Robbins, Peter (2010) IDEAS AT WORK: SPARKLING INNOVATION. Business Strategy Review, 24. pp. 7-11. ISSN 0955-6419
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Abstract
Focus and simplification are very
much in vogue in many of the
world’s biggest consumer products
companies. For example, Procter &
Gamble’s concentration on its largest
brands, largest customers and largest
markets since 2000 has been a major
driver of growth, and Unilever has
embarked on a similar strategy of
focusing on its top 50 brands.
But focus brings inevitable
challenges as well. What happens
to the products that don’t make
the cut? Do you sell them off? Do
you run them as cash cows? Or do
you encourage your teams to grow
them without corporate support?
And what about the marketing and
research personnel who aren’t in the
focal group: do you encourage them
to move on, or do you continue
to look for ways to motivate and
engage them? These are tricky
strategic challenges, and they require
thoughtful managerial responses
Item Type: | Article |
---|---|
Keywords: | Ideas; Work; Innovation; |
Academic Unit: | Faculty of Social Sciences > Design Innovation |
Item ID: | 8415 |
Depositing User: | Peter Robbins |
Date Deposited: | 05 Jul 2017 09:37 |
Journal or Publication Title: | Business Strategy Review |
Publisher: | Wiley |
Refereed: | Yes |
Related URLs: | |
URI: | https://mural.maynoothuniversity.ie/id/eprint/8415 |
Use Licence: | This item is available under a Creative Commons Attribution Non Commercial Share Alike Licence (CC BY-NC-SA). Details of this licence are available here |
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