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Are These Systems Serving or Subverting Organization Results?

The Practical Leader

As I wrote about the accountability mess , a good person in a bad system or process sets that them up for failure — and blame. About 85% of the time the fault is caused by the system, processes, structure, or practices of the organization. These core systems either boost or block performance.

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In 2014, Resolve to Make Your Business Human Again

Harvard Business Review

In 1960, marketing legend Ted Levitt provided perhaps his seminal contribution to the Harvard Business Review : “ Marketing Myopia.” To avoid that, Levitt exhorted leaders to ask themselves the seemingly obvious question – “What business are you really in?” Finally, a humanized business has a motivating purpose.

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What Is the Business of Health Care?

Harvard Business Review

In 1960, the editor of the Harvard Business Review, Theodore Levitt, wrote that the failure of railroads could be explained in part by the myopic view that they were in the railroad business and not the transportation business, which left them vulnerable to competition from cars, trucks, and planes.

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5 Questions That Will Help You Stay Ahead of Your Disruptors

Harvard Business Review

Aggravated and depressed by the decline of their core memory business in the 1980s, Intel’s top management struggled for strategic clarity. Grove’s 1980 question remains as ruthlessly relevant to C-suites as Ted Levitt’s 1960 classic, “What business are you in?” Profitable customers matter most.

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To Survive, Health Care Data Providers Need to Stop Selling Data

Harvard Business Review

Some firms have managed it, in healthcare and in other arenas — think of QuintilesIMS as a source of pharmaceutical sales data, Nielsen as the authority on TV viewer habits, and the U.S. They address an underlying stakeholder need such as managing the total cost of care. Increasingly, for most HCIT firms, data is a commodity.

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Tesla’s New Strategy Is Over 100 Years Old

Harvard Business Review

Edison’s breakthrough was guided by a fundamental insight: any given product is only as powerful as the system in which it is deployed. Solar panels without integrated storage are not much more valuable than lightbulbs without an electric grid; Tesla Energy, then, is an aggressive move toward creating the energy system of the future.

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How Understanding Disruption Helps Strategists

Harvard Business Review

As Ted Levitt pointed out 55 years ago, companies develop significant myopia over time, only seeing things that are squarely in the mainstream of their market. Disruptive innovation theory holds that incumbents need to create substantial organizational space to commercialize ideas that don’t fit existing systems.