- Well Structured
- Concrete Examples
Complex structures, inertia and politics obstruct innovation at established companies. Some consultants even recommend that successful companies focus on their core business while keeping a watchful eye on start-ups so that they can snatch them up when their innovations begin to take off. But innovation strategy expert and Harvard professor Gary P. Pisano recommends keeping it in-house: The right strategy, system and culture, he says, can enable even established firms to make innovation feasible.
About the Author
Economist Gary P. Pisano, PhD, teaches business administration at Harvard Business School and is the author of several books on innovation, strategy, manufacturing, and competitiveness – including Science Business and Producing Prosperity.