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Posts By Rita McGrath

Fantastic Day on Innovation and new Tools in Norway, Part 1

One of the great joys of working with colleagues like Alf Steinar Sætre, of the Norwegian University of Science and Technology, is the opportunity to share ideas and concepts with a variety of audiences. In this case, I was a lead faculty member in an innovative seminar program he runs that mixes executives, master’s degree students and doctoral students, giving everyone an opportunity to participate in the conversation from their different perspectives.... read more »

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An #Innovation Maturity Scale – Where does your organization stand?

One of the projects I’ve been working on is to create a set of metrics that organizations can use to measure their level of innovation maturity.  We’re piloting it with my Leading Strategic Growth and Change program which runs next beginning on May 15, in New York City (there is still time to sign up – you bring a real project with you and work on it during the week).... read more »

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This month’s newsletter-All about what’s going on in the #grocery store

It’s ironic – Whole Foods did a great job of teaching all of us that natural and organic are desirable. And for about 30 years, that created a strong, high-margin position for them in the competition to put dinner on your table. Now, though, as I discuss in my recent newsletter, competitors have matched them on the variety of organic material on offer, and beaten them on price.  Transient advantage... read more »

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Healthcare, Teamwork and more! New newsletter out

For those of you in the healthcare field, or worried about healthcare (and who isn’t these days?), you might want to have a look at my latest newsletter, which summarizes some of the themes that I see colleagues and clients wrestling with in that field. It also summarizes some of the outcomes of a team effectiveness workshop that I ran last month, which features the results of some of the... read more »

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Beyond Innovation Theater with Steve Blank and Brian Murray

If you couldn’t be there in person for our January 10, 2017 Columbia Entrepreneurship event, here is the video reprise.  It was an amazing conversation and a standing room only crowd!  Have a look and let me know what you think. read more »

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Failure can be your friend – if it’s intelligent

Just out, a short video primer on how you can decrease the fear and increase the learning from failure by practicing the art of intelligent failure. Click here to view. read more »

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Will we get beyond ‘innovation theater’ in the New Year?

Join Steve Blank, Brian Murray and myself at the kickoff event for Columbia’s Forum for Dynamic Innovation on January 10.  If you are responsible for growth, in charge of transforming an organization or just want to learn from the experts, this evening’s conversation will be well worth it! Click here for more information and to register.  read more »

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Forum for Dynamic Innovation at Columbia Event January 10

The last few years have seen a resurgence of what Steve Blank and other startups folks call ‘innovation theater‘.  On January 10, I’ll be chatting with Steve and transformative CEO of HarperCollins, Brian Murray, about what comes next. You can read about the event details and register at this link.  Under the heading the ‘Forum for Dynamic Innovation,’ we are bringing together people across the university with an interest in how... read more »

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Growth insights in a 45 minute Facebook live session!

No Powerpoints, no notes, just the team at Harvard Business Review, terrific and astute questions from viewers and a white board.  Check out this free Facebook Live session that has already garnered over 132,000 views. In more news – For those with an interest, our Mastering Corporate Entrepreneurship OnLine course is now in beta – let us know if you would like to join as registrations close next week. And it is already looking... read more »

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Innovation and Jobs-to-be-Done discussed in my latest newsletter

My latest newsletter offers observations and ideas that were discussed at two CEO Summits sponsored by Innosight and featuring keynotes by Clayton Christensen and myself.   We discussed Clay’s terrific new book, Competing Against Luck, some of my ideas regarding the management of portfolios of innovation and how to tackle innovation challenges generally. Have a look if you are interested – and I welcome comments and feedback! read more »

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‘If you can’t do it, we’ll find somebody who can’ can be disastrous

Recent corporate scandals and mishaps should remind us that what can feel like the creation of a pragmatic sense of urgency in the “C-Suite” can translate into deeply dysfunctional behavior farther down the organization. Just today, Samsung announced with (one presumes) deep embarrassment that rather than being able to fix their exploding Galaxy 7 note phones that they intended to cancel all production of the devices.  Observers blame the intense... read more »

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Preparing for the 8th Annual Drucker Forum

A few years ago, I started attending the Global Peter Drucker Forum, which has become a real who’s who of management conferences.  It takes place each November in Vienna and features luminaries and thought leaders from academia, business and consulting.  This time out, I’ll be facilitating a panel discussion with Tim Brown of IDEO, Sarah Armbruster of the very innovative Steelcase, colleague Julian Birkinshaw of the London Business School and... read more »

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Clearing the space for growth-on disengagement, transformation and reinvestment

With September just ahead of us, in my August newsletter I touch on why disengagement from exhausted advantages is important for renewal, share the story of Target’s transformation from a traditional department store to the “Tar-zhey” many of us enjoy today, and reflect on research that suggests that dividends and share repurchases are essentially slow-motion liquidation moves. Now about those closets I need to clean out ahead of the new school... read more »

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Why managing an opportunity portfolio leads to surprising investment decisions

There is no shortage of interesting strategic activity going on in the intertwining worlds of content creation, telecommunications and other forms of distribution.  The recent sales of AOL and Yahoo! to Verizon are representative of a class of strategic moves that make sense in high-uncertainty environments in which anticipating, rather than predicting, is the requirement.  As I point out in a recent article in Fortune, investments like these, even though they... read more »

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Insight into unintended consequences-anticipating the effects of low oil prices

Over the years, I’ve cited and used some of the work done by the Futures Strategy Group principals in their development of very robust tools that help organizations anticipate (not predict) what might happen in the future.  It’s interesting, therefore to read a post by one of their Principals, Patrick Marren, written in 2005.  He was summarizing some topics that had come up many times in the course of consulting... read more »

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