The Vijay Govindarajan Video Series Week 23

[et_pb_section fb_built=”1″ _builder_version=”3.22″][et_pb_row _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.1″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”]

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

Click the bell in the lower right corner to be notified when a new Breakthrough Innovation video is posted.

More about the Three Box Solution Series

Videos & Application Exercises

YOU ARE HERE:

Three Box Solution Module 1 complete

Three Box Solution Module 2 complete

Three Box Solution Module 3 complete

Three Box Solution Module 4 in progress

[/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section]

Share this article:

Subscribe to our newsletter to keep up to date with the latest and greatest ideas in business, management, and thought leadership.

*mandatory field

Thinkers50 will use the information you provide on this form to be in touch with you and to provide news, updates, and marketing. Please confirm that you agree to have us contact you by clicking below:


You can change your mind at any time by clicking the unsubscribe link in the footer of any email you receive from us, or by contacting us at . We will treat your information with respect. For more information about our privacy practices please visit our website. By clicking below, you agree that we may process your information in accordance with these terms.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here.

Thinkers50 Awards Gala 2023

Join us in celebration of the best in business and management thinking.