Companies that regularly evaluate the performance of business units, acquire and divest assets, and adjust resource allocations based on each division’s relative market opportunities have a significant edge over those that do not; according to Stephan Hall, Dan Lovallo and Reiner Musters, they will be worth an average of 40% more after 15 years. In […]
Read More… from Reallocating Resources to Realize Strategic Goals
In 2013 Benner and Tushman’s research was awarded the impressive accolade of ‘Paper of the Decade’ by the American Academy of Management Review. For this reason alone it merits revisiting, but the research also contains findings that are as relevant and useful to businesses today as they were 10 years ago. Put simply, this research finds […]
Robots are taking over our jobs! Ok, maybe that’s not quite the case just yet, but as technology continues to develop swiftly, there is no doubt that machines are getting smarter, cheaper, and – in some cases- more effective than humans. In several fields, analytical models are already heavily relied on for forecasting; take the […]
Read More… from Human Judgement Vs Computer Aided Forecasting
Flattening (or delayering) of hierarchies within an organization has been called for by much recent literature. In theory, flattening is supposed to help push decisions downwards to enhance customer and market responsiveness and improve accountability and morale. In this Idea, however, Harvard Business School’s Professor Julie Wulf suggests that many companies that flatten their hierarchies […]
Read More… from Flattened Organizations: When Cons Outweigh Pros
Though product/process innovation has become a necessity for many companies, the time and expenses required is now leading hesitant companies to turn towards business model innovation instead. So what do executives need to know about it? Business model innovation matters to managers, entrepreneurs and academic researchers for several reasons. First, it represents an often underutilized […]
