“The Innovator's Dilemma” - Finding a Balance between Innovation and Survival

 Overview

 This book is about the dilemmas faced by companies seeking innovation. Innovation is necessary for the growth and survival of a company, but at the same time entails enormous costs and risks. This book presents practical solutions to find a balance between innovation and survival.

 

Author

Colay Cratenson is a professor and strategy consultant at Harvard Business School and has deep insights into innovation and management strategies. In this book, he deals with successful and unsuccessful corporate cases to find a balance between innovation and survival, and provides advice to companies seeking innovation.

 

 I had a hard time growing up in a poor family as a child. But the experience once motivated me more. What the experience taught me is to challenge new challenges without fear of failure. This book inspired me greatly in that it presents a way to overcome fear and succeed in the challenge of innovation and survival.

 The book deals with various dilemmas faced by companies seeking innovation and ways to overcome them. Among them, the most impressive was the "patience to uncertainty." Because innovation is a highly uncertain task, companies have to experiment, coordinate, and constantly learn and develop without fear of failure.

That’t why…

 Reading the dilemma of innovative companies, I sympathized with the concerns of companies pursuing innovation and progress at the same time as realistic business problems. I felt keenly that realistic strategies and innovative ideas were needed for growth and survival. However, even in this challenging environment, I felt that companies that show passion and competence grow and create new values. This book provides very useful information and insights to readers who are aiming for innovative companies. Therefore, I hope you shout fighting to all your readers and have a mind that constantly challenges them.