Saltar a navegação
Play Bold
Book

Play Bold

How to Win the Business Game through Creative Destruction

Leaders Press, 2021 mais...

Buy the book


Editorial Rating

7

getAbstract Rating

  • Concrete Examples
  • Hot Topic

Recommendation

Innovation specialist Magnus Penker breaks down why seemingly successful businesses fail while others embrace radical innovation to avoid failure. Penker offers familiar advice: Don’t become complacent, embrace failure and invest in sustainability. But he also believes that listening to customers is a mistake, and that company founders make poor managers. While there is no sure-fire way to thrive in a cutthroat world, Penker offers bold leaders reassurance that survival remains possible.

Summary

Everything people need in the world already exists. Innovators recombine elements to make something new.

Why are some companies more successful than others? The answer lies in how companies become successful in the first place. Companies that thrive invest in three capacities: innovation, capabilities and competencies. A competency is a measure of how well a person performs a task. A capability is the untapped potential within a company’s team. Assemble people with the right competencies into teams to create capability, which drives innovation. Create the right team with the right people who possess the right competencies. Teams must be fluid, stay ahead of the competition and keep innovating to elevate their capabilities in order to remain successful.

The “S-curve” represents a company’s lifespan. It’s born, grows, matures and then fades out. Instead of fading out, your company can leap – as your first S-curve diminishes – to the start of your next one. Extend your S-curve with incremental innovation, then make the leap with radical innovation. The former nominally increases a company’s value, but is safe until it reaches...

About the Author

Author of the book series The Complete Guide to Business Innovation Magnus Penker is the founder and CEO of the Innovation360 Group.


Comment on this summary

More on this topic

Related Skills

Avance na carreira
AI Transformation
Torne-se mais adaptável
Carreira
Estruture um plano de negócios
Desenvolva a organização
Setor aeroespacial e de defesa
Discover Economy
Setor financeiro
Setor de seguros
Setor esportivo
Aprimore a experiência do cliente
Lidere estrategicamente
Gerencie riscos
Gestão
Análise do mercado por setor
Marketing
Crescimento pessoal
Habilidades no ambiente de trabalho
Tendências de mercados emergentes
Impactos das políticas econômicas
Leverage AI for Customer Experience
Crie alinhamento produto-mercado
Liderança executiva
Fomente uma cultura de inovação
Futuro do setor de seguros
Planeje estrategicamente
Seja criativo
Defenda novas ideias
Impulsione o desenvolvimento de produtos
Construa a sua startup
Gerencie o capital intelectual
Tenha sucesso como empreendedor
Desafios do setor aeroespacial e de defesa
Integre o feedback dos clientes
Compreenda modelos de negócios
Modelos de negócio inovadores
Desafios do setor esportivo
Questione suposições
Empreendedorismo
Desafios do setor financeiro
Engaje-se no intraempreendedorismo
Aplique o design thinking
Aplique a inovação aberta
Aceite o fracasso inteligente
Utilize o planejamento de cenários
Promova a centralidade no cliente
Gerencie a inovação de produtos
Compreenda a inovação
Futuro do setor financeiro
Organize a inovação
Identifique necessidades do cliente
Incentive a experimentação
Inovação
Inove estrategicamente
Adote a abordagem lean startup
Desenvolva produtos inovadores
Alavanque a ambidestria