The Three-Box Solution
  • Author : Vijay Govindarajan
  • Release Date : 26 April 2016
  • Publisher : Harvard Business Review Press
  • Genre : Business & Economics
  • Pages : 256
  • ISBN 13 : 9781633690158
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Book excerpt: How to Innovate and Execute Leaders already know that innovation calls for a different set of activities, skills, methods, metrics, mind-sets, and leadership approaches. And it is well understood that creating a new business and optimizing an already existing one are two fundamentally different management challenges. The real problem for leaders is doing both, simultaneously. How do you meet the performance requirements of the existing business—one that is still thriving—while dramatically reinventing it? How do you envision a change in your current business model before a crisis forces you to abandon it? Innovation guru Vijay Govindarajan expands the leader’s innovation tool kit with a simple and proven method for allocating the organization’s energy, time, and resources—in balanced measure—across what he calls “the three boxes”: • Box 1: The present—Manage the core business at peak profitability • Box 2: The past—Abandon ideas, practices, and attitudes that could inhibit innovation • Box 3: The future—Convert breakthrough ideas into new products and businesses The three-box framework makes leading innovation easier because it gives leaders a simple vocabulary and set of tools for managing and measuring these different sets of behaviors and activities across all levels of the organization. Supported with rich company examples—GE, Mahindra & Mahindra, Hasbro, IBM, United Rentals, and Tata Consultancy Services—and testimonies of leaders who have successfully used this framework, this book solves once and for all the practical dilemma of how to align an organization on the critical but competing demands of innovation.

The Three Box Solution

The Three Box Solution

Author : Vijay Govindarajan
Publisher : Harvard Business Review Press
Genre : Business & Economics
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How to Innovate and Execute Leaders already know that innovation calls for a different set of activities, skills, methods, metrics, mind-sets, and leadership approaches. And it is well understood that creating a new business and optimizing an already existing one are two fundamentally different management challenges. The real problem for ...

The Other Side of Innovation

The Other Side of Innovation

Author : Vijay Govindarajan,Chris Trimble
Publisher : Harvard Business Press
Genre : Business & Economics
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In their first book, Ten Rules for Strategic Innovators, the authors provided a better model for executing disruptive innovation. They laid out a three-part plan for launching high-risk/high-reward innovation efforts: (1) borrow assets from the existing firms, (2) unlearn and unload certain processes and systems that do not serve the new ...

The Three Box Solution Playbook

The Three Box Solution Playbook

Author : Vijay Govindarajan,Manish Tangri
Publisher : Harvard Business Press
Genre : Business & Economics
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A new, comprehensive playbook for innovation from the New York Times bestselling author of Reverse Innovation, Vijay Govindarajan In his seminal book The Three-Box Solution, Vijay Govindarajan offered an amazingly simple and highly effective framework for leading innovation: Execute the present core business at peak efficiency (Box 1) Avoid the inhibiting ...

Beyond the Idea

Beyond the Idea

Author : Vijay Govindarajan,Chris Trimble
Publisher : St. Martin's Press
Genre : Business & Economics
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The New York Times bestselling authors of Reverse Innovation and How Stella Saved the Farm distill more than a decade of exclusive research into one short, powerful, action-oriented book. Companies stumble when they imagine that innovation is mostly about ideas. The reality is that ideas are only beginnings. Indeed, even ...

How Stella Saved the Farm

How Stella Saved the Farm

Author : Vijay Govindarajan,Chris Trimble
Publisher : St. Martin's Press
Genre : Business & Economics
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How Stella Saved the Farm is a simple parable about making innovation happen. Written by the authors of the New York Times bestselling Reverse Innovation: Create Far From Home, Win Everywhere, the story resonates in organizations of all types—public sector, private sector, and social sector, from mammoth corporations to ...

Reverse Innovation

Reverse Innovation

Author : Vijay Govindarajan,Chris Trimble
Publisher : Harvard Business Press
Genre : Business & Economics
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A New York Times, Wall Street Journal, USA Today, Amazon Bestseller Reverse Innovation is the new business idea everyone is talking about. Why? Because it presents the blueprint for scaling growth in emerging markets, and importing low-cost and high impact innovations to mature ones. Innovation is no longer the exclusive ...

Dual Transformation

Dual Transformation

Author : Scott D. Anthony,Clark G. Gilbert,Mark W. Johnson
Publisher : Harvard Business Review Press
Genre : Business & Economics
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Game-changing disruptions will likely unfold on your watch. Be ready. In Dual Transformation, Scott Anthony, Clark Gilbert, and Mark Johnson propose a practical and sustainable approach to one of the greatest challenges facing leaders today: transforming your business in the face of imminent disruption. Dual Transformation shows you how your ...

Reverse Innovation in Health Care

Reverse Innovation in Health Care

Author : Vijay Govindarajan,Ravi Ramamurti
Publisher : Harvard Business Press
Genre : Business & Economics
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Health-Care Solutions from a Distant Shore Health care in the United States and other nations is on a collision course with patient needs and economic reality. For more than a decade, leading thinkers, including Michael Porter and Clayton Christensen, have argued passionately for value-based health-care reform: replacing delivery based on ...

The Little Black Book of Innovation

The Little Black Book of Innovation

Author : Scott D. Anthony
Publisher : Harvard Business Press
Genre : Business & Economics
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Innovation transforms companies and markets. It's the key to solving vexing social problems. And it makes or breaks professional careers. But for all the enthusiasm the topic inspires, the practice of innovation - how to do it-has remained stubbornly impenetrable. No longer. In The Little Black Book of Innovation, leading ...

Half Shell Propheces

Half Shell Propheces

Author : Ruthanne Reid
Publisher : Ruthanne Reid
Genre : Fiction
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FRIGHTENED MONSTERS. STOLEN TIME. AND ONE SERIOUSLY UNDERESTIMATED DAMSEL. Katie ran from the magical world years ago. She never planned on being dragged back in by a prophesying clamshell. The seers believe she alone can prevent an apocalypse of ruined time and broken worlds. Bran the Crow King believes she ...

Leaving Your Leadership Legacy

Leaving Your Leadership Legacy

Author : Shane Yount
Publisher : Createspace Independent Publishing Platform
Genre : Uncategorized
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The authors of this book explain the differences between managing by the 3-Ps (Proximity, Position, and Persuasion) and the 3-Cs (Clarity, Consistency, and Connectivity). Leaders who employ the 3-Ps manage with a focus on the individual. Leaders who use the 3-Cs, however, manage by weaving personal leadership techniques with a ...

More Clients    More Often    More Money

More Clients More Often More Money

Author : Jim Gehrke
Publisher : Unknown
Genre : Uncategorized
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In this book you will explore the "3 ways to grow any business." They are: 1) Increase the number of clients you presently have 2) Increase the number of times a client visits your business/website 3) Increase the amount of money your client spends during each visit That's how I came up with ...

Innovation Alchemists

Innovation Alchemists

Author : Luis Solis
Publisher : Unknown
Genre : Uncategorized
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Innovation is an imperative for any organization seeking sustained growth. To infuse the organization with urgency and focus, CEOs are hiring Chief Innovation Officers (CINO). It's the hottest new "C" in the executive suite. But how should a CEO hire the right CINO, and what can executives aspiring to the ...