article thumbnail

With Peace, Colombia Is Poised for Greater Prosperity

Harvard Business

The war certainly has prevented an efficient economic structure, forcing many Colombians to be inward-looking. “It’s a culture thing,” María Lacouture, the head of government economic development agency ProColombia, told me. The peace should encourage foreign direct investment and tourism, too.

Tourism 36
article thumbnail

Change Management Is Becoming Increasingly Data-Driven. Companies Aren’t Ready

Harvard Business

We are working with a large travel and tourism firm to introduce a system for real-time employee feedback. Commercially available tools, such as culture IQ polls, sample groups of employees through a smartphone app on a daily or weekly basis to generate real-time insights. Capture Reference Data About Current Change Projects.

article thumbnail

Selling Products Is Good. Selling Projects Can Be Even Better

Harvard Business

Its success was achieved by a culture of innovation and the speedy introduction of new products. Today, Philips produces everything from automated external defibrillators to energy-efficient lighting for entire cities. Over more than a century of profitable existence, the range of products offered by the company has mushroomed.