The Innovator's Hypothesis

How Cheap Experiments Are Worth More than Good Ideas

Business & Finance, Management & Leadership, Management, Economics
Cover of the book The Innovator's Hypothesis by Michael Schrage, The MIT Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Michael Schrage ISBN: 9780262323055
Publisher: The MIT Press Publication: September 12, 2014
Imprint: The MIT Press Language: English
Author: Michael Schrage
ISBN: 9780262323055
Publisher: The MIT Press
Publication: September 12, 2014
Imprint: The MIT Press
Language: English

Achieving faster, better, cheaper, and more creative innovation outcomes with the 5X5 framework: 5 people, 5 days, 5 experiments, $5,000, and 5 weeks.

What is the best way for a company to innovate? Advice recommending “innovation vacations” and the luxury of failure may be wonderful for organizations with time to spend and money to waste. The Innovator's Hypothesis addresses the innovation priorities of companies that live in the real world of limits. Michael Schrage advocates a cultural and strategic shift: small teams, collaboratively—and competitively—crafting business experiments that make top management sit up and take notice. He introduces the 5x5 framework: giving diverse teams of five people up to five days to come up with portfolios of five business experiments costing no more than $5,000 each and taking no longer than five weeks to run. Successful 5x5s, Schrage shows, make people more effective innovators, and more effective innovators mean more effective innovations.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Achieving faster, better, cheaper, and more creative innovation outcomes with the 5X5 framework: 5 people, 5 days, 5 experiments, $5,000, and 5 weeks.

What is the best way for a company to innovate? Advice recommending “innovation vacations” and the luxury of failure may be wonderful for organizations with time to spend and money to waste. The Innovator's Hypothesis addresses the innovation priorities of companies that live in the real world of limits. Michael Schrage advocates a cultural and strategic shift: small teams, collaboratively—and competitively—crafting business experiments that make top management sit up and take notice. He introduces the 5x5 framework: giving diverse teams of five people up to five days to come up with portfolios of five business experiments costing no more than $5,000 each and taking no longer than five weeks to run. Successful 5x5s, Schrage shows, make people more effective innovators, and more effective innovators mean more effective innovations.

More books from The MIT Press

Cover of the book Robotics Through Science Fiction by Michael Schrage
Cover of the book Invisible Mind by Michael Schrage
Cover of the book Wu Jinglian by Michael Schrage
Cover of the book Inconsistencies by Michael Schrage
Cover of the book Experiencing Architecture by Michael Schrage
Cover of the book Being Amoral by Michael Schrage
Cover of the book Human Dignity, Human Rights, and Responsibility by Michael Schrage
Cover of the book Applied Ethics in Mental Health Care by Michael Schrage
Cover of the book The Coming Generational Storm by Michael Schrage
Cover of the book Digital Signatures by Michael Schrage
Cover of the book MOOCs by Michael Schrage
Cover of the book Living Zen Remindfully by Michael Schrage
Cover of the book Made in the USA by Michael Schrage
Cover of the book The Well-Played Game by Michael Schrage
Cover of the book Blowout in the Gulf by Michael Schrage
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy