# The Innovation Strategy Most Companies Miss Page: https://stenobird.com/podcast/hbr-ideacast-650643/the-innovation-strategy-most-companies-miss Text version: https://stenobird.com/podcast/hbr-ideacast-650643/the-innovation-strategy-most-companies-miss.md Podcast: [HBR IdeaCast](https://stenobird.com/podcast/hbr-ideacast-650643) Published: 2026-08-11T11:06:59+00:00 Episode link: https://hbr.org/podcast/2026/08/the-innovation-strategy-most-companies-miss Audio file: https://audio.hbr.org/ideacast/20260810140741-TheInnovationStrategyMostCompaniesMiss.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/hbr-ideacast-650643/episodes/the-innovation-strategy-most-companies-miss Duration seconds: 1873 ## Resource Companies often build products for wealthy markets first and then try to adapt them for the rest of the world. But according to Dartmouth Tuck professor Vijay Govindarajan and MIT professor Amos Winter, designing for the toughest constraints first—whether that's affordability, portability, or limited infrastructure—can lead to products that perform better everywhere. They explain how leaders can identify high-impact opportunities, uncover customer needs through deep field research, and design solutions that balance performance with cost. They also discuss why organizational mindset—not technology—is often the biggest obstacle to global innovation, and where AI can (and can't) accelerate the design process. Together they wrote the book Global by Design: How to Create Innovations That Scale, Travel, and Transform. ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/hbr-ideacast-650643/episodes/the-innovation-strategy-most-companies-miss/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/hbr-ideacast-650643/the-innovation-strategy-most-companies-miss.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.