Why Your Company Should Use the Kickstarter Model to Innovate

Harvard Business Review

Corporate behemoths — like IBM and its innovation jams , 3M''s open innovation efforts and Procter &Gamble''s connect + develop programs — are constantly looking for ways to cost-effectively leverage their scale while safely exploring potential innovation opportunities.

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Tell Me Something I Don't Know About Women in the Workplace

Harvard Business Review

We talked to 24 current and former not-white-male CEOs , who spoke candidly about what they faced as they built their careers and how they developed inclusive organizations. The stats below offer a startling glimpse into what work and leadership is like for women around the world.

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Announcing the Leaders Everywhere Challenge

Harvard Business Review

In most organizations, the responsibility for setting direction, developing strategy and allocating resources is highly centralized. It will need an organizational model that gives everyone the chance to lead if they're capable; and a talent development model that helps everyone to become capable. Push down P&L responsibility and give lower level employees a lot more decision-making autonomy.

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The Hidden (in Plain Sight) Legacy of Steve Jobs

Harvard Business Review

When one of Apple's design teams was tasked with developing a DVD-burning software program for high-end Macs, developers spent weeks putting together a plan. Place product experience first, not P&L. Jobs considers P&L to be a distraction. According to Fortune Magazine , only one executive at the firm — the CFO — has P&L responsibility.

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The $2,000 Car

Harvard Business Review

Increasingly, Western companies are developing products in countries like China and India, and then distributing them globally. For example, GE developed an ultra-low-cost ultrasound for rural China which is now marketed in over 100 countries. Logitech developed an affordable mouse for the China market which sells for (the Chinese equivalent of) $19.99 Local Growth Teams (LGTs) must have P&L responsibility (this is a key hurdle for American multinationals).

Top 10 Green Business Stories of 2011

Harvard Business Review

Increased demand for transparency and its close partners, (a) the quest to define and develop useful sustainability metrics and (b) the growing sustainability data explosion. The movement has been building for years, from P&G opening up its product development pipeline early in the 2000s to the launch of the GreenXchange for sharing green patents early in 2010. Valuing and internalizing the externalities: Puma Calculates its Environmental P&L.

Top 10 Sustainable Business Stories of 2012

Harvard Business Review

This year, there were countless eco-efficiency stories about companies saving millions of dollars and developing new tools to make buildings, fleets ( Staples and UPS, for example ), and manufacturing much leaner. It's time once again to try and summarize the last 12 months in a handy list.

Is It Heresy to Make Salespeople Pay Their Expenses? An HBR Management Puzzle

Harvard Business Review

Plus our sales cycles are long, and developing cross-functional relationships at customers is a key sales task.

The 787's Problems Run Deeper Than Outsourcing

Harvard Business Review

Rather, the issues the plane has been facing have much more to do with Boeing's decision to treat the design and production of such a radically new and different aircraft as a modular system so early in its development. The thing about these Government contracts is that they are paid as development proceeds. They didn't want to pay full price for the Dreamliner's development, so, they didn't — or at least, that's what they thought.

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Bring Back the General Manager

Harvard Business Review

Here are several ideas: Turn discrete customer segments or geographies into P&L units by giving managers the ability to "purchase" centralized services, and the accountability for achieving profitability targets. Allow for two types of development paths in companies — within functional specialties and across them — so that at least some managers broaden their exposure and get more general management learning. Leadership development Managing people

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Microsoft's Skype Deal: How to Make it Work

Harvard Business Review

P&L organizations are typically designed to tightly link a product's cost to its revenues but they also stifle flexible thinking — about how to grow users independent of revenue, or how to get revenue from sources other than price. If this winds up recasting P&L responsibilities and incentives toward pay product managers, Microsoft may lose free product users as it begins to appear advantageous to ignore them in favor of customers for pay products.

Educate Everyone About Second-Generation Gender Bias

Harvard Business Review

I look around and see that my male colleagues have P&L responsibility and most of us are in staff roles. They can seek out sponsors and others to support and develop them in those roles. In our work with leadership development programs, we focus on a "small wins" approach to change.

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Why Face-to-Face Meetings Make All the Difference

Harvard Business Review

In today's economy, where the fast growth of emerging markets outpaces America and the developed world, if you haven't gone global yet, it's time to get moving. At Hartwell Pacific, the global metal recycling company I founded in 1993 and exited in 2008, I was operating factories in six different cities in four countries, so developing an effective global management system was critical. [For more, visit the Communication Insight Center.].

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Warren Buffett's 2010 Shareholder Letter: What to Expect

Harvard Business Review

Berkshire's talented managers get the P&L independence to run their own businesses. In 2009, he confessed to developing an ill-conceived plan to market GEICO credit cards and also failed to rein in NetJets' debt, which had soared to $1.9 This Saturday, Feb. 26, many thousands of people around the world will download Warren Buffett's 2010 shareholder letter.

Where Will You Be in Five Years?

Harvard Business Review

Most businesses don't even know what's going to be required in two or three years," says Joseph Weintraub, a professor of management and organizational behavior at Babson College and co-author of the book, The Coaching Manager: Developing Top Talent in Business. Saying you want P&L responsibility in five years when you have no such ambitions may land you the job, but ultimately will you be happy? Focus on learning and development.

Case Study: The Gentleman's 3

Harvard Business Review

The best way to evaluate an employee is to look at his unit's P&L. If there's no relevant P&L, you're pretty much flying blind.". Well-executed evaluations give a company the data it requires to develop talent. Editors' Note: This fictionalized case study will appear in a forthcoming issue of Harvard Business Review, along with commentary from experts and readers. It is based on the HBS Case Study "Compensation and Performance Evaluation at Arrow Electronics" (case no.

Case Study: Time for a Unified Campaign?

Harvard Business Review

You're responsible for your own P&L, just like all the other hotel managers, and that includes promotional spending of any kind. After three years and $500 million in development costs, it was a gorgeous hotel, the best designed and best located in the company's portfolio. We'd have to develop a clear plan and get everyone on board — Hans, Beatriz, everyone.".