Corporate Budget

Corporate Innovation Funding – Part 2

Corporate Innovation Funding – Part 2

Corporate-level innovation executives with large discretionary budgets have a tremendous lever to use to increase business results from innovation. The methods used to allocate this budget can present real challenges for the leader. The first decision is splitting investment between increasing current production and improvements in productive capacity

Corporate Innovation Funding – Part 1

Corporate Innovation Funding – Part 1

Innovation executives at the corporate level have the unique challenge of accepting accountability for delivering results from innovation even though most, or all, of the real work of development and commercialization occurs within business unit structures. Effective Chief Innovation Officers are adept at influencing the shape of innovation portfolios and coaching business unit executives on the steps they need to take to meet organic growth goals.