This website uses technical, customisation and analytical cookies, both first-party and third-party, to anonymously facilitate browsing and analyse statistics on use of the website. Learn more
Search results
-
Stop the Innovation Wars
Govindarajan, Vijay; Trimble, ChrisArticle HBS-R1007F-ESpecial teams dedicated to innovation initiatives inevitably run into conflict with the rest of the organization. The people responsible for ongoing operations view the innovators as undisciplined upstarts. The innovators dismiss the operations people as bureaucratic dinosaurs. It's natural to separate the two warring groups. But it's also dead wrong, say Tuck Business School's Govindarajan and Trimble. Nearly all innovation initiatives build on ...Starting at €8.20
-
Formalize the Experiment: How a Disciplined Learning Process Optimizes the Success of an Innovation Initiative
Govindarajan, Vijay; Trimble, ChrisBook Chapter HBS-7057BC-EInnovation initiatives require a far different approach from that of ongoing operations. Unfortunately, most companies-and their leaders-don't draw enough of a distinction between the two. In managing ongoing operations, leaders strive for performance discipline. For innovation initiatives, however, they ought to strive for disciplined experimentation. Indeed, all innovation initiatives, regardless of size, duration, or purpose, are, in essence, ...Starting at €8.20
-
Assemble the Dedicated Team: Seven Common Traps to Avoid When Building an Innovation Team
Govindarajan, Vijay; Trimble, ChrisBook Chapter HBS-7055BC-EIt's surprisingly easy for companies to stumble when they assemble a dedicated team to work on an innovation initiative. In this chapter, the authors suggest three initial steps: 1) Identify the skills you need; 2) Hire the best people you can find; and 3) Match the organizational model to the dedicated team's job. The authors then list the seven most common pitfalls innovation leaders are likely to encounter as they assemble their teams; for exa...Starting at €8.20
-
Divide the Labor: Forming a Successful Innovation Partnership Based on Effective Cross-Functional Relationships
Govindarajan, Vijay; Trimble, ChrisBook Chapter HBS-7054BC-EJust as there is a wide variety of innovation initiatives in organizations, there is a wide variety of teams that push them forward. But all these teams have something in common: They are internal partnerships. The two entities of the partnership are the Performance Engine (the organization's ongoing operations) and a Dedicated Team. The Dedicated Team consists of people who will work on the innovation initiative full time. The subset of Performa...Starting at €8.20
-
Making Innovation Happen: The Importance of a Custom Organizational Model and a Dedicated Project Plan
Govindarajan, Vijay; Trimble, ChrisBook Chapter HBS-7053BC-EMost well-managed companies are adept at two basic models for innovation execution: 1) The innovation = ideas + motivation formula, which can generate thousands of small initiatives but cannot support major projects, and 2) The innovation = ideas + process formula, which can efficiently crank out innovation after innovation, as long as each one is a repeat of a prior effort. In this chapter, the authors introduce the thesis of their book, which i...Starting at €8.20
-
Changing the Mind-Set: Organizing Your Business for Innovation in Emerging Markets
Govindarajan, Vijay; Trimble, ChrisBook Chapter HBS-9193BC-EChapter 3 of "Reverse Innovation: Create Far from Home, Win Everywhere" shows leaders how to reshape their global organizations to capitalize on the shift of innovation to the developing world. This chapter explains how to move the right people, resources, and power to those locations where growth is happening, as well as how to transition the organizational culture from "exporting to emerging markets" to "innovating for emerging markets." *About...Starting at €8.20
-
EMC Corporation, Planting Seeds: Preparing Your Company for Successful Innovation in Emerging Markets
Govindarajan, Vijay; Trimble, ChrisBook Chapter HBS-9201BC-EChapter 7 of "Reverse Innovation: Create Far from Home, Win Everywhere" introduces the first steps of organizational change necessary in order to capitalize on the shift of innovation to emerging markets. The chapter discusses the three steps behind the emerging-market innovation successes of EMC, a leading vendor of data-storage hardware, software, and services. *About the book:* A New York Times, Wall Street Journal, USA Today, Amazon, and Barn...Starting at €8.20
-
Changing the Management Model: Fostering Reverse Innovation Through Local Growth Teams
Govindarajan, Vijay; Trimble, ChrisBook Chapter HBS-9194BC-EChapter 4 of "Reverse Innovation: Create Far from Home, Win Everywhere" shows you how to pursue specific projects in order to capitalize on the global shift of innovation to the developing world and take advantage of the opportunities those innovations represent in the developed world. This chapter also explains the importance of "local growth teams" that can leverage global resources to create clean-slate innovations in emerging markets. The cha...Starting at €8.20
-
Break Down the Hypothesis: The Importance of the Hypothesis of Record in Evaluating the Progress of an Innovation Initiative
Govindarajan, Vijay; Trimble, ChrisBook Chapter HBS-7062BC-ESimple innovations-for example, to improve a process-often have just one unknown. Game-changing innovations, however, have several. That makes the learning challenge more complex. It becomes crucial to break down the hypothesis from an aggregate conjecture to the smaller assumptions that the larger goal depends on. In a best-case scenario, each unknown is isolated and separately tested in laboratory-like conditions. More often, though, the unknow...Starting at €8.20
-
Seek the Truth: How Emotions and Biases Can Distort Progress Evaluations of Innovation Initiatives-and How to Counteract Them
Govindarajan, Vijay; Trimble, ChrisBook Chapter HBS-7063BC-EInnovation is a risky business, fraught with the possibility of failure. In what the authors call the Moment of Truth, you evaluate the success-or failure-of your initiative. A simple innovation might have only one Moment of Truth, but for most initiatives, there are many. And each one is more than just a learning opportunity; it is a critical chance to alter the trajectory of the initiative and improve its odds of success. In this chapter, the a...Starting at €8.20