I refer you to a recent Harvard Business Review Blog post by Jack Hughes called What Value Creation Will Look Like in The Future that was published on May 17, 2013. Hughes makes the point that during the last 100+ years organizations have focused on the efficient management of work to the point where the marginal gains from further improvements are not likely to be game changes or sources of sustained competitive advantage. Continue reading “Value Creation versus Operational Efficiency”
Month: May 2013
It’s The Business Model Not The Product That’s Important
When Bill Hewlett and Dave Packard graduated from Stanford in 1937 they decided to start a new business. They subsequently memorialized their early discussions in a set of “founding notes” which, in relation to the question of what they Continue reading “It’s The Business Model Not The Product That’s Important”