As president of the world’s largest elevator company, Otis Elevator Co.’s Judy Marks knows that standing pat isn’t an option—especially for an industry leader.
Every time an organization successfully leaps into a new knowledge base, the CEO and senior leaders need to go beyond formulating a strategy and should get their hands dirty during its implementation.
A New York-based medical device maker, PAVmed is using innovative technologies and a unique business model to bring products to market more quickly and for much less cost. But the model could apply to almost any business.
Long-time CEOs looking for a second act in their business lives often tell me that they are toying with the idea of entrepreneurship but hesitate to make the leap. Here's why you have more advantages than anyone else.
By 2050, there will be 9.1B people inhabiting our earth. This means farmers will need a lot of help from their science and technology partners to create efficiency, improve yield and develop new opportunities.
Across the globe, one business challenge has the ear of CEOs like few others: innovation.
Last week, the company reportedly fired several hundred employees— across the personnel matrix—for poor performance. What does that say about Tesla?
As with insurance and telecommunications, the closely related defense and aerospace industries are grappling to find ways to spur greater innovation.
Companies must be agile, creative and super-responsive to survive. However, simply spouting the directive doesn’t work.
In taking stock of potentially disruptive technologies, CEOs need to stop denying reality and be ready—really ready—for the future.