How to Innovate When Platforms Wont Stop Moving

Businesses must develop deep differentiating capabilities that enable them both to separate themselves from competitors and endure disruptions. Companies such as Apple and IBM show how agility and capabilities can enable organizations to shape-shift as industry models rapidly change. MIT Sloan Schoo...

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Bibliographic Details
Published in:MIT Sloan management review 2011-06, Vol.52 (4), p.55
Main Author: Hopkins, Michael S
Format: Article
Language:English
Subjects:
Business models
Competition
Competitive advantage
Customer relationship management
Cusumano, Michael
Innovations
Internet
Management of change
Open source software
Personal computers
Product development
Success
Technological change
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Summary:Businesses must develop deep differentiating capabilities that enable them both to separate themselves from competitors and endure disruptions. Companies such as Apple and IBM show how agility and capabilities can enable organizations to shape-shift as industry models rapidly change. MIT Sloan School of Management is the author of Staying Power: Six Enduring Principles for Managing Strategy & Innovation in an Uncertain World (Oxford University Press, 2010). In an interview, he spoke with MIT Sloan Management Reviews Michael S. Hopkins about the insights in his book, and about what characteristics will most determine competitive success in today's innovation-driven landscape.
ISSN:1532-9194