article thumbnail

What follows after the Eureka Moment: Consulting for Innovation Start-ups

Tom Spencer

My experience working with a start-up that has found a way to test the enzymatic degradability of different plastics with a hundred times increased efficiency was instructive in spotting the mistakes failed trailblazers often make. Start-up in the Plastics Industry.

article thumbnail

How to Solve Your Talent Challenge (Creatively)

Organizational Talent Consulting

A study by McKinsey revealed that companies with creative leaders outperformed peers by 67% in revenue growth, 70% in total returns to shareholders, and 74% in net enterprise value. BASF is a German multinational chemical company and the largest chemical producer in the world. We make a lot of the products you buy better.".

Talent 52
Insiders

Sign Up for our Newsletter

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

article thumbnail

Bots Won’t Just Help Us Buy Stuff. They’ll Help Us Become Better Versions of Ourselves

Harvard Business

In this data-rich future, enterprise AI is less about “artificial intelligence” and more about “augmenting introspection.” This twinned production thermostat could be instrumented to help predict the most cost-effective ways to heat critical chemicals in a production process. But why stop with industrial assets?

article thumbnail

Figuring Out How IT, Analytics, and Operations Should Work Together

Harvard Business

Consider the core mission of the modern IT department: Taking in all the technology “mess” (often from several different divisions), developing the necessary competencies, and delivering savings and efficiency to the company. Enter data and analytics, which provide an opportunity for such innovation.

article thumbnail

Don’t Be Tyrannized by Old Metrics

Harvard Business

Former Walmart.com CEO Carter Cast recalled to me, “Back in the early 2000s there were many things we wanted to accomplish with our online business but had a hard time doing because of the perception that we’d interfere with the well-oiled efficiency of the physical stores. Power by the hour aligns customers and suppliers.

Metrics 28
article thumbnail

A.T. Kearney Interview & Culture

Management Consulted

Thus, they work towards creating or upgrading current purchasing processes to enhance efficiency and maximize savings. Toronto Chapter President, National Black MBA Association; Corporate Operational Improvement and Enterprise Strategy, Deloitte. Kearney recognizes the importance of procurement as it increases in complexity and scale.

article thumbnail

9 Sustainable Business Stories That Shaped 2016

Harvard Business

With the support of chemical companies , more than 170 countries also agreed to phase out HFCs , the high global-warming-potential chemicals used in air-conditioners and refrigerators everywhere. President Obama, with his counterparts in Canada and Mexico, agreed to some aggressive regional targets on renewable energy and efficiency.

Energy 28