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The New Age of Innovation: Driving Cocreated Value Through Global Networks

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From the greatest minds in business today comes a groundbreaking new blueprint for executing the next stage of customer-created value. C.K. Prahalad, the world's premier business thinker, and IT scholar M.S. Krishnan unveil the critical missing link in connecting strategy to execution--building organizational capabilities that allow companies to achieve and sustain continuous change and innovation.

The New Age of Innovation reveals that the key to creating value and the future growth of every business depends on accessing a global network of resources to co-create unique experiences with customers, one at a time. To achieve this, CEOs, executives, and managers at every level must transform their business processes, technical systems, and supply chain management, implementing key social and technological infrastructure requirements to create an ongoing innovation advantage.

In this landmark work, Prahalad and Krishnan explain how to accomplish this shift--one where IT and the management architecture form the corporation's fundamental foundation. This book provides strategies for

  • Redesigning systems to co-create value with customers and connect all parts of a firm to this process
  • Measuring individual behavior through smart analytics
  • Ceaselessly improving the flexibility and efficiency in all customer-facing and back-end processes
  • Treating all involved individuals--customers, employees, investors, suppliers--as unique
  • Working across cultures and time-zones in a seamless global network
  • Building teams that are capable of providing high-quality, low-cost solutions rapidly

The New Age of Innovation: Driving Cocreated Value Through Global Networks | C.K. Prahalad | M.S. Krishnan

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Table of Contents

Chapter 1: Transformation of Business

Chapter 2: Business Processes: The Enablers of Innovation

Chapter 3: Analytics: Insights for Innovation

Chapter 4: IT Matters: Technical Architecture for Innovation

Chapter 5: Organizational Legacies: Impediments to Value Creation

Chapter 6: Efficiency and Flexibility: Managing the Tension

Chapter 7: Mobilizing Talent

Chapter 8: An Agenda for Managers: Focus on the Essence of Innovation

LINK FOR THE BOOK

https://www.amazon.in/New-Age-Innovation-Cocreated-Networks/dp/0071598286

 

 

Written by Venkadesh Narayanan

Venkadesh is a Mechanical Engineer and an MBA with 30 years of experience in the domains of supply chain management, business analysis, new product development, business plan and standard operating procedures. He is currently working as Principal Consultant at Fhyzics Business Consultants. He is also serving as President, PDMA-India (an Indian affiliate of PDMA, USA) and Recognised Instructor of APICS, USA and CIPS, UK. He is a former member of Indian Civil Services (IRAS). Fhyzics offers consulting, certification, and executive development programs in the domains of supply chain management, business analysis and new product development.

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