A practical guide to new-business building for incumbents
Five lessons for incumbents on how to build and scale new digital ventures—and increase their odds of success.
Content: Article | Authors: Nimal Manuel, Ralf Dreischmeier, Tomas Beerthuis, Tomas Laboutka | Source: McKinsey Quarterly | Subjects: Entrepreneurship, Innovation, Management
How good are you at business building? A new way to score your ability to scale new ventures
Why do so many great ideas just fail to take off? Executives have plenty of explanations for why their new businesses fail to scale, from poor operations to insufficient talent to simply bad luck. But in many cases, these explanations are based on gut feeling or frustration looking for an outlet, not on a deep understanding of the facts. So we have reviewed more than … [ Read more ]
Content: Article | Authors: Ari Libarikian, Eike Reus, Jerome Königsfeld, Markus Berger-de León, Ralf Dreischmeier | Source: McKinsey Quarterly | Subjects: Entrepreneurship, Management
Clusters and Nuggets: Mastering Postmerger IT Integration
Why does IT integration often hinder a smooth corporate merger process? Among the reasons are that defining a well-structured approach can slip far down the priority list, and companies can get bogged down deciding which applications should be kept or discarded by the combined entity. BCG research and case work have identified six key IT integration lessons from banking mergers that can benefit companies in … [ Read more ]
Content: Article | Authors: Antoine Gourevitch, Christophe Duthoit, Ralf Dreischmeier, Simon Ken | Source: Boston Consulting Group (BCG) | Subject: IT / Technology / E-Business
IT Outsourcing Rediscovered: Getting Your Share This Time Around
In a quest for cost savings and improved efficiency, many companies outsource portions of their IT. Few companies, however, ultimately capture the value they expected. This article provides eight levers to help remedy the situation.
Content: Article | Authors: Anthony Datel, Peter Balnaves, Ralf Dreischmeier | Source: Boston Consulting Group (BCG) | Subjects: IT / Technology / E-Business, Outsourcing / BPO