Our Perspectives on New Business Growth, Innovation, & Strategy
Strategy Modeling for New Product or Business Innovation
August 4, 2024
This article discusses the importance of using strategy modeling to navigate complex and uncertain business environments. It defines a strategy as a set of choices and actions aimed at achieving goals, and a model as a mathematical representation of these elements. The article highlights the benefits of strategy modeling, such as cost-effective testing, comparative analysis, and identification of critical assumptions and risks, which improve the probability of strategic success. It describes key elements and attributes of a strategy model such as choices, uncertainties, and data, with model fidelity scaling based on strategy maturity and investment. It critiques existing tools and introduces Growth Forge, a software designed to integrate all strategy dimensions, expose assumptions, and provide real-time analysis, advocating for an analytical approach to strategic innovation.
Scaling Transformational New Businesses in Mature Companies: Part 4 - Resolving the Transformational Innovation Dilemma
July 21, 2024
This blog post is Part 4 of a 4-part series covering the challenges of scaling transformational new businesses within large, mature companies and recommended solution for how to address those challenges using a case study based on our many years of experience innovating new businesses at Intel Corporation. Part 4 outlines specific recommendations to both detect and evaluate Company Fit mis-alignment risks and approach the mitigate those risks.
Scaling Transformational New Businesses in Mature Companies: Part 3 - What Went Wrong?
July 14, 2024
This blog post is Part 3 of a 4-part series covering the challenges of scaling transformational new businesses within large, mature companies and recommended solution for how to address those challenges using a case study based on our many years of experience innovating new businesses at Intel Corporation. Part 3 delves into the specific mechanisms of Company Fit mis-alignment, how they manifest, and why and how they can be so difficult to spot and resolve.
Scaling Transformational New Businesses in Mature Companies: Part 2 - The Unique Challenges of Scaling
July 7, 2024
This blog post is Part 2 of a 4-part series covering the challenges of scaling transformational new businesses within large, mature companies and recommended solution for how to address those challenges using a case study based on our many years of experience innovating new businesses at Intel Corporation. Part 2 highlights some specific examples of where and how Company Fit issues had negative impacts on the Hawthorne project and the consequences of their cumulative effect.
Scaling Transformational New Businesses in Mature Companies: Part 1 - Introduction
June 30, 2024
This blog post is Part 1 of a 4-part series covering the challenges of scaling transformational new businesses within large, mature companies and recommended solution for how to address those challenges using a case study based on our many years of experience innovating new businesses at Intel Corporation. Part 1 introduces the Hawthorne Project, the new business incubation process at Intel, and some context about the differences between incremental and transformative business innovation.
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