Harvard Business Review

OCTOBER 5, 2012

Similarly, Siemens is grouping its affordable offerings — such as the microphone-tech-enabled Fetal Heart Monitor — under the label SMART, which stands for Simple, Maintenance-Friendly, Affordable, Reliable, and Timely-to-Market.

CEO 15

CEO Innovation Restructuring Incentives 15

Harvard Business Review

OCTOBER 18, 2016

For each investment category, the generic critical success factors of time , cost , and quality will be different, requiring trade-offs to be made. An example might be the decision to deploy a software package or cloud-based software solution to replace a bespoke application.

Tools 8

Tools Competitive Advantage Operations Technology 8

Harvard Business Review

JANUARY 29, 2015

One challenge, as you might expect, was introducing a software center that disrupted the existing GE’s power structure, which resides in its business units, such as Aviation, Healthcare, Power and Water, and Transportation. And there were challenges moving people off old technology and onto the new.

Software 8

Software Six Sigma Insourcing P&L 8

Harvard Business Review

AUGUST 9, 2013

After four years, systems had been tinkered with so much that new product launches became not only prohibitively expensive but also needed a very long time to market. Unintentionally, this selection bias added complexity to an already complex IT architecture. Innovations were virtually prevented by stifling complexity.

Technology 8

Technology CIO Agility Software 8

Harvard Business Review

OCTOBER 5, 2012

Similarly, Siemens is grouping its affordable offerings — such as the microphone-tech-enabled Fetal Heart Monitor — under the label SMART, which stands for Simple, Maintenance-Friendly, Affordable, Reliable, and Timely-to-Market.

CEO 8

CEO Innovation Restructuring Incentives 8

Harvard Business Review

JULY 27, 2017

At the time, BMW had no dedicated, company-spanning unit to leverage the creative power of startups. In 2012, one of us — Gregor Gimmy, a California-based serial entrepreneur and former IDEO consultant — accepted a new role at BMW’s corporate R&D headquarters.

Venture Capitalist 8

Venture Capitalist Meyer Innovation Fixed Costs 8

Harvard Business Review

JUNE 17, 2015

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.

Productivity 8

Productivity Products Customer Intimacy Software 8

Harvard Business Review

MAY 23, 2016

This is not yet the case for industrial control systems, which often have unique protocols and limited computing power. Many of these systems were designed and installed at a time when industrial security was not a prime concern. They are connected via gateways that bridge the internet and the controlled device.

Supply Chain 10

Supply Chain Engineering System Efficiency 10

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. Growth boards are the missing piece of the startup ecosystem that ignites the power of the entrepreneurial approach.

Innovation 12

Innovation Learning-by-Doing Execution Team 12

Harvard Business Review

OCTOBER 20, 2011

There is no more powerful question in a U.S. Conversely, why market cigarettes? To an extent not widely recognized, it was an equation in the first place that gave ROE the power to dominate not just investment decisions, but an entire business culture. So it's time to address our measurement system seriously at the firm level.

ROE 12

ROE Debt to Equity Ratio Innovation Incentives 12

Harvard Business Review

MAY 2, 2016

Automatic lane-change or braking systems, electric power steering, complex engine controllers — all require microcontrollers and power semiconductors. Or look at the new Airbus A350 XWB with fuselage sections coming from North Carolina and an auxiliary power unit coming from Arizona.

Supply Chain 8

Supply Chain Globalization Cost Efficiency 8