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The Innovation Show cover image

Kaihan Krippendorff - The Way of Innovation Part 2

The Innovation Show

NOTE

Protect Your Core Business with Strategic Wall-building

Strategic models like Michael Porter's emphasize protecting the core business of a company as a fortress, while exploring new territories like ships at sea. This metaphor is extended with a five-step model, with the core being represented by earth and innovation as the key to safeguarding the core. Companies can ensure innovation continues by focusing on three primary sources to protect the core. For further insights, 'Competition Demystified' by Bruce Greenwald is recommended as a valuable resource on this topic.

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