The Vijay Govindarajan Video Series Week 23
This week VG looks at the potential conflicts that arise when you build a dedicated team for the innovation part of your organization.
Using the example of The New York Times creating The New York Times Digital in the 1990s, he shows how the new Box 3 team cannot be isolated from the assets of the Box 1 performance engine, and how you need to create a partnership between the two.
He also outlines and explains three common mistakes in borrowing:
- Borrow too much
- Only borrow strategic assets
- Keep borrowing to a brave minimum
And demonstrates the importance of a healthy partnership between the Box 1 business and Box 3 business when borrowing.
Video 34: Creating a Healthy Partnership when Borrowing
Video 35: 3 Common Mistakes in Borrowing
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