a fast-moving group, working at the edge of the organization structure, which aims to accelerate the innovation process without the restrictions of organizational policies and procedures. Skunkworks can operate unknown to an organization, or with its tacit acceptance. With the organization's acceptance, skunkworks are an extreme form of intrapreneurialism. The term skunkworks was popularized by Tom Peters and Bob Waterman in A Passion for Excellence (1984).
On their own time and with no funding, some creative engineers at Compaq came up with a design for a new server. The skunkworks project is now a multi-million dollar global business| On their own time and with no funding, some creative engineers at...
Gary Hamel ends his ‘Future of Management' with a two-chapter ‘how-to' section, aptly titled ‘Building the Future of Management.' The first looks closely at two real-world attempts to create more innovative companies. Hamel starts with IBM's efforts to take its world-beating research and turn it into new...