Innovation

Take Innovation Beyond Product Development

Take Innovation Beyond Product Development

At the current churn rate, approximately 75% of companies listed on the S&P 500 today will be replaced in the next decade.1 The pace of change is accelerating. The future will be littered with underperforming companies that did not effectively evolve to meet it.

Innovation Allies: The Business Unit President

Innovation Allies: The Business Unit President

Today, we are continuing the discussion of executives that the Chief Innovation Officer needs to include in the coalition that guides the transformation of innovation capabilities, capacity and business results. The presidents of business units, or whoever has line accountability, within your corporate structure should be key allies in the transformation.

BAIR Sighting

BAIR Sighting

Last Tuesday I went to San Francisco to speak to an organization dedicated to promoting innovation.  The Bay Area Innovators in Retail (BAIR) gets together quarterly to share experiences, promote leading practices, and support one another's success in innovation. I was impressed by the group. 

Horizons

Horizons

Yesterday, I spoke at Planview’s Horizons 2014 Annual Customer Conference. The objective of the event is to inspire leaders in portfolio management. Planview sells a great set of software tools that enable a company to manage its pipeline of innovation initiatives and make investment allocation decisions.

Measuring Innovation

Measuring Innovation

Innovation is complex and there is no single secret to success. The most powerful lever available to the Chief Innovation Officer, however, may be the measure, analyze and act cycle. Innovation thrives on clarity and a good measurement system can generate insight into what is driving results.