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Focus on: Strategy and Innovation in an Ambiguous World

In this issue, we explore strategy and innovation in an ambiguous world, including a new toolkit for uncertain environments, insights from Philips Lighting executives on shifting technologies and innovation in a recession, and perspectives from an inventor and executive on managing creativity. We also offer a free chapter of a book on making innovation work, and a set of upcoming programs that can help you succeed — no matter what lies ahead.

Articles


Strategies for Ambiguity: Finding Opportunities in Uncertainty
Traditional business thinking views ambiguity and uncertainty as enemies of good management. But Wharton adjunct professor Paul Schoemaker points out that ambiguous and uncertain environments can offer tremendous opportunities — with the right tools and mindset. He offers six levers for profiting from uncertainty and ambiguity. More


Innovation in Recessions: Cranking Up the Oxygen
Rudy Provoost, CEO of Philips Lighting, discusses the challenge of the rise of LED lighting and the need to step up innovation during a recession, in an interview with Knowledge@Wharton during Wharton's Full Spectrum Innovation: Driving Organic Growth program. More


Fostering Invention: Keeping Innovation Ahead of the Curve
Inventor and leader Pete Pupalaikis, a graduate of Wharton's Advanced Management Program, discusses the factors that contribute to successful innovation. More

Wharton School Publishing
Making Innovation Work
Making Innovation Work provides a rigorous approach to managing innovation used at companies such as HP and Toyota. It can help you drive growth and transform industries. Download a free chapter of the book. More

April Poll Results
View Wharton@Work readers' response to the question "How is your company responding to pricing in a downturn?" More

cartoon 2

How frustrating. The crystal ball is down again.
(c) The New Yorker Collection 1991 Robert Weber from cartoonbank.com.
All Rights Reserved.

cartoon 1

Get back to work, Norwood! We'll abandon ship when I say we abandon ship!
(c) 2008 Mick Stevens from cartoonbank.com. All Rights Reserved.

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Upcoming Programs

Advanced Management Program (AMP)
Jun. 1–Jul. 4, 2008

Wharton/Windhover Program for Pharmaceutical and Biotech Executives
Jun. 1–6, 2008

Leading the Effective Sales Force
Jun. 2–6, 2008

Strategic Thinking and Management for Competitive Advantage
Jun. 2–6, 2008

NEW! Wharton/CFA Institute Wealth Management in Practice
Jun. 8–13, 2008

Competitive Marketing Strategy
Jun. 9–13, 2008

Strategic R&D Management
Jun. 15–20, 2008

Investment Strategies and Portfolio Management
Jun. 16–20, 2008

Strategic Alliances: Creating Growth Opportunities
Jun. 16–19, 2008

Mergers and Acquisitions
Jun. 22–27, 2008

NEW! Creating and Leading High-Performing Teams
Jun. 23–27, 2008

Full-Spectrum Innovation: Driving Organic Growth
Jun. 23–25, 2008

Strategic Persuasion Workshop: The Art and Science of Selling Ideas
Jun. 23–26, 2008

Executive Negotiation Workshop: Bargaining for Advantage®
Jul. 20–25, 2008

Creating Value Through Financial Management
Jul. 21–25, 2008

Finance and Accounting for the Non-Financial Manager
Jul. 28–Aug. 1, 2008

CEIBS/Wharton Joint Programme: Corporate Governance and Board of Directors
Aug. 19–23, 2008

Executive Development Program
Sep. 7–19, 2008

Leading and Managing People
Sep. 15–18, 2008

Strategic Thinking and Management for Competitive Advantage
Sep. 15–19, 2008

Advanced Management Program
Sep. 21–Oct. 24, 2008

NEW! High-Potential Leaders: Accelerating Your Impact
Sep. 21–26, 2008

Implementing Strategy: Leading Effective Execution
Sep. 22–26, 2008


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Take the May Poll
What tool have you found most useful to address ambiguous or uncertain environments?

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