The Other Side of Innovation: Solving the Execution Challenge.

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Business organizations are not built for innovation; they are built for efficiency.&# – Vijay Govindarajan In The Other Side of Innovation the authors demonstrate their absolute knowledge of an area that many organizations need more of, innovation! They have been studying over the past decade innovation within established organizations. In the process they have compiled perhaps the most extensive library of innovation case studies in the world.

Negotiating Innovation and Control

Harvard Business Review

The other day I had coffee with a friend who was complaining about her company's ability to innovate. The company's core control mechanisms — the means by which it decides how to allocate resources, start and stop projects, and so on — were organized to do one thing: minimize mistakes. Exhorting people to be more innovative when all soft and hard systems point towards incrementalism doesn't do much good. Innovation

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Three Innovation Trends in Asia

Harvard Business Review

I recently participated in a panel discussion hosted by the Economist Corporate Network in Singapore about innovation in Asia. But what I really wanted to discuss were the three biggest trends I see affecting innovation in the region. A recent OECD study projected that spending by Asian middle class consumers will have grown from $4.9 Tuck Professor Vijay Govindarajan calls this reverse innovation. Disruptive innovation Innovation

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

Harvard Business Review

But as anyone who has ever tried to lead innovation knows, the challenge goes beyond being ambidextrous enough to manage today’s business while creating tomorrow’s. To deal with this problem, over the course of thirty-five years of working with and doing research in corporations around the world, I have developed a simple, practical framework that recognizes all three competing challenges managers face when leading innovation. Innovation & Entrepreneurship Book.

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31 Innovation Questions (and Answers) To Kick Off the New Year

Harvard Business Review

I thought it would be helpful to provide the list of 31 questions, and my one sentence perspective on each question, as it dovetails with my current book project (tentatively titled, The Little Black Book of Innovation.) How do you define innovation? What are different types of innovation? Innovation is more than whiz-bang technology; consider different strategic intents (e.g., create a new category, extend current business) or innovation mechanisms (e.g.,

Introducing 100 Coaches: Pay It Forward Champions

Marshall Goldsmith

I am very excited to announce the selection of the 100 Coaches in our pay-it-forward project! For those of you who haven’t heard of the project, here is a little back story. I made a 30-second video about the project for LinkedIn. Three iconic leaders inspired the 100 Coaches project. Co-founder of Rose Park Advisors—Disruptive Innovation Fund. A leading thinker on strategy and breakthrough innovation. World authority on project management.

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Why the World Needs Doctors with These 3 Qualities

Harvard Business

health care system, but our five-year research project in India and the U.S. What we found, while collecting case studies for our book Reverse Innovation in Health Care , is that these doctors are not just medical experts; they also have other qualities that make them very effective leaders. Doctorpreneurs have credibility with the organization’s medical professionals, which makes it easier to implement bold or innovative strategies. Vijay Govindarajan Ravi Ramamurti.

Before Hiring a Design Partner, Consider This

Harvard Business Review

It''s your job to pour what you know into the project and travel with the team: think of it as an equal partnership. Ziba''s service innovation and retail design work with Umpqua Bank , for example, continues to be relevant and productive years after it was completed, with the bank adding dozens of branches and tens of billions in holdings. Vijay Govindarajan and Chris Trimble have written at length on the challenges of execution in their book, The Other Side of Innovation.

The $300 House: The Performance Challenge

Harvard Business Review

Kudos to Vijay Govindarajan and Christian Sarkar for taking a moment to reflect on Affordable Housing Institute founder David Smith's observation that markets alone will never successfully house any nation's poorest people. The $300 House: The Challenge. The Financial Challenge.

Whatever Happened to the $300 House?

Harvard Business Review

The idea to design and build a $300 house first appeared here on the HBR site in August 2010, in a post by me (Vijay Govindarajan) and Christian Sarkar, and then again as one of several ideas in the HBR Agenda 2011. Believing that improving housing for the world’s most poor could help them break out of the vicious cycle of poverty, we issued a challenge to the design community to employ the strategies of innovation and disruptive thinking to attack this persistent problem.

The $300 House: The Urban Challenge

Harvard Business Review

Editor's note: This post is one in an occasional series on Vijay Govindarajan's and Christian Sarkar's idea to create a scalable housing solution for the world's poor. Among his early projects are some of the first high-rise buildings ever to be constructed in Silicon Valley.

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The $300 House: The Corporate Challenge

Harvard Business Review

Editor's note: This post is one in an occasional series on Vijay Govindarajan's and Christian Sarkar's idea to create a scalable housing solution for the world's poor. With the $300 House initiative, it's easy to see the potential to spark innovation that, with a single stroke, could ameliorate several quality-of-life-concerns at once: shelter, water purification, alternative energy, cooking fuel and information access.

The $300 House: The Marketing Challenge

Harvard Business Review

Editor's note: This post is one in an occasional series on Vijay Govindarajan's and Christian Sarkar's idea to create a scalable housing solution for the world's poor. As a result, it's extremely difficult to sell innovation to this consumer. The $300 House: The Challenge.