Summary: Innovation That Fits - Michael Lord, Donald Debethizy and Jeffrey Wager

Business & Finance, Economics, Development & Growth, Management & Leadership, Management
Cover of the book Summary: Innovation That Fits - Michael Lord, Donald Debethizy and Jeffrey Wager by BusinessNews Publishing, Must Read Summaries
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: BusinessNews Publishing ISBN: 9782806247339
Publisher: Must Read Summaries Publication: February 15, 2013
Imprint: Business Book Summaries Language: English
Author: BusinessNews Publishing
ISBN: 9782806247339
Publisher: Must Read Summaries
Publication: February 15, 2013
Imprint: Business Book Summaries
Language: English
This work offers a summary of the book “INNOVATION THAT FITS: Moving Beyond the Fads to Choose the Right Innovation Strategy For Your Business” by Michael Lord, Donald Debethizy and Jeffrey Wager.
Innovation that Fits is based on a commonsense principle: innovation is not predicated on faddish ideas and new fashions. The basis for innovation can never be a “silver bullet”: there are five ways companies usually innovate, and there are pros and cons to each.
The authors go through each of these, explaining how best to make them all work most effectively, and for which businesses/market situations they are best suited. If you are going to innovate by creating alliances with other companies, for example, be careful that you aren’t just rushing ahead because perceived risk is less, spread across both businesses. Be aware that you may begin to spend too much time maintaining the alliance rather than focusing on your own business. When things go wrong, a blame spiral can often occur that sours relations. If you do decide to go ahead, do your research and due diligence so that you know what each party’s objectives are. Set up a structure that’s focused, integrated, monitored and controlled and never leave your core work to a partner.
As you can see from this small sample, Innovation that fits is a comprehensive, invaluable guidebook to whichever style of innovation would suit your company.
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
This work offers a summary of the book “INNOVATION THAT FITS: Moving Beyond the Fads to Choose the Right Innovation Strategy For Your Business” by Michael Lord, Donald Debethizy and Jeffrey Wager.
Innovation that Fits is based on a commonsense principle: innovation is not predicated on faddish ideas and new fashions. The basis for innovation can never be a “silver bullet”: there are five ways companies usually innovate, and there are pros and cons to each.
The authors go through each of these, explaining how best to make them all work most effectively, and for which businesses/market situations they are best suited. If you are going to innovate by creating alliances with other companies, for example, be careful that you aren’t just rushing ahead because perceived risk is less, spread across both businesses. Be aware that you may begin to spend too much time maintaining the alliance rather than focusing on your own business. When things go wrong, a blame spiral can often occur that sours relations. If you do decide to go ahead, do your research and due diligence so that you know what each party’s objectives are. Set up a structure that’s focused, integrated, monitored and controlled and never leave your core work to a partner.
As you can see from this small sample, Innovation that fits is a comprehensive, invaluable guidebook to whichever style of innovation would suit your company.

More books from Must Read Summaries

Cover of the book Summary: How Toyota Became #1 - David Magee by BusinessNews Publishing
Cover of the book Summary of Hardball: How Politics Is Played Told By One Who Knows The Game - Chris Matthews by BusinessNews Publishing
Cover of the book Summary of Dread: How Fear and Fantasy have Fueled Epidemics from the Black Death to the Avian Flu - Philip Alcabes by BusinessNews Publishing
Cover of the book Summary of The Constitution in Exile: How the Federal Government Has Siezed Power By Rewriting the Supreme Law of the Land - Andrew P. Napolitano by BusinessNews Publishing
Cover of the book Summary of Blocking the Courthouse Door: How the Republican Party and Its Corporate Allies are Taking Away Your Right to Sue - Stephanie Mencimer by BusinessNews Publishing
Cover of the book Summary of Imperial Grunts: The American Military on the Ground - Robert D. Kaplan by BusinessNews Publishing
Cover of the book Summary of They Just Don't Get It: How Washington is Still Compromising Your Safety - and What You Can Do About It - Colonel David Hunt by BusinessNews Publishing
Cover of the book Summary of Palestine Peace Not Apartheid - Jimmy Carter by BusinessNews Publishing
Cover of the book Summary of No Apology: The Case for American Greatness - Mitt Romney by BusinessNews Publishing
Cover of the book Summary of Ethical Realism: A Vision for America's Role in the World - Anatol Lieven and John Hulsman by BusinessNews Publishing
Cover of the book Summary of The One Percent Doctrine: Deep Inside America's Pursuit of Its Enemies Since 9/11 - Ron Suskind by BusinessNews Publishing
Cover of the book Summary: Hoodwinked - Jack Cashill by BusinessNews Publishing
Cover of the book Summary of Mike Bloomberg: Money, Power, Politics - Joyce Purnick by BusinessNews Publishing
Cover of the book Summary of That Used to Be Us: How America Fell Behind in the World It Invented and How We Can Come Back - THOMAS L. FRIEDMAN & MICHAEL MANDELBAUM by BusinessNews Publishing
Cover of the book Summary of John F. Kennedy on Leadership: The Lessons and Legacy of a President - John A. Barnes by BusinessNews Publishing
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy