Remove Development Remove Fixed Costs Remove Innovation Remove Management
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During this Crisis, Don’t Expect Business as Usual from the Family Enterprise

Strategy Driven

In the last half-century, the pace of change and the many innovations that have reorganized our behavior in no way compare with the unanticipated situation we now face from the coronavirus pandemic. We simply have no precedent for how to plan for what may come next, or for managing the pace of the upheaval.

Crisis 66
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How Industry Giants Can Create Corporate Breakthroughs

Harvard Business Review

Most large corporations will admit to struggling with innovation. But in reality most companies, particularly those that manage to last for any reasonable period of time, do day-to-day innovation extremely well. It''s not like large companies never manage to do it. Your television picture quality is significantly better.

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What BMW’s Corporate VC Offers That Regular Investors Can’t

Harvard Business Review

Gimmy’s task was clear but highly demanding: to reimagine the way BMW innovates. To fill the void and build such a new BMW startup unit, Gimmy partnered with an experienced innovation manager from BMW, Matthias Meyer. At the time, BMW had no dedicated, company-spanning unit to leverage the creative power of startups.

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When M&A Is Not the Best Option for Hospitals

Harvard Business Review

Many hospitals system executives underestimate the cost of both pursuing an acquisition and managing the post-merger integration.). The advantages that hospital systems can derive from scale fall into four groups: Classic economies of scale focus on lowering the cost per unit of care delivered (e.g.,

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Deliver Big Impact on a Small Budget

Harvard Business Review

We didn't want to burden the organization with fixed costs. Almost everything had to be free, and the few things we paid for had to be scalable so that the unit costs would eventually approach zero. This removed the biggest bottleneck to innovation — us. Software development" and "hardware" are bad words.

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Aligning Your Organization with an Agile Workforce

Harvard Business Review

Google and Intel rely on experts in social science and biomechanics to develop transformative products by better understanding how people think about and use technology. Too often, purchasing departments manage the selection while operating managers—not involved in selection by fiat—are expected to make the relationship work.

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Why Tesco’s Strengths Are No Longer Good Enough

Harvard Business Review

UK retail, like the rest of the developed world, is witnessing a few big long-term trends. So with such a track record of strategic innovation, why has Tesco been blindsided by the hard discounters like Germany’s Aldi and Lidl? Why travel to a supermarket for the monthly big shop if you can buy it online and have it delivered?

Retail 11