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4 Autopsies of Big Change Management Failures

LSA Global

This outsized, rugged, status-symbol of a GM product failed to see the writing on the wall. But many would say that Kodak failed because they didn’t foresee how quickly and completely digital cameras would take over the industry that depended on film sales. Autopsy #2 – Hummer. They were caught behind the times. What do you think?

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Using M&A to Increase Your Capacity for Growth

Harvard Business

Companies should look beyond the typical goals of size, scale and efficiency – and instead seek to rebuild their capacity for growth. They are highly efficient at what they do, but struggle to do anything new. We call this path “ postmerger rejuvenation.” ” Why? In short, they lose their exploratory drive.

Film 28
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Set the Conditions for Anyone on Your Team to Be Creative

Harvard Business

Employees need to constantly write six-page memos, even for introducing small product features throughout their careers at the company. Now Leonardo was clearly a genius of historical proportions, but think about how much more efficient he would have been with a decent search engine. That’s the hard part.”

Film 51
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The Humans Working Behind the AI Curtain

Harvard Business

The truth is, AI is as “fully-automated” as the Great and Powerful Oz was in that famous scene from the classic film , where Dorothy and friends realize that the great wizard is simply a man manically pulling levers from behind a curtain.

Trends 28
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How Winning Organizations Last 100 Years

Harvard Business

Most businesses focus on serving customers, owning resources, being efficient and growing — but the Centennials don’t. Currently, our alumni include the Head of Design at every car manufacturer in the world, apart from BMW, 8 of Apple’s 18 product designers and at least one designer in every Paris fashion house.”

Study 43
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How Many Versions of a Product Do Consumers Really Want?

Harvard Business

Consumers almost always tell researchers that they prefer to have many versions of a product from which to choose. For retailers, that difference has big implications for the problem of assortment — how many variations of a single product to offer. Holger Weitzel/Getty Images. They will therefore prefer a large assortment.

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Tomorrow’s Factories Will Need Better Processes, Not Just Better Robots

Harvard Business

But the reality is that any major leap forward on cost and efficiency will no longer be possible through automation alone, since most of the tasks that can be automated in an automotive factory have already been tackled. When a real Factory of the Future arrives, it will not look different because we have automated the processes we use today.