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Innovation Leader editor Scott Kirsner shares some of the high-level data from our recent survey and research report on the ties between business units and innovation or R&D groups. He’s joined by executives from Fidelity Investments, Aon Health, GOJO Industries, and Trek Bicycle, who share their perspectives. 45 minutes of video and slides…
“I’ve learned that culture and politics both will have big impacts on the course your innovation program follows. But most people don’t talk about them,” writes Sreten Gajic, a former new ventures executive at Assurant and Coca-Cola. Here’s his advice on how you can build structures that can get innovation to happen in any company.
Michael Foster, who has developed innovation programs at companies like Dun & Bradstreet and Fiserv, provides four tips for nurturing and elevating the “subculture” of innovation that exists within large organizations. One challenge he highlights: Most companies have a tendency to over-complicate things. Here’s his advice.
Ten observations about the politics and realities of innovating in an established organization, from Phil Swisher, the former VP of innovation at the biggest private bank in the U.S. “It’s important to realize that there may be many people in the organization who are waiting you out,” Swisher says.
Lego CEO Jørgen Vig Knudstorp talks about Future Lab, a separate team the company has set up to explore new avenues for growth.