Reverse Innovation

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Reverse Innovation

Vijay Govindarajan,Chris Trimble
Reverse Innovation Book PDF

Author : Vijay Govindarajan,Chris Trimble
Publisher : Harvard Business Press
Page : 256 pages
File Size : 41,9 Mb
Release : 2012-04-10
Category : Business & Economics
ISBN : 9781422183984

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Reverse Innovation by Vijay Govindarajan,Chris Trimble Pdf

A New York Times, Wall Street Journal, USA Today, Amazon Bestseller Reverse Innovation is the new business idea everyone is talking about. Why? Because it presents the blueprint for scaling growth in emerging markets, and importing low-cost and high impact innovations to mature ones. Innovation is no longer the exclusive domain of the Silicon Valley elite. Reverse Innovation will open your eyes to the fact that the dynamics of global innovation are changing—and if you want your firm to survive, you’d better pay attention. The gap between rich nations and emerging economies is closing. No longer will innovations travel the globe in only one direction, from developed to developing nations. They will also flow in reverse. CEOs of the world’s most influential companies agree and have cited Reverse Innovation as their playbook for the next generation of global growth. Authors Vijay Govindarajan and Chris Trimble of the Tuck School of Business at Dartmouth explain where, when, and why reverse innovation is on the rise and why the implications are so profound. Learn how to make innovation in emerging markets happen and how such innovations can unlock even greater opportunity throughout the world. You’ll follow some of the world’s leading companies (including GE, Deere & Company, P&G, and PepsiCo) through stories that illustrate exactly what works and what doesn’t. If you’re in a Western economy, you need to accept that the future lies far from home. But the idea is not just for Western audiences. If innovation is at the heart of your company or your career, no matter where you practice business, Reverse Innovation is a phenomenon you need to understand. This book will help you do that.

Reverse Innovation in Health Care

Vijay Govindarajan,Ravi Ramamurti
Reverse Innovation in Health Care Book PDF

Author : Vijay Govindarajan,Ravi Ramamurti
Publisher : Harvard Business Press
Page : 288 pages
File Size : 55,5 Mb
Release : 2018-06-19
Category : Business & Economics
ISBN : 9781633693678

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Reverse Innovation in Health Care by Vijay Govindarajan,Ravi Ramamurti Pdf

Health-Care Solutions from a Distant Shore Health care in the United States and other nations is on a collision course with patient needs and economic reality. For more than a decade, leading thinkers, including Michael Porter and Clayton Christensen, have argued passionately for value-based health-care reform: replacing delivery based on volume and fee-for-service with competition based on value, as measured by patient outcomes per dollar spent. Though still a pipe dream here in the United States, this kind of value-based competition is already a reality--in India. Facing a giant population of poor, underserved people and a severe shortage of skills and capacity, some resourceful private enterprises have found a way to deliver high-quality health care, at ultra-low prices, to all patients who need it. This book shows how the innovations developed by these Indian exemplars are already being practiced by some far-sighted US providers--reversing the typical flow of innovation in the world. Govindarajan and Ramamurti, experts in the phenomenon of reverse innovation, reveal four pathways being used by health-care organizations in the United States to apply Indian-style principles to attack the exorbitant costs, uneven quality, and incomplete access to health care. With rich stories and detailed accounts of medical professionals who are putting these ideas into practice, this book shows how value-based delivery can be made to work in the United States. This "bottom-up" change doesn't require a grand plan out of Washington, DC, agreement between entrenched political parties, or coordination among all players in the health-care system. It needs entrepreneurs with innovative ideas about delivering value to patients. Reverse innovation has worked in other industries. We need it now in health care.

Reverse Innovation

Vijay Govindarajan,Chris Trimble
Reverse Innovation Book PDF

Author : Vijay Govindarajan,Chris Trimble
Publisher : Harvard Business Press
Page : 256 pages
File Size : 45,9 Mb
Release : 2012
Category : Business & Economics
ISBN : 9781422157640

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Reverse Innovation by Vijay Govindarajan,Chris Trimble Pdf

Innovation is no longer the exclusive domain of the Silicon Valley elite. Reverse Innovation will open your eyes to the fact that the dynamics of global innovation are changing-and if you want your firm to survive, you'd better pay attention. The gap between rich nations and emerging economies is closing. No longer will innovations travel the globe in only one direction, from developed to developing nations. They will also flow in reverse. CEOs of the world's most influential companies agree and have cited Reverse Innovation as their playbook for the next generation of global growth.

The Three-Box Solution

Vijay Govindarajan
The Three Box Solution Book PDF

Author : Vijay Govindarajan
Publisher : Harvard Business Review Press
Page : 256 pages
File Size : 47,5 Mb
Release : 2016-04-26
Category : Business & Economics
ISBN : 9781633690158

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The Three-Box Solution by Vijay Govindarajan Pdf

How to Innovate and Execute Leaders already know that innovation calls for a different set of activities, skills, methods, metrics, mind-sets, and leadership approaches. And it is well understood that creating a new business and optimizing an already existing one are two fundamentally different management challenges. The real problem for leaders is doing both, simultaneously. How do you meet the performance requirements of the existing business—one that is still thriving—while dramatically reinventing it? How do you envision a change in your current business model before a crisis forces you to abandon it? Innovation guru Vijay Govindarajan expands the leader’s innovation tool kit with a simple and proven method for allocating the organization’s energy, time, and resources—in balanced measure—across what he calls “the three boxes”: • Box 1: The present—Manage the core business at peak profitability • Box 2: The past—Abandon ideas, practices, and attitudes that could inhibit innovation • Box 3: The future—Convert breakthrough ideas into new products and businesses The three-box framework makes leading innovation easier because it gives leaders a simple vocabulary and set of tools for managing and measuring these different sets of behaviors and activities across all levels of the organization. Supported with rich company examples—GE, Mahindra & Mahindra, Hasbro, IBM, United Rentals, and Tata Consultancy Services—and testimonies of leaders who have successfully used this framework, this book solves once and for all the practical dilemma of how to align an organization on the critical but competing demands of innovation.

The Other Side of Innovation

Vijay Govindarajan,Chris Trimble
The Other Side of Innovation Book PDF

Author : Vijay Govindarajan,Chris Trimble
Publisher : Harvard Business Press
Page : 240 pages
File Size : 50,9 Mb
Release : 2010-09-02
Category : Business & Economics
ISBN : 9781422162309

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The Other Side of Innovation by Vijay Govindarajan,Chris Trimble Pdf

In their first book, Ten Rules for Strategic Innovators, the authors provided a better model for executing disruptive innovation. They laid out a three-part plan for launching high-risk/high-reward innovation efforts: (1) borrow assets from the existing firms, (2) unlearn and unload certain processes and systems that do not serve the new entity, and (3) learn and build all new capabilities and skills. In their study of the Ten Rules in action, Govindarajan and Trimble observed many other kinds of innovation that were less risky but still critical to the company's ongoing success. In case after case, senior executives expected leaders of innovation initiatives to grapple with forces of resistence, namely incentives to keep doing what the company has always done--rather than develop new competence and knowledge. But where to begin? In this book, the authors argue that the most successful everyday innovators break down the process into six manageable steps: 1. Divide the labor 2. Assemble the dedicated team 3. Manage the partnership 4. Formalize the experiment 5. Break down the hypothesis 6. Seek the truth. The Other Side of Innovation codifies this staged approach in a variety of contexts. It delivers a proven step-by-step guide to executing (launching, managing, and measuring) more modest but necessary innovations within large firms without disrupting their bread-and-butter business.

Beyond the Idea

Vijay Govindarajan,Chris Trimble
Beyond the Idea Book PDF

Author : Vijay Govindarajan,Chris Trimble
Publisher : St. Martin's Press
Page : 193 pages
File Size : 46,6 Mb
Release : 2013-09-24
Category : Business & Economics
ISBN : 9781466835412

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Beyond the Idea by Vijay Govindarajan,Chris Trimble Pdf

The New York Times bestselling authors of Reverse Innovation and How Stella Saved the Farm distill more than a decade of exclusive research into one short, powerful, action-oriented book. Companies stumble when they imagine that innovation is mostly about ideas. The reality is that ideas are only beginnings. Indeed, even a company with the world's best idea still faces a devilish challenge: it must build the business of tomorrow without endangering the business of today. Vijay Govindarajan and Chris Trimble are the world's leading authorities on the successful management of innovation. In Beyond the Idea, they distill more than a decade of research and insight into a practical, accessible, read-at-one-sitting handbook that offers invaluable guidance for anyone charged with making innovation happen: executives, managers, consultants, project leaders, and teams. By offering specific action steps, Beyond the Idea extends the elegant conceptual insights from How Stella Saved the Farm, Govindarajan and Trimble's parable. Beyond the Idea shows exactly how to: - Build a team with a very particular structure, one that makes it possible to simultaneously build something new and sustain what exists. - Manage any innovation initiative as a disciplined experiment. - Implement three distinct models for moving from ideas to action. Beyond the Idea is an essential book for any business that recognizes that innovation always has been, and always will be, the key to long term growth and vitality.

Critical Studies of Innovation

Benoît Godin,Dominique Vinck
Critical Studies of Innovation Book PDF

Author : Benoît Godin,Dominique Vinck
Publisher : Edward Elgar Publishing
Page : 352 pages
File Size : 50,6 Mb
Release : 2017-05-26
Category : Electronic
ISBN : 9781785367229

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Critical Studies of Innovation by Benoît Godin,Dominique Vinck Pdf

Different theories, models and narratives of innovation compete for both legitimacy and authority. However, despite the variations, they all offer a consistent pro-innovation bias, dismissing resistance as irrational, and overlooking the value of non-users and collateral impacts. This book looks at innovation from a different perspective and asks, what has been left out? It offers a reflexive view and invites researchers to consider new avenues of research, through a critique of current representations of innovation.

Military Innovation in Small States

Michael Raska
Military Innovation in Small States Book PDF

Author : Michael Raska
Publisher : Routledge
Page : 266 pages
File Size : 51,6 Mb
Release : 2015-11-06
Category : History
ISBN : 9781317661290

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Military Innovation in Small States by Michael Raska Pdf

This book provides a comprehensive assessment of the global diffusion of the Revolution in Military Affairs (RMA) and its impact on military innovation trajectories in small states. Although the 'Revolution in Military Affairs' (RMA) concept has enjoyed significant academic attention, the varying paths and patterns of military innovation in divergent strategic settings have been overlooked. This book seeks to rectify this gap by addressing the broad puzzle of how the global diffusion of RMA-oriented military innovation – the process of international transmission, communication, and interaction of RMA-related military concepts, organizations, and technologies - has shaped the paths, patterns, and scope of military innovation of selected small states. In a reverse mode, how have selected small states influenced the conceptualization and transmission of the RMA theory, processes, and debate? Using Israel, Singapore and South Korea as case studies, this book argues that RMA-oriented military innovation paths in small states indicate predominantly evolutionary trajectory, albeit with a varying patterns resulting from the confluence of three sets of variables: (1) the level of strategic, organizational, and operational adaptability in responding to shifts in the geostrategic and regional security environment; (2) the ability to identify, anticipate, exploit, and sustain niche military innovation – select conceptual, organizational, and technological innovation intended to enhance the military’s ability to prepare for, fight, and win wars, and (3) strategic culture. While the book represents relevant empirical cases for testing the validity of the RMA diffusion hypotheses, from a policy-oriented perspective, this book argues that these case studies offer lessons learned in coping with the security and defence management challenges posed by military innovation in general. This book will be of much interest for students of military innovation, strategic studies, defence studies, Asian politics, Middle Eastern politics and security studies in general.

How Stella Saved the Farm

Vijay Govindarajan,Chris Trimble
How Stella Saved the Farm Book PDF

Author : Vijay Govindarajan,Chris Trimble
Publisher : St. Martin's Press
Page : 160 pages
File Size : 41,7 Mb
Release : 2013-03-12
Category : Business & Economics
ISBN : 9781250022240

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How Stella Saved the Farm by Vijay Govindarajan,Chris Trimble Pdf

How Stella Saved the Farm is a simple parable about making innovation happen. Written by the authors of the New York Times bestselling Reverse Innovation: Create Far From Home, Win Everywhere, the story resonates in organizations of all types—public sector, private sector, and social sector, from mammoth corporations to small organizations employing just a few dozen people. The parable is about a farm in trouble. Bankruptcy, or the grim prospect of being acquired by a hostile competitor, threaten. The farm succeeds only if the team pulls together and innovates. The main characters in the story—Stella, Deirdre, Bull, Mav, Einstein, Rambo, Maisie, and Andrea—are all like people you know, maybe even yourself. The tale includes an unexpected leadership challenge, an ambitious call to action, a bold idea, countless internal obstacles and conflicts, fears, joys, triumphs, and even a love interest. It's a story that can be enjoyed by anyone. How Stella Saved the Farm delivers eight simple lessons to guide innovation initiatives to success. It prepares business leaders to avoid some of innovation's most toxic myths, teaches how to build the right kind of team, and shows how to learn quickly from experience.

The Little Black Book of Innovation

Scott D. Anthony
The Little Black Book of Innovation Book PDF

Author : Scott D. Anthony
Publisher : Harvard Business Press
Page : 298 pages
File Size : 51,5 Mb
Release : 2012
Category : Business & Economics
ISBN : 9781422171721

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The Little Black Book of Innovation by Scott D. Anthony Pdf

Innovation may be the hottest discipline around today, in business circles and beyond. And for good reason. Innovation transforms companies and markets. It is the key to solving vexing social problems. And it makes or breaks professional careers. For all the enthusiasm the topic inspires, however, the practice of innovation remains stubbornly impenetrable. No longer. In this book the author draws on stories from his research and field work with companies like Procter & Gamble to demystify innovation. He presents a simple definition of innovation, breaks down the essential differences between types of innovation, and illuminates innovation's vital role in organizational success and personal growth. This unique hybrid of professional memoir and business guidebook also provides a powerful 28-day program for mastering innovation's key steps: (1) Finding insight, (2) Generating ideas, (3) Building businesses, and (4) Strengthening innovation prowess in workforces and organizations. Using several illustrative case studies and vignettes from a range of companies around the globe, this playbook teaches people how to turn themselves or their companies into true innovation powerhouses.

Jugaad Innovation

Navi Radjou,Jaideep Prabhu,Simone Ahuja
Jugaad Innovation Book PDF

Author : Navi Radjou,Jaideep Prabhu,Simone Ahuja
Publisher : John Wiley & Sons
Page : 293 pages
File Size : 51,9 Mb
Release : 2012-04-10
Category : Business & Economics
ISBN : 9781118249741

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Jugaad Innovation by Navi Radjou,Jaideep Prabhu,Simone Ahuja Pdf

"Jugaad Innovation is the most comprehensive book yet to appear on the subject [of frugal innovation]." —The Economist A frugal and flexible approach to innovation for the 21st century Innovation is a key directive at companies worldwide. But in these tough times, we can't rely on the old formula that has sustained innovation efforts for decades—expensive R&D projects and highly-structured innovation processes. Jugaad Innovation argues the West must look to places like India, Brazil, and China for a new approach to frugal and flexible innovation. The authors show how in these emerging markets, jugaad (a Hindi word meaning an improvised solution born from ingenuity and cleverness) is leading to dramatic growth and how Western companies can adopt jugaad innovation to succeed in our hypercompetitive world. Outlines the six principles of jugaad innovation: Seek opportunity in adversity, do more with less, think and act flexibly, keep it simple, include the margin, and follow your heart Features twenty case studies on large corporations from around the world—Google, Facebook, 3M, Apple, Best Buy, GE, IBM, Nokia, Procter & Gamble, PepsiCo, Tata Group, and more—that are actively practicing jugaad innovation The authors blog regularly at Harvard Business Review; their work has been profiled in BusinessWeek, MIT Sloan Management Review, The Financial Times, The Economist, and more Filled with previously untold and engaging stories of resourceful jugaad innovators and entrepreneurs in emerging markets and the United States This groundbreaking book shows leaders everywhere why the time is right for jugaad to emerge as a powerful business tool in the West—and how to bring jugaad practices to their organizations.

Innovation from Emerging Markets

Fernanda Cahen,Lourdes Casanova,Anne Miroux
Innovation from Emerging Markets Book PDF

Author : Fernanda Cahen,Lourdes Casanova,Anne Miroux
Publisher : Cambridge University Press
Page : 411 pages
File Size : 48,7 Mb
Release : 2021-03-25
Category : Business & Economics
ISBN : 9781108486866

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Innovation from Emerging Markets by Fernanda Cahen,Lourdes Casanova,Anne Miroux Pdf

Reveals the breadth of innovation in emerging markets, from drivers and types to outcomes and implications.

Ten Rules for Strategic Innovators

Vijay Govindarajan,Chris Trimble
Ten Rules for Strategic Innovators Book PDF

Author : Vijay Govindarajan,Chris Trimble
Publisher : Harvard Business Press
Page : 224 pages
File Size : 51,6 Mb
Release : 2005-12-01
Category : Business & Economics
ISBN : 9781422148082

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Ten Rules for Strategic Innovators by Vijay Govindarajan,Chris Trimble Pdf

Even world-class companies, with powerful and proven business models, eventually discover limits to growth. That's what makes emerging high-growth industries so attractive. Although they lack a proven formula for making a profit, these industries represent huge opportunities for the companies that are fast enough and smart enough. But constructing tomorrow's businesses while simultaneously sustaining excellence in today's, demands a delicate balance. It is a quest fraught with contradiction and paradox. Until now, there has been little practical guidance. Based on an in-depth, multiyear research study of innovative initiatives at ten large corporations, Vijay Govindarajan and Chris Trimble identify three central challenges: forgetting yesterday's successful processes and practices; borrowing selected resources from the core business; and learning how the new business can succeed. The authors make recommendations regarding staffing, leadership roles, reporting relationships, process design, planning, performance assessment, incentives, cultural norms, and much more. Breakthrough growth opportunities can make or break companies and careers. Ten Rules for Strategic Innovators is every leader's guide to execution in unexplored territory.

Rethinking Innovation and Design for Emerging Markets

Christophe Midler,Bernard Jullien,Yannick Lung
Rethinking Innovation and Design for Emerging Markets Book PDF

Author : Christophe Midler,Bernard Jullien,Yannick Lung
Publisher : CRC Press
Page : 153 pages
File Size : 46,5 Mb
Release : 2017-05-18
Category : Business & Economics
ISBN : 9781351712033

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Rethinking Innovation and Design for Emerging Markets by Christophe Midler,Bernard Jullien,Yannick Lung Pdf

The authors have put together a fascinating narrative of the creation process of one of the most successful example of frugal engineering in recent years. They bring out insightful details of what managerial, organizational and technological pathways were taken to come up with a disruptive innovation that has the potential to change the entry-level automobile market in India and other emerging markets. The book significantly deepens and extends the knowledge of disruptive and reverse innovation, as well as of strategic alliance management. The book keeps the reader captive and is a must read for all who have an interest in innovation.

Innovation Engine

Jatin DeSai
Innovation Engine Book PDF

Author : Jatin DeSai
Publisher : John Wiley & Sons
Page : 256 pages
File Size : 52,9 Mb
Release : 2013-04-19
Category : Business & Economics
ISBN : 9781118416884

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Innovation Engine by Jatin DeSai Pdf

How to implement an innovation engine in any organization Innovation is often sought and is in high demand today. At the same time it is often misunderstood and lacks committed sponsorship. Today, most teams at the top need an innovation capability in a manner that works in tandem with their performance/operations management. Packed with actionable ideas, references, links, and resources, Innovation Engine meets that need. Reveals how to develop strategy, road maps, and processes for innovation execution Provides high level implementation guidance on executing innovation, something companies are struggling with globally Explores how today's companies can create a long-term sustainable corporate culture by also using an innovation engine Explains how to use innovation to keep employees engaged and motivated Written for executives, business leaders, CFOs, and CIOs Showing readers how to create a business case for innovation and a supporting innovation linked to business vision and goals, Innovation Engine clearly reveals how to reduce time-to-market, while expanding the "idea landscape" and building a pipeline of corporate innovators.