Purpose – Organizations intent on driving profitable growth recognize they need innovation, but most measures of innovation are incomplete, focusing only on R&D or new product development. This paper suggests an alternative, enterprise‐level measure that reflects the broadest definition of...

Most executives are well aware of the acceleration in the pace of business, and they want to know what to do about it. The authors talked with executives in 40 companies about how they are dealing with this issue and identified five business‐model myths that are holding these firms back....

Outsourcing is rapidly evolving beyond the simple reengineering of support processes. For many companies, outsourcing partnerships are being used to achieve rapid, sustainable improvement in enterprise‐level performance. More specifically, in addition to the baseline value of reducing costs...

This article demonstrates how a few leading edge companies have successfully implemented an outsourcing strategy to drive radical change and enterprise transformation. A strategy of transformational outsourcing seeks a rapid, sustainable, step‐change improvement in enterprise‐level...

Purpose – Evaluating the potential payoff of an individual project in a portfolio, especially an innovative product development initiative, is a chronic problem with no satisfying solution. Because the commonly used tools to measure such opportunities provide limited insights, executives need...