Cover image for Growth Champions : The Battle for Sustained Innovation Leadership.
Growth Champions : The Battle for Sustained Innovation Leadership.
Title:
Growth Champions : The Battle for Sustained Innovation Leadership.
Author:
Agenda, The Growth.
ISBN:
9781119961215
Personal Author:
Edition:
2nd ed.
Physical Description:
1 online resource (346 pages)
Contents:
Growth Champions -- Contents -- About The Growth Agenda -- About the Contributors -- Introduction -- Why Growth? -- Growth Champions -- Navigating this Book -- Part I - The Growth Agenda: The Changing Dynamics of Innovation -- Part II - The Growth Champions -- Part III - The Growth Challenge: Lessons for the Future -- Resources and References -- Part I: The Growth Agenda: The Changing Dynamics of Innovation -- CHAPTER 1: Why Growth? The Economist's Perspective -- The Nature of Growth -- National/international economic growth -- Company growth -- Established Growth Successes -- CHAPTER 2: Alternative Strategic Approaches to Growth -- M&A-Driven Growth -- Organic Growth Success -- Five Approaches to Improve Performance (in the 1990s) -- Core competences -- Multifunctional teams -- Stage-gate processes -- Customer insight -- Technology licensing -- Hygiene Factors -- Recent Approaches for Improved Performance -- Open innovation -- Smart M&A -- Customer engagement -- Strategic collaboration -- Using foresight -- Adoption and Commoditization -- CHAPTER 3: Drivers of Change -- Small Companies Acting Bigger/Big Companies Getting Smaller -- Emerging Economy Growth -- India -- China -- Emerging Market Country-to-Country Expansion -- Western Companies' Success in Emerging Markets -- Fragmenting Markets -- The Impact of the Financial Crisis -- CHAPTER 4: New Approaches to Growth -- Resource-Based View -- Dynamic Capabilities -- Sustainable Growth -- Part II: The Growth Champions -- CHAPTER 5: Nestlé and PepsiCo - Changing food and drink for the better -- Nestlé -- Nutrition, Health, and Wellness -- Pharma Foods -- Emerging Market Growth -- Sustainable Sourcing -- Growth via Innovation -- Global R&D -- Nestlé's USP? -- Challenges -- PepsiCo -- Outmaneuvering the Competition -- Growth Ambition -- Changing the Portfolio -- Shifting the Center of Gravity.

Future Growth -- Key Insights - Nestlé and PepsiCo -- CHAPTER 6: Audi and Samsung Electronics - Design as the growth driver -- Audi -- VW and Audi -- The Audi Growth Ambition -- The Role of Design -- Technology Landmarks -- Aesthetic Icons -- Audi Design Focus -- VW Group Platforms -- Design Team -- Business Performance -- Future Growth -- Samsung Electronics -- The Early Years -- Two Design Revolutions -- Emergence of Apple as a Competitor -- Samsung Electronics' Current Growth Capability -- Future Ambition and Challenges -- Key Insights - Audi and Samsung Electronics -- CHAPTER 7: Reckitt Benckiser and Procter & Gamble - Making the most of insight -- Reckitt Benckiser -- Innovation at the Core -- Big Company Acting Small and Young -- Three Things That Set Reckitt Benckiser Apart -- The Role of Insight -- Building through Acquisition and Expansion -- Going Forward -- Procter & Gamble -- Connect + Develop -- Integrated Design -- Organizing for Growth -- Deep Understanding of the Consumer -- Longevity -- New Leadership -- Future Growth -- Key Insights - Reckitt Benckiser and Procter & Gamble -- CHAPTER 8: Starwood Hotels and Inditex - Delivering a unique customer experience -- Starwood Hotels -- Starwood Hotels' Prowess -- Three Strategic Pillars -- 1: Building Great Brands -- 2: Financial Flexibility -- 3: Managing Global Scale -- The Winning Combination -- More Than Points -- Future Challenges -- Inditex -- Competition in the Fashion Sector -- Sources of Competitive Advantage -- Leadership Transition -- The Winning Formula -- The Future -- Key Insights - Starwood Hotels and Inditex -- CHAPTER 9: Amazon and Google - Expertly using data to get ever closer to customers -- Amazon -- For Amazon, Every Day is Day One -- Customer Centricity - Price, Choice, and Service -- New Products and Services that Embody Amazon's Approach -- Future Challenges.

Google -- The Company Aims to Solve Three Really Hard Problems -- A Unique Ability to Interpret and Monetize Data -- Processing Complex Auctions in Real Time -- Participative Product Development and a Culture of Freedom -- Three Examples of Innovation: Gmail, Android, and Google Books -- An Innovation Approach that is Part Montessori, Part Michael Moritz -- Anti-trust and Privacy Backlash -- Required: Improved Social Skills -- Key Insights - Amazon and Google -- CHAPTER 10: Narayana Hrudayalaya and Novo Nordisk - Reinventing healthcare -- Narayana Hrudayalaya -- Dynamics of Innovation -- The Narayana Hrudayalaya Difference - Leading Cardiac Expertise and Eliminating Waste -- New Growth Platforms -- Future Growth -- Novo Nordisk -- Innovation and Growth -- The Novo Mission -- Customer Focus -- Engaging Stakeholders -- The Novo Nordisk USP -- Looking Ahead -- Key Insights - Narayana Hrudayalaya and Novo Nordisk -- CHAPTER 11: Rolls-Royce and ARM - Technology partnerships for growth -- Rolls-Royce -- Research and Technology Partnerships -- Managing Long-Term Collaborations -- Impacts -- Going Forward -- ARM -- The Business Model -- Market Dynamics -- Growth Drivers -- Choreographing Communities -- The Future -- Key Insights - Rolls-Royce and ARM -- CHAPTER 12: BASF and Shell - Growth in a resource-constrained world -- BASF -- Innovation and Sustainability -- Stimulating Growth Performance -- BASF Future Business GmbH -- Eco-impacts -- Future Challenges -- Shell -- Shell's Growth Ambition -- The Link Between Innovation and Growth -- The Key Role of Foresight -- Additional Distinctive Competence -- Impacts -- Looking Ahead -- Key Insights - BASF and Shell -- CHAPTER 13: Tata and Bharti - Leapfrogging from India -- Tata -- Tata Steel -- Indian Growth -- Overseas Expansion -- Social Responsibility -- The Future -- Bharti -- Bharti Airtel.

Outsourcing Business Model Innovation -- Partnered Customer-Focused Innovation -- Africa -- Further Optimization -- Future Growth -- Key Insights - Tata and Bharti -- CHAPTER 14: LEGO and Apple - Bringing magic to the everyday -- LEGO -- Catalysts of Change -- Redesigning the Supply Chain -- Open Innovation and Crowd Sourcing -- Internal Innovation -- Experiments Outside the Core -- In-Sector Expansions -- The LEGO Culture -- The Future -- Building Brilliance -- Apple -- Stay Hungry Stay Foolish -- The Apple Magic -- Future Growth -- Key Insights - LEGO and Apple -- Part III: The Growth Challenge: Lessons for the Future -- CHAPTER 15: Key Characteristics -- Inspirational Leadership -- Founder CEO's drive -- Catalyst of change -- Key lessons -- Clarity of Ambition -- Key lessons -- Shared Values -- Key lessons -- Organizational Confidence -- Key lessons -- Innovation in the DNA -- Innovation Communication -- Innovation beyond the core -- Disruptive innovation -- Innovation acquisitions -- Key lessons -- CHAPTER 16: Further Common Traits -- Foresight and Insight -- Key lessons -- Return of the Conglomerate -- Key lessons -- The Unifying View -- CHAPTER 17: Future Challenges -- China -- Accessing China -- Accommodating China's demand -- Chinese champions -- Key lessons -- Open Network Collaboration -- Key lessons -- Sustainability -- Local supply -- Resource use -- Choice -- Key lessons -- Further Challenges -- The end of intellectual property? -- The war for talent -- Seeing Emerging Challenges Clearer -- CHAPTER 18: The Growth Agenda - The Essential Implications -- 1 Clear Ambition -- 2 Distinctive Competence -- 3 Innovation Priority -- 4 Unique Insight -- 5 Organizational Confidence -- 6 Risk Appetite -- 7 Innovation Balance -- 8 Disruptive Innovation -- 9 Aligned Investment -- 10 Acting at Speed -- Resources and References.

Appendix - Key Data for the Growth Champions -- Contributor Credits -- Index.
Abstract:
Unique insights and fresh perspectives on business growth and innovation Growth is a priority for most businesses, but one that's elusive and difficult to achieve. But some companies do it well, delivering sustainable growth year after year. What makes those companies so special? And what can you and your business learn from them? Growth Champions looks at 20 leading global organizations and identifies the key elements that drive their success. These growth champions include such companies as PepsiCo, Apple, Rolls Royce, Google, Audi, and P&G. While many share some common traits, they all take different paths to growth using different formulas to achieve it. Here, you'll learn how they formulate and execute strategies, motivate and engage people, build a growth culture, and develop and use distinctive competencies to stay ahead of the pack.
Local Note:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2017. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
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