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Retooling your innovation engine for higher earnings from new products

Many companies are not reaping the profits from innovations that they were hoping for. One of the reasons is the way these companies approach their innovation efforts. In this article, the authors argue that an analysis-driven process is the most suitable one for companies in industries such as...
Technology & innovation management

How business leaders can care about the world - profitably

In today’s world the question of third party interests is of increasing importance as companies leave their footprint around the globe in different societies. How and to what degree should executives allow for these externalities? This article explores how companies can address the issue of third-...
Risk

A systems approach for accelerating innovation in regulated service industries

Even though innovation and regulation might not seem a natural fit, industries such as telecommunications and air travel are examples of areas that are both highly innovative and regulated. This article explains the prerequisites for innovation within an industry, and then considers the barriers...
Strategy, Technology & innovation management

Green cooperation - How supply chain partners can jointly reduce their costs...

Companies that only look into their own value chain operations often find they have reached a point where there is little room for further improvements. A new approach that can reap substantial benefits is to take a look at the integral supply chain perspective, which can not only improve your...
Operations management, Sustainability

Interview with Dae-whan Chang

Bonjoon Ku, principal, interviewed Dae-whan Chang, chairman and publisher of Maeil Business Newspaper Group. They used this invaluable opportunity to acquire insights from one of the most respected thought leaders in Korea regarding the future of the global economy and the "new normal" that...
Strategy

Beyond the downturn: Waking up in a new world

In a survey conducted in March 2009, Arthur D. Little spoke to senior executives around the globe about the economic downturn. The survey focuses on what the crisis means to business and how executives can prepare for the return of better times. The results are not all gloom and doom. Business is...
Strategy

"In a connected world, we must work together"

On April 3, Arthur D. Little interviewed Jürgen Hambrecht, CEO of the world’s most respected chemical company. Through its myriad business relations, BASF has unparalleled insights into the well-being and direction of the global economy. We used this unique opportunity to talk about the economic...
Chemicals, Strategy

Releasing working capital across the supply chain

In a credit crisis, one common way of finding cash is to reduce working capital. However, successfully reducing working capital within one company can damage other businesses in the supply chain, exacerbating an already difficult situation all round. This article shows how substantial reductions in...
Strategy, Corporate finance

Effective procurement negotiations in the downturn

The squeeze is on for subassembly manufacturers. Sharp declines in demand for the products of their customers has left them under heavy pressure to reduce their prices, and the only way they can do that is by ensuring lower prices from their own suppliers. But getting substantial price reductions...
Strategy, Operations management

Making money from green consumerism in the downturn

In the last few years, many leading companies have been vigorously marketing the green attributes of their products and services to cash in on perceived demand among consumers. But the coming of the downturn has left many wondering whether the green consumer revolution would be stopped in its...
Consumer goods & retail, Strategy, Sustainability