Purpose – Ask an expert to describe an innovation system that enables companies to successfully advance valuable technologies that fit their current business model – and those that do not fit it. Design/methodology/approach – Strategy & Leadership interviewed Henry Chesbrough author of...

Darren J. Carroll (dcarroll@innocentive.com) is President and Chief Executive Officer of InnoCentive, which connects a virtual global community of 50,000 qualified scientists with its client companies that are seeking solutions to high‐tech problems. The InnoCentive model allows its customers...

Purpose – Gary Hamel, world renowned strategic thinker, has adopted the controversial position that “Management is the single largest constraint on business performance.” S&L wanted to find out what he means by this provocative statement and how firms benefit from his ideas. this paper...

Purpose – This interview of C.K. Prahalad, one of the world's leading strategic thinkers, aims to offer corporate leaders a practical look at the radical concepts presented in his The New Age of Innovation (HBP, 2008), written with M.S. Krishnan. A lengthy review of the book is also in this...

Purpose – As the tide of recession recedes, CEOs should consider potential changes in the business environment, make a list of emerging threats and review how firms in other industries have successfully employed new innovation concepts in response. this paper aims to address this issue....

Purpose – The purpose of this paper is to present a discussion with Joan Magretta about her new book, Understanding Michael Porter: The Essential Guide to Competition and Strategy with two veteran S&L contributing editors. Design/methodology/approach – Based on her long editorial...

Purpose – During the past year, the authors have built a framework for a suite of metrics that senior managers can customize to track and promote innovation success in their companies. Design/methodology/approach – Senior executives can use the suite of metrics to assess their company's...

Purpose – To encourage top management to recognize the need for adding new value to their organizations and commit to the creation of new internal capabilities for growth via the exploration of their company's strategic frontier. Design/methodology/approach – Explains how the CEO can select...

Purpose – Managers need research‐based guidance on how to find sources of new growth when their core business is maturing. Design/methodology/approach – Authors shadowed managers responsible for finding and entering new businesses, interviewing them every three or four months for an...