Ask Atma

MAY 5, 2012

Should you follow conventional wisdom and write-up a thirty-page business plan? This struck me as an attractive alternative to the starting point for a business instead of, say, a 30-page business plan. What about doing market research?” process, some market research can still be done during the idea development stage.

Business Model 93

Business Model Ries Agility Entrepreneur 93

Harvard Business Review

SEPTEMBER 17, 2014

Your energy and track record of successfully launching high-impact initiatives scored you a plum role heading up innovation. Expectations are high, but some skeptics in the organization feel that innovation is an overhyped buzzword that doesn’t justify being a separate function. Congratulations!

Innovation 8

Innovation Planning Short-term Long-term 8

Harvard Business Review

OCTOBER 17, 2012

In the creative economy, innovation is more important than ever. Innovation is the only insurance against irrelevance. Innovation, in operations, products, business models and ecosystems, isn't merely a competitive advantage, it's the competitive advantage. We all get it: innovation is the lifeblood of every organization.

Innovation 15

Innovation Process Competitive Advantage McKinsey 15

Harvard Business Review

JULY 7, 2015

Innovation tourism: it’s a thing. These well-intentioned professionals travel the world in pursuit of the secret sauce of innovation. If you ask the director of a government innovation agency how influential or effective they are, what answer do you expect, other than “ extremely ?” Kenneth Andersson.

Innovation 8

Innovation Planning Tourism Venture Capitalist 8

LDRLB

MAY 26, 2014

The most recent being Big Bang Disruption: Strategy in the Age of Devastating Innovation. Paul Nunes and I have known each other for many years, and we’ve both been writing about the subject of disruptive innovation from different vantage points and different angles. DAVID: Yeah. You call it this big bang disruption.

Early Adopters 60

Early Adopters Rogers Disruptive Innovation Innovation 60

Harvard Business Review

DECEMBER 8, 2011

We recently attended the World Economic Forum's India Economic Summit 2011 in Mumbai, where we moderated several panels and workshops on the topic of innovation. The experience gave us some insights into a unique approach to innovation called jugaad , which entrepreneurs and enterprises are practicing in complex emerging markets like India.

Innovation 17

Innovation Incubator Banking Hypercompetition 17

Harvard Business Review

AUGUST 23, 2018

That fear drives their companies to invest millions into coming up with breakthrough innovations. If innovation projects are going to succeed, they’ll need to survive a handoff from an innovation team to an execution team. These labels also nicely describe the phases of innovation: Explore, Scale, and Optimize.

Project 8

Project Innovation Team Stage-Gate 8

Harvard Business Review

JULY 10, 2013

Its members had a carefully constructed PowerPoint document, replete with facts and figures that showed the attractiveness of what we''ll call the booming management-training market in China (details have been disguised to protect the client''s confidentiality). Certainly, the end goal of many innovations is to generate financial returns.

Innovation 8

Innovation Incubator Construction Project 8

Harvard Business Review

MAY 16, 2011

When we envision an emerging market, we think of a rapidly growing country with small purchasing power, little infrastructure, and diminishing natural resources. These three aspects of emerging markets require innovations that can subsequently be taken global — a phenomenon known as " reverse innovation."

Innovation 14

Innovation Health Care Incubator Competitive Advantage 14

Harvard Business Review

NOVEMBER 21, 2012

Game-changing innovation is a beautiful thing. New markets are created. The problem is that large companies find game-changing innovation staggeringly difficult to achieve. Apple was the only incumbent in this period to grow by creating new markets repeatedly through disruptive innovation. What's not to like?

Innovation 8

Innovation Incubator Disruptive Innovation McKinsey 8

Harvard Business Review

JULY 11, 2017

EDENS, of which the latter is CEO, has led the revitalization of the 45-acre Union Market district in Northeast Washington, DC. The Union Market challenge. Located on the east side of the NoMa train tracks, Union Market began as a working food production and distribution center in the 1930s.

Real Estate 12

Real Estate Development Long-term Short-term 12

Harvard Business Review

JUNE 7, 2012

Most of the funds in which Kauffman invested failed to beat public market indices, despite the higher-risk nature of their work. Rather, it plans to seek smaller funds, shift some of its money towards public equities, and co-invest in later-round deals with seasoned investors. Kauffman didn't say it was opting out of venture capital.

Venture Capitalist 15

Venture Capitalist Christensen Incubator Porter 15

Harvard Business Review

APRIL 27, 2015

Can you think of any business topic that’s been hotter for longer than innovation? In a McKinsey poll , 94% of the managers surveyed said they were dissatisfied with their company’s innovation performance. And yet when it comes to innovation, the gap between aspiration and accomplishment seems as big as ever.

Innovation 8

Innovation Company Engineering Supply Chain 8

Harvard Business Review

JUNE 7, 2012

Most of the funds in which Kauffman invested failed to beat public market indices, despite the higher-risk nature of their work. Rather, it plans to seek smaller funds, shift some of its money towards public equities, and co-invest in later-round deals with seasoned investors. Kauffman didn't say it was opting out of venture capital.

Venture Capitalist 12

Venture Capitalist Christensen Incubator Porter 12

Harvard Business Review

NOVEMBER 6, 2013

You’ve prepared a business plan for a promising new entrepreneurial venture. In fact, given the risk-averse culture of the organization and the tough market environment, you suspect they will likely re-evaluate within six months. Then you start worrying. Then you start worrying.

Innovation 8

Innovation Constraint Analysis Objective 8

Harvard Business Review

MAY 17, 2012

The incubators sold in Western countries cost up to $20,000 and require electricity — which is unreliable in developing nations. Enter jugaad innovation — a cost-effective approach for creating affordable products and services using limited resources. For us, innovation is a dynamic process that never ends.''.

Incubator 11

Incubator Business Model Entrepreneur Cost 11

Harvard Business Review

MAY 22, 2014

Many of these entrepreneurial lessons have been codified in books, the new bibles for innovation — not just for entrepreneurs but also for managers looking to create new and innovative innovation businesses inside existing corporations. In advertising, creative teams are being displaced by open innovation platforms.

Company 8

Company Advertising Business Model Incubator 8

Harvard Business Review

DECEMBER 29, 2016

remains iconic for its innovation and entrepreneurial culture, its foreign aid apparatus devotes a mere 1% of its spending to entrepreneurship programming (according to my own calculations and those of the Aspen Network of Development Entrepreneurs ). While the U.S. Of course, while Europe spends more than the U.S.,

Incubator 9

Incubator Entrepreneur Venture Funding Policies 9

Harvard Business Review

MAY 22, 2017

Retailers such as Macy’s and The Limited are closing hundreds of stores and cutting tens of thousands of jobs as people buy more and more products online, and others are testing robotic assistants or planning for autonomous stores. Over 33 companies are now working on autonomous vehicles, which will soon replace transport jobs.

Company 9

Company Creativity Retail Business Model 9

Harvard Business Review

JUNE 23, 2015

Here at Machine Shop , the wholly owned innovation company of the alternative rock band Linkin Park, we identified the need to think differently years ago. For more than a decade, Linkin Park and Machine Shop enjoyed success and continued to innovate. of course). Photo by Lorenzo Errico. Enter Harvard Business School.

Business Model 8

Business Model Merchandising Restructuring Fashion 8

Harvard Business Review

JANUARY 23, 2012

Part of the problem is that the industry is still moving at warp speed, and the company has dwindling resources to deploy against innumerable innovation challenges. Strategic planning fails when: It has fuzzy objectives Why is the company writing a strategic plan? That is a big problem.

Strategy 14

Strategy CEO Strategic Planning Consensus 14

Harvard Business Review

FEBRUARY 2, 2012

No one I spoke with has a realistic plan for how entrepreneurship will breach this employment gap. Entrepreneurship is conflated with innovation. Many prospective entrepreneurs are deterred by intimidating messages that they need to have big innovations, otherwise forget it. I suppose I shouldn't be surprised.

Venture Capitalist 14

Venture Capitalist Entrepreneur Incubator Innovation 14

Harvard Business Review

APRIL 5, 2018

The myth of Silicon Valley is that venture-funded entrepreneurship is a generalizable model that can be applied to every problem, when in actuality it is a model that was built to commercialize mature technologies for certain markets. At first, Opus 12 targeted the largest addressable market it could find: ethanol, an additive of gasoline.

Technology 8

Technology Venture Funding Venture Capitalist Entrepreneur 8

Harvard Business Review

FEBRUARY 25, 2015

based venture capitalists about my plans to move my family out to Singapore to oversee Innosight’s nascent investment and incubation arm. Like Silicon Valley, Singapore has strong research institutions and limited enforcement of noncompete clauses, a condition that academics now suggest can be a major driver of innovation.

Entrepreneur 8

Entrepreneur Incubator Venture Capitalist Innovation 8

Harvard Business Review

OCTOBER 10, 2014

Similar fates often befall innovations within large companies. You must do that in the face of vast forces arrayed against innovation within an established organization, which include inertia, resistance to change, fear of failure, financial disincentives, and the tendency of people and organizations to favor what has worked in the past.

Cialdini 11

Cialdini Resistance Innovation Media 11

Harvard Business Review

SEPTEMBER 10, 2012

They all incubated their business ideas while employed by someone else. those who have the talent and drive to be inventive and enterprising) were happy at work, or at least felt that their ideas are being valued, they would contribute to innovation and growth in their employers' organization, rather than setting up their own company.

Leadership 16

Leadership GDP Entrepreneur Incubator 16

Harvard Business Review

APRIL 20, 2011

The Marketing Challenge. Editor's note: This post was written with Christian Sarkar , a marketing consultant who also works on environmental issues. Winners will be selected by the community and a panel of judges and will receive a scholarship to a June "prototyping workshop" led by COMMON , a social business incubator.

Real Estate 15

Real Estate Business Incubator Workshop Incubator 15

Harvard Business Review

MARCH 12, 2013

Young scientists will invent energy-saving or health-promoting products, incubate new ventures while still in college, and sell them to markets eager for ways to control energy or health care costs. Innovative forms of financing, such as Kickstarter, will continue to grow, also invented by social entrepreneurs.

Health Care 15

Health Care Merchandising Incubator Airlines 15

Harvard Business Review

FEBRUARY 1, 2017

Fatigue may be setting in for some Western investors’ interest in African innovation, particularly those that have yet to reap rewards to brag about. Innovation in Distribution. For answers to this problem, investors should think about mobile, drones, payment plans, small units, and social structures. Top of the Pyramid.

Microfinance 8

Microfinance Hotels Entrepreneur Incubator 8

Harvard Business Review

AUGUST 12, 2015

Or, if investors are enthusiastic about a new business that Liberty is incubating inside one of its existing companies, he can spin out that business as a “newco” with its own stock. Conversely, if Malone thinks that the market has undervalued one of the companies, Liberty can buy back its shares. Sound familiar?

Examples 8

Examples Incubator Restructuring Maturity 8

Harvard Business Review

JANUARY 5, 2011

At the 2010 India Economic Summit organized by the World Economic Forum in New Delhi we facilitated a workshop entitled "Innovating More with Less for More" where C-level execs shared best practices which their companies have adopted to enable inclusive growth in India.

Business Model 15

Business Model Bottom-up Entrepreneur Incubator 15

Harvard Business Review

SEPTEMBER 13, 2012

An impatient marketing or finance manager would, on the sly, secure some extra budget money and hire a contractor to build a little database that tracked mailing addresses or top-line financials. In the upper left quadrant are the multi-year rollouts, like large Enterprise Resource Planning or supply chain modernization endeavors.

Supply Chain 15

Supply Chain CIO Budgeting Project 15

Harvard Business Review

MAY 27, 2015

We see ourselves as risk-takers and innovators. Over the last six years the federal government funded more than 50 new regional innovation “clusters,” and across America new accelerators and entrepreneurship boot camps are proliferating. In some areas and sectors, the market provides all the capital needed.

Entrepreneur 8

Entrepreneur Policies Banking Innovation 8

Harvard Business Review

MAY 10, 2013

As noted management expert Geoffrey Moore told me with respect to high-velocity competition, "I''m not sure you ever want to be in the public markets." Its RAZR thin phone was a huge success in the mid-2000''s, and the market raved. Take Motorola, for instance. Take Motorola, for instance. So we are left with a quandary.

Venture Capitalist 8

Venture Capitalist Restructuring Competitive Advantage Short-term 8

Harvard Business Review

MAY 23, 2014

and Canada with extensive experience in emerging markets persevered to take a closer look. We almost immediately learned that Iran is an astoundingly lovely place, with very little of the deep poverty one sees intertwined into the societies of most emerging markets. Coke and Pepsi were everywhere. million iPhones in the country.

Travel 8

Travel Incubator Bottom-up Education 8

Harvard Business Review

SEPTEMBER 19, 2011

We had it all — strong capital markets, rich natural resources, unparalleled higher education, and geographic separation from two devastating wars. Although well-intentioned, these programs often have the unintended consequences of benefiting the wrong businesses, favoring sub-optimal technology, and creating market distortion.

Entrepreneur 14

Entrepreneur Licensing Telecommunications Incubator 14

Harvard Business Review

FEBRUARY 3, 2016

IBM Watson’s progress in the health care market is a significant example and driver of the transformation, providing big lessons to IBM and to every large company that must disrupt its own business — or watch competitors do it first. Record so far: IBM has a long history of incubating new businesses (e.g.,

Venture Capitalist 8

Venture Capitalist Short-term ROI Long-term 8