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All Hail the Failure Sector

Harvard Business Review

Since at least the 1980s (the era of deregulation, that is, over which Alfred Kahn presided) managers of big companies have been upbraided for their intolerance to risk. Perhaps not surprisingly, managers of mega corporations remain largely unsold on that notion. Certainly, that's a fair accusation. First, why is it a sector?

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Bureaucracy Must Die

Harvard Business Review

Prahalad and I urged managers to think in a different way about the building blocks of competitive success. Businesses are, on average, far less adaptable, innovative, and inspiring than they could be and, increasingly, must be. Managers assess performance. To manage” is “to control.”. “To To manage” is “to control.”.

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Bureaucracy Must Die

Harvard Business Review

Prahalad and I urged managers to think in a different way about the building blocks of competitive success. Businesses are, on average, far less adaptable, innovative, and inspiring than they could be and, increasingly, must be. Managers assess performance. To manage” is “to control.”. “To To manage” is “to control.”.

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Developing Global Leaders Is America's Competitive Advantage

Harvard Business Review

America's higher education system is a magnet for talented leaders from all over the world. It started 30 years ago with the progressive and unusual step (for that time) of shifting from local nationals as country managers to global leaders from other countries. Coca-Cola has been a pioneer in developing global leaders.

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Can HP Change its DNA?

Harvard Business Review

Software had turned into a stronger driver of revenue in the computer industry than hardware, and HP management had realized that it had to make the shift to sustain its growth. It's the company's deeply embedded belief system, its prevailing ethics, and the way people within the company interact with each other and with customers.

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How to Quantify Sustainability’s Impact on Your Bottom Line

Harvard Business Review

Our research has found that embedded sustainability drives financial performance through mediating factors such as innovation, operational efficiency, risk reduction, employee recruitment, engagement and retention, customer and supplier loyalty, competitive advantage, reduced cost of capital, and improved marketing and sales.