Payback: Reaping the Rewards of Innovation

Payback: Reaping the Rewards of Innovation

By: Andrew, James P., Sirkin, Harold L., Butman, John

Price: $7.95

Quantity: 1 available

Book Condition: Used - Good



If you're like most people, you bet your career and company on innovation--because you must. Payback: Reaping the Rewards of Innovation offers you a new way to think about and manage innovation that will dramatically improve the odds of success.

Authors James Andrew and Harold Sirkin, senior partners in The Boston Consulting Group, describe an approach to managing innovation based on the concept of a cash curve--which tracks investment against time. They ask the questions you need to ask: How much should you invest in a new product or service? How fast should you push it to market? How quickly can you get to optimal value? How much additional investment should you pour into sustaining and building the product or service?

Payback offers you practical and economically sound advice on when to pursue cash flow indirectly by first pursuing other benefits, such as brand and knowledge. It also shows you how to reshape the cash curve by using different business models--integrator, orchestrator, and licenser--each of which balances risk and reward differently.

The authors then present a short list of decisions and activities that you must make--not delegate--to achieve a high return on innovation. You won't find facile answers in Payback--but you will find valuable insights and practical guidance for mastering one of the most challenging and critical business activities: innovation.

Title: Payback: Reaping the Rewards of Innovation

Author Name: Andrew, James P., Sirkin, Harold L., Butman, John

Categories: Business,

Publisher: Harvard Business Review Press: January 2007

ISBN Number: 1422103137

ISBN Number 13: 9781422103135

Binding: Hardcover

Book Condition: Used - Good

Seller ID: 325736