The current OpenJDK 26 is strategically important and not only brings exciting innovations but also eliminates legacy issues like the outdated Applet API.

The Oracle Java Runtime Environment (JRE) is a set of software tools for development of Java applications. It combines the Java Virtual Machine (JVM), platform core classes and supporting libraries.

♦ UPDATE: Learn about companies that are applying this timeless advice today. A version of this article appeared in the July–August 2008 issue of Harvard Business Review. James L. Heskett is a Baker ...