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Using Experiments to Launch New Products

Harvard Business

One simple and often overlooked way for larger companies to experiment is to randomize the introduction of new products across a set of markets. To see how this can be valuable, consider how Uber rolled out its Express Pool service in 2018. Unsurprisingly, Express Pool created new kinds of trip matches.

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Tesla Shows How Traditional Business Metrics Are Outdated

Harvard Business

At the core of the confusion over a company like Tesla is that traditional business metrics are outdated and can create overconfidence or underestimation. Classic metrics like market penetration and market share, which many leaders are measured on, are the very things causing us to miss market opportunities and threats.

Metrics 28
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Want a Data-Driven Organization? Start with Your Talent Strategy

Organizational Talent Consulting

2018, May 23). How Data Maturity and Product Analytics Improve Digital Experiences and Business Outcomes. Analytical skill sets also need to include: negotiating consulting communication developing others quantitative analysis Also, organizations need analytical leadership at every level, not just in the CTO or IT department.

Talent 82
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How will AI transform strategic planning?

Tom Spencer

At the CES 2018 held in Las Vegas, Steve Koenig , Senior Director of Market Research at Consumer Technology Association, presented on tech trends to watch. Outlining the big picture, he described 2018 as the beginning of the “ data era of consumer tech”, with the heralds of that coming age being 5G, AI, and AR. Image: Pexels.

Data 87
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Why Character Matters in Leadership

Organizational Talent Consulting

Evidence from workplace studies on the benefits of character suggests that leaders with high character scores outperform others on company performance metrics. Leadership character is shown to align the leader-follower relationship, increasing both leader and follower productivity, effectiveness, and creativity. McMahon, M.C.,

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Wearable Technology in Healthcare

Tom Spencer

Medical device companies are catching on to the financial potential of these devices and are beginning to add medical wearables to their product lines. While current devices can capture important vital signs and other fitness metrics, their ability to diagnose and treat chronic conditions is currently limited. Caffrey, Mary.

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Why Companies Are Creating Their Own Coworking Spaces

Harvard Business

As of June 2018, corporate occupiers make up roughly one-quarter of WeWork’s members and revenues. Orange’s VBN is one example; another belongs to a large telco in Silicon Valley, where its teams huddle alongside those from customers to prototype products and services. Some companies are aggressively testing both.

Company 37