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Decentralization Helps Firms Weather Turbulent Times

The Horizons Tracker

A new paper highlights the importance of a decentralized organizational structure during such periods of turbulence. The managers also revealed how autonomous their decision making was in terms of new products, sales and marketing decisions, and hiring permanent employees. The data shows that sales at decentralized firms fell by 8.2%

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How to Optimally Align IT with Your Business Processes?

Strategy Driven

IT is an important subject for any organization and it becomes increasingly interwoven with business operations. The market a company operates in should also be taken into account for enterprise architecture. For the IT architecture to be effective, it should be between centralized and decentralized. Two Views on IT.

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Determination is Not Enough; Content Creators Need Blockchain on Their Side

Strategy Driven

Blockchain technology – the decentralized tech that was famously introduced to supports bitcoin – is now be leveraged to remedy the many disparities that exist in today’s online content landscape. operate using for-profit, centralized business models that are wholly dependent on third parties. Don’t take my word for it.

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4 Tips for an Effective Enterprise Mobility Strategy

Strategy Driven

Co-location facilitates collaborative teamwork and innovation, so companies have to find a way to balance the needs of their employees with these core fundamentals. Let’s take innovation, for instance. We’ve also been told that silos can stifle innovation and should be avoided at all costs. The answer is yes.

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How Big Companies Should Innovate

Harvard Business Review

They're bad at innovation by design: All the pressures and processes that drive them toward a profitable, efficient operation tend to get in the way of developing the innovations that can actually transform the business. But giving up the pursuit of innovation seems less than satisfying, if not unrealistic.

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Two Questions to Ask Before You Set Up an Innovation Unit

Harvard Business Review

Despite good intentions—and widespread acceptance of the importance of innovation—efforts to innovate at large companies often lack a clear mission and framework, and as a result, they go off the rails. At Samsung, the other aspects of the innovation process are relatively well managed at the operating level.

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India Remakes Global Innovation

Harvard Business Review

Dr Reddy's plan is to leverage Chirotech's scientific capabilities to optimize drug development processes, thus lowering manufacturing costs and speeding time-to-market. In recent years, Indian firms such as Dr Reddy's have also started globalizing their R&D footprint by moving into Western markets.