Ten Rules for Strategic Innovators: From Idea to Execution

Ten Rules for Strategic Innovators: From Idea to Execution

By Vijay Govindarajan and Chris Trimble

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. With no proven formula for making a profit, these industries represent huge opportunities for the companies that are fast enough and smart enough to capture them first.

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Book Information

Publisher: Harvard Business Review Press
Publish Date: 12/01/2005
Pages: 256
ISBN-13: 9781591397588
ISBN-10: 1591397588
Language: English

What We're Saying

March 27, 2007

Some folks started asking us for the 2006 bestsellers. Some how we forgot to do this right after the New Year, and I know many of you are dying to hear the results. One note on methodology: We award points to a book's position on our monthly list, as well as the number of months it appears on our lists. READ FULL DESCRIPTION

April 15, 2008

You find Chapter 1 of the 2nd Edition of The Quest for Global Dominance over on our excerpts blog. Even if you've read the first edition, you may want to consider updating your thinking on the global economy with this new offering which includes three new chapters: Lessons from the Globalization of Wal-Mart; Globalizing the Young Venture; and Leveraging China and India for Global Dominance. Jeffrey E. READ FULL DESCRIPTION

April 03, 2008

Here's what 800-CEO-READ shipped to other countries in March. Here's what they're reading overseas. : The Big Switch - Quebec, Canada Purpose - Besiktas, Istanbul The Quest for Global Dominance: 2nd Edition - Shanghai, China Get Out of Your Own Way - Frankfort, Germany Who's Your City? READ FULL DESCRIPTION

November 22, 2011

The Thinkers50

By Porchlight

Congratulations are in order for friend of the company Marshall Goldsmith, one of the really good guys in this business, on winning the 2011 Thinkers50 Leadership Award as the World’s Most-Influential Leadership Thinker. Now sponsored by the Harvard Business Review, The Thinkers50 is a decade-old, biannual global ranking of management thinkers that uses ten criteria to rank thinkers: originality of ideas; practicality of ideas; presentation style; written communication; loyalty of followers; business sense; international outlook; rigor of research; impact of ideas and the elusive guru factor. Goldsmith has all of those qualities in spades, ranked number seven on the overall Thinkers50 list and was certainly deserving of the award in Leadership he took home. READ FULL DESCRIPTION

Full Description

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. With no proven formula for making a profit, these industries represent huge opportunities for the companies that are fast enough and smart enough to capture them first. But building tomorrow's businesses while simultaneously sustaining excellence in today's demands a delicate balance. It is a mandatory quest, but one that is 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. Breakthrough growth opportunities can make or break companies and careers. Forget, Borrow, Learn is every leader's guide to execution in unexplored territory.

About the Authors

Anil K. Gupta is the Ralph J. Tyser Professor of Strategy and Organization and a Distinguished Scholar Teacher at the Smith School of Business, The University of Maryland at College Park. He has served as a visiting faculty at Stanford University and Dartmouth College. A two-time winner of the Krowe Award for Excellence in Teaching from the University of Maryland.

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Vijay Govindarajan is the Earl C. Daum 1924 Professor of International Business and founding director of the Tuck School's Center for Global Leadership. He has worked with dozens of Fortune 500 corporations and speaks at conferences around the world. He lives in New Hampshire. Chris Trimble has dedicated more than ten years to studying a single challenge that vexes even the best-managed corporations: how to execute an innovation initiative.

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