article thumbnail

The Strategic Leader’s Roadmap

Strategy Driven

billion into Nissan, but in return it required more than 36 percent of the company’s ownership and a commitment from Nissan to appoint Renault executive Carlos Ghosn as Nissan’s chief operating officer. Learn to Lead Strategically. Ensure Strategic Fit. Renault agreed to infuse $5.4

article thumbnail

The Risks and Benefits of Using AI to Detect Crime

Harvard Business Review

How companies are using artificial intelligence in their business operations. But determining whether AI crime-fighting solutions are a good strategic fit for a company depends on whether the benefits outweigh the risks that accompany them. Below, we explain some of the steps they’re taking: Evaluating the strategic fit.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Merck Is Trying to Keep Disrupters at Bay

Harvard Business Review

Within EB, Merck first created a Global Health Innovation Fund and then a Healthcare Services and Solution unit to identify, develop, and operate nascent opportunities that fit that thesis. For ideas to become reality, a company needs repeatable processes, not only out-of-the-box insights.

article thumbnail

You Can’t Engage Employees by Copying How Other Companies Do It

Harvard Business Review

Managers are trained, developed and evaluated to lead people in accordance with the human values top management espouses. These practices have allowed Southwest Airlines to develop high employee commitment, to be admired for their customer service, and to outperform the industry. Culture is, however, very fragile.

article thumbnail

The Right Kind of Conflict Leads to Better Products

Harvard Business Review

” Members from each partner organization rate the alliance in areas related to strategic fit, operational fit, and cultural fit. Eli Lilly and Company measures the health of its alliances with a “Voice of the Alliance Survey.”

article thumbnail

How to Know If a Spin-Off Will Succeed

Harvard Business Review

The first category is exogenous factors over which the business has little control: the growth of the markets into which it sells; the competitive intensity and thus the average profitability of the industry in which it operates; or the fragmentation of its industry and thus the scope for a growth-by-acquisition approach.

article thumbnail

Microsoft’s Next CEO: How the Board Can Get It Right

Harvard Business Review

Go outside for a more experienced outside CEO of a major enterprise who could further develop Microsoft’s top talent and then be ready to step aside in five or six years. Directors worry about bad acquisitions, bad operating procedures, bad safety measures, and bad multinational expansions that can kill results.

CEO 8