Making Innovation Work : How to Manage It, Measure It, and Profit from It.

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Bibliographic Details
Author / Creator:Epstein, Marc, author.
Imprint:Upper Saddle River : Wharton School Pub. July 2005 Old Tappan : Pearson Education [distributor]
Description:1 online resource
Language:English
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/13599770
Hidden Bibliographic Details
Other authors / contributors:Davila, Tony, author.
Shelton, Robert, author.
ISBN:9780131497863
0131497863
Summary:Annotation Making Innovation Work presents a formal innovation process proven to work at HP, Microsoft and Toyota, to help ordinary managers drive top and bottom line growth from innovation. The authors have drawn on their unsurpassed innovation consulting experience -- as well as the most thorough review of innovation research ever performed. They'll showwhat works, what doesn't, and how to usemanagement tools to dramatically increase the payoff frominnovation investments.Learn how to define the right strategy effective innovation; how to structurean organization to innovate best; how to implement management systems to assess ongoing innovation; how to incentivize teams to deliver, and much more. This book offers the first authoritative guide to using metrics at every step of the innovation process -- from idea creation and selection through prototyping and commercialization.
Target Audience:Trade Wharton School Publishing.
Other form:Print version: Epstein, Marc. Making Innovation Work. Upper Saddle River : Wharton School Pub. July 2005 Old Tappan : Pearson Education [distributor]
Standard no.:076092037699
9780131497863
Table of Contents:
  • Introduction
  • 1. Driving Success: How You Innovate Determines What You Innovate
  • Innovation Is the Power to Redefine the Industry
  • The Innovation Imperative: Driving Long-Term Growth in Top and Bottom Lines
  • How to Make Innovation Work: How You Innovate Determines What You Innovate
  • The Rules of Innovation
  • 1. Exert Strong Leadership on Innovation Direction and Decisions
  • 2. Integrate Innovation into the Business Mentality
  • 3. Match Innovation to Company Strategy
  • 4. Manage the Natural Tension Between Creativity and Value Capture
  • 5. Neutralize Organizational Antibodies
  • 6. Cultivate an Innovation Network Beyond the Organization
  • 7. Create the Right Metrics and Rewards for Innovation
  • Summary: The Innovation Company
  • 2. Mapping Innovation: What Is Innovation and How Do You Leverage It? A New Model of Strategic Innovation
  • Business Model Change
  • Value Proposition
  • Supply Chain
  • Target Customer
  • Technology Change
  • Product and Service Offerings
  • Process Technologies
  • Enabling Technologies
  • Three Types of Innovation
  • Incremental Innovation
  • Semi-Radical Innovation Radical Innovation
  • Ersatz Radical Innovation
  • Disruptive Technologies
  • Innovation Model and the Innovation Rules
  • 3. Choosing Your Destiny: How to Design a Winning Innovation Strategy
  • Choosing the Right Strategy
  • Play-to-Win or Play-Not-to-Lose Strategies
  • Play-to-Win Strategy
  • Play-Not-to-Lose Strategy
  • Too Much of a Good Thing
  • Clearly Defined Innovation Strategy Drives Change
  • Do You Select an Innovation Strategy? Internal Factors
  • External Factors
  • Risk Management and Innovation Strategy
  • Innovation Strategy: The Case of the Pharmaceutical Industry
  • Attempts to Solve the Innovation Problem
  • Changing the Innovation Approach
  • Strategy and the Innovation Rules
  • 4. Organizing for Innovation: How to Structure a Company for Innovation
  • Organizing for Innovation
  • Developing an Internal Marketplace for Innovation
  • Balancing Creativity and Value Creation
  • The Balance Changes as the Organization Matures
  • Five Steps to Balancing Creative and Commercial Markets
  • Outsourcing Innovation
  • Making Good Use of Your Partners
  • Integrating Innovation Within the Organization
  • The Value of Networks and Innovation Platforms
  • The Corporate Venture Capital Model
  • The Ambidextrous Organization
  • The Leadership Role
  • Organization and the Innovation Rules
  • 5. Management Systems: Designing the Process of Innovation
  • Systems and Processes Make Things Happen
  • The Objectives of Well-Designed Innovation Systems
  • Choosing and Designing Innovation Systems
  • Systems for Ideation: Seeing the Gaps
  • Structured Idea Management
  • Experimentation
  • Prototyping
  • Making Deals
  • Innovation That Fits
  • Management Systems Comparison
  • Electronic Collaboration
  • Management Systems and the Innovation Rules
  • 6. Illuminating the Pathway: How to Measure Innovation
  • To Measure or Not to Measure? What Gets Measured Gets Done
  • The Three Roles of a Measurement System
  • A Balanced Scorecard for Measuring Innovation
  • The Business Model for Innovation
  • Inputs, Processes, Outputs, and Outcomes
  • From the Business Model to the Measurement System
  • Designing and Implementing Innovation Measurement Systems
  • Measures for Ideation
  • Measuring Your Innovation Portfolio
  • Measuring Execution and Outcomes of Innovation
  • Measuring Sustainable Value Creation
  • The Barriers to Effective Performance