2019 Axiom Business Book Awards Gold Medal
In Leap, IMD professor of management and innovation Howard Yu shows that succeeding in today’s marketplace is no longer just a matter of mastering the old (copycat tactics); companies also need to continue the discovery process, harnessing new strategies and advancements in technology while leveraging shifts in the marketplace (leap strategy). Leap identifies five fundamental principles that allow companies to make a leap and stay successful in the face of such competition.
After reading Leap, you will learn:
Outlasting copycat competition like these companies did is difficult; doing so over decades or a century is nearly impossible—unless you leap. Filled with riveting case studies of successful leaps and tragic falls—Steinway pianos, Southern textile mills, and Detroit-based carmakers are among the failing—Leap is a manifesto for how pioneering companies can endure and prosper in a world of constant change and inevitable copycats.
“Yu’s research exemplifies how management theory is rigorously built and improved. He carefully documents how companies in the past have spotted and seized opportunities for growth. I find the case studies compelling and the principles intriguing for all business leaders.”
“Leap shows you how to go about deliberately thinking about adapting your business, and investigates the technological forces at work. Every leader can benefit from the wisdom found in this book.”
“In a world driven by global competition and constant change, businesses increasingly struggle to achieve long-term success. This book is a unique source of strategic ideas that will enable complex organizations to reinvent themselves and drive sustainable growth.”
“A truly remarkable book that addresses the fundamental challenge facing managers who seek to sustain growth. Powerful case examples illustrate important concepts drawn from science and sociology as well as business.”
“Howard presents his ideas with clarity and enthusiasm. They are original and thought-provoking. Readers looking for a single volume that explains why and how innovation occurs the way it does will find Leap indispensable. This is a rare business book that is fun to read, will make you think differently, and teach you new skills.”
“At a time when big business is challenged by start-ups, when 100-year-old business models have run out of steam, and when your next competitor can come from a totally unrelated industry, Howard Yu offers important guidance on how to reinvent corporations and the need for top leaders to show compassion, pride, solidarity, and vulnerability as organizations embark on the process. The marriage of big data and humanity can fundamentally change business. I can’t recommend this book highly enough.”
“Howard Yu argues that, even in a future age of machine intelligence, the human ability to innovate will be the primary factor enabling companies to thrive. His advice will be invaluable to managers and CEOs worldwide.”
“This book provides great frameworks to help you rethink the role innovation plays in your business. A terrific and inspiring read, very accessible, and deceptively easy to absorb. It challenges readers to think differently and act differently to generate new growth from products and services.”
“A deeply thoughtful journey on why human curiosity and creativity matter more, not less, than ever in the new brave world of ubiquitous connectivity and smart machines. And why and how we as leaders need to learn to leap—and not just incrementally extrapolate what we already know.”
“As technology’s tectonic shifts reshape how companies win, Howard Yu shows the criticality of good management today. In Leap, he’s written a valuable guide to help managers prepare their companies for long and successful lives.”
“The speed at which today’s economy is changing has drastically raised the importance of game-changing transformation. It’s not enough to create new products or services—organizations must be ready to leap to the next knowledge frontiers and to fully exploit their potentials. Leap is an important guide for corporate leaders seeking to understand how companies manage constant change while identifying new opportunities to stay ahead.”