Remove Innovation Remove Leadership Remove Quality Remove Time to Market
article thumbnail

Overcoming the Barriers to Corporate Entrepreneurship

Strategy Driven

How do organizations achieve longevity, the kind of longevity that survives long past the founder or any particular leader or leadership team? Customers are firmly in the “prove it to me” camp, and often it is best to seek new customers when pursuing entrepreneurial initiatives and innovative products and services.

article thumbnail

How CEOs Can Make Smart Strategic Trade-Offs

Harvard Business Review

CEOs should actively manage five specific tensions in today’s complex global business environment: Disruptive innovation versus leveraging the company’s core strengths. Pursuing cost leadership versus differentiating for value. Leadership is changing — fast. Manage costs — or add value? Insight Center.

CEO 8
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What BMW’s Corporate VC Offers That Regular Investors Can’t

Harvard Business Review

Gimmy’s task was clear but highly demanding: to reimagine the way BMW innovates. At the time, BMW had no dedicated, company-spanning unit to leverage the creative power of startups. To fill the void and build such a new BMW startup unit, Gimmy partnered with an experienced innovation manager from BMW, Matthias Meyer.

article thumbnail

Building a Software Start-Up Inside GE

Harvard Business Review

How can these companies overcome the inevitable leadership, organizational, and cultural challenges involved? Key selection criteria included experience in innovative software and service (versus product) development, and an ability to manage a start-up in a very large, complex company. The first step was to hire someone to run it.

article thumbnail

How IBM, Intuit, and Rich Products Became More Customer-Centric

Harvard Business Review

Their product development teams followed a traditional software development method – called “ Waterfall ” – in which they spent months defining customer requirements and functional specifications, coding the software, and testing it for quality and reliability. The rise of cloud computing changed all this.

article thumbnail

What It Takes to Become a Great Product Manager

Harvard Business Review

Pros: A streamlined prioritization process that values technical debt and plumbing projects; better design processes leading to a more positive user experience; higher performing teams with improved product velocity, quality, and, typically, happier customers. They also have more influence and authority over company resources.