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Unleashing Innovation: How Whirlpool Transformed an Industry [NOOK Book]

Overview

Unleashing Innovation

In 1999, Whirlpool was undergoing a company-wide reorganization to meet the demands of the post-globalization marketplace. To succeed in executing their transformative Brand-Focused Value-Creation strategy, Whirlpool needed to be both operationally excellent and innovative.

In publications such as BusinessWeek and Fast Company, the media have celebrated Whirlpool's transformation into a leading-edge innovator and Nancy ...

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Unleashing Innovation: How Whirlpool Transformed an Industry

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Overview

Unleashing Innovation

In 1999, Whirlpool was undergoing a company-wide reorganization to meet the demands of the post-globalization marketplace. To succeed in executing their transformative Brand-Focused Value-Creation strategy, Whirlpool needed to be both operationally excellent and innovative.

In publications such as BusinessWeek and Fast Company, the media have celebrated Whirlpool's transformation into a leading-edge innovator and Nancy Tennant Snyder's role as chief innovation officer. Ten years after this remarkable transformation, Unleashing Innovation tells the inside story of one of the most successful innovation turnarounds in American history. Nancy Tennant Snyder and coauthor Deborah L. Duarte reveal how Whirlpool undertook one of the largest change efforts in corporate history and show how innovation was embedded throughout the company, which ultimately led to bottom-line results.

Unleashing Innovation is filled with illustrative examples from Whirlpool and Whirlpool's cutting-edge brands including Jenn-Air, Bauknecht, KitchenAid, and Brastemp. Snyder and Duarte reveal the inner workings of Whirlpool's innovation machine, a framework that creates consistent and profitable innovation by involving all of Whirlpool's employees, and they debunk the myth that innovation comes only from the geniuses at the top. Rather than a cookie-cutter "how to" manual, Unleashing Innovation shows what happens when an organization creates a machine that involves everyone and fosters an environment that puts the emphasis on "learning and creating, dreaming, the mythology of heroes, and the spirit of winning." Unleashing Innovation shows how the engine of its innovation can be adapted to run in any business of any size and captures the steps the company took along the way, the key learnings, the tools used, the challenging setbacks, and the critical successes.

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Product Details

  • ISBN-13: 9780470374412
  • Publisher: Wiley
  • Publication date: 7/10/2008
  • Sold by: Barnes & Noble
  • Format: eBook
  • Edition number: 1
  • Pages: 200
  • File size: 2 MB

Meet the Author

Nancy Tennant Snyder is corporate vice president for leadership and strategic competencies for Whirlpool Corporation, reporting to the chairman and CEO, Jeff M. Fettig. BusinessWeek named her one of twenty-five Innovation Champions in the world.

Deborah L. Duarte is a consultant who is an expert in the areas of innovation strategy, leadership and executive development, organizational design, project leadership, virtual teaming, and executive coaching.

Snyder and Duarte have coauthored twobest-selling books: Mastering Virtual Teamsand Strategic Innovation, both from Jossey-Bass Publishers.

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Table of Contents

Foreword by Jeff Fettig.

Preface.

Introduction.

PART ONE: THE ANATOMY OF INNOVATION.

1. Embedded Innovation in Action.

2. Structuring and Sustaining Innovation: The Rational Framework and Emotional Drivers.

PART TWO: RATIONAL DRIVERS.

3. The Strategic Architecture.

4. Management Systems.

5. The Innovation Pipeline.

6. Innovation Mentors.

7. Managing Execution and Results.

PART THREE: EMOTIONAL DRIVERS.

8. Learn.

9. Dream.

10. Create.

11. Heroes.

12. Spirit.

Conclusion: The Innovation Journey.

Epilogue: Dragons Be Here.

References.

Acknowledgments.

The Authors.

Index.

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