Cover image for Developing innovative organizations : a roadmap to boost your innovation potential
Title:
Developing innovative organizations : a roadmap to boost your innovation potential
Personal Author:
Publication Information:
Houndmills, Basingstoke, Hampshire ; New York : Palgrave Macmillan, c2011.
Physical Description:
xv, 209 p. : ill. ; 24 cm.
ISBN:
9780230289420

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30000010293136 HD53 G35 2011 Open Access Book Book
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30000010293499 HD53 G35 2011 Open Access Book Book
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Summary

Summary

Combining insights from leading academic research and experienced managers, this book provides a systematic framework to understand what innovation is, why it matters, how it can be managed and how it can help your organization to reach its objectives.


Author Notes

BENOÎT GAILLY Professor in Innovation Management and Strategy at the Centre of Research in Entrepreneurial Change and Innovative Strategies (CRECIS) of the Louvain School of Management. He holds a Master in Engineering, a PhD in Applied Mathematics, a Master in Technology Studies and a Master in Business Administration. His main research themes are innovation capabilities and innovation support systems, both from a policy and business point of view. At the Université Catholique de Louvain he held the Puilaetco Chair in Management and Financing of Technology innovation and was the President of the Technology Transfer Board. Benoit Gailly is also the co-director of University Executive Education Programme in Innovation Management. Before working at UCL he was a consultant and manager at McKinsey & Company. During the last 15 years Benoit Gailly has been working as board member, adviser, facilitator or expert regarding the development of innovation management capabilities for start-ups, international corporations and policy makers. He was also board member of the Belgian Federal Investment Fund, the Brussels Regional Investment Fund and of the Technology Support Board of the Walloon Region. His clients include international corporations in the glass, chemical, financial petrochemical, ICT, pharmaceutical, raw material and electronics sectors and the European Commission as well as numerous high-tech start-ups and academic spinoffs.


Table of Contents

List of figuresp. viii
Acknowledgementsp. ix
About the authorp. x
Introductionp. xi
What the book is aboutp. xi
To whom the book is dedicatedp. xi
What you will get out of the bookp. xii
What you will not get out of the bookp. xii
Structurep. xiii
Part I Understanding the Innovation Challenge
Chapter 1 Understanding innovationp. 3
Short case: cell phonesp. 3
Much more than creativityp. 5
Managing change and adoptionp. 10
Much more than new product developmentp. 19
How big is the change?p. 22
Key points to take away from Chapter 1p. 23
Further readingp. 24
Chapter 2 Why worry? The case for innovationp. 26
Short case: the electric car challengep. 26
Global trendsp. 28
Industry trendsp. 32
Building the right capabilitiesp. 35
Key points to take away from Chapter 2p. 36
Further readingp. 37
Synthesis of Part Ip. 39
Part II Developing Innovation Capabilities
Chapter 3 Strategy: how and how much to innovatep. 43
Short case: strategic innovations in the airline industryp. 43
How to develop innovative corporate strategiesp. 45
How to develop innovative business strategiesp. 50
How innovative should your strategy be?p. 60
Key points to take away from Chapter 3p. 67
Further readingp. 68
Chapter 4 Nurturing entrepreneurial resourcesp. 70
Short case: boosting entrepreneurship at Plastics Ltd.p. 70
Innovative people: nurturing corporate entrepreneursp. 72
Innovative teams: building winning packsp. 80
Innovative organizations: deliverables, cultures and structuresp. 85
Innovative ecosystems: networks of innovationp. 98
Key points to take away from Chapter 4p. 106
Further readingp. 108
Chapter 5 Sourcing: finding the gold nuggetsp. 110
Short case: identifying opportunities at Materials Internationalp. 110
Sources of innovationp. 112
Harvesting corporate knowledge (internal sources)p. 122
Harvesting the environment (external sources)p. 132
Key points to take away from Chapter 5p. 137
Further readingp. 139
Chapter 6 Assessing innovationsp. 141
Short case: raising funds for GeneticToolsp. 141
Introduction: the art of business planningp. 143
Opportunity: why it is there and what it is aboutp. 147
Resources: who and how much?p. 158
Integrating uncertaintiesp. 167
Key points to take away from Chapter 6p. 174
Further readingp. 176
Chapter 7 Managing the innovation pipelinep. 177
Short case: changing coursep. 177
Why it's not just project managementp. 179
Adaptative management: stages, portfolios and gatesp. 182
Key points to take away from Chapter 7p. 194
Further readingp. 195
Synthesis of Part IIp. 196
Conclusionp. 198
Notes and referencesp. 201
Indexp. 206