Remove Engineering Remove Finance Remove Human Resources Remove Price
article thumbnail

Moving Beyond Company Organization Silos: Lessons from the Aviation Industry

Leading Blog

Even worse, functional processes — finance, human resources, sales, etc. True, we can point to the fact that airplanes are massively engineered for reliability, but let’s look beyond the machinery. logistics, and finance. finance, I.T., They result in information hoarding and lack of communication.

Industry 269
article thumbnail

A New Way for Entrepreneurs to Think About IT

Harvard Business Review

These entrepreneurs typically have an engineering background, and schools that support this approach have strong engineering departments. The magic building blocks that Airbnb adds are tools for matching, spot pricing, and analyzing the data it collects on all participants in its ecosystem.

Insiders

Sign Up for our Newsletter

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

article thumbnail

This Pharma Company Stays Innovative by Doing Two Things

Harvard Business Review

When one of us (Vivek) and his team launched Roivant Sciences in 2014 and began developing treatments for Alzheimer’s disease — they were determined to learn from the pharma industry’s innovation issues and build a more sustainable innovation engine. Food and Drug Administration (FDA), the lowest number since 2007.

article thumbnail

Inequality Isn’t Just Due to Market Forces — It’s Caused by Decisions the Boss Makes, Too

Harvard Business Review

Scholars from a number of fields have offered explanations for this transition, including globalization, technological change, declining unionization, heightened product market competition, and the rise of finance. Take, for example, computer-aided design software , which has greatly transformed the organization of work in many industries.

article thumbnail

An Insider’s Account of the Yahoo-Alibaba Deal

Harvard Business Review

content (news, finance, weather) into two Chinese languages, and directory access to 20,000 web sites, an approach that the company had adopted elsewhere. search engine company Inktomi in 2002. On the finance and deal side, we also felt a strong kinship with Tsai. Those issues slowed us down on the product side as well.

article thumbnail

The Libor Scandal and the Price of Prosperity

Harvard Business Review

This scandal isn't about price-fixing. It's about life, tragedy, and human potential. The most basic function of a financial system is to price money. Or is one more a pawn in a rigged game of self-destruction; a mark in a ponzi scheme; a dull-eyed pack animal to which the engines of extraction are yoked?

Price 15
article thumbnail

6 Reasons Salespeople Win or Lose a Sale

Harvard Business Review

From a departmental perspective, under 20% of accounting and IT staffers want to be challenged, while 43% of the engineering department does. The fashion and finance verticals had the highest propensity to select the best-known, top-of-the-line product, while manufacturing and health care had the lowest. #4:

Price 8