When innovation moves at digital speed : strategies and tactics to provoke, sustain, and defend innovation in today's unsettled markets / MIT Sloan Management Review.
Contributor(s): IEEE Xplore (Online Service) [distributor.] | MIT Press [publisher.] | MIT Sloan Management Review.
Material type: BookSeries: Digital future of management: Publisher: Cambridge : The MIT Press, 2019Distributor: [Piscataqay, New Jersey] : IEEE Xplore, [2019]Description: 1 PDF (280 pages).Content type: text Media type: electronic Carrier type: online resourceISBN: 9780262348386.Subject(s): Organizational change | Business enterprises -- Technological innovations | New products -- Management | Business enterprises -- Technological innovations | New products -- Management | Organizational changeGenre/Form: Electronic books.Additional physical formats: Print version:: When innovation moves at digital speedDDC classification: 658.4/063 Online resources: Abstract with links to resource Also available in print.Intro; Contents; Series Foreword; Introduction: Innovation at Digital Speed; I Tactics to Boost Innovation; 1 How to Catalyze Innovation in Your Organization; 2 Harnessing the Secret Structure of Innovation; 3 Developing Innovative Solutions through Internal Crowdsourcing; 4 Collaborating with Customer Communities: Lessons from the Lego Group; II Strategic Perspectives; 5 Finding a Lower-Risk Path to High-Impact Innovations; 6 The Flare and Focus of Successful Futurists; 7 Why Design Thinking in Business Needs a Rethink; 8 Developing New Products in Emerging Markets
III Managing the Challenges9 The Hard Truth about Business Model Innovation; 10 Managing Tensions between New and Existing Business Models; 11 Why Great New Products Fail; 12 Creating Better Innovation Measurement Practices; IV The People Part; 13 When Innovation Meets the Language of the Corner Office; 14 Why Learning Is Central to Sustained Innovation; 15 Learning the Art of Business Improvisation; Contributors; Index
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Practical advice from experts on how to create, manage, measure, and improve innovation in and for today's digital markets All organizations grapple with what digitalization means for their business and, in particular, how digital forces will drive their approaches to innovation. But very few organizations have clearly defined the scale, speed, and scope of their engagement with the digital world. These essays, from the pages of the preeminent journal MIT Sloan Management Review, offer practical advice from experts on how to create, facilitate, and manage innovation in and for today's digital markets. The essays emphasize the power of intersections , where different mindsets and skills collide. These connections can be external--LEGO, for example, has engaged more than 100,000 adult fans in user communities--or internal, as when "brokers," "connectors," and "energizers" act within organizations. Contributors stress the value of action over analysis , citing examples that affirm the power of trial-and-error experimentation. They demonstrate that innovation success requires thinking beyond technology. Innovation is not created by white-coated scientists in a lab; it is not the job of the few but of the many. And finally, the contributors warn that the greatest enemy lies within ; innovators often encounter fierce internal resistance. They consider innovations in the innovation process itself, describing the promise and pitfalls of "design thinking" and offering advice on how to manage the tension between new and existing business models. Innovation is not a magical act practiced by a select few with rare gifts. Innovation is a discipline that can be measured, managed, and improved. W hen Innovation Moves at Digital Speed provides practical guidance for innovation success.
Also available in print.
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