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Title: A Must-Read for Business Leaders
Review: While others have argued that leaders must manage innovation even while managing their existing products, Govindarajan and Trimble provide practical knowledge as well as real world examples about how to actually do so. Their knowledge and insights are grounded in deep analysis and experience of great companies that actually manage these dynamics.Business leaders can definately benefit from reading this book. As the authors argue, managing both an existing business and an innovation is an art, not a science, and leadership is a key aspect of this art. Striking the tricky balance between letting go of the past while learning from the past tests a leader's craft. Luckily, Govindarajan and Trimble offer leaders ideas and examples of how to do so.
