Innovator’s Solution

Innovation around business models can be incredibly difficult. Why is it so hard? There are two fundamental problems. First, organizations and leaders don't have much…

5 steps the the Corporate Innovation death spiral : 1) Companies succeed in finding successful formula in emergent strategy. Other emergent efforts killed, all resources…

Does it matter where the money comes from? Absolutely. There is "good" and "bad" money, and it's essential for corporate innovators to know the difference.…

1) Start small and demand early success (be impatient for profit, but patient for growth). Launch new growth initiatives when the core business is still…

Can’t use data to predict the future. Be careful about relying too heavily on data from the past. It can only be used to predict…

Even when analyzing channels, distributors and retailers will naturally support higher margin products. You can’t sell Honda scooters through Harley dealerships—they won’t be incentivized to…

You want to avoid competing head-to-head, so you want your competitors to ignore you. Targeting nonconsumption is a great way to do this. You can…

When should your strategy be vertically integrated or when should it be modularized? If the performance of your product is not good enough, you need…

In the early years, performance is the basis of competition. In later years, basis of competition evolves, and performance becomes secondary. This forces companies to…

1) Carefully control the cost structure of the new growth business, as the cost structure will determine values that will drive resource allocation.  2) Be…