Insights

Publication | California Management Review

Innovation, Dynamic Capabilities, and Leadership

Paul J.H. Schoemaker, Sohvi Heaton, and David Teece

August 2018

The world in which today’s businesses operate has become not only riskier but also more volatile, uncertain, complex, and ambiguous (VUCA). Organizations that hew too closely to traditional ways of operating will be hampered in their ability to succeed. In contrast, those that focus on new product and process developments coupled with business model innovation will leverage their dynamic capabilities. 

Read the abstract.

Watch CMR‘s video on “Dynamic Capabilities in an Uncertain World.”

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David J. Teece

Chairman & Principal Executive Officer

San Francisco Bay Area