article thumbnail

Jack Welch’s Approach to Breaking Down Silos Still Works

Harvard Business Review

I learned this from working with senior executives at one of the world’s largest high-tech engineering companies recently, who were concerned that many of their big customer programs were over budget and behind schedule. As a result, we still need the Work-Out process to improve cross-boundary collaboration.

Welch 8
article thumbnail

Blockchain Could Make the Insurance Industry Much More Transparent

Harvard Business Review

In effect, they all had skin in the game, which remains one of the most elusive elements of modern finance. Thus a trust and efficiency engine like blockchain technology has the potential to drive radical change in the insurance industry while improving transparency and outcomes across the entire value chain.