Cover image for The Silver lining : an innovation playbook for uncertain times
Title:
The Silver lining : an innovation playbook for uncertain times
Personal Author:
Publication Information:
Boston, MA : Harvard Business Press, 2009
Physical Description:
ix, 210 p. : ill. ; 22 cm.
ISBN:
9781422139011

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Summary

Summary

Experts agree: The turbulence triggered by the economic shock of 2008 constitutes the "new normal." Unfortunately, too many managers have become paralyzed by it, capable only of slashing costs indiscriminately.

Though examining spending during recessions makes sense, the smartest executives do much more. As Scott Anthony reveals in The Silver Lining, these leaders continue innovating--by stopping ineffective initiatives, changing key business processes, and starting more productive behaviors. Result? Their companies emerge from downturns stronger than ever.

Providing a wealth of ideas, tools, and examples from diverse industries, Anthony explains how to safeguard your company's profitability during even the toughest recessions. You'll discover how to:

-Prune your innovation and business portfolio to liberate resources for more promising initiatives

- Adopt a radical new market-segmentation scheme that helps you re-feature your offerings to reduce costs while delivering new value to customers

- Reinvent your innovation process to drive fresh growth

- Mitigate innovation risks by conducting strategic experiments and forging alliances with customers and other external entities

- Appeal to increasingly value-conscious customers to fend off low-cost attackers

In today's brutal economic climate, executives must pare costs to the bone while planting and nurturing seeds for tomorrow's growth. The Silver Lining explains how to master this seemingly impossible challenge.


Author Notes

Scott D. Anthony is president of Innosight, an innovation consultancy, and lead author of The Innovator's Guide to Growth: Putting Disruptive Innovation to Work . At Innosight, he has worked with clients ranging from national governments to leading consumer-products, media, health-care, telecommunications, and software companies.


Table of Contents

Introductionp. vii
1 The Great Disruptionp. 1
2 Prune Prudentlyp. 23
3 Refeature to Cut Costsp. 49
4 Increase Innovation Productivityp. 67
5 Master Smart Strategic Experimentsp. 91
6 Share the Innovation Loadp. 113
7 Learn to Love the Low Endp. 125
8 Drive Personal Reinventionp. 149
9 What's Next for Innovation?p. 165
Appendix: Selected Experiments from The Innovator's Guide to Growthp. 181
Notesp. 185
Indexp. 195
About the Authorp. 209