Intended Consequences: How to Build Market-Leading Companies with Responsible Innovation

Intended Consequences: How to Build Market-Leading Companies with Responsible Innovation

Author: Hemant Taneja

Publisher: McGraw Hill Professional

Published: 2022-01-25

Total Pages: 209

ISBN-13: 1264285507

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WALL STREET JOURNAL BESTSELLER A pioneering venture capitalist provides an actionable framework for founders and executives to create innovative, enduring companies built for growth and for societal good. The Milton Friedman philosophy that companies exist only to increase shareholder value is dead and buried. The old Silicon Valley tenets of “move fast and break things,” minimum viable products, and hyper engagement at any cost must be replaced with new principles for an era of responsible innovation. We can no longer manage businesses solely for growth. With innovation comes responsibility: to generate returns beyond profits and to recenter technology as a force for good in the world. This requires a shift in the way organizations approach and value work. A company’s mindset—its intent to do good, avoid harmful consequences, and innovate responsibly—is not enough. That mindset must be supported by a business model, a mechanism that leaders must intentionally and proactively build along with the company from the ground up, one that incentivizes and rewards the organization for fulfilling its intentions. Companies need a new set of KCIs, or key consequence indicators, that measure factors such as its impact on customers’ energy consumption, whether its product is being used equally across socioeconomic groups, or if it is actually solving the social problem it is addressing. Not only is this the right thing to do—increasingly, it is what customers, employees, and shareholders demand of business. In this inspiring, practical, and actionable guide, Hemant Taneja: lays out the argument for why a new model of company building and leadership is necessary—and how it can lead to better performance explores why social-good businesses are some of the greatest opportunities today, detailing examples of billion-dollar startups that are addressing inequality, climate change, systemic societal problems, and chronic disease—all while generating profit and positive shareholder returns presents a topic-by-topic road map that addresses business models, artificial intelligence, ethical growth, culture, governance, and good citizenship Intended Consequences is designed as the ultimate playbook for founders, entrepreneurs, leadership teams, and investors on how to build and maintain a responsible innovation company.


Unscaled

Unscaled

Author: Hemant Taneja

Publisher: PublicAffairs

Published: 2018-03-27

Total Pages: 250

ISBN-13: 1610398130

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Unscaled identifies the forces that are reshaping the global economy and turning one of the fundamental laws of business and society -- the economies of scale -- on its head. An innovative trend combining technology with economics is unraveling behemoth industries -- including corporations, banks, farms, media conglomerates, energy systems, governments, and schools-that have long dominated business and society. Size and scale have become a liability. A new generation of upstarts is using artificial intelligence to automate tasks that once required expensive investment, and "renting" technology platforms to build businesses for hyper-focused markets, enabling them to grow big without the bloat of giant organizations. In Unscaled, venture capitalist Hemant Taneja explains how the unscaled phenomenon allowed Warby Parker to cheaply and easily start a small company, build a better product, and become a global competitor in no time, upending entrenched eyewear giant Luxottica. It similarly enabled Stripe to take on established payment processors throughout the world, and Livongo to help diabetics control their disease while simultaneously cutting the cost of treatment. The unscaled economy is remaking massive, deeply rooted industries and opening up fantastic possibilities for entrepreneurs, imaginative companies, and resourceful individuals. It can be the model for solving some of the world's greatest problems, including climate change and soaring health-care costs, but will also unleash new challenges that today's leaders must address.


Making the World Work Better

Making the World Work Better

Author: Kevin Maney

Publisher: Pearson Education

Published: 2011-06-10

Total Pages: 495

ISBN-13: 0132755130

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Thomas J Watson Sr’s motto for IBM was THINK, and for more than a century, that one little word worked overtime. In Making the World Work Better: The Ideas That Shaped a Century and a Company, journalists Kevin Maney, Steve Hamm, and Jeffrey M. O’Brien mark the Centennial of IBM’s founding by examining how IBM has distinctly contributed to the evolution of technology and the modern corporation over the past 100 years. The authors offer a fresh analysis through interviews of many key figures, chronicling the Nobel Prize-winning work of the company’s research laboratories and uncovering rich archival material, including hundreds of vintage photographs and drawings. The book recounts the company’s missteps, as well as its successes. It captures moments of high drama – from the bet-the-business gamble on the legendary System/360 in the 1960s to the turnaround from the company’s near-death experience in the early 1990s. The authors have shaped a narrative of discoveries, struggles, individual insights and lasting impact on technology, business and society. Taken together, their essays reveal a distinctive mindset and organizational culture, animated by a deeply held commitment to the hard work of progress. IBM engineers and scientists invented many of the building blocks of modern information technology, including the memory chip, the disk drive, the scanning tunneling microscope (essential to nanotechnology) and even new fields of mathematics. IBM brought the punch-card tabulator, the mainframe and the personal computer into the mainstream of business and modern life. IBM was the first large American company to pay all employees salaries rather than hourly wages, an early champion of hiring women and minorities and a pioneer of new approaches to doing business--with its model of the globally integrated enterprise. And it has had a lasting impact on the course of society from enabling the US Social Security System, to the space program, to airline reservations, modern banking and retail, to many of the ways our world today works. The lessons for all businesses – indeed, all institutions – are powerful: To survive and succeed over a long period, you have to anticipate change and to be willing and able to continually transform. But while change happens, progress is deliberate. IBM – deliberately led by a pioneering culture and grounded in a set of core ideas – came into being, grew, thrived, nearly died, transformed itself... and is now charting a new path forward for its second century toward a perhaps surprising future on a planetary scale.


Responsible Innovation

Responsible Innovation

Author: Richard Owen

Publisher: John Wiley & Sons

Published: 2013-03-21

Total Pages: 361

ISBN-13: 1118551400

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Science and innovation have the power to transform our lives and the world we live in - for better or worse – in ways that often transcend borders and generations: from the innovation of complex financial products that played such an important role in the recent financial crisis to current proposals to intentionally engineer our Earth’s climate. The promise of science and innovation brings with it ethical dilemmas and impacts which are often uncertain and unpredictable: it is often only once these have emerged that we feel able to control them. How do we undertake science and innovation responsibly under such conditions, towards not only socially acceptable, but socially desirable goals and in a way that is democratic, equitable and sustainable? Responsible innovation challenges us all to think about our responsibilities for the future, as scientists, innovators and citizens, and to act upon these. This book begins with a description of the current landscape of innovation and in subsequent chapters offers perspectives on the emerging concept of responsible innovation and its historical foundations, including key elements of a responsible innovation approach and examples of practical implementation. Written in a constructive and accessible way, Responsible Innovation includes chapters on: Innovation and its management in the 21st century A vision and framework for responsible innovation Concepts of future-oriented responsibility as an underpinning philosophy Values – sensitive design Key themes of anticipation, reflection, deliberation and responsiveness Multi – level governance and regulation Perspectives on responsible innovation in finance, ICT, geoengineering and nanotechnology Essentially multidisciplinary in nature, this landmark text combines research from the fields of science and technology studies, philosophy, innovation governance, business studies and beyond to address the question, “How do we ensure the responsible emergence of science and innovation in society?”


Play Bigger

Play Bigger

Author: Al Ramadan

Publisher: HarperCollins

Published: 2016-06-14

Total Pages: 202

ISBN-13: 0062407627

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The founders of a respected Silicon Valley advisory firm study legendary category-creating companies and reveal a groundbreaking discipline called category design. Winning today isn’t about beating the competition at the old game. It’s about inventing a whole new game—defining a new market category, developing it, and dominating it over time. You can’t build a legendary company without building a legendary category. If you think that having the best product is all it takes to win, you’re going to lose. In this farsighted, pioneering guide, the founders of Silicon Valley advisory firm Play Bigger rely on data analysis and interviews to understand the inner workings of “category kings”— companies such as Amazon, Salesforce, Uber, and IKEA—that give us new ways of living, thinking or doing business, often solving problems we didn’t know we had. In Play Bigger, the authors assemble their findings to introduce the new discipline of category design. By applying category design, companies can create new demand where none existed, conditioning customers’ brains so they change their expectations and buying habits. While this discipline defines the tech industry, it applies to every kind of industry and even to personal careers. Crossing the Chasm revolutionized how we think about new products in an existing market. The Innovator’s Dilemma taught us about disrupting an aging market. Now, Play Bigger is transforming business once again, showing us how to create the market itself.


Goal Setting for Entrepreneurship

Goal Setting for Entrepreneurship

Author: Timothy Presley

Publisher: Cristopher Rivera

Published: 2021-03-10

Total Pages: 34

ISBN-13:

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Imagine how satisfying it would be to build a successful business from scratch! Studies show that almost 50% of Start-ups fail within the first 5 years. There may be many reasons behind it. For instance: lack of market research, bad product ideas, financial problems, and so on. Successful entrepreneurs' number one priority is given to setting up their business goals because, without having a proper goal, you will be unfocused and totally lost in your business venture. . In this book, we cover the core fundamentals that all debutant entrepreneurs need to know about setting and achieving their goals. This comprehensive guide will take you through the process of understanding your goals and setting up the process in simple steps that successful entrepreneurs adopted to nurture the mindset, skills, and qualities in setting up powerful and effective goals while starting their business. Download: Goal Setting for Entrepreneurship: The Beginners Guide for Setting Up a Business Plan, Achieving Your Business Goals, and Developing an Successful Entrepreneur Mindset Inside You Will Discover... *Crucial questions to ask before you set your goals *Understanding the rules of setting goals *Setting Powerful & Effective goals in simple steps *Points you should include in your goal-setting process *Norms for setting Short, Mid, and Long-Term goals for your business *Practical ways to achieve your goals through Visualization Techniques *Unique techniques to use Goal Setting Tools for your business *Plus much, much, more! You will navigate through some distinctive practical steps to achieve your goals which will make this guide an exceptional blueprint on your path to entrepreneurial success. The unique visualization techniques depicted in this book will assist you in your journey of starting your first business or life journey. The goal-setting ideas given in this book are worth pursuing and it has the potential to bring your business dreams to a promising reality. Click “BUY NOW” at the top of the page, and instantly Download: Goal Setting for Entrepreneurship: The Beginners Guide for Setting Up a Business Plan, Achieving Your Business Goals, and Developing a Successful Entrepreneur Mindset


Trade-Off

Trade-Off

Author: Kevin Maney

Publisher: Currency

Published: 2010-08-17

Total Pages: 242

ISBN-13: 0385525958

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A Fresh and Important New Way to Understand Why We Buy Why did the RAZR ultimately ruin Motorola? Why does Wal-Mart dominate rural and suburban areas but falter in large cities? Why did Starbucks stumble just when it seemed unstoppable? The answer lies in the ever-present tension between fidelity (the quality of a consumer’s experience) and convenience (the ease of getting and paying for a product). In Trade-Off, Kevin Maney shows how these conflicting forces determine the success, or failure, of new products and services in the marketplace. He shows that almost every decision we make as consumers involves a trade-off between fidelity and convenience–between the products we love and the products we need. Rock stars sell out concerts because the experience is high in fidelity-–it can’t be replicated in any other way, and because of that, we are willing to suffer inconvenience for the experience. In contrast, a downloaded MP3 of a song is low in fidelity, but consumers buy music online because it’s superconvenient. Products that are at one extreme or the other–those that are high in fidelity or high in convenience–-tend to be successful. The things that fall into the middle-–products or services that have moderate fidelity and convenience-–fail to win an enthusiastic audience. Using examples from Amazon and Disney to People Express and the invention of the ATM, Maney demonstrates that the most successful companies skew their offerings to either one extreme or the other-–fidelity or convenience-–in shaping products and building brands.


FINANCIAL ACCOUNTING FOR EXECUTIVE MBA

FINANCIAL ACCOUNTING FOR EXECUTIVE MBA

Author: Lucky Yona

Publisher: AuthorHouse

Published: 2013-01-04

Total Pages: 332

ISBN-13: 1481780115

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This book is intended to be used as a textbook in Financial Accounting for Executive MBA’s candidates. This book has simplified the subject matter and gives understanding that can be easily applied by Executives as they try to manage their organizations. The author believes that this book will meet the needs of Executives who study Financial Accounting as a module in their course. The book is presented in a simple language which will make the subject not only interesting but also enjoyable for the learners.