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Innovation Execution

Coaching Tip

They are built to be performance engines. A well-run performance engine is the master of many challenges. Innovation requires experimentation: the performance engine demands efficiency. Innovation sometimes fails; the performance engine struggles to forgive. How Good Are You in Managing Office Politics?

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3 Entrepreneurs Who Made It Their Mission to Lower Health Care Costs

Harvard Business Review

It all starts, as the stories below show, with purpose-driven leadership: a determination to provide high-quality, ultra-affordable health care to all, regardless of ability to pay: Saving Eyesight at a Fraction of the Cost. Vijay Govindarajan Ravi Ramamurti. His life was set. His life was set. ” The talk deeply impacted Chandra.

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Great Innovators Create the Future, Manage the Present, and Selectively Forget the Past

Harvard Business Review

Your current business is the performance engine. What’s missing from the managerial toolkit is a way for managers to allocate their—and their organization’s—time and attention and resources on a day-to-day basis across the competing demands of managing today’s requirements and tomorrow’s possibilities.

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Negotiating Innovation and Control

Harvard Business Review

But you know, my leadership team is smart. Vijay Govindarajan and Chris Trimble suggest that companies can consciously manage the balance between the "performance engine" (that minimizes mistakes) and the "discovery team" (that encourages experiments) by being clear about what core capabilities should be forgotten and borrowed.