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Breaking Through | A New Frontier of Technology and Innovation

N2Growth Blog

We are witnessing the creation of an entirely new paradigm, a fierce wave of technological innovation boosting generations of new businesses and business leaders. The pace of technological applications and innovations has increased significantly in recent years. Innovation is doing new things.” – Theodore Levitt.

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How to Ensure the Success of a Position Your Company Hasn’t Had Before

Harvard Business Review

Too much structure will stifle creativity and innovation. Sustainability managers in this configuration have considerable discretion to launch and champion innovative social and environmental initiatives. This will temporarily exempt managers from the organizational bureaucracy and give them the freedom to experiment and innovate.

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An Inside View of How LVMH Makes Luxury More Sustainable

Harvard Business Review

The company is a €36 billion decentralized collection of valuable brands — which they call houses (or maisons ) — covering fashion, wine and spirits, cosmetics, and jewelry. The most innovative part of LVMH’s carbon strategy is the use of an internal carbon fund. Supply Chain Partnerships.

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Centralized Decision Making Helps Kill Bad Products

Harvard Business Review

Thus, centralized firms more quickly rid themselves of unsuccessful products – almost twice as fast as their more decentralized peers. Product termination requires the adjustment of a range of interdependent activities such as product road maps, factory schedules, and supply chains. Rapid change requires rapid decisions.

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An Agenda for the Future of Global Business

Harvard Business Review

Meanwhile, business was free to focus on generating growth, productivity, innovation, and, ultimately, societal wealth. While the last wave of globalization centered on accessing foreign markets and creating low-cost global supply chains, the next wave could follow a very different pattern. These are the seven areas: 1.

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Using Supply Chains to Grow Your Business

Harvard Business Review

Challenged by other entrepreneurs in Scale Up Milwaukee’s Scalerator program to come up with a plan for rapidly ramping up his business, Cronce wondered: “What if I redefined Raphael as a strategic link in the global medical imaging supply chain, rather than as a paint shop?” Manage the arduously long sales cycle.

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Creating Inspired, Open, and Free Organizations

Harvard Business Review

In their new book, Beyond Performance: How Great Organizations Build Ultimate Competitive Advantage , Scott Keller and Colin Price identify nine factors that are critical to organizational health: Direction, Accountability, Motivation, Leadership, Coordination & Control, External Orientation, Culture & Climate, Capabilities, Innovation & Learning.