Are You Stuck In The Corporate Innovation Paradox?

Great article on innovating in the corporate context. These two quotes sum it up nicely:

"The challenge for innovation in the corporate environment is that it needs to play by a different set of rules. Innovation is never on time, in your budget cycle or easy to manage through the standard gates for planning and approval. The machinations, systems, processes and approval gates inside organisations are designed for manageable, consistent stable growth based on the known risk factors."

"The risk is, and what often happens, is that organisations end up pushing innovation management and delivery into the current structured business project delivery model."

In our work at 11eight with corporates, setting up the "innovation scaffolding" so the operational settings are right is what we spend most time on - it is critical! Understanding how corporates really work is the key to this!

Source: The CEO Institute