Podcast
Questions and Answers
What are competence-enhancing discontinuities?
What are competence-enhancing discontinuities?
They represent an order-of-magnitude improvement over prior products.
How do process discontinuities impact the efficiency of production?
How do process discontinuities impact the efficiency of production?
They result in an order-of-magnitude increase in the efficiency of producing a given product.
What are the critical characteristics of organizational environments mentioned in the text?
What are the critical characteristics of organizational environments mentioned in the text?
Uncertainty and munificence.
How do technological discontinuities impact price-performance or input-output ratios?
How do technological discontinuities impact price-performance or input-output ratios?
What happens to environmental munificence and demand after a technological discontinuity?
What happens to environmental munificence and demand after a technological discontinuity?
How do competence-enhancing discontinuities affect barriers to entry in a product class?
How do competence-enhancing discontinuities affect barriers to entry in a product class?
What is the impact of competence-destroying discontinuities on barriers to entry?
What is the impact of competence-destroying discontinuities on barriers to entry?
How do new firms enter previously impenetrable markets after competence-destroying discontinuities?
How do new firms enter previously impenetrable markets after competence-destroying discontinuities?
What does the text suggest about viewing contextual ambidexterity initiatives?
What does the text suggest about viewing contextual ambidexterity initiatives?
Why do only few established companies innovate successfully according to the text?
Why do only few established companies innovate successfully according to the text?
What mistake should companies avoid when seeking to innovate, as mentioned in the text?
What mistake should companies avoid when seeking to innovate, as mentioned in the text?
What dilemma is highlighted regarding processes in the text?
What dilemma is highlighted regarding processes in the text?
What is mentioned as the two most important values for innovation in the text?
What is mentioned as the two most important values for innovation in the text?
Where do most difficulties with coping with change reside according to the text?
Where do most difficulties with coping with change reside according to the text?
What question should organizations ask to determine if they have the right values to innovate?
What question should organizations ask to determine if they have the right values to innovate?
What should companies consider when determining the best team and structure to support their innovation effort?
What should companies consider when determining the best team and structure to support their innovation effort?
What type of team should be selected if the innovation fits well with existing values and processes?
What type of team should be selected if the innovation fits well with existing values and processes?
When an innovation fits well with existing values but poorly with existing processes, what type of team is recommended?
When an innovation fits well with existing values but poorly with existing processes, what type of team is recommended?
If an innovation fits poorly with existing values but well with existing processes, how should the project be organized?
If an innovation fits poorly with existing values but well with existing processes, how should the project be organized?
What type of team should be chosen if the innovation fits poorly with existing processes and values?
What type of team should be chosen if the innovation fits poorly with existing processes and values?
Why are functional teams or lightweight ad hoc cross-functional teams selected when the innovation fits well with existing values and processes?
Why are functional teams or lightweight ad hoc cross-functional teams selected when the innovation fits well with existing values and processes?
What is the reason behind selecting a heavyweight team when the innovation fits well with existing values but poorly with existing processes?
What is the reason behind selecting a heavyweight team when the innovation fits well with existing values but poorly with existing processes?
In the case where an innovation fits poorly with existing values but well with existing processes, why is a spin-off for commercialization recommended?
In the case where an innovation fits poorly with existing values but well with existing processes, why is a spin-off for commercialization recommended?
When the innovation fits poorly with existing processes and values, why is a separate spin-off or acquired organization chosen?
When the innovation fits poorly with existing processes and values, why is a separate spin-off or acquired organization chosen?
What is the impact of mismatch on team members?
What is the impact of mismatch on team members?
Why is learning in subsequent stages critical in product development?
Why is learning in subsequent stages critical in product development?
What happens if the team does not refine and update its knowledge during development?
What happens if the team does not refine and update its knowledge during development?
How do discounted cash flow (DCF) and net present value (NPV) affect managers' evaluation of investments in innovation?
How do discounted cash flow (DCF) and net present value (NPV) affect managers' evaluation of investments in innovation?
What assumption does discounting a future stream of cash flows into a 'present value' make?
What assumption does discounting a future stream of cash flows into a 'present value' make?
What is Parmenides' Fallacy in the context of investments?
What is Parmenides' Fallacy in the context of investments?
Why is it important to compare the base case of not investing against cash flows from innovation?
Why is it important to compare the base case of not investing against cash flows from innovation?
What type of learning activities do products with high novelty involve?
What type of learning activities do products with high novelty involve?
What is one drawback of project teams knowing how good the projections need to look in order to win funding?
What is one drawback of project teams knowing how good the projections need to look in order to win funding?
How does discovery-driven planning reverse the sequence of some steps in the stage-gate process?
How does discovery-driven planning reverse the sequence of some steps in the stage-gate process?
Why are assumptions rank-ordered in the assumptions checklist in discovery-driven planning?
Why are assumptions rank-ordered in the assumptions checklist in discovery-driven planning?
How is the assumptions checklist used when a project enters a new stage?
How is the assumptions checklist used when a project enters a new stage?
What is the main purpose of having an assumptions checklist in discovery-driven planning?
What is the main purpose of having an assumptions checklist in discovery-driven planning?
What must a project team do if a critical assumption proves not to be valid?
What must a project team do if a critical assumption proves not to be valid?
How does the discovery-driven planning approach handle projects with no set of plausible assumptions?
How does the discovery-driven planning approach handle projects with no set of plausible assumptions?
What is the key difference between traditional project planning and discovery-driven planning?
What is the key difference between traditional project planning and discovery-driven planning?
What initiates an era of intense technical variation and selection?
What initiates an era of intense technical variation and selection?
What always peaks after a dominant design emerges?
What always peaks after a dominant design emerges?
What is the era of ferment followed by?
What is the era of ferment followed by?
What is the era of ferment characterized by?
What is the era of ferment characterized by?
When will the era of ferment be longer?
When will the era of ferment be longer?
What social, political, and organizational dynamics select?
What social, political, and organizational dynamics select?
What does technological change represent?
What does technological change represent?
What increases during incremental change?
What increases during incremental change?
What are the two types of management controls discussed in the text?
What are the two types of management controls discussed in the text?
What are the 3 characteristics of rigorous gate criteria mentioned in the text?
What are the 3 characteristics of rigorous gate criteria mentioned in the text?
How do process management techniques impact organizational routines according to the text?
How do process management techniques impact organizational routines according to the text?
Why do product development teams become enthusiastic about using stage-gate control?
Why do product development teams become enthusiastic about using stage-gate control?
What drives managers to rigorously implement the stage-gate control process?
What drives managers to rigorously implement the stage-gate control process?
What motivates product development teams to meet the gate criteria?
What motivates product development teams to meet the gate criteria?
How do process discontinuities impact the efficiency of production?
How do process discontinuities impact the efficiency of production?
What is the primary focus of process management techniques?
What is the primary focus of process management techniques?
What are the key factors that contribute to effective learning, according to the text?
What are the key factors that contribute to effective learning, according to the text?
Define market turbulence and technological turbulence according to the text.
Define market turbulence and technological turbulence according to the text.
How does gate conditionality impact project decision-making?
How does gate conditionality impact project decision-making?
What is the significance of competence-enhancing discontinuities in product development?
What is the significance of competence-enhancing discontinuities in product development?
Explain the impact of technological discontinuities on industries.
Explain the impact of technological discontinuities on industries.
How does cognitive freedom play a role in effective learning?
How does cognitive freedom play a role in effective learning?
What is the relationship between project parameters and team motivation for acquiring new knowledge?
What is the relationship between project parameters and team motivation for acquiring new knowledge?
Why is frequent evaluation important in project development?
Why is frequent evaluation important in project development?
What type of team is recommended when an innovation fits poorly with existing values but well with existing processes?
What type of team is recommended when an innovation fits poorly with existing values but well with existing processes?
Why is a spin-off for commercialization recommended when an innovation fits poorly with existing values but well with existing processes?
Why is a spin-off for commercialization recommended when an innovation fits poorly with existing values but well with existing processes?
What type of team should be selected if the innovation fits well with existing values and processes?
What type of team should be selected if the innovation fits well with existing values and processes?
Why are functional teams or lightweight ad hoc cross-functional teams selected when the innovation fits well with existing values and processes?
Why are functional teams or lightweight ad hoc cross-functional teams selected when the innovation fits well with existing values and processes?
What is the reason behind selecting a heavyweight team when the innovation fits well with existing values but poorly with existing processes?
What is the reason behind selecting a heavyweight team when the innovation fits well with existing values but poorly with existing processes?
When the innovation fits poorly with existing processes and values, why is a separate spin-off or acquired organization chosen?
When the innovation fits poorly with existing processes and values, why is a separate spin-off or acquired organization chosen?
If an innovation fits poorly with existing values but well with existing processes, how should the project be organized?
If an innovation fits poorly with existing values but well with existing processes, how should the project be organized?
What happens to environmental munificence and demand after a technological discontinuity?
What happens to environmental munificence and demand after a technological discontinuity?
How does discovery-driven planning reverse the sequence of some steps in the stage-gate process?
How does discovery-driven planning reverse the sequence of some steps in the stage-gate process?
What is one drawback of project teams knowing how good the projections need to look in order to win funding?
What is one drawback of project teams knowing how good the projections need to look in order to win funding?
How does the discovery-driven planning approach handle projects with no set of plausible assumptions?
How does the discovery-driven planning approach handle projects with no set of plausible assumptions?
What is the main purpose of having an assumptions checklist in discovery-driven planning?
What is the main purpose of having an assumptions checklist in discovery-driven planning?
What dilemma is highlighted regarding processes in the text?
What dilemma is highlighted regarding processes in the text?
What does the text suggest about viewing contextual ambidexterity initiatives?
What does the text suggest about viewing contextual ambidexterity initiatives?
What is Parmenides' Fallacy in the context of investments?
What is Parmenides' Fallacy in the context of investments?
What assumption does discounting a future stream of cash flows into a 'present value' make?
What assumption does discounting a future stream of cash flows into a 'present value' make?
What are competence-enhancing discontinuities?
What are competence-enhancing discontinuities?
What is the impact of competence-destroying discontinuities on barriers to entry?
What is the impact of competence-destroying discontinuities on barriers to entry?
How do process discontinuities impact the efficiency of production?
How do process discontinuities impact the efficiency of production?
What drives sharp decreases in price-performance or input-output ratios?
What drives sharp decreases in price-performance or input-output ratios?
What two critical characteristics of organizational environments are mentioned in the text?
What two critical characteristics of organizational environments are mentioned in the text?
What are important dimensions of competitive conditions mentioned in the text?
What are important dimensions of competitive conditions mentioned in the text?
What happens to environmental munificence and demand after a technological discontinuity?
What happens to environmental munificence and demand after a technological discontinuity?
What initiates an era of intense technical variation and selection?
What initiates an era of intense technical variation and selection?
What is the main difference between incremental technological progress and discontinuities?
What is the main difference between incremental technological progress and discontinuities?
How are product discontinuities reflected?
How are product discontinuities reflected?
What is the impact of competence-destroying innovations?
What is the impact of competence-destroying innovations?
How are process discontinuities reflected?
How are process discontinuities reflected?
Why do existing firms often remain committed to outmoded technology?
Why do existing firms often remain committed to outmoded technology?
What major changes are associated with process discontinuities?
What major changes are associated with process discontinuities?
What happens to the distribution of power and control within firms and industries with major technological innovations?
What happens to the distribution of power and control within firms and industries with major technological innovations?
Why do product discontinuities either create a new product class or substitute for an existing product?
Why do product discontinuities either create a new product class or substitute for an existing product?
When should a heavyweight team be selected to operate an innovation project?
When should a heavyweight team be selected to operate an innovation project?
Why is a spin-off for commercialization recommended when an innovation fits poorly with existing values but well with existing processes?
Why is a spin-off for commercialization recommended when an innovation fits poorly with existing values but well with existing processes?
In what scenario is a separate spin-off or acquired organization chosen to operate an innovation project?
In what scenario is a separate spin-off or acquired organization chosen to operate an innovation project?
Why are functional teams or lightweight ad hoc cross-functional teams selected when the innovation fits well with existing values and processes?
Why are functional teams or lightweight ad hoc cross-functional teams selected when the innovation fits well with existing values and processes?
What type of team should be selected if the innovation fits poorly with existing values but well with existing processes?
What type of team should be selected if the innovation fits poorly with existing values but well with existing processes?
Where should the project be organized if an innovation fits poorly with existing values but well with existing processes?
Where should the project be organized if an innovation fits poorly with existing values but well with existing processes?
What is the main reason for selecting a heavyweight team when the innovation fits well with existing values but poorly with existing processes?
What is the main reason for selecting a heavyweight team when the innovation fits well with existing values but poorly with existing processes?
Why is a spin-off or acquired organization chosen to operate an innovation project when the innovation fits poorly with existing values but well with existing processes?
Why is a spin-off or acquired organization chosen to operate an innovation project when the innovation fits poorly with existing values but well with existing processes?
What are the two different approaches for integrating an acquired company into the parent organization based on the capabilities being purchased?
What are the two different approaches for integrating an acquired company into the parent organization based on the capabilities being purchased?
Where do the greatest opportunities for competitive advantage lie?
Where do the greatest opportunities for competitive advantage lie?
What are the 5 types of simple rules mentioned in the text?
What are the 5 types of simple rules mentioned in the text?
What is the main focus of companies in the new economy, according to the text?
What is the main focus of companies in the new economy, according to the text?
Why should simple rules not be broad and vague?
Why should simple rules not be broad and vague?
What is the key to success in the new economy, as mentioned in the text?
What is the key to success in the new economy, as mentioned in the text?
What is the recommended strategy for companies to navigate chaotic markets successfully?
What is the recommended strategy for companies to navigate chaotic markets successfully?
What dictates the processes a company chooses, according to the text?
What dictates the processes a company chooses, according to the text?
What bias do fixed and sunk costs create for managers when new capabilities are needed for future success?
What bias do fixed and sunk costs create for managers when new capabilities are needed for future success?
Why do managers sometimes hesitate to adopt new technology?
Why do managers sometimes hesitate to adopt new technology?
How can managers understand the consequences of not investing in future capabilities?
How can managers understand the consequences of not investing in future capabilities?
What diverts resources away from investments with long-term payoffs?
What diverts resources away from investments with long-term payoffs?
Why do managers face pressure to focus on short-term stock performance?
Why do managers face pressure to focus on short-term stock performance?
Why is it important for finance and strategy to be studied and practiced in an integrated way?
Why is it important for finance and strategy to be studied and practiced in an integrated way?
What is the consequence of focusing solely on earnings per share for shareholder value creation?
What is the consequence of focusing solely on earnings per share for shareholder value creation?
How can managers overcome biases against investing in needed future capabilities?
How can managers overcome biases against investing in needed future capabilities?