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The gap between rich nations and emerging economies is closing. As a result, the global dynamics of innovation are changing. No longer will innovations traverse the globe in only one direction, from developed nations to developing ones. They will also flow in reverse. Authors Vijay Govindarajan and Chris Trimble of the Tuck School of Business at Dartmouth explain where, when, and why reverse innovation is on the rise, and why the implications are so profound â€” for nations, for companies, and for individuals. The authors focus in particular on a traditional pillar of rich-world economic vitality: successful and long-established multinational corporations. All are now seeking explosive growth in emerging economies, and all must learn new tricks in order to succeed. Reverse Innovation shows leaders and senior managers how to make innovation in emerging markets happen, and how such innovations can unlock opportunities throughout the world. The book highlights the tribulations and triumphs of some of the worldâ€™s leading companies (including GE, Deere & Company, P&G, and PepsiCo), illustrating exactly what works and what does not. The new reality is that the future lies far from home. Whether you are a CEO, financier, strategist, marketer, scientist, engineer, national policymaker, or even a student forming your career aspirations, reverse innovation is a phenomenon you need to understand. This audiobook will help you do that.
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Vijay Govindarajan is the Earl C. Daum 1924 Professor of International Business at the Tuck School of Business at Dartmouth College, and the first Professor-in-Residence and Chief Innovation Consultant at General Electric. He ranked third in the recent Thinkers 50 list of the greatest management thinkers in the world.Review:
Named a Best Business Book for 2012 in strategy+business magazine
Whether you are an executive of a global company or you are simply interested in innovation among cultural differences, creativity, and diversity, this is a lovely and persuasive read.” Business Insider
In Reverse Innovation: Create Far from Home, Win Everywhere, Vijay Govindarajan and Chris Trimble make a compelling argument for companies to not just widen their lens, but shift it to a completely different context that of developing economies.” strategy+business magazine
This lovely, persuasive work couples the focused repetition of a good textbook with the lively style of an entertaining article.” Directorship (South Africa)
Highly recommended... released this year to a chorus of approval from global business leaders this book explains the way in which the flow of innovation has changed... Reverse Innovation shows senior managers how to make innovation in emerging markets happen, and how these innovations can unlock business opportunities on a global scale - using real-life case studies to illustrate the theories.” Business Executive
The book presents its ideas clearly, with about half devoted to the general concepts and the other half to case examples of companies such as GE, Procter & Gamble and PepsiCo, which are leading the way in reverse innovation. If your company can benefit from reverse innovation or might suffer from it the book is well worth reading.” Globe & Mail
a book that offers provocative insights into the quickly changing dynamics of the global economy.” The book is rich with examples ” The Wall Street Journal
In Reverse Innovation, [the authors] argue that western businesses must similarly learn new tricks from their emerging markets. It is an idea that they have been championing for years and which has become increasingly fashionable.” The Financial Times
The book, an extension of a 2009 Harvard Business Review article that Govindarajan and Trimble co-authored with General Electric CEO Jeff Immelt, reads like a how-to guide for executives looking to innovate beyond the U.S. and Europe...It's a useful and even inspiring read for any executive who cares about the future of business innovation.” Fortune.com
Reverse Innovation is a must read for anyone seeking to participate in emerging markets, be they CEOs of multinationals, leaders of NGOs, or government policy makers.” Stanford Social Innovation Review
This accessible new book...provides a clear evaluation of the issues faced and expert advice on how to implement a reverse innovation strategy.” Developing Leaders
Govindarajan [and Trimble] writes about how reverse innovation is rapidly changing the way companies think and how that’s affecting the way they look at markets.” Fortune (India)
This insightful book makes a compelling case for the developing world supplying the strongest emerging market of the new century.” Publishers Weekly
This is a fascinating book for anyone interested in how concepts of innovation need to change in order to succeed, and an even more important book for those who can actually take part on the level the authors advise.” 800 CEO READ
A well-researched and thoughtful book.” The Irish Times
This book shows how, counter-intuitively, there are many circumstances when business models and products developed in emerging markets can provide new opportunities in rich economies also.” Forbes.ru
ADVANCE PRAISE for Reverse Innovation:
Jeffrey R. Immelt, Chairman of the Board and Chief Executive Officer, General Electric
Govindarajan and Trimble offer a framework for the next phase of globalization.”
Robert A. McDonald, Chairman of the Board, President and Chief Executive Officer, The Procter & Gamble Co.
Reverse Innovation is a playbook for leaders who want to unlock growth in emerging markets.”
William D. Green, Chairman, Accenture
Innovation knows no geographic boundaries. This book is a defining work on how we invest and engage the future.”
Omar Ishrak, Chief Executive Officer, Medtronic, Inc.
"Unique and important work, hard-hitting examples, detailed and actionable steps, and clear explanations.”
Ajay Banga, President and Chief Executive Officer, MasterCard
As the world’s economic center of gravity continues to shift and as new consumers continue to emerge it’s clear that the logic and business practices that drove yesterday’s success won’t drive tomorrow’s.”
Peter F. Volanakis, Former Chief Operating Officer, Corning Technologies
I wish I had this book ten years ago."
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Book Description Brilliance Audio, 2012. Condition: New. book. Seller Inventory # M146922061X
Book Description Brilliance Audio, 2012. MP3 CD. Condition: New. Never used!. Seller Inventory # P11146922061X