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Other Side of Innovation Solving the Execution Challenge

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ISBN-10: 1422166961

ISBN-13: 9781422166963

Edition: 2010

Authors: Vijay Govindarajan, Chris Trimble

List price: $19.99
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Book details

List price: $19.99
Copyright year: 2010
Publisher: Harvard Business Review Press
Publication date: 8/1/2010
Binding: Hardcover
Pages: 240
Size: 6.50" wide x 9.50" long x 1.00" tall
Weight: 1.188
Language: English

Vijay Govindarajan received his Ph.D. from Harvard University in 1978. He is the Earl C. Daum 1924 Professor of International Business at the Amos Tuck School of Business Administration at Dartmouth College. Professional credits include Outstanding Teacher of the Year, voted by MBA students during several academic years; and Outstanding Business School Faculty, named by Business Week.

Introduction Making Innovation Happen
Ideas are only beginnings
Conflict between innovation and ongoing operations is inevitable
Innovation initiatives require a special team and a special plan
Build the Team
Divide the Labor
Define a partnership between a Dedicated Team and the Performance Engine
Understand the Performance Engine's limits
The Performance Engine must sustain excellence in ongoing operations
Assemble the Dedicated Team
Don't build a Little Performance Engine
Act as though you are building a new company from scratch
Expect discomfort
Manage the Partnership
Be positive, persuasive, and collaborative
Get help from senior executives
Anticipate conflict and act in advance
Run a Disciplined Experiment
Formalize the Experiment
To get great results, focus on learning, not results
Talk about what you don't know
Make formal but routine revisions to the plan
Break Down the Hypothesis
Draft a crystal-clear hypothesis of record
Focus on great conversations, not great spreadsheets
Create a custom scorecard
Seek the Truth
Understand sources of bias
Expect your predictions to be wrong
Create a framework for accountability
Conclusion Moving On, Moving Up
Assessment Tools
Scholarly Foundations
About the Authors