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Wednesday, November 7, 2012
Other Side of Innovation: Post#11--Conclusion
Conclusion: To be successful, innovative initiatives need to start off well—avoid making the PE resistive by looking like a rogue upstart. Also, select a leader for the DT who has status and power in the company, broad experience in the PE, and serves the long-term interests of the company. In this final chapter, the authors address the following myths, among others: Innovation is all about ideas, the great leader never fails, effective innovators are subversives fighting the system (see p. 179 for a more complete list). In what amounts to an appendix, the authors offer several assessment tools worth looking at. I especially appreciated their Scholarly Foundations section that serves as a comprehensive annotated bibliography for anyone interested in doing further inquiry on the subject. This