Innovation (Review and Analysis of Carlson and Wilmot's Book)
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About this ebook
This complete summary of the ideas from Curtis Carlson and William Wilmot's book "Innovation" shows that the starting point for innovation is not a new idea, but the answer to three fundamental questions on your customer and what you are offering. In their book, the authors explain these questions and the five principles that you can use to answer them in the best way possible. This summary also explores the best way to implement innovation and how to form the innovation team.
Added-value of this summary:
• Save time
• Understand key concepts
• Expand your knowledge
To learn more, read "Innovation" and discover the key to implementing innovation and making it work to your company's advantage.
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Innovation (Review and Analysis of Carlson and Wilmot's Book) - BusinessNews Publishing
Book Presentation: Innovation by Curtis Carlson and William Wilmot
Book Abstract
About the Author
Important Note About This Ebook
Summary of Innovation (Curtis Carlson and William Wilmot)
Innovate or Die: The catchcry of the exponential economy
1. Important Needs
2. Value Creation
3. Innovation Champions
4. Innovation Teams
5. Organizational Alignment
Book Abstract
MAIN IDEA
Innovation is purely and simply the ability to create and then deliver new customer value in the marketplace. The real starting point for innovation is not whether or not you have an interesting or new idea. Instead, the starting point for all successful innovations has always been three key questions:
Who is your customer?
What is the customer value you currently provide, and how do you measure that customer value?
Which innovation best practices can you use to provide more customer value in the future?
In answering these questions, there are five disciplines which will provide the concepts and tools you require:
Failing to adequately address any of these disciplines virtually guarantees your innovation project will not succeed. If, on the other hand, you excel in each of these disciplines, your innovation has a much greater probability of success. The key lies in the way things get done in your business and not just whether or not you consistently come up with interesting or novel new ideas.
"With the emergence of India and China as major economic powers, the ability to innovate is moving to center stage as a survival issue for most companies and a competitiveness issue for most nations. This period is one of the most exciting, opportunity-rich times in history. It is also fraught with disruption and change. The Five Disciplines of Innovation will help you,