Harvard Business Review

FEBRUARY 5, 2018

Can we please agree that there is no such thing as a corporate entrepreneur? The term corporate entrepreneur devalues what real entrepreneurs do, and it creates a haze of hokum around people trying to innovate in large companies that sets them up to fail. Fly-your-own-plane-to-your-own-private-island-level wealth. Persistence.

Entrepreneur 9

Entrepreneur Venture Capitalist Innovation Long-term 9

Harvard Business Review

MARCH 28, 2014

So it shouldn’t be surprising when a new business model, such as ridesharing, disrupts existing systems and causes friction between entrepreneurs and local government officials, right? Answer: more public entrepreneurs. Public entrepreneurs around the world are improving our lives, inventing entirely new ways to serve the public.

Entrepreneur 8

Entrepreneur Osgood Storytelling Osborne 8

Harvard Business Review

OCTOBER 30, 2017

Less than 1% of those investments have focused on helping consumers to play a more active role in managing their own health, an area ripe for disruptive approaches. Since its founding in 2010, Iora has attracted more than $123 million in funding and now operates 37 practices serving 40,000 patients in 11 states.

Health Care 8

Health Care Innovation Insurance Disruptive Innovation 8

Harvard Business Review

APRIL 6, 2016

The company manages a large, disaggregated workforce of “driver-partners” that deliver a relatively standardized experience to passengers, while simultaneously promoting drivers as independent entrepreneurs whose work is characterized by freedom, flexibility, and independence. Customers act as managers.

Management 8

Management Price Disaggregation System 8

Harvard Business Review

APRIL 10, 2013

I met Slovenian entrepreneur, Sandi Cesko, in 2007 when his Ljubljana -based multi-channel retail operation, Studio Moderna , had about $70 million in sales. That dialog includes all stakeholders, from the entrepreneurs themselves to investors to government policymakers. It is hell to manage.". Even better.

Entrepreneur 8

Entrepreneur IPO Incentives Venture Capitalist 8

Harvard Business Review

JUNE 2, 2016

Managers need a framework for navigating this new landscape and harnessing the power of these new tools. These can be individuals inside corporations, but also entrepreneurs, tinkerers, and do-it-yourselfers who tend to assemble the necessary resources by using intermediate services which provide access to specialized tools and skills.

Innovation 8

Innovation Competitive Advantage Incentives Tools 8

Harvard Business Review

APRIL 13, 2015

According to the research report “ Accelerating Entrepreneurship in Africa ,” 57% of survey respondents in major African economies considered becoming an entrepreneur a desirable career choice. It is a core continuity management strategy in a market scarce on technology talent.

Venture Capitalist 8

Venture Capitalist IPO Entrepreneur Banking 8

Harvard Business Review

APRIL 17, 2017

Countries that manage to transition effectively to low-carbon generation technologies will be home to competitive energy solutions and manufacturing firms that are more resilient to energy shocks and weather disruptions. During this second phase, grid operators frequently have to intervene to keep the electricity grid in balance.

Energy 9

Energy Decentralization Industry Power 9

Harvard Business Review

NOVEMBER 11, 2011

At a recent not-for-attribution dinner with several (exceptionally) successful internet entrepreneurs, the conversation quickly turned to talent. Unfortunately, the job gets done in manual, jury-rigged or improvised ways that are deadly dull to manage and excruciatingly boring to fix. Charlie would. This seems counterintuitive.

Incentives 15

Incentives Loyalty Process Morale 15

Harvard Business Review

JANUARY 25, 2011

In contrast, employees of large established firms operate with a different sense of risk and reward , reassured by financial security and structure. To get back that "start-up spirit," he offered one million dollars in seed money to any manager who could turn an idea into a new business.

Innovation 15

Innovation Company Venture Funding Follow-up 15

Harvard Business Review

SEPTEMBER 11, 2015

“If you’re the boss, and you manage by asking questions, you’re laying the foundation for the culture of your company or your group,” Grazer writes in his book, A Curious Mind. In many cases, managers and top executives have risen through the ranks by providing fixes and solutions, not by asking questions.

Christensen 8

Christensen Open-book CEO Entrepreneur 8

Harvard Business Review

FEBRUARY 13, 2013

I featured Ronn, a former P&G executive (and current executive coach and entrepreneur), in several places in The Little Black Book of Innovation , most notably for his rant against the evils of focus groups. Create incentives for innovation! They have a leadership problem," I listened carefully. Have an ideation session!

Innovation 10

Innovation Competitive Advantage Leadership Christensen 10

Harvard Business Review

JUNE 2, 2014

Unlike entrepreneurs working out of the proverbial garage, you can draw on your company’s resources to get things done. It is a fight that every manager is familiar with, but nowhere is the challenge bigger than when the existing strategy is not aligned with the demands of the situation you are in. When Innovation Is Strategy.

Innovation 10

Innovation Conflict of Interest Strategy System 10

Harvard Business Review

MAY 13, 2014

But Chinese companies of all sizes are already operating in the U.S. visas for immigrant entrepreneurs were issued to individuals from China. is that the poor product quality, food safety issues, or corrupt business practices that may be present in firms’ China operations will carry over. in a big way.

Automotive 8

Automotive Long-term Operations Globalization 8

Harvard Business Review

JANUARY 6, 2015

To explore this idea of elite degree fatigue — and to figure out what might be driving it — I spoke with entrepreneurs, executives, and hiring managers at a range of tech companies. “Commandos” do their own thing and are effective as individual operators.

Software 8

Software Engineering Incentives CRM 8

Harvard Business Review

APRIL 26, 2013

One of Blank''s most important points is that there are no answers inside the building — entrepreneurs need to learn in the marketplace. My colleague Mark Johnson notes how a company''s business model eventually leads to a set of implicit rules, norms, and metrics that govern its operation. Be prepared for lean''s consequences.

Ries 8

Ries Telecommunications Business Model Competitive Advantage 8

Strategy Driven

APRIL 30, 2019

More often than not, enthusiastic entrepreneurs need to research the market and evaluate their options before being in a position to offer services that meet the audience expectations. For creative entrepreneurs who love the challenges of escape rooms, running a business can feel like an extension of the game.

Audience 58

Audience Open-book Entrepreneur Proposal 58

Strategy Driven

AUGUST 30, 2018

While the abundance of tools and resources available online mean that this generation is arguably the best time in history to launch a new company, many startups are still sinking within their first few years of operation. It’s possible to hire an all-star staff and still face operational deficiencies and suboptimal results.

Company 50

Company Operations Incentives Business Model 50

Harvard Business Review

FEBRUARY 13, 2013

But this is only possible if the senior executives of our leading institutions are what Dominic Barton, Worldwide Managing Director of McKinsey & Company, refers to as "tri-sector athletes" — leaders able to engage and collaborate across all three sectors. Lessons From a Failed Social Entrepreneur. Transferable skills.

Globalization 9

Globalization Career McKinsey Strategic Planning 9

Harvard Business Review

DECEMBER 30, 2014

Executives have conflicting incentives, the wrong investment metrics , and enormous margin pressure. But sometimes, executives manage to overcome all of these structural challenges and push the right types of ideas regardless of the barriers. It’s why venture investors and entrepreneurs tend to be committed for the long haul.

Long-term 10

Long-term Innovation Company IPO 10

Harvard Business Review

SEPTEMBER 23, 2016

Many business leaders are fond of the spurious Peter Drucker quote that “you can’t manage what you can’t measure.” I understood the concern of our store operators, but customers were asking for the service.” To manage the risks of measurement biases, companies must check and recheck their core metrics.

Metrics 8

Metrics Business Model Retail Automotive 8

Harvard Business Review

OCTOBER 18, 2011

They go by names like corporate social responsibility, sustainability, shareholder advocacy, social assessment and auditing, consumer action, government regulation, leadership development, ethics, realignment of incentives , attracting long-term investors , creating shared value , and more. treating suppliers as partners). Change the Rules.

CEO 11

CEO Incubator Supply Chain Entrepreneur 11

Harvard Business Review

JULY 22, 2014

Within weeks, I could see that some were operating multi-million-dollar Stinger missile systems – some of the most sophisticated combat equipment ever devised. Entrepreneurs’ solutions are often basic and unflashy and some of them are born in makeshift offices in dingy basements.

Health Care 8

Health Care Information Technology Learning-by-Doing Information 8

Harvard Business Review

FEBRUARY 18, 2013

Few people in the south or east would resist a better support for entrepreneurs, improving the quality of their universities, redressing bureaucratic excesses or combating social plagues such as tax evasion. Regulation-drafters must be replaced with change managers, and circulars with action plans.

Long-term 8

Long-term Crisis Politics Resistance 8

Harvard Business Review

OCTOBER 13, 2014

Just in the last month, Pennsylvania’s Public Utility Commission issued a cease-and-desist order on Lyft and Uber operations. This is particularly unfortunate since the incentives of city governments and sharing economy firms are often aligned. But companies in this space can benefit from being more cooperative with regulators.

Business Model 9

Business Model Hotels Venture Capitalist Transportation 9

Harvard Business Review

MARCH 5, 2012

I spend a significant amount of my time associating with a pro-business think tank that has been building an impressive database of entrepreneurs, small businesses, start-ups, and innovation-driven enterprises in Africa. One famous waste utility entrepreneur had about 66 different businesses. This was crazy, we initially thought.

Entrepreneur 15

Entrepreneur Banking Supply Chain Globalization 15

Harvard Business Review

FEBRUARY 27, 2012

The global economy and the Internet have heightened our sense of interconnectedness and sharpened our awareness that when a business focuses only on enriching investors, it implies that managers view the interests of customers, employees, communities and the fate of the planet as little more than cost trade-offs in a quarter-by-quarter game.

Short-term 15

Short-term Long-term Ethics Incentives 15

Harvard Business Review

MARCH 17, 2014

Without those, the institutions managing the billions of sector dollars won’t be able accurately to assess the risks they are taking and, more important, the returns, both financial and social, they hope to generate. Note: Each circle represents a business and each color represents a business vertical (e.g.

Development 8

Development Microfinance Biotechnology Exit Strategy 8

Harvard Business Review

JUNE 29, 2017

Edward Howard Armstrong — scientist, entrepreneur, and military officer — could not. Wireless rights became more flexible, ceding spectrum management to the market. “Natural monopoly” was jettisoned as the operative assumption. FM was destroyed. Second, wireless licenses were made flexible.

Armstrong 8

Armstrong Wireless Succession Licensing 8

Harvard Business Review

JANUARY 11, 2016

The world is not short on capital — a startling $43 trillion of assets is currently under management in the United States alone. Investors from hedge funds to insurance companies are operating in an environment of low yields, near-zero interest rates, and a glut of savings.

Finance 8

Finance Innovation Bond Incentives 8

Harvard Business Review

SEPTEMBER 10, 2014

” Choices about whether and how to use money to remedy social problems should be left to individuals, he argued, who would be in better position to provide it if they were not being in effect taxed by corporate managers who thought they had better ideas for how to spend it.

Supply Chain 11

Supply Chain Bureaucracy Short-term Agility 11

Harvard Business Review

OCTOBER 24, 2012

VC fund managers in Mexico are still learning how to achieve trust with our investors, the limited partners (LPs). In Mexico, in the innovative sectors that entrepreneurs usually enter — mobile technology, branchless banking, housing for rural or semi-urban areas, basic services such as water, telecommunications, education, etc.

Industry 8

Industry Telecommunications Incentives Banking 8

Harvard Business Review

JULY 19, 2012

So you can end up in the proverbial situation where the operation was a success, but the patient died. Perhaps the most critical issue is for senior management is to more closely tie trade promotion to their vision for category growth. Senior management needs to change the culture of trade promotion to one of category growth.

ROI 15

ROI P&L Retail Brand 15

Harvard Business Review

JUNE 13, 2013

The PwC consultants relentlessly stressed that "customers" were about managing transactions but "clients" were about investing in relationships. That was a distinction with an operational and organizational difference. After all, actions speak louder than words and people pay — and invest — closer attention to incentives.

Ulrich 8

Ulrich Kaizen Innovation Competitive Advantage 8

Harvard Business Review

JULY 19, 2012

So you can end up in the proverbial situation where the operation was a success, but the patient died. Perhaps the most critical issue is for senior management is to more closely tie trade promotion to their vision for category growth. Senior management needs to change the culture of trade promotion to one of category growth.

ROI 11

ROI P&L Retail Brand 11

In the CEO Afterlife

APRIL 10, 2011

When a company has clout, there isn’t much incentive to re-invent. To ‘entrepreneurs in waiting’ who want to begin their careers in a corporation, I suggest the following: 1. Sixty-five innovative operations - four in the state of California alone. So why don’t they reduce the number of operations? There’s a link.

CEO 170

CEO Advice Company Competitive Advantage 170

Harvard Business Review

AUGUST 9, 2018

” Of course, there is a long history of successful entrepreneurs, industrialists, and self-made billionaires who stood out equally for their talents and achievements and their eccentric, difficult, or volatile personalities. Steve Jobs was known for berating employees and suppliers in unprintable language.

Succession 13

Succession Armstrong Self-aware Wilde 13