Dr. Andrew Corbett, PhDProfessor, Babson College

Breakthrough Innovation with Babson Executive Education

12 Nov 2018 · 1 min

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1:06

In this brief promotional presentation, a Babson College speaker argues that the ability to innovate is essential for both startups and established firms. The speaker highlights the tension longstanding companies face between serving current customers and preparing for future success. Babson helps organizations uncover their strategic intent for innovation by addressing common barriers and focusing on three core competencies—discovery, incubation, and acceleration. The talk outlines how firms can design their structures and align people to deliver breakthrough innovations, and concludes with an invitation to contact Babson for assistance in building a sustainable innovation management system.

Chapters

To be competitive and thrive, the ability to innovate is foundational. It's central to all, whether we're a new startup or an organization with a longstanding history of success. In fact, it can be difficult for longstanding firms as they balance the needs of current customers and markets against what is needed to be successful in the future. At Babson, we work with companies to help them discover their strategic intent for innovation by understanding the most common impediments to innovation in large large organizations. We investigate innovation as an ability to master 3 core competencies: discovery, incubation, and acceleration. We'll show you how to design your organization and align your people to deliver the breakthrough innovation that you need. If you're searching for answers on how to bring breakthrough innovation to your firm or how to build a management innovation system that allows you to sustain innovation, I invite you to reach out to us at Babson College. I look forward to hearing from you.