Harvard Business Review

OCTOBER 18, 2016

Engineers and managers toil for months, often years, to conceive, develop, and launch new products. Thus, centralized firms more quickly rid themselves of unsuccessful products – almost twice as fast as their more decentralized peers. Killing products isn’t easy. Rapid change requires rapid decisions.

Productivity 8

Productivity Products Decentralization Supply Chain 8

Harvard Business Review

JANUARY 7, 2014

To us, this arrangement makes sense — we work in open source software, which is a decentralized product. We pay a standard rate of $25 per hour, regardless of whether you’re applying to be an engineer or the chief financial officer. If you’re an engineer, you’ll work on engineering problems. Outsiders were dubious.

Chief Financial Officer 12

Chief Financial Officer Decentralization Engineering Short-term 12

Harvard Business Review

APRIL 10, 2012

An engineering analogy may help. The very word "equilibrium" is deeply misleading in this context because it describes a situation that is not an equilibrium, either in plain English or in engineering. How could decentralized trading move markets to equilibrium if there is only one good? But it is pure assumption.

Crisis 19

Crisis Decentralization Marketing Engineering 19

Harvard Business Review

JANUARY 15, 2015

For example, when a large technology firm integrated specialized engineers into its regional sales teams, there were shifts in roles, client coverage, compensation, goal setting, and teamwork. What we know much less about is how to engineer a transformation. The focus is on executing a well-defined shift in the way things work.

Kotter 8

Kotter Decentralization Business Model Engineering 8

Harvard Business Review

SEPTEMBER 14, 2011

Suzlon's head of technology is John O'Halloran, a former Cummins Engine executive who now leads Suzlon's 500-strong global R&D team out of Hamburg. Decentralize and empower global R&D units. Reliance MediaWorks' global creative network is highly decentralized, allowing each design studio head in the U.S. and the U.K.

Globalization 9

Globalization Innovation Decentralization Chemicals 9

Harvard Business Review

NOVEMBER 11, 2013

Much of the advice out there is about simplifying things – delayering, decentralizing, streamlining product lines, creating stronger processes for ensuring alignment, and so on. But perhaps the bigger problem is this advice is all offered with the mentality of an architect or engineer. But this advice has a couple of problems.

Management 8

Management Engineering Decentralization System 8

Harvard Business Review

NOVEMBER 8, 2017

Its employees — product designers and technical engineers, for example — could all tell me their company’s new choices. And if they don’t remember them, the choices cannot influence their behavior, in which case you do not have a strategy (but merely a PowerPoint deck). Consider Hornby again.

Strategy 15

Strategy Bottom-up Balanced Scorecard Resistance 15

Harvard Business Review

NOVEMBER 14, 2017

In the first, it centers on compliance to a pre-determined plan, in the latter on decentralized initiative taking and experimentation. Former Polaroid CEO DiCamillo summarizes the company’s failure well : “The reason we couldn’t stop the engine was that instant film was the core of the financial model of this company.”

Execution 10

Execution Strategy Gantt Chart Film 10

Harvard Business Review

OCTOBER 30, 2018

Meanwhile, data scientists and engineers have a keen eye for identifying feasible data-powered solutions and a strong intuition on what can be scaled and how. Product managers, user researchers, and business leaders traditionally have the strong intuition and domain expertise to identify key unsolved user and business needs.

Productivity 10

Productivity Products How To Long-term 10

Harvard Business Review

APRIL 16, 2018

When Sloan became president of GM in 1923, he put in place planning and strategy, measurements, and most importantly, the principles of decentralization.” And 100 years later Elon Musk would see that the future of transportation was no longer in internal combustion engines and build the next great automobile company.

Transportation 8

Transportation Automotive Brand Engineering 8

Harvard Business Review

MARCH 6, 2015

When globalization becomes decentralized and has no clear owner, the business struggles to coordinate all the moving parts and drive international strategy forward. The engineering team builds software with international users in mind. Content creators think about their audiences in different countries before translation ever happens.

Company 8

Company Globalization Software Wireless 8

Strategy Driven

DECEMBER 3, 2019

organizational structure (such decentralizing and aligning technology to business areas more effectively), and governance. In either case, consider these three focus areas: Frameworks Frameworks are the mechanisms through which a leader facilitates a team to accomplish rigor, alignment, and efficiency.

Agility 65

Agility Banking Supply Chain CTO 65

Harvard Business Review

JANUARY 16, 2017

Rather than managing that complexity by delegating and decentralizing, the CEO became even more controlling. To support a change in strategy from efficiency-driven to innovation-driven growth, the company acquired another company to be its innovation engine. But as the organization grew, its operations became more complex.

Company 8

Company CEO Finance System 8

Harvard Business Review

MARCH 22, 2017

His vision is to decentralize the entertainment industry so that creative individuals can profit from the films, videos, games, and art they help to make. He expects decentralization to “realize a world that utilizes the greatest potential of every person.” ” LeBeau’s vision is not a pipedream.

Creativity 11

Creativity Film Decentralization Reputation 11

Harvard Business Review

AUGUST 6, 2014

search engine company Inktomi in 2002. Wulf noted that Ma studied Jack Welch’s approach and was inspired by GE’s decentralized decision-making. In November 2003, after due diligence, we announced our agreement to purchase 3721 for $120 million. Tsai, for example, clearly understood U.S. A 2010 Harvard Business School case by Julie M.

Chief Financial Officer 10

Chief Financial Officer Operations Learning-by-Doing IPO 10

Harvard Business Review

APRIL 18, 2014

Indeed, "perhaps only in Silicon Valley would a group of engineers think they could hack their way to charisma with a series of neuroscientific shortcuts." In Hamel''s view, every company should be like the internet: decentralized, non-bureaucratic, flexible, and empowering.

Charisma 8

Charisma Hamel Bureaucracy Meyer 8

Harvard Business Review

SEPTEMBER 18, 2015

and China, it has a large population of engineers and factory workers, its intellectual property is widely respected, and it is easy to find English-speaking managers there. company Cummins does manufacture its engines, generators, and turbochargers there to export across the globe. Courtesy of Abbott.

Supply Chain 8

Supply Chain Decentralization Automotive Globalization 8

Harvard Business Review

MARCH 7, 2014

Moreover, Sloan did this by means of organizational mastery, without the major engineering breakthrough that other GM insiders believed was their only hope. Despite his own origins as an MIT-educated engineer, he took inspiration from the “Paris dressmakers.” At General Motors, decision-rights were far more decentralized.

Decentralization 8

Decentralization Venture Capitalist Price Engineering 8

The Horizons Tracker

MARCH 23, 2023

One would assume that if the engines of innovation are working as the hype suggests, Schumpeter’s famous creative destruction would be happening at a rate seldom seen before. “Corporate concentration (e.g., shares of the top 1% or top 0.1% Or, in other words, whether Coarse’s theory of the firm will be more fully tested.

Creativity 118

Creativity Innovation Trends Information Technology 118

Harvard Business Review

AUGUST 18, 2015

By allowing it to attract experts and retain with enticements of growth stocks, Alphabet’s decentralized financial structure may help it in this regard. Alphabet has singled out health and life sciences, and the impact on this sector could be more profound than what Google did with search-engine algorithms in advertising in the 1990s.

Venture Capitalist 8

Venture Capitalist Kleiner Business Model Health Care 8

Harvard Business Review

SEPTEMBER 5, 2016

Operating decisions are almost entirely decentralized. The case of Svenska Handelsbanken is illustrative. Its return on equity has surpassed that of its European peers every year since 1971. In the organization of 12,000 associates, there are only three levels.

Cost 8

Cost Bureaucracy GDP Management 8

Harvard Business Review

JULY 23, 2013

Because digitization has passed power to the consumer, pressing companies to pull together their old decentralized profit and loss fiefdoms to produce experiences consumers find compelling. Many more organizational structure changes are likely to come.

P&L 8

P&L Decentralization COO Restructuring 8

Harvard Business Review

JULY 24, 2013

This approach doesn''t change the organizational structure but adds mechanisms (such as committees or gates) onto a business case process, to increase the coordination of big digital investments across groups such as engineering, operations, or product owners. These enterprises have decentralized management and diversified businesses.

CIO 9

CIO Organization Committee CTO 9

Harvard Business Review

FEBRUARY 6, 2017

Because of the way industrial products are designed and engineered, you know that when your production line is spitting out Model T cars, you can be reasonably certain they will work as designed. In some situations these ideas are the same thing or have such a clear, well-understood relationship that they might as well be the same thing.

Project 8

Project Management Uncertainty Software 8

Harvard Business Review

NOVEMBER 20, 2015

Many corporations have at least some elements of purchasing which are decentralized, meaning the different units may have separate sourcing criteria, payment terms and supplier management practices, creating separate supply opportunities. Innovate and invest, even when it hurts.

Supply Chain 8

Supply Chain Collins Golden Handcuff Pharmaceuticals 8

Harvard Business Review

JUNE 18, 2018

Their feat heightens concerns that rogue regimes and terrorists could similarly modify or engineer pathogens and use them as weapons. Responding effectively to such threats will require a paradigm shift towards approaches that are faster and more agile and decentralized than what exists now. Former U.S.

Engineering 8

Engineering Decentralization Agility Technology 8

Harvard Business Review

JUNE 1, 2018

For example, the invention of more efficient train engines allowed for cheaper transportation that catalyzed the industrial revolution. Unlike large-scale industrial manufacturing, the DGML model emphasizes application that is small-scale, decentralized, resilient, and locally controlled.

Technology 8

Technology Cooper Efficiency Globalization 8