The world’s rapidly growing megacities represent significant opportunities for companies seeking new markets and justify a unique approach to an important source of potential growth. In this article, Jennifer Lacks Kaplan and Mark Pocharski explain what it takes for companies to build winning strategies to take advantage of this growth opportunity.

Pedro Arboleda, a partner at Monitor, writes in the ABC newspaper of Madrid, that commercially-effective innovation requires a clear alignment of interests among people critical to the innovation process—scientists, entrepreneurs, financiers, managers, and even politicians—all of whom provide the necessary ingredients for the special innovation “sauce” to have a viable life in the marketplace.

In this article, Adam Greenberg and Romney Resney outline how biopharma executives can respond to intense market pressures and changing business dynamics by redefining their therapeutic area strategies to include a mixture of approaches: diagnostics to identify promising treatments; drug delivery technologies to differentiate offerings; and remote patient monitoring technologies.

In this feature article "Shotgun Blues" from The Conference Board Review, Monitor's Bansi Nagji and Brian Quinn explain how corporate leaders can set a course to innovate in their organizations and industries to unlock value and create new opportunities for growth.

In this article adapted from the authors’ new book, The Strategy and Tactics of Pricing (Prentice Hall, 2010), coauthors Thomas T. Nagle, Joseph Zale and John Hogan explore how executives can create pricing policies that lead to profitable and productive customer relationships.

In this webcast presentation, experts from Monitor share specific insights gained from 25 years of experience helping executives lead major transformations in their organizations. Experts explain the critical enablers of successful transformation and the barriers that every leader must anticipate and confront. And they will explain why speed is essential to execute bold new ideas that create lasting impact.

A business environment in which carbon emissions carry new costs creates a different competitive context. To succeed in this new environment, companies must reevaluate their core strategic choices, rethink their critical sources of competitive advantage and invest in new capabilities.

In this Harvard Business Review cover article, Robert H. Miles, a senior adviser to Monitor, outlines six organizational problems which can slow corporate change, and explains how to attack them sequentially.

In this video Eamonn Kelly outlines four key discontinuities driving global change and identifies how leaders can take action to gain competitive advantage. It is part of a special series explaining how leaders can seize opportunities during tumultuous times.

Companies need to look beyond their walls to compete in these tumultuous times. Open innovation can help businesses more reliably discover new ideas, but they need discipline to pursue the right opportunities with the right approaches. Read more and see other articles in our series.