| Managing Innovation is about Managing Change |
Innovation is about change. Companies that successfully innovate in a repeatable fashion have one thing in common - they are good at managing change. Now, change comes from many sources, but when it comes to innovation, the main sources are incremental innovation and disruptive innovation.
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| Top Tweets from @innovate on Twitter |
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| Do you know your 3 F's of Innovation? |
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I had the opportunity to interview James Todhunter, Chief Technology Officer at Invention Machine about engaging employees in a successful open innovation effort. Invention Machine is a software company that drives sustainable innovation across global organizations. In his blog Innovating to Win, Todhunter regularly offers insights and observations on building high-performance teams that can drive sustainable innovation across organizations.
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| Innovation Perspectives - Own Yes, Manage No |
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"Every CEO must own innovation, but not manage it."
The CEO must own innovation because he or she is responsible for approving the strategy that the organization is going to pursue. At the same time, managing innovation is an emerging specialty of the same level of complexity of human resources or finance, and so CEO's are not qualified to manage it outside of deciding who should manage innovation in a manner consistent with the organization's strategy. Read More
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