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Innovation Execution

Coaching Tip

Quite the contrary, they are built for ongoing operations. 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.

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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. It both funds day-to-day operations and generates profits for the future. Success in each box requires a different set of skills, attitudes, practices, and leadership. Vijay Govindarajan. To be sure, the present is vitally important. Excerpted from. The Three-Box Solution.