Fast Innovation: Achieving Superior Differentiation, Speed to Market, and Increased Profitability

3.48 avg rating
( 25 ratings by Goodreads )
 
9780071457897: Fast Innovation: Achieving Superior Differentiation, Speed to Market, and Increased Profitability

“How can I create an innovation engine that will consistently deliver substantial organic growth?”

This question is the number-one issue for most CEOs and senior executives today. Innovation is a critical driver of organic growth, yet based on the authors' research, only a small percent of companies effectively use innovation to sustain long-term, profitable growth. And the stakes couldn't be higher-failure to create successful new products, services, and business models causes stagnating or declining profits.

Now, for the first time, experts Michael George, James Works and Kimberly Watson-Hemphill explain the surprising and significant gap between the CEO's growth goals and actual performance. The authors, who are experts at connecting strategy to execution, give you a complete blueprint for exploiting the strategic and operational dimensions of innovation.

Using fresh insights about the true drivers of fast time-to-market and the inadequate success rate of innovation, Fast Innovation reveals:

  • Why current approaches to innovation fail
  • A new strategic and tactical plan that will help your company dramatically reduce time-to-market by 50 to 80 percent
  • The secret for finding out what your customers really want (not just what they say they want)
  • Tools and methods for turning customer insights into ideas that will generate significant ROI
  • The key levers that senior leadership must engage to create innovation capability across the business

You'll receive specific actionable solutions for driving disruptive and sustaining innovation at the strategic, portfolio and project level. You'll also learn how to improve how much time your innovation teams actually spend innovating, and discover the changes that must be launched at the corporate level in order to enable the whole business to embrace and get results from this approach.

"synopsis" may belong to another edition of this title.

From the Back Cover:

Achieving Superior Differentiation, Speed to Market, and Increased Profitability

“Of all the innovation books we've read post-Christensen, this one does the best at speaking the language of the CEO and other top executives.”- Harvard Business School Working Knowledge

“My understanding of innovation has been enlarged through my interactions with Mike. I am grateful that in the writing of this book Mike has relied upon my research and that I have similarly been able to build upon his understanding. I thank him for providing all of us with the set of practical implementation tools presented in this book.”-CLAYTON M. CHRISTENSEN, Robert and Jane Cizik Professor of Business Administration, Harvard Business School, author of The Innovator's Dilemma, The Innovator's Solution, and Seeing What's Next

“Growth through innovation is key to Eli Lilly and Company. To serve our commitment to meeting medical needs and achieve our growth goals requires more innovation, faster innovation and, at the same time, less resource consumption and risk. This book identifies some of the significant changes in strategy and tactics needed for an innovation process to achieve these goals. Every executive concerned with the changing business of innovation would do well to become familiar with the principles contained in this book.”-ALPHEUS BINGHAM, Vice President, Strategy, Lilly Research Laboratories, Eli Lilly and Company

“Texas Instruments recognizes the importance of creating highly differentiated products with faster time-to-market as the driver of profitable growth. In this book, you will receive the strategic insight and the practical tool set needed to significantly improve your company's rate of successful innovations. I encourage every executive who is interested in accelerating the growth of his business to read this book.”-EMERY POWELL, New Product Development, Texas Instruments Inc.

About the Author:

Michael L. George is an executive advisor and a leading expert at helping Fortune 500 companies connect strategy to execution. He is author of the bestselling Lean Six Sigma, Lean Six Sigma for Service, and co-author of Conquering Complexity in Your Business. Mike is Chairman and CEO of George Group.

James Works advises senior executive teams in the areas of innovation, business strategy, operations improvement and organizational change. He is President and Chief Operating Officer of George Group.

Kimberly Watson-Hemphill has built a reputation over the last 12 years as a leading expert in the field of innovation and design across many different product, service and business model applications.

"About this title" may belong to another edition of this title.

Top Search Results from the AbeBooks Marketplace

1.

Michael George, James Works, Kimberly Watson-Hemphill
Published by McGraw-Hill Education
ISBN 10: 0071457895 ISBN 13: 9780071457897
New Quantity Available: 1
Seller:
Ohio Valley Goodwill Cincinnati
(Cincinnati, OH, U.S.A.)
Rating
[?]

Book Description McGraw-Hill Education. Book Condition: New. very clean copy. Bookseller Inventory # 1-G-4-3286

More Information About This Seller | Ask Bookseller a Question

Buy New
11.69
Convert Currency

Add to Basket

Shipping: 3.02
Within U.S.A.
Destination, Rates & Speeds

2.

Michael George; James Works; Kimberly Watson-Hemphill
Published by McGraw-Hill Education (2005)
ISBN 10: 0071457895 ISBN 13: 9780071457897
New Hardcover First Edition Quantity Available: 1
Seller:
Irish Booksellers
(Rumford, ME, U.S.A.)
Rating
[?]

Book Description McGraw-Hill Education, 2005. Hardcover. Book Condition: New. book. Bookseller Inventory # M0071457895

More Information About This Seller | Ask Bookseller a Question

Buy New
20.90
Convert Currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, Rates & Speeds

3.

George, Michael L.
Published by McGraw-Hill Education (2005)
ISBN 10: 0071457895 ISBN 13: 9780071457897
New Quantity Available: > 20
Print on Demand
Seller:
Pbshop
(Wood Dale, IL, U.S.A.)
Rating
[?]

Book Description McGraw-Hill Education, 2005. HRD. Book Condition: New. New Book.Shipped from US within 10 to 14 business days.THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000. Bookseller Inventory # IP-9780071457897

More Information About This Seller | Ask Bookseller a Question

Buy New
20.25
Convert Currency

Add to Basket

Shipping: 3.02
Within U.S.A.
Destination, Rates & Speeds

4.

Michael George, James Works, Kimberly Watson-Hemphill
Published by McGraw-Hill (2005)
ISBN 10: 0071457895 ISBN 13: 9780071457897
New Hardcover Quantity Available: 1
Seller:
Ergodebooks
(RICHMOND, TX, U.S.A.)
Rating
[?]

Book Description McGraw-Hill, 2005. Hardcover. Book Condition: New. 1. Bookseller Inventory # DADAX0071457895

More Information About This Seller | Ask Bookseller a Question

Buy New
20.65
Convert Currency

Add to Basket

Shipping: 3.02
Within U.S.A.
Destination, Rates & Speeds

5.

Michael L. George, James Works, Kimberly Watson-Hemphill
Published by McGraw-Hill Education - Europe, United States (2005)
ISBN 10: 0071457895 ISBN 13: 9780071457897
New Hardcover Quantity Available: 10
Print on Demand
Seller:
The Book Depository
(London, United Kingdom)
Rating
[?]

Book Description McGraw-Hill Education - Europe, United States, 2005. Hardback. Book Condition: New. Language: English . Brand New Book ***** Print on Demand *****.Surveys by the Economist and many others show that the top of mind issue for most CEO and managers has shifted from cost reduction to revenue growth. As the world economy shifts from one of contraction to expansion, companies know that revenue growth is strictly dependent on their innovation process. For the majority of companies, more than 25 per cent of this year s revenue are for products and services that did not exist 3 years ago. Moreover, the life-cycle of offerings is growing ever shorter. Sixty percent of companies report that their growth is hampered because the lead time of their innovation process takes too long and costs too much. Companies understand the causes of long lead time and high cost in manufacturing, and its remedy using the Lean methodology. However, the causes of long lead time and high cost in innovation are not understood, nor is their remedy.This book, for the first time, explains the causes of long lead time and ineffective innovation, and provides a proven solution. Conquering the Growth Challenge explains why it takes so long for innovations to reach the market and why they so often fail; and provides solutions for how to reduce time - to market and increase the success rate. It provides the complete foundation for reducing time-to-market of successful innovative offerings, applicable to any business, and is the first to provide quantitative links such that a thoughtful CEO or manager who implements the Fast Innovation process featured in this book can launch a new innovation, confident that it will meet its required delivery date.The solutions discussed in this book have already been applied in varying degrees by firms such as GE, 3M, Toyota and Microsoft. In short, what you ll get in this book is an answer to the challenge every company faces: how can we increase differentiation and competitive advantage while shortening time-to-market? At first glance, that sounds like an impossible goal because increased differentiation was historically accompanied by increased organisational and offering complexity - which often served to clog development pipelines. George provides the necessary implementation infrastructure and tools to achieve: significantly faster and controllable time-to-market; a highly differentiated product, service or experience; low cost of complexity and low cost operations; and, fast operational lead times. Bookseller Inventory # APC9780071457897

More Information About This Seller | Ask Bookseller a Question

Buy New
23.82
Convert Currency

Add to Basket

Shipping: FREE
From United Kingdom to U.S.A.
Destination, Rates & Speeds

6.

George, Michael
Published by McGraw-Hill Companies 7/15/2005 (2005)
ISBN 10: 0071457895 ISBN 13: 9780071457897
New Hardcover Quantity Available: 10
Seller:
BargainBookStores
(Grand Rapids, MI, U.S.A.)
Rating
[?]

Book Description McGraw-Hill Companies 7/15/2005, 2005. Hardback or Cased Book. Book Condition: New. Fast Innovation: Achieving Superior Differentiation, Speed to Market, and Increased Profitability. Book. Bookseller Inventory # BBS-9780071457897

More Information About This Seller | Ask Bookseller a Question

Buy New
24.15
Convert Currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, Rates & Speeds

7.

Michael George
Published by McGraw-Hill Education (2017)
ISBN 10: 0071457895 ISBN 13: 9780071457897
New Hardcover Quantity Available: > 20
Print on Demand
Seller:
Murray Media
(North Miami Beach, FL, U.S.A.)
Rating
[?]

Book Description McGraw-Hill Education, 2017. Hardcover. Book Condition: New. Never used! This item is printed on demand. Bookseller Inventory # 0071457895

More Information About This Seller | Ask Bookseller a Question

Buy New
22.87
Convert Currency

Add to Basket

Shipping: 1.51
Within U.S.A.
Destination, Rates & Speeds

8.

Michael George, James Works, Kimberly Wa
Published by McGraw-Hill Education (2017)
ISBN 10: 0071457895 ISBN 13: 9780071457897
New Hardcover Quantity Available: 2
Print on Demand
Seller:
Murray Media
(North Miami Beach, FL, U.S.A.)
Rating
[?]

Book Description McGraw-Hill Education, 2017. Hardcover. Book Condition: New. Never used! This item is printed on demand. Bookseller Inventory # P110071457895

More Information About This Seller | Ask Bookseller a Question

Buy New
24.94
Convert Currency

Add to Basket

Shipping: 1.51
Within U.S.A.
Destination, Rates & Speeds

9.

Michael L. George, James Works, Kimberly Watson-Hemphill
Published by McGraw-Hill Education - Europe, United States (2005)
ISBN 10: 0071457895 ISBN 13: 9780071457897
New Hardcover Quantity Available: 10
Print on Demand
Seller:
The Book Depository US
(London, United Kingdom)
Rating
[?]

Book Description McGraw-Hill Education - Europe, United States, 2005. Hardback. Book Condition: New. Language: English . Brand New Book ***** Print on Demand *****. Surveys by the Economist and many others show that the top of mind issue for most CEO and managers has shifted from cost reduction to revenue growth. As the world economy shifts from one of contraction to expansion, companies know that revenue growth is strictly dependent on their innovation process. For the majority of companies, more than 25 per cent of this year s revenue are for products and services that did not exist 3 years ago. Moreover, the life-cycle of offerings is growing ever shorter. Sixty percent of companies report that their growth is hampered because the lead time of their innovation process takes too long and costs too much. Companies understand the causes of long lead time and high cost in manufacturing, and its remedy using the Lean methodology. However, the causes of long lead time and high cost in innovation are not understood, nor is their remedy.This book, for the first time, explains the causes of long lead time and ineffective innovation, and provides a proven solution. Conquering the Growth Challenge explains why it takes so long for innovations to reach the market and why they so often fail; and provides solutions for how to reduce time - to market and increase the success rate. It provides the complete foundation for reducing time-to-market of successful innovative offerings, applicable to any business, and is the first to provide quantitative links such that a thoughtful CEO or manager who implements the Fast Innovation process featured in this book can launch a new innovation, confident that it will meet its required delivery date.The solutions discussed in this book have already been applied in varying degrees by firms such as GE, 3M, Toyota and Microsoft. In short, what you ll get in this book is an answer to the challenge every company faces: how can we increase differentiation and competitive advantage while shortening time-to-market? At first glance, that sounds like an impossible goal because increased differentiation was historically accompanied by increased organisational and offering complexity - which often served to clog development pipelines. George provides the necessary implementation infrastructure and tools to achieve: significantly faster and controllable time-to-market; a highly differentiated product, service or experience; low cost of complexity and low cost operations; and, fast operational lead times. Bookseller Inventory # APC9780071457897

More Information About This Seller | Ask Bookseller a Question

Buy New
26.60
Convert Currency

Add to Basket

Shipping: FREE
From United Kingdom to U.S.A.
Destination, Rates & Speeds

10.

Michael George
Published by McGraw-Hill
ISBN 10: 0071457895 ISBN 13: 9780071457897
New Hardcover Quantity Available: > 20
Seller:
BuySomeBooks
(Las Vegas, NV, U.S.A.)
Rating
[?]

Book Description McGraw-Hill. Hardcover. Book Condition: New. Hardcover. 335 pages. Dimensions: 8.8in. x 5.9in. x 1.3in.How can I create an innovation engine that will consistently deliver substantial organic growth This question is the number-one issue for most CEOs and senior executives today. Innovation is a critical driver of organic growth, yet based on the authors research, only a small percent of companies effectively use innovation to sustain long-term, profitable growth. And the stakes couldnt be higher-failure to create successful new products, services, and business models causes stagnating or declining profits. Now, for the first time, experts Michael George, James Works and Kimberly Watson-Hemphill explain the surprising and significant gap between the CEOs growth goals and actual performance. The authors, who are experts at connecting strategy to execution, give you a complete blueprint for exploiting the strategic and operational dimensions of innovation. Using fresh insights about the true drivers of fast time-to-market and the inadequate success rate of innovation, Fast Innovation reveals: Why current approaches to innovation fail A new strategic and tactical plan that will help your company dramatically reduce time-to-market by 50 to 80 percent The secret for finding out what your customers really want (not just what they say they want) Tools and methods for turning customer insights into ideas that will generate significant ROI The key levers that senior leadership must engage to create innovation capability across the business Youll receive specific actionable solutions for driving disruptive and sustaining innovation at the strategic, portfolio and project level. Youll also learn how to improve how much time your innovation teams actually spend innovating, and discover the changes that must be launched at the corporate level in order to enable the whole business to embrace and get results from this approach. This item ships from multiple locations. Your book may arrive from Roseburg,OR, La Vergne,TN. Hardcover. Bookseller Inventory # 9780071457897

More Information About This Seller | Ask Bookseller a Question

Buy New
27.63
Convert Currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, Rates & Speeds

There are more copies of this book

View all search results for this book