The McKinsey Quarterly

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McKinsey Quarterly is the business journal of McKinsey & Company.

featured Strategy, Innovation article, innovation

April 2009 

Managing innovation: Pages from Alessi’s handbook

A three-part multimedia feature explores how design firm Alessi manages innovation—from working with collaborators, to how design constraints help shape products, to assessing new innovations’ potential.

Includes: Interactive
Recent Thinking

The Archive

2009

2008

2007

2006

2005

2004

2003

  • November 2003 

    Flexible IT, better strategy

    IT’s critics say that it lacks strategic importance. So why does technology keep getting in the way of good strategy?

2002

2001

2000

  • June 2000 

    What is the market telling you about your strategy?

    Market expectations are hard for managers to understand and even harder for them to change. But there are ways of doing both that are much more science than black magic.

  • June 2000 

    The German road to innovation

    Germany has an entrepreneurship gap. A new culture is emerging to close it.

  • May 2000 

    Best practice does not equal best strategy

    Benchmarking is an important way to improve operational efficiency, but it is not a tool for strategic decision making. When competitors all try to play exactly the same game, declining margins are bound to follow.

1999

  • November 1999 

    Unlocking the value of intellectual assets

    Lucasfilm collects billions from apparel, books, recordings, comarketing deals, and videocassettes based on its Star Wars movies. The top ten pharmaceutical companies got 34 percent of their 1997 revenues by selling products licensed from other companies. For sellers and buyers alike, intellectual assets are very big business.

1996

  • May 1996 

    Can Germany still innovate?

    A survey of electronics companies shows a once-great industrial innovator has fallen behind. However, its problems can be solved by management actions. Five strategies for change.

1995

  • November 1995 

    Going slow to go fast

    Want to get new products to the market fast? Don’t troubleshoot. A common mistake: setting aggressive commercialization targets. Development is not a process. It’s a system with subtle feedback loops. The lure and danger of “best practice.”

  • August 1995 

    Innovation’s uncertain terrain

    Why Marconi needed Sarnoff. Our remarkable inability to see the future. Even pioneers lack vision. Railroads were developed to feed canals. Understanding uncertainty may help us place better bets on new technologies.

  • February 1995 

    Developing technologies: The Eastman Kodak story

    The evolution of photography provides clear examples of how understanding the dynamics of innovation is essential to a company’s survival and success.

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