaking institutions. But to the newcomers, let me explain what I mean.

GDP 15

GDP Hypercompetition IPO Information 15

Harvard Business Review

FEBRUARY 16, 2011

Incentives shape human behavior — and overcounting benefits and undercounting costs is a surefire way to blunt our incentives to innovate, to take on ambitious goals, and create real value. Innovation atrophy. Corporations would fail at innovating, creating, and engaging. Let's call it Enronia, for short.

Incentives 15

Incentives GDP Hypercompetition Self-aware 15