Innovation at the Core of All We Do at Tuck

Recently we were interviewed by The Wall Street Journal for an article on teaching innovation to executives. As we reflected on the programs in our portfolio—from custom to open enrollment—and thought about the role that innovation plays, it hit us that innovation is a thread that runs through nearly everything we do. Innovation is either a core theme or an important part of the learning experience across the board.

Tuck has a broad capability of helping executives learn not just how to think about innovation, but also how to execute and manage innovation. In their work, Vijay Govindarajan and Chris Trimble focus on execution—how to make innovation happen inside of an organization. Ron Adner addresses innovation ecosystems and the concept that success in a connected world requires that you manage your dependence on others.


Upcoming innovation programs include Leading Innovation: From Idea to Impact (at Tuck) and the Strategic Leadership and Innovation Program (in Mumbai, India). We hope you will find value in the content in this newsletter that focuses on innovation, and you’ll think of us when looking for a partner on your innovation journey.

 

Sincerely,
http://exec.tuck.dartmouth.edu/images/uploads/CMS/571/callahansigsmaller.gif
Clark Callahan
Executive Director

 


 
In This Issue

In his recent blog with coauthor, Srikanth Srinivas, Tuck Professor Vijay Govindarajan (VG) tells the tale of an unexpected innovator. Shantha Ragunathan is from a remote village in Tamil Nadu, India. Shantha, who has no formal education, found herself in a situation where she had to take the lead in earning her family’s income and supporting her two children. VG and Srikanth describe how Shantha possessed the innovation mindset to change her situation, leading to a dramatically brighter future for her and her family.

 

Read more »

Knowledge Download: NEW BOOK! Beyond the Idea

Innovation is a two-part challenge. Part one is ideas; part two is execution. To win, you have to succeed at both. Many companies, however, expend most or nearly all of their energies on part one. Vijay Govindarajan and Chris Trimble's new book Beyond the Idea offers invaluable guidance for anyone charged with making innovation happen.

Download Chapter 1 »

Before committing resources to a costly innovation, think about the bigger picture and the partners your success depends on.

Watch this video interview with Ron Adner »

 

Watch this video of Ron Adner teaching at the Tuck School »


The Center for Digital Strategies roundtable on Enabling Innovation generated lively discussion on executive experiences, strategies, and best practices in innovation. The session included academics and business leaders from Bechtel, Chevron, Coca-Cola Enterprises, Eaton Corporation, the Haas School of Business at UC Berkeley, IBM, Nike, Tenaris, Time Warner Cable, and the Tuck School of Business. The Roundtable Overview includes the capabilities needed to be a leader in innovation, including the top 10 reasons why companies innovate:

 

1. Improved Quality 6. Reduce Materials Usage
2. Create New Markets 7. Reduce Environmental Damage
3. Extend Product Line 8. Replace Products/Services
4. Reduce Labor Costs 9. Reduce Energy Consumption
5. Improve Production Processes 10. Conform to Regulation

 

Read more »

Faculty Profile: Ron Adner
Ron Adner is Professor of Strategy and Entrepreneurship, Faculty Director for the Leading Innovation: From Idea to Impact program, and an award-winning professor at the Tuck School. His work introduces a new perspective on the relationship among firms, customers, and the broader “innovation ecosystems” in which they interact to create value. Learn more about Ron's work »

Frederick Douglas founded Cosmos Technologies Inc., an engineering consulting and wastewater treatment company, in 1998. Read about how a process innovation in civil engineering has played a pivotal role in his company’s growth and success.

Read Frederick's story »

 

 


Upcoming Programs:
By focusing on turning ideas into action, Leading Innovation: From Idea to Impact is the essential program for learning how to successfully navigate the end-to-end innovation execution process.
Provides diverse CEOs with the knowledge and skills to build stronger and more profitable companies by examining their organization’s health, building on its strengths, and attacking areas for improvement.
Provides successful functional managers and new middle managers with an integrated view of the fundamentals of business, strategy, and leadership so they can help drive improved performance throughout the organization.

Open Programs
Developing strategic leaders one by one.
Custom Programs
Co-creating learning experiences with individual and organizational impact.
Minority Programs
Fostering growth and improved performance of entrepreneurial businesses.