5 ways Chief Product Officers can Foster Innovation

5 ways Chief Product Officers can Foster Innovation

The role of a Chief Product Officer (CPO) is to drive innovation and create a product roadmap that delivers business value. For this purpose, CPOs can take five steps to effectively foster innovation: create an environment for off-routine work, encourage face-to-face interactions, send a clear message about culture during hiring, make themselves available to employees, and adopt a venture capital approach to innovation. By taking these steps, CPOs can allow for new, innovative ideas to surface and be supported by the product development team, driving the overall success of the company.

View

More Innovation Resources:

Lean Startup Kanban Boards Examples

William Pietri's approach to tracking experimental work through the value stream of a Lean Startup is outlined in this blog post.

View

Balancing Incremental & Radical Innovation

Innovation requires both incremental and radical changes. Learn their benefits and challenges and how to find a balance that works for your business.

View

Encouraging Employee Creativity Meet Innovation Goals

To foster innovation, companies must encourage and retain employee creativity. Design thinking workshops, allotting time for collaboration and learning, and including employees in decision-making processes build a culture of innovation.

View