Chapter 3 in The Definitive Druckeris about Innovation and Abandonment. Why “abandonment” ? It’s from the four basic questions about innovation by Peter:
- What do you have to abandon to create room for innovation ?
- Do you systematically seek opportunities ?
- Do you use a disciplined process for converting ideas into practical solutions ?
- Does your innovation strategy work well with your business strategy ?
Another heavy weight question in this chapter is: “If you weren’t already in the business, would you enter it today ? And, if the answer is no, what are you going to do about it ?”