Book Review: The Other side of Innovation by Vijay Govindarajan and Chris Trimble
Many of us have equated innovation to all about ideas and heroics of an individual(s) within an organization. We have many different theories of how to make innovation happen. The Other side of Innovation by Govindarajan and Chris Trimble busts many myths of innovation and proves that the limits to innovation in organizations have everything to do with management capability. The authors bat for keeping the Innovation team distinct from the existing business which they refer to as the performance engine. In the book they outline a fairly detailed process of how to structure and motivate both the innovation team and the performance engine team in order to guarantee success in innovation. Besides the Innovation team, the book stresses the importance of including, rewarding and recognizing the shared staff and the performance engine team (wherever services are utilized) for the success of new initiatives. Many companies and innovation leaders fail miserably at that resulting in fai...