Remove 2007 Remove Productivity Remove Sales
article thumbnail

Leading Management Principles of the World’s Top Shipbuilders

Epicflow

The capacity of HHI is superior to its competitors — a four-kilometer Ulsan shipyard with nine huge “Goliath Cranes,” 16,000 well-trained and experienced people in production, R&D, management, and administration, and the ability to manufacture any ship of any size with superb quality and the highest deadweight tonnage in the world.

article thumbnail

How the Meaning of Digital Transformation Has Evolved

Harvard Business

Think back to 2007. In 2007, companies lacked a mobile strategy, let alone a mobile presence for engaging with their customers or for helping employees collaborate. ” Nowadays, a company’s digital strategy practically drives the roadmap and goals of many departments, from marketing to sales to HR. A young U.S.

Survey 137
Insiders

Sign Up for our Newsletter

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

article thumbnail

Is Tesla Really a Disruptor? (And Why the Answer Matters)

Harvard Business

billion to escape what Musk calls the “manufacturing hell” the company is now experiencing in its transition from small batch car making to mass production. Both companies were led by visionaries, both offer high-end versions of commodity products, and both enjoy fierce loyalty from customers.

article thumbnail

How Gatorade Invented New Products by Revisiting Old Ones

Harvard Business

The idea of creating a fresh new product, the prospect of increasing market share with brand new offerings, or the vision of disrupting some slow-moving incumbent with a radical new technology – these have an inherently strong appeal for companies keen for growth. What’s more, legacy products seem to be at a natural disadvantage.

article thumbnail

The Right Way to Spend Your Innovation Budget

Harvard Business

Most innovation investments, such as product improvement, technological innovation, and research and development (R&D) traditionally aim at strengthening the innovation capacity of the organization. Nokia during 2007-2010 was an example of a corporation with great innovation capacity. ” The Ovi Store was discontinued in 2015.

System 132
article thumbnail

Do Ethics Still Matter?

Effective Managers

McKinsey reportedly continued to advise Purdue (the maker of OxyContin) even after Purdue pled guilty in 2007 to federal criminal charges that it had been misleading the public about the risks of OxyContin. As a quick reminder – banking financial advisors were selling unneeded financial instruments in order to meet their sales quotas.

Ethics 130
article thumbnail

Why Microsoft Is Willing to Pay So Much for GitHub

Harvard Business

It’s about multiples of revenue or earnings, sales growth, profit margins, and management theory. Another example is Sun Microsystems’ billion-dollar acquisition of MySQL (where I was an executive at the time) in 2007. In Silicon Valley there are basically two ways of creating shareholder value: financial and strategic.

Financial 137