Foreword

Innovation

Many volumes of books and articles have been written on this subject, yet most organizations acknowledge they are not truly innovative in spite of concentrated efforts to become so. Back in 1997 HBS Professor Clayton Christensen wrote his seminal book, The Innovator's Dilemma, that described in lucid terms why organizations fail to innovate. Businesses, including my own, Medtronic, took his admonitions to heart, yet most established companies have been unable to move the needle on their efforts to become more innovative. I continue to be amazed at the number of outstanding companies whose leaders talk the innovation talk but fail to create innovative organizations or to come up with innovative business ideas.

In my experience, ...

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