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  • November–December 2019
  • Article

Pivoting Isn't Enough? Managing Strategic Reorientation in New Ventures

By: Rory McDonald and Cheng Gao
New ventures often experience deviations from their plans that oblige them to reorient in pursuit of better fit between their evolving products and their target customers. Yet research is largely silent on how managers explain such changes and justify their ventures in... View Details
Keywords: Strategic Reorientation; Technology Entrepreneurship; Innovation; Product Development Processes; Organizational Adaptation; Qualitative Methods (General); Entrepreneurship; Information Technology; Organizational Change and Adaptation; Strategy; Innovation and Invention; Product Development; Communication Strategy
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  • 2016
  • Working Paper

Pivoting Isn't Enough: Principled Pragmatism and Strategic Reorientation in New Ventures

By: Rory McDonald and Cheng Gao
New technology ventures often experience deviations from their original plans that oblige them to reorient in pursuit of better fit between their evolving products and target customers. Yet research is largely silent on how entrepreneurs explain and justify their... View Details
Keywords: Strategic Reorientation; Technology Entrepreneurship; Innovation; Product Development Processes; Organizational Adaptation; Qualitative Methods (General); Information Technology; Organizational Change and Adaptation; Communication; Entrepreneurship; Alignment; Innovation and Invention; Product Development
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  • 1985
  • Article

Executive Succession, Strategic Reorientation and Organization Evolution

By: Michael Tushman, B. Virany and E. Romanelli
Keywords: Management Succession; Strategy; Organizations
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  • July 1996
  • Article

Executive Succession, Strategic Reorientation and Performance Growth: A Longitudinal Study in the U.S. Cement Industry in Stable Environments

By: Michael Tushman and L. Rosenkopf
Keywords: Management; Strategy; Performance; Growth and Development; Information; Balance and Stability; Construction Industry; United States
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  • April 2002
  • Supplement

Cityspace: Product Demonstration and Reflections by Marc Meyohas, Founder

Consists of two parts. The first part shows a television commercial by NEC portraying the Cityspace information kiosks. This commercial was aired in the United Kingdom in 1998. The second part shows Marc Meyohas, founder of Cityspace, reflecting on the business model... View Details
Keywords: Business Model; Strategy; Entrepreneurship; United Kingdom
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  • January 2016 (Revised March 2016)
  • Case

Whither the Weather (Company): Forecasting 2016

By: Rosabeth Moss Kanter and Jonathan Cohen
CEO David Kenny led the transformation of the Weather Company from a television business to a Big Data technology company from 2012 until 2016, when IBM acquired its digital assets. This case discusses major decisions taken by Kenny starting in 2014 as he sought to... View Details
Keywords: Weather Company; IBM; Digital; Technology; David Kenny; Television; Weather Channel; Legacy Business; Mainstream; Newstream; Reorganization; Acquisitions; Transformation; Information Technology; Television Entertainment; Acquisition; Consolidation; Change; Leadership
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  • 25 Oct 2016
  • First Look

October 25, 2016

patent disclosures made to seven large SSOs and find results consistent with theoretical predictions. Download working paper: https://www.hbs.edu/faculty/Pages/item.aspx?num=51795 Pivoting Isn’t Enough: Principled Pragmatism and Strategic... View Details
Keywords: Sean Silverthorne
  • June 2012 (Revised August 2012)
  • Case

MF Global: Changing Stripes

By: Clayton Rose, Yasmin Dahya and Jenevieve Lee
Jon Corzine became the CEO of MF Global in March of 2010. Eighteen months later, and in the wake of a massive trade in European sovereign debt, the firm filed for bankruptcy, the 8th largest in U.S. history. As the firm failed it was discovered that over $1.6 billion... View Details
Keywords: Strategy; Leadership; Governance; Bankruptcy; Financial Firms; Financial Crisis; Brokerage; Asset Management; Sovereign Finance; Insolvency and Bankruptcy; Borrowing and Debt; Trade; Business Model
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  • 12 Mar 2019
  • First Look

New Research and Ideas, March 12, 2019

strategic reorientations, we conducted an inductive, comparative case of software-based financial advisors. The ventures pursued parallel reorientations and produced comparable end products but diverged... View Details
Keywords: Dina Gerdeman

    When It's Time to Pivot, What's Your Story?

    To succeed, a new company must rally investors, staff, customers, and the media around a good story. But often that narrative turns out to be wrong, and entrepreneurs realize they need to change direction. How that shift is communicated can have a huge impact on a... View Details

    • 15 Sep 2008
    • Research & Ideas

    The Coming Transformation of Social Enterprise

    of where markets have failed, the idea of venture philanthropy clicking is a little hard for me to buy into. Venture philanthropy has to come of age and reorient itself by defining what measures of social return it is looking for. In some... View Details
    Keywords: by Roger Thompson
    • 21 Nov 2023
    • Research & Ideas

    Employee Negativity Is Like Wildfire. Manage It Before It Spreads.

    explores how emotions intensify within groups and uncovers ways that leaders can reorient the negative feelings of employees, shareholders, and other stakeholders to help them work toward a positive purpose. For example, if employees are... View Details
    Keywords: by Kristen Senz
    • 26 Apr 2016
    • First Look

    April 26

    taken by Kenny starting in 2014 as he sought to reorient the company amidst changes in media, digital, and mobile technologies. Kenny balances promoting new stream digital business growth with managing difficult legacy television industry... View Details
    Keywords: Sean Silverthorne
    • 06 Oct 2020
    • Sharpening Your Skills

    18 Tips Managers Can Use to Lead Through COVID's Rising Waters

    reorient based on the new realities. While team launches set the course of a group at the moment it comes together, relaunches act as resets. The COVID-19 pandemic upending routines calls for relaunches to help leaders and team members... View Details
    Keywords: by Sean Silverthorne
    • 27 Feb 2017
    • Research & Ideas

    Reputation is Vital to Survival in Turbulent Markets

    makes it valuable to firms during both positive and negative economic cycles. Very few strategic constructs can work in both good times and bad. “Considering that the company had already secured some success, we set out to find the... View Details
    Keywords: by Sean Silverthorne
    • 11 Sep 2006
    • Research & Ideas

    Negotiating When the Rules Suddenly Change

    less helpful if you don't know whether your options will get better or worse. It pays to look for strategic insight from contexts where uncertainty, risk, and change are the only constants. Military science, in particular, offers powerful... View Details
    Keywords: by Michael Wheeler; Sports
    • 06 Mar 2007
    • First Look

    First Look: March 6, 2007

    designed to enhance safety and effectiveness had the unintended effect of changing how men enacted their masculine identities at work. Interview and participant observation data show that the major reorientation was away from seeking to... View Details
    Keywords: Martha Lagace
    • 01 Jun 2008
    • News

    Kash Rangan

    a realistic view of the work of nonprofits in general. If you look at social service organizations working at the cutting edge of where markets have failed, the idea of venture philanthropy clicking is a little hard for me to buy into. Venture philanthropy has to come... View Details
    Keywords: Roger Thompson; Finance
    • 01 Sep 2016
    • News

    Alumni and Faculty Books for September 2016

    an engaged workforce and a strong capacity for change. Turco was embedded within TechCo for ten months, and this book is her ethnographic analysis of what worked at the company and what didn’t. China’s Next Strategic Advantage: From... View Details
    • 21 Aug 2012
    • First Look

    First Look: August 21

    prior to and following Corzine's arrival, and the strategic and managerial decisions taken by Corzine to reorient the firm. In addition, the sovereign debt trade, created to boost earnings, is described in... View Details
    Keywords: Sean Silverthorne