Innovator's toolkit : ten practical strategies to help you develop and implement innovation
Innovator's toolkit : ten practical strategies to help you develop and implement innovation
- Boston Harvard Business School Press 2009
- xxi,272,ip.
- Harvard business essentials series .
Contents Introduction xiii 1 Types of Innovation 1 Several Types on Many Fronts Incremental and Radical Innovation 2 Factors That Favor Incremental Innovation 7 Process Innovations 9 The Product-Process Connection 10 Service Innovations 11 Summing Up 12 2 Idea Generation 15 Innovation's Starting Point New Knowledge 16 Customer Ideas 18 Learning from Lead Users 21 Empathetic Design 23 Invention Factories and Skunkworks 26 Open Market Innovation 32 The Role of Mental Preparation 34 How Management Can Encourage Idea Generation 36 Four Idea-Generating Techniques 41 Summing Up 47 3Recognizing Opportunities 49 Innovator as Entrepreneur A Method for Opportunity Recognition 52 Rough Cut Business Evaluation 55 Summing Up 58 4From Recognition to Support 61 Gaining a Foothold The Champion 63 Supporting Cast 63 Get the Timing Right 66 Build a Business Case 67 Line Up Stakeholders 69 Maintain Momentum 72 Summing Up 73 5Early Tests of Business Potential 75 Stage-Gates and Quick Kills The Idea Funnel 76 Stage-Gates 79 A Caution on Funnels and Stage-Gates 82 Financial Issues 83 Discovery-Driven Planning 91 The R-W-W Method 92 Summing Up 95 6Types of Strategy 97 Which Fits Your Business? Low-Cost Leadership 99 Differentiation 105 Customer Relationship 107 The Network Effect 110 Summing Up 113 7 Strategic Moves 115 Mechanisms/or Market Entry and Dominance Gaining a Market Beachhead 116 Market Entry Through Process Innovation 118 Market Entry Through Product Differentiation 119 Create and Dominate a New Market 121 Extending Innovation Through Platforms 123 Summing Up 125 8 The S-Curve and Its Strategic Lessons 127 What Curve Art You On? The S-Curve Explained 128 Three Lessons 132 Limits to These Lessons 138 Summing Up 139 9 Finding the Future 141 Your Next Move Where Do You Stand Now? 143 Signals That Change Is in the Making 144 Create a Welcoming Home for the Future 147 Summing Up 148 10Placing Strategic Bets 151 The Portfolio Approach Portfolio Management 153 Getting a Handle on Risk 156 Bottom-Up or Top-Down Innovation? 159 Summing Up 160 11Human Creativity 163 The Starting Point of Innovation Myths About Creativity 165 Three Components of Individual Creativity 167 Managing for Greater Individual Creativity 170 Summing Up 174 12Working Through Creative Groups 175 The Power of Numbers Characteristics of Creative Groups 176 Conflict in Groups-and How to Handle It 184 Time Pressure and Group Creativity 186 Finding the Right Balance in Group Tenure 187 Summing Up 190 13Toward a Creativity-Friendly Workplace 193 Practical Steps Risk Taking Is Acceptable to Management 196 New Ideas and New Ways of Doing Things Are Welcome 197 People Communicate Freely 198 Knowledge Is Shared 200 Good Ideas Find Supportive Executive Patrons 201 Innovators Are Rewarded 202 The Physical Surroundings Bring People Together 203 How Friendly to Creativity Is Your Workplace? 206 Summing Up 209 14Leaders Can Make a Difference 211 It's in Their Hands Fixing the Culture 212 Establish Strategic Direction 214 Be Involved with Innovation 217 Be Open but Skeptical 219 Improve the Idea-to-Commercialization Process 220 Exercise Flexibility 221 Don't Overlook Innovations in Processes, Finance, and Distribution 222 Put People with the Right Stuff in Charge 223 Create an Ambidextrous Organization 223 Summing Up 225 Appendix A: Writing a Business Plan 227 Appendix B: Workplace Assessment Checklist237 Notes 241 Glossary 249 For Further Reading 255 Index 261 About the Subject Adviser 271 About the Writer 272
1422199908
Population--Economic aspects
Technological innovations
Creative ability in business
Inde -- Conditions économiques -- 1947-
Inde -- Politique économique -- 1947-
Economic history
Economic policy.
India.
658.4012
Contents Introduction xiii 1 Types of Innovation 1 Several Types on Many Fronts Incremental and Radical Innovation 2 Factors That Favor Incremental Innovation 7 Process Innovations 9 The Product-Process Connection 10 Service Innovations 11 Summing Up 12 2 Idea Generation 15 Innovation's Starting Point New Knowledge 16 Customer Ideas 18 Learning from Lead Users 21 Empathetic Design 23 Invention Factories and Skunkworks 26 Open Market Innovation 32 The Role of Mental Preparation 34 How Management Can Encourage Idea Generation 36 Four Idea-Generating Techniques 41 Summing Up 47 3Recognizing Opportunities 49 Innovator as Entrepreneur A Method for Opportunity Recognition 52 Rough Cut Business Evaluation 55 Summing Up 58 4From Recognition to Support 61 Gaining a Foothold The Champion 63 Supporting Cast 63 Get the Timing Right 66 Build a Business Case 67 Line Up Stakeholders 69 Maintain Momentum 72 Summing Up 73 5Early Tests of Business Potential 75 Stage-Gates and Quick Kills The Idea Funnel 76 Stage-Gates 79 A Caution on Funnels and Stage-Gates 82 Financial Issues 83 Discovery-Driven Planning 91 The R-W-W Method 92 Summing Up 95 6Types of Strategy 97 Which Fits Your Business? Low-Cost Leadership 99 Differentiation 105 Customer Relationship 107 The Network Effect 110 Summing Up 113 7 Strategic Moves 115 Mechanisms/or Market Entry and Dominance Gaining a Market Beachhead 116 Market Entry Through Process Innovation 118 Market Entry Through Product Differentiation 119 Create and Dominate a New Market 121 Extending Innovation Through Platforms 123 Summing Up 125 8 The S-Curve and Its Strategic Lessons 127 What Curve Art You On? The S-Curve Explained 128 Three Lessons 132 Limits to These Lessons 138 Summing Up 139 9 Finding the Future 141 Your Next Move Where Do You Stand Now? 143 Signals That Change Is in the Making 144 Create a Welcoming Home for the Future 147 Summing Up 148 10Placing Strategic Bets 151 The Portfolio Approach Portfolio Management 153 Getting a Handle on Risk 156 Bottom-Up or Top-Down Innovation? 159 Summing Up 160 11Human Creativity 163 The Starting Point of Innovation Myths About Creativity 165 Three Components of Individual Creativity 167 Managing for Greater Individual Creativity 170 Summing Up 174 12Working Through Creative Groups 175 The Power of Numbers Characteristics of Creative Groups 176 Conflict in Groups-and How to Handle It 184 Time Pressure and Group Creativity 186 Finding the Right Balance in Group Tenure 187 Summing Up 190 13Toward a Creativity-Friendly Workplace 193 Practical Steps Risk Taking Is Acceptable to Management 196 New Ideas and New Ways of Doing Things Are Welcome 197 People Communicate Freely 198 Knowledge Is Shared 200 Good Ideas Find Supportive Executive Patrons 201 Innovators Are Rewarded 202 The Physical Surroundings Bring People Together 203 How Friendly to Creativity Is Your Workplace? 206 Summing Up 209 14Leaders Can Make a Difference 211 It's in Their Hands Fixing the Culture 212 Establish Strategic Direction 214 Be Involved with Innovation 217 Be Open but Skeptical 219 Improve the Idea-to-Commercialization Process 220 Exercise Flexibility 221 Don't Overlook Innovations in Processes, Finance, and Distribution 222 Put People with the Right Stuff in Charge 223 Create an Ambidextrous Organization 223 Summing Up 225 Appendix A: Writing a Business Plan 227 Appendix B: Workplace Assessment Checklist237 Notes 241 Glossary 249 For Further Reading 255 Index 261 About the Subject Adviser 271 About the Writer 272
1422199908
Population--Economic aspects
Technological innovations
Creative ability in business
Inde -- Conditions économiques -- 1947-
Inde -- Politique économique -- 1947-
Economic history
Economic policy.
India.
658.4012