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What to Do When Your Future Strategy Clashes with Your Present

Harvard Business Review

MedStar operated nine hospitals, but realized that its long-held objective of increasing revenue and profits at those venues was unsustainable, given the outcries over runaway medical costs. As its name implies, the objective of the future-state portfolio is to paint a picture of the organization 10 or 20 years into the future.

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How to Design Work Projects for Maximum Learning

Harvard Business Review

Because they often have to collaborate across units or functions to achieve their objectives, they become more skilled at leading without formal authority. When faced with an objective six or 12 months out, most people will delay working on it until it becomes more urgent. Do it fast. Both teams exceeded their targets.

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Rising Sea Levels Won’t Doom U.S. Coastal Cities

Harvard Business Review

The induced innovation literature has taught us that drug companies focus their efforts on researching and marketing new drugs for which there is expected to be great demand (think of aging baby boomers’ aching knees). Innovation in Cities. This same logic holds in the case of climate change adaptation. Insight Center.

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Explain Your New Strategy By Emphasizing What It Isn’t

Harvard Business Review

Then ask the student to “compare and contrast” the vacuum salesman’s approach with a peace negotiator’s tactic of asking for a small and relatively unimportant parcel of land before requesting a large payment of reparations. As a result, most leaders score a C- in strategy comprehension. Does this sound familiar?