Overview

In this book, author Stephan Scholtissek examines innovations as they relate to companies in the energy and natural resources sectors (e.g. energy, utilities, chemicals, mining and metals companies), sectors which are incorrectly assumed not to be innovative and which are undergoing massive change as the balance of power shifts towards emerging economies and as the world looks to a range of low carbon technologies. Scholtissek argues that innovation (strictly defined as the sum of invention and market success) is the only answer for competitive success in a multi polar world where the essential ingredients of business can no longer be used to differentiate companies. He states that companies must be restructured to be run as portfolios of innovations. Scholtissek sheds light on different forms of innovation (product, service, process, organization and business model) and argues that R&D resources must be extended across all these forms. And he includes a number of detailed case studies from the energy and natural resources industries that demonstrate leading practice. The book will also address an end-to-end innovation process/framework that helps the innovation process run more smoothly. It will also include the key success factors that increase the likelihood of success of an innovation in a given company. Finally the author draws conclusions regarding the future of innovation. The goal is to provide the reader with a holistic approach to increasing the success of innovation in his/her company.

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9780749463465

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Reviews

Scholtissek, a strategist for a global management company, examines innovations as they relate to companies in the energy and natural resources sectors, which are undergoing increased changes. He analyzes the six-stage innovation process, then provides case studies of companies with successful innovations... [including] BP, Dow Corning, Evonik Industries, Iberdrola, Marathon Oil, Perrier, Schott, and Siemens. --Book News, Inc. Stephan Scholtissek... understands how innovation works and why it matters. He communicates its importance firmly and clearly through an array of examples, drawing on firms as varied as BP and Perrier. He demonstrates innovation's centrality to the energy and natural resources sector, though his arguments are applicable to all industries. ... getAbstract recommends Scholtissek's beautifully produced book to those interested in innovating more effectively or in tracing the impact of innovation. --getAbstract

. ..Scholtissek, a strategist for a global management company, examines innovations as they relate to companies in the energy and natural resources sectors, which are undergoing increased changes. He analyzes the six-stage innovation process, then provides case studies of companies with successful innovations... [including] BP, Dow Corning, Evonik Industries, Iberdrola, Marathon Oil, Perrier, Schott, and Siemens. --Book News, Inc. Scholtissek, a strategist for a global management company, examines innovations as they relate to companies in the energy and natural resources sectors, which are undergoing increased changes. He analyzes the six-stage innovation process, then provides case studies of companies with successful innovations...[including] BP, Dow Corning, Evonik Industries, Iberdrola, Marathon Oil, Perrier, Schott, and Siemens. --Book News, Inc. Stephan Scholtissek understands how innovation works and why it matters. He communicates its importance firmly and clearly through an array of examples, drawing on firms as varied as BP and Perrier. He demonstrates innovation's centrality to the energy and natural resources sector, though his arguments are applicable to all industries. getAbstract recommends Scholtissek's beautifully produced book to those interested in innovating more effectively or in tracing the impact of innovation. --getAbstract

<br>. ..Scholtissek, a strategist for a global management company, examines innovations as they relate to companies in the energy and natural resources sectors, which are undergoing increased changes. He analyzes the six-stage innovation process, then provides case studies of companies with successful innovations... [including] BP, Dow Corning, Evonik Industries, Iberdrola, Marathon Oil, Perrier, Schott, and Siemens. --Book News, Inc.

Scholtissek, a strategist for a global management company, examines innovations as they relate to companies in the energy and natural resources sectors, which are undergoing increased changes. He analyzes the six-stage innovation process, then provides case studies of companies with successful innovations...[including] BP, Dow Corning, Evonik Industries, Iberdrola, Marathon Oil, Perrier, Schott, and Siemens. --Book News, Inc. Stephan Scholtissek understands how innovation works and why it matters. He communicates its importance firmly and clearly through an array of examples, drawing on firms as varied as BP and Perrier. He demonstrates innovation's centrality to the energy and natural resources sector, though his arguments are applicable to all industries. getAbstract recommends Scholtissek's beautifully produced book to those interested in innovating more effectively or in tracing the impact of innovation. --getAbstract

Author Information

Dr. Stephan Scholtissek is Global Managing Director Growth and Strategy in Accenture's global Resources operating group. He is biochemist by education and has been working on different parts of innovation for the past 25 years. He is a sought-after expert for innovation and major transformation processes and sits on several review committees for innovation prices. He has been frequently published, most notably as the author of the Financial Times bestseller New Outsourcing (2004), Stromland (2006), Multipolare Welt (2008) and Die Magie der Innovation (2009). Last but not least, as a German he looks at global business through the lens of the former export champion. He puts forward a view significantly different to traditional Anglo-Saxon management theories.

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