May 2004
Intermediate to advanced
288 pages
6h 40m
English
Incrementalism is innovation’s worst enemy.
CEOs DEMAND, EXHORT, AND BEG their organizations to innovate. In particular, CEOs stress the value of radical or discontinuous innovation because it helps a company outpace its competition and thus deliver sustained growth. Yet innovation often inches along rather than leaps forward in established firms. Why? Because companies revere the market-driven process that currently dominates business.
Current practice intimates that careful market research of the customers’ needs and creative development of differentiated products or services for a well-defined segment will lead to success. Various strong companies such as Nestlé, P&G, and Unilever effectively employ ...
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