Notes
1. The Real Innovators Among Us
1. John Perlin, n.d. “Photovoltaics,” California Solar Center, accessed July 31, 2018, http://californiasolarcenter.org/history-pv/.
2. Geoffrey Jones, Profits and Sustainability: A History of Green Entrepreneurship (Oxford: Oxford University Press, 2017).
3. Gifford Pinchot III, “Who Is the Intrapreneur?” in Intrapreneuring: Why You Don’t Have to Leave the Corporation to Become an Entrepreneur (New York: Harper & Row, 1984), 28.
4. Peter F. Drucker, Classic Drucker: Wisdom from Peter Drucker from the Pages of Harvard Business Review (Boston: Harvard Business Review Books, 2006), 69.
5. “A World Transformed: What Are the Top 30 Innovations of the Last 30 Years?” Knowledge@Wharton, February 18, 2009, http://knowledge.wharton.upenn.edu/article/a-world-transformed-what-are-the-top-30-innovations-of-the-last-30-years/.
6. Thomas S. Kuhn, The Structure of Scientific Revolutions, 3rd ed. (Chicago: University of Chicago Press, 1996).
7. Deborah Arthurs, “Now We Know Who to Blame! Flat-Pack Revolution Sparked When an IKEA Designer Sawed the Legs Off a Table to Fit in His Car,” Daily Mail, July 19, 2013, http://www.dailymail.co.uk/femail/article-2370113/Ikea-designer-Gillis-Lundgren-sparked-flat-pack-revolution-sawing-table-legs-fit-car.html.
8. Emily Langer, “Gillis Lundgren, Designer of Ikea’s Ubiquitous Billy Bookcase, Dies at 86,” Washington Post, March 10, 2016, https://www.washingtonpost.com/world/europe/gillis-lundgren-designer-of-ikeas-ubiquitous-billy-bookcase-dies-at-86/2016/03/10/a1ec674a-e60b-11e5-a6f3-21ccdbc5f74e_story.html?utm_term=.25184e5dd56b.
9. Marin Reeves, Simon Levin, and Daichi Ueda, “The Biology of Corporate Survival,” Harvard Business Review, January–February 2016, https://hbr.org/2016/01/the-biology-of-corporate-survival.
10. “2017 Kauffman Index of Startup Activity,” Ewing Marion Kauffman Foundation, 2017, https://www.kauffman.org/kauffman-index/reporting/startup-activity/~/media/c9831094536646528ab012dcbd1f83be.ashx.
11. Ray Kurzweil, The Singularity Is Near: When Humans Transcend Biology (New York: Viking, 2005).
12. Salim Ismail, Exponential Organizations: Why New Organizations Are Ten Times Better, Faster, and Cheaper Than Yours (and What to Do About It) (New York: Diversion Books, 2014).
13. “State of the Global Workplace,” Gallup, 2017, https://www.gallup.com/workplace/238079/state-global-workplace-2017.aspx.
14. “State of the Global Workplace.”
2. Six Attributes and Seven Barriers
1. Zoltán J. Ács, ed., Global Entrepreneurship, Institutions and Incentives: The Mason Years (Cheltenham, UK: Edward Elgar, 2015), 562.
2. Sjoerd Beugelsdijk and Niels Noorderhaven, “Personality Characteristics of Self-Employed: An Empirical Study,” Small Business Economics 24, no. 2 (2005): 159–167.
3. George Pyne, interview by Kaihan Krippendorff, April 25, 2014.
4. Raymond L. Price et al., “Innovation Politics: How Serial Innovators Gain Organisational Acceptance for Breakthrough New Products,” International Journal of Technology Marketing 4, no. 2/3 (2009): 181.
5. Hoby Darling, interview by Kaihan Krippendorff, May 2015.
6. Donald F. Kuratko and Michael G. Goldsby, “Corporate Entrepreneurs or Rogue Middle Managers? A Framework for Ethical Corporate Entrepre­neurship,” Journal of Business Ethics 55, no. 1 (2004): 13–30.
7. Israel Kirzner, Competition and Entrepreneurship (Chicago: University of Chicago Press, 1973); Robert A. Burgelman, “Intraorganizational Ecology of Strategy Making and Organizational Adaptation: Theory and Field Research,” Organization Science 2, no. 3 (1991): 239–262.
8. Melissa Cardon, Richard Sudek, and Cheryl Mitteness, “The Impact of Perceived Entrepreneurial Passion on Angel Investing,” in Frontiers of Entrepreneurship Research 2009, ed. Andrew L. Zacharakis (Wellesley, MA: Babson College, 2009); Melissa S. Cardon and Christopher E. Stevens, “The Discriminant Validity of Entrepreneurial Passion,” Academy of Management Proceedings 2009, no. 1 (2009): 1–6.
9. Liam Kennedy, “Top 400 Asset Managers 2018: 10 Years of Asset Growth,” IPE, June 2018, https://www.ipe.com/reports/special-reports/top-400-asset-managers/top-400-asset-managers-2018-10-years-of-asset-growth/10025004.article.
10. Donald Sull, Rebecca Homkes, and Charles Sull, “Why Strategy Execution Unravels—and What to Do About It,” Harvard Business Review, March 2015, https://hbr.org/2015/03/why-strategy-execution-unravelsand-what-to-do-about-it.
3. Intent: Choosing to See and Seize Opportunities
1. Ashley Strickland, “Swoon Lets YA Readers Choose Which Books Get Published,” CNN, October 16, 2014, https://edition.cnn.com/2014/10/15/living/crowdsourced-young-adult-swoon/index.html; Sally Lodge, “Macmillan Expands Scope of Swoon Reads,” Publishers Weekly, November 22, 2016, https://www.publishersweekly.com/pw/by-topic/childrens/childrens-industry-news/article/72101-macmillan-expands-scope-of-swoon-reads.html; Alexandra Alter, “Publishers Turn to the Crowd to Find the Next Best Seller,” New York Times, August 11, 2014, https://www.nytimes.com/2014/08/12/business/media/publishers-turn-to-the-crowd-to-find-the-next-best-seller.html.
2. Jay Yarow, “This Is an Awesome and Inspiring Quote from Jeff Bezos on What It Takes to Make Invention Happen,” Business Insider, August 14, 2013, https://www.businessinsider.com/jeff-bezos-on-how-innovation-happens-2013-8.
3. “Cinnabon’s Kat Cole: Savoring the Sweet Taste of Success,” Knowledge@Wharton, February 6, 2015, http://knowledge.wharton.upenn.edu/article/141022_kw_radio_cole-mp3/.
4. Chuck House, interview by Kaihan Krippendorff, December 14, 2014.
5. Richard Wiseman, “The Luck Factor,” Skeptical Inquirer: The Magazine for Science and Reason 27, no. 3 (2003): 26–30.
6. Wiseman, “The Luck Factor.”
7. Lee Pilsbury, interview by Kaihan Krippendorff, July 23, 2015.
8. Shaun Neff, interview by Kaihan Krippendorff, January 6, 2014.
9. Kendra Scott, interview by Kaihan Krippendorff, May 30, 2018.
10. Norris F. Krueger and Alan L. Carsrud, “Entrepreneurial Intentions: Applying the Theory of Planned Behaviour,” Entrepreneurship & Regional Development 5, no. 4 (1993): 315–330.
11. Albert Bandura, Social Foundations of Thought and Action: A Social Cognitive Theory (Englewood Cliffs, NJ: Prentice-Hall, 1986).
12. Adapted from Amanda Mortimer, This Is It! It’s Your Life, Live It (Self-published, 2013), 185.
13. Steven Pressfield, The War of Art: Break Through the Blocks and Win Your Inner Creative Battles (New York: Black Irish Entertainment, 2002), 161.
4. Need: Knowing Where to Look
1. Janet Bumpas, “Innovation Track Record Study,” Strategyn, 2010.
2. Google annual 10-Ks for 2001 and 2008.
3. Thomas Wedell-Wedellsborg and Paddy Miller, “Get More Actionable Ideas from Your Employees,” Harvard Business Review, November 25, 2014, https://hbr.org/2014/11/get-more-actionable-ideas-from-your-employees.
4. “Our Company,” Google, n.d., accessed July 31, 2018, https://www.google.com/about/our-company/; Timothy O’Keefe, “Because We LUV You!” Southwest Airlines, December 4, 2011, https://www.southwestaircommunity.com/t5/Southwest-Stories/quot-Because-we-LUV-you-quot/ba-p/36586; “We Pioneer,” Amazon, n.d., accessed July 31, 2018, https://www.amazon.jobs/en/working/working-amazon; “Company Overview,” Alibaba Group, n.d., accessed July 31, 2018, https://www.alibabagroup.com/en/about/overview; “A Purpose Beyond Profits,” Johnson & Johnson, October 8, 2009, https://www.jnj.com/health-and-wellness/a-purpose-beyond-profits; Barbara Farfan, “Disney’s Unique Company Mission Statement,” Balance Small Business, November 12, 2017, https://www.thebalancesmb.com/disney-mission-statement-2891828.
5. Marina Zhurakhinskaya, interviewed by Kaihan Krippendorff, January 21, 2016.
6. Michael Treacy and Fred Wiersema, The Discipline of Market Leaders: Choose Your Customers, Narrow Your Focus, Dominate Your Market (Reading, MA: Addison-Wesley, 1995).
7. Mehrdad Baghai, Steve Coley, David White, and Stephen Coley, The Alchemy of Growth: Practical Insights for Building the Enduring Enterprise (Reading, MA: Perseus Books, 1999).
8. Vijay Govindarajan, The Three Box Solution: A Strategy for Leading Innovation (Boston, MA: Harvard Business Review Press, 2016).
9. Peter F. Drucker, Innovation and Entrepreneurship (New York: Harper Business, 2006).
10. Kevin Systrom, “Statement from Kevin Systrom, Instagram Co-Founder and CEO,” Instagram Press, September 24, 2018, https://instagram-press.com/blog/2018/09/24/statement-from-kevin-systrom-instagram-co-founder-and-ceo/.
5. Options: How to Generate Disruptive Ideas
1. Jean Feiwel, interview by Kaihan Krippendorff, June 18, 2018.
2. Jeremy Schoolfield, “Keeping a Watchful Eye Over the Fun,” IAAPA press release, November 2016, http://www.iaapa.org/news/newsroom/news-articles/keeping-a-watchful-eye-over-the-fun---november-2016.
3. “Greg Hale,” AALARA Conference and Trade Show 2017, https://aalara.com.au/wp-content/uploads/2017/04/Greg-Hale.pdf.
4. “Patents by Inventor Gregory Hale,” JUSTIA Patents, April 5, 2018, https://patents.justia.com/inventor/gregory-hale.
5. Lois Kelly and Carmen Medina, Rebels at Work: A Handbook for Leading Change from Within (Sebastopol, CA: O’Reilly Media, 2014); Carmen Medina, interview by Kaihan Krippendorff, February 28, 2015.
6. John Szramiak, “This Story About Warren Buffett and His Long-Time Pilot Is an Important Lesson About What Separates Extraordinarily Successful People from Everyone Else,” Business Insider, December 4, 2017, https://www.businessinsider.com/warren-buffetts-not-to-do-list-2016-10.
7. “Vijay Govindarajan Quotes,” Primo Quotes, n.d., accessed July 31, 2018, https://www.primoquotes.com/quotes/Vijay_Govindarajan.
6. Value Blockers: Neutralizing “Corporate Antibodies”
1. Michael Feiner, The Feiner Points of Leadership: The 50 Basic Laws That Will Make People Want to Perform Better for You (New York: Business Plus, 2005).
2. Gordon Bell, interview by Kaihan Krippendorff, January 2, 2015.
3. George Day, interview by Kaihan Krippendorff, May 31, 2018.
4. “The Xbox, the Duke, Jurassic Park: The Fascinating Career of Seamus Blackley,” IGN Unfiltered 31, YouTube, May 15, 2018, https://www.youtube.com/watch?v=Xi7T80JJLsY; Dean Takahashi, “The Making of the Xbox: How Microsoft Unleashed a Video Game Revolution (Part 1),” Venture Beat, November 14, 2011, https://venturebeat.com/2011/11/14/making-of-the-xbox-1/2/.
5. Brendan Ripp, interview by Kaihan Krippendorff, April 4, 2016.
6. Phil LeBeau, “Record Number of Americans Leasing Autos,” CNBC, June 1, 2015, https://www.cnbc.com/2015/06/01/record-highs-of-americans-leasing-vehicles.html.
7. Kaihan Krippendorff, Hide a Dagger Behind a Smile: Use the 36 Ancient Chinese Strategies to Seize the Competitive Edge (Grand Prairie, TX: Platinum Press, 2008), 6.
8. Nidhi Srivastava and Anand Agrawal, “Factors Supporting Corporate Entrepreneurship: An Explorative Study,” Vision: The Journal of Business Perspective 14, no. 3 (2010): 163–171.
9. Michael E. Porter and Victor E. Millar, “How Information Gives You Competitive Advantage,” Harvard Business Review 63, no. 4 (1985): 149–160.
10. See, for example, George Day, Innovation Prowess: Leadership Strategies for Accelerating Growth (Philadelphia: Wharton Digital Press, 2013); Srivastava and Agrawal, “Factors Supporting Corporate Entrepreneurship.”
11. Based on the Charles A. O’Reilly, David Nadler, and Michael Tushman, “Designing and Aligning Organizations: The Congruence Model,” working paper, Harvard Business School, 2016.
7. Act: Getting Permission to Experiment
1. Thomas Wedell-Wedellsborg and Paddy Miller, “The Case for Stealth Innovation,” Harvard Business Review, March 2013, https://hbr.org/2013/03/the-case-for-stealth-innovation.
2. Amar Toor, “Meet Harry Beck, the Genius Behind London’s Iconic Subway Map,” Verge, March 29, 2013, https://www.theverge.com/2013/3/29/4160028/harry-beck-designer-of-iconic-london-underground-map.
3. Peter Sims, Little Bets: How Breakthrough Ideas Emerge from Small Discoveries (New York: Free Press, 2011).
4. Andrew Leonard, “Reid Hoffman: To Successfully Grow a Business, You Must ‘Expect Chaos,’” Entrepreneur, April 24, 2017, https://www.entrepreneur.com/article/292749; Steve Blank, The Four Steps to the Epiphany: Successful Strategies for Products That Win (California: S. G. Blank, 2007), 17; Jeff Sutherland: I found the quote here: https://www.linkedin.com/pulse/101-agile-leadership-quotes-every-business-leader-brian/.
5. Eric Ries, The Startup Way: How Modern Companies Use Entrepreneurial Management to Transform Culture and Drive Long-Term Growth (New York: Crown, 2017).
6. Michael Schrage, The Innovator’s Hypothesis: How Cheap Experiments Are Worth More Than Good Ideas (Cambridge, MA: MIT Press, 2014).
7. Prescott Logan, interview by Kaihan Krippendorff, December 10, 2014; interview by Kaihan Krippendorff, June 12, 2015.
8. Steve Blank, “Why Founders Should Know How to Code,” September 3, 2014, http://steveblank.com/2014/09/03/should-founders-know-how-to-code/.
9. Peter Cohan, “How P&G Brought Febreze Back to Life,” Telegram, February 26, 2012, http://www.telegram.com/article/20120226/COLUMN70/102269984.
10. Geoffrey A. Fowler, “The Man Who Got Us to ‘Like’ Everything,” Wall Street Journal, August 13, 2011, https://www.wsj.com/articles/SB10001424053111904007304576499220914732798.
11. “Wm. Wrigley Jr. Company 2007 Annual Report,” https://www.sec.gov/Archives/edgar/data/108601/000119312508025818/dex13.htm.
12. Jeff Sutherland and J. J. Sutherland, Scrum: The Art of Doing Twice the Work in Half the Time (New York: Crown Business, 2014), 214.
8. Team: Building an Agile Team
1. John P. Kotter, “Accelerate!” Harvard Business Review, November 2012, https://hbr.org/2012/11/accelerate; see also John P. Cotter, Accelerate: Building Strategic Agility for a Faster-Moving World (Boston: Harvard Business Review Press, 2014).
2. “Redbox,” Wikipedia, accessed July 31, 2018, https://en.wikipedia.org/wiki/Redbox; Davis Freeberg, “A Virtual Happy Meal: McDonald’s Redbox a Smashing Success,” Seekng Alpha, December 1, 2006, https://seekingalpha.com/article/21558-a-virtual-happy-meal-mcdonalds-redbox-a-smashing-success.
3. Don Hastings and Leslie Hastings, interview by Kaihan Krippendorff, June 14, 2016; see also Donald F. Hastings and Leslie A. Hastings, Behind the Mask: Embrace Risk and Dare to Be Better (Bloomington: Xlibris, 2014).
4. George Day, “Research on Growth Leaders,” unpublished paper, 2016.
5. Susan Douglas and Bernard Dubois, “Looking at the Cultural Environment for International Marketing Opportunities,” Columbia Journal of World Business 12, no. 4 (1977): 102–118; Geert Hofstede, “The Cultural Relativity of Organizational Practices and Theories,” International Business Studies 14, no. 3 (1983): 75–89; David K. Tse, John K. Wong, and Chin Tiong Tan, “Towards Some Standardized Cross-Cultural Consumption Values,” Advances in Consumer Research 15, no. 1 (1988): 387–395.
6. Donald Sull, Rebecca Homkes, and Charles Sull, “Why Strategy Execution Unravels—and What to Do About It,” Harvard Business Review, March 2015, https://hbr.org/2015/03/why-strategy-execution-unravelsand-what-to-do-about-it.
7. Chris McChesney, Sean Covey, and Jim Huling. The 4 Disciplines of Execution: Achieving Your Wildly Important Goals (New York: Free Press, 2012).
8. Hanneke J. M. Kooij-de Bode, Daan L. Van Knippenberg, and Wendy P. Van Ginkel, “Good Effects of Bad Feelings: Negative Affectivity and Group Decision-Making,” British Journal of Management 21, no. 2 (2010): 375–392.
9. Brian Balfour, “Why Focus Wins,” Brian Balfour, April 23, 2014, https://brianbalfour.com/essays/why-focus-wins.
10. Marc Benioff, “How to Create Alignment Within Your Company in Order to Succeed,” Salesforce (blog), April 09, 2013, https://www.salesforce.com/blog/2013/04/how-to-create-alignment-within-your-company.html.
11. Tracy Stapp Herold, “Top Fastest-Growing Franchises for 2015,” Entrepreneur, February 6, 2015, https://www.entrepreneur.com/article/241670; Ananya Barua, “Top 10 Largest Hotel Chains in the World,” List Surge, September 14, 2015, https://listsurge.com/top-10-largest-hotel-chains-in-the-world/.
12. Pat Pacious, interview by Kaihan Krippendorff, March 8, 2016.
9. Environment: Creating Islands of Freedom
1. History.com Staff, “1926: New Sound Process for Films Announced,” History, November 13, 2009, http://www.history.com/this-day-in-history/new-sound-process-for-films-announced.
2. Clifford A. Pickover, “Traveling Through Time: Part 2. The Future of Time Travel,” PBS, November 2000, http://www.pbs.org/wgbh/nova/time/through2.html.
3. Josh Ong, “Apple Cofounder Offered First Computer Design to HP Five Times,” Apple Insider, December 6, 2010, https://appleinsider.com/articles/10/12/06/apple_co_founder_offered_first_computer_design_to_hp_5_times.
4. Snopes Staff, “The Origins of Fedex,” Snopes, May 28, 2009, https://www.snopes.com/fact-check/term-paper-goods/.
5. “Salon des Refusés,” Wikipedia, May 3, 2018, https://en.wikipedia.org/wiki/Salon_des_Refus%C3%A9s.
6. Quoted in Mark Batterson, ID: The True You (Maitland, FL: Xulon, 2004), 56.
7. Canaan Mash, Don’t Give Up! You Are Stronger Than You Think (Morrisville, NC: Lulu, 2015), 29.
8. Elaine M. Marconi, “Robert Goddard: A Man and His Rocket,” NASA, September 3, 2004, https://www.nasa.gov/missions/research/f_goddard.html.
9. “E. E. Cummings Biography,” Encyclopedia of World Biography, n.d., accessed July 31, 2018, http://www.notablebiographies.com/Co-Da/Cummings-E-E.html.
10. “The Greatest ‘Bad Business Decision’ Quotation That Never Was,” History of Phone Phreaking Blog, January 8, 2011, http://blog.historyofphonephreaking.org/2011/01/the-greatest-bad-business-decision-quotation-that-never-was.html.
11. Jarrod Dicker, “Stupid Business Decisions: Decca Records Snubs the Beatles,” Minyanville Media, April 23, 2010, http://www.minyanville.com/special-features/articles/worst-stupid-business-decisions-beatles-decca/4/23/2010/id/27014.
12. Sandra Larkin, “Ken Kutaragi 1950–,”Reference for Business, n.d., accessed February 6, 2018, http://www.referenceforbusiness.com/biography/F-L/Kutaragi-Ken-1950.html.
13. ZDNet Staff, “Ken Kutaragi—Father of the Playstation,” ZDNet, April 2, 2001, http://www.zdnet.com/article/ken-kutaragi-father-of-the-playstation/.
14. James Mielke, “The Original PlayStation Boss,” Polygon, October 31, 2017, https://www.polygon.com/features/2017/10/31/16550652/the-original-playstation-boss-shigeo-maruyama.
15. IGN Staff, “History of the PlayStation,” IGN, August 27, 1998, http://ca.ign.com/articles/1998/08/28/history-of-the-playstation.
16. Kenneth Li, “Meet the Man Behind Sony’s PlayStation,” CNN, September 1, 2000, http://www.cnn.com/2000/TECH/computing/09/01/meet.ken.kutaragi.idg/.
17. Donato Piccinno, “Ken Kutaragi, the Ultimate Paradigm-Shifting Project Manager,” LinkedIn, June 7, 2015, https://www.linkedin.com/pulse/ken-kutaragi-ultimate-paradigm-shifting-project-manager-piccinno/.
18. Jeffrey G. Covin and Dennis P. Slevin, “A Conceptual Model of Entrepreneurship as Firm Behavior,” Entrepreneurship Theory and Practice 16, no. 1 (1991): 7–26; G. T. Lumpkin and Gregory G. Dess, “Clarifying the Entrepreneurial Orientation Construct and Linking It to Performance,” Academy of Management Review 21, no. 1 (1996): 135–172.
19. One of the most popular cultural innovation assessments several of our clients have applied is the Situational Outlook Questionnaire (SOQ). “Situational Outlook Questionnaire (SOQ),” Creative Problem Solving Group, n.d., accessed July 31, 2018, http://www.cpsb.com/assessments/soq.
20. Interview with company executive by Kaihan Krippendorf, August 10, 2016.
21. Ellen R. Auster and Lisa Hillenbrand, Stragility: Excelling at Strategic Changes (Toronto: Univesity of Toronto Press, 2016).
22. Rita McGrath, “The End of Competitive Advantage,” presentation, New York, March 22, 2017.
23. Jeff Bukhari, “Stock-Picking Fund Managers Are Even Worse Than We Thought at Beating the Market,” Fortune, April 13, 2017, http://fortune.com/2017/04/13/stock-indexes-beat-mutual-funds/.
24. Robin Wigglesworth, “ETFs Are Eating the US Stock Market,” Financial Times, n.d., accessed January 28, 2018, https://www.ft.com/content/6dabad28-e19c-11e6-9645-c9357a75844a.
25. Jim Wiandt, “Nate Most, Exchange-Traded Fund Inventor, Dies at Age 90,” ETF.com, December 8, 2004, http://www.etf.com/sections/features/281.html?nopaging=1; Jack Willoughby, “Farewell, Mr. ETF,” Barron’s, January 3, 2005, https://www.barrons.com/articles/SB110445253365513525.
26. Wiandt, “Nate Most.”
27. Jim Wiandt and Will McClatchy, eds., Exchange Traded Funds: An Insider’s Guide to Buying the Market (Hoboken, NJ: Wiley, 2001).
28. Wiandt, “Nate Most”; Jennifer Bayot, “Nathan Most Is Dead at 90; Investment Fund Innovator,” New York Times, December 10, 2004, http://www.nytimes.com/2004/12/10/obituaries/nathan-most-is-dead-at-90-investment-fund-innovator.html.
29. Wiandt and McClatchy, Exchange Traded Funds.
30. State Street Global Advisors, “SPY: The Idea That Spawned an Industry,” Securities and Exchange Commission Archive, January 25, 2013, https://www.sec.gov/Archives/edgar/data/1222333/000119312513023294/d473476dfwp.htm.
31. Michael Doumpos, Panos M. Pardalos, and Constantin Zopounidis, eds., Handbook of Financial Engineering (New York: Springer Science & Business Media, 2008).
32. David Berman, “The Canadian Investment Idea That Busted a Mutual-Fund Monopoly,” Globe and Mail, February 19, 2017, updated April 14, 2017, https://www.theglobeandmail.com/news/national/canada-150/how-a-canadian-etf-that-toppled-the-mutual-fund-monoply/article34086222/; Doumpos, Pardalos, and Zopounidis, Handbook of Financial Engineering, 69.
33. Wiandt and McClatchy, Exchange Traded Funds.
34. Wiandt, “Nate Most.”
35. State Street Global Advisors, “SPY.”
36. State Street Global Advisors, “SPY.”
37. Ben Eisen and Sarah Krouse, “The Dinner That Changed the Investing World,” Wall Street Journal, January 22, 2018, https://www.wsj.com/articles/the-dinner-that-changed-the-investing-world-1516659948; State Street Global Advisors, “SPY.”
38. State Street Global Advisors, “SPY.”
39. Doumpos, Pardalos, and Zopounidis, Handbook of Financial Engineering, 70; Stephen D. Simpson, “A Brief History of Exchange-Traded Funds,” Investopedia, January 22, 2018, updated October 11, 2018, https://www.investopedia.com/articles/exchangetradedfunds/12/brief-history-exchange-traded-funds.asp; Ari I. Weinberg, “Should You Fear the ETF?” Wall Street Journal, December 6, 2015, https://www.wsj.com/articles/should-you-fear-the-etf-1449457201.
40. Eisen and Krouse, “The Dinner That Changed the Investing World”; Simpson, “A Brief History of Exchange-Traded Funds.”
41. Eisen and Krouse, “The Dinner That Changed the Investing World.”
42. State Street Global Advisors, “SPY.”
43. Wiandt, “Nate Most.”
44. Gary Hamel, What Matters Now: How to Win in a World of Relentless Change, Ferocious Competition, and Unstoppable Innovation (San Francisco, CA: Jossey-Bass, 2012), 128.
10. For Leaders: How to Unleash Internal Innovation
1. Jake G. Messersmith and William J. Wales, “Entrepreneurial Orientation and Performance in Young Firms: The Role of Human Resource Management,” International Small Business Journal 31, no. 2 (2011): 115–136; Jeffrey G. Covin, Kimberly M. Green, and Dennis P. Slevin, “Strategic Process Effects on the Entrepreneurial Orientation–Sales Growth Rate Relationship,” Entrepreneurship Theory and Practice 30, no. 1 (2006): 57–81.
2. Nicholas F. Lawler, Robert S. McNish, and Jean-Hugues J. Monier, “Why the Biggest and Best Struggle to Grow,” McKinsey Insights, January 2004, https://www.mckinsey.com/business-functions/strategy-and-corporate-finance/our-insights/why-the-biggest-and-best-struggle-to-grow.
3. Steve Blank, “Hacking Corporate Culture: How to Inject Innovation Into Your Company,” Venture Beat, September 9, 2015, https://venturebeat.com/2015/09/09/hacking-corporate-culture-how-to-inject-innovation-into-your-company/.
4. CB Insights, “State of Innovation Report 2018: Survey of 677 Corporate Strategy Executives,” April 24, 2018, https://www.slideshare.net/CBInsights/the-state-of-innovation-survey-of-677-corporate-strategy-executives.
5. Reena Jana, “Inside Facebook’s Internal Innovation Culture,” Harvard Business Review, March 7, 2013, https://hbr.org/2013/03/inside-facebooks-internal-inno.
6. Donald Sull, Rebecca Homkes, and Charles Sull, “Why Strategy Execution Unravels—and What to Do About It,” Harvard Business Review, March 2015, https://hbr.org/2015/03/why-strategy-execution-unravelsand-what-to-do-about-it.
7. Taylor Soper, “Amazon’s Secrets of Invention: Jeff Bezos Explains How to Build an Innovative Team,” Geek Wire, May 17, 2016, https://www.geekwire.com/2016/amazons-secrets-invention-jeff-bezos-explains-build-innovative-team/.
8. “Our Culture of Innovation,” Vertex, n.d., accessed July 31, 2018, https://www.vrtx.com/we-are-vertex/innovation-programs.
9. David Bem, PPG’s CTO and VP for Science and Technology, interview by Kaihan Krippendorff, May 22, 2017.
10. Stuart Lauchlan, “Digital Life at Starbucks After Schultz—New CEO Commits to Tech Innovation,” Diginomica, March 23, 2017, https://diginomica.com/2017/03/23/digital-life-starbucks-schultz-new-ceo-commits-tech-innovation.
11. Michael Mankins, “Reduce Organizational Drag,” Harvard Business Review, March 2, 2017, https://hbr.org/ideacast/2017/03/globalization-myth-and-reality-2.html.
12. Anita Woolley and Thomas W. Malone, “Defend Your Research,” Harvard Business Review, June 1, 2011. https://hbr.org/2011/06/defend-your-research-what-makes-a-team-smarter-more-women.
13. See “Discover Kickbox,” Adobe, n.d., accessed July 31, 2018, https://kickbox.adobe.com/what-is-kickbox.
14. “Apple’s Product Development Process—Inside the World’s Greatest Design Organization,” Interaction Design Foundation, July 20, 2018, https://www.interaction-design.org/literature/article/apple-s-product-development-process-inside-the-world-s-greatest-design-organization.
15. Lulu Yilun Chen, “How Tencent, China’s Most-Valuable Company, Pushes Employees for Growth,” Australian Financial Review, September 19, 2016, https://www.afr.com/technology/social-media/how-tencent-chinas-mostvaluable-company-pushes-employees-for-growth-20160918-grj6r6.
16. “How Tencent Pushes Employees.”
17. Jodi Kantor and David Streitfeld, “Inside Amazon: Wrestling Big Ideas in a Bruising Workplace,” New York Times, August 15, 2015, https://www.nytimes.com/2015/08/16/technology/inside-amazon-wrestling-big-ideas-in-a-bruising-workplace.html.
18. Art Kleiner, “China’s Philosopher-CEO Zhang Ruimin,” Strategy+Business, November 10, 2014, https://www.strategy-business.com/article/00296?gko=8155b.
19. Xuan Tian and Tracy Yue Wang, “Tolerance for Failure and Corporate Innovation,” Review of Financial Studies 27, no. 1 (2014): 211–255.
20. Soper, “Amazon’s Secrets of Invention.”
21. “Astro Teller,” Wikipedia, June 20, 2018, https://en.wikipedia.org/wiki/Astro_Teller.
22. Timothy B. Lee, “How Amazon Innovates in Ways That Google and Apple Can’t,” Vox, December 28, 2016, https://www.vox.com/new-money/2016/12/28/13889840/amazon-innovation-google-apple.
23. Workday Staff Writers, “Illumina’s Head of HR Information Systems on the Speed of Innovation,” Workday, January 31, 2017, https://blogs.workday.com/workday-community-voices-illumina/.
24. “Steve Jobs: In His Own Words,” Telegraph, October 6, 2011, https://www.telegraph.co.uk/technology/steve-jobs/8811892/Steve-Jobs-in-his-own-words.html.
25. Robert Sinclair, president of Li & Fung, interview by Kaihan Krippendorf, November 30, 2017.
26. John Hagel and John Seely Brown, “Institutional Innovation: Part of a Deloitte Series on Innovation,” Deloitte Insights, March 12, 2013, https://www2.deloitte.com/insights/us/en/topics/innovation/institutional-innovation.html.
27. Joanna Barsh, “A Conversation with Gary Hamel and Lowell Bryan,” McKinsey Quarterly 1, no. 1 (2008): 24–35.
Appendix A: Are Entrepreneurs the Innovators?
1. “2017 Kauffman Index of Startup Activity,” Ewing Marion Kauffman Foundation, 2017, https://www.kauffman.org/kauffman-index/reporting/startup-activity/~/media/c9831094536646528ab012dcbd1f83be.ashx.
Appendix C: Team Frameworks
1. See John Doerr, Measure What Matters: How Google, Bono, and the Gates Foundation Rock the World with OKRs (New York: Portfolio, 2018).
2. John Kotter, Accelerate: Building Strategic Agility for a Faster-Moving World (Boston: Harvard Business Review Press, 2014).
3. Chris McChesney, Sean Covey, and Jim Huling, The Four Disciplines of Execution: Achieving Your Wildly Important Goals (New York: Free Press, 2016).
4. See Adam Berke, “What the Heck Is a Growth Team?” Venture Beat, November 19, 2016, https://venturebeat.com/2016/11/19/what-the-heck-is-a-growth-team/; Casey Winters, “What Are Growth Teams For, and What Do They Work On?,” Greylock Perspectives, November 27, 2017, https://news.greylock.com/what-are-growth-teams-for-and-what-do-they-work-on-a339d0c0dee3.
5. Jeff Sutherland and J. J. Sutherland, Scrum: The Art of Doing Twice the Work in Half the Time (New York: Crown Business, 2014).