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
