Five styles of strategy innovation and how to use them
Pierre Loewe,
Peter Williamson and
Robert Chapman Wood
European Management Journal, 2001, vol. 19, issue 2, 115-125
Abstract:
The authors draw on their study over the past three years of companies that introduced numerous successful new strategies -- and compare them to less innovative peers. They discovered, in particular, successful innovators used five distinct management styles, often at odds with each other, but with internally consistent routines. The five styles are explored in detail, with corporate examples. The challenge for managers is to mobilize many different parts of their organization to execute an appropriate style or styles of innovation. If successful, tremendous innovation breakthroughs are possible.
Keywords: Strategy; Innovation; Management; Styles; Innovation; Breakthroughs (search for similar items in EconPapers)
Date: 2001
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