Grabbing Lightning: Building a Capability for Breakthrough Innovation

O'Connor, G. Colarelli

Published by Jossey-Bass
ISBN 10: 0787996645 / ISBN 13: 9780787996642
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Synopsis: Established companies are clamoring for breakthrough innovation, but are often hamstrung by the highly reliable, repeatable processes of their management systems. Based on years of research, Grabbing Lightning shows how twelve companies have tried to develop a capability for sustainable breakthrough innovation and outlines best practices for your organization.

The authors show how the management system for innovation is different from the traditional one in that it allows?and even encourages?mistakes and failures in order to promote learning. Grabbing Lightning outlines the three building blocks of breakthrough innovation (BI) and shows what it takes to become an organization that values the BI management system.

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Praise for Grabbing Lightning

"Starting and growing radically new businesses inside the firm is something all large companies struggle with—nobody has completely broken the code. But through active observation and study of a range of firms, including IBM, over a multiyear period, this team has surfaced and codified important insights that help pave the way. While there is not one standard solution, there are valuable lessons presented that ease the pain when 'grabbing lightning.'"
—Mike Giersch, vice president of strategic planning, IBM Corporation

"Innovation that brings results—that's what we all want! Building on their work with many leading companies, the authors bring great insights to innovation. While there is no easy formula for success, many elements are explored. Their view is systemic and recognizes the various stages of innovation and new business creation. This book is brimming with ideas and concepts helpful to all of us who take on this exciting challenge of harnessing the creative to deliver breakthrough results."
—Angela Biever, vice president, Intel Capital; managing director, Consumer Internet Sector, Intel Corporation

"Everybody wants innovation to be part of their culture. Grabbing Lightning offers a practical path to spark and then institutionalize innovation."
—Beth Eckenrode, vice president, AST Business Development and Licensing, Nova Chemicals

"The authors provide a compelling account of how leading companies organize for better innovation results. Every company committed to improving its innovation performance would do well to study this book carefully."
—Henry Chesbrough, author, Open Innovation and Open Business Models; adjunct professor, University of California Berkeley's Haas School of Business

"In Grabbing Lightning, the authors have articulated a clear blueprint for building and sustaining rigorous innovation capability within an existing company. This articulation is particularly credible because it is based on extensive study of innovation companies."
—Mark Newhouse, senior vice president and director, new business development, Corning Inc.

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Title: Grabbing Lightning: Building a Capability ...
Publisher: Jossey-Bass
Binding: Hardcover
Book Condition: New

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