Large businesses don’t have to be lousy innovators
Gary Pisano doesn’t buy the idea that large enterprises are inherently lousy innovators. Back in 2006, Pisano, the Harry E. Figgie Professor of Business Administration at Harvard Business School, traced the origin of every drug approved by the FDA over a 20-year period to either one of the world’s 20 largest pharmaceutical companies or one of the 250 smaller, supposedly more innovative biotechs. When he compared the two groups, he discovered a “statistical dead heat” — R&D productivity was no better in the smaller biotechs than in big pharma.
STRATEGY+BUSINESS
11 Steps To Hasten Digital Transformation As Technology Flattens The Playing Field
Just under half of all business leaders do not have a digital vision for the future and are not even prepared to make the investment into technology necessary for such a transformation.
FORBES
Deploying a digital strategy with dated technology (VIDEO)
Jost Hopperman, VP- Banking Applications & Architecture, Forrester, speaks at SunTec’s Confluence 2019 in Dubai about how banks are dealing with the issue of deploying digital strategy with dated technology and how banks are looking towards integrated banking applications through the creation of an ecosystem to move forward.
FINTEC
Tiger Woods’ victory in Masters a win for golf business
Tiger Woods’ victory at the Masters golf tournament on Sunday, his first major victory since 2008, is expected to lift sales for sponsors, broadcasters and golf courses lucky enough to host a tournament with Woods playing.
The competition put the 43-year-old back on top of a sport he helped transform 25 years ago.
“Tiger sells golf,” says Eric Smallwood, president of Apex Marketing Group, Inc., a Michigan analytics firm. Apex found that Nike earned $22.5 million worth of brand exposure just from Woods’ final round, with Nike’s “Swoosh” logo splashed on his hat, shirt, pants and shoes. Nike stock was up about one percent on Monday.
THE CHRONICLE
Everyone should be willing to fail
When growing up, I was known to be a bit of a troublemaker. I bent the rules. Every teacher described me as “disruptive” and they didn’t mean it in a nice way. My unwillingness to obey authority also meant I had a hard time admitting when I was wrong. But I’ve since learned the value of acknowledging your mistakes – in life and at work.
GLOBE AND MAIL
