October, 2017

Remove tech-and-innovation
article thumbnail

Data From 3.5 Million Employees Shows How Innovation Really Works

Harvard Business

What if we applied the same thinking to innovation? What if we applied the same thinking to innovation? After all, innovation, like marketing and sales, is a pipeline. The innovation teams at these companies use them to track and process all the ideas and whether the company committed to putting them into practice.

Data 28
article thumbnail

Why GE’s Jeff Immelt Lost His Job: Disruption and Activist Investors

Harvard Business

He sold off slower-growth, low-tech, and nonindustrial businesses — financial services, media, entertainment, plastics, and appliances. Innovation at GE was on a roll. Since then Flannery has replaced Immelt’s vice chairs responsible for innovation. He doubled GE’s investment in R&D. Then it wasn’t.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Selling Products Is Good. Selling Projects Can Be Even Better

Harvard Business

Selling products limits the revenues you can make from clients: Unless you are innovating and continually updating your product offering, customer attrition tends to be high, and incentivizing repurchases can be hard. Its success was achieved by a culture of innovation and the speedy introduction of new products.

article thumbnail

How the EMR Is Increasing Innovation and Creativity in Health Care

Harvard Business

But just as the cell phone, originally designed as a mobile communication device, has been adapted to an unimagined array of additional functions, the EMR is serving as a platform for innovation and creativity. In the language of systems engineering, the transaction is “mistake-proofed.” Insight Center.

article thumbnail

The Real Reason Superstar Firms Are Pulling Ahead

Harvard Business

They’re also more profitable, more innovative, and they pay better. He excluded tech industries from the analysis since his aim was to study how IT adoption was helping firms, rather than industries that produce IT-related products.) They’re more productive, as the chart below illustrates.

article thumbnail

Excellent Performance From People: Follow the ‘10 Commandments!’

Confessions of a Consultant

From the early concept of Quality Circles (circa 1970) to more recent experimentation with self–direction, teamworking can positively affect morale, innovation and productivity. Wouldn’t it be really great if someone ‘summarized’ this stuff and made it simple? Here goes… 1st Commandment: Let people in on the BIG picture.

Energy 40