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Hospital Budget Systems Are Holding Back Innovation

Harvard Business Review

health care system. Explanations include their IT departments already have their hands full installing, maintaining, and upgrading electronic health record (EHR) systems. But much of the blame can be attributed to hospitals’ misaligned budgeting and incentive systems. Problem 2: Rigid annual operating budgets.

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Walmart Broadens ROI for Green Power

Harvard Business Review

But amidst a seemingly scripted set of responses on Walmart's supply chain and operational greening efforts, the discussion took an interesting turn. First, 75 percent of Walmart's California stores now have "some kind of renewable energy system." The company can also reap the immediate variable cost benefits of free power.

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How to Get People to Collaborate When You Don’t Control Their Salary

Harvard Business Review

To pursue this issue, I picked a new research setting where the reward system is highly constrained — and so is the career ladder. So how do you jumpstart collaboration without transforming the pay or promotion system? The organizational stars have tremendous autonomy over key work decisions.

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An Inside View of How LVMH Makes Luxury More Sustainable

Harvard Business Review

Belvedere’s distillery in Poland shifted from oil to gas for energy generation and added heat recovery systems to capture wasted energy. Charles Gibb, Belvedere’s CEO, says it made a strategic choice to invest in this project, even though it had a longer payback period than normal. Supply Chain Partnerships.

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How to Better Manage Your Company’s Utility Bills

Harvard Business Review

Large savings can be captured by doing things like optimizing boiler and chiller performance, running HVAC diagnostics, and making improvements to the building management system’s programming. In our experience, well-designed retrofits can deliver 20%-50% energy savings with fast payback periods.