How to sustain innovation
Starbucks - SBUX - $1.00 - controlled innovation at its best
General Electric - GE - $2.50 - back to its root culture
GE ‘s restructuring is almost complete. With mostly a great culture and effective management practices in place, the immediate challenge is to improve financial returns. Innovation, decentralization and ‘simplicity’ are keys to success.
An IM report. 45 pages.
Check out (for free) the latest; GE with Culp,
Deere & Company - DE - $5.50 - solid management of innovation
3M - MMM - $12.00 - nominated for best innovation management practices
A highly-diversified, idea-intensive company, which has the best combination of policies and management practices encouraging innovation. Under Thulin, 3M was back on track. Now under Mike Roman and with the recent acquisition of Acelity Inc., the largest acquisition in 3M’s history, how will 3M fare?
An IM report. 41 pages, September 29, 2019.
Each IM report (innovation management) addresses the question; how did the company build and sustain innovation. Reports offer insights and ideas into the management of innovation. Background to CIO’s IM reports.
A great source of ideas for students of management organized so the CEO or analyst can apply best practices to their own organization.
Try the IM report on Starbucks for a buck (1$) to understand the structure of each IM report.
Mini-profiles (MP) explore innovation management best and worst practices.