Creating Innovation Strategies for the Unique Needs of IT

Creating Innovation Strategies for the Unique Needs of IT

This IDC Perspective provides the framework for a compelling and coherent innovation approach for the IT organization. The crux of a successful IT innovation strategy is understanding and defining how new ideas will be created or discovered, vetted, prioritized, and "commercialized" by bringing them to realization and integrating them into the fabric of the enterprise. This document focuses on IT innovation strategies, describing what they are, why they are needed, IT innovation challenges that are unique to CIOs, and the key elements of an IT strategy."The enterprise vision, mission, goals, and business strategy make up the anchor and starting point for IT innovation strategies," says Marc Strohlein, adjunct research advisor with IDC's Research Network. "The alignment process needs to bring clarity to what innovation is desired and why it matters to the business."

Please Note: Extended description available upon request.

Executive Snapshot
Situation Overview
Why CIOs Need an Innovation Strategy
Elements and Parameters of Effective IT Innovation Strategies
Alignment of Innovation Strategies with the Business Vision, Mission, Goals, and Strategy
Funding and Resources
The Innovation System
Governance and Portfolio Management
Development, Scaling, and Integration for Commercialization
Advice for the Technology Buyer
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