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Monday, October 29, 2012

Other Side of Innovation: Post#5--Distinct & Disciplined

Distinct but Disciplined: In order for innovation to happen, the innovation team must be distinct from the PE. However, beyond just being distinct, the innovation team must be disciplined. So, distinct and disciplined rules the day. The temptation for companies is to see a good idea and tell innovation teams to just “go for it.” Rather, the authors caution that innovative initiatives require a team with a customized organizational model and a plan that gets revised through experimentation and learning.

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