Management Roundtable


Session Four  

4

Discovery-Driven Growth: A Breakthrough Process 10/28/09
1-2:30pm ET
Rita Gunther-McGrath, Associate Professor, Columbia Business School, co-author Discovery-Driven Growth: A Breakthrough Process to Reduce Risk and Seize Opportunity
How can you achieve truly dynamic growth, without risking an expensive gamble? The techniques for new growth initiatives -- new ventures, new businesses, new product lines, new markets, joint ventures, strategic alliances, and even potential mergers -- can all be guided by discovery-driven planning (DDP). Through discovery-driven planning, organizations set up bold plans to pursue futures they frame, to learn where their true futures lie, and to test their assumptions about those futures at the lowest possible cost.

In this interactive audiosession, Rita Gunther McGrath will offer concrete DDP steps you can take. Drawing from her new book, Discovery Driven Growth: A Breakthrough Process to Reduce Risk and Seize Opportunity*, co-authored with Ian MacMillan, she will tell you how to:

  • Direct your company's capabilities and assets toward new spaces, using the disciplines that make sense

  • Combine things to create a winner (many breakout opportunities don't look that way at first)

  • Reframe your strategic opportunities

  • Test project assumptions against a series of specific checkpoints

  • Control costs more effectively

  • Minimize surprises

  • Disengage from questionable projects before it's too late

Overall you will come away with a framework to ensure profitable growth through innovation. You will also have the opportunity to discuss experiences, ask questions, and receive feedback on your own situation.

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* Participants will receive a copy of Discovery Driven Growth: A Breakthrough Process to Reduce Risk and Seize Opportunityin advance of the session.


About Rita Gunther-McGrath

Rita McGrath works extensively with leadership teams in Global 1000 companies who wish to hone their ability to drive strategic growth. She has co-authored two books: The Entrepreneurial Mindset (2000) and MarketBusters: 40 Strategic Moves that Drive Exceptional Business Growth (2005), both published by the Harvard Business School Press. MarketBusters has been translated into ten languages, named one of the best business books of 2005 by Strategy + Business.

Rita is often cited in the press and maintains an active blog on topics relevant to the disciplines of strategic growth She has appeared on television and in numerous radio programs. Her co-authored articles in the Harvard Business Review are: Discovery Driven Planning (1995), Discover Your Products' Hidden Potential (1996) Discovering New Points of Differentiation (1997) Global Gamesmanship (2003) MarketBusting (2005) and The Value Captor's Process (2007). Discovery Driven Growth, A Breakthrough Process to Reduce Risk and Seize Opportunity, published by the Harvard Business Press, March 2009.
 


 


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September 15, 2009

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