or
or
or
&

Overview: Innovation Strategy

While innovation can’t be turned on like a tap, it is something you can make more likely to happen.

Creating a favourable environment for innovation starts with getting the basics right:

  • integrating your internal and external communications strategies,
  • combining them with knowledge management tools and processes,
  • and integrating training and employee engagement programmes.

In other words, what I mean by digital transformation.

Integrating these strategies, processes and tools provides a strong foundation onto which you can build dedicated innovation processes.

However, building and integrating them is itself a major innovation challenge!

Sidestep this chicken-and-egg problem by framing each strategy and programme as key components of the final, integrated goal: to build an Internal Innovation Community, which:

  • supports knowledge management, information flows, (in)formal training, ideation, employee engagement and more
  • helps your external communications team discover useful internal content, and transfer it outwards
  • ensures useful external information reaches the right people inside
  • spreads an innovation & communications culture throughout the organisation.

But don’t try and build it all at once. Instead, build and roll out one part of the Programme, and then use it to build and roll out the next.

Like to figure out how? Get in touch.

More services: start with Communication strategy.

Relevant resources

Open Innovation ROI
www.idexlab.com
Card image

"Procter & Gamble, one of the pioneers of open innovation... since seen its revenue go from 43 to 83 billions in 5 years... open innovation has allowed them to develop new products by relying on the expectations and need of the customers and on the expertise of new partners... 50% of their products were developed through collaboration with extern…

Interview: Open Innovation in Siemens
www.innovationmanagement.se
Card image

Apart from the obvious platitudes ... "If Open Innovation is not seen as a long term capability building exercise then it will fail.... The NIH (Not Invented Here) syndrome is a big barrier and should never be underestimated." ... there's some interesting case studies in here - e.g.,: through "TechnoWeb, our internal social media tool, we …

Relevant Overviews

Cookies disclaimer

MyHub.ai saves very few cookies onto your device: we need some to monitor site traffic using Google Analytics, while another protects you from a cross-site request forgeries. Nevertheless, you can disable the usage of cookies by changing the settings of your browser. By browsing our website without changing the browser settings, you grant us permission to store that information on your device. More details in our Privacy Policy.