Harvard Business School Press Books Competitive Strategy
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Making Innovation Sustainable Author(s): Skarzynski, Peter; Gibson, Rowan Publication Date: 03/18/2008 Product Type: HBS Press Chapter HBS Number: 5095BC Subjects: Business models; Core competencies; Corporate vision; Creativity; Innovation; Organizational architecture; Performance measurement Academic Discipline: Competitive strategy Product Description: For innovation to really work, it has to become a way of life for the organization. This chapter reveals what it takes to drive innovation to the core by making deep, fundamental changes to management processes and patterns of behavior. May be used with: (5116BC) The New Innovation Challenge; (5114BC) Creating the Preconditions for Innovation; (5127BC) Building a Foundation of Novel Strategic Insights: Making Innovation a Systematic Capability; (5113BC) Producing a Torrent of New Opportunities: Enlarging and Enhancing the Innovation Pipeline; (5112BC) Innovating Across the Business Model; (5111BC) Asking the Right Questions at the Right Time: Evaluating New Growth Opportunities; (5110BC) Constructing an Innovation Architecture; (5109BC) Managing and Multiplying Resources: Maximizing the Return on Innovation; (5126BC) Pacing and Derisking Innovation Investments; (5107BC) Dynamically Balancing Supply and Demand: Driving Innovation to the Core; (5106BC) Building a Systemic Innovation Capability.
Building a Systemic Innovation Capability Author(s): Skarzynski, Peter; Gibson, Rowan Publication Date: 03/18/2008 Product Type: HBS Press Chapter HBS Number: 5106BC Subjects: Business models; Core competencies; Corporate vision; Creativity; Innovation; Organizational architecture; Performance measurement Academic Discipline: Competitive strategy Product Description: This chapter outlines a framework for developing, deploying, and sustaining a systemic innovation capability in the context of your own business. May be used with: (5116BC) The New Innovation Challenge; (5114BC) Creating the Preconditions for Innovation; (5127BC) Building a Foundation of Novel Strategic Insights: Making Innovation a Systematic Capability; (5113BC) Producing a Torrent of New Opportunities: Enlarging and Enhancing the Innovation Pipeline; (5112BC) Innovating Across the Business Model; (5111BC) Asking the Right Questions at the Right Time: Evaluating New Growth Opportunities; (5110BC) Constructing an Innovation Architecture; (5109BC) Managing and Multiplying Resources: Maximizing the Return on Innovation; (5126BC) Pacing and Derisking Innovation Investments; (5107BC) Dynamically Balancing Supply and Demand: Driving Innovation to the Core; (5095BC) Making Innovation Sustainable.
Dynamically Balancing Supply and Demand: Driving Innovation to the Core Author(s): Skarzynski, Peter; Gibson, Rowan Publication Date: 03/18/2008 Product Type: HBS Press Chapter HBS Number: 5107BC Subjects: Business models; Core competencies; Corporate vision; Creativity; Innovation; Organizational architecture; Performance measurement Academic Discipline: Competitive strategy Product Description: To build and sustain a robust innovation capability, your company needs to carefully manage both the supply and demand side of innovation. This chapter describes specific principles and techniques for dynamically managing this important equation. May be used with: (5116BC) The New Innovation Challenge; (5114BC) Creating the Preconditions for Innovation; (5127BC) Building a Foundation of Novel Strategic Insights: Making Innovation a Systematic Capability; (5113BC) Producing a Torrent of New Opportunities: Enlarging and Enhancing the Innovation Pipeline; (5112BC) Innovating Across the Business Model; (5111BC) Asking the Right Questions at the Right Time: Evaluating New Growth Opportunities; (5110BC) Constructing an Innovation Architecture; (5109BC) Managing and Multiplying Resources: Maximizing the Return on Innovation; (5126BC) Pacing and Derisking Innovation Investments; (5106BC) Building a Systemic Innovation Capability; (5095BC) Making Innovation Sustainable.
Managing and Multiplying Resources: Maximizing the Return on Innovation Author(s): Skarzynski, Peter; Gibson, Rowan Publication Date: 03/18/2008 Product Type: HBS Press Chapter HBS Number: 5109BC Subjects: Business models; Core competencies; Corporate vision; Creativity; Innovation; Organizational architecture; Performance measurement Academic Discipline: Competitive strategy Product Description: Within most organizations, there are formidable barriers that prevent would-be innovators from getting access to the talent and capital they need to execute their ideas. This chapter looks at examples of companies that have successfully overcome barriers to funding radical innovation by instituting processes that help them effectively manage and multiply available resources. May be used with: (5116BC) The New Innovation Challenge; (5114BC) Creating the Preconditions for Innovation; (5127BC) Building a Foundation of Novel Strategic Insights: Making Innovation a Systematic Capability; (5113BC) Producing a Torrent of New Opportunities: Enlarging and Enhancing the Innovation Pipeline; (5112BC) Innovating Across the Business Model; (5111BC) Asking the Right Questions at the Right Time: Evaluating New Growth Opportunities; (5110BC) Constructing an Innovation Architecture; (5126BC) Pacing and Derisking Innovation Investments; (5107BC) Dynamically Balancing Supply and Demand: Driving Innovation to the Core; (5106BC) Building a Systemic Innovation Capability; (5095BC) Making Innovation Sustainable.
Constructing an Innovation Architecture Author(s): Skarzynski, Peter; Gibson, Rowan Publication Date: 03/18/2008 Product Type: HBS Press Chapter HBS Number: 5110BC Subjects: Business models; Core competencies; Corporate vision; Creativity; Innovation; Organizational architecture; Performance measurement Academic Discipline: Competitive strategy Product Description: While you need a lot of ideas and experiments to increase your chances of success, you also want your company's innovation efforts to accumulate over time so that you can build a defensible and differentiated competitive position in the marketplace. This chapter explains how your company can effectively build and deploy an innovation architecture to create a powerful strategy for revolutionizing your industry. May be used with: (5116BC) The New Innovation Challenge; (5114BC) Creating the Preconditions for Innovation; (5127BC) Building a Foundation of Novel Strategic Insights: Making Innovation a Systematic Capability; (5113BC) Producing a Torrent of New Opportunities: Enlarging and Enhancing the Innovation Pipeline; (5112BC) Innovating Across the Business Model; (5111BC) Asking the Right Questions at the Right Time: Evaluating New Growth Opportunities; (5109BC) Managing and Multiplying Resources: Maximizing the Return on Innovation; (5126BC) Pacing and Derisking Innovation Investments; (5107BC) Dynamically Balancing Supply and Demand: Driving Innovation to the Core; (5106BC) Building a Systemic Innovation Capability; (5095BC) Making Innovation Sustainable.
Asking the Right Questions at the Right Time: Evaluating New Growth Opportunities Author(s): Skarzynski, Peter; Gibson, Rowan Publication Date: 03/18/2008 Product Type: HBS Press Chapter HBS Number: 5111BC Subjects: Business models; Core competencies; Corporate vision; Creativity; Innovation; Organizational architecture; Performance measurement Academic Discipline: Competitive strategy Product Description: What criteria should your company be using to evaluate new opportunities, and how do you know whether you are asking the right questions at the right stage of the idea development process? This chapter provides some guidelines for answering these important questions. May be used with: (5116BC) The New Innovation Challenge; (5114BC) Creating the Preconditions for Innovation; (5127BC) Building a Foundation of Novel Strategic Insights: Making Innovation a Systematic Capability; (5113BC) Producing a Torrent of New Opportunities: Enlarging and Enhancing the Innovation Pipeline; (5112BC) Innovating Across the Business Model; (5110BC) Constructing an Innovation Architecture; (5109BC) Managing and Multiplying Resources: Maximizing the Return on Innovation; (5126BC) Pacing and Derisking Innovation Investments; (5107BC) Dynamically Balancing Supply and Demand: Driving Innovation to the Core; (5106BC) Building a Systemic Innovation Capability; (5095BC) Making Innovation Sustainable.
Innovating Across the Business Model Author(s): Skarzynski, Peter; Gibson, Rowan Publication Date: 03/18/2008 Product Type: HBS Press Chapter HBS Number: 5112BC Subjects: Business models; Core competencies; Corporate vision; Creativity; Innovation; Organizational architecture; Performance measurement Academic Discipline: Competitive strategy Product Description: Some of the most successful innovations of our time have been business model innovations that break from company or industry norms in meaningful and sometimes radical ways. This chapter shows you how to take your company's business model apart and consider each component as an opportunity for game-changing innovation. May be used with: (5116BC) The New Innovation Challenge; (5114BC) Creating the Preconditions for Innovation; (5127BC) Building a Foundation of Novel Strategic Insights: Making Innovation a Systematic Capability; (5113BC) Producing a Torrent of New Opportunities: Enlarging and Enhancing the Innovation Pipeline; (5111BC) Asking the Right Questions at the Right Time: Evaluating New Growth Opportunities; (5110BC) Constructing an Innovation Architecture; (5109BC) Managing and Multiplying Resources: Maximizing the Return on Innovation; (5126BC) Pacing and Derisking Innovation Investments; (5107BC) Dynamically Balancing Supply and Demand: Driving Innovation to the Core; (5106BC) Building a Systemic Innovation Capability; (5095BC) Making Innovation Sustainable; (5112BC) Innovating Across the Business Model.
Producing a Torrent of New Opportunities: Enlarging and Enhancing the Innovation Pipeline Author(s): Skarzynski, Peter; Gibson, Rowan Publication Date: 03/18/2008 Product Type: HBS Press Chapter HBS Number: 5113BC Subjects: Business models; Core competencies; Corporate vision; Creativity; Innovation; Organizational architecture; Performance measurement Academic Discipline: Competitive strategy Product Description: This chapter outlines five design rules for enlarging and enhancing your innovation pipeline so that it becomes capable of pumping out a continual flow of wealth--creating new products, services, strategies, and businesses. May be used with: (5116BC) The New Innovation Challenge; (5114BC) Creating the Preconditions for Innovation; (5127BC) Building a Foundation of Novel Strategic Insights: Making Innovation a Systematic Capability; (5112BC) Innovating Across the Business Model; (5111BC) Asking the Right Questions at the Right Time: Evaluating New Growth Opportunities; (5110BC) Constructing an Innovation Architecture; (5109BC) Managing and Multiplying Resources: Maximizing the Return on Innovation; (5126BC) Pacing and Derisking Innovation Investments; (5107BC) Dynamically Balancing Supply and Demand: Driving Innovation to the Core; (5106BC) Building a Systemic Innovation Capability; (5095BC) Making Innovation Sustainable.
Creating the Preconditions for Innovation Author(s): Skarzynski, Peter; Gibson, Rowan Publication Date: 03/18/2008 Product Type: HBS Press Chapter HBS Number: 5114BC Subjects: Business models; Core competencies; Corporate vision; Creativity; Innovation; Organizational architecture; Performance measurement Academic Discipline: Competitive strategy Product Description: Where does innovation actually come from? In this chapter, the authors begin to demystify the innovation process by identifying three critical preconditions for making breakthroughs happen. Questions to help you assess your organization's innovation capabilities are also provided. May be used with: (5116BC) The New Innovation Challenge; (5127BC) Building a Foundation of Novel Strategic Insights: Making Innovation a Systematic Capability; (5113BC) Producing a Torrent of New Opportunities: Enlarging and Enhancing the Innovation Pipeline; (5112BC) Innovating Across the Business Model; (5111BC) Asking the Right Questions at the Right Time: Evaluating New Growth Opportunities; (5110BC) Constructing an Innovation Architecture; (5109BC) Managing and Multiplying Resources: Maximizing the Return on Innovation; (5126BC) Pacing and Derisking Innovation Investments; (5107BC) Dynamically Balancing Supply and Demand: Driving Innovation to the Core; (5106BC) Building a Systemic Innovation Capability; (5095BC) Making Innovation Sustainable.
The New Innovation Challenge Author(s): Skarzynski, Peter; Gibson, Rowan Publication Date: 03/18/2008 Product Type: HBS Press Chapter HBS Number: 5116BC Subjects: Business models; Core competencies; Corporate vision; Creativity; Innovation; Organizational architecture; Performance measurement Academic Discipline: Competitive strategy Product Description: In today's innovation-based economy, where organic growth and strategic renewal are the new business mantras, either companies learn to build a systematic capability for innovation or they risk becoming obsolete. This chapter profiles innovation leaders to help you begin thinking about boosting your company's innovation performance in a dramatic and enduring way. May be used with: (5114BC) Creating the Preconditions for Innovation; (5127BC) Building a Foundation of Novel Strategic Insights: Making Innovation a Systematic Capability; (5113BC) Producing a Torrent of New Opportunities: Enlarging and Enhancing the Innovation Pipeline; (5111BC) Asking the Right Questions at the Right Time: Evaluating New Growth Opportunities; (5110BC) Constructing an Innovation Architecture; (5109BC) Managing and Multiplying Resources: Maximizing the Return on Innovation; (5126BC) Pacing and Derisking Innovation Investments; (5107BC) Dynamically Balancing Supply and Demand: Driving Innovation to the Core; (5106BC) Building a Systemic Innovation Capability; (5095BC) Making Innovation Sustainable; (5112BC) Innovating Across the Business Model.
Pacing and Derisking Innovation Investments Author(s): Skarzynski, Peter; Gibson, Rowan Publication Date: 03/18/2008 Product Type: HBS Press Chapter HBS Number: 5126BC Subjects: Business models; Core competencies; Corporate vision; Creativity; Innovation; Organizational architecture; Performance measurement Academic Discipline: Competitive strategy Product Description: This chapter shows you how to distinguish between different kinds of growth opportunities in terms of time frame and risk profile and provides some practical guidelines for pacing and derisking your commitments. May be used with: (5116BC) The New Innovation Challenge; (5114BC) Creating the Preconditions for Innovation; (5127BC) Building a Foundation of Novel Strategic Insights: Making Innovation a Systematic Capability; (5113BC) Producing a Torrent of New Opportunities: Enlarging and Enhancing the Innovation Pipeline; (5112BC) Innovating Across the Business Model; (5111BC) Asking the Right Questions at the Right Time: Evaluating New Growth Opportunities; (5110BC) Constructing an Innovation Architecture; (5109BC) Managing and Multiplying Resources: Maximizing the Return on Innovation; (5107BC) Dynamically Balancing Supply and Demand: Driving Innovation to the Core; (5106BC) Building a Systemic Innovation Capability; (5095BC) Making Innovation Sustainable.
Building a Foundation of Novel Strategic Insights: Making Innovation a Systematic Capability Author(s): Skarzynski, Peter; Gibson, Rowan Publication Date: 03/18/2008 Product Type: HBS Press Chapter HBS Number: 5127BC Subjects: Business models; Core competencies; Corporate vision; Creativity; Innovation; Organizational architecture; Performance measurement Academic Discipline: Competitive strategy Product Description: How do radical innovators come up with breakthrough ideas? In this chapter, the authors discuss four essential perspectives, or discovery lenses, and describe how innovators have used them to uncover powerful new insights and opportunities. Hands-on tools and techniques for using each lens, and specific criteria for evaluating the quality of prospective insights are included. May be used with: (5116BC) The New Innovation Challenge; (5114BC) Creating the Preconditions for Innovation; (5113BC) Producing a Torrent of New Opportunities: Enlarging and Enhancing the Innovation Pipeline; (5112BC) Innovating Across the Business Model; (5111BC) Asking the Right Questions at the Right Time: Evaluating New Growth Opportunities; (5110BC) Constructing an Innovation Architecture; (5109BC) Managing and Multiplying Resources: Maximizing the Return on Innovation; (5126BC) Pacing and Derisking Innovation Investments; (5107BC) Dynamically Balancing Supply and Demand: Driving Innovation to the Core; (5106BC) Building a Systemic Innovation Capability; (5095BC) Making Innovation Sustainable.
Introduction: Your Guide to Growth Author(s): Anthony, Scott D.; Johnson, Mark W.; Sinfield, Joseph V.; Altman, Elizabeth J. Publication Date: 07/01/2008 Product Type: HBS Press Chapter HBS Number: 4546BC Subjects: Disruptive innovations; Growth strategy; Innovation Academic Discipline: Competitive strategy Product Description: There is a general sense that a fog enshrouds the world of innovation, obscuring high-potential opportunities and making success a random and fleeting phenomenon. In contrast to conventional wisdom, this chapter contends that following the rights steps and putting in place the right structures can allow managers and entrepreneurs to improve significantly the odds of creating profitable growth businesses. May be used with: (4547BC) Precursors to Innovation: Uncovering New Routes for Growth; (4548BC) Identifying Nonconsumers: Uncovering New Routes for Growth; (4549BC) Identifying Overshot Customers: Uncovering New Routes for Growth; (4550BC) Identifying Jobs to Be Done: Uncovering New Routes for Growth; (4551BC) Developing Disruptive Ideas; (4552BC) Assessing a Strategy's Fit with a Pattern: Pattern-Based Analysis of Disruptive Ideas; (4553BC) Mastering Emergent Strategies: Taking Uncertain Ideas Forward; (4554BC) Assembling and Managing Project Teams: Realizing Disruptive Potential; (4555BC) Organizing to Innovate: Building Your Innovation Capability; (4556BC) Innovation Metrics; (4557BC) Principles and Patterns of Disruptive Innovation; (4558BC) Frequently Asked Questions: The Innovator's Guide to Growth.
Precursors to Innovation: Uncovering New Routes for Growth Author(s): Anthony, Scott D.; Johnson, Mark W.; Sinfield, Joseph V.; Altman, Elizabeth J. Publication Date: 07/01/2008 Product Type: HBS Press Chapter HBS Number: 4547BC Subjects: Disruptive innovations; Growth strategy; Innovation Academic Discipline: Competitive strategy Product Description: Before turning to individual innovation initiatives or innovation-specific structures, companies need to make sure they have the appropriate precursors for innovation. This chapter describes three critical precursors: a core business that is in control, a game plan for growth, and mastery of the resource allocation process. May be used with: (4546BC) Introduction: Your Guide to Growth; (4548BC) Identifying Nonconsumers: Uncovering New Routes for Growth; (4549BC) Identifying Overshot Customers: Uncovering New Routes for Growth; (4550BC) Identifying Jobs to Be Done: Uncovering New Routes for Growth; (4551BC) Developing Disruptive Ideas; (4552BC) Assessing a Strategy's Fit with a Pattern: Pattern-Based Analysis of Disruptive Ideas; (4553BC) Mastering Emergent Strategies: Taking Uncertain Ideas Forward; (4554BC) Assembling and Managing Project Teams: Realizing Disruptive Potential; (4555BC) Organizing to Innovate: Building Your Innovation Capability; (4556BC) Innovation Metrics; (4557BC) Principles and Patterns of Disruptive Innovation; (4558BC) Frequently Asked Questions: The Innovator's Guide to Growth.
Identifying Nonconsumers: Uncovering New Routes for Growth Author(s): Anthony, Scott D.; Johnson, Mark W.; Sinfield, Joseph V.; Altman, Elizabeth J. Publication Date: 07/01/2008 Product Type: HBS Press Chapter HBS Number: 4548BC Subjects: Disruptive innovations; Growth strategy; Innovation Academic Discipline: Competitive strategy Product Description: Finding ways to connect with nonconsumers is one of the best methods for internal innovators to position disruption as an opportunity instead of a threat. This chapter describes how to identify specific constraints on consumption, and how to begin conceptualizing ideas to reach nonconsumers. May be used with: (4546BC) Introduction: Your Guide to Growth; (4547BC) Precursors to Innovation: Uncovering New Routes for Growth; (4549BC) Identifying Overshot Customers: Uncovering New Routes for Growth; (4550BC) Identifying Jobs to Be Done: Uncovering New Routes for Growth; (4551BC) Developing Disruptive Ideas; (4552BC) Assessing a Strategy's Fit with a Pattern: Pattern-Based Analysis of Disruptive Ideas; (4553BC) Mastering Emergent Strategies: Taking Uncertain Ideas Forward; (4554BC) Assembling and Managing Project Teams: Realizing Disruptive Potential; (4555BC) Organizing to Innovate: Building Your Innovation Capability; (4556BC) Innovation Metrics; (4557BC) Principles and Patterns of Disruptive Innovation; (4558BC) Frequently Asked Questions: The Innovator's Guide to Growth.
Identifying Overshot Customers: Uncovering New Routes for Growth Author(s): Anthony, Scott D.; Johnson, Mark W.; Sinfield, Joseph V.; Altman, Elizabeth J. Publication Date: 07/01/2008 Product Type: HBS Press Chapter HBS Number: 4549BC Subjects: Customer & client analysis; Disruptive innovations; Growth strategy; Innovation Academic Discipline: Competitive strategy Product Description: At the heart of the disruptive innovation model is the concept of overshooting, that is, providing too much performance for a given group of customers. This chapter describes overshooting in detail, laying out the strategic choices an incumbent and an entrant face when overshooting occurs. May be used with: (4546BC) Introduction: Your Guide to Growth; (4547BC) Precursors to Innovation: Uncovering New Routes for Growth; (4548BC) Identifying Nonconsumers: Uncovering New Routes for Growth; (4550BC) Identifying Jobs to Be Done: Uncovering New Routes for Growth; (4551BC) Developing Disruptive Ideas; (4552BC) Assessing a Strategy's Fit with a Pattern: Pattern-Based Analysis of Disruptive Ideas; (4553BC) Mastering Emergent Strategies: Taking Uncertain Ideas Forward; (4554BC) Assembling and Managing Project Teams: Realizing Disruptive Potential; (4555BC) Organizing to Innovate: Building Your Innovation Capability; (4556BC) Innovation Metrics; (4557BC) Principles and Patterns of Disruptive Innovation; (4558BC) Frequently Asked Questions: The Innovator's Guide to Growth.
Identifying Jobs to Be Done: Uncovering New Routes for Growth Author(s): Anthony, Scott D.; Johnson, Mark W.; Sinfield, Joseph V.; Altman, Elizabeth J. Publication Date: 07/01/2008 Product Type: HBS Press Chapter HBS Number: 4550BC Subjects: Disruptive innovations; Growth strategy; Innovation Academic Discipline: Competitive strategy Product Description: To identify opportunities to create new growth, look first for important jobs that customers can't get done satisfactorily with current solutions. Embracing this notion of customers hiring products and services to get jobs done in their lives can help companies master the innovation life cycle. May be used with: (4546BC) Introduction: Your Guide to Growth; (4547BC) Precursors to Innovation: Uncovering New Routes for Growth; (4548BC) Identifying Nonconsumers: Uncovering New Routes for Growth; (4549BC) Identifying Overshot Customers: Uncovering New Routes for Growth; (4551BC) Developing Disruptive Ideas; (4552BC) Assessing a Strategy's Fit with a Pattern: Pattern-Based Analysis of Disruptive Ideas; (4553BC) Mastering Emergent Strategies: Taking Uncertain Ideas Forward; (4554BC) Assembling and Managing Project Teams: Realizing Disruptive Potential; (4555BC) Organizing to Innovate: Building Your Innovation Capability; (4556BC) Innovation Metrics; (4557BC) Principles and Patterns of Disruptive Innovation; (4558BC) Frequently Asked Questions: The Innovator's Guide to Growth.
Developing Disruptive Ideas Author(s): Anthony, Scott D.; Johnson, Mark W.; Sinfield, Joseph V.; Altman, Elizabeth J. Publication Date: 07/01/2008 Product Type: HBS Press Chapter HBS Number: 4551BC Subjects: Disruptive innovations; Growth strategy; Innovation Academic Discipline: Competitive strategy Product Description: Innovation isn't predictable. However, remembering key principles and following the straightforward process for generating disruptive ideas that is outlined in this chapter, can reliably increase the odds of coming up with a high-potential idea. May be used with: (4546BC) Introduction: Your Guide to Growth; (4547BC) Precursors to Innovation: Uncovering New Routes for Growth; (4548BC) Identifying Nonconsumers: Uncovering New Routes for Growth; (4549BC) Identifying Overshot Customers: Uncovering New Routes for Growth; (4550BC) Identifying Jobs to Be Done: Uncovering New Routes for Growth; (4552BC) Assessing a Strategy's Fit with a Pattern: Pattern-Based Analysis of Disruptive Ideas; (4553BC) Mastering Emergent Strategies: Taking Uncertain Ideas Forward; (4554BC) Assembling and Managing Project Teams: Realizing Disruptive Potential; (4555BC) Organizing to Innovate: Building Your Innovation Capability; (4556BC) Innovation Metrics; (4557BC) Principles and Patterns of Disruptive Innovation; (4558BC) Frequently Asked Questions: The Innovator's Guide to Growth.
Assessing a Strategys Fit with a Pattern: Pattern-Based Analysis of Disruptive Ideas Author(s): Anthony, Scott D.; Johnson, Mark W.; Sinfield, Joseph V.; Altman, Elizabeth J. Publication Date: 07/01/2008 Product Type: HBS Press Chapter HBS Number: 4552BC Subjects: Disruptive innovations; Growth strategy; Innovation Academic Discipline: Competitive strategy Product Description: Successfully creating new growth innovations requires becoming an expert at recognizing and using patterns to assess and shape ideas. This chapter explains in detail how to assess the degree to which a strategy matches a pattern common to successful innovations. May be used with: (4546BC) Introduction: Your Guide to Growth; (4547BC) Precursors to Innovation: Uncovering New Routes for Growth; (4548BC) Identifying Nonconsumers: Uncovering New Routes for Growth; (4549BC) Identifying Overshot Customers: Uncovering New Routes for Growth; (4550BC) Identifying Jobs to Be Done: Uncovering New Routes for Growth; (4551BC) Developing Disruptive Ideas; (4553BC) Mastering Emergent Strategies: Taking Uncertain Ideas Forward; (4554BC) Assembling and Managing Project Teams: Realizing Disruptive Potential; (4555BC) Organizing to Innovate: Building Your Innovation Capability; (4556BC) Innovation Metrics; (4557BC) Principles and Patterns of Disruptive Innovation; (4558BC) Frequently Asked Questions: The Innovator's Guide to Growth.
Mastering Emergent Strategies: Taking Uncertain Ideas Forward Author(s): Anthony, Scott D.; Johnson, Mark W.; Sinfield, Joseph V.; Altman, Elizabeth J. Publication Date: 07/01/2008 Product Type: HBS Press Chapter HBS Number: 4553BC Subjects: Disruptive innovations; Growth strategy; Innovation; Risk management Academic Discipline: Competitive strategy Product Description: Following what is known as an emergent strategy can help companies improve their odds of success by systematically addressing the key risks and unknowns that typify highly uncertain ideas. This chapter describes three simple steps managers can follow to master emergent strategy processes. May be used with: (4546BC) Introduction: Your Guide to Growth; (4547BC) Precursors to Innovation: Uncovering New Routes for Growth; (4548BC) Identifying Nonconsumers: Uncovering New Routes for Growth; (4549BC) Identifying Overshot Customers: Uncovering New Routes for Growth; (4550BC) Identifying Jobs to Be Done: Uncovering New Routes for Growth; (4551BC) Developing Disruptive Ideas; (4552BC) Assessing a Strategy's Fit with a Pattern: Pattern-Based Analysis of Disruptive Ideas; (4554BC) Assembling and Managing Project Teams: Realizing Disruptive Potential; (4555BC) Organizing to Innovate: Building Your Innovation Capability; (4556BC) Innovation Metrics; (4557BC) Principles and Patterns of Disruptive Innovation; (4558BC) Frequently Asked Questions: The Innovator's Guide to Growth.
Assembling and Managing Project Teams: Realizing Disruptive Potential Author(s): Anthony, Scott D.; Johnson, Mark W.; Sinfield, Joseph V.; Altman, Elizabeth J. Publication Date: 07/01/2008 Product Type: HBS Press Chapter HBS Number: 4554BC Subjects: Disruptive innovations; Growth strategy; Innovation; Team leadership Academic Discipline: Competitive strategy Product Description: One of the greatest challenges facing managers seeking to create new growth businesses is assembling and managing teams charged with creating new growth. This chapter provides guidelines for senior managers to set up a team for success. May be used with: (4546BC) Introduction: Your Guide to Growth; (4547BC) Precursors to Innovation: Uncovering New Routes for Growth; (4548BC) Identifying Nonconsumers: Uncovering New Routes for Growth; (4549BC) Identifying Overshot Customers: Uncovering New Routes for Growth; (4550BC) Identifying Jobs to Be Done: Uncovering New Routes for Growth; (4551BC) Developing Disruptive Ideas; (4552BC) Assessing a Strategy's Fit with a Pattern: Pattern-Based Analysis of Disruptive Ideas; (4553BC) Mastering Emergent Strategies: Taking Uncertain Ideas Forward; (4555BC) Organizing to Innovate: Building Your Innovation Capability; (4556BC) Innovation Metrics; (4557BC) Principles and Patterns of Disruptive Innovation; (4558BC) Frequently Asked Questions: The Innovator's Guide to Growth.
Organizing to Innovate: Building Your Innovation Capability Author(s): Anthony, Scott D.; Johnson, Mark W.; Sinfield, Joseph V.; Altman, Elizabeth J. Publication Date: 07/01/2008 Product Type: HBS Press Chapter HBS Number: 4555BC Subjects: Corporate culture; Disruptive innovations; Growth strategy; Innovation Academic Discipline: Competitive strategy Product Description: Success requires going beyond winning once to developing deep capabilities that allow a company repeatedly to disarm disruptive threats and seize new opportunities. This chapter describes how companies can build innovation structures that help them address specific innovation challenges and surround those structures with the appropriate systems and culture. May be used with: (4546BC) Introduction: Your Guide to Growth; (4547BC) Precursors to Innovation: Uncovering New Routes for Growth; (4548BC) Identifying Nonconsumers: Uncovering New Routes for Growth; (4549BC) Identifying Overshot Customers: Uncovering New Routes for Growth; (4550BC) Identifying Jobs to Be Done: Uncovering New Routes for Growth; (4551BC) Developing Disruptive Ideas; (4552BC) Assessing a Strategy's Fit with a Pattern: Pattern-Based Analysis of Disruptive Ideas; (4553BC) Mastering Emergent Strategies: Taking Uncertain Ideas Forward; (4554BC) Assembling and Managing Project Teams: Realizing Disruptive Potential; (4556BC) Innovation Metrics; (4557BC) Principles and Patterns of Disruptive Innovation; (4558BC) Frequently Asked Questions: The Innovator's Guide to Growth.
Innovation Metrics Author(s): Anthony, Scott D.; Johnson, Mark W.; Sinfield, Joseph V.; Altman, Elizabeth J. Publication Date: 07/01/2008 Product Type: HBS Press Chapter HBS Number: 4556BC Subjects: Disruptive innovations; Growth strategy; Innovation; Metrics; Performance measurement Academic Discipline: Competitive strategy Product Description: One of the key challenges for companies seeking to improve their ability to create growth through innovation is that the metrics many companies use to measure innovation run a high risk of actually leading them in the wrong direction. This chapter describes key measurement traps and lays out fifteen potential innovation metrics companies can use to more accurately assess innovation-related activities. May be used with: (4546BC) Introduction: Your Guide to Growth; (4547BC) Precursors to Innovation: Uncovering New Routes for Growth; (4548BC) Identifying Nonconsumers: Uncovering New Routes for Growth; (4549BC) Identifying Overshot Customers: Uncovering New Routes for Growth; (4550BC) Identifying Jobs to Be Done: Uncovering New Routes for Growth; (4551BC) Developing Disruptive Ideas; (4552BC) Assessing a Strategy's Fit with a Pattern: Pattern-Based Analysis of Disruptive Ideas; (4553BC) Mastering Emergent Strategies: Taking Uncertain Ideas Forward; (4554BC) Assembling and Managing Project Teams: Realizing Disruptive Potential; (4555BC) Organizing to Innovate: Building Your Innovation Capability; (4557BC) Principles and Patterns of Disruptive Innovation; (4558BC) Frequently Asked Questions: The Innovator's Guide to Growth.
Principles and Patterns of Disruptive Innovation Author(s): Anthony, Scott D.; Johnson, Mark W.; Sinfield, Joseph V.; Altman, Elizabeth J. Publication Date: 07/01/2008 Product Type: HBS Press Chapter HBS Number: 4557BC Subjects: Disruptive innovations; Growth strategy; Innovation Academic Discipline: Competitive strategy Product Description: This chapter highlights key innovation traps and summarizes the processes and principles that will significantly increase your chances of creating growth through innovation. May be used with: (4546BC) Introduction: Your Guide to Growth; (4547BC) Precursors to Innovation: Uncovering New Routes for Growth; (4548BC) Identifying Nonconsumers: Uncovering New Routes for Growth; (4549BC) Identifying Overshot Customers: Uncovering New Routes for Growth; (4550BC) Identifying Jobs to Be Done: Uncovering New Routes for Growth; (4551BC) Developing Disruptive Ideas; (4552BC) Assessing a Strategy's Fit with a Pattern: Pattern-Based Analysis of Disruptive Ideas; (4553BC) Mastering Emergent Strategies: Taking Uncertain Ideas Forward; (4554BC) Assembling and Managing Project Teams: Realizing Disruptive Potential; (4555BC) Organizing to Innovate: Building Your Innovation Capability; (4556BC) Innovation Metrics; (4558BC) Frequently Asked Questions: The Innovator's Guide to Growth.
Frequently Asked Questions: The Innovators Guide to Growth Author(s): Anthony, Scott D.; Johnson, Mark W.; Sinfield, Joseph V.; Altman, Elizabeth J. Publication Date: 07/01/2008 Product Type: HBS Press Chapter HBS Number: 4558BC Subjects: Disruptive innovations; Growth strategy; Innovation Academic Discipline: Competitive strategy Product Description: This chapter provides suggested answers to a few of the tough questions asked most frequently about disruptive innovation. May be used with: (4546BC) Introduction: Your Guide to Growth; (4547BC) Precursors to Innovation: Uncovering New Routes for Growth; (4548BC) Identifying Nonconsumers: Uncovering New Routes for Growth; (4549BC) Identifying Overshot Customers: Uncovering New Routes for Growth; (4550BC) Identifying Jobs to Be Done: Uncovering New Routes for Growth; (4551BC) Developing Disruptive Ideas; (4552BC) Assessing a Strategy's Fit with a Pattern: Pattern-Based Analysis of Disruptive Ideas; (4553BC) Mastering Emergent Strategies: Taking Uncertain Ideas Forward; (4554BC) Assembling and Managing Project Teams: Realizing Disruptive Potential; (4555BC) Organizing to Innovate: Building Your Innovation Capability; (4556BC) Innovation Metrics; (4557BC) Principles and Patterns of Disruptive Innovation.
The Tensions of Organization Design: Optimizing Trade-Offs Author(s): Simons, Robert Publication Date: 06/16/2005 Product Type: HBS Press Chapter HBS Number: 2403BC Subjects: Accountability; Organizational behavior; Organizational design; Organizational structure; Strategy execution; Strategy formulation; Vision Academic Discipline: Competitive strategy Product Description: To be fully effective, all managers must understand the implications of the organization design choices on their business units. This chapter makes the case for the development of a new theory of organization design by reviewing the tensions that today's managers must navigate to succeed in designing or redesigning organizations for enduring performance. May be used with: (2404BC) Aligning Span of Attention: The Goal of Organization Design; (2405BC) Unit Structure: Defining a Primary Customer as a Basis for Organizational Architecture; (2406BC) Diagnostic Control Systems: Determining Critical Performance Variables to Support Strategic Goals; (2407BC) Interactive Networks: Determining the Right Degree of Creative Tension to Support Business Strategy; (2408BC) Share Responsibilities: Managing Human Behavior to Advance Organizational Strategy; (2409BC) Adjusting the Levers: Three Examples: Levers of Organization Design at Work; (2410BC) Designing Organizations for Performance: The Alignment of Design and Strategy.
Aligning Span of Attention: The Goal of Organization Design Author(s): Simons, Robert Publication Date: 06/16/2005 Product Type: HBS Press Chapter HBS Number: 2404BC Subjects: Accountability; Attention; Control systems; Creativity; Organizational design; Organizational structure; Strategy alignment; Strategy formulation Academic Discipline: Competitive strategy Product Description: This chapter presents a framework for organization design, focusing on the four key elements that organizations must address in order to ensure the successful execution of strategy: customer definition, critical performance variables, creative tension, and commitment to others. May be used with: (2403BC) The Tensions of Organization Design: Optimizing Trade-offs; (2405BC) Unit Structure: Defining a Primary Customer as a Basis for Organizational Architecture; (2406BC) Diagnostic Control Systems: Determining Critical Performance Variables to Support Strategic Goals; (2407BC) Interactive Networks: Determining the Right Degree of Creative Tension to Support Business Strategy; (2408BC) Share Responsibilities: Managing Human Behavior to Advance Organizational Strategy; (2409BC) Adjusting the Levers: Three Examples: Levers of Organization Design at Work; (2410BC) Designing Organizations for Performance: The Alignment of Design and Strategy.
Unit Structure: Defining a Primary Customer as a Basis for Organizational Architecture Author(s): Simons, Robert Publication Date: 06/16/2005 Product Type: HBS Press Chapter HBS Number: 2405BC Subjects: Accountability; Customers; Financial management; Organizational design; Organizational structure; Performance management; Strategy alignment; Strategy formulation Academic Discipline: Competitive strategy Product Description: Grouping work units according to specific criteria is one of the most vexing problems of organization design. This chapter offers an approach to solve the organization structure problem by analyzing the first of the four Cs of organization design: customer definition. May be used with: (2403BC) The Tensions of Organization Design: Optimizing Trade-offs; (2404BC) Aligning Span of Attention: The Goal of Organization Design; (2406BC) Diagnostic Control Systems: Determining Critical Performance Variables to Support Strategic Goals; (2407BC) Interactive Networks: Determining the Right Degree of Creative Tension to Support Business Strategy; (2408BC) Share Responsibilities: Managing Human Behavior to Advance Organizational Strategy; (2409BC) Adjusting the Levers: Three Examples: Levers of Organization Design at Work; (2410BC) Designing Organizations for Performance: The Alignment of Design and Strategy.
Diagnostic Control Systems: Determining Critical Performance Variables to Support Strategic Goals Author(s): Simons, Robert Publication Date: 06/16/2005 Product Type: HBS Press Chapter HBS Number: 2406BC Subjects: Accountability; Control systems; Organizational behavior; Organizational design; Performance measurement; Resistance; Strategy implementation Academic Discipline: Competitive strategy Product Description: This chapter introduces the second of the four Cs of organization design-critical performance variables and examines how accountability and resistance factor in to designing an organization that creates value. May be used with: (2404BC) Aligning Span of Attention: The Goal of Organization Design; (2403BC) The Tensions of Organization Design: Optimizing Trade-offs; (2405BC) Unit Structure: Defining a Primary Customer as a Basis for Organizational Architecture; (2407BC) Interactive Networks: Determining the Right Degree of Creative Tension to Support Business Strategy; (2408BC) Share Responsibilities: Managing Human Behavior to Advance Organizational Strategy; (2409BC) Adjusting the Levers: Three Examples: Levers of Organization Design at Work; (2410BC) Designing Organizations for Performance: The Alignment of Design and Strategy.
Interactive Networks: Determining the Right Degree of Creative Tension to Support Business Strategy Author(s): Simons, Robert Publication Date: 06/16/2005 Product Type: HBS Press Chapter HBS Number: 2407BC Subjects: Accountability; Control systems; Organizational behavior; Organizational design; Performance measurement; Resistance; Strategy implementation Academic Discipline: Competitive strategy Product Description: This chapter introduces the second of the four Cs of organization design-critical performance variables and examines how accountability and resistance factor in to designing an organization that creates value. May be used with: (2404BC) Aligning Span of Attention: The Goal of Organization Design; (2403BC) The Tensions of Organization Design: Optimizing Trade-offs; (2405BC) Unit Structure: Defining a Primary Customer as a Basis for Organizational Architecture; (2407BC) Interactive Networks: Determining the Right Degree of Creative Tension to Support Business Strategy; (2408BC) Share Responsibilities: Managing Human Behavior to Advance Organizational Strategy; (2409BC) Adjusting the Levers: Three Examples: Levers of Organization Design at Work; (2410BC) Designing Organizations for Performance: The Alignment of Design and Strategy.
Shared Responsibilities: Managing Human Behavior to Advance Organizational Strategy Author(s): Simons, Robert Publication Date: 06/16/2005 Product Type: HBS Press Chapter HBS Number: 2408BC Subjects: Corporate culture; Leadership; Organizational behavior; Organizational design; Performance management; Resistance; Strategy implementation; Vision Academic Discipline: Competitive strategy Product Description: Two critical tasks of senior managers are determining how individuals should act within their organization and then creating the necessary conditions for them to act in the desired way. This chapter focuses on the last of the four Cs of organization design: analyzing the level of commitment to others that is needed to support organizational strategy. May be used with: (2404BC) Aligning Span of Attention: The Goal of Organization Design; (2403BC) The Tensions of Organization Design: Optimizing Trade-offs; (2405BC) Unit Structure: Defining a Primary Customer as a Basis for Organizational Architecture; (2406BC) Diagnostic Control Systems: Determining Critical Performance Variables to Support Strategic Goals; (2407BC) Interactive Networks: Determining the Right Degree of Creative Tension to Support Business Strategy; (2409BC) Adjusting the Levers: Three Examples: Levers of Organization Design at Work; (2410BC) Designing Organizations for Performance: The Alignment of Design and Strategy.
Adjusting the Levers: Three Examples: Three Practical Examples of How to Do It Author(s): Simons, Robert Publication Date: 06/16/2005 Product Type: HBS Press Chapter HBS Number: 2409BC Subjects: Accountability; Customers; Organizational behavior; Organizational design; Organizational structure; Strategy formulation; Strategy implementation; Vision Academic Discipline: Competitive strategy Product Description: This chapter focuses on the important interplay of the four levers of organization design. Examples from three different organizations are used to discuss the effect of each design variable on the others. May be used with: (2404BC) Aligning Span of Attention: The Goal of Organization Design; (2403BC) The Tensions of Organization Design: Optimizing Trade-offs; (2405BC) Unit Structure: Defining a Primary Customer as a Basis for Organizational Architecture; (2406BC) Diagnostic Control Systems: Determining Critical Performance Variables to Support Strategic Goals; (2407BC) Interactive Networks: Determining the Right Degree of Creative Tension to Support Business Strategy; (2408BC) Share Responsibilities: Managing Human Behavior to Advance Organizational Strategy; (2410BC) Designing Organizations for Performance: The Alignment of Design and Strategy.
Designing Organizations for Performance: The Alignment of Design and Strategy Author(s): Simons, Robert Publication Date: 06/16/2005 Product Type: HBS Press Chapter HBS Number: 2410BC Subjects: Accountability; Control systems; Organizational behavior; Organizational design; Organizational structure; Strategy formulation; Strategy implementation; Vision Academic Discipline: Competitive strategy Product Description: In this chapter, the author brings the analysis down to the ground level the level of individual people and business units to test whether different designs are capable of implementing strategy successfully. May be used with: (2403BC) The Tensions of Organization Design: Optimizing Trade-offs; (2404BC) Aligning Span of Attention: The Goal of Organization Design; (2405BC) Unit Structure: Defining a Primary Customer as a Basis for Organizational Architecture; (2406BC) Diagnostic Control Systems: Determining Critical Performance Variables to Support Strategic Goals; (2407BC) Interactive Networks: Determining the Right Degree of Creative Tension to Support Business Strategy; (2408BC) Share Responsibilities: Managing Human Behavior to Advance Organizational Strategy; (2409BC) Adjusting the Levers: Three Examples: Levers of Organization Design at Work.
Meet the Players: Chinese Entrepreneurs Thriving in an Unpredictable Market Author(s): Sull, Donald; Wang, Yong Publication Date: 04/18/2005 Product Type: HBS Press Chapter HBS Number: 9869BC Geographic Setting: China Subjects: Business models; Competition; Corporate strategy; Entrepreneurs; Uncertainty Academic Discipline: Competitive strategy Product Description: Most Westerners know very little about the entrepreneurs who are reshaping the second-largest and arguably most dynamic economy in the world: China. This chapter provides a brief overview of recent Chinese history and an introduction to several successful Chinese companies and the lessons they offer on managing in an unpredictable context. May be used with: (9880BC) Acknowledge the Fog of the Future: How Chinese Entrepreneurs Confront Limited Visibility in Unpredictable Markets; (9881BC) Conduct Reconnaissance into the Future: How Chinese Entrepreneurs Anticipate the Future of Their Business; (9882BC) Outcycle the Competition: How Chinese Entrepreneurs Compete in Unpredictable Markets; (9870BC) Develop a Flexible Hierarchy: How Chinese Entrepreneurs Thrive in an Unpredictable Market; (9871BC) Manage Relationships Dynamically: How Chinese Entrepreneurs Thrive in an Unpredictable Market; (9872BC) Go for the Gold: How Chinese Entrepreneurs Seize Opportunities and Market Leadership; (9873BC) Get Big Right: How Chinese Entrepreneurs Scale Their Businesses for Success; (9874BC) Leading in an Unpredictable World: Lessons from Chinese Entrepreneurs.
Acknowledge the Fog of the Future: How Chinese Entrepreneurs Confront Limited Visibility in Unpredictable Markets Author(s): Sull, Donald; Wang, Yong Publication Date: 04/18/2005 Product Type: HBS Press Chapter HBS Number: 9880BC Geographic Setting: China Subjects: Business models; Competition; Corporate strategy; Entrepreneurs; Uncertainty Academic Discipline: Competitive strategy Product Description: Managers must rethink their view of time in order to compete effectively in unpredictable markets like China. They should adopt an unfolding view of time, called the fog of the future, in which a steady stream of unanticipated threats and opportunities emerge. May be used with: (9869BC) Meet the Players: Chinese Entrepreneurs Thriving in an Unpredictable Market; (9870BC) Develop a Flexible Hierarchy: How Chinese Entrepreneurs Thrive in an Unpredictable Market; (9871BC) Manage Relationships Dynamically: How Chinese Entrepreneurs Thrive in an Unpredictable Market; (9872BC) Go for the Gold: How Chinese Entrepreneurs Seize Opportunities and Market Leadership; (9873BC) Get Big Right: How Chinese Entrepreneurs Scale Their Businesses for Success; (9874BC) Leading in an Unpredictable World: Lessons from Chinese Entrepreneurs; (9881BC) Conduct Reconnaissance into the Future: How Chinese Entrepreneurs Anticipate the Future of Their Business; (9882BC) Outcycle the Competition: How Chinese Entrepreneurs Compete in Unpredictable Markets.
Conduct Reconnaissance into the Future: How Chinese Entrepreneurs Anticipate the Future of Their Business Author(s): Sull, Donald; Wang, Yong Publication Date: 04/18/2005 Product Type: HBS Press Chapter HBS Number: 9881BC Geographic Setting: China Subjects: Business models; Competition; Corporate strategy; Entrepreneurs; Uncertainty Academic Discipline: Competitive strategy Product Description: Managers can improve their odds of succeeding in unpredictable markets by conducting reconnaissance into the future rather than relying on a preconceived plan. This chapter outlines the steps that successful Chinese entrepreneurs have taken to anticipate possible threats and opportunities. May be used with: (9869BC) Meet the Players: Chinese Entrepreneurs Thriving in an Unpredictable Market; (9870BC) Develop a Flexible Hierarchy: How Chinese Entrepreneurs Thrive in an Unpredictable Market; (9871BC) Manage Relationships Dynamically: How Chinese Entrepreneurs Thrive in an Unpredictable Market; (9872BC) Go for the Gold: How Chinese Entrepreneurs Seize Opportunities and Market Leadership; (9873BC) Get Big Right: How Chinese Entrepreneurs Scale Their Businesses for Success; (9874BC) Leading in an Unpredictable World: Lessons from Chinese Entrepreneurs; (9880BC) Acknowledge the Fog of the Future: How Chinese Entrepreneurs Confront Limited Visibility in Unpredictable Markets; (9882BC) Outcycle the Competition: How Chinese Entrepreneurs Compete in Unpredictable Markets.
Outcycle the Competition: How Chinese Entrepreneurs Compete in Unpredictable Markets Author(s): Sull, Donald; Wang, Yong Publication Date: 04/18/2005 Product Type: HBS Press Chapter HBS Number: 9882BC Geographic Setting: China Subjects: Business models; Competition; Corporate strategy; Entrepreneurs; Uncertainty Academic Discipline: Competitive strategy Product Description: Simply sensing and anticipating emerging opportunities and threats is not enough. This chapter shows how companies can move beyond insight to action by deploying the SAPE (sense-anticipate-prioritize-execute) cycle a system that is particularly well suited to competition in rapidly changing environments. May be used with: (9869BC) Meet the Players: Chinese Entrepreneurs Thriving in an Unpredictable Market; (9870BC) Develop a Flexible Hierarchy: How Chinese Entrepreneurs Thrive in an Unpredictable Market; (9871BC) Manage Relationships Dynamically: How Chinese Entrepreneurs Thrive in an Unpredictable Market; (9872BC) Go for the Gold: How Chinese Entrepreneurs Seize Opportunities and Market Leadership; (9873BC) Get Big Right: How Chinese Entrepreneurs Scale Their Businesses for Success; (9874BC) Leading in an Unpredictable World: Lessons from Chinese Entrepreneurs; (9880BC) Acknowledge the Fog of the Future: How Chinese Entrepreneurs Confront Limited Visibility in Unpredictable Markets; (9881BC) Conduct Reconnaissance into the Future: How Chinese Entrepreneurs Anticipate the Future of Their Business.
Develop a Flexible Hierarchy: How Chinese Entrepreneurs Thrive in an Unpredictable Market Author(s): Sull, Donald; Wang, Yong Publication Date: 04/18/2005 Product Type: HBS Press Chapter HBS Number: 9870BC Geographic Setting: China Subjects: Business models; Competition; Corporate strategy; Entrepreneurs; Uncertainty Academic Discipline: Competitive strategy Product Description: This chapter describes how a flexible hierarchy functions and the steps necessary to develop it. May be used with: (9869BC) Meet the Players: Chinese Entrepreneurs Thriving in an Unpredictable Market; (9871BC) Manage Relationships Dynamically: How Chinese Entrepreneurs Thrive in an Unpredictable Market; (9872BC) Go for the Gold: How Chinese Entrepreneurs Seize Opportunities and Market Leadership; (9873BC) Get Big Right: How Chinese Entrepreneurs Scale Their Businesses for Success; (9874BC) Leading in an Unpredictable World: Lessons from Chinese Entrepreneurs; (9880BC) Acknowledge the Fog of the Future: How Chinese Entrepreneurs Confront Limited Visibility in Unpredictable Markets; (9881BC) Conduct Reconnaissance into the Future: How Chinese Entrepreneurs Anticipate the Future of Their Business; (9882BC) Outcycle the Competition: How Chinese Entrepreneurs Compete in Unpredictable Markets.
Manage Relationships Dynamically: How Chinese Entrepreneurs Thrive in an Unpredictable Market Author(s): Sull, Donald; Wang, Yong Publication Date: 04/18/2005 Product Type: HBS Press Chapter HBS Number: 9871BC Geographic Setting: China Subjects: Business models; Competition; Corporate strategy; Entrepreneurs; Uncertainty Academic Discipline: Competitive strategy Product Description: Partnerships are necessary in order to share risk and obtain resources for succeeding in an unpredictable environment. This chapter identifies concrete actions companies can take to manage the dynamics of important relationships over time. May be used with: (9869BC) Meet the Players: Chinese Entrepreneurs Thriving in an Unpredictable Market; (9870BC) Develop a Flexible Hierarchy: How Chinese Entrepreneurs Thrive in an Unpredictable Market; (9872BC) Go for the Gold: How Chinese Entrepreneurs Seize Opportunities and Market Leadership; (9873BC) Get Big Right: How Chinese Entrepreneurs Scale Their Businesses for Success; (9874BC) Leading in an Unpredictable World: Lessons from Chinese Entrepreneurs; (9880BC) Acknowledge the Fog of the Future: How Chinese Entrepreneurs Confront Limited Visibility in Unpredictable Markets; (9881BC) Conduct Reconnaissance into the Future: How Chinese Entrepreneurs Anticipate the Future of Their Business; (9882BC) Outcycle the Competition: How Chinese Entrepreneurs Compete in Unpredictable Markets.
Go for the Gold: How Chinese Entrepreneurs Seize Opportunities and Market Leadership Author(s): Sull, Donald; Wang, Yong Publication Date: 04/18/2005 Product Type: HBS Press Chapter HBS Number: 9872BC Geographic Setting: China Subjects: Business models; Competition; Corporate strategy; Entrepreneurs; Uncertainty Academic Discipline: Competitive strategy Product Description: Unpredictable environments periodically provide golden opportunities that allow firms to create significant value in a short period. This chapter introduces a framework to help managers and entrepreneurs systematically evaluate opportunities. May be used with: (9869BC) Meet the Players: Chinese Entrepreneurs Thriving in an Unpredictable Market; (9870BC) Develop a Flexible Hierarchy: How Chinese Entrepreneurs Thrive in an Unpredictable Market; (9871BC) Manage Relationships Dynamically: How Chinese Entrepreneurs Thrive in an Unpredictable Market; (9873BC) Get Big Right: How Chinese Entrepreneurs Scale Their Businesses for Success; (9874BC) Leading in an Unpredictable World: Lessons from Chinese Entrepreneurs; (9880BC) Acknowledge the Fog of the Future: How Chinese Entrepreneurs Confront Limited Visibility in Unpredictable Markets; (9881BC) Conduct Reconnaissance into the Future: How Chinese Entrepreneurs Anticipate the Future of Their Business; (9882BC) Outcycle the Competition: How Chinese Entrepreneurs Compete in Unpredictable Markets.
Get Big Right: How Chinese Entrepreneurs Scale Their Businesses for Success Author(s): Sull, Donald; Wang, Yong Publication Date: 04/18/2005 Product Type: HBS Press Chapter HBS Number: 9873BC Geographic Setting: China Subjects: Business models; Competition; Corporate strategy; Entrepreneurs; Uncertainty Academic Discipline: Competitive strategy Product Description: This chapter discusses how entrepreneurs and managers can think more systematically about the challenges of scaling their organization in unpredictable markets. May be used with: (9869BC) Meet the Players: Chinese Entrepreneurs Thriving in an Unpredictable Market; (9870BC) Develop a Flexible Hierarchy: How Chinese Entrepreneurs Thrive in an Unpredictable Market; (9871BC) Manage Relationships Dynamically: How Chinese Entrepreneurs Thrive in an Unpredictable Market; (9872BC) Go for the Gold: How Chinese Entrepreneurs Seize Opportunities and Market Leadership; (9874BC) Leading in an Unpredictable World: Lessons from Chinese Entrepreneurs; (9880BC) Acknowledge the Fog of the Future: How Chinese Entrepreneurs Confront Limited Visibility in Unpredictable Markets; (9881BC) Conduct Reconnaissance into the Future: How Chinese Entrepreneurs Anticipate the Future of Their Business; (9882BC) Outcycle the Competition: How Chinese Entrepreneurs Compete in Unpredictable Markets.
Leading in an Unpredictable World: Lessons from Chinese Entrepreneurs Author(s): Sull, Donald; Wang, Yong Publication Date: 04/18/2005 Product Type: HBS Press Chapter HBS Number: 9874BC Geographic Setting: China Subjects: Business models; Competition; Corporate strategy; Entrepreneurs; Uncertainty Academic Discipline: Competitive strategy Product Description: As this chapter illustrates, firms in unpredictable markets such as China need fully engaged leaders who monitor the competitive context for emerging opportunities and threats, set corporate priorities, build and maintain flexible hierarchies, and pursue golden opportunities while responding to threats. May be used with: (9869BC) Meet the Players: Chinese Entrepreneurs Thriving in an Unpredictable Market; (9870BC) Develop a Flexible Hierarchy: How Chinese Entrepreneurs Thrive in an Unpredictable Market; (9871BC) Manage Relationships Dynamically: How Chinese Entrepreneurs Thrive in an Unpredictable Market; (9872BC) Go for the Gold: How Chinese Entrepreneurs Seize Opportunities and Market Leadership; (9873BC) Get Big Right: How Chinese Entrepreneurs Scale Their Businesses for Success; (9880BC) Acknowledge the Fog of the Future: How Chinese Entrepreneurs Confront Limited Visibility in Unpredictable Markets; (9881BC) Conduct Reconnaissance into the Future: How Chinese Entrepreneurs Anticipate the Future of Their Business; (9882BC) Outcycle the Competition: How Chinese Entrepreneurs Compete in Unpredictable Markets.
Introduction Author(s): Utterback, James M. Publication Date: 03/23/1994 Product Type: HBS Press Chapter HBS Number: 2436BC Subjects: Change management; Competition; Industry analysis; Innovation; Strategic planning; Technological change; Uncertainty Academic Discipline: Competitive strategy Product Description: Today, when competitiveness hinges on the ability to develop or adapt new technologies, understanding the dynamics of innovation and change is essential for survival and success. This chapter introduces a framework for thinking about issues of technology, innovation, and industrial change. May be used with: (2446BC) Innovation and Corporate Renewal; (2445BC) Innovation as a Game of Chutes and Ladders; (2444BC) The Creative Power of Technology in Process Innovation; (2443BC) Invasion of a Stable Business by Radical Innovation; (2442BC) Differences in Innovations for Assembled and Nonassembled Products; (2441BC) Innovation in Nonassembled Products; (2440BC) Innovation and Industrial Evolution; (2439BC) Product Innovation as a Creative Force; (2438BC) Dominant Designs and the Survival of Firms; (2437BC) The Dynamics of Innovation in Industry.
The Dynamics of Innovation in Industry Author(s): Utterback, James M. Publication Date: 03/23/1994 Product Type: HBS Press Chapter HBS Number: 2437BC Subjects: Business history; Change management; Competition; Industry analysis; Product development; Strategic planning; Technological change Academic Discipline: Competitive strategy Product Description: In this chapter, the author examines important moments of innovation in the history of the typewriter, extracting some common patterns in order to begin constructing a general model for implementing innovative strategies to ensure long-term success. May be used with: (2439BC) Product Innovation as a Creative Force; (2438BC) Dominant Designs and the Survival of Firms; (2436BC) Introduction: Mastering the Dynamics of Innovation; (2440BC) Innovation and Industrial Evolution; (2441BC) Innovation in Nonassembled Products; (2442BC) Differences in Innovations for Assembled and Nonassembled Products; (2443BC) Invasion of a Stable Business by Radical Innovation; (2444BC) The Creative Power of Technology in Process Innovation; (2445BC) Innovation as a Game of Chutes and Ladders; (2446BC) Innovation and Corporate Renewal.
Dominant Designs and the Survival of Firms Author(s): Utterback, James M. Publication Date: 03/23/1994 Product Type: HBS Press Chapter HBS Number: 2438BC Subjects: Change management; Competition; Industry structure; Product design; Product development; Strategic planning; Technological change Academic Discipline: Competitive strategy Product Description: This chapter focuses on dominant product design, and uses several examples from important modern industries to examine the conditions under which it occurs and how the emergence of a dominant design affects the pace of innovation and the structure of an industry. May be used with: (2440BC) Innovation and Industrial Evolution; (2441BC) Innovation in Nonassembled Products; (2442BC) Differences in Innovations for Assembled and Nonassembled Products; (2443BC) Invasion of a Stable Business by Radical Innovation; (2444BC) The Creative Power of Technology in Process Innovation; (2445BC) Innovation as a Game of Chutes and Ladders; (2446BC) Innovation and Corporate Renewal; (2439BC) Product Innovation as a Creative Force; (2437BC) The Dynamics of Innovation in Industry; (2436BC) Introduction: Mastering the Dynamics of Innovation.
Product Innovation as a Creative Force Author(s): Utterback, James M. Publication Date: 03/23/1994 Product Type: HBS Press Chapter HBS Number: 2439BC Industry Setting: Lighting & lamp Subjects: Business history; Change management; Competition; Innovation; Product design; Product development; Strategic planning; Technological change Academic Discipline: Competitive strategy Product Description: This chapter studies the development of the incandescent electric light and the early lighting industry from the perspective of product innovation, illustrating the successive waves of change that typically occur within an industry over time. May be used with: (2438BC) Dominant Designs and the Survival of Firms; (2437BC) The Dynamics of Innovation in Industry; (2436BC) Introduction: Mastering the Dynamics of Innovation; (2440BC) Innovation and Industrial Evolution; (2441BC) Innovation in Nonassembled Products; (2442BC) Differences in Innovations for Assembled and Nonassembled Products; (2443BC) Invasion of a Stable Business by Radical Innovation; (2444BC) The Creative Power of Technology in Process Innovation; (2445BC) Innovation as a Game of Chutes and Ladders; (2446BC) Innovation and Corporate Renewal.
Innovation and Industrial Evolution Author(s): Utterback, James M. Publication Date: 03/23/1994 Product Type: HBS Press Chapter HBS Number: 2440BC Subjects: Change management; Competition; Innovation; Organizational structure; Process improvement; Product development; Strategic planning; Technological change Academic Discipline: Competitive strategy Product Description: This chapter describes how change in organizational structure, and in product and process innovation, occurs in patterns that are observable across industries and sectors. May be used with: (2441BC) Innovation in Nonassembled Products; (2442BC) Differences in Innovations for Assembled and Nonassembled Products; (2443BC) Invasion of a Stable Business by Radical Innovation; (2444BC) The Creative Power of Technology in Process Innovation; (2445BC) Innovation as a Game of Chutes and Ladders; (2446BC) Innovation and Corporate Renewal; (2439BC) Product Innovation as a Creative Force; (2438BC) Dominant Designs and the Survival of Firms; (2437BC) The Dynamics of Innovation in Industry; (2436BC) Introduction: Mastering the Dynamics of Innovation.
Innovation in Nonassembled Products Author(s): Utterback, James M. Publication Date: 03/23/1994 Product Type: HBS Press Chapter HBS Number: 2441BC Industry Setting: Glass & glassware industry Subjects: Change management; Competition; Innovation; Process improvement; Product development; Strategic planning; Technological change Academic Discipline: Competitive strategy Product Description: This chapter extends the models of dominant design and the interrelationship between product and process innovation to nonassembled products, examining the case of the plate glass manufacturing industry. May be used with: (2439BC) Product Innovation as a Creative Force; (2438BC) Dominant Designs and the Survival of Firms; (2437BC) The Dynamics of Innovation in Industry; (2436BC) Introduction: Mastering the Dynamics of Innovation; (2440BC) Innovation and Industrial Evolution; (2442BC) Differences in Innovations for Assembled and Nonassembled Products; (2443BC) Invasion of a Stable Business by Radical Innovation; (2444BC) The Creative Power of Technology in Process Innovation; (2445BC) Innovation as a Game of Chutes and Ladders; (2446BC) Innovation and Corporate Renewal.
Differences in Innovations for Assembled and Nonassembled Products Author(s): Utterback, James M. Publication Date: 03/23/1994 Product Type: HBS Press Chapter HBS Number: 2442BC Subjects: Change management; Competition; Innovation; Product development; Strategic planning; Technological change Academic Discipline: Competitive strategy Product Description: This chapter shows how patterns of innovation are similar and how they differ for assembled and nonassembled products. May be used with: (2440BC) Innovation and Industrial Evolution; (2441BC) Innovation in Nonassembled Products; (2443BC) Invasion of a Stable Business by Radical Innovation; (2444BC) The Creative Power of Technology in Process Innovation; (2445BC) Innovation as a Game of Chutes and Ladders; (2446BC) Innovation and Corporate Renewal; (2439BC) Product Innovation as a Creative Force; (2438BC) Dominant Designs and the Survival of Firms; (2437BC) The Dynamics of Innovation in Industry; (2436BC) Introduction: Mastering the Dynamics of Innovation.
Invasion of a Stable Business by Radical Innovation Author(s): Utterback, James M. Publication Date: 03/23/1994 Product Type: HBS Press Chapter HBS Number: 2443BC Subjects: Change management; Competition; Innovation; Product development; Product evolution; Strategic planning; Technological change Academic Discipline: Competitive strategy Product Description: This chapter examines the case of the natural ice industry to illustrate how waves of innovation, or discontinuities, precipitate radical change in seemingly stable industries. May be used with: (2439BC) Product Innovation as a Creative Force; (2438BC) Dominant Designs and the Survival of Firms; (2437BC) The Dynamics of Innovation in Industry; (2436BC) Introduction: Mastering the Dynamics of Innovation; (2440BC) Innovation and Industrial Evolution; (2441BC) Innovation in Nonassembled Products; (2442BC) Differences in Innovations for Assembled and Nonassembled Products; (2444BC) The Creative Power of Technology in Process Innovation; (2445BC) Innovation as a Game of Chutes and Ladders; (2446BC) Innovation and Corporate Renewal.
The Creative Power of Technology in Process Innovation Author(s): Utterback, James M. Publication Date: 03/23/1994 Product Type: HBS Press Chapter HBS Number: 2444BC Industry Setting: Photographic equipment & supplies Subjects: Change management; Competition; Creativity; Innovation; Process improvement; Product development; Technological change Academic Discipline: Competitive strategy Product Description: This chapter focuses on the chemical-based photography industry where both product and process technology were key factors in eventual success in its discussion of the power of innovation in the creation of an industry and a growing market. May be used with: (2440BC) Innovation and Industrial Evolution; (2441BC) Innovation in Nonassembled Products; (2442BC) Differences in Innovations for Assembled and Nonassembled Products; (2443BC) Invasion of a Stable Business by Radical Innovation; (2445BC) Innovation as a Game of Chutes and Ladders; (2446BC) Innovation and Corporate Renewal; (2439BC) Product Innovation as a Creative Force; (2438BC) Dominant Designs and the Survival of Firms; (2437BC) The Dynamics of Innovation in Industry; (2436BC) Introduction: Mastering the Dynamics of Innovation.
Innovation as a Game of Chutes and Ladders Author(s): Utterback, James M. Publication Date: 03/23/1994 Product Type: HBS Press Chapter HBS Number: 2445BC Subjects: Change management; Competition; Innovation; Organizational behavior; Process improvement; Product development; Strategic planning; Technological change Academic Discipline: Competitive strategy Product Description: This chapter draws together some earlier lessons and academic research to consider the relationship between the behaviors and strategies of firms with respect to technological innovation and long-term survival. May be used with: (2439BC) Product Innovation as a Creative Force; (2438BC) Dominant Designs and the Survival of Firms; (2437BC) The Dynamics of Innovation in Industry; (2436BC) Introduction: Mastering the Dynamics of Innovation; (2440BC) Innovation and Industrial Evolution; (2441BC) Innovation in Nonassembled Products; (2442BC) Differences in Innovations for Assembled and Nonassembled Products; (2443BC) Invasion of a Stable Business by Radical Innovation; (2444BC) The Creative Power of Technology in Process Innovation; (2446BC) Innovation and Corporate Renewal.
Innovation and Corporate Renewal Author(s): Utterback, James M. Publication Date: 03/23/1994 Product Type: HBS Press Chapter HBS Number: 2446BC Subjects: Change management; Competitive advantage; Innovation; Process improvement; Product development; Strategic planning; Technological change Academic Discipline: Competitive strategy Product Description: This chapter addresses the perennial management issue of how corporations can renew their technology, products, and processes as a basis for continued competitive vitality. May be used with: (2436BC) Introduction: Mastering the Dynamics of Innovation; (2437BC) The Dynamics of Innovation in Industry; (2438BC) Dominant Designs and the Survival of Firms; (2439BC) Product Innovation as a Creative Force; (2440BC) Innovation and Industrial Evolution; (2441BC) Innovation in Nonassembled Products; (2442BC) Differences in Innovations for Assembled and Nonassembled Products; (2443BC) Invasion of a Stable Business by Radical Innovation; (2444BC) The Creative Power of Technology in Process Innovation; (2445BC) Innovation as a Game of Chutes and Ladders.
Introduction: Mastering the Merger Author(s): Harding, David; Rovit, Sam Publication Date: 08/24/2004 Product Type: HBS Press Chapter HBS Number: 2367BC Subjects: Acquisitions; Discipline; Mergers & Acquisitions Academic Discipline: Competitive strategy Product Description: There is a right way and a wrong way to go about managing the deal-making process. The authors assert that it is possible to master the merger by responding effectively to four critical questions. This chapter introduces those questions and lays out the intent and structure of the book. May be used with: (2368BC) Four Critical Decisions That Make or Break the Deal: Mastering the Merger; (2369BC) How Should You Pick Your Targets?: Mastering the Merger; (2370BC) Which Deals Should You Choose?: Mastering the Merger; (2371BC) Where Do You Really Need to Integrate?: Mastering the Merger; (2372BC) What Should You Do When the Deal Goes Off Track?: Mastering the Merger; (2373BC) Organizing for Decision Discipline: Mastering the Merger; (2374BC) Appendix: The Empirical Evidence: Mastering the Merger.
Four Critical Decisions That Make or Break the Deal: Mastering the Merger Author(s): Harding, David; Rovit, Sam Publication Date: 08/24/2004 Product Type: HBS Press Chapter HBS Number: 2368BC Industry Setting: Food industry Subjects: Acquisitions; Discipline; Integration planning; Mergers & Acquisitions Academic Discipline: Competitive strategy Product Description: Ultimately, the success or failure of a merger grows out of the decisions made by executives at critical junctures throughout the transaction. Using the case of Kellogg, this chapter illustrates that the better people are at handling the four imperatives of a business combination, the more successful the merger is likely to be. May be used with: (2367BC) Introduction: Mastering the Merger; (2369BC) How Should You Pick Your Targets?: Mastering the Merger; (2370BC) Which Deals Should You Choose?: Mastering the Merger; (2371BC) Where Do You Really Need to Integrate?: Mastering the Merger; (2372BC) What Should You Do When the Deal Goes Off Track?: Mastering the Merger; (2373BC) Organizing for Decision Discipline: Mastering the Merger; (2374BC) Appendix: The Empirical Evidence: Mastering the Merger.
How Should You Pick Your Targets? Mastering the Merger Author(s): Harding, David; Rovit, Sam Publication Date: 08/24/2004 Product Type: HBS Press Chapter HBS Number: 2369BC Industry Setting: Broadcasting industry Subjects: Acquisitions; Mergers & Acquisitions; Strategy Academic Discipline: Competitive strategy Product Description: Determining what you want to buy should be deeply rooted in understanding your current business: selecting your targets is all about reinforcing your core. This chapter focuses on the first of the four key deal-making decisions: the all-important process of picking your targets. May be used with: (2367BC) Introduction: Mastering the Merger; (2368BC) Four Critical Decisions That Make or Break the Deal: Mastering the Merger; (2370BC) Which Deals Should You Choose?: Mastering the Merger; (2371BC) Where Do You Really Need to Integrate?: Mastering the Merger; (2372BC) What Should You Do When the Deal Goes Off Track?: Mastering the Merger; (2373BC) Organizing for Decision Discipline: Mastering the Merger; (2374BC) Appendix: The Empirical Evidence: Mastering the Merger.
Which Deals Should You Close? Mastering the Merger Author(s): Harding, David; Rovit, Sam Publication Date: 08/24/2004 Product Type: HBS Press Chapter HBS Number: 2370BC Subjects: Acquisitions; Due diligence; Mergers & Acquisitions; Strategy Academic Discipline: Competitive strategy Product Description: Focusing on the second of the four critical deal-making decisions, this chapter asks the question: which deals should you close and how does due diligence help you make those choices? May be used with: (2367BC) Introduction: Mastering the Merger; (2368BC) Four Critical Decisions That Make or Break the Deal: Mastering the Merger; (2369BC) How Should You Pick Your Targets?: Mastering the Merger; (2371BC) Where Do You Really Need to Integrate?: Mastering the Merger; (2372BC) What Should You Do When the Deal Goes Off Track?: Mastering the Merger; (2373BC) Organizing for Decision Discipline: Mastering the Merger; (2374BC) Appendix: The Empirical Evidence: Mastering the Merger.
Where Do You Really Need to Integrate? Mastering the Merger Author(s): Harding, David; Rovit, Sam Publication Date: 08/24/2004 Product Type: HBS Press Chapter HBS Number: 2371BC Subjects: Acquisitions; Corporate culture; Integration planning; Mergers & Acquisitions Academic Discipline: Competitive strategy Product Description: While every integration, or bringing together of two companies in productive ways, is different, a number of guiding principles apply across most integration efforts. These principles revolve around the central question of this chapter: Where do you really need to integrate operations as opposed to letting each entity carry on separately? May be used with: (2367BC) Introduction: Mastering the Merger; (2368BC) Four Critical Decisions That Make or Break the Deal: Mastering the Merger; (2369BC) How Should You Pick Your Targets?: Mastering the Merger; (2370BC) Which Deals Should You Choose?: Mastering the Merger; (2372BC) What Should You Do When the Deal Goes Off Track?: Mastering the Merger; (2373BC) Organizing for Decision Discipline: Mastering the Merger; (2374BC) Appendix: The Empirical Evidence: Mastering the Merger.
What Should You Do When the Deal Goes Off Track? Mastering the Merger Author(s): Harding, David; Rovit, Sam Publication Date: 08/24/2004 Product Type: HBS Press Chapter HBS Number: 2372BC Subjects: Acquisitions; Mergers & Acquisitions; Strategy; Transformations Academic Discipline: Competitive strategy Product Description: No deal ever works out exactly as planned, so you have to be prepared to make the decision to intervene early and decisively when the unexpected occurs. This chapter focuses on what you should do when the deal veers off track after closing. May be used with: (2367BC) Introduction: Mastering the Merger; (2368BC) Four Critical Decisions That Make or Break the Deal: Mastering the Merger; (2369BC) How Should You Pick Your Targets?: Mastering the Merger; (2370BC) Which Deals Should You Choose?: Mastering the Merger; (2371BC) Where Do You Really Need to Integrate?: Mastering the Merger; (2373BC) Organizing for Decision Discipline: Mastering the Merger; (2374BC) Appendix: The Empirical Evidence: Mastering the Merger.
Organizing for Decision Discipline: Mastering the Merger Author(s): Harding, David; Rovit, Sam Publication Date: 08/24/2004 Product Type: HBS Press Chapter HBS Number: 2373BC Industry Setting: Food industry Subjects: Acquisitions; Discipline; Mergers & Acquisitions Academic Discipline: Competitive strategy Product Description: Unfortunately, one great deal rarely serves as a foundation for sustained shareholder value. To be great, you need to be able to repeat your deal-making success over and over again. This chapter discusses what it takes to institutionalize success. May be used with: (2367BC) Introduction: Mastering the Merger; (2368BC) Four Critical Decisions That Make or Break the Deal: Mastering the Merger; (2369BC) How Should You Pick Your Targets?: Mastering the Merger; (2370BC) Which Deals Should You Choose?: Mastering the Merger; (2371BC) Where Do You Really Need to Integrate?: Mastering the Merger; (2372BC) What Should You Do When the Deal Goes Off Track?: Mastering the Merger; (2374BC) Appendix: The Empirical Evidence: Mastering the Merger.
Appendix: Mastering the Merger Author(s): Harding, David; Rovit, Sam Publication Date: 08/24/2004 Product Type: HBS Press Chapter HBS Number: 2374BC Subjects: Acquisitions; Discipline; Mergers & Acquisitions; Strategy Academic Discipline: Competitive strategy Product Description: This chapter describes the findings of three studies conducted by Bain and Company, Inc. designed to tease out the things that distinguish companies that make good deals from those that make poor deals. May be used with: (2367BC) Introduction: Mastering the Merger; (2368BC) Four Critical Decisions That Make or Break the Deal: Mastering the Merger; (2369BC) How Should You Pick Your Targets?: Mastering the Merger; (2370BC) Which Deals Should You Choose?: Mastering the Merger; (2371BC) Where Do You Really Need to Integrate?: Mastering the Merger; (2372BC) What Should You Do When the Deal Goes Off Track?: Mastering the Merger; (2373BC) Organizing for Decision Discipline: Mastering the Merger.
Why Business Models Need to Open Up Author(s): Chesbrough, Henry Publication Date: 12/06/2006 Product Type: HBS Press Chapter HBS Number: 2207BC Industry Setting: Chemicals; Entertainment industry; Pharmaceutical industry Subjects: Business models; Ideas; Innovation; Intellectual property; Knowledge management; Knowledge transfer; Technology; Value creation Academic Discipline: Competitive strategy Product Description: In this chapter, the author describes the concept of open business models and why open innovation makes so much economic sense, examining how markets for ideas are driving innovation in the chemicals industry, the pharmaceutical industry, and the entertainment industry. May be used with: (2210BC) The Path to Open Innovation; (2213BC) The New Environment for Business Models; (2214BC) The Impact of a Stronger IP on the Business Model; (2215BC) A Framework for Advancing Your Business Model; (2218BC) Innovation Intermediaries: Enabling Open Innovation; (2219BC) IP-Enabled Business Models; (2220BC) Getting From Here to There: Opening Up Your Business Model.
The Path to Open Innovation Author(s): Chesbrough, Henry Publication Date: 12/06/2006 Product Type: HBS Press Chapter HBS Number: 2210BC Industry Setting: Software industry Subjects: Business models; Ideas; Innovation; Intellectual property; Knowledge management; Knowledge transfer; Risk management; Technology Academic Discipline: Competitive strategy Product Description: There are significant barriers and costs that an open business model is likely to encounter in most organizations. This chapter discusses the path that companies must walk to open up their innovation processes, using examples of companies that have faced these challenges and strengthened their businesses on the way to open innovation. May be used with: (2207BC) Why Business Models Need to Open Up; (2213BC) The New Environment for Business Models; (2214BC) The Impact of a Stronger IP on the Business Model; (2215BC) A Framework for Advancing Your Business Model; (2218BC) Innovation Intermediaries: Enabling Open Innovation; (2219BC) IP-Enabled Business Models; (2220BC) Getting From Here to There: Opening Up Your Business Model.
The New Environment for Business Models Author(s): Chesbrough, Henry Publication Date: 12/06/2006 Product Type: HBS Press Chapter HBS Number: 2213BC Industry Setting: Computer industry; Semiconductor industry Subjects: Business models; Ideas; Innovation; Intellectual property; Knowledge transfer; Patents; Technology; Value chains Academic Discipline: Competitive strategy Product Description: A new class of innovation markets is emerging, creating the beginnings of a secondary market for innovations and associated intellectual property. This chapter explores the rapidly changing world surrounding companies in knowledge-intensive industries, and the new challenges and new opportunities for managing innovation that have arisen. May be used with: (2207BC) Why Business Models Need to Open Up; (2214BC) The Impact of a Stronger IP on the Business Model; (2215BC) A Framework for Advancing Your Business Model; (2218BC) Innovation Intermediaries: Enabling Open Innovation; (2219BC) IP-Enabled Business Models; (2220BC) Getting From Here to There: Opening Up Your Business Model; (2210BC) The Path to Open Innovation.
The Impact of Stronger IP on the Business Model Author(s): Chesbrough, Henry Publication Date: 12/06/2006 Product Type: HBS Press Chapter HBS Number: 2214BC Geographic Setting: China Industry Setting: Software industry Subjects: Business models; Ideas; Innovation; Intellectual property; Knowledge transfer; Patents; Technology; Value chains Academic Discipline: Competitive strategy Product Description: This chapter discusses how to link your IP protection to your business model. It also explores how to leverage your under-utilized IP coverage to either enter new markets or obtain revenues from others in those markets. May be used with: (2210BC) The Path to Open Innovation; (2213BC) The New Environment for Business Models; (2215BC) A Framework for Advancing Your Business Model; (2218BC) Innovation Intermediaries: Enabling Open Innovation; (2219BC) IP-Enabled Business Models; (2220BC) Getting From Here to There: Opening Up Your Business Model; (2207BC) Why Business Models Need to Open Up.
A Framework for Advancing Your Business Model Author(s): Chesbrough, Henry Publication Date: 12/06/2006 Product Type: HBS Press Chapter HBS Number: 2215BC Subjects: Business models; Ideas; Innovation; Intellectual property; Knowledge transfer; Technology; Value creation Academic Discipline: Competitive strategy Product Description: Business models are essential for converting ideas and technologies into economic value. However, business models are not all the same, nor do they all make the most of the opportunities offered by open innovation. This chapter lays out a systematic framework for evaluating and then improving your business model. May be used with: (2207BC) Why Business Models Need to Open Up; (2213BC) The New Environment for Business Models; (2214BC) The Impact of a Stronger IP on the Business Model; (2218BC) Innovation Intermediaries: Enabling Open Innovation; (2219BC) IP-Enabled Business Models; (2220BC) Getting From Here to There: Opening Up Your Business Model; (2210BC) The Path to Open Innovation.
Innovation Intermediaries: Enabling Open Innovation Author(s): Chesbrough, Henry Publication Date: 12/06/2006 Product Type: HBS Press Chapter HBS Number: 2218BC Subjects: Business models; Ideas; Innovation; Intellectual property; Knowledge transfer; Technology; Value creation Academic Discipline: Competitive strategy Product Description: This chapter discusses the rise of innovation intermediaries, or firms that help companies of many different sizes participate in the emerging secondary markets for innovation and IP and craft more open business models. May be used with: (2207BC) Why Business Models Need to Open Up; (2210BC) The Path to Open Innovation; (2213BC) The New Environment for Business Models; (2214BC) The Impact of a Stronger IP on the Business Model; (2215BC) A Framework for Advancing Your Business Model; (2219BC) IP-Enabled Business Models; (2220BC) Getting From Here to There: Opening Up Your Business Model.
IP-Enabled Business Models Author(s): Chesbrough, Henry Publication Date: 12/06/2006 Product Type: HBS Press Chapter HBS Number: 2219BC Industry Setting: Higher education; Telecommunications industry Subjects: Business models; Competitive advantage; Ideas; Innovation; Intellectual property; Knowledge transfer; Technology; Value creation Academic Discipline: Competitive strategy Product Description: This chapter profiles a number of firms that have built open business models around secondary markets and are driving these emerging markets. While there are many differences between the examined firms, what connects them is the ability to create, own, market, and sell IP to other firms. May be used with: (2207BC) Why Business Models Need to Open Up; (2210BC) The Path to Open Innovation; (2213BC) The New Environment for Business Models; (2214BC) The Impact of a Stronger IP on the Business Model; (2215BC) A Framework for Advancing Your Business Model; (2218BC) Innovation Intermediaries: Enabling Open Innovation; (2220BC) Getting From Here to There: Opening Up Your Business Model.
Getting From Here to There: Opening Up Your Business Model Author(s): Chesbrough, Henry Publication Date: 12/06/2006 Product Type: HBS Press Chapter HBS Number: 2220BC Industry Setting: Chemical industry; Computer industry; Consumer products Subjects: Business models; Competitive advantage; Ideas; Innovation; Intellectual property; Knowledge transfer; Technology; Value creation Academic Discipline: Competitive strategy Product Description: This chapter recounts the experiences of three very different organizations and how they managed to make significant changes that opened up their business models. These companies help point the way for others who wish to follow. May be used with: (2207BC) Why Business Models Need to Open Up; (2210BC) The Path to Open Innovation; (2213BC) The New Environment for Business Models; (2214BC) The Impact of a Stronger IP on the Business Model; (2215BC) A Framework for Advancing Your Business Model; (2218BC) Innovation Intermediaries: Enabling Open Innovation; (2219BC) IP-Enabled Business Models.
Competing Across Locations: Enhancing Competitive Advantage Through a Global Strategy Author(s): Porter, Michael E. Publication Date: 06/07/1999 Product Type: HBS Press Chapter HBS Number: 2026 Subjects: Competition; Competitive advantage; Innovation; Location of industry; Sourcing; Strategic market planning; Strategy formulation; Suppliers Academic Discipline: Competitive strategy Product Description: This chapter from Michael Porter's On Competition aims to take global strategy thinking to the next level. In it, Porter brings together the two dimensions of international strategy location and global networks. Open global markets, rapid transportation, and high-speed communications should allow any company to source any thing from any place at any time. But in practice, location remains central to competition. Global strategy taps the innovation advantages of locating headquarters or home base activities in cluster locations while spreading other activities to other locations to source low-cost inputs and gain access to foreign markets. Includes bibliography.
Clusters and Competition: New Agendas for Companies, Governments, and Institutions Author(s): Porter, Michael E. Publication Date: 06/07/1999 Product Type: HBS Press Chapter HBS Number: 2034 Subjects: Business government relations; Competition; Competitive advantage; Economic development; Innovation; Location of industry; Sourcing; Strategic market planning; Suppliers Academic Discipline: Competitive strategy Product Description: Today's economic map of the world is characterized by what Michael Porter calls clusters: geographic concentrations of firms, suppliers, related industries, and specialized institutions that occur in a particular field in a nation, state, or city. This chapter from Porter's book On Competition explores this essential ingredient of economic development and how it can foster new roles for business, government, and institutions as well as new ways to structure relationships among them. This chapter formed the basis of Michael Porter's Harvard Business Review article Clusters and the New Economics of Competition (November/December 1998). Includes bibliography.
Desperately Seeking Growth Author(s): Zook, Chris; Allen, James Publication Date: 02/01/2001 Product Type: HBS Press Chapter HBS Number: 1638BC Subjects: Competitive decision making; Core competencies; Growth; Growth strategy; Profitability Academic Discipline: Competitive strategy Product Description: The most important issue faced by management teams is how to grow their companies. Given ever-increasing competition, some strategists propose discarding core businesses to exploit new territory. This chapter argues that, on the contrary, the key to unlocking hidden sources of growth and profits is to renew focus on the core business, here defined as the set of products, capabilities, customers, channels, and geographies that define the essence of what the company is and how it aspires to grow its revenues sustainably and profitably. Several short case studies support the thesis. May be used with: (1639BC) The Profitable Core (What Are the Key Requirements?); (1641BC) The Redefinition Dilemma (How to Determine Whether Redefining the Core is the Right Course); (1642BC) Growing from the Core; (1640BC) The Alexander Problem (Successfully Growing by Developing Adjacent Businesses).
The Profitable Core: What are the Key Elements? Author(s): Zook, Chris; Allen, James Publication Date: 02/01/2001 Product Type: HBS Press Chapter HBS Number: 1639BC Subjects: Core competencies; Diversification; Growth; Profitability; Valuation; Value creation Academic Discipline: Competitive strategy Product Description: Most companies demonstrating sustained growth have a few, highly focused, core businesses. Conversely, diversification is often associated with lower average valuations than are typical of companies with focused cores. This chapter summarizes the key requirements for building a strong core as the foundation for growth strategy, provides tools for doing so, and points out the most common sources of failure in the detailed case examples. May be used with: (1638BC) Desperately Seeking Growth; (1640BC) The Alexander Problem (Successfully Growing by Developing Adjacent Businesses); (1641BC) The Redefinition Dilemma (How to Determine Whether Redefining the Core is the Right Course); (1642BC) Growing from the Core.
The Alexander Problem: Successfully Growing by Developing Adjacent Businesses Author(s): Zook, Chris; Allen, James Publication Date: 02/01/2001 Product Type: HBS Press Chapter HBS Number: 1640BC Subjects: Adjacency expansion; Business adjacencies; Core competencies; Diversification; Growth; Profitability Academic Discipline: Competitive strategy Product Description: The second element of a sustainable growth strategy is adjacency expansion from the core. This chapter discusses identifying adjacent business opportunities, assessing the right adjacencies, and avoiding some common pitfalls of adjacency expansion. Numerous case studies illustrate the discussion. May be used with: (1638BC) Desperately Seeking Growth; (1639BC) The Profitable Core (What Are the Key Requirements?); (1641BC) The Redefinition Dilemma (How to Determine Whether Redefining the Core is the Right Course); (1642BC) Growing from the Core.
The Redefinition Dilemma: How to Determine Whether Redefining the Core is the Right Course Author(s): Zook, Chris; Allen, James Publication Date: 02/01/2001 Product Type: HBS Press Chapter HBS Number: 1641BC Subjects: Business models; Core competencies; Growth; Industry turbulence; Profitability Academic Discipline: Competitive strategy Product Description: Sometimes the core encounters turbulence as technology changes or customer needs shift or a new business model abruptly grabs market share. Succeeding in a major redefinition of the core business is rare, but it can be accomplished. This chapter introduces litmus tests for determining when redefinition may be in order, provides detailed case examples to illustrate the scenarios, and cites key implementation lessons. May be used with: (1638BC) Desperately Seeking Growth; (1639BC) The Profitable Core (What Are the Key Requirements?); (1640BC) The Alexander Problem (Successfully Growing by Developing Adjacent Businesses); (1642BC) Growing from the Core.
Growing from the Core Author(s): Zook, Chris; Allen, James Publication Date: 02/01/2001 Product Type: HBS Press Chapter HBS Number: 1642BC Subjects: Core competencies; Growth; Market evolution; Profitability; Value creation Academic Discipline: Competitive strategy Product Description: Summarizes the opportunities and risks of seeking to grow the core in a turbulent business environment. It concludes with ten key questions that managers should ask about their companies as they embark on growth initiatives. May be used with: (1638BC) Desperately Seeking Growth; (1639BC) The Profitable Core (What Are the Key Requirements?); (1640BC) The Alexander Problem (Successfully Growing by Developing Adjacent Businesses); (1641BC) The Redefinition Dilemma (How to Determine Whether Redefining the Core is the Right Course).
Introduction: Redefining Global Strategy Author(s): Ghemawat, Pankaj Publication Date: 09/27/2007 Product Type: HBS Press Chapter HBS Number: 2617BC Geographic Setting: Global Subjects: Competitive environment; Corporate strategy; Country analysis; Cross cultural relations; Globalization; International business Academic Discipline: Competitive strategy Product Description: This chapter outlines an approach to global strategy that focuses on the differences across countries, and describes the book's central goal: to help businesses cross borders profitably by seeing the world as it really is, rather than in idealized terms. May be used with: (2626BC) Toward a Better Future: Getting Started: Devising Better Strategies for Global Value Creation; (2625BC) Playing the Differences: The AAA Triangle: Integrated Strategies for Global Value Creation; (2624BC) Arbitrage: Exploiting Differences: Strategies for Global Value Creation; (2622BC) Aggregation: Overcoming Differences: Strategies for Global Value Creation; (2621BC) Adaptation: Adjusting to Differences: Strategies for Global Value Creation; (2620BC) Global Value Creation: The ADDING Value Scorecard; (2619BC) Differences Across Countries; (2618BC) Semiglobalization and Strategy.
Semiglobalization and Strategy Author(s): Ghemawat, Pankaj Publication Date: 09/27/2007 Product Type: HBS Press Chapter HBS Number: 2618BC Geographic Setting: Global Subjects: Competitive advantage; Competitive environment; Corporate strategy; Country analysis; Cross cultural relations; Globalization; International business; Strategy formulation Academic Discipline: Competitive strategy Product Description: This chapter summarizes evidence that the current state of the world is one of semiglobalization increasingly, but far from completely, integrated and explains why understanding this is essential for developing cross-border strategies. May be used with: (2626BC) Toward a Better Future: Getting Started: Devising Better Strategies for Global Value Creation; (2625BC) Playing the Differences: The AAA Triangle: Integrated Strategies for Global Value Creation; (2624BC) Arbitrage: Exploiting Differences: Strategies for Global Value Creation; (2622BC) Aggregation: Overcoming Differences: Strategies for Global Value Creation; (2621BC) Adaptation: Adjusting to Differences: Strategies for Global Value Creation; (2620BC) Global Value Creation: The ADDING Value Scorecard; (2619BC) Differences Across Countries; (2617BC) Introduction: Redefining Global Strategy.
Differences Across Countries: The CAGE Distance Framework Author(s): Ghemawat, Pankaj Publication Date: 09/27/2007 Product Type: HBS Press Chapter HBS Number: 2619BC Geographic Setting: Global Subjects: Competitive advantage; Competitive environment; Corporate strategy; Country analysis; Cross cultural relations; Globalization; International business; Strategy formulation Academic Discipline: Competitive strategy Product Description: This chapter enumerates the reasons that borders still matter and classifies them in terms of the cultural, administrative, geographic, and economic distances between countries. May be used with: (2626BC) Toward a Better Future: Getting Started: Devising Better Strategies for Global Value Creation; (2625BC) Playing the Differences: The AAA Triangle: Integrated Strategies for Global Value Creation; (2624BC) Arbitrage: Exploiting Differences: Strategies for Global Value Creation; (2622BC) Aggregation: Overcoming Differences: Strategies for Global Value Creation; (2621BC) Adaptation: Adjusting to Differences: Strategies for Global Value Creation; (2620BC) Global Value Creation: The ADDING Value Scorecard; (2618BC) Semiglobalization and Strategy; (2617BC) Introduction: Redefining Global Strategy.
Global Value Creation: The ADDING Value Scorecard Author(s): Ghemawat, Pankaj Publication Date: 09/27/2007 Product Type: HBS Press Chapter HBS Number: 2620BC Geographic Setting: Global Subjects: Competitive advantage; Corporate strategy; Country analysis; Cross cultural relations; Globalization; International business; Strategy formulation; Value creation Academic Discipline: Competitive strategy Product Description: This chapter discusses why firms should globalize in a world in which distance still matters, presenting a scorecard for tracking value creation that includes but goes beyond the familiar components of size and economies of size. May be used with: (2626BC) Toward a Better Future: Getting Started: Devising Better Strategies for Global Value Creation; (2625BC) Playing the Differences: The AAA Triangle: Integrated Strategies for Global Value Creation; (2624BC) Arbitrage: Exploiting Differences: Strategies for Global Value Creation; (2622BC) Aggregation: Overcoming Differences: Strategies for Global Value Creation; (2621BC) Adaptation: Adjusting to Differences: Strategies for Global Value Creation; (2619BC) Differences Across Countries; (2618BC) Semiglobalization and Strategy; (2617BC) Introduction: Redefining Global Strategy.
Adaptation: Adjusting to Differences: Strategies for Global Value Creation Author(s): Ghemawat, Pankaj Publication Date: 09/27/2007 Product Type: HBS Press Chapter HBS Number: 2621BC Geographic Setting: Global Subjects: Adaptability; Competitive advantage; Corporate strategy; Country analysis; Cross cultural relations; Globalization; International business; Value creation Academic Discipline: Competitive strategy Product Description: This chapter focuses on adaptation strategies for adding value in the face of large cross-border differences, exploring in detail the strategies of the world's ten largest competitors in the major home appliance industry. May be used with: (2626BC) Toward a Better Future: Getting Started: Devising Better Strategies for Global Value Creation; (2625BC) Playing the Differences: The AAA Triangle: Integrated Strategies for Global Value Creation; (2624BC) Arbitrage: Exploiting Differences: Strategies for Global Value Creation; (2622BC) Aggregation: Overcoming Differences: Strategies for Global Value Creation; (2620BC) Global Value Creation: The ADDING Value Scorecard; (2619BC) Differences Across Countries; (2618BC) Semiglobalization and Strategy; (2617BC) Introduction: Redefining Global Strategy.
Aggregation: Overcoming Differences: Strategies for Global Value Creation Author(s): Ghemawat, Pankaj Publication Date: 09/27/2007 Product Type: HBS Press Chapter HBS Number: 2622BC Geographic Setting: Global Subjects: Aggregate planning; Competitive advantage; Corporate strategy; Country analysis; Cross cultural relations; Globalization; International business; Value creation Academic Discipline: Competitive strategy Product Description: This chapter focuses on aggregation strategies that overcome some differences among countries by using various grouping devices to create greater economies of scale than country-by-country adaptation can provide. May be used with: (2626BC) Toward a Better Future: Getting Started: Devising Better Strategies for Global Value Creation; (2625BC) Playing the Differences: The AAA Triangle: Integrated Strategies for Global Value Creation; (2624BC) Arbitrage: Exploiting Differences: Strategies for Global Value Creation; (2621BC) Adaptation: Adjusting to Differences: Strategies for Global Value Creation; (2620BC) Global Value Creation: The ADDING Value Scorecard; (2619BC) Differences Across Countries; (2618BC) Semiglobalization and Strategy; (2617BC) Introduction: Redefining Global Strategy.
Arbitrage: Exploiting Differences: Strategies for Global Value Creation Author(s): Ghemawat, Pankaj Publication Date: 09/27/2007 Product Type: HBS Press Chapter HBS Number: 2624BC Geographic Setting: Global Subjects: Arbitrage; Competitive advantage; Corporate strategy; Country analysis; Cross cultural relations; Globalization; International business; Value creation Academic Discipline: Competitive strategy Product Description: This chapter focuses on arbitrage strategies that exploit selected differences across countries instead of treating them all as constraints, examining economic and labor arbitrage in particular. May be used with: (2626BC) Toward a Better Future: Getting Started: Devising Better Strategies for Global Value Creation; (2625BC) Playing the Differences: The AAA Triangle: Integrated Strategies for Global Value Creation; (2622BC) Aggregation: Overcoming Differences: Strategies for Global Value Creation; (2621BC) Adaptation: Adjusting to Differences: Strategies for Global Value Creation; (2620BC) Global Value Creation: The ADDING Value Scorecard; (2619BC) Differences Across Countries; (2618BC) Semiglobalization and Strategy; (2617BC) Introduction: Redefining Global Strategy.
Playing the Differences: The AAA Triangle: Integrated Strategies for Global Value Creation Author(s): Ghemawat, Pankaj Publication Date: 09/27/2007 Product Type: HBS Press Chapter HBS Number: 2625BC Geographic Setting: Global Subjects: Competitive advantage; Corporate strategy; Country analysis; Cross cultural relations; Globalization; International business; Strategy formulation; Value creation Academic Discipline: Competitive strategy Product Description: This chapter examines the trade-offs among the AAA strategies adaptation, aggregation, arbitrage and the development of integrated strategies for playing the differences between countries. May be used with: (2626BC) Toward a Better Future: Getting Started: Devising Better Strategies for Global Value Creation; (2624BC) Arbitrage: Exploiting Differences: Strategies for Global Value Creation; (2622BC) Aggregation: Overcoming Differences: Strategies for Global Value Creation; (2621BC) Adaptation: Adjusting to Differences: Strategies for Global Value Creation; (2620BC) Global Value Creation: The ADDING Value Scorecard; (2619BC) Differences Across Countries; (2618BC) Semiglobalization and Strategy; (2617BC) Introduction: Redefining Global Strategy.
Toward a Better Future: Getting Started: Devising Better Strategies for Global Value Creation Author(s): Ghemawat, Pankaj Publication Date: 09/27/2007 Product Type: HBS Press Chapter HBS Number: 2626BC Geographic Setting: Global Subjects: Competitive advantage; Corporate strategy; Country analysis; Cross cultural relations; Globalization; International business; Strategy formulation; Value creation Academic Discipline: Competitive strategy Product Description: This chapter takes a look at forecasts for the future of globalization, suggesting several paths for improvement, and concludes with a five-step framework for getting started by doing a global strategy audit for your business or businesses. May be used with: (2617BC) Introduction: Redefining Global Strategy; (2618BC) Semiglobalization and Strategy; (2619BC) Differences Across Countries; (2620BC) Global Value Creation: The ADDING Value Scorecard; (2621BC) Adaptation: Adjusting to Differences: Strategies for Global Value Creation; (2622BC) Aggregation: Overcoming Differences: Strategies for Global Value Creation; (2624BC) Arbitrage: Exploiting Differences: Strategies for Global Value Creation; (2625BC) Playing the Differences: The AAA Triangle: Integrated Strategies for Global Value Creation.
Introduction:The Strategy Map as a Visual Representation of Organizational Strategy Author(s): Kaplan, Robert S.; Norton, David P. Publication Date: 12/16/2003 Product Type: HBS Press Chapter HBS Number: 1574BC Industry Setting: Banking industry; Nonprofit Subjects: Balanced scorecard; Long term planning; Organizational approach; Public sector; Strategy; Strategy maps Academic Discipline: Competitive strategy Product Description: An organization's strategy describes how it intends to create value for its shareholders, customers, and citizens. If an organization's intangible assets represent more than 75 percent of its value, then its strategy formulation and execution need to explicitly address the mobilization and alignment of intangible assets. Introduces the strategy map, derived from the four-perspective model of the Balanced Scorecard, as an indispensable visual tool for aligning intangible assets to strategy for sustainable value creation. Two case studies follow to demonstrate the use of strategy maps. May be used with: (1575BC) Strategy Maps; (1577BC) Operations Management Processes; (1578BC) Customer Management Processes; (1579BC) Innovation Processes; (1580BC) Regulatory and Social Processes; (1581BC) Aligning Intangible Assets to Enterprise Strategy; (1582BC) Human Capital Readiness; (1583BC) Information Capital Readiness; (1584BC) Organization Capital Readiness; (1585BC) Customizing Your Strategy Map to Your Strategy; (1586BC) Planning the Campaign; (1587BC) Private-Sector Organizations; (1588BC) Public-Sector Organizations; (1590BC) Nonprofit Organizations.
Strategy Maps Author(s): Kaplan, Robert S.; Norton, David P. Publication Date: 12/16/2003 Product Type: HBS Press Chapter HBS Number: 1575BC Industry Setting: Health care industry Subjects: Customer relations; Financial planning; Innovation; Intangible assets; Public sector; Value creation Academic Discipline: Competitive strategy Product Description: The Balanced Scorecard strategy map provides a framework to illustrate how strategy links intangible assets to value-creating processes. Building a strategy map forces an organization to clarify the logic of how it will create value and for whom. Describes the principles involved in building a strategy map. An illustrative case study is provided. May be used with: (1574BC) Introduction (The Strategy Map as a Visual Representation of Organizational Strategy); (1577BC) Operations Management Processes; (1578BC) Customer Management Processes; (1579BC) Innovation Processes; (1580BC) Regulatory and Social Processes; (1581BC) Aligning Intangible Assets to Enterprise Strategy; (1582BC) Human Capital Readiness; (1583BC) Information Capital Readiness; (1584BC) Organization Capital Readiness; (1585BC) Customizing Your Strategy Map to Your Strategy; (1586BC) Planning the Campaign; (1587BC) Private-Sector Organizations; (1588BC) Public-Sector Organizations; (1590BC) Nonprofit Organizations.
Operations Management Processes Author(s): Kaplan, Robert S.; Norton, David P. Publication Date: 12/16/2003 Product Type: HBS Press Chapter HBS Number: 1577BC Industry Setting: Petroleum industry Subjects: Customer relations; Operational effectiveness; Products; Quality control; Risk management; Services; Suppliers Academic Discipline: Competitive strategy Product Description: Operating processes produce and deliver goods and services to customers, and while operational excellence alone is not the basis of a sustainable strategy, managing operations remains a priority for all organizations. Without excellent operations, companies will find it difficult to execute strategies. Discusses important operations management processes, from developing and sustaining supplier relationships to managing risk. A case study is provided. May be used with: (1574BC) Introduction (The Strategy Map as a Visual Representation of Organizational Strategy); (1575BC) Strategy Maps; (1578BC) Customer Management Processes; (1579BC) Innovation Processes; (1580BC) Regulatory and Social Processes; (1581BC) Aligning Intangible Assets to Enterprise Strategy; (1582BC) Human Capital Readiness; (1583BC) Information Capital Readiness; (1584BC) Organization Capital Readiness; (1585BC) Customizing Your Strategy Map to Your Strategy; (1586BC) Planning the Campaign; (1587BC) Private-Sector Organizations; (1588BC) Public-Sector Organizations; (1590BC) Nonprofit Organizations.
Customer Management Processes Author(s): Kaplan, Robert S.; Norton, David P. Publication Date: 12/16/2003 Product Type: HBS Press Chapter HBS Number: 1578BC Industry Setting: Banking industry; Distributors; Engineering Subjects: Customer acquisition; Customer relations; Customer retention; Customers; Human capital; Information capital; Target markets Academic Discipline: Competitive strategy Product Description: Customer management reflects much of what's new in modern business strategy. Whereas innovation and operations management processes remain important to strategic success, the evolution of computer and communications technology has shifted the balance of power from producers to customers. Explores why understanding customers and the value proposition that attracts and retains them is fundamental to any strategy. A case study is included. May be used with: (1575BC) Strategy Maps; (1577BC) Operations Management Processes; (1579BC) Innovation Processes; (1580BC) Regulatory and Social Processes; (1581BC) Aligning Intangible Assets to Enterprise Strategy; (1582BC) Human Capital Readiness; (1583BC) Information Capital Readiness; (1584BC) Organization Capital Readiness; (1585BC) Customizing Your Strategy Map to Your Strategy; (1586BC) Planning the Campaign; (1587BC) Private-Sector Organizations; (1588BC) Public-Sector Organizations; (1590BC) Nonprofit Organizations; (1574BC) Introduction (The Strategy Map as a Visual Representation of Organizational Strategy).
Innovation Processes Author(s): Kaplan, Robert S.; Norton, David P. Publication Date: 12/16/2003 Product Type: HBS Press Chapter HBS Number: 1579BC Industry Setting: Advertising industry Subjects: Culture; Customer relations; Growth; Learning; Product development; R&D; Teamwork Academic Discipline: Competitive strategy Product Description: Sustaining competitive advantage requires that organizations continually innovate to create new products, services, and processes. Exceptional innovation capabilities determine industry leaders. Identifies high-level objectives and associated measures for four innovation processes, including identifying opportunities for new products and services, and bringing new products and services to market. A case study follows the chapter. May be used with: (1574BC) Introduction (The Strategy Map as a Visual Representation of Organizational Strategy); (1575BC) Strategy Maps; (1577BC) Operations Management Processes; (1578BC) Customer Management Processes; (1580BC) Regulatory and Social Processes; (1581BC) Aligning Intangible Assets to Enterprise Strategy; (1582BC) Human Capital Readiness; (1583BC) Information Capital Readiness; (1584BC) Organization Capital Readiness; (1585BC) Customizing Your Strategy Map to Your Strategy; (1586BC) Planning the Campaign; (1587BC) Private-Sector Organizations; (1588BC) Public-Sector Organizations; (1590BC) Nonprofit Organizations.
Regulatory and Social Processes Author(s): Kaplan, Robert S.; Norton, David P. Publication Date: 12/16/2003 Product Type: HBS Press Chapter HBS Number: 1580BC Industry Setting: Advertising industry; Fluid control, pump & seal industries Subjects: Employment; Energy; Environmental management; Health; Safety; Strategic alliances; Sustainable devlopment Academic Discipline: Competitive strategy Product Description: Many companies today recognize that achieving excellence in environmental, safety, health, employment, and community practices are part of long-term, value-creating strategies. Companies that excel in critical regulatory and social processes can enhance their reputation among customers and investors, and also help to attract and retain valuable employees who take pride in their companies. Provides examples of how companies manage and report their regulatory and social performance along several dimensions, including environmental performance and employee practices. May be used with: (1575BC) Strategy Maps; (1577BC) Operations Management Processes; (1578BC) Customer Management Processes; (1579BC) Innovation Processes; (1581BC) Aligning Intangible Assets to Enterprise Strategy; (1582BC) Human Capital Readiness; (1583BC) Information Capital Readiness; (1584BC) Organization Capital Readiness; (1585BC) Customizing Your Strategy Map to Your Strategy; (1586BC) Planning the Campaign; (1587BC) Private-Sector Organizations; (1588BC) Public-Sector Organizations; (1590BC) Nonprofit Organizations; (1574BC) Introduction (The Strategy Map as a Visual Representation of Organizational Strategy).
Aligning Intangible Assets to Enterprise Strategy Author(s): Kaplan, Robert S.; Norton, David P. Publication Date: 12/16/2003 Product Type: HBS Press Chapter HBS Number: 1581BC Industry Setting: Banking industry; Telecommunications industry Subjects: Alignment; Growth; Human capital; Information capital; Intangible assets; Integration; Learning; Organizational capital; Strategic planning Academic Discipline: Competitive strategy Product Description: The learning and growth perspective of the Balanced Scorecard highlights the role for aligning the organization's intangible assets to its strategy. The three components of intangible assets (human capital, information capital, and organization capital) must be aligned with the objectives for internal processes and integrated with each other. Describes how the strategy map and Balanced Scorecard enable organizations to describe intangible assets, align and integrate intangible assets to strategy, and measure intangible assets and their alignment. May be used with: (1574BC) Introduction (The Strategy Map as a Visual Representation of Organizational Strategy); (1575BC) Strategy Maps; (1577BC) Operations Management Processes; (1578BC) Customer Management Processes; (1579BC) Innovation Processes; (1580BC) Regulatory and Social Processes; (1582BC) Human Capital Readiness; (1583BC) Information Capital Readiness; (1584BC) Organization Capital Readiness; (1585BC) Customizing Your Strategy Map to Your Strategy; (1586BC) Planning the Campaign; (1587BC) Private-Sector Organizations; (1588BC) Public-Sector Organizations; (1590BC) Nonprofit Organizations.
Human Capital Readiness Author(s): Kaplan, Robert S.; Norton, David P. Publication Date: 12/16/2003 Product Type: HBS Press Chapter HBS Number: 1582BC Industry Setting: Banking industry; Chemical industry; Service industries Subjects: Core competencies; Human resources management; Job families; Strategic HR management Academic Discipline: Competitive strategy Product Description: How do organizations develop a measure of human capital (HC) readiness. This measure represents the availability of employee skills, talent, and know-how to perform the internal processes critical to the strategy's success. Introduces a framework that enables organizations to identify HC requirements for the strategy, estimate the gap between the HC requirements and current employee readiness, and build programs to close that gap. May be used with: (1574BC) Introduction (The Strategy Map as a Visual Representation of Organizational Strategy); (1575BC) Strategy Maps; (1577BC) Operations Management Processes; (1578BC) Customer Management Processes; (1579BC) Innovation Processes; (1580BC) Regulatory and Social Processes; (1581BC) Aligning Intangible Assets to Enterprise Strategy; (1583BC) Information Capital Readiness; (1584BC) Organization Capital Readiness; (1585BC) Customizing Your Strategy Map to Your Strategy; (1586BC) Planning the Campaign; (1587BC) Private-Sector Organizations; (1588BC) Public-Sector Organizations; (1590BC) Nonprofit Organizations.
Information Capital Readiness Author(s): Kaplan, Robert S.; Norton, David P. Publication Date: 12/16/2003 Product Type: HBS Press Chapter HBS Number: 1583BC Industry Setting: Asset management; Banking industry Subjects: Analytic applications; Information capital; Job families; Resource allocation; Technological infrastructure Academic Discipline: Competitive strategy Product Description: Information capital is the raw material for creating value in the new economy. Information capital, consisting of systems, databases, libraries, and networks, makes information and knowledge available to the organization. Focuses on evaluation of information capital based on strategic alignment, measuring how it contributes to the organization's strategic objectives. May be used with: (1574BC) Introduction (The Strategy Map as a Visual Representation of Organizational Strategy); (1575BC) Strategy Maps; (1577BC) Operations Management Processes; (1578BC) Customer Management Processes; (1579BC) Innovation Processes; (1580BC) Regulatory and Social Processes; (1581BC) Aligning Intangible Assets to Enterprise Strategy; (1582BC) Human Capital Readiness; (1584BC) Organization Capital Readiness; (1585BC) Customizing Your Strategy Map to Your Strategy; (1586BC) Planning the Campaign; (1587BC) Private-Sector Organizations; (1588BC) Public-Sector Organizations; (1590BC) Nonprofit Organizations.
Organization Capital Readiness Author(s): Kaplan, Robert S.; Norton, David P. Publication Date: 12/16/2003 Product Type: HBS Press Chapter HBS Number: 1584BC Industry Setting: Manufacturing industries Subjects: Accountability; Alignment; Communication channels; Culture; Leadership; Organizational capital; Strategic thinking; Teamwork Academic Discipline: Competitive strategy Product Description: To complement alignment of competencies and technologies, executives must also develop organization capital, defined as the ability of the organization to mobilize and sustain the process of change required to execute the strategy. Organization capital provides the capability for integration so that individual intangible human and information capital assets, as well as tangible physical and financial assets, are not only aligned to the strategy, but are integrated and working together to achieve the organization's strategic objectives. Provides a framework for describing and measuring organization capital. May be used with: (1574BC) Introduction (The Strategy Map as a Visual Representation of Organizational Strategy); (1575BC) Strategy Maps; (1577BC) Operations Management Processes; (1578BC) Customer Management Processes; (1579BC) Innovation Processes; (1580BC) Regulatory and Social Processes; (1581BC) Aligning Intangible Assets to Enterprise Strategy; (1582BC) Human Capital Readiness; (1583BC) Information Capital Readiness; (1585BC) Customizing Your Strategy Map to Your Strategy; (1586BC) Planning the Campaign; (1587BC) Private-Sector Organizations; (1588BC) Public-Sector Organizations; (1590BC) Nonprofit Organizations.
Customizing Your Strategy Map to Your Strategy Author(s): Kaplan, Robert S.; Norton, David P. Publication Date: 12/16/2003 Product Type: HBS Press Chapter HBS Number: 1585BC Geographic Setting: India Industry Setting: IT industry; Manufacturing industries; Office supplies industry Subjects: Cost control; Customer satisfaction; Intangible assets; Strategic positioning; Supply chains; Value innovations Academic Discipline: Competitive strategy Product Description: A well-constructed strategy map should show the interrelationships among the organization's internal processes and intangible assets that create sustainable competitive advantage. The value proposition in the customer perspective, the critical internal processes, and the intangible assets in the learning and growth perspective of a strategy map will be completely different for companies following different strategies. While every organization must adapt and customize its strategy map to its unique situation, the authors sketch templates for four generic strategies: low cost, product leadership, customer solutions, and system lock-in. May be used with: (1574BC) Introduction (The Strategy Map as a Visual Representation of Organizational Strategy); (1575BC) Strategy Maps; (1577BC) Operations Management Processes; (1578BC) Customer Management Processes; (1579BC) Innovation Processes; (1590BC) Nonprofit Organizations; (1580BC) Regulatory and Social Processes; (1581BC) Aligning Intangible Assets to Enterprise Strategy; (1582BC) Human Capital Readiness; (1583BC) Information Capital Readiness; (1584BC) Organization Capital Readiness; (1586BC) Planning the Campaign; (1587BC) Private-Sector Organizations; (1588BC) Public-Sector Organizations.
Planning the Campaign Author(s): Kaplan, Robert S.; Norton, David P. Publication Date: 12/16/2003 Product Type: HBS Press Chapter HBS Number: 1586BC Industry Setting: Government & regulatory; Military Subjects: Macroeconomics; Microeconomics; Strategic thinking; Strategy maps; Value creation Academic Discipline: Competitive strategy Product Description: The strategy map by itself is simply a static representation of strategy, identifying the outcomes and the drivers of value creation. Describes how adding three ingredients (quantity, define the time line, and select initiatives) transforms the strategy map into a dynamic management tool to guide the selection of strategic initiatives and programs for driving performance breakthroughs. May be used with: (1574BC) Introduction (The Strategy Map as a Visual Representation of Organizational Strategy); (1575BC) Strategy Maps; (1578BC) Customer Management Processes; (1579BC) Innovation Processes; (1580BC) Regulatory and Social Processes; (1581BC) Aligning Intangible Assets to Enterprise Strategy; (1582BC) Human Capital Readiness; (1583BC) Information Capital Readiness; (1584BC) Organization Capital Readiness; (1585BC) Customizing Your Strategy Map to Your Strategy; (1587BC) Private-Sector Organizations; (1588BC) Public-Sector Organizations; (1590BC) Nonprofit Organizations; (1577BC) Operations Management Processes.
Private-Sector Organizations Author(s): Kaplan, Robert S.; Norton, David P. Publication Date: 12/16/2003 Product Type: HBS Press Chapter HBS Number: 1587BC Geographic Setting: Sweden Industry Setting: Automotive industry; Insurance industry; Media Subjects: Convergence; Customer relations; Financial performance; Operational effectiveness; Performance Academic Discipline: Competitive strategy Product Description: Documents three case studies of strategy maps in private-sector companies Northwestern Mutual, Media General, and Volvofinans. These organizations use the strategy map to clarify strategy at the execution level; communicate strategy to employees; align business units, departments, functions, and initiatives; and focus management processes. May be used with: (1574BC) Introduction (The Strategy Map as a Visual Representation of Organizational Strategy); (1575BC) Strategy Maps; (1577BC) Operations Management Processes; (1578BC) Customer Management Processes; (1579BC) Innovation Processes; (1580BC) Regulatory and Social Processes; (1581BC) Aligning Intangible Assets to Enterprise Strategy; (1582BC) Human Capital Readiness; (1583BC) Information Capital Readiness; (1584BC) Organization Capital Readiness; (1585BC) Customizing Your Strategy Map to Your Strategy; (1586BC) Planning the Campaign; (1588BC) Public-Sector Organizations; (1590BC) Nonprofit Organizations.
Public-Sector Organizations Author(s): Kaplan, Robert S.; Norton, David P. Publication Date: 12/16/2003 Product Type: HBS Press Chapter HBS Number: 1588BC Geographic Setting: Canada; United Kingdom Industry Setting: Education industry; Government & regulatory Subjects: Alignment; Operational effectiveness; Performance appraisals; Stakeholders; Strategic processes Academic Discipline: Competitive strategy Product Description: Presents strategy maps for several public-sector organizations, including the Royal Canadian Mounted Police, the United Kingdom Ministry of Defense, and the Fulton County School Systems. These case studies provide examples of how to build a comprehensive, integrated visual representation of strategy, the first step to becoming a strategy-focused organization. May be used with: (1574BC) Introduction (The Strategy Map as a Visual Representation of Organizational Strategy); (1575BC) Strategy Maps; (1577BC) Operations Management Processes; (1578BC) Customer Management Processes; (1579BC) Innovation Processes; (1580BC) Regulatory and Social Processes; (1581BC) Aligning Intangible Assets to Enterprise Strategy; (1582BC) Human Capital Readiness; (1583BC) Information Capital Readiness; (1584BC) Organization Capital Readiness; (1585BC) Customizing Your Strategy Map to Your Strategy; (1586BC) Planning the Campaign; (1587BC) Private-Sector Organizations; (1590BC) Nonprofit Organizations.
Nonprofit Organizations Author(s): Kaplan, Robert S.; Norton, David P. Publication Date: 12/16/2003 Product Type: HBS Press Chapter HBS Number: 1590BC Industry Setting: Arts administration; Education industry; Nonprofit Subjects: Alignment; Community-based organizations; Nonfinancial performance; Nonprofits; Performance improvement methodologies; Social responsibility Academic Discipline: Competitive strategy Product Description: Nonprofit organizations strive to deliver mission outcomes, not superior financial performance. So even more than for-profit companies, these organizations need a comprehensive system of nonfinancial and financial measures to motivate and evaluate their performance. Examines the strategy maps of the Boston Lyric Opera and Teach for America. May be used with: (1574BC) Introduction (The Strategy Map as a Visual Representation of Organizational Strategy); (1575BC) Strategy Maps; (1577BC) Operations Management Processes; (1578BC) Customer Management Processes; (1579BC) Innovation Processes; (1580BC) Regulatory and Social Processes; (1581BC) Aligning Intangible Assets to Enterprise Strategy; (1582BC) Human Capital Readiness; (1583BC) Information Capital Readiness; (1584BC) Organization Capital Readiness; (1585BC) Customizing Your Strategy Map to Your Strategy; (1586BC) Planning the Campaign; (1587BC) Private-Sector Organizations; (1588BC) Public-Sector Organizations.
Measurement and Management in the Information Age Author(s): Kaplan, Robert S.; Norton, David P. Publication Date: 08/02/1996 Product Type: HBS Press Chapter HBS Number: 1652BC Subjects: Alignment; Balanced scorecard; Communication strategy; Feedback; Initiatives; Intangible assets; Integration; Market segmentation Academic Discipline: Competitive strategy Product Description: Today, organizations are competing in such complex environments that an accurate understanding of their goals and the methods for attaining those goals is vital. The Balanced Scorecard translates an organization's mission and strategy into a comprehensive set of performance measures that provide the framework for a strategic measurement and management system. Introduces the Balanced Scorecard, which enables companies to track financial results while simultaneously monitoring progress in building the capabilities and acquiring the intangible assets they need for future growth. May be used with: (1653BC) Why Does Business Need a Balanced Scorecard?; (1654BC) Financial Perspective; (1655BC) Customer Perspective; (1656BC) Internal-Business-Process Perspective; (1657BC) Learning and Growth Perspective; (1658BC) Linking the Balanced Scorecard Measures to Your Strategy; (1659BC) Structure and Strategy; (1661BC) Achieving Strategic Alignment: From Top to Bottom; (1662BC) Targets, Resource Allocation, Initiatives, and Budgets; (1663BC) Feedback and the Strategic Learning Process; (1664BC) Implementing a Balanced Scorecard Management Program; (1825BC) Appendix: Building a Balanced Scorecard.
Why Does Business Need a Balanced Scorecard? Author(s): Kaplan, Robert S.; Norton, David P. Publication Date: 08/02/1996 Product Type: HBS Press Chapter HBS Number: 1653BC Geographic Setting: Germany; Japan Subjects: Core competencies; Customer relations; Financial performance; Growth; Learning; Performance measurement systems Academic Discipline: Competitive strategy Product Description: An organization's measurement system strongly affects the behavior of people both inside and outside the organization. If companies are to survive and prosper in information age competition, they must use measurement and management systems derived from their strategies and capabilities. Illustrates why it is critically important that organizations move beyond traditional financial measures to embrace the Balanced Scorecard, which highlights a more general and integrated set of measurements that link current customer, internal process, employee, and system performance to long-term financial success. May be used with: (1652BC) Measurement and Management in the Information Age; (1654BC) Financial Perspective; (1655BC) Customer Perspective; (1656BC) Internal-Business-Process Perspective; (1657BC) Learning and Growth Perspective; (1658BC) Linking the Balanced Scorecard Measures to Your Strategy; (1659BC) Structure and Strategy; (1661BC) Achieving Strategic Alignment: From Top to Bottom; (1662BC) Targets, Resource Allocation, Initiatives, and Budgets; (1663BC) Feedback and the Strategic Learning Process; (1664BC) Implementing a Balanced Scorecard Management Program; (1825BC) Appendix: Building a Balanced Scorecard.
Financial Perspective Author(s): Kaplan, Robert S.; Norton, David P. Publication Date: 08/02/1996 Product Type: HBS Press Chapter HBS Number: 1654BC Subjects: Asset allocation; Cost control; Financial performance; Productivity; Revenue growth; Risk management Academic Discipline: Competitive strategy Product Description: Financial objectives represent the long-term goal of the organization: to provide superior returns based on the capital invested in the unit. Building a Balanced Scorecard should encourage business units to link their financial objectives to corporate strategy. Looks at the dual role financial objectives and measures must play, defining the financial performance expected from the strategy, and serving as the ultimate targets for the objectives and measures of all the other scorecard perspectives. May be used with: (1652BC) Measurement and Management in the Information Age; (1653BC) Why Does Business Need a Balanced Scorecard?; (1655BC) Customer Perspective; (1656BC) Internal-Business-Process Perspective; (1657BC) Learning and Growth Perspective; (1658BC) Linking the Balanced Scorecard Measures to Your Strategy; (1659BC) Structure and Strategy; (1661BC) Achieving Strategic Alignment: From Top to Bottom; (1662BC) Targets, Resource Allocation, Initiatives, and Budgets; (1663BC) Feedback and the Strategic Learning Process; (1664BC) Implementing a Balanced Scorecard Management Program; (1825BC) Appendix: Building a Balanced Scorecard.
Customer Perspective Author(s): Kaplan, Robert S.; Norton, David P. Publication Date: 08/02/1996 Product Type: HBS Press Chapter HBS Number: 1655BC Geographic Setting: United States Industry Setting: Banking industry; Petroleum industry; Retail industry Subjects: Customer acquisition; Customer profitability; Customer relations; Customer retention; Customer satisfaction; Market segmentation; Market share; Value propositions Academic Discipline: Competitive strategy Product Description: In the customer perspective of the Balanced Scorecard, companies identify the customer and market segments in which they have chosen to compete. These segments represent the sources that will deliver the revenue component of the company's financial objectives. Illustrates how the customer perspective enables companies to align their core customer outcome measures satisfaction, loyalty, retention, acquisition, and profitability to targeted customers and market segments, and to identify and measure the value propositions being delivered to these segments. May be used with: (1653BC) Why Does Business Need a Balanced Scorecard?; (1654BC) Financial Perspective; (1656BC) Internal-Business-Process Perspective; (1657BC) Learning and Growth Perspective; (1658BC) Linking the Balanced Scorecard Measures to Your Strategy; (1659BC) Structure and Strategy; (1661BC) Achieving Strategic Alignment: From Top to Bottom; (1662BC) Targets, Resource Allocation, Initiatives, and Budgets; (1663BC) Feedback and the Strategic Learning Process; (1664BC) Implementing a Balanced Scorecard Management Program; (1825BC) Appendix: Building a Balanced Scorecard; (1652BC) Measurement and Management in the Information Age.
Internal-Business-Process Perspective Author(s): Kaplan, Robert S.; Norton, David P. Publication Date: 08/02/1996 Product Type: HBS Press Chapter HBS Number: 1656BC Geographic Setting: United States Industry Setting: Banking industry; Retail industry; Semiconductor industry Subjects: Brand management; Innovation; Market segmentation; Operations management; Performance measurement systems; Value chains Academic Discipline: Competitive strategy Product Description: For the internal-business-process perspective, managers identify the processes that are most critical for achieving customer and shareholder objectives. Companies typically develop their objectives and measures for this perspective after formulating objectives and measures for the financial and customer perspectives. Demonstrates how the Balanced Scorecard can help managers define a complete internal-process value chain that starts with the innovation process, and ends with post-sale service. May be used with: (1652BC) Measurement and Management in the Information Age; (1653BC) Why Does Business Need a Balanced Scorecard?; (1654BC) Financial Perspective; (1655BC) Customer Perspective; (1657BC) Learning and Growth Perspective; (1658BC) Linking the Balanced Scorecard Measures to Your Strategy; (1659BC) Structure and Strategy; (1661BC) Achieving Strategic Alignment: From Top to Bottom; (1662BC) Targets, Resource Allocation, Initiatives, and Budgets; (1663BC) Feedback and the Strategic Learning Process; (1664BC) Implementing a Balanced Scorecard Management Program; (1825BC) Appendix: Building a Balanced Scorecard.
Learning and Growth Perspective Author(s): Kaplan, Robert S.; Norton, David P. Publication Date: 08/02/1996 Product Type: HBS Press Chapter HBS Number: 1657BC Subjects: Employee capability; Employee retention; Employee satisfaction; Information systems; Motivation; Organizational structure Academic Discipline: Competitive strategy Product Description: The objectives established in the financial, customer, and internal-business-process perspectives identify where the organization must excel to achieve breakthrough performance. The objectives in the learning and growth perspective provide the infrastructure to enable ambitious objectives in the other three perspectives to be achieved. The authors contend that organizations must invest in their infrastructure people, systems, and organizational processes if they are to achieve ambitious long-term financial growth objectives. May be used with: (1652BC) Measurement and Management in the Information Age; (1653BC) Why Does Business Need a Balanced Scorecard?; (1654BC) Financial Perspective; (1655BC) Customer Perspective; (1656BC) Internal-Business-Process Perspective; (1658BC) Linking the Balanced Scorecard Measures to Your Strategy; (1659BC) Structure and Strategy; (1661BC) Achieving Strategic Alignment: From Top to Bottom; (1662BC) Targets, Resource Allocation, Initiatives, and Budgets; (1663BC) Feedback and the Strategic Learning Process; (1664BC) Implementing a Balanced Scorecard Management Program; (1825BC) Appendix: Building a Balanced Scorecard.
Linking Balanced Scorecard Measures to Your Strategy Author(s): Kaplan, Robert S.; Norton, David P. Publication Date: 08/02/1996 Product Type: HBS Press Chapter HBS Number: 1658BC Geographic Setting: United States Industry Setting: Banking industry; Insurance industry Subjects: Indicators; Outcomes; Performance measurement systems; Performance objectives; Strategic analysis Academic Discipline: Competitive strategy Product Description: The objective of any measurement system should be to motivate all managers and employees to successfully implement the business unit's strategy. Those companies that can translate their strategy into their measurement system are far better able to execute their strategy because they can communicate their objectives and targets. Focuses on the importance of developing a Balanced Scorecard that communicates strategy through an integrated set of financial and nonfinancial measurements. May be used with: (1652BC) Measurement and Management in the Information Age; (1653BC) Why Does Business Need a Balanced Scorecard?; (1654BC) Financial Perspective; (1655BC) Customer Perspective; (1656BC) Internal-Business-Process Perspective; (1657BC) Learning and Growth Perspective; (1659BC) Structure and Strategy; (1661BC) Achieving Strategic Alignment: From Top to Bottom; (1662BC) Targets, Resource Allocation, Initiatives, and Budgets; (1663BC) Feedback and the Strategic Learning Process; (1664BC) Implementing a Balanced Scorecard Management Program; (1825BC) Appendix: Building a Balanced Scorecard.
Structure and Strategy Author(s): Kaplan, Robert S.; Norton, David P. Publication Date: 08/02/1996 Product Type: HBS Press Chapter HBS Number: 1659BC Geographic Setting: United States Industry Setting: Government & regulatory; Nonprofit; Petroleum industry Subjects: Balanced scorecard; Corporate culture; Customer & client analysis; Synergy Academic Discipline: Competitive strategy Product Description: The Balanced Scorecard must reflect the structure of the organization for which the strategy has been formulated. Illustrates the development of scorecards for organizations that are structurally different from the autonomous business unit, from joint ventures to nonprofit and governmental enterprises. May be used with: (1652BC) Measurement and Management in the Information Age; (1653BC) Why Does Business Need a Balanced Scorecard?; (1654BC) Financial Perspective; (1655BC) Customer Perspective; (1656BC) Internal-Business-Process Perspective; (1657BC) Learning and Growth Perspective; (1658BC) Linking the Balanced Scorecard Measures to Your Strategy; (1661BC) Achieving Strategic Alignment: From Top to Bottom; (1662BC) Targets, Resource Allocation, Initiatives, and Budgets; (1663BC) Feedback and the Strategic Learning Process; (1664BC) Implementing a Balanced Scorecard Management Program; (1825BC) Appendix: Building a Balanced Scorecard.
Achieving Strategic Alignment: From Top to Bottom Author(s): Kaplan, Robert S.; Norton, David P. Publication Date: 08/02/1996 Product Type: HBS Press Chapter HBS Number: 1661BC Geographic Setting: Sweden; United States Industry Setting: Insurance industry; Petroleum industry Subjects: Communication strategy; Compensation; Goal setting; Rewards; Teams Academic Discipline: Competitive strategy Product Description: Implementing strategy begins by educating and involving the people who must execute it. By communicating the strategy and by linking it to personal goals, the Balanced Scorecard creates a shared understanding and commitment among all organizational participants. Describes how organizations have used the Balanced Scorecard to communicate their new strategies to all employees, aligning departmental, team, and individual goals to successful implementation of the strategy. May be used with: (1652BC) Measurement and Management in the Information Age; (1653BC) Why Does Business Need a Balanced Scorecard?; (1654BC) Financial Perspective; (1655BC) Customer Perspective; (1657BC) Learning and Growth Perspective; (1658BC) Linking the Balanced Scorecard Measures to Your Strategy; (1659BC) Structure and Strategy; (1662BC) Targets, Resource Allocation, Initiatives, and Budgets; (1663BC) Feedback and the Strategic Learning Process; (1664BC) Implementing a Balanced Scorecard Management Program; (1825BC) Appendix: Building a Balanced Scorecard; (1656BC) Internal-Business-Process Perspective.
Targets, Resource Allocation, Initiatives, and Budgets Author(s): Kaplan, Robert S.; Norton, David P. Publication Date: 08/02/1996 Product Type: HBS Press Chapter HBS Number: 1662BC Geographic Setting: United States Industry Setting: Industrial goods, machinery & equipment industries; Manufacturing industries Subjects: Alignment; Balanced scorecard; Integration planning; Strategic initiatives; Stretch goals Academic Discipline: Competitive strategy Product Description: Managers should use their Balanced Scorecard to implement an integrated strategy and budgeting process. The business must align its financial and physical resources to the strategy. Introduces a four-step process for using the Balanced Scorecard to integrate long-range strategic planning and operational budgeting processes, including instruction on the importance of setting stretch targets and identifying critical cross-business initiatives. May be used with: (1652BC) Measurement and Management in the Information Age; (1653BC) Why Does Business Need a Balanced Scorecard?; (1654BC) Financial Perspective; (1655BC) Customer Perspective; (1656BC) Internal-Business-Process Perspective; (1657BC) Learning and Growth Perspective; (1658BC) Linking the Balanced Scorecard Measures to Your Strategy; (1659BC) Structure and Strategy; (1661BC) Achieving Strategic Alignment: From Top to Bottom; (1663BC) Feedback and the Strategic Learning Process; (1664BC) Implementing a Balanced Scorecard Management Program; (1825BC) Appendix: Building a Balanced Scorecard.
Feedback and the Strategic Learning Process Author(s): Kaplan, Robert S.; Norton, David P. Publication Date: 08/02/1996 Product Type: HBS Press Chapter HBS Number: 1663BC Geographic Setting: United States Industry Setting: Engineering Subjects: Cross functional teams; Organizational learning; Peer reviews; Problem solving; Service profit chain; Strategic management Academic Discipline: Competitive strategy Product Description: The capacity for organizational learning at the executive level (or what is referred to as strategic learning) is perhaps the most innovative aspect of the Balanced Scorecard. Examines a process of feedback, analysis, and reflection that tests and adapts the strategy to emerging conditions, closing the circle of a complete strategic management system. May be used with: (1652BC) Measurement and Management in the Information Age; (1653BC) Why Does Business Need a Balanced Scorecard?; (1654BC) Financial Perspective; (1655BC) Customer Perspective; (1656BC) Internal-Business-Process Perspective; (1657BC) Learning and Growth Perspective; (1658BC) Linking the Balanced Scorecard Measures to Your Strategy; (1659BC) Structure and Strategy; (1661BC) Achieving Strategic Alignment: From Top to Bottom; (1662BC) Targets, Resource Allocation, Initiatives, and Budgets; (1664BC) Implementing a Balanced Scorecard Management Program; (1825BC) Appendix: Building a Balanced Scorecard.
Implementing a Balanced Scorecard Management Program Author(s): Kaplan, Robert S.; Norton, David P. Publication Date: 08/02/1996 Product Type: HBS Press Chapter HBS Number: 1664BC Geographic Setting: United States Industry Setting: Insurance industry; Retail industry Subjects: Business plans; Defects; Feedback; Learning; Strategic management; Strategy formulation Academic Discipline: Competitive strategy Product Description: Companies initially adopt the Balanced Scorecard for a variety of reasons, including clarifying and gaining consensus on strategy, focusing organizational change initiatives, developing leadership capabilities at strategic business units, and gaining coordination and economies across multiple business units. Follows the evolutionary path followed by two organizations, National Insurance and Kenyon Stores, to build a new strategic management system, identifying the pitfalls some organizations have encountered in developing a Balanced Scorecard, and providing recommendations for organizing the development and implementation of a scorecard project. May be used with: (1652BC) Measurement and Management in the Information Age; (1653BC) Why Does Business Need a Balanced Scorecard?; (1654BC) Financial Perspective; (1655BC) Customer Perspective; (1656BC) Internal-Business-Process Perspective; (1657BC) Learning and Growth Perspective; (1658BC) Linking the Balanced Scorecard Measures to Your Strategy; (1659BC) Structure and Strategy; (1661BC) Achieving Strategic Alignment: From Top to Bottom; (1662BC) Targets, Resource Allocation, Initiatives, and Budgets; (1663BC) Feedback and the Strategic Learning Process; (1825BC) Appendix: Building a Balanced Scorecard.
Appendix: Building a Balanced Scorecard Author(s): Kaplan, Robert S.; Norton, David P. Publication Date: 08/02/1996 Product Type: HBS Press Chapter HBS Number: 1825BC Geographic Setting: United States Industry Setting: Industrial goods; Manufacturing industries; Petroleum industry; Retail industry Subjects: Clarity; Consensus; Focus; Implementation; Interventions Academic Discipline: Competitive strategy Product Description: Constructing an organization's first Balanced Scorecard can be accomplished by a systematic process that builds consensus and clarity about how to translate a unit's mission and strategy into operational objectives and measures. Guides the reader through a step-by-step process for building a successful Balanced Scorecard, from establishing initial objectives to determining a time frame for implementation. May be used with: (1652BC) Measurement and Management in the Information Age; (1653BC) Why Does Business Need a Balanced Scorecard?; (1654BC) Financial Perspective; (1655BC) Customer Perspective; (1656BC) Internal-Business-Process Perspective; (1657BC) Learning and Growth Perspective; (1658BC) Linking the Balanced Scorecard Measures to Your Strategy; (1659BC) Structure and Strategy; (1661BC) Achieving Strategic Alignment: From Top to Bottom; (1662BC) Targets, Resource Allocation, Initiatives, and Budgets; (1663BC) Feedback and the Strategic Learning Process; (1664BC) Implementing a Balanced Scorecard Management Program.
Introduction: Linking Strategy to Operations for Competitive Advantage Author(s): Kaplan, Robert S.; Norton, David P. Publication Date: 08/04/2008 Product Type: HBS Press Chapter HBS Number: 7678BC Subjects: Balanced scorecard; Performance measurement; Process improvement; Strategy alignment; Strategy execution Academic Discipline: Competitive strategy Product Description: In spite of increased adoption of strategy execution systems in recent years, strategy development and the links between strategy and operations remain ad hoc, varied, and fragmented. Having a comprehensive and integrated management system with the Balanced Scorecard at its core can help companies overcome the difficulties and frustration that most of them experience when attempting to implement their strategies.
Develop the Strategy: The Starting Point for Strategy Execution Author(s): Kaplan, Robert S.; Norton, David P. Publication Date: 08/04/2008 Product Type: HBS Press Chapter HBS Number: 7685BC Subjects: Balanced scorecard; Corporate vision; Mission statements; Process improvement; Strategy analysis; Strategy execution; Strategy formulation; Values Academic Discipline: Competitive strategy Product Description: Having a comprehensive and integrated management system, with the Balanced Scorecard at its core, can help companies through the strategy execution process. This chapter contains a detailed description of the first steps in the strategy development process: clarifying the organization's mission, values, and vision; conducting strategic analyses; and formulating the strategy.
Plan the Strategy: Aligning the Organization for Effective Strategy Execution Author(s): Kaplan, Robert S.; Norton, David P. Publication Date: 08/04/2008 Product Type: HBS Press Chapter HBS Number: 7686BC Subjects: Balanced scorecard; Goal setting; Process improvement; Strategy alignment; Strategy execution; Strategy maps Academic Discipline: Competitive strategy Product Description: The process of planning an organization's strategy converts statements of strategic direction into specific objectives, measures, targets, initiatives, and budgets that guide action and align the organization for effective strategy execution. This chapter addresses the translation of the strategy into a strategy map, built around strategic themes, and an associated Balanced Scorecard of measures and targets for each of the map's strategic objectives.
Strategic Initiatives: Launching the Strategy into Motion Author(s): Kaplan, Robert S.; Norton, David P. Publication Date: 08/04/2008 Product Type: HBS Press Chapter HBS Number: 7687BC Subjects: Balanced scorecard; Performance measurement; Process improvement; Strategy alignment; Strategy execution Academic Discipline: Competitive strategy Product Description: Strategic initiatives are the collections of short-term discretionary projects and programs, outside the organization's day-to-day operational activities, that are designed to help the organization achieve its targeted performance. They also help accelerate an organizational mass into action and overcome inertia and resistance to change. This chapter discusses three processes involved in managing a portfolio of strategic initiatives: selecting initiatives, providing resources for them, and assigning accountability for executing them.
Aligning Organizational Units and Employees: A Critical Step in the Strategy Execution Process Author(s): Kaplan, Robert S.; Norton, David P. Publication Date: 08/04/2008 Product Type: HBS Press Chapter HBS Number: 7688BC Subjects: Balanced scorecard; Performance measurement; Process improvement; Strategy alignment; Strategy execution Academic Discipline: Competitive strategy Product Description: A truly effective management system for aligning business unit strategy with operations must address how strategy is integrated across diverse organizational units, and how to align employees with the strategy. This chapter describes the best practices companies use to align business units, support units, and employees to strategy.
Plan Operations: Align Process Improvement Programs Author(s): Kaplan, Robert S.; Norton, David P. Publication Date: 08/04/2008 Product Type: HBS Press Chapter HBS Number: 7690BC Subjects: Balanced scorecard; Performance measurement; Process improvement; Strategy alignment; Strategy execution Academic Discipline: Competitive strategy Product Description: Performance that depends on the power of individual leaders has generally proven unsustainable over the long term. Unless an organization links its strategy to its governance and operational processes, it won't be able to sustain its successes. This chapter discusses the linkage of strategy to process improvements.
Plan Operations: Sales Forecasts, Resource Capacity, and Dynamic Budgets Author(s): Kaplan, Robert S.; Norton, David P. Publication Date: 08/04/2008 Product Type: HBS Press Chapter HBS Number: 7689BC Subjects: Balanced scorecard; Budgeting; Economic forecasts; Performance measurement; Process improvement; Strategy alignment; Strategy execution Academic Discipline: Competitive strategy Product Description: This chapter presents an integrated approach for linking the strategic plan to forecasts for spending on operating and capital resources, which accounts for the vast majority of overall corporate spending. This process ensures that resource capacity, operational plans, and budgets reflect the direction and needs of the strategy.
Operational and Strategy Review Meetings: Keeping the Organization on a Strategic Trajectory for Breakthrough Performance Author(s): Kaplan, Robert S.; Norton, David P. Publication Date: 08/04/2008 Product Type: HBS Press Chapter HBS Number: 7691BC Subjects: Balanced scorecard; Meetings; Performance measurement; Process improvement; Strategy alignment; Strategy analysis; Strategy execution Academic Discipline: Competitive strategy Product Description: With strategy and operational plans in place, the enterprise embarks on executing the strategy: producing and delivering products and services to customers, implementing initiatives, and improving processes. However, like mission control after a spaceship has been launched, the enterprise needs to continually monitor and adjust its performance to achieve strategic objectives. Managers guide the enterprise by holding a structured set of meetings that deal with operational and improvement programs and review the strategy and adjust or transform it as needed.
Meetings to Test and Adapt the Strategy Author(s): Kaplan, Robert S.; Norton, David P. Publication Date: 08/04/2008 Product Type: HBS Press Chapter HBS Number: 7692BC Subjects: Balanced scorecard; Executive committees; Performance measurement; Process improvement; Strategy alignment; Strategy analysis; Strategy execution Academic Discipline: Competitive strategy Product Description: Apart from a company's ability to execute its strategy, it cannot be certain that the assumptions and hypotheses underlying the strategy are valid. A principal benefit of implementing a strategy with a Balanced Scorecard is that a company can use the scorecard data to periodically assess whether its strategic hypotheses are holding up. Strategy testing and adapting meetings are designed for the executive team to learn about the validity of the strategy not only its execution and to modify and adapt the strategy over time.
The Office of Strategy Management: Integrating Your Organizations Strategy Management Processes Author(s): Kaplan, Robert S.; Norton, David P. Publication Date: 08/04/2008 Product Type: HBS Press Chapter HBS Number: 7693BC Subjects: Balanced scorecard; Performance measurement; Process improvement; Strategy alignment; Strategy execution Academic Discipline: Competitive strategy Product Description: Most organizational processes are assigned to owners who run them and are accountable for their performance. But few organizations identify an individual or department to run the multiple linked processes of the strategy execution system. In high-performing companies, the need has been unearthed for an office of strategy management. The OSM is the architect, the process owner, and integrator of the processes embedded within the strategic planning and operational execution management system.
Introduction: Why Good Companies Fail to Thrive in Fast-Moving Industries Author(s): Christensen, Clayton M. Publication Date: 06/11/1997 Product Type: HBS Press Chapter HBS Number: 1713BC Subjects: Capabilities; Academic Discipline: Competitive strategy Product Description: Looks at why well-managed companies that have their competitive antennae up, listen to their customers, and invest aggressively in new technologies still lose market dominance. Introduces the concepts of sustaining and disruptive technologies, the tensions between them, and the need for successful companies to manage their innovation efforts in the context of continuous disruptive competition. May be used with: (1548BC) How Can Great Firms Fail? Insights from the Hard Disk Drive Industry; (1549BC) Value Networks and the Impetus to Improve; (1550BC) Disruptive Technological Change in the Mechanical Excavator Industry; (1551BC) What Goes Up, Can't Go Down (How Successful Companies Become Increasingly Vulnerable); (1552BC) Give Responsibility for Disruptive Technologies to Organizations Whose Customers Need Them; (1553BC) Match the Size of the Organization to the Size of the Market; (1556BC) Discovering New and Emerging Markets; (1557BC) How to Appraise Your Organization's Capabilities and Disabilities; (1558BC) Performance Provided, Market Demand, and the Product Life Cycle; (1559BC) Managing Disruptive Technological Change: A Case Study; (1560BC) The Dilemmas of Innovation: A Summary.
How Can Great Firms Fail? Insights from the Hard Disk Drive Industry Author(s): Christensen, Clayton M. Publication Date: 06/11/1997 Product Type: HBS Press Chapter HBS Number: 1548BC Industry Setting: Hard disk drive Subjects: Computer hardware; Disruptive innovations; Disruptive technologies; Sustaining innovations; Technological change Academic Discipline: Competitive strategy Product Description: The disk drive industry is ideal for studying patterns of business failure, because rich data exist about it and because it has a particularly fast life cycle. In a matter of a few years, market segments, companies, and technologies emerge, mature, and decline. Companies with apparently sound management practices fall prey to disruptive innovators who grab their market share and precipitate their decline. Outlines the history of the industry and shows how new entrants to the industry repeatedly unseat incumbents. May be used with: (1549BC) Value Networks and the Impetus to Improve; (1550BC) Disruptive Technological Change in the Mechanical Excavator Industry; (1551BC) What Goes Up, Can't Go Down (How Successful Companies Become Increasingly Vulnerable); (1552BC) Give Responsibility for Disruptive Technologies to Organizations Whose Customers Need Them; (1553BC) Match the Size of the Organization to the Size of the Market; (1556BC) Discovering New and Emerging Markets; (1557BC) How to Appraise Your Organization's Capabilities and Disabilities; (1558BC) Performance Provided, Market Demand, and the Product Life Cycle; (1559BC) Managing Disruptive Technological Change: A Case Study; (1560BC) The Dilemmas of Innovation: A Summary; (1713BC) Innovator's Dilemma: Introduction: (Why Companies Need to Understand and Manage the Forces of Disruptive Innovation).
Value Networks and the Impetus to Innovate Author(s): Christensen, Clayton M. Publication Date: 06/11/1997 Product Type: HBS Press Chapter HBS Number: 1549BC Subjects: Technological change; Value chains Academic Discipline: Competitive strategy Product Description: Why do leading firms frequently stumble when confronting technology change? Most explanations focus on management or organizational issues. Proposes another theory, based on the concept of a value network the context within which a firm identifies and responds to customers' needs, solves problems, procures input, reacts to competitors, and strives for profit. May be used with: (1548BC) How Can Great Firms Fail? Insights from the Hard Disk Drive Industry; (1550BC) Disruptive Technological Change in the Mechanical Excavator Industry; (1551BC) What Goes Up, Can't Go Down (How Successful Companies Become Increasingly Vulnerable); (1552BC) Give Responsibility for Disruptive Technologies to Organizations Whose Customers Need Them; (1553BC) Match the Size of the Organization to the Size of the Market; (1556BC) Discovering New and Emerging Markets; (1557BC) How to Appraise Your Organization's Capabilities and Disabilities; (1558BC) Performance Provided, Market Demand, and the Product Life Cycle; (1559BC) Managing Disruptive Technological Change: A Case Study; (1560BC) The Dilemmas of Innovation: A Summary; (1549BC) Value Networks and the Impetus to Improve; (1713BC) Innovator's Dilemma: Introduction: (Why Companies Need to Understand and Manage the Forces of Disruptive Innovation).
Disruptive Technological Change in the Mechanical Excavator Industry Author(s): Christensen, Clayton M. Publication Date: 06/11/1997 Product Type: HBS Press Chapter HBS Number: 1550BC Subjects: Disruptive technologies; Academic Discipline: Competitive strategy Product Description: Explores changes in the mechanical excavator industry, particularly with the advent of hydraulics. Despite the fact that this industry moves at a very different pace and technological intensity than the disk drive industry, the same factors precipitated the failure of both industries to remain competitive in the face of rapid technological change. May be used with: (1548BC) How Can Great Firms Fail? Insights from the Hard Disk Drive Industry; (1549BC) Value Networks and the Impetus to Improve; (1551BC) What Goes Up, Can't Go Down (How Successful Companies Become Increasingly Vulnerable); (1552BC) Give Responsibility for Disruptive Technologies to Organizations Whose Customers Need Them; (1553BC) Match the Size of the Organization to the Size of the Market; (1556BC) Discovering New and Emerging Markets; (1557BC) How to Appraise Your Organization's Capabilities and Disabilities; (1558BC) Performance Provided, Market Demand, and the Product Life Cycle; (1559BC) Managing Disruptive Technological Change: A Case Study; (1560BC) The Dilemmas of Innovation: A Summary; (1713BC) Innovator's Dilemma: Introduction: (Why Companies Need to Understand and Manage the Forces of Disruptive Innovation).