Harvard Business Review

MARCH 14, 2017

For industries that depend on innovation, sustaining it is a constant challenge. After extensive assessment, they settled on two initiatives: realigning incentives for employees and systematically introducing outside talent and practices. Roivant’s first response was to address misaligned incentives.

Innovation 9

Innovation Company Incentives Industry 9

N2Growth Blog

AUGUST 5, 2010

Even the term change, a concept once reserved for the innovative and revolutionary, has been hi-jacked by the politically correct. It is this type of issue that pollutes our culture, stifles innovation, undermines our productivity, and sentences those who embrace politically correct thinking to mediocrity.

Politics 375

Politics Blog Leadership Diversity 375

Harvard Business Review

OCTOBER 26, 2011

Solyndra's example has been particularly stark: it raised over $1 billion in equity finance in addition to receiving a $535 million loan guarantee from the Department of Energy, all prior to a cancelled IPO and the recent FBI investigation upon its bankruptcy. Click on the table below to see at full size.).

Energy 10

Energy Finance IPO Biotechnology 10

Harvard Business Review

JANUARY 8, 2013

As global innovators, however, they share a remarkable core value and best practice: they invest in the innovative capabilities of their suppliers. While lean production has almost nothing to do with video production, the clear message was that genuinely lean enterprise craved innovation that made their suppliers more innovative.

Innovation 8

Innovation Lean Production Disintermediation Automotive 8

Harvard Business Review

OCTOBER 30, 2017

Finally, health care, which has been largely immune to the forces of disruptive innovation , is beginning to change. Whereas new technologies, competitors, and business models have made products and services more affordable and accessible in media, finance, retail, and other sectors, U.S. jennifer maravillas for hbr.

Health Care 8

Health Care Innovation Insurance Disruptive Innovation 8

Harvard Business Review

JUNE 15, 2016

Windham had an idea that she couldn’t shake — a dust-attracting cleaning wand powered by static electricity. In order to support corporate hackers like Atis and Windham and foster internal innovation, companies need to identify these individuals and understand what makes them tick. is a lot like Atis. The prize?

Bureaucracy 8

Bureaucracy Innovation Brand Competitive Advantage 8

Harvard Business Review

AUGUST 8, 2011

We should not take our eye off the really important ball: economic growth and the innovation process that underpins it. A significant part of innovation and almost all of commercialization is driven by profit incentives and relies on a system of protection for the intellectual property rights of innovators and entrepreneurs.

Politics 15

Politics Innovation Incentives Credit Rating 15

Harvard Business Review

SEPTEMBER 10, 2013

A good idea faces so many obstacles en route to market today that it''s a wonder we have any innovative products at all. Effective means of boosting innovation already exist, but not enough companies are making use of them. I''ll describe both, but first let''s look at what''s wrong with some of the traditional sources of innovation.

Venture Capitalist 8

Venture Capitalist Venture Funding Innovation Incentives 8

Harvard Business Review

SEPTEMBER 10, 2013

A good idea faces so many obstacles en route to market today that it’s a wonder we have any innovative products at all. Effective means of boosting innovation already exist, but not enough companies are making use of them. Recognition is a powerful reward too. It’s like that. It doesn’t have to be this way.

Venture Capitalist 8

Venture Capitalist Venture Funding Innovation Incentives 8

Harvard Business Review

APRIL 2, 2018

But, like pharmaceuticals, each of these entities is represented by powerful lobbyists (such as physician and hospital organizations), who will strongly oppose any steps to reduce payments. Similar approaches could be used to help finance high-value health care investments that otherwise would be unaffordable.

Health Care 8

Health Care Insurance Pharmaceuticals Incentives 8

Harvard Business Review

JUNE 25, 2015

What they don’t do well enough is reinvent and innovate. Sure, there are exceptions who are both visionary CEOs and innovators — Steve Jobs and Jeff Bezos, for example — but there are very few companies that can stomach that sort of leadership. So if the CEO isn’t someone who can innovate, then who should?

Entrepreneur 8

Entrepreneur CTO Business Model CEO 8

Harvard Business Review

JULY 25, 2017

A company has an innovative idea, which for a while provides competitive advantage. Later on, a new innovator comes along and pushes it aside. economy may be succumbing to what he calls “the Medici cycle,” named for the powerful family of medieval Florence. Power to protect money.”

Competitive Advantage 8

Competitive Advantage Kaplan Innovation Industry 8

Harvard Business Review

MAY 20, 2014

While there are numerous factors in such a massive shift away from business formation, one of the most powerful has to be the consolidation of multiple economic sectors toward a handful of firms with hegemonic power over their industry. Economy Entrepreneurship Finance' So allow me.

Pharmaceuticals 9

Pharmaceuticals Banking Chemicals Trends 9

Harvard Business Review

JUNE 8, 2018

This notion, that risk is a desirable feature, can seem like sacrilege to anyone who’s taken an introductory finance course. Furthermore, the operating managers cannot take their eyes off day-to-day operations to focus on innovation. It’s unlikely that investors’ risk aversion has fundamentally changed.

Report 8

Report GAAP Net Present Value CFO 8

Harvard Business Review

JANUARY 16, 2017

This becomes more likely as the organization takes on strategic risk — through innovation, mergers and acquisitions, or because its environment is becoming more volatile. To support a change in strategy from efficiency-driven to innovation-driven growth, the company acquired another company to be its innovation engine.

Company 8

Company CEO Finance System 8

Harvard Business Review

APRIL 24, 2017

Studies show that individuals with political skills tend to do better in gaining more personal power as well as managing stress and job demands, than their politically naive counterparts. The second dimension of the political landscape is the extent to which the source of power is soft (informal) or hard (formal).

Politics 13

Politics Bureaucracy Long-term Short-term 13

Harvard Business Review

OCTOBER 1, 2013

Vital though near-term effectiveness is, the exchanges hold a longer-term potential—they can help reshape the organization, delivery, and financing of insurance. To do a good job the exchanges have at hand a number of important regulatory powers along lines that liberals have long endorsed. Not all of these innovations will succeed.

Insurance 9

Insurance Goal Health Care Long-term 9

Harvard Business Review

FEBRUARY 2, 2016

You’ll often find customer relationship management within marketing, budgeting within finance, supply-chain management within operations, outsourcing within procurement, training within HR, and new product development within R&D. Business units come and go, but finance, HR, marketing, IT, legal, and R&D seem to last forever.

Development 8

Development Supply Chain Incentives Outsourcing 8

Harvard Business Review

DECEMBER 13, 2012

Its goal was to promote greater sharing of ideas, information, best practice and innovative processes. The competition thus incented both "supply" and "demand" of knowledge worth sharing. What are the competitions, recognitions and rewards your organization uses to incent and encourage information sharing? It worked well.

Incentives 8

Incentives Tools Benchmarking Innovation 8

Harvard Business Review

JANUARY 13, 2014

Posing that question continues to be a powerful way to catalyze important strategic conversations. The uncertainty that increasingly characterizes our world means that companies need to attract, retain, and develop motivated innovators who can help to imagine and realize new growth opportunities. Innovation Leadership Strategy'

Levitt 10

Levitt Christensen Competitive Advantage Welch 10

Harvard Business Review

OCTOBER 18, 2016

Such performance-insensitive pay packages seem to defy both common sense and established economic theory on optimal incentives. These days, most firms’ most powerful shareholders tend to benefit more from the performance of the entire industry than the performance of an individual firm. It’s not just the incentive package.

CEO 8

CEO Asset Management Cooper Incentives 8

Harvard Business Review

SEPTEMBER 29, 2015

In fact, all the technical, social, and economic incentives and ingredients exist to cost-effectively deter, dissuade, and detect dishonest behavior by auto manufacturers worldwide. In food, as well as finance, activists will have to marry meaningful analytics to ideology to spark interest and wield influence.

Due Diligence 8

Due Diligence Automotive NGO Incentives 8

Harvard Business Review

APRIL 11, 2013

We all have a stake in the infrastructure surrounding us — the roads, buildings, power lines, and telephone networks that we rely on daily. A focus on the huge need for additional investment and potential difficulties in financing it dominate the debate. an estimated $100 billion per year. We need to streamline delivery.

Transportation 8

Transportation GDP Globalization Finance 8

N2Growth Blog

NOVEMBER 23, 2010

Case in point is Wal-Mart CEO, Lee Scott, who is so concerned with diversity mandates that Wal-Mart officers are held financially accountable by tying officer incentive bonuses to achieving diversity goals. Your comment summarizes exactly how things should work as opposed to how they often do. Have a great Thanksgiving Sir. LeRoyD Amen!

Diversity 350

Diversity Blog Leadership Learning-by-Doing 350

Harvard Business Review

JUNE 9, 2017

How the most innovative providers are creating value. Equally troublesome, almost all policies focus exclusively on payments and finances but ignore the powerful influence of careerism and other non-financial motives that may compromise objectivity far more than financial incentives. Insight Center. Sponsored by Optum.

Conflict of Interest 9

Conflict of Interest Pharmaceuticals Policies Industry 9

Harvard Business Review

MAY 31, 2017

Automating finance. This lets organizations reduce the amount of work outsourced to service centers and frees up finance staff to focus on strategic tasks. Wherever you start, it’s important to link the projects to a long-term digital platform strategy to avoid having disconnected islands of innovation.

Process 11

Process Company Supply Chain Software 11

Harvard Business Review

APRIL 10, 2013

Because it is extremely difficult to define a priori what an entrepreneur is and is not, pro-entrepreneur incentives will inevitably create a direct or indirect cost for those entrepreneurs who don''t happen to fall into government''s typically limiting definition. We don''t need to incentivize people to act naturally.

Entrepreneur 8

Entrepreneur IPO Incentives Venture Capitalist 8

Harvard Business Review

NOVEMBER 20, 2015

For most governments, financing the global goals campaigns will be a stretch; governments have already reneged in the past on commitments for similar targets. But innovating for sustainable development is actually quite close to the processes of “traditional” innovation.

Goal 8

Goal Supply Chain Development Globalization 8

Harvard Business Review

NOVEMBER 13, 2017

In this article, we identify the barriers slowing the transition of episodic, in-person primary care to innovative models that separate care from location and that empower patients to take on more of their own care. This approach has had the secondary consequence of limiting innovation in delivery methods.

Health Care 8

Health Care How To Insurance Incentives 8

Harvard Business Review

MAY 27, 2015

We see ourselves as risk-takers and innovators. That’s why states continue to compete to lure companies to build new offices and plants — like the Tesla gigafactory in Nevada — by offering tax breaks and multi-billion dollar incentive packages. A supplier might need a working capital loan to finance a big order.

Entrepreneur 8

Entrepreneur Policies Banking Innovation 8

Harvard Business Review

AUGUST 10, 2017

Interestingly, individuals working in customer service, sales, production, logistics and R&D were more likely to feel that bureaucracy was growing than those working in functions like HR, finance, planning, purchasing, and administration. Bureaucracy frustrates innovation. Not so for most of the organizations in our survey.

Bureaucracy 8

Bureaucracy Survey Politics Consensus 8

Harvard Business Review

DECEMBER 14, 2017

Multiple studies have documented that firms have increasingly pushed the risk of business downturns (short-term or long-term) onto workers through labor-market innovations such as dynamic, variable schedules ; increased services outsourcing ; and the rise of contract work. Its business is smoothing, not lending.

Short-term 8

Short-term Long-term Proposal Outsourcing 8

Harvard Business Review

JANUARY 11, 2016

The main challenge is that investors are very good at understanding a single asset with standalone cash flows — a toll road, for example, or a power plant, or an apartment building. But to tackle sprawl, multisector coordination is required: roads, rail, land-use, zoning, power, water, and sanitation must work together.

Finance 8

Finance Innovation Bond Incentives 8

Harvard Business Review

AUGUST 5, 2014

Data-driven customer insights give the CMO the power to do all that. Says Abi Comber, Head of Marketing for British Airways: “Having P&L responsibility is incredibly powerful. Companies across the spectrum are grappling with change as new technologies, innovations, and customer behaviors disrupt old business models.

P&L 9

P&L Banking Marketing Call Center 9

Harvard Business Review

JULY 19, 2013

Plan for a realistic amount of sales and interest so you can conservatively manage your finances. Remember that most advertising simply does not work, and you''ll need to attract customers through other channels and the power of word-of-mouth referrals. Are you counting on advertising to bring in customers?

Entrepreneur 8

Entrepreneur Hotels Travel Call Center 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.

CEO 11

CEO Incubator Supply Chain Entrepreneur 11

Harvard Business Review

JUNE 26, 2018

These products are all held up as legendary examples of the power of intrapreneurship — entrepreneurial creativity and innovation within large, established organizations. Since the term was coined in the 1980s, intrapreneurship has been sold to companies as a catch-all solution for fostering innovation.

Incubator 8

Incubator Innovation Strategic Planning Human Resources 8