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Peripheral Vision: Detecting the Weak Signals That Will Make or Break Your Company by George S. Day β€” book cover

Peripheral Vision: Detecting the Weak Signals That Will Make or Break Your Company

by George S. Day, Paul J. H. Schoemaker
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Overview

How to Build a Vigilant Organization From emerging technologies to changes in consumer tastes, tremendous opportunities and threats often begin as weak signals from the periphery. How good is your organization at sensing, interpreting, and acting on these signals? George S. Day and Paul J. H. Schoemaker call this capability peripheral vision-and their research shows that less than 20 percent of firms have developed it in sufficient capacity to remain competitive. In this book, they reveal a systematic process for developing peripheral vision and offer practical tools and strategies for building "vigilant organizations" that are constantly attuned to changes in the environment. Through detailed case studies ranging from LED lighting to low-carb foods to children’s dolls, the authors show how vigilant organizations win by: scoping widely and asking the right questions; scanning actively in the right places; interpreting what signals mean; probing carefully for more information; and acting wisely on signals before competitors do. This book will help your organization see farther to seize the opportunities and avoid the risks that come from the periphery.

Synopsis

How to Build a Vigilant Organization

From emerging technologies to changes in consumer tastes, tremendous opportunities and threats often begin as weak signals from the periphery. How good is your organization at sensing, interpreting, and acting on these signals?

George S. Day and Paul J. H. Schoemaker call this capability peripheral vision-and their research shows that less than 20 percent of firms have developed it in sufficient capacity to remain competitive. In this book, they reveal a systematic process for developing peripheral vision and offer practical tools and strategies for building "vigilant organizations" that are constantly attuned to changes in the environment. Through detailed case studies ranging from LED lighting to low-carb foods to children s dolls, the authors show how vigilant organizations win by: scoping widely and asking the right questions; scanning actively in the right places; interpreting what signals mean; probing carefully for more information; and acting wisely on signals before competitors do.

This book will help your organization see farther to seize the opportunities and avoid the risks that come from the periphery.

About the Author, George S. Day

George S. Day is the Geoffrey T. Boisi Professor, Professor of Marketing, and Codirector of the Mack Center for Technological Innovation at The Wharton School. Paul J.H. Schoemaker is Research Director of Wharton s Mack Center for Technological Innovation and the founder and Chairman of Decision Strategies International, Inc.

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Book Details

Published
May 1, 2006
Publisher
Harvard Business Press
Pages
248
Format
Hardcover
ISBN
9781422101544

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