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The Evolutionary Nature of Breakthrough Innovation: Re-Evaluating the Exploration vs. Exploitation Dichotomy

by Dominika K. Sarnecka and Gary P. Pisano

Analyzing more than 2,500 firm-level innovation histories spanning 30 years, this study shows that breakthrough innovation requires organizational capabilities for both exploration and exploitation. Managers should therefore question the frequent advice to put exploration- and exploitation-related innovative efforts into different organizational units.

Solving the Riddle of How Companies Grow Over Time

by Michael Blanding

Can company growth rates persist over long periods of time? A new study of long-lasting enterprises might make CEOs rethink their strategies, says Gary Pisano. Open for comment; 0 Comments.

These Aren't Beach Books, but Managers Should Read Them Anyway

by Sean Silverthorne

As you contemplate your summer reading, consider these recent books from Harvard Business School management scholars that can boost your career and improve on-the-ground management skills. Open for comment; 0 Comments.

How Big Companies Can Outrun Disruption

by Martha Lagace

Large companies can be easy targets for disruption, but Gary Pisano says there are steps that can keep them ahead of the innovation curve. Rule 1: Don't emulate startup cultures. Open for comment; 0 Comments.

Marketplace Scalability and Strategic Use of Platform Investment

by Jin Li, Gary P. Pisano, and Feng Zhu

One well-known feature of marketplace platforms like Airbnb and eBay is their scalability. This paper identifies the strategic trade-off and implications for scalability when a platform provides services to existing and potential sellers that help reduce their fixed costs of running the business. Timing this investment is an important consideration for maximizing marketplace scalability.

Honda Created a Civic for Very Light Jets. How High Will It Fly?

Re: Gary P. Pisano

After thirty years of research and development, HondaJet is finally in the air and winning its market. Gary Pisano discusses how Honda moved from cars and lawn mowers to multimillion-dollar private aircraft. Open for comment; 0 Comments.

Pal's Sudden Service: Taking Fast Food to the Next Level

Re: Gary P. Pisano

Pal's Sudden Service hamburger chain has a remarkable operating model and organizational culture unique in the fast food industry. Can Pal's maintain its high quality and happy employees if it expands? Gary Pisano discusses the company’s strategic challenge. Open for comment; 0 Comments.

10 Harvard Business School Research Stories That Will Make Your Mouth Water

by Sean Silverthorne

The food industry is under intense study at Harvard Business School. This story sampler looks at issues including restaurant marketing, chefs as CEOs, and the business of food science. Open for comment; 0 Comments.

Foreign Competition and Domestic Innovation: Evidence from US Patents

by David Autor, David Dorn, Gordon H. Hanson, Pian Shu and Gary Pisano

US firms in industries exposed to greater change in import competition from China have suffered worse growth in patenting and R&D spending than firms in industries exposed to less change in Chinese competition.

Sharpening Your Skills: Making a Fast Start on a New Job

by Sean Silverthorne

Everyone has to begin a new job—even presidents! We look to the archives for what Harvard Business School experts have recommended for making a splashy start. Open for comment; 0 Comments.

Towards a Prescriptive Theory of Dynamic Capabilities: Connecting Strategic Choice, Learning, and Competition

by Gary P. Pisano

This paper explore how firms’ choices about capability investments shape competitive outcomes. In essence, while general-purpose management capabilities rooted in such activities as quality management systems and corporate governance may contribute to performance differences across firms, firms also need to develop market-specific capabilities to compete. It is also crucial to manage two types of uncertainty: supply side uncertainty to create new capabilities and demand side uncertainty about the value of those capabilities.

Neurodiversity: The Benefits of Recruiting Employees with Cognitive Disabilities

by Roberta Holland

Employers are increasingly finding fresh ideas and insights by recruiting workers with Autism Spectrum Disorder and other cognitive disabilities. Gary Pisano and Robert Austin discuss their case study, “SAP SE: Autism at Work.” Open for comment; 0 Comments.

A Normative Theory of Dynamic Capabilities: Connecting Strategy, Know-How, and Competition

by Gary P. Pisano

Gary Pisano examines how companies compete on "know how" by analyzing how they invest in different capabilities.

Globalization Hasn’t Killed the Manufacturing Cluster

by Roberta Holland

In today's global markets, companies have many choices to procure what they need to develop, build, and sell product. So who needs a manufacturing cluster, such as Detroit? Research by Gary Pisano and Giulio Buciuni shows that in some industries, location still matters. Open for comment; 0 Comments.

Can Marshall’s Clusters Survive Globalization?

by Giulio Buciuni & Gary P. Pisano

When and why do manufacturing clusters survive globalization? According to case studies and analysis contained in this paper, 1) cluster decline is not an inevitable consequence of globalization, yet 2) once an industrial commons has eroded and a supply chain has disaggregated, it is very difficult to rebuild. Among the managerial implications of this research, managers needing to make long-term commitments toward supply chain configurations can be helped by understanding how location matters to manufacturing performance. Closed for comment; 0 Comments.

Reflecting on Work Improves Job Performance

by Carmen Nobel

New research by Francesca Gino, Gary Pisano, and colleagues shows that taking time to reflect on our work improves job performance in the long run. Open for comment; 0 Comments.

Learning By Thinking: How Reflection Improves Performance

by Giada Di Stefano, Francesca Gino, Gary Pisano & Bradley Staats

Knowledge plays an important role in the productivity and prosperity of economies, organizations, and individuals. Even so, research on learning has primarily focused on the role of doing (experience) in fostering progress over time. To compare the effectiveness of different sources of learning, the authors take a micro approach and study learning at the individual level. They argue that learning from direct experience can be more effective if coupled with reflection—that is, the intentional attempt to synthesize, abstract, and articulate the key lessons taught by experience. Using a mixed-method approach that combines laboratory experiments and a field study in a large business process outsourcing company in India, they find support for this prediction. Further, they find that the effect of reflection on learning is mediated by greater perceived ability to achieve a goal (i.e., self-efficacy). Together, these results reveal reflection to be a powerful mechanism behind learning, confirming the words of American philosopher, psychologist, and educational reformer John Dewey: "We do not learn from experience ... we learn from reflecting on experience." Key concepts include: Learning from direct experience can be more effective if coupled with reflection-that is, the intentional attempt to synthesize, abstract, and articulate the key lessons taught by experience. Reflecting on what has been learned makes experience more productive. Reflection builds one's confidence in the ability to achieve a goal (i.e., self-efficacy), which in turn translates into higher rates of learning. Closed for comment; 0 Comments.

D’O: Making a Michelin-Starred Restaurant Affordable

by Carmen Nobel & Joanie Tobin

Under the leadership of Chef Davide Oldani, the Italian restaurant D'O balances Michelin-star-level quality with affordable prices. In the following story and video, Professor Gary Pisano explains how Oldani does it. Open for comment; 0 Comments.

Making America an Industrial Powerhouse Again

by Gary Pisano

President Obama's funding of the National Network of Manufacturing Innovation is a needed step to get the country building again, says Professor Gary Pisano. Closed for comment; 0 Comments.

America Needs a Manufacturing Renaissance

by Gary P. Pisano & Willy C. Shih

In their new book, Producing Prosperity: Why America Needs a Manufacturing Renaissance, Harvard Business School professors Gary P. Pisano and Willy C. Shih discuss the dangers of underinvesting in the nation's manufacturing capabilities. This excerpt discusses the importance of the "industrial commons." Closed for comment; 0 Comments.