Costovation

Innovation That Gives Your Customers Exactly What They Want - and Nothing More
By Jennifer Luo Law, Stephen Wunker
About the summary

Costovation solves the dilemma of how to spend less and innovate more. The book’s revolutionary approach broadens the definition of innovation beyond products to the business model itself. With costovation, you let go of assumptions, take a fresh look at the market, and relentlessly focus on what customers really want. Innovation and cost-cutting are not opposites. Combined, they expose untapped opportunities to outsmart and underspend competitors.

In This Summary You’ll Learn:

  • The value of costovation and why it appears over and over.
  • The three most important traits of costovation.
  • Great stories illustrating how companies use costovation in different contexts.
  • How to know if your industry is ripe for costovation as well as strategies and tips for how to use it.
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