Illusion of Innovation

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Corporate Innovation
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corporate strategy
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Scaling organizations
small teams strategy
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sustainable innovation
systematic experimentation
value creation
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Why corporations fail

Product details

  • ISBN 9781646871544
  • Publication Date: 28 May 2024
  • Publisher: Ideapress Publishing
  • Publication City/Country: US
  • Product Form: Hardback
  • Language: English
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Silver Medal Winner, Axiom Business Book Awards 2025 (Business & Economics)
Silver Medal Winner, Foreword INDIE Awards 2025 (Business & Economics)
Silver Medal Winner, Independent Publisher Awards 2025 (Business/Career/Sales)
Grand Prize Finalist, First Horizon Award Finalist & Business Honorable Mention, Eric Hoffer Award 2025
Winner, American Book Fest "Best Book" Awards 2024 (Business: Entrepreneurship & Small Business)

There's a problem with innovation inside of big companies. And it's not what you think. Corporations are better managed than ever, but they're less capable of delivering the breakthroughs that change our world for the better. Big companies are too often focused on efficiency instead of resiliency. They're optimized for safety and predictability, for maintenance of the status quo. Their focus on capital efficiency leads them to engage in an illusion of innovation: activity that feels like innovation but leads to value destruction, not progress.

This book explains why meaningful innovation naturally emerges from deliberate inefficiency and how large corporations can harness the power of small teams—startups—to drive radical change through systematic experimentation.

The Illusion of Innovation explores:
• What the Federal Witness Protection Program reveals about the power of individuals
• How the Amazon river basin relies on random evolution to build resiliency
• How the NBA's shift to the three-point rule demonstrates the importance of thoughtful experiments
• How one-thousand-year-old businesses survive crises

We need scaled corporations to recover their problem-solving capacity. This means questioning decades of embedded assumptions about why corporations exist and finding ways to run faster, cheaper, and weirder experiments. It's time to build again.
ELLIOTT PARKER is founder and CEO of High Alpha Innovation, a venture builder that partners with corporations, universities, and entrepreneurs to co-create startups that solve compelling problems. He built his career in strategy consulting at Innosight, the firm founded by Clayton Christensen, in corporate venturing, and as an entrepreneur bringing new ideas to market. To date, he has launched over 40 venture-backed startups. Originally from California, Elliott currently resides with his family in Indiana. He earned a B.S. in Finance from BYU and an M.B.A. from the UCLA Anderson School of Management.  ELLIOTT PARKER is founder and CEO of High Alpha Innovation, a venture builder that partners with corporations, universities, and entrepreneurs to co-create startups that solve compelling problems. He built his career in strategy consulting at Innosight, the firm founded by Clayton Christensen, in corporate venturing, and as an entrepreneur bringing new ideas to market. To date, he has launched over 40 venture-backed startups. Originally from California, Elliott currently resides with his family in Indiana. He earned a B.S. in Finance from BYU and an M.B.A. from the UCLA Anderson School of Management.  ELLIOTT PARKER is founder and CEO of High Alpha Innovation, a venture builder that partners with corporations, universities, and entrepreneurs to co-create startups that solve compelling problems. He built his career in strategy consulting at Innosight, the firm founded by Clayton Christensen, in corporate venturing, and as an entrepreneur bringing new ideas to market. To date, he has launched over 40 venture-backed startups. Originally from California, Elliott currently resides with his family in Indiana. He earned a B.S. in Finance from BYU and an M.B.A. from the UCLA Anderson School of Management. 

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