In their book The Other Side of Innovation: Solving the Execution Challenge, Tuck School of Business professors Vijay Govindarajan and Chris Trimble argue that "organizations today are only modestly more prepared for the challenges of innovation than they were fifty years ago." Businesses, they say, are "built for efficiency," and that often means they are at odds, structurally, with the kinds of bold changes that innovation requires. Many times, businesses will put the resources needed into making a change, but not the resources needed to sustain change.
In this IdeasCast from Harvard Business Publishing, Govindarajan discusses some strategies for making innovative changes, and sustaining them:
10-01-2010 8:14 AM