Summary: The Other Side of Innovation

The must-read summary of Vijay Govindarajan and Chris Trimble's book: 'The Other Side of Innovation: Solving the Execution Challenge'.This complete summary of the ideas from Vijay Govindarajan and Chris Trimble's book 'The Other Side of Innovation' shows that companies are struggling to make innovation happen. Some give their workers free time to come up with new ideas, some have detailed processes for closing the loop between ideas and execution, and others put the burden of innovation on talented individuals. In their book, the authors explain that the undeniable fact is that organisations are not designed for innovation. They are optimised for ongoing operations. Innovation must be carried out in partnership with the corporation's performance engine to be useful. This summary provides an accurate formula for innovation that companies can use to successfully come up with new ideas.Added-value of this summary:* Save time* Understand key concepts* Expand your knowledgeTo learn more, read 'The Other Side of Innovation' and discover the key to making your company successful through innovation.