Viewpoints on Innovation

How To: Quickly Improve Innovation Results as the CINO

How do you diagnose the real innovation challenges?

by Bill Poston

Strategy Analytics and Decision Support Governance Process Improvement IT Enablers Organizational Effectiveness Consumer Goods High Technology Industrial Manufacturing Medical Device Pharmaceutical Healthcare Chief Innovation Officer
Comment

It takes a while to grow an idea into a commercially viable product. One of the quickest ways a chief innovation officer can drive early results from innovation is to characterize and shape the existing portfolio.

Characterizing the portfolio enables you to create the right strategy and affect results within the first 12-24 months. This sets you up to then engage in a comprehensive deep-dive of your capabilities so you clearly understand existing challenges. Diagnosing your challenges provides the knowledge of the inner-workings of your organization no one else possesses. This equips you with valuable clarity into the needs that must be addressed to drive innovation results. 

Originally published on May 11th, 2015

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Topics: Bill Poston, Chief Innovation Officer, CINO, CINO Role, Innovation, Strategy

About the Author

Bill Poston

Bill Poston

For the past 30 years, Bill has helped executives in technology-driven industries transform their competencies to deliver results. He is a highly regarded consultant, speaker, and writer on the topics of innovation strategy, product development, portfolio management, technology commercialization, and the software systems that enable innovation. Keep up with Bill's latest research and thoughts on innovation and the rising role of the Chief Innovation Officer at www.TheChiefInnovationOfficer.com.
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