In Relentless Innovation: What Works, What Doesn't - and What That Means for Your Business, expert innovation consultant Jeffrey Phillips posits that companies which fail to regularly exercise new ways of thinking about their products, services, problems and market share, put themselves on the path to obsolesce. Finding the perfect balance between an effective operating model and consistent focus on innovation is only possible but is vitally important.
Phillips identifies two key barriers to innovation - entrenched "business as usual" process which emphasise efficiency over innovation, and the middle managers who are charged with achieving quarterly financial goals. Relentless innovators demonstrate an "innovation business as usual" philosophy that achieves balance between efficiency and innovation. His book details specific steps that will enable any firm to become a Relentless Innovator.
Resorting the balance between innovation and efficiency, growing revenues and differentiation while achieving financial objectives and efficiently - this is the benefit of Relentless Innovation.
Jeffrey Phillips leads the innovation consulting team at OVO Innovation, a consulting and training firm working primarily with Fortune 500 firms. OVO Innovation partner with its clients to create a sustainable, repeatable innovation capability by training and building innovation teams, defining innovation processes, and developing open innovation partnerships. He is a well-known throught leader in the innovation space and regularly blogs and innovation.
Relentless Innovation
McGraw Hill
Author: Jeffrey Phillips
ISBN: 9780071786805
Price: $26.95
Question: What inspired you to write Relentless Innovation?
Jeffrey Phillips: This is a funny, true story. I was working with a client, preparing to present ideas to a very senior executive for his approval. The executive liked the ideas very much, but said "the BAU won't let you do these". I wasn't familiar with the BAU - I thought that was a team or group within the organization. No, he said. The BAU is "business as usual". He meant the way the organization typically did things would be a barrier to new ideas. That made me think - what if all companies have a BAU that blocks innovation? Would that mean innovation is difficult for many firms? If so, how does any firm innovate?
Question: Who or what encouraged you to begin a career in business consulting?
Jeffrey Phillips: I started out in consulting, right out of college. I've always enjoyed solving problems, and in most regards good consultants are just serial problem solvers. I think many consultants are also people who want new experiences and new challenges, rather than working in the same industry or on the same problems day in and day out. That opportunity appeals to me.
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