article thumbnail

Synergy Unleashed: The Power of Great Teamwork

Rick Conlow

This results in missed opportunities for new products, process improvements, or creative solutions to challenges. Poor Leadership: Many leaders at the top come from a finance background and this inhibits their focus on people. Others just do not care. They value power, money, and influence over people and purpose.

article thumbnail

How the U.S. Can Rebuild Its Capacity to Innovate

Harvard Business

firms took offshoring a step further and began contracting design and product development activities overseas around the turn of the millennium when China joined the World Trade Organization and Asian producers started investing in major capacity improvements. That pattern has continued. Invest in hardware startups and scale-ups.

Insiders

Sign Up for our Newsletter

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

article thumbnail

What a Changing NAFTA Could Mean for Doing Business in Mexico

Harvard Business

Companies would like to see process improvements and better infrastructure at the border to reduce costs to import. If he wins with only a narrow victory, as seems likely, his administration would have a limited mandate for populist reforms that would severely damage foreign investment flows and public finances.

article thumbnail

Why This Health System Offers Refunds to Dissatisfied Patients

Harvard Business

While the program does have marginal costs (more on this further on) we feel that the benefits in terms of learning, process improvement, and patient experience more than offset these. We agree that superficial and poorly formed efforts to improve patient experience will be neutral or at times detrimental to outcomes and costs.

System 28