Summary of Innovation Excellence

Creating Market Success in the Energy and Natural Resources Sectors

Stephan Scholtissek

Kogan Page, 2011 more...

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What can Perrier and petrol teach you about innovation?

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8 Applicability

6 Innovation

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Recommendation

Stephan Scholtissek, the global managing director for growth and strategy in Accenture’s Global Resources Operating Group, understands how innovation works and why it matters. He communicates its importance firmly and clearly through an array of examples, drawing on firms as varied as BP and Perrier. He demonstrates innovation’s centrality to the energy and natural resources sector, though his arguments are applicable to all industries. And, his lucid case studies illustrate how innovation occurs but are, sadly, too brief; they speed past how people made pivotal discoveries and implemented new ideas. That aside, getAbstract recommends Scholtissek’s beautifully produced book to those interested in innovating more effectively or in tracing the impact of innovation.

In this summary, you will learn

Why innovation matters,
How certain well-known firms have innovated successfully and
What principles govern productive innovation.

Summary

The Importance of Innovation
The business environment is changing. As the world globalizes, the “diamonds” that companies vie for and treasure today – skilled labor, natural resources, capital, and so on – will become as commoditized as water in the near future. Global prices will “harmonize...

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