Innovation Teams: How To Establish Yourself As A Key Function In Your Company

Innovation teams face challenges in proving their value within companies and justifying their existence. To establish themselves as a key function, innovation teams need to build a thriving innovation ecosystem by making small bets and creating a pipeline of ideas. Additionally, it is important to establish relationships with key departments such as legal, marketing, and finance, as well as to align decisions and foster intentionality. By doing so, innovation teams can prove their worth and contribute to the overall aims of the company.