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Why Are We Still Classifying Companies by Industry?

Harvard Business

They have expanded far beyond the “Information Technology” tag attached to them by GICS. Today, technology is just a standard part of corporate infrastructure, like operations or marketing. But Information Technology doesn’t seem like the right category to group them into.

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The Real Reason Superstar Firms Are Pulling Ahead

Harvard Business

One answer to that first question shows up in study after study: superstar firms are succeeding in large part due to information technology. They document that physical investment (machines, factories, equipment) has declined relative to intangible investment (software, data, employee training, management).

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Where Trump Does (and Doesn’t) Have Leverage with China

Harvard Business

This is not a charity move on Walmart’s part, but rather a management effort to educate and train American manufacturers on the hidden costs of offshore sourcing and how to be more effective suppliers to Walmart. information technology companies to disclose their proprietary source code, which is their core competitive advantage.

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Why Leaders Are Still So Hesitant to Invest in New Business Models

Harvard Business

Today, the majority of market value is made up of intangible assets (networks, platforms, intellectual property, customer relationships, big data) more than physical assets. Further, it simpler and less risky for managers tend to stick closely to the previous year’s budget.