The Innovator's Way: Essential Practices for Successful Innovation Review

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The Innovator's Way: Essential Practices for Successful Innovation ReviewThere are many books out there that have the word "innovation" in the title. THIS one was satisfyingly different in that it actually took me through the process of innovation. Other books talked ABOUT it, and this one was prescriptive and applicable with every chapter. The authors are incredibly well versed on the topic, and bring a rigor that I was not expecting to find with the recent trend of "light business books." This book is certainly not light, it was informative and entertaining while giving practical step-by-step suggestions.
This was time well spent...I'm curious where the authors will go from here.The Innovator's Way: Essential Practices for Successful Innovation OverviewInnovation is the ruling buzzword in business today. Technology companiesinvest billions in developing new gadgets; business leaders see innovation as thekey to a competitive edge; policymakers craft regulations to foster a climate ofinnovation. And yet businesses report a success rate of only four percent forinnovation initiatives. Can we significantly increase our odds of succeeding atinnovation? In The Innovator's Way, innovation experts Peter Denning and RobertDunham reply with an emphatic yes. Innovation, they write, is not simply aninvention, a policy, or a process to be managed. Innovation is a personal skill thatcan be learned, developed through practice, and extended into organizations. Denningand Dunham define innovation as the art of getting people to adopt change. They drawa distinction between invention and innovation: many inventions never becomeinnovations, and many innovations do not involve an invention. They identify anddescribe eight personal practices that all successful innovators perform: sensing,envisioning, offering, adopting, sustaining, executing, leading, and embodying.Together, these practices can boost a fledgling innovator to success. Weakness inany of these practices, they show, blocks innovation. Denning and Dunham describeinnovation at scales ranging from the private (a family organization of chores andallowances) to the planetary (the invention and adoption of the World Wide Web).They provide a detailed account of the eight practices and how to accomplish them;and they chart the path to innovation mastery, from individual practices to teamsand social networks.

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