The Secret of Innovation
Innovation, both at the project and portfolio level, can be managed better by drawing cash curves of cumulative cash flow. These pictures will cause managers to question their assumptions about various kinds of risks (market, financial, technical, etc.) and consider alternative development models.
Content: Article | Authors: Harold L. Sirkin, James P. Andrew | Source: “Boston Consulting Group (BCG)” | Subject: Innovation
Innovating for Cash
This perspective presents a compelling argument that, when determining the profitability unleashed by an innovation, the process or model of the innovation is every bit as important to consider as the innovation itself. The perspective highlights the need for companies to analyze in a systematic way the potential of all new products to generate cash. The authors review three general models for innovation and make … [ Read more ]
Content: Article | Authors: Harold L. Sirkin, James P. Andrew | Source: “Boston Consulting Group (BCG)” | Subject: Innovation
Globalizing R&D: Building a Pathway to Profits
Global R&D is making headlines but companies’ experiences to date are mixed at best. This article examines why many companies that are already moving are achieving only lukewarm results.
Content: Article | Authors: Arindam Bhattacharya, Harold L. Sirkin, James P. Andrew | Source: “Boston Consulting Group (BCG)” | Subjects: Innovation, International
Working Capital Productivity: The Overlooked Measure of Business Performance Improvement
Many executives are searching for a simple, yet effective measure of overall operational performance. This paper posits that working capital productivity is an indirect indicator of a well-run operation.
Content: Article | Authors: George Stalk Jr., Harold L. Sirkin | Source: “Boston Consulting Group (BCG)” | Subjects: Finance, Management
Transformation: How to Load the Dice in Your Favor
Whether for strategic, financial, or technological reasons, companies today are increasingly finding that they must completely transform critical elements of their businesses. As a result, the ability to manage such efforts quickly, effectively, and confidently has become an important source of competitive advantage and shareholder value. The problem, however,is that transformation, by its very nature, severely stretches organizations-often pushing skills, resources, and comfort levels to … [ Read more ]
Content: Article | Authors: Alan Jackson, Harold L. Sirkin, Perry Keenan | Source: “Boston Consulting Group (BCG)” | Subject: Change Management