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Are These Systems Serving or Subverting Organization Results?

The Practical Leader

Harvard Business School Professor Ted Levitt, a leading research and author in management, marketing, and former editor of Harvard Business Review, said “Early decline and certain death are the fate of companies whose policies are geared totally and obsessively to their own convenience at the total expense of the customer.”

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Marketing Myopia, 50-Plus Years On

Harvard Business Review

It's hard to overestimate the influence Ted Levitt's "Marketing Myopia" has had on the world of marketing and beyond. Why has "Marketing Myopia" lasted so well over a 50-year-period when so many management big ideas have gone the way of the failed industries Levitt cites in his classic? Its clarity and its ambition.

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Successful Companies Don’t Adapt, They Prepare

Harvard Business Review

In 1960, Harvard professor Theodore Levitt published a landmark paper in Harvard Business Review that urged executives to adapt by asking themselves, “What business are we really in?” Some of this new knowledge goes to create completely new products, like self-driving cars. Jennifer Maravillas for HBR.

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5 Questions That Will Help You Stay Ahead of Your Disruptors

Harvard Business Review

Grove’s 1980 question remains as ruthlessly relevant to C-suites as Ted Levitt’s 1960 classic, “What business are you in?” They see disrupted incumbents from retail, finance, health care, transportation, professional services, and manufacturing requiring radical restructuring of assets, productivity , and innovation.

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The Strategic Value of APIs

Harvard Business Review

Google now has expanded API-based access to Google Maps and several of its other products. Take the case of IBM’s Watson , a cognitive-computing technology that allows humans to make sense of large volumes of data. Growth strategy Product development Business models Internet' APIs are the windows to new ecosystems.

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Do People Really Want Smarter Toothbrushes?

Harvard Business Review

Decades ago, Harvard professor Theodore Levitt popularized the rationale behind why people buy quarter-inch drill bits: “People don’t want quarter-inch bits. Technology advancements are quickly outpacing traditional use cases, making the design and development of meaningful products harder than ever.

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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. You get the sense that there’s a broad, bold blueprint beyond any particular product or partnership that Musk is announcing right now. Will it be transformational?