10 RULES FOR STRATEGIC INNOVATORS

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.