How to Organize Innovation

How to Organize Innovation

Innovation is a complex topic for large organizations because there is no perfect governance model or organizational structure. This article delves into the challenges of structuring innovation within a large organization and the archetypes commonly adopted. These archetypes include the no in-house innovation approach, centralized innovation, dedicated business units, embedded innovation units, the ambidextrous approach, and decentralized innovation. Each approach has its own advantages and disadvantages, and it is key for organizations to choose the one that works best for their specific structure and industry.

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Genuine innovation and exponential growth plan are needed for successful product launches, otherwise employees get frustrated and demoralized.

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Learn how to rework a faulty vision statement with these 4 visioning exercises that focus on defining words, eliminating jargon, translating aspirations into actions, and asking emotional questions.

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Where is the Crowdsourcing Movement Heading? [1/3]

Crowdsourcing can provide valuable insights for organizations but needs to be well understood and managed. This article looks at the potential of crowdsourcing as well as the challenges and pitfalls that need to be navigated.

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