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How Leading Companies Build the Workforces They Need to Stay Ahead

Harvard Business Review

The strategic underpinnings of most companies’ workforce plans should change dramatically as a result of technological innovation. Digital transformation, the industrial internet, advanced analytics, artificial intelligence, robotics, machine learning, and a plethora of other innovations are fundamentally changing the nature of work.

Company 12
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There Are Two Types of Performance — but Most Organizations Only Focus on One

Harvard Business Review

Tactical performance is how effectively your organization sticks to its strategy. Similarly, when Starbucks baristas make your latte the same way across cafés, or when a software engineer delivers the expected features each sprint, you are witnessing tactical performance. But there are two types that are important for success.

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Don't Let What You Know Limit What You Imagine

Harvard Business Review

In her underappreciated book, The Innovation Killer , Cynthia Barton Rabe, a former innovation strategist at Intel, explains how "what we know limits what we can imagine." The term it used to describe its strategy was "retailtainment" — making it fun for customers to do business in an industry that was devoid of personality.

Banking 18
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Let Go of What Made Your Company Great

Harvard Business Review

As United Rentals, the largest equipment rentals company, shifted its strategy to focus more on national customer accounts, it faced a huge forgetting challenge; branch managers needed to forget the fiefdom mentality. Above all, don’t ignore this challenge as you try to innovate your way to a new model.

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Lessons from Honda's Early Adaptive Strategy

Harvard Business Review

My last post talked about how a little-known company , Grace Manufacturing, took a flexible and opportunistic approach to its strategy when its core business faltered. As it turns out, even Honda's larger bikes were not robust enough for American riders and they started having engine failures. continued to hit the streets.

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Build a ‘Quick and Nimble’ Culture

Harvard Business Review

This month he’s publishing his second book based on the interviews: “Quick and Nimble: Lessons from Leading CEOs on How to Create a Culture of Innovation.” He talked with HBR about why a company’s culture is more important than its strategy — and some of the innovative tactics that CEOs have used to help create a high-performing culture.

CEO 12
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When to Pass on a Great Business Opportunity

Harvard Business Review

Imagine you are the CEO of one of Britain’s oldest and possibly least innovative insurance companies, The Prudential. Or you are a supervisory board member of Mannesmann, a solid German engineering company, and your executive team suggests that the company bid for a mobile telephone license. When Innovation Is Strategy.