Ten Rules for Strategic Innovators

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Release : 2005-12-01
Genre : Business & Economics
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Book Rating : 084/5 ( reviews)

Ten Rules for Strategic Innovators - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Ten Rules for Strategic Innovators write by Vijay Govindarajan. This book was released on 2005-12-01. Ten Rules for Strategic Innovators available in PDF, EPUB and Kindle. Even world-class companies, with powerful and proven business models, eventually discover limits to growth. That's what makes emerging high-growth industries so attractive. Although they lack a proven formula for making a profit, these industries represent huge opportunities for the companies that are fast enough and smart enough. But constructing tomorrow's businesses while simultaneously sustaining excellence in today's, demands a delicate balance. It is a quest fraught with contradiction and paradox. Until now, there has been little practical guidance. Based on an in-depth, multiyear research study of innovative initiatives at ten large corporations, Vijay Govindarajan and Chris Trimble identify three central challenges: forgetting yesterday's successful processes and practices; borrowing selected resources from the core business; and learning how the new business can succeed. The authors make recommendations regarding staffing, leadership roles, reporting relationships, process design, planning, performance assessment, incentives, cultural norms, and much more. Breakthrough growth opportunities can make or break companies and careers. Ten Rules for Strategic Innovators is every leader's guide to execution in unexplored territory.

The Other Side of Innovation

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Release : 2010-09-02
Genre : Business & Economics
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Book Rating : 303/5 ( reviews)

The Other Side of Innovation - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Other Side of Innovation write by Vijay Govindarajan. This book was released on 2010-09-02. The Other Side of Innovation available in PDF, EPUB and Kindle. In their first book, Ten Rules for Strategic Innovators, the authors provided a better model for executing disruptive innovation. They laid out a three-part plan for launching high-risk/high-reward innovation efforts: (1) borrow assets from the existing firms, (2) unlearn and unload certain processes and systems that do not serve the new entity, and (3) learn and build all new capabilities and skills. In their study of the Ten Rules in action, Govindarajan and Trimble observed many other kinds of innovation that were less risky but still critical to the company's ongoing success. In case after case, senior executives expected leaders of innovation initiatives to grapple with forces of resistence, namely incentives to keep doing what the company has always done--rather than develop new competence and knowledge. But where to begin? In this book, the authors argue that the most successful everyday innovators break down the process into six manageable steps: 1. Divide the labor 2. Assemble the dedicated team 3. Manage the partnership 4. Formalize the experiment 5. Break down the hypothesis 6. Seek the truth. The Other Side of Innovation codifies this staged approach in a variety of contexts. It delivers a proven step-by-step guide to executing (launching, managing, and measuring) more modest but necessary innovations within large firms without disrupting their bread-and-butter business.

Ten Rules For Strategic Innovators: From Idea To Execution

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Release : 2007
Genre : Creative ability in business
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Book Rating : 584/5 ( reviews)

Ten Rules For Strategic Innovators: From Idea To Execution - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Ten Rules For Strategic Innovators: From Idea To Execution write by Vijay Govindarajan. This book was released on 2007. Ten Rules For Strategic Innovators: From Idea To Execution available in PDF, EPUB and Kindle.

The Three-Box Solution

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Release : 2016-04-26
Genre : Business & Economics
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Book Rating : 156/5 ( reviews)

The Three-Box Solution - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Three-Box Solution write by Vijay Govindarajan. This book was released on 2016-04-26. The Three-Box Solution available in PDF, EPUB and Kindle. How to Innovate and Execute Leaders already know that innovation calls for a different set of activities, skills, methods, metrics, mind-sets, and leadership approaches. And it is well understood that creating a new business and optimizing an already existing one are two fundamentally different management challenges. The real problem for leaders is doing both, simultaneously. How do you meet the performance requirements of the existing business—one that is still thriving—while dramatically reinventing it? How do you envision a change in your current business model before a crisis forces you to abandon it? Innovation guru Vijay Govindarajan expands the leader’s innovation tool kit with a simple and proven method for allocating the organization’s energy, time, and resources—in balanced measure—across what he calls “the three boxes”: • Box 1: The present—Manage the core business at peak profitability • Box 2: The past—Abandon ideas, practices, and attitudes that could inhibit innovation • Box 3: The future—Convert breakthrough ideas into new products and businesses The three-box framework makes leading innovation easier because it gives leaders a simple vocabulary and set of tools for managing and measuring these different sets of behaviors and activities across all levels of the organization. Supported with rich company examples—GE, Mahindra & Mahindra, Hasbro, IBM, United Rentals, and Tata Consultancy Services—and testimonies of leaders who have successfully used this framework, this book solves once and for all the practical dilemma of how to align an organization on the critical but competing demands of innovation.

Out-Innovate

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Release : 2020-04-07
Genre : Business & Economics
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Book Rating : 592/5 ( reviews)

Out-Innovate - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Out-Innovate write by Alexandre "Alex" Lazarow. This book was released on 2020-04-07. Out-Innovate available in PDF, EPUB and Kindle. The new playbook for innovation and startup success is emerging from beyond Silicon Valley--at the "frontier." Startups have changed the world. In the United States, many startups, such as Tesla, Apple, and Amazon, have become household names. The economic value of startups has doubled since 1992 and is projected to double again in the next fifteen years. For decades, the hot center of this phenomenon has been Silicon Valley. This is changing fast. Thanks to technology, startups are now taking root everywhere, from Delhi to Detroit to Nairobi to Sao Paulo. Yet despite this globalization of startup activity, our knowledge of how to build successful startups is still drawn primarily from Silicon Valley. As venture capitalist Alexandre Lazarow shows in this insightful and instructive book, this Silicon Valley "gospel" is due for a refresh--and it comes from what he calls the "frontier," the growing constellation of startup ecosystems, outside of the Valley and other major economic centers, that now stretches across the globe. The frontier is a truly different world where startups often must cope with political or economic instability and lack of infrastructure, and where there might be little or no access to angel investors, venture capitalists, or experienced employee pools. Under such conditions, entrepreneurs must be creators who build industries rather than disruptors who change them because there are few existing businesses to disrupt. The companies they create must be global from birth because local markets are too small. They focus on resiliency and sustainability rather than unicorn-style growth at any cost. With rich and wide-ranging stories of frontier innovators from around the world, Out-Innovate is the new playbook for innovation--wherever it has the potential to happen.