Properly defined, the Chief Innovation Officer’s role is too large to handle without a dedicated team of people to assist them with the execution of their varied responsibilities. Over the past few weeks I have identified a number of roles that I would want on my team in the corporate innovation function.
Once the innovation engine is firing on all cylinders and we have the ability to efficiently turn an idea into profits, we can open up the aperture of the front-end of the process. That means going in search of new technologies and big ideas to fuel the growth engine. This does not just happen. A disciplined capability that identifies, evaluates and incubates promising concepts requires people that have vision.