Book description
An innovation tournament, just like its counterpart in sports, starts with a large number of candidates, with opportunities as the players. These opportunities are pitted against each other until only the exceptional survive.
This book provides a principled approach for the effective management of innovation tournaments - identifying a wealth of promising opportunities and then evaluating and filtering them intelligently for greatest profitability. With a set of practical tools for creating and identifying new opportunities, it guides the reader in evaluating and screening opportunities. The book demonstrates how to construct an innovation portfolio and how to align the innovation process with an organization's competitive strategy.
Innovation Tournaments employs quirky, fresh examples ranging from movies to medical devices. The authors' tool kit is built on their extensive research, their entrepreneurial backgrounds, and their teaching and consulting work with many highly innovative organizations.
Table of contents
- Cover
- Copyright
- Preface
- Introduction
- Chapter 1: Tournaments 101: A Primer for Innovators
- Chapter 2: In-House Sources: Generating Opportunities Internally
- Chapter 3: Outside Sources: Sensing Opportunities Externally
- Chapter 4: Elimination Round: Screening Opportunities
- Chapter 5: Strategic Fit: Pulling Opportunities from Strategy
- Chapter 6: Short-Term Profitability: Analyzing Near-Horizon Opportunities
- Chapter 7: Interdependence: Forming Opportunity Portfolios
- Chapter 8: Long-Term Profitability: Managing Far-Horizon Opportunities
- Chapter 9: Structure: Shaping the Innovation Funnel
- Chapter 10: Administration: Organizing and Governing Innovation
- Chapter 11: Tournaments 201: An Innovator’s Guide to Getting Started
- Appendix: More Tools and Our Web Site
- Notes
- Acknowledgments
- About the Authors
Product information
- Title: Innovation Tournaments
- Author(s):
- Release date: June 2009
- Publisher(s): Harvard Business Review Press
- ISBN: 9781422133385
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