How to create an innovation strategy that translates to the operational team level
Corporate visions and mission statements can be generic and disconnected from day-to-day project teams, leading to confusion and fragmented innovation initiatives. However, an effective innovation strategy that answers 3 crucial questions - where are you now, where do you want to go, and how are you going to get there - can produce a culture of innovation that is aligned with business strategy and project teams. The strategy should include innovation culture, growth mission, innovation portfolio, innovation plan, innovation capability, and innovation playbook. This can be achieved through an innovation strategy sprint that involves a core team and executive team in a 5-day process of research, idea generation, validation, and planning. The result is a roadmap for innovation that is aligned with business strategy and accountable for delivering business impact outcomes.