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Why Startups Fail: Six Issues to Avoid

Leading Blog

Tim Eisenmann is a professor at Harvard Business School, where he’s led The Entrepreneurial Manager , a required course for all of their MBAs. Marketing: How much to spend on marketing. . Marketing: How much to spend on marketing. T HE FACT IS most startups fail. Profit Formula: This is your plan for making money.

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The 5 Habits of Mind that Self-Made Billionaires Possess

Leading Blog

Imagine what Atari might have achieved if Steve Jobs had stayed there to develop the first mass market personal computer. Self-made billionaires effectively operate in a world of dualities—they seamlessly hold on to multiple ideas, multiple perspectives, and multiple scales. Management' Patient Urgency.

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It’s Time To Stop VCs Driving Entrepreneurship

The Horizons Tracker

For instance, according to standard investing metrics, to accrue a $1 billion valuation would require an expectation that the business would eventually secure pre-tax operating profits of around $200 million, which while certainly no walk in the park is equally not excessively ambitious.

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Instead of Optimizing Processes, Reimagine Them as Platforms

Harvard Business Review

One applications outsourcing team, for example, proposed a clever UX tweak to help optimize a global fulfillment process their company managed for its biggest client. Traditional operations research process optimization, for example, seldom embraces A/B testing or incorporates customer recommendation engines.

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The Internet of Things Needs Design, Not Just Technology

Harvard Business Review

” will be difficult for many companies to achieve — not for lack of technological expertise but because they’ll fail to recognize the value of design in connected product development. applications pushed technology to address B2B market requirements. This evolution to “Internet of Things (IoT) 2.0”

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Is the Drone's Potential Being Shot Down Too Fast?

Harvard Business Review

What existing solution-provider, in so doing, might you manage to obliterate? In February, as part of an FAA spending bill, Congress ordered the agency to develop rules by 2015 that would allow military, commercial, and privately-owned drones to operate in U.S. He asked the operators to relocate their activities, and they did.

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How Separate Should a Corporate Spin-Off Be?

Harvard Business Review

The traditional advice, from Clayton Christensen’s work on disruptive innovations and Michael Tushman’s on organizational ambidexterity , is to set up the new activity as a separate unit, reporting to a manager at the corporate headquarters who can sponsor the new activity and help to integrate it with the rest of the company.