Quickly Assess Corporate Innovation Health
Blog: Business Model Alchimist
As an advisor on corporate innovation, I need to be able to quickly assess the state of corporate innovation in any organisation. Typically, a detailed assessment of a company’s innovation ecosystem can take up to 3 months. This involves the analysis of current blockers and enablers of innovation and coming up with a high-leverage action plan to improve the ecosystem. In the meantime, I found that two questions I ask leaders are a good predictor of how important innovation is considered in their organisation.