Mills Scofield

DECEMBER 5, 2014

Once upon a time, before the era of big data analytics, corporations had similarly routine business growth issues and threats: i.e.: after years of being the market leader in a specific product category, they quickly begin to lose market share, they wanted to introduce their product into a new market.

Stage-Gate 128

Stage-Gate Productivity Products Innovation 128

Strategy Driven

JUNE 29, 2016

Instead, longevity is based on entrepreneurial thinking and innovation – in exploring ways to adapt corporate and business strategies in response to market, technological, and social and cultural change. It is fashionable today to have management committees, at various organizational levels, working as teams. Let me explain.

Supply Chain 52

Supply Chain Real Estate Resistance Competitive Advantage 52

Strategy Driven

OCTOBER 7, 2019

Many companies have managed to gain an edge tapping into its transformative power. Here is how to use smart planning to make strides toward greater agility and market success. After all, change is the only constant thing in Agile project management and development. Make sure top management understands this.

Agility 34

Agility Planning Project Decentralization 34

Harvard Business Review

JUNE 13, 2018

But, what about the application of AI and ML to agile development, testing and even portfolio management? For nearly two decades, many companies have utilized the principles within the Agile Manifesto to deliver faster time-to-market than traditional, or linear development models.

Agility 9

Agility Technology Development Content 9

Harvard Business Review

DECEMBER 13, 2017

Because I teach a course on Product Management at Harvard Business School, I am routinely asked “what is the role of a Product Manager?” ” The role of a Product Manager (PM) is often referred to as the “CEO of the Product.” Performing market assessments. Running design sprints. Company Fit.

Productivity 8

Productivity Products Core Competence Management 8

Your Voice of Encouragement

MAY 14, 2010

Unfortunately, multi-tasking has often been perceived as a characteristic of energetic, hard-working, and goal-driven workers; a necessity to get things done in a competitive, time-to-market world. We're beginning to see, however, that multi-tasking is not necessarily the ideal work style that it's been thought to be.

Meyer 100

Meyer Video Blog eBook 100

Harvard Business Review

MAY 22, 2018

For most companies, both M&A and organic growth are managed like rocket launches. Once launched, the opportunity is micro-managed to ensure that everything goes according to plan. This might have worked in the past when markets moved incrementally. Too much is simply unpredictable. Insight Center.

Organization 10

Organization Company Venture Capitalist B2B 10

Harvard Business Review

DECEMBER 19, 2016

CEOs should actively manage five specific tensions in today’s complex global business environment: Disruptive innovation versus leveraging the company’s core strengths. Manage costs — or add value? Exploiting global opportunities versus managing risk. Pursuing cost leadership versus differentiating for value.

CEO 8

CEO Supply Chain Disruptive Innovation P&L 8

Harvard Business Review

AUGUST 9, 2018

As one of my clients was going through a series of organizational changes, a valued middle manager reacted negatively in each town hall, asking inappropriately detailed questions as if it was a game of “gotcha,” to show that the ramifications hadn’t been fully considered. Becoming a Manager. You and Your Team Series.

Team 14

Team How To Planning Follow-up 14

Harvard Business Review

JUNE 28, 2016

Companies can also rent their business applications (for accounting and finance, human resource management, marketing and sales, collaboration, project management, and so forth) on-demand from companies like Microsoft, Salesforce.com, Workday, Hubspot, Yammer, Dropbox, Basecamp and others.

Entrepreneur 9

Entrepreneur Airlines Construction Short-term 9

Harvard Business Review

MAY 4, 2018

Companies that can successfully implement Continuous Development throughout their organization will find dramatic strategic benefits, including: Faster time-to-market. And that satisfaction leads to a more attractive work environment in a competitive talent market. Customers enjoy the benefit of new features sooner.

Agility 8

Agility Development Organization Software 8

Harvard Business Review

JULY 8, 2016

The difference between displacement (outperforming existing market incumbents at their own game) and disruption (changing the game) is strategically important, no matter how similar the pain they cause is. Drucker Forum 2016: The Entrepreneurial Society. Displacement generally is easier to combat than disruption.

Business Model 10

Business Model Innovation Company Apparel 10

Harvard Business Review

OCTOBER 5, 2012

Based on our research, we suggest that CEOs eager to do more with less drive systemic changes across their entire organization — focusing their change management efforts on three functions: R&D, marketing, and sales. Doing so will reduce the problems of brand dilution while ensuring greater market coverage.

CEO 15

CEO Innovation Restructuring Incentives 15

Harvard Business Review

JANUARY 25, 2011

I wanted to accept the consensus as a sign that the company had rounded the corner on its 3-year slog to be more relevant in their market. I knew that the new head of engineering and the head of product management had worked through a ton of issues to get to this review meeting prepared. Some long seconds passed.

CEO 16

CEO Engineering Consensus Innovation 16

Harvard Business Review

FEBRUARY 22, 2011

For example, the idea that market share leadership leads to cost leadership which creates defensible advantage is a dynamic argument. The extra dimension in a dynamic analysis is, of course, time. Managers have come a long way in the past 20 years toward appreciating its role in their strategies.

McKinsey 14

McKinsey Efficiency Long-term Analysis 14

Strategy Driven

APRIL 2, 2014

When organizations want to build a process culture, they need to identify leaders for each process improvement effort—namely an Executive Sponsor, Process Owner, Project Lead and Business Process Management (BPM) Team Facilitator. Reduce time to market for this product). and then turn them into improvement targets (e.g,

BPM 56

BPM Process Tips Management 56

Harvard Business Review

AUGUST 26, 2013

Cloud-based services are also now being bought directly by functions like HR and marketing, resulting in IT losing its control over technology purchase within the organization. They have changed their IT functions utilizing three related management interventions which, taken together, represent a fundamental re-invention of IT.

CIO 8

CIO CTO Operations Technology 8

Harvard Business Review

MARCH 5, 2014

But this was the first time attending the event where so many of the top-tier athletic luminaries—particularly coaches and managers—spoke so wistfully and ambitiously about the analytic alchemy that can turn teammates into champions. How might “teamness” improve the time to market performance of new product development efforts?

Team 8

Team Sports Franchising Early Adopters 8

Harvard Business Review

OCTOBER 18, 2016

How does your organization manage the money it spends on digital? In essence, digital investments should be planned and managed according to their current and future contribution to business performance. The portfolio tool can be used as a common frame of reference in management discussions about a number of areas.

Tools 8

Tools Competitive Advantage Operations Technology 8

Harvard Business Review

MAY 22, 2018

The most common conversation I have these days with discouraged employees below senior management levels goes like this: “This company’s bureaucracy is killing me. I have formally researched management tools and techniques for 25 years. We break large problems into manageable tasks. Maybe this group includes you.

Bureaucracy 11

Bureaucracy Agility Energy Constraint 11

Harvard Business Review

JUNE 19, 2017

But a big and growing challenge is emerging: Once your tech teams have begun to master these new ways of working — improving time to market, continuous learning, responsiveness, and collaboration — they often find that the pace of work they desire is substantially hindered by the lack of agility in HR. Related Video.

Agility 8

Agility Software Incentives Banking 8

Harvard Business Review

OCTOBER 5, 2012

Based on our research, we suggest that CEOs eager to do more with less drive systemic changes across their entire organization — focusing their change management efforts on three functions: R&D, marketing, and sales. Doing so will reduce the problems of brand dilution while ensuring greater market coverage.

CEO 8

CEO Innovation Restructuring Incentives 8

Harvard Business Review

SEPTEMBER 14, 2011

Dr Reddy's plan is to leverage Chirotech's scientific capabilities to optimize drug development processes, thus lowering manufacturing costs and speeding time-to-market. In recent years, Indian firms such as Dr Reddy's have also started globalizing their R&D footprint by moving into Western markets.

Globalization 9

Globalization Innovation Decentralization Chemicals 9

Harvard Business Review

JANUARY 29, 2015

It made a massive investment (more than $1 billion) to build a software “ Center of Excellence ” in San Ramon, California to manage the data explosion created by the increasing intelligence of its industrial machines. Melody Ivory , a User Experience Product Manager, told me, “I was about employee number 30 in February 2012.

Software 8

Software Six Sigma Insourcing P&L 8

Harvard Business Review

JULY 27, 2017

To fill the void and build such a new BMW startup unit, Gimmy partnered with an experienced innovation manager from BMW, Matthias Meyer. Top startups already have market leading solutions. The prevalent model of startup cooperation in recent years has been corporate venture capital and accelerators (CVC&A).

Venture Capitalist 8

Venture Capitalist Meyer Innovation Fixed Costs 8

Harvard Business Review

MAY 29, 2017

“Urgency” suddenly becomes a value when time to market cycles are industry lagging and pressure from the Board is mounting. ” Processes like strategy, selection, rewards, performance management, and resource allocation must have values woven deeply into them with undeniable consistency between actions and words.

Bottom-up 10

Bottom-up Competitive Advantage Organization Workshop 10

Harvard Business Review

AUGUST 9, 2013

To date, the trend has been associated with fairly standard products, such as customer relationship management software, web servers, or SQL databases, but the theory of the innovator''s dilemma suggests that it will most likely move up the stack in the future. IT management Information & technology Technology' It''s C-Suite Problem.

Technology 8

Technology CIO Agility Software 8

Harvard Business Review

JUNE 17, 2015

This seems to be a key question on the minds of not just marketers, but company strategists these days. This intensive customer focus has increased as technology-enabled transparency and online social media accelerate an inexorable flow of market power downstream from suppliers to customers. How well do you know your customers?

Productivity 8

Productivity Products Customer Intimacy Software 8

Harvard Business Review

JUNE 13, 2018

By Surya Panditi, GM, Agile Management, CA Technologies. Read more from CA Technologies: Using AI and Machine Learning for Agile Development and Portfolio Management. Do you have the flexibility and agility to capitalize on market opportunities when they arise? Survey Data Shows That Many Companies Are Still Not Truly Agile.

Agility 8

Agility Metrics Technology Succession 8

Harvard Business Review

DECEMBER 13, 2016

Although we had been a market leader for many years, our new products had been launched several months later than the competition — in fact, our time to market had doubled over the previous three years. If she spent even a few minutes chatting with her customer, her delivery times would suffer.

Project 8

Project How To Objective Efficiency 8

Harvard Business Review

MAY 7, 2018

Faster times to market, greater flexibility on the way there, and greater focus on the customer — common results of a successful lean implementation — are all positives. “The rigorous methodology serves as a framework we use to solve customer frictions and serve unmet needs to focus on real, in-market learnings.”

Innovation 12

Innovation Learning-by-Doing Execution Team 12

Harvard Business Review

DECEMBER 23, 2015

As I’ve worked with companies for 30 years, I’ve observed a recurring management vice I’ve called “faux-hesion”… the institutionalized pretense of unity. “Speed” suddenly becomes a value when time to market cycles are industry lagging.

Mission Statement 8

Mission Statement Report McKinsey Strategy 8

Harvard Business Review

MAY 23, 2016

But to get beyond the hype, managers need to understand some underlying challenges and paradigm shifts. This is often overlooked by managers, but it is a big deal. We believe data-driven manufacturing is indeed the next wave that will drive efficient and responsive production systems.

Supply Chain 10

Supply Chain Engineering System Efficiency 10

Harvard Business Review

OCTOBER 4, 2012

That's partly because they manage global projects like traditional ones. To get the most from dispersed innovation, managers need a different playbook. Here are three ways to set up and manage global innovation for success: 1. Assign oversight and support responsibility to a senior manager.

Globalization 15

Globalization Innovation Team First-mover Advantage 15

Harvard Business Review

OCTOBER 4, 2012

That's partly because they manage global projects like traditional ones. To get the most from dispersed innovation, managers need a different playbook. Here are three ways to set up and manage global innovation for success: 1. Assign oversight and support responsibility to a senior manager.

Globalization 15

Globalization Innovation Team First-mover Advantage 15

Harvard Business Review

OCTOBER 20, 2011

Conversely, why market cigarettes? He reasoned that if marketers worked on maximizing return on sales, production managers were rewarded for the sales they squeezed out of their physical plant, and finance managers focused on minimizing the amount of equity capital they needed, ROE would take care of itself.

ROE 12

ROE Debt to Equity Ratio Innovation Incentives 12

Harvard Business Review

OCTOBER 8, 2013

And because it focuses on acute episodes, REBP acts as a necessary complement to payment and care-delivery models designed to improve prevention and chronic-care management. We have consistently observed that some providers deliver the same or better clinical outcomes at dramatically lower costs than other providers in the same market.

Health Care 8

Health Care Cost Analysis Competitive Advantage 8