Tag Archives: Chief Innovation Officer

Manage your Innovation Pipeline exactly like your Sales Pipeline

Managing the Sales pipeline is a well-developed executive skill in any company selling large ticket items to business customers.  Each sales person has to gather data and input their reports and forecasts.  Some of the key actions in managing the pipeline include: Qualification questions have to be answered.  Does the customer need our product?  Do they have a budget?  Are ...

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3 E’s of Effective Innovation Leadership

Legacy companies like Apple, Xerox and IBM have transformed their organizations over the past 30 years to stay competitive in an ever-evolving market. This kind of transformational change is not easy for any organization, small or large. In fact, 70% of all change efforts fail. So what can you do to improve your odds of success? One of the most ...

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How to Protect Breakthrough Innovation

How to Protect Breakthrough Innovation

A company’s portfolio can generally be segmented into three types of innovation: incremental, adjacent, and breakthrough. Incremental innovations are minor improvements to existing products or small steps in to a new market. Adjacent innovations are more novel than incremental innovations and often involve applying an existing core competency in a new area. Breakthrough innovations, often referred to as transformational, radical, ...

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How to Design Your Innovation Organization

Practical Advice for the Chief Innovation Officer -- While it’s non-negotiable that all innovation organizations should be aligned to business strategy, there are a few models for developing such organizations that provide flexibility for chief innovation officers. Which model is best for you?

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Time to Replace Your Chief Innovation Officer

Among my innovation peers, we have talked about how crucial executive commitment is, and some organizations have responded by hiring Innovation Managers, Innovation Directors, VP's of Innovation, and Chief Innovation Officers (CINO's not CIO's so there is no confusion with Chief Information Officers). One of the dangers of putting people in charge of innovation though, is...

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