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The Future of Competition
book

The Future of Competition

by C. K. Prahalad, Venkat Ramaswamy
February 2004
Intermediate to advanced
272 pages
7h 14m
English
Harvard Business Review Press
Content preview from The Future of Competition

Chapter Ten

RAPID KNOWLEDGE CREATION

KNOWLEDGE ENVIRONMENTS for managers resemble experience environments for consumers. Innovation in knowledge environments must reflect the granularity of managerial experiences, just as innovation in experience environments must reflect the depth of consumer experiences. Figure 10-1 summarizes the consumer and manager perspectives of co-creation.

To co-create value continually, we must continually co-create new knowledge. The opportunities to do so range from solving a particular problem (say, reducing the recharge time for a battery pack in a particular cell phone configuration) to identifying major emerging opportunities (such as the explosive growth market for cell phones in China and India). To make this ...

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Publisher Resources

ISBN: 9781422160749