Transformative Innovation: Today’s Capital Drives Tomorrow’s Growth & Profits to Advance the World ·

Innovation to transform business, society and people’s lives not only seems to be speeding up; it is getting quicker. As ideas build off each other and more capital is invested in these ideas so the rate of change increases. A look at the corporations in the Fortune 100 list of top companies by market capitalization found nearly half (47) had left the list by 2020’s ranking compared to year-2000. While attention is drawn to the losers in this race for customers and resources, there is much to learn from the victors. The incumbents who stayed in the Fortune 100 usually used the techniques of venture capital to tap into the smart ideas and opportunities being created outside their corporate walls. The new entrants almost always seemed to get into the Fortune 100 using these tools, too. There are ways to use professional approaches to capital investing to harness and transform how corporations buy, invest and partner with third-parties as well as build and accelerate internal innovation efforts. Understanding how to use innovation to transform your prospects as an individual, startup, corporation and society lies at the heart of modern competitiveness and tackling issues such as climate change. If one person, company or country grows at double the rate of a rival then it can invest and develop more in the powers required to then defeat the other and also be put to good use such as reducing carbon emissions while expanding energy use or letting people live longer better lives. The age of transformative innovation requires both openness, teamwork and recognition of risk and value creation. This book defines the secrets to innovation and explains how to: • Decide how to set your aims and strategies • Develop an ecosystem for innovation • Use transformational startups • Build a team to achieve the goals • Harness tactical factors In the modern world everyone needs to take control of their innovative potential to transform. This authoritative book shows them how.