About 95 percent of new products fail. The problem often is that their creators are using an ineffective market segmentation mechanism, according to HBS professor Clayton Christensen. It's time for companies to look at products the way customers do: as a way to get a job done.
It’s no secret that the growing Hispanic population in the United States is having a huge impact on this country. Tomorrow’s markets will present CPG companies with exciting new challenges in addressing the new American consumer. CEOs of consumer products companies should be ready.
If you’ve been shaking your head in disbelief or resignation about the domestic violence headlines that have dominated media coverage of the National Football League in recent weeks, you’re not alone.
Apparently, the U.S. government is now on a mission to bring down mobile applications offering spyware services -- which, for a variety of well-documented reasons, simply seems kind of ironic.
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Wal-Mart Stores Inc. named Instagram Chief Executive Kevin Systrom to its board Monday in a bid to expand its technology expertise to better compete with web rivals like Amazon.
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Scott Brubaker, 43, managing director at Alvarez & Marsal, a firm that specializes in turnarounds and restructuring, was named as interim CEO, American Apparel announced Monday.
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John Chambers, CEO of Cisco Systems, missed his performance goals and got his pay cut. While this is shocking only to C-level executives, a recent study shows that cutting CEO pay may not have the effect on performance that it’s supposed to have.
Most executives (87.8 percent) expect the U.S. economy to grow in 2015, according to a recent Deloitte poll. Increased corporate capital investments are expected to have the biggest positive impact on the U.S. economy in 2015 (24 percent) and M&A activity is expected to increase (47.3 percent).
The general rule of business is to control costs, increase revenues, and maximize profit. Simple, but difficult to implement in weak economic times as well as in recovering economic times, such as we are experiencing now in the United States.
The post Want to Reduce Business Costs? Here Are 10 Areas to Start With appeared first on ChiefExecutive.net | Chief Executive magazine.
Pharmaceutical giant Allergan has leased 90,000 square in North Austin, Texas.
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The majority of businesses favor raising the minimum wage, saying it would raise the standard of living among their employees and give the companies a better chance to hold on to their workers, new research from CareerBuilder finds.
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At the foundation of many business empires is a well-stocked library. From Warren Buffet to Donald Trump and Bill Gates, the world's best business brains have been inspired and transformed by books that not only address the business of making money, but of managing time, ethics and morality in business.
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The need for more innovation is clear to manufacturing CEOs, with business chiefs in a recent KPMG survey identifying innovation as the key differentiating factor to improve year-over-year growth and profitability.
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Everyone is talking about reshoring these days. Last week, there was an entire conference dedicated to the subject at Mississippi State University. In attendance was the Mississippi Merchandise Manager for Walmart, who said, “We have made the commitment that in the next 10 years, we are going to purchase an additional $250 billion of U.S. manufactured goods.”
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Factory equipment is becoming increasingly Internet-enabled (part of the much referenced “Internet of Things” or “IoT”), and digital technology is helping engineers improve turnaround and uptime, while giving companies more tools to improve delivery time forecasting and saving hundreds of thousands of dollars in production waste, loss productivity and energy.
Toyota defined the electric-vehicle market with the Prius hybrid when the company introduced the car to the United States in 2001. But now it’s Tesla that sets the pace in the global electrified-vehicle market, and Prius sales actually are falling.
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CEOs on the ground floor of American manufacturing are growing increasingly optimistic as they see the U.S. economic recovery beginning to attain firmer ground, and the incremental improvement is resulting in stronger projections for sales of factory equipment as a result.
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As CEO of OpenTable, Matthew Roberts led the dining reservations’ company through a 2009 IPO, its $2.6 billion sale to the Priceline Group in July, and now he’s helping to orchestrate the company’s expansion from a primarily local-oriented restaurant-transactions company into a global dining experiences company that hopes to be front of mind for travelers in the U.S. and internationally.
What if you could hire one of America's greatest business leaders from any time period? Would it be a successful self-made entrepreneur, or maybe a former U.S. president? That was the question Austin Business Journal posed to the 2014 Best CEO award winners, who were honored at an awards ceremony Sept. 28 at the Driskill Hotel.
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