Harvard Business Review

MARCH 21, 2017

Improving the in-store experience, promoting omnichannel shopping and fulfillment options, and developing in-person service innovations are avenues that leverage its brand equity and core competencies — and they’re approaches that would put Amazon at a disadvantage. But, more important, it should excel at brick-and-mortar.

IT Strategy 11

IT Strategy Strategy Core Competence Price 11

Harvard Business Review

JUNE 10, 2015

He was also innovative. Before long, Blockbuster was gaining nearly half of all new subscribers in the online rental market. In the Blockbuster case, a successful CEO was faced with a disruptive threat and came up with a successful market strategy. However, because the networks within his organization (e.g.

IT Strategy 8

IT Strategy Strategy Operations Resistance 8

Harvard Business Review

FEBRUARY 25, 2013

The Fog of Innovation — that moment when you realize that the data you need to make a critical decision about an innovative idea just isn't clear. Venture capitalists have significant pattern recognition skills related to both startup companies and specific markets. Unfortunately, the data rarely are. A scarcity mentality.

Venture Capitalist 8

Venture Capitalist Innovation Banking Budgeting 8

Harvard Business Review

JULY 2, 2015

Many companies start their search for global growth in an alphabet soup of emerging-market groupings such as the BRIC , CIVETS , MINT , Next 11 , and so on. There are several flaws in using such acronyms as the basis for entering overseas markets. However, the sources of demand in each country differ, which will affect your strategy.

Marketing 8

Marketing Benchmarking Globalization Construction 8

Harvard Business Review

MAY 28, 2014

But in the meantime, Google’s choices in marketing and distributing its new product get to the heart of the tension between new opportunities and existing strategy. In March, it announced a major partnership with Luxottica , the world’s largest eyewear company, a move clearly aimed at the mainstream market. Glass is different.

Strategy 10

Strategy Early Adopters Innovation Proposal 10

Harvard Business Review

JUNE 2, 2014

If your company puts you in charge of developing a foreign market or a new line of business, your challenges are in many ways similar to those facing a startup. But as Steve Blank, Henry Chesbrough, and others have pointed out , that advantage is offset by the daunting fact that corporate innovators have to fight a war on two fronts.

Innovation 11

Innovation Conflict of Interest Strategy System 11

Harvard Business Review

MAY 7, 2018

That digital focus helped Adidas reshape its strategy for today’s mobile, more empowered consumer. The brand embraces data and technology as a way to be faster and smarter in a world where marketers are competing for consumer attention in the moment. How Leading Marketers Get Time on Their Side. ” Read More.

Content 8

Content Brand Storytelling Technology 8

Harvard Business Review

SEPTEMBER 6, 2017

The strategic underpinnings of most companies’ workforce plans should change dramatically as a result of technological innovation. Digital transformation, the industrial internet, advanced analytics, artificial intelligence, robotics, machine learning, and a plethora of other innovations are fundamentally changing the nature of work.

Company 12

Company Insurance Engineering Software 12

Harvard Business Review

JULY 25, 2016

It outlined Tesla’s automotive strategy and it has been pretty much followed to the letter. The second installment moves Tesla beyond the traditional car market, with a plan to reconfigure our cities, energy systems, and our impact on the environment. The first installment had been written in 2006.

Strategy 8

Strategy Automotive Mass Marketing Business Model 8

Harvard Business Review

MAY 16, 2016

Strategic alignment, for us, means that all elements of a business — including the market strategy and the way the company itself is organized — are arranged in such a way as to best support the fulfillment of its long-term purpose. Strategy is how the business will achieve it. The fall can come quickly.

Banking 14

Banking Strategy Film Operations 14

Harvard Business Review

OCTOBER 30, 2017

Innovation at GE was on a roll. Since then Flannery has replaced Immelt’s vice chairs responsible for innovation. ” Instead of lean innovation programs, there is a mandate to cut $2 billion in expenses by the end of next year, lift profits, and raise the dividend. Then it wasn’t. Comstock is out.

Ries 8

Ries Long-term Short-term Price 8

Harvard Business Review

DECEMBER 27, 2017

A new study from the Center for Talent Innovation (CTI) found that, according to the 2015 US government’s definition of disability , a significant portion of the white-collar workforce has a physical or mental impairment that substantially limits a major life activity: 30% of a nationally representative survey of 3,570 white-collar employees.

Compliance 8

Compliance Chief Operating Officer Innovation Survey 8

Harvard Business Review

FEBRUARY 1, 2011

My last post talked about how a little-known company , Grace Manufacturing, took a flexible and opportunistic approach to its strategy when its core business faltered. In the 1950's, the American market was quite small and dominated by entrenched players such as Harley Davidson, Indian, and imports like Triumph and Moto Guzzi.

Strategy 15

Strategy Automotive Short-term Marketing 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

APRIL 8, 2015

Their innovation efforts tend to be focused wholly on the creation of new value; meanwhile, the question of how exactly they will be compensated for it usually goes unexamined. Growth: A TV cable company offers special subscription plans for new customers, aiming to achieve a strong market position within 24 months. Why is it that?

Balanced Scorecard 8

Balanced Scorecard Company Price KPI 8

Harvard Business Review

NOVEMBER 2, 2017

Before the iPhone was introduced, in 2007, Nokia was the dominant mobile phone maker with a clearly stated purpose — “Connecting people” — and an aggressive strategy for sustaining market dominance. Nokia was so immersed in executing its strategy that it lost sight of its purpose. Insight Center.

Strategy 13

Strategy Company How To Supply Chain 13

Harvard Business Review

NOVEMBER 29, 2011

In her underappreciated book, The Innovation Killer , Cynthia Barton Rabe, a former innovation strategist at Intel, explains how "what we know limits what we can imagine." I first noticed Commerce back in the late '90s, when it was developing a reputation for creativity and had a stock-market value of $400 million.

Banking 18

Banking Retail Open-book Creativity 18

Harvard Business Review

MAY 30, 2014

For over 50 years, Wal-Mart has pursued essentially the same strategy of “offering the lowest price so its customer can live better.” Wells Fargo has become the most valuable bank in the world by sticking to its strategy of building a value proposition around selling more products per customer than anyone else. How Boards Can Innovate.

Company 8

Company Supply Chain Airlines Health Care 8

Harvard Business Review

NOVEMBER 2, 2016

A company that creates a sustainable competitive advantage, executes well and reinvests to solidify its strategy will find that its share price accurately reflects its value. Are younger insurgent companies faster to launch products, to innovate, to react to customers? When Home Depot slipped to last among U.S.

Company 8

Company Bureaucracy Long-term Competitive Advantage 8

Harvard Business Review

NOVEMBER 6, 2017

Verizon would not have been able to so quickly and successfully change its strategy without being willing to question and overhaul traditional organizational structures. The Gap Between Strategy and Execution. In fact, successful leaders sometimes wait to announce a strategy until it’s well under way. Insight Center.

Execution 8

Execution Strategy COO CEO 8

Harvard Business Review

MAY 14, 2014

Imagine you are the CEO of one of Britain’s oldest and possibly least innovative insurance companies, The Prudential. After more than 30 years working on corporate-level strategy issues as an academic, and advising companies as a consultant, I have learned to avoid coming down firmly on one side or the other. An HBR Insight Center.

Licensing 8

Licensing Competitive Advantage Proposal Banking 8

Harvard Business Review

MARCH 17, 2011

For years Braun tried to steal share from Norelco, the market leader, but this proved a tough sell: Norelco's customers were shopping for convenience, which wasn't what Braun was offering. For years much of Braun's marketing efforts had been aimed at 40-50+ year old men.

Management 15

Management Retail Brand Merchandising 15

Harvard Business Review

JANUARY 26, 2015

For an organization to endeavor to change its culture, it needs to take its cue from what changes in its strategy. Other times, shifts may be driven by disruptions and disrupters like the one happening in the transportation and hotel markets right now thanks to the likes of Uber and Airbnb. In fact, we defined growth as a process.

Welch 8

Welch Six Sigma Agility Operations 8

Harvard Business Review

JULY 18, 2011

By that he means that all the things a business does — not just its logo and visuals, but also its strategy, call to action, customer service, communications with customers, and people — combine to determine what it stands for. Dan's smart observation is that "Brand is everything, and everything is brand."

Brand 15

Brand Positioning Marketing Productivity 15

Harvard Business Review

MARCH 28, 2016

Since its bankruptcy in 2012, Kodak has been a poster child for innovation incompetence: After inventing the world’s first digital camera in 1975, the conventional story goes, myopic managers allowed a bloated company to let inertia drive it off a cliff. A misunderstood story. By 2010, Kodak had clawed its way to No.

Company 8

Company How To Technology Strategy 8

Harvard Business Review

MAY 6, 2013

Increasingly, the CIO and IT must be seen less as merely developing and deploying technology, and more as a source of innovation and transformation that delivers business value, leveraging technology instead of directly delivering it. Define Your Strategy. Gary Hamel maintains that the key to future success is management innovation.

CIO 8

CIO Hamel Technology Tactics 8

Harvard Business Review

FEBRUARY 12, 2014

For me, IKEA’s success is mostly due to the clarity of its strategy. Most businesses try to build their market around what they offer. Many people believe that its success is rooted in its business model; others point to the service experience. No delivery, no assembly. Not even the promise of durability.

Strategy 13

Strategy Document Comparison Retail 13

Harvard Business Review

MARCH 27, 2014

Procurement teams are often disconnected from the functions they serve and the markets they engage. Or does it focus on customer service and helping the business achieve its strategy? They should be treated as a driving force for innovation and viewed as critical partners in the company’s success. Organizational isolation.

Budgeting 8

Budgeting Objective Cost Globalization 8

Harvard Business Review

JULY 17, 2013

Stay secure and boost innovation. Today, however, technology innovation is creating a drastic change — across all major industries — in the way customers want to interact with their suppliers. The CIO paradox is a set of contradictions that lies at the heart of IT leadership. Be strategic and operational.

CIO 8

CIO Technology Storytelling Strategic Planning 8

Harvard Business Review

JUNE 3, 2014

With a market size of $8 billion in 2013 Massive Multiplayer Online Gaming (MMOG) is becoming big business. But the real benefit for Vans was that its strategy made the sport mainstream and opened it up to the masses, which ultimately had huge benefits for its core shoes and clothing businesses. Innovation Strategy'

Industry 8

Industry Sports Advertising Strategy 8

Harvard Business Review

APRIL 17, 2013

The common thread is that today''s model of capitalism overemphasizes short-term financial data and neglects information that gets at the true sources of sustainable value creation — things like innovation, brand equity, customer loyalty, and key stakeholder relationships. But there are other reasons too.

Report 8

Report Short-term Press Release Compliance 8

Harvard Business Review

AUGUST 21, 2013

Similar waves of innovative applications of technology (e.g., My friend Craig Bickel , Principal at IT strategy consultancy WGroup told me that: "While functional responsibilities will remain specialized, innovation, implementation, and value realization must be shared between the business and IT."

Competitive Advantage 8

Competitive Advantage Management Information Technology Airlines 8

Harvard Business Review

APRIL 13, 2016

As United Rentals, the largest equipment rentals company, shifted its strategy to focus more on national customer accounts, it faced a huge forgetting challenge; branch managers needed to forget the fiefdom mentality. Above all, don’t ignore this challenge as you try to innovate your way to a new model.

Company 8

Company Licensing Incentives Construction 8

Harvard Business Review

APRIL 4, 2014

Unlike a startup company, which is supposed to play with alternative strategies until the right one emerges, a midsize firm already has a strategy that is working. Sure, it must always consider whether to adjust that strategy in the face of new competition, changing customer demand, technological innovation or all three.

Strategy 8

Strategy Wireless Company Retail 8

Harvard Business Review

OCTOBER 10, 2017

Tactical performance is how effectively your organization sticks to its strategy. The second type, known as adaptive performance , is how effectively your organization diverges from its strategy. Adaptive performance manifests as creativity, problem solving, grit, innovation, and citizenship. Related Video.

Organization 13

Organization Tactics Call Center Metrics 13

Harvard Business Review

JANUARY 18, 2012

When Palmisano retired this month, the media chronicled his success by focusing on IBM's 21% annual growth in earnings per share and its increase in market capitalization to $218 billion. They are innovating in ways that create virtuous circles for a generation or more." In the 21st century only IBM's Sam Palmisano has done so.

Globalization 15

Globalization Golden Parachute Short-term Long-term 15

Harvard Business Review

NOVEMBER 19, 2012

Everyone thinks they have a digital strategy these days. But while your company may have a business or IT strategy that incorporates digital technology, an IT strategy does not equal a digital strategy. Because most IT strategies treat technology in isolation. This gives the effort a clear and manageable focus.

IT Strategy 9

IT Strategy Strategy Class Offshoring 9