Winning Innovation: How Innovation Excellence Propels an Industry Icon Toward Sustained Prosperity

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Davanti Nella Gara, an Italian bicycle company, makes the best racing bikes in the world. But after decades of market dominance, competitors have brought the industry leader back to the Peloton. The company’s second-generation owner longs for retirement, but a tired product lineup is pushing down profits and the firm’s market value will never support his ride into the sunset. The flawed but beloved owner seeks out the counsel of an old friend and successful businessman, who steers him toward a fast and remarkable transformation, one fueled by a relentless focus on innovation excellence.

An engaging business novel, Winning Innovation dives into the art and science of innovation; the thrills of the European bike-racing circuit; the vibrant landscape and cuisine of Italy; and a cast of intriguing characters who work to put Davanti on the road to sustained prosperity. The company’s leader isn’t afraid to learn and apply new ideas to reenergize his company, and finds he cares more about his employees than he could ever imagine. A young innovator struggles to see a product idea to fruition as well as rise into management ― and he falls in love along the way. A newly promoted R&D director brings teamwork and transparency to product development and aligns the entire company around innovation.

With the help of a seasoned and persistent change agent, in just a year, Davanti deploys a well-defined and -sequenced transformation ― a complete and seamless process that can be replicated and scaled by most companies. The leader engages associates in pursuit of the right vision and strategy, candidly supporting them all as they unleash their creative sparks, work through personality conflicts, and take on real-world challenges faced by companies every day. They learn and apply traditional R&D principles in new ways (e.g., cost of delay, sprints, fail fast, late start) and successfully leverage emerging innovation and change-management principles (e.g., idea-creation events, knowledge management, workplace humility, visual management, lean project management). And an aligned, three-phase innovation process ― from idea creation to technology development and product design ― provides the innovation infrastructure the company needs for revenue creation and success beyond racing bikes.

From a top-heavy organization dominated by power struggles and finger-pointing emerges a new Davanti Nella Gara ― a flattened, innovative company with:

    • Clear vision and endorsed goals and strategy

    • Speed, responsiveness, and agility

    • Widespread, successful creativity

    • Collaboration and teamwork

    • Superior risk management

    • Respect for people

    • Unquestionable ethics

    • Changed leadership and associate behaviors

    • Project management excellence

    • Rapid problem-solving and experimentation

    Not just the story of an R&D transformation, Winning Innovation illustrates a companywide transformation of a magnitude that only superior R&D can make possible. It may well be the first book to chronologically introduce the principles for a complete innovation excellence transformation along with the parallel people transformation that is necessary for real change to occur. The end result for Davanti Nella Gara is a dominant new culture based on respect and humility, highly efficient processes that will deliver a wealth of innovations, sales, and profits for many years to come, and an owner who leaves a bright future for the people and company he’s known and loved his entire life.

    Author(s): Norbert Majerus, George Taninecz
    Publisher: Routledge/Productivity Press
    Year: 2022

    Language: English
    Pages: 399
    City: New York

    Cover
    Endorsements
    Half Title
    Title
    Copyright
    Contents
    Foreword
    Acknowledgments
    Authors
    Introduction
    1 Chain Reaction
    2 Junior’s Sicilian Dream
    3 From Mind to Lab
    4 Riding an Idea
    5 Innovation Excellence Begins
    6 100 Ideas
    7 Challenging Changes and Chains
    8 Lost in the Shadows
    9 Seeing Is Believing
    10 New Way of Working
    11 A New Organization
    12 New R&D Culture Emerges
    13 New Organization, New Goals, New Direction
    14 A New Approach to R&D
    15 New Davanti and R&D Strategies
    16 Transformation Metrics
    17 New R&D Function Takes Shape
    18 Bikes without Wheels
    19 Davanti at the Tour
    20 The Product Creation Process
    21 Davanti Ramps Back Up
    22 Transparency Comes to Davanti
    23 New Ideas and New Revenues
    24 New Ways of Leading and Managing
    25 Davanti Starts to Look Lean
    26 Davanti Innovations Pick Up Speed
    27 R&D Strategy, Metrics, and Huddles
    28 Results to Celebrate
    29 New Year for a New Davanti
    30 Calling 118
    31 Do the Right Thing
    32 Features of Failure
    33 Mo, Marie, and Leonardo
    34 Davanti for Sale
    35 Ever After
    Index