MVIS

Beyond the MVIS

Beyond the MVIS

Earlier this week, I recommend reading Scott Anthony’s article in the December edition of the Harvard Business Review titled, “Building an Innovation Engine in 90 Days”. The paper describes an approach to creating what the authors call a Minimum Viable Innovation System (MVIS) in a very short period of time. The main point of my earlier post was that the new Chief Innovation Officer must execute projects using the MVIS approach while building a more robust and sustainable innovation business system.

Building an MVIS

Building an MVIS

I recommend reading Scott Anthony’s article in the December edition of the Harvard Business Review titled, “Building an Innovation Engine in 90 Days”. The paper describes an approach to creating what the authors call a Minimum Viable Innovation System (MVIS) in a very short period of time. The prescribed process is very similar to what I have suggested is the appropriate initial focus of a new Chief Innovation Officer. The MVIS approach calls for identifying and executing a small number of high-impact projects with significant executive oversight using a standard venture capital investment model.