article thumbnail

Strategy-First Innovation: Making Changes that Last

Tom Spencer

Priorities might include developing new products, expanding into new markets, enhancing the customer experience, increasing operational efficiency, or embracing sustainability. Intellectual property – For example, Pfizer’s ability to patent its COVID-19 vaccine provided a temporary but crucial competitive advantage during the pandemic.

article thumbnail

6 Digital Trends Are Poised to Transform How We Work - SPONSOR CONTENT FROM DXC TECHNOLOGY

Harvard Business

Artificial intelligence (AI) is already in use throughout the web and increasingly within the enterprise, handling everything from initial call screening for sales prospects to scheduling. How to Become a Digital Enterprise. Workers will always look for tools, processes, and approaches to improve efficiency and productivity.

Trends 30
Insiders

Sign Up for our Newsletter

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

article thumbnail

You Don’t Need to Be a Silicon Valley Startup to Have a Network-Based Strategy

Harvard Business

Think of E as Enterprise Value. In a traditional business, there is little connectivity or co-creation, so the enterprise value is equal to the “mass” of the company — its human resources, financial assets, intellectual property, and physical goods. Intellectual capital.

article thumbnail

A Short History of Radio Explains the iPhone’s Success

Harvard Business

Owned by the Chicago Federation of Labor, which purchased the station, in 1926, for $250,000, the enterprise aimed to publicize its point of view. The firm had been buying his intellectual property with stock. president) and his regulatory minions. WCFL, a Chicago station, was the MSNBC of its day. Since 1994 the U.S.

article thumbnail

How Multinationals Can Adapt to a Political Mood That Doesn’t Care for Them at All

Harvard Business

Multinational corporations may need to evolve from being globally integrated enterprises to federations of quasi-independent subsidiaries. The business model in which intellectual property is used will need to be tailored to the regulations and political imperatives of the countries where it is deployed. ”