Remove Advertising Remove Information Technology Remove Management Remove Productivity
article thumbnail

Business Ecosystems: Building Stronger Connections

Tom Spencer

Apple’s and Amazon’s product lines are showcase examples of how to build a business ecosystem. In short, it means that companies are expanding beyond their traditional core products in order to increase opportunities for cross-selling and to boost customer ownership. Not likely.

article thumbnail

The Pros and Cons of Robot Managers

Harvard Business

Although the idea may sound far-fetched, not least because the automation of jobs is usually discussed vis-à-vis unskilled labor rather than management-level positions, it is actually more feasible than most people think. Workers around the world are disengaged with their jobs, and poor management is a major source of this problem.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Is your small business making enough profit?

Asamby Consulting

The better your product or service is, the more you can charge and the better your margins. Operational Effectiveness Next to charging more for your product or service, you can also increase profit by spending less. If you manage to incur less cost and product stable or increasingly good results , your profits will increase as well.

article thumbnail

Why Are We Still Classifying Companies by Industry?

Harvard Business

Many of our current economic measurements saw their birth in the Industrial Age when the companies that were growing and shaping the world were giants with big physical plants and lots of material products — companies like Exxon Mobile and GE. But Information Technology doesn’t seem like the right category to group them into.

article thumbnail

Who Killed the GE Model?

Harvard Business

Fourth, some argued that GE’s advantage lay in its system of professional management, epitomized by its investments in executive education and management development. Silicon Valley and the rise of information technology. Depending on your theory of what made the model work, you may suspect different killers.

article thumbnail

How P&G and American Express Are Approaching AI

Harvard Business

There is a tendency with any new technology to believe that it requires new management approaches, new organizational structures, and entirely new personnel. That impression is widespread with cognitive technologies — which comprises a range of approaches in artificial intelligence (AI), machine learning, and deep learning.

System 28
article thumbnail

Businesses Can No Longer Avoid Becoming Political

Harvard Business

Rather than being undercut by new, lower-cost competitors in rapidly developing economies, such as China and India, companies have globalized their supply chains or offshored their production. Having navigated globalization and rapid technological change, businesses may be scuppered by the social and political responses to them.