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Blog Entries in March 2016

Great Innovators Create the Future, Manage the Present, and Selectively Forget the Past

For a long time, I have been troubled to see how often organizations fail to invest wisely in their futures while instead placing dominant emphasis on the present. To be sure, the present is vitally important. Your current business is the performance engine. It both funds day-to-day operations and generates profits for the future. Where problems arise is when the present crowds out other strategic priorities—for...
Posted by: Vijay Govindarajan - 03/31/2016 at 09:58 am

THREE BOX SOLUTION

After 35 years of research and consulting, I have written my most important book yet: The Three Box Solution: A Strategy For Leading Innovation. You’ll learn how to meet the performance requirements of the current business—one that is still thriving—while dramatically reinventing it (two fundamentally different management challenges that are hard to do simultaneously). You can get more details on the...
Posted by: Vijay Govindarajan - 03/09/2016 at 12:52 pm

What Ruthless Innovators Can Learn from the New England Patriots

For 35 years, I have used the Three Box Solution framework in my work with corporations. This integration of current performance (Box 1) with selective forgetting of the past (Box 2) while creating the future (Box 3) is the foundation of my thinking and teaching about innovation and strategy. Most organizations focus almost completely on keeping their current business healthy (Box 1) rather than discarding...
Posted by: Vijay Govindarajan - 03/09/2016 at 09:12 am

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