9Jun2009
Filed under: business
Author: 3ammo
I ran across this article today about innovation in tough times. The following checklist summarizes Scott Anthony’s “Seize the Silver Lining” book about innovation:
- Recognize today’s transformation imperative?
- Have a handle on the future potential of innovation?
- Have a process to prudently prune its innovation portfolio on a regular basis
- Have clear consensus on the 1-3 top growth opportunities?
- Always ask, “How does the customer define more?” before asking people to do more with less?
- Match technological experiments (”can we?”) with strategic experiments (”should we?”)?
- Constantly search to share the innovation load to de-risk innovation?
- Have a plan to “love the low end” in existing and emerging markets?
- Run an innovation factory with systems and structures to make innovation repeatable?
- Have a plan to help leaders transform themselves?
VIA [ Scott Anthony @ Harvard Business ]