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Business, Finance & Law      Management

The Illusion of Innovation: Escape "Efficiency" and Unleash Radical Progress

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Book Details
Language
English
Publishers
Ideapress Publishing (16 April 2024)
Weight
0.42 KG
Publication Date
16/04/2024
ISBN-10
1646871545
Pages
200 pages
ISBN-13
9781646871544
Dimensions
13.34 x 2.54 x 18.42 cm
SKU
9781646871544
Author Name
Parker Elliott (Author)
ELLIOTT PARKER is founder and CEO of High Alpha Innovation, a venture builder that partners with corporations, universities, and entrepreneurs to co-create startups that solve compelling problems. He built his career in strategy consulting at Innosight, the firm founded by Clayton Christensen, in corporate venturing, and as an entrepreneur bringing new ideas to market. To date, he has launched over 40 venture-backed startups. Originally from California, Elliott currently resides with his family in Indiana. He earned a B.S. in Finance from BYU and an M.B.A. from the UCLA Anderson School of Management.Read more about this authorRead less about this author
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TIMELY: The global Covid-19 crisis exposed the fragility of corporations and their ineffectiveness in the face of challenge. Trust in institutions is at an all-time low, and it's no wonder: our institutions, including corporations, are less capable than they once were.

The reason? They’re too focused on efficiency, and their sterility makes it hard for them to learn and adapt.   UNIQUE APPROACH: Venture-backed startups are proving that small teams can win and create and capture massive value-quickly.

They’re disrupting large corporations more easily than ever, and corporate lifespans are shrinking. There are lessons large corporations can learn from those startups and how they embrace chaos and inefficiency to learn.

TRENDING TOPICS: Communications, AI-enabled computing, and energy are all becoming pervasive and free. The future is going to be weirder than any of us can imagine, and it is coming quickly.

The world is becoming more decentralized. In that environment, it will be harder than ever for large companies to survive.

But we need corporations to be successful; there are important problems that only scaled corporations can solve at scale. ACTIONABLE ADVICE: This book gives corporate leaders a foundation for understanding why innovation in their company isn’t working, why it seems to be getting harder, and what to do about it.

The book teaches executives how to run more fast, weird, and cheap experiments to learn, adapt, and build resilience. STRONG FOUNDATION: The author spent seven years working alongside innovation theory leader Clayton Christensen at the strategy consultancy firm Innosight helping Fortune 500 leaders overcome the Innovator’s Dilemma.

This book builds on Clay’s theories and what we’ve learned in the 25 years since the Innovator’s Dilemma was published. EXPERT IN THE FIELD: The author has launched more than 40 venture-backed startups and is founder and CEO of a company, High Alpha Innovation, that partners with corporations, universities, and entrepreneurs to build ventures that solve wicked problems.

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