ISBN: 9781633690141Format: PaperbackAuthor: Govindarajan,VijayPublisher: Harvard Business Review PressPublished Date: 26 Apr 2016
Leaders already know that innovation calls for a different set of activities, skills, methods, metrics, mind-sets and leadership approaches 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 current business one that is still thriving while dramatically reinventing it? How do you foresee a change in your current model before a crisis forces you to abandon it. The 'three box' framework makes leading innovation easier because it gives leaders a simple vocabulary and set of tools for managing and measuring the different sets of behaviours and activities, across all levels of the organization. Supported with rich company examples such as Mahindra & Mahindra, Hasbro, IBM, United Rentals, Dunnhumby, Nucor, and Tata and testimonies of leaders who have successfully used this framework to lead innovation, this book solves once and for all the practical dilemma of how to align an organization on the critical but competing demands of innovation.
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