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Ten Rules for Strategic Innovators: From Idea to Execution By : Vijay Govindarajan

Ten Rules for Strategic Innovators: From Idea to Execution
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  • Author: Vijay Govindarajan
    Publication Date: 01/01/2008
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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.

Book Details

Number of Pages: 100 Pages
Bar Code: 9781422110584
Publisher:
Book
What's in the Box? 1 x Ten Rules for Strategic Innovators: From Idea to Execution

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