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Serial Innovators - How Individuals Create and Deliver Breakthrough Innovations in Mature Firms (Hardcover)
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Serial Innovators - How Individuals Create and Deliver Breakthrough Innovations in Mature Firms (Hardcover)
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"Serial Innovators: How Individuals Create and Deliver Breakthrough
Innovations in Mature Firms" zeros in on the cutting-edge thinkers
who repeatedly create and deliver breakthrough innovations and new
products in large, mature organizations. These employees are
organizational powerhouses who solve consumer problems and
substantially contribute to the financial value to their firms.
In this pioneering study, authors Abbie Griffin, Raymond L. Price,
and Bruce A. Vojak detail who these serial innovators are and how
they develop novel products, ranging from salt-free seasonings to
improved electronics in companies such as Alberto Culver,
Hewlett-Packard, and Procter & Gamble. Based on interviews with
over 50 serial innovators and an even larger pool of their
co-workers, managers and human resources teams, the authors reveal
key insights about how to better understand, emulate, enable,
support, and manage these unique and important individuals for
long-term corporate success. Interestingly, the book finds that
serial innovators are instrumental both in cases where firms are
aware of clear market demands, and in scenarios when companies take
risks on new investments, creating a consumer need.
For over 25 years, research on innovation has taken the perspective
that new product development can be managed like any other
(complex) process of the firm. While a highly structured and
closely supervised approach is helpful in creating incremental
innovations, this book finds that it is not conducive to creating
breakthrough innovations. The text argues that the drive to
routinize innovation has gone too far; in fact, so far as to limit
many mature firms' ability to create breakthrough innovations. In
today's economy, with the future of so many large firms on the
line, this book is a clarion call to businesses to rethink how to
nurture and thrive on their innovative workforce.
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