Harvard Business Review

JANUARY 23, 2014

For over an hour, the panel discussed all of the innovative projects they’d worked on — spanning projects from Google Fiber to ad bidding technologies at Facebook. Yes, all of the panelists were speaking broadly on innovative projects. Without more specification, “innovation” is simply too broad to execute against.

Innovation 8

Innovation Disruptive Innovation Fixed Assets Project 8

Harvard Business Review

JANUARY 29, 2018

For the latter, we measured incumbents’ operational efficiency, commitment to innovation, and defenses against attack. Incumbents in these industries often own established brands, proprietary technology, and control of distribution channels. One way is by reducing dependence on fixed assets.

Industry 8

Industry Fixed Assets Retail Market Penetration 8

Harvard Business Review

DECEMBER 9, 2015

Some find evidence of a clear improvement of total factor productivity since market-oriented reforms began in 1979, estimating that the increase in TFP contributed about 40% to GDP growth, roughly the same as that contributed by fixed asset investment. There was also a slowdown in TFP after the mid 1990s. by the end of that period.

GDP 8

GDP Human Capital Fixed Assets Efficiency 8

Strategy Driven

MARCH 18, 2011

Large downturns (such as this recession), technology disruptions, or regulatory shifts create discontinuities that simply accelerate the industry’s evolution toward this equilibrium state. Assets are important, but they are, increasingly, table stakes in most competitive industries; everyone in the game has them.

Resources 52

Resources Industry System Strategy 52