“Every organisation needs to understand their innovation engine – and you all have one, whether you realise it or not …”
Innovation is every organisation’s engine for being more efficient and productive, for growth, for serving their existing customers better, for attracting new clients and for doing what they do better and better.
Every organisation needs to understand their innovation engine – and you all have one, whether you realise it or not – and here is a list of questions to ask yourself to help with this:
- What are your innovation engine’s mechanisms – funding, roles, divisions, processes, tools and templates?
- What fuels your innovation engine?
- How often is it tuned up and who is the chief tuner or innovation guru?
- How do you measure your innovation engine’s performance?
- Do you have a competitive engine and do you actively compete with your rivals in innovation?
- How much is your innovation engine internally focused and how much is it externally focused?
- How do you identify innovation opportunities (competitions) to race your engine in?
We can help you to understand and improve your organisation’s innovation engine by helping to formalise methods, identify opportunities, set up and manage an innovation funnel, pick innovation champions, and run a continuous innovation programme and strategy – rather than a start/stop programme with discrete, disconnected projects.