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Going Beyond the Idea: Delivering successful corporate innovationPublished by: Grist Limited Published: Jun. 1, 2003 Table of ContentsList of figures Author profile Foreword Executive summary Key findings Research methodology Report outline Chapter 1: The need for innovation Crossing the valley of death The search for ideas Why do innovative initiatives often fail? The innovation system The innovation eco-system Chapter 2: Developing an innovation strategy Understand industry characteristics Evaluate organisational preparedness Compare alternative innovation styles Select an appropriate innovation business model Advise would-be entrepreneurs Chapter 3: Key success factors Relentless focus on solving a customer problem A leader and a team with a passion to succeed A common language for communicating and charting progress Relevant and quantifiable assets and skills to contribute Internal and external networking Chapter 4: Case studies BG and Lattice Group (SSTUK) South Staffordshire Water Group (HomeServe) Abbey National (cahoot) QinetiQ Nanomaterials BT Retail (BT Contact Central) References List of figures Typical stage-gate process The innovation system The innovation eco-system Evaluating organisational preparedness Five styles of innovation Selection of innovation business model QinetiQ ‘NABC Plus’ process AbstractHow to drive innovative business ideas through to reality for all senior executives responsible for delivering sustainable corporate growth.Most innovative companies are able to generate plenty of ideas and prioritise those with the greatest potential, but that is often the point when the greatest problems begin—driving validated ideas through to business reality. Despite putting an innovation process in place, the 'engine' often still doesn't produce the desired outcomes. Executives complain both about 'false positives' where projects are allowed to proceed without sufficient validation, and 'false negatives' where promising projects are killed too early, often because they cannot compete on equal terms with the core business. The report identifies five key success factors that leading-edge companies are building into their corporate strategies to deliver sustainable corporate growth: Get Full Details About This Report >> |
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