Remove Decentralization Remove Finance Remove Operations Remove Technology
article thumbnail

What are the best cryptocurrency exchanges in the world?

Strategy Driven

The exchange itself was established in 2017, but its founder – Changpeng Zhao – had previously worked in teams related to finance and cryptocurrencies. Binance Labs is responsible for coordinating and financing projects based on blockchain technology, and Binance Research is responsible for providing high-quality analysis.

Armstrong 131
article thumbnail

Hospital Budget Systems Are Holding Back Innovation

Harvard Business Review

We have identified how hospitals’ budgeting systems have erected three distinct barriers to the adoption of technology. These barriers, however, can be overcome by changing how hospitals acquire new technology and by providing incentives to units to use digital innovations to provide more effective and efficient care.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Companies, Governments, and Nonprofits Can Create Social Change Together

Harvard Business Review

. “To prosper over time,” he argued, “companies must benefit all of their stakeholders, including shareholders, employees, customers, and the communities in which they operate.” Through a well-structured operating process, partners expand and align their efforts and draw on comparative strengths.

Company 10
article thumbnail

Global NGOs Spend More on Accounting Than Multinationals

Harvard Business Review

Who, for instance, would have guessed that global NGOs spend nearly 80% more to track their finances and employ nearly twice as many finance staff as comparable for-profit multinationals? In time, corporations learned to build the administrative and technical infrastructure needed to manage their sprawling operations.

article thumbnail

Companies That Don’t Manage Utilities Strategically Are Throwing Money Away

Harvard Business Review

You’d think that increasingly sophisticated technology would help reduce this waste. However, overspending is often the result of decentralized and siloed decision making over the utility budget. states with deregulated power markets) and technologies (e.g., There are all kinds of new energy providers (especially in U.S.

article thumbnail

Do Not Split HR – At Least Not Ram Charan’s Way

Harvard Business Review

Charan has turned his attention to these organization dynamics in response to CEOs recognizing that technology, operations, access to financial capital, and even strategic positioning statements are less differentiating than their organization’s ability to respond to opportunities. This is both unfair and simplistic.

Charan 10
article thumbnail

An Insider’s Account of the Yahoo-Alibaba Deal

Harvard Business Review

content (news, finance, weather) into two Chinese languages, and directory access to 20,000 web sites, an approach that the company had adopted elsewhere. By mid-2004, however, the operation was mired in conflict over control and differences in management style. On the finance and deal side, we also felt a strong kinship with Tsai.