New Strategies for Growth: Manage Today, Invent the Future
Monday, June, 20, 2016
|12:00 PM - 1:00 PM||US Eastern|
|11:00 AM - 12:00 PM||US Central|
|10:00 AM - 11:00 AM||US Mountain|
|9:00 AM - 10:00 AM||US Pacific|
|4:00 PM - 5:00 PM||GMT|
Innovation is a top priority in almost every company. Leaders already know that innovation calls for a different set of activities, skills, methods, metrics, mindsets, and leadership approaches. And it is well understood that creating a new business and optimizing an already existing one are fundamentally different management challenges. The problem is doing both, simultaneously.
How do you meet the performance requirements of a thriving business while at the same time reinventing it? How do you change your current business model before a crisis forces you to do so?
Innovation expert Vijay Govindarajan is at the forefront in completely rethinking innovation. In his latest book, The Three Box Solution, Govindarajan provides an innovation toolkit with a simple and proven method for allocating an organization’s energy, time, and resources—in balanced measure—across “the three boxes”:
- Box 1: The present—Manage the core business at peak profitability
- Box 2: The past—Abandon ideas, practices, and attitudes that could inhibit innovation
- Box 3: The future—Convert breakthrough ideas into new products and businesses
The three-box framework makes leading innovation easier because it gives leaders a simple vocabulary and set of tools for managing and measuring these different sets of behaviors and activities across all levels of the organization.
On June 20, 2016 in a live, interactive Harvard Business Review webinar, Govindarajan will share insights from this new book and will provide rich examples—from companies like GE, IBM, and Tata Consultancy Services—along with testimonies from leaders who have successfully used this framework.
If your company faces a practical dilemma of how to innovate for the future while simultaneously managing a successful core business, join HBR and Vijay Govindarajan on June 20 for insights on how to simultaneously do both.
About the Speaker
Vijay Govindarajan, known as VG, is widely regarded as one of the world's leading experts on strategy and innovation. VG, NYT and WSJ Best Selling author, is the Coxe Distinguished Professor at Dartmouth College's Tuck School of Business and the Marvin Bower Fellow at Harvard Business School. The Coxe Distinguished Professorship is a new Dartmouth-wide faculty chair. He was the first Professor in Residence and Chief Innovation Consultant at General Electric. He worked with GE's CEO Jeff Immelt to write "How GE is Disrupting Itself", the Harvard Business Review (HBR) article that pioneered the concept of reverse innovation - any innovation that is adopted first in the developing world. HBR picked reverse innovation as one of the Great Moments in Management in the Last Century. In the latest Thinkers 50 Rankings, Govindarajan was ranked the #1 Indian Management Thinker.