In this video Clayton Christensen talks about disruptive innovation and the effect it can have on well established businesses. Because the disruptive business comes in to low end competing with the less profitable portion of the established business’ market share the established business doesn’t pay much attention to them. The established business basically gives up that portion of the market in order to concentrate on more profitable areas. Eventually that disruptive business, through innovation, becomes more developed and competes with the established business eventually taking over the market.
In this article C.K. Prahalad and Kenneth Lieberthal talk about multinational corporations going into emerging markets such as China and India. Multinational corporations, with an imperialistic view, came into emerging markets attempting to sell their old products, and in doing so attracting only the top tear of the emerging markets. To attract the more lucrative second and third tiers they need to take in consideration brand management, the cost of market building, new product design, packaging, capital efficiency, and distribution system. If a multinational corporation succeeds their entire business will change both effecting and being effected by the emerging market.
Jugen Kluge, Rupert Deger and Jurgen Wunram talk about innovation all over the world especially in Germany. Observing many companies all over the world largely relying on innovation for profits the question was asked, "Can Germany Still Innovate?". The conclusion was Germany's ability to innovate had not diminished, but in order to become a world leader in innovation once more, German companies must change their processes and attitudes when it comes to innovation. Along with determining Germany's innovation flaws this article shows many different tactics used by successful companies based on innovation.
In this article Amory B. Lovins, L. Hunter Lovins and Paul Hawken talk about natural capitalism and the effects it has on both the environment and our economy. Today, companies operate on inefficient incentives concentrating on selling product. Instead companies should concentrate on solutions. With this change of mindset and introducing implementation steps toward natural capitalism by dramatically increasing the productivity of natural resources, shifting to biologically inspired production models, moving to a solutions-based business model and reinvesting in natural capital a company is able to reduce production costs, improve the efficiency of their company and improve the environment at the same time.
In this video William McDonough talks about the environment and things we need to do in order to get our world where it should be. In giving a lot of examples of environmentally friendly designs, William shows us we can build to revive our climate and environment. We can live the way we live now and take care of the earth at the same time.
In this video Bill Clinton talks about working in developing countries. Many developing countries have been dealing with health concerns. In order to deal with such concerns we need to work on processes to get cheap drugs to the people that need them. Many people believe that corruption is the biggest threat in developing countries, but bad processes are even worse.
In this video Laurie Santos compares our economy with a monkey’s economy. The reason behind this was to see if the monkeys would make the same predictable irrational decisions we make when dealing with money. Even though we may be the smartest being on the planet there are some evolutionary constraints we may have to over come.
In this video Howard Rheingold covers the topic of collaboration. Using collaboration, a group of people can accomplish many more things then if otherwise by themselves. Using collaboration we help each other by helping ourselves. Howard goes on to talk about the cooperation and how it guides our social world, and as technologies evolve our form of wealth does also.
In this article Joseph L. Bower talks about acquisitions and mergers, why a business would begin this process and the ups and down for each version. Overall there are five different reasons a business would go through an acquisition or merger. In each type the business must take certain initiatives in order to be successful. After a description of each version Joseph gives recommendations that guide businesses to success.
Thomas A. Stewart and Anand P. Raman interview Anand Mahindrathe CEO of Mahinda & Mahinda about his cooperation's operations. In this article Anand Mahindathe explains the difference between a federation and a conglomerate, and innovation's part when it comes to globalization. Because his cooperation is a federation of businesses he is able to look over all of them without interfering. Anand explains the reasons and advantages to running a cooperation in this fashion.