article thumbnail

How Mature is Your Risk Management?

Harvard Business Review

For years, companies have been pouring money into people, processes, and technology that can help them manage risk. What about the risks that could affect the financial performance (or even the very survival) of the enterprise—risks like brand degradation or product relevance? This is where executives are far less confident.

article thumbnail

Recommended Resources – An Interview with Paul Leinwand and Cesare Mainardi, authors of The Essential Advantage

Strategy Driven

PL and CM: Coherent companies – those that possess a capabilities system that aligns their strategy with their product/service portfolio – generate superior performance over time, which is what we call the coherence premium. SD : What is the ‘coherence premium?’. SD : What does it mean to have a ‘right to win?’.

Insiders

Sign Up for our Newsletter

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

article thumbnail

We Can’t Study Short-Termism Without the Right Metrics

Harvard Business Review

I have worked on research that has found that a strong company culture is associated with lower levels of myopic decision making, better productivity, and innovation. Such misplaced optimism potentially masks underinvestment in technology needed to keep up with the competition. Corporate culture. Creative accounting measures.

EPS 8
article thumbnail

Can We Quantify the Value of Connected Devices?

Harvard Business Review

In the 1990s, Procter & Gamble’s Product Supply Organization kicked off a major Reliability Engineering program, much like the efficiency initiatives of companies such as Toyota. More impressively, by linking all the machines together, they were able to predict — and subsequently improve — overall process reliability and product quality.

article thumbnail

Entrepreneurs Need a Better Way to Cash Out

Harvard Business Review

The most successful, visionary entrepreneurs dream not of millions of dollars, but of a world where their products change culture. But in technology startups, particularly venture-backed technology startups, the current investment climate does not always support that vision.

article thumbnail

The Secrets to TripAdvisor's Impressive Scale

Harvard Business Review

Recently, I wrote about Akamai, a company with strong network effects that successfully transitioned from a single product to build a platform that garners over a billion dollars in revenue and is now a core part of the Internet's fabric. TripAdvisor, in effect, was a model lean start-up with an engineering-driven, product-focused founder.

EBITDA 8
article thumbnail

Category Creation Is the Ultimate Growth Strategy

Harvard Business Review

While I've helped many clients grow their products, brands, and overall businesses, there is nothing as exhilarating as helping a company create an entirely new category. Much of Keurig's success comes from its superior brewer technology and wide variety of K-Cups. Few growth strategies match the economics of category creation.

B2C 12