InnoBlog

Making M&A a Powerful Pillar of Your Growth Strategy

A ‘future-back’ approach to mergers & acquisitions: While M&A as a lever to drive growth, innovation, and transformation is more vital than ever, most companies struggle to use M&A effectively. Leaders often attribute this struggle to the difficulties of executing or integrating M&A, but we believe that the root cause is more fundamental: a failure to

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When Innovators Fail

When Innovators Fail: Frustration, Wishful Thinking, and the Building of an Innovation Engine: If an athletic department at a large university made a decision to develop a world class rowing program, but the university administrators banned all water sports as too risky, we could hardly expect much in terms of rowing greatness. However, all too often

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Long-Term View in a Short-Term Economy

Investors are increasingly seeking firms with long-term growth strategies, rather than ones focused on managing short-term earnings to boost the stock price. This, in turn, is triggering a shift in the perceived role of the CFO — from bean counters to planters of seed corn. No one has done more to spotlight the contrast than

Where Zombie Projects Come From

I was recently in a meeting with an innovation manager at a large company who told me about all the projects he was overseeing. When I asked who was actually working on these efforts, he mentioned there were some part-time internal people and some external contractors. I told him politely that it was highly unlikely

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What Do You Really Mean by Business “Transformation”?

Today’s corporate watchword word is transformation, and for good reason. One study suggests that 75% of the S&P 500 will turn over in the next 15 years. Another says that one in three companies will delist in the next five years. A third shows that the “topple rate” of industry leaders falling from their perch

How to Create Happier Outcomes for New Ventures

The workshop at a large global consumer products company ended in an unfortunate place. After an engaged discussion and the review of the first three years of a product launch, the group concluded that an entire product line should be shut down. What mattered, though, wasn’t the outcome so much as its meaning. Someone mentioned…

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How to Tell If a Company Is Good at Innovating or Just Good at PR

In many organization, innovation has gone from fringe to buzzword to a must-have. There are a variety of legitimate reasons for companies to bolster their innovation capabilities, ranging from fighting against current and emerging competitors to raising morale and attracting younger employees.

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How Understanding Disruption Helps Strategists

Through the past 15 years my colleagues and I have wrestled with disruption in many contexts. That’s no surprise, since Clayton Christensen co-founded our company in 2000, five years after his Harvard Business Review article with Joseph L. Bower “Disruptive Technologies: Catching the Wave” introduced the idea of disruption to the mainstream market.

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Leading a Digital Transformation? Learn to Code

Leaders ascend to their positions by mastering today’s (or even yesterday’s) business. Almost by definition, they don’t have first-hand experience with a disruptive shift in their market when they encounter it. A lack of intuition around the new and different can at best slow progress and at worst lead to serious strategic missteps.

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Five Trends of the Future Consumer

Last week I had the pleasure of attending Copenhagen Institute for Future Studies’ Summer University, “The Future Consumer and Marketplace.”  CIFS is an international, apolitical, and not-for-profit organization that is one of Scandinavia’s largest Future Studies think tanks. Founded in 1970 by Thorkil Kristensen, a former OECD Secretary-General and Danish Finance Minister…

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