Build Your Own Garage (Review and Analysis of Schmitt and Brown's Book)
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About this ebook
This complete summary of the ideas from Bernd Schmitt and Laura Brown's book "Build Your Own Garage" explains how in business, garages are considered to be the places where good ideas can be grown into new businesses. In their book, the authors state that every company needs an in-house garage, where creative ideas can develop, allowing the company to remain vibrant and successful in the future. This summary reveals the key to building and running a successful corporate garage and why you should build one for your company immediately.
Added-value of this summary:
• Save time
• Understand key concepts
• Expand your business knowledge
To learn more, read "Build Your Own Garage" and discover how you can ensure the future success of your company by building a corporate garage.
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Build Your Own Garage (Review and Analysis of Schmitt and Brown's Book) - BusinessNews Publishing
Book Presentation: Build Your Own Garage by Bernd Schmitt and Laura Brown
Book Abstract
About the Author
Important Note About This Ebook
Summary of Build Your Own Garage (Bernd Schmitt and Laura Brown)
1. The Role of the Corporate Garage
2. Garage Component #1 – The Blueprint
3. Garage Component #2 – The Toolbox
4. Garage Component #3 – The Mastercrafts
5. Putting It All Together – The Role of Creative Tension
Book Abstract
MAIN IDEA
Garages are revered in business folklore as places where good ideas can be grown into new businesses. But it isn’t just start-ups that need a garage – every company actually needs an in-house garage (even if it’s just a metaphorical garage) where creative ideas can bubble to the surface if its aspires to be vibrant and successful in the future.
So what’s the key to building and running a successful corporate garage? Mostly, it’s hitting the right balance between the systems side of the business and the creative side. Go too far on the systems side and the business will be sterile and lacking passion. Conversely, go too far on the creative side, and the business will come up with interesting ideas which never get put into action. The best companies capture and then harness the creative tension between these two opposites.
Putting together a good corporate garage requires three key components:
A blueprint – the mission statement of the garage.
A toolbox – specific tools and instruments for infusing creativity throughout the organization.
Expertise in three mastercrafts – technology, branding and customer experience management.
Almost every business organization has untapped reserves of creativity.