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Innovation: Ten Rules for Strategic Innovators

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Welcome back. You belong here.

Listening to podcast by Dr. Vijay Govindarajan of the Tuck School of Business at Dartmouth: Innovation: Ten Rules for Strategic Innovators:

1. Box#1 – Manage the Present
2. Box#2 – Selectively Forget the Past
3. Box#3 – Create the Future

Most companies focus on Box#1. Innovation is about Box#2 and #3. Strategy is about what to do across the three boxes. 5 years of recession mean 5 years of success. 30% of companies died in the previous 2000-2001 recession because they did not innovate. 20-30% of your time needs to go to Innovation.

Have a great day.

Into the future,

davidT