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Breaking the Death Grip of Legacy Technologies

Harvard Business Review

Technologies like 3-D printing, robotics, advanced motion controls, and new methods for continuous manufacturing hold great potential for improving how companies design and build products to better serve customers. Why are older incumbent firms slow to adopt new technologies even when the economic or strategic benefits are clear?

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The Coherent Conglomerate

Harvard Business Review

Every successful conglomerate we know of — GE, Honeywell, Tata and United Technologies Corporation among them — has prospered by doing two things. How, then, can conglomerates succeed over the long term while remaining large and relatively diverse? There is no universal answer.

Welch 8
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What You Won’t Hear About Trade and Manufacturing on the Campaign Trail

Harvard Business Review

Generally, what we see is the country where the final assembly of a product took place. Almost every sophisticated manufacturer uses some kind of lean production system that pulls raw materials in from a warehouse. A big reason is technological complexity. Availability and challenges of managing labor.