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  • October 2017
  • Article

Toward a Prescriptive Theory of Dynamic Capabilities: Connecting Strategic Choice, Learning, and Competition

By: Gary P. Pisano
The field of strategy has mounted an enormous effort to understand, define, predict, and measure how organizational capabilities shape competitive advantage. While the notion that capabilities influence strategy dates back to the work of Andrews (1971, The Concept... View Details
Keywords: Business Admnistration; Market Structure; Firm Structure; Market Efficiency; Competency and Skills; Organizational Structure; Strategy
Related
  • 2007
  • Working Paper

The Effects of a Centralized Clearinghouse on Job Placement, Wages, and Hiring Practices

By: Muriel Niederle and Alvin E. Roth
New gastroenterologists participated in a labor market clearinghouse (a "match") from 1986 through the late 1990's, after which the match was abandoned. This provides an opportunity to study the effects of a match, by observing the differences in the outcomes and... View Details
Keywords: Health; Employment; Marketplace Matching; Selection and Staffing; Job Offer; Compensation and Benefits; Health Industry
Related
  • 24 Feb 2016
  • HBS Seminar

David Brumley of Carnegie Mellon University

  • 20 Sep 2011
  • First Look

First Look: September 20

materials and invites discussion of the effectiveness of various approaches and the general lessons for the management of companies seeking to operate in an environmentally responsible manner. Purchase this... View Details
Keywords: Sean Silverthorne
  • 01 Oct 1997
  • News

Graduate's Gift Honors HBS Friend

In a spontaneous act of friendship, Nathaniel de Rothschild (MBA '71) recently made a generous gift to the School in the name of his longtime friend and HBS classmate Franklin R. Anderson (MBA '71). To give special recognition to the gift... View Details
Keywords: Nancy O. Perry
  • 12 Jun 2018
  • Research & Ideas

In a Landscape of 'Me Too' Drug Development, What Spurs Radical Innovation?

than 10 percent chance of approval. Me toos have greater than 20 percent chance of reaching the market, and generally require lower investment. For patients, of course, it’s the novel blockbusters that can be the most life-changing.... View Details
Keywords: by Rachel Layne; Health; Pharmaceutical
  • 27 Oct 2002
  • Research & Ideas

Want a Happy Customer? Coordinate Sales and Marketing

even more difficult than in the past. Why the concern about coordination between sales and marketing? Every business exists for financial performance—making money. We know generally how to measure it across different companies and... View Details
Keywords: by Benson Shapiro
  • 17 Dec 2007
  • Research & Ideas

The Rise of Medical Tourism

describes, the globalization of health care also provides a fascinating angle on globalization generally and is of great interest to corporate strategists. "Apollo Hospitals—First-World Health Care at Emerging-Market Prices"... View Details
Keywords: by Martha Lagace; Health; Medical Devices & Supplies
  • 25 Aug 2014
  • News

Jonathan M. Nelson, MBA 1983

companies, VoiceStream Wireless (now called T-Mobile USA), and also launched Hulu and the Yankees Entertainment and Sports Network (although Nelson admits to being an avid Red Sox fan). By following his passion, Jonathan Nelson has achieved extraordinary success. He... View Details
Keywords: Susan Young
  • 08 Sep 2008
  • HBS Case

The Value of Environmental Activists

There are many methods, most financial, to measure the success of companies in meeting goals. But the question becomes a lot harder at Harvard Business School when MBAs are challenged to measure the efforts of environmental organizations like Greenpeace and the World... View Details
Keywords: by Sarah Jane Gilbert; Energy; Utilities
  • 08 Sep 2020
  • Blog Post

2+2 Where Are They Now Spotlight: Ashley Zumwalt-Forbes (MBA 2017)

supporting the Vaca Muerta in Neuquén, Argentina (although also working China, Qatar, Siberia, and Colombia). Due to the exploratory nature of our projects, my group was generally the first group in country and our team was quite lean, so... View Details
  • 18 Apr 2000
  • Research & Ideas

Learning in Action

Bean, the U.S. Army's Center for Army Lessons Learned (CALL), AT&T's Bell Laboratories, the Timken Companies and General Electric's Change Acceleration Process (CAP).   L.L. Bean has long relied on inquiry as a source of learning to... View Details
Keywords: by David A. Garvin
  • 23 Aug 2006
  • Op-Ed

The Real Wal-Mart Effect

the form of lower prices. There is general agreement that Wal-Mart prices are significantly lower than its competitors. Assuming that the company's prices are 8 percent lower—at the low end of the estimates from various studies summarized... View Details
Keywords: by Pankaj Ghemawat & Ken A. Mark; Retail
  • Blog

Celebrating 100 Years of the HBS Case Method

was a one-page narrative about a management challenge facing leaders at the General Shoe Company. The case proved to be a very successful teaching tool, and many more cases followed. Today, the case method is just as relevant as it was... View Details
  • 26 May 2003
  • Research & Ideas

When Silence Spells Trouble at Work

employees in organizations ranging from small businesses to Fortune 500 corporations to government bureaucracies reveal that silence can exact a high psychological price on individuals, generating feelings of humiliation, pernicious... View Details
Keywords: by Leslie A. Perlow
  • 01 Oct 2000
  • News

Carlos A. Saladrigas: Hardworking Optimist

line the shelves of Saladrigas's office. In addition to fighting corruption in local government, he was involved in last spring's negotiations between Elián González's Miami relatives and U.S. Attorney General Janet Reno. That task proved... View Details
Keywords: Susan Young
  • 10 Jul 2007
  • What Do You Think?

How Much of Leadership Is About Control, Delegation, or Theater?

image of General George S. Patton stepping in front of a huge American flag to deliver a stirring speech, whether it really happened or not, is carefully staged theater. When he was commissioner of the New York City Police Department,... View Details
Keywords: by Jim Heskett
  • 01 Nov 2019
  • What Do You Think?

Should Non-Compete Clauses Be Abolished?

being terminated. Globally, India allows the use of such clauses only when it is judged to be in support of trade and commerce. European countries generally allow them for certain time periods (two or three years) and limited geography.... View Details
Keywords: by James Heskett
  • 26 Nov 2001
  • Op-Ed

Why Corporate Budgeting Needs To Be Fixed

changing accruals, for example—the adverse impact on company value is probably small. But rarely is the activity so benign. Usually, the shuffling of dollars results from decisions that change the operating characteristics of a company, and it View Details
Keywords: by Michael C. Jensen
  • 09 Dec 2013
  • Research & Ideas

Cultural Disharmony Undermines Workplace Creativity

designers judged the creativity of the ideas, they determined that the least creative ones came from participants who had called to mind acquaintances from different cultural backgrounds with disharmonious relationships. [On average, those who recalled that... View Details
Keywords: by Michael Blanding