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The Other Side of Innovation

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Companies can't survive without innovating. But most put far more emphasis on generating Big Ideas than on executing them turning ideas into actual breakthrough products, services, and process improvements.

That's because "ideating" is energizing and glamorous. By contrast, execution seems like humdrum, behind-the-scenes dirty work. But without execution, Big Ideas go nowhere.

In The Other Side of Innovation, Vijay Govindarajan and Chris Trimble reveal how to execute an innovation initiative whether a simple project or a grand, gutsy gamble. Drawing on examples from innovators as diverse as Allstate, BMW, Timberland, and Nucor, the authors explain how to:

  • Build the Right Team: Determine who'll be on the team, where they'll come from, how they'll be organized, how much time they'll devote to the project, and how they'll navigate the delicate and conflict-rich partnership between innovation and ongoing operations
  • Manage a Disciplined Experiment: Decide how team members can quickly test their assumptions , translate results into new knowledge, and measure progress. Give innovation leaders a tough but fair performance evaluation

Practical and provocative, this new book takes you step-by-step through the innovation execution process so your Big Ideas deliver their full promise.

The Other Side of Innovation: Vijay Govindarajan | Chris Trimble

Buy Now-1         

Table of Contents

Part I: Build the Team

Chapter 1: Divide the Labor,

Chapter 2: Assemble the Dedicated Team 

Chapter 3: Manage the Partnership

Part II: Run a Disciplined Experiment

Chapter 4: Formalize the Experiment 

Chapter 5: Break Down the Hypothesis

Chapter 6: Seek the Truth

 

LINK FOR THE BOOK

https://www.amazon.com/Other-Side-Innovation-Execution-Challenge/dp/1422166961

 

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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