MIT Sloan Management Review Article on Changing How We Think About Change

  • 5m
  • B. Tom Hunsaker, Jonathan Knowles, Richard Ettenson
  • MIT Sloan Management Review
  • 2020

Innovation is not in itself a strategy but the mechanism for achieving a change in either magnitude, activity, or direction. A major challenge for business leaders is knowing when to stay the course and when to change direction. There is conflicting advice.

Change can involve magnitude, activity, or direction, and the first step toward a clearer vision for change is to clarify what form of change should be considered:

  • Magnitude: We need to enhance our execution of the current path.
  • Activity: We need to adopt new ways of pursuing the current path.
  • Direction: We need to take a different path.

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  • MIT Sloan Management Review Article on Changing How We Think About Change