Harvard Business Review

MARCH 31, 2016

It both funds day-to-day operations and generates profits for the future. But as anyone who has ever tried to lead innovation knows, the challenge goes beyond being ambidextrous enough to manage today’s business while creating tomorrow’s. To be sure, the present is vitally important.

Innovation 8

Innovation Hedge Management Govindarajan 8

Harvard Business Review

NOVEMBER 11, 2016

One thing we can say with confidence is that uncertainty will remain high for some time in politics, macroeconomics, and business, at both global and national levels. To respond to this challenge, companies will need to become more sophisticated about strategy during uncertainty in five ways. Match Your Strategy to the Environment.

Strategy 9

Strategy Uncertainty Long-term Politics 9

Harvard Business Review

JANUARY 23, 2012

How can RIM (and other companies in the same boat) chart effective strategy in uncertainty? Successful strategic planning requires: Defining challenges A frank dialogue about strategy in uncertainty will usually produce a range of opinions. Is it Apple's consumer appeal, or the declining influence of corporate IT managers?

Strategy 15

Strategy CEO Strategic Planning Consensus 15

Harvard Business Review

DECEMBER 17, 2013

Yet how do you actually do it, when life and livelihood generally depend on operating inside a box? Of course, the wisest among us will always hedge our forecasts with qualifiers such as “will likely” or “is apt to.” Managing uncertainty Strategy The Future of Management' We all prize it.

Groupthink 8

Groupthink Emotional Intelligence Learning-by-Doing Hedge 8

Harvard Business Review

FEBRUARY 8, 2018

They did not spend as much time thinking about local events that have implications for their emerging market operations. In our survey of 30 Brazil country managers in October, 20 reported increased revenue growth, despite the country’s dysfunctional, scandal-ridden politics. When it comes to Brazil, the economy is picking up.

Market Risk 8

Market Risk Marketing Supply Chain Company 8

Harvard Business Review

MARCH 23, 2015

These aren’t mom and pop operations anymore. We now have entire conferences dedicated to the analytics of our business and our basketball operations. We have a global audience that has an unending thirst for mobile content, and a sophisticated CRM database that allows us to be a state-of-the-art marketing operation.

Price 8

Price Team Sports Franchising 8

Harvard Business Review

MARCH 5, 2013

While there's much chatter in the management world about the need to be adaptable, only a few creative companies and innovative managers have probed the natural world for its adaptability secrets. Adaptable systems make multiple copies of everything and modify the copies to hedge against uncertainty. Redundancy.

Decentralization 8

Decentralization Real Estate Brand Uncertainty 8

Harvard Business Review

SEPTEMBER 26, 2012

We rightfully add safety systems to things like planes and oil rigs, and hedge the bets of major banks, in an effort to encourage them to run safely yet ever-more efficiently. This, in turn, amplifies uncertainty when things go wrong, making crises harder to correct: Is that flashing alert signaling a genuine emergency?

Banking 8

Banking Crisis Hedge System 8

Harvard Business Review

OCTOBER 19, 2012

By the end of the '80s, Bill Gates and Steve Ballmer had realized, through rigorous analysis, that Microsoft needed to abandon its still-struggling new operation system, Windows, because of a memory flaw. Sure enough, serendipity often is the story. They partnered up with IBM to develop OS/2 , and decimated the Windows team.

Succession 16

Succession Diversity Open-book Innovation 16