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Future-Proofing Your Business 2020

Strategy Driven

The other side offers raging competition as the internet opens up the market to international players through innovation and technology that is hard to keep up with. Do not dismiss an innovation, thinking it is too early for its implementation. Educate yourself on developments around you, even if not related to your line of trade.

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How Blockchain Will Accelerate Business Performance and Power the Smart Economy - SPONSOR CONTENT FROM MICROSOFT

Harvard Business Review

A blockchain-powered solution would capture information about the product from participants across the supply chain and from different perspectives. Powering the Supply Chain with Internet of Things (IoT) technology. It is estimated that counterfeit drugs cost the industry approximately $200 billion a year.

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Business Can Help End Child Labor

Harvard Business Review

I have always been fascinated by the question: How can for-profit corporations innovate to solve the world’s toughest challenges? Growing up in India, I realized that the country has too few resources to confront its many challenges; the only way India can hope to solve its problems is through innovation.

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Reinvent Your Company by Reassessing Its Strengths

Harvard Business Review

Frito-Lay’s direct-to-store delivery capability, Inditex’s fast-fashion supply chain, and Toyota’s production system took years to hone into true sources of enterprise differentiation. But the capabilities — from merchandising to managing store staff and operating the supply chain — are very different for a small-store format.

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How Software Is Helping Big Companies Dominate

Harvard Business Review

They’re more productive , more profitable , more innovative , and they pay better. Even outside of the tech sector, the employment of more software developers is associated with a greater increase in industry concentration, and this relationship appears to be causal. Andrew Brookes/Getty Images. Policymakers have noticed.

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The Pitfalls (and Upsides) of Partnering with Entrepreneurs

Harvard Business Review

Persuaded initially by the entrepreneur’s whiz bang innovation, corporate executives can then find themselves stuck in a morass of very basic coaching and grooming of their young new partners on the one hand, while fending off the cries of delayed shipments or poor quality from customers further down the line. (No Develop a triage function.

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Why Climate Change and Other Global Problems Are Pushing Some Business Leaders to Embrace Regulation

Harvard Business Review

Companies invested significant resources in pushing for high public policy ambition in agreeing the UN Sustainable Development Goals in 2015. Ultimately, long-term legitimacy, reputation, and license to operate are at stake. A number of CEOs are realizing that such expectations cannot be met by innovation and voluntary actions alone.