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- Wiley
More About This Title Innovation Engine: Driving Execution for Breakthrough Results
- English
English
Innovation is often sought and is in high demand today. At the same time it is often misunderstood and lacks committed sponsorship. Today, most teams at the top need an innovation capability in a manner that works in tandem with their performance/operations management. Packed with actionable ideas, references, links, and resources, Innovation Engine meets that need.
- Reveals how to develop strategy, road maps, and processes for innovation execution
- Provides high level implementation guidance on executing innovation, something companies are struggling with globally
- Explores how today's companies can create a long-term sustainable corporate culture by also using an innovation engine
- Explains how to use innovation to keep employees engaged and motivated
- Written for executives, business leaders, CFOs, and CIOs
Showing readers how to create a business case for innovation and a supporting innovation linked to business vision and goals, Innovation Engine clearly reveals how to reduce time-to-market, while expanding the "idea landscape" and building a pipeline of corporate innovators.
- English
English
JATIN DESAI has been active in leadership and operating roles since 1983 when he cofounded The DeSai Group. The DeSai Group provides innovation execution and management services to Fortune 1000 and Global 2000 companies in the United States, Europe, and India.
- English
English
Preface xiii
Acknowledgments xv
Introduction 1
The New Duality: Performance Engine and Innovation Engine 1
Foresight 2
Getting Started 3
Barriers and Risk 4
The Game of Innovation 4
Innovation Scorecard 4
Driving Innovation 5
Notes 7
Part I Link Inn ovation to Business Strateg y 9
Chapter 1 Develop a Clear Innovation Intent 11
The Vision 11
The Seismic Shift 14
Mechanical Engine versus Innovation Engine 15
Strategic Alignment for Innovation 18
Why Innovation? 20
Innovation Execution: Embedding Innovation 31
Conclusion 33
Notes 34
Chapter 2 Assess Innovation Readiness 37
Reasons Why Executives Want Innovation 38
Innovation Readiness 42
Factors of the Innovation System and Culture 44
Leading Innovation 47
Notes 54
Chapter 3 Creating an Innovation Strategy 57
Innovation Strategy 57
Innovation Management 66
Defining Innovation 68
Defining Innovation Objectives and an Innovation Goal 69
Notes 71
Part II Devel op an Inn ovation Playbook 73
Chapter 4 Creating a Roadmap 75
Innovation Playbook 75
Notes 91
Chapter 5 Building Momentum 93
Momentum 93
Momentum Framework 95
Conclusion 109
Note 109
Part III Playing the Game111
Chapter 6 Structuring for Innovation 113
Components of Organizational Structure 114
Types of Organizational Structures 116
Planning Your Innovation Structure 120
Four Major Types of Innovation Structures 121
Core Innovation Team Structure 128
Conclusion 130
Note 131
Chapter 7 Innovation Management Process 133
Finding and Generating Ideas 134
Managing the Innovation Funnel 142
Implementing or Commercializing Ideas 154
Innovation Scorecard 158
Conclusion 158
Notes 159
Chapter 8 Building Intrapreneurs 161
Intrapreneurship and Intrapreneurs 162
Entrepreneurs and Intrapreneurs 166
Conclusion 185
Notes 189
Chapter 9 Sourcing Radical Ideas 191
The Path: How Ideas Travel 192
Case Study: Energy Market 194
Five Power Skills to Source Uncontested Ideas 197
Conclusion 210
Notes 210
Chapter 10 The One Secret about Innovation 213
Story of Silicon Valley 214
The One Thing 218
Playful Independence 218
Final Thoughts 224
Notes 227
About the Author 229
Index 231