Building an Innovation Portfolio—10 Key Takeaways

Building an Innovation Portfolio—10 Key Takeaways

Innovation is ongoing, distinct from change, and involves creativity and risk. To drive successful innovation, organizations need a strategy, culture, and plenty of ideas. Product portfolio management is crucial for operationalizing innovation and aligning investments with brand strategy. PMOs should support and encourage innovation while relaxing their methodologies where necessary. CIOs will need to shift to support more innovation initiatives. The key is to balance risk vs. reward and make room for smaller innovation projects.

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Learn from the best innovation culture examples today

Learn from the innovation cultures of the most successful companies in the world and improve your own innovation performance.

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Innovation Is Not “Best Practice”

Innovation Is Not “Best Practice”

Innovation is losing its luster, as studies show that fewer CEOs feel innovation investments are valuable, and certain fields are not producing radical new innovations as expected. This is due to a reliance on best practices, but innovation requires breaking with history and embracing creative roots.

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How Do Innovation Agencies Work?

Innovation agencies play a crucial role in the economy by nurturing creativity and developing new products, services, and processes to solve business, societal, economic, and environmental challenges.

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