Summary of Ron Adner's The Wide Lens

Please note: This is a companion version & not the original book. Sample Book Insights: #1 In a world of stand-alone projects, where outcomes are determined by how well you and your team deliver on your initiative, the answer is success. But over the past two decades, we have seen a shift away from independent success. Now, your success depends on your collaborators' efforts as well. #2 In the early 1990s, Michelin was in an enviable position.
It was the largest tire maker in the world and the most innovative. It saw the run-flat as a revolutionary growth engine not only for the company but for the entire tire industry. #3 When your success depends on others, as it did for Michelin, execution is not enough. You must also have a well-thought-out innovation strategy. #4 The PAX System was designed to eliminate the danger of underinflated tires and flats, which were both common and dangerous.
It was a completely new approach.