Description
Book SynopsisThe business leader's guide to encouraging continuous innovation in any organization Innovation governance is a hot topic in the business world. In a fast-paced business environment, the ability of corporate leaders to build purpose, direction, and focus for innovation is more important than ever.
Trade ReviewAddresses a key topic at a time of intensifying competition and is full of practical tips. (Supply Business, July 2014)
Table of ContentsFOREWORD ix
PREFACE: WHY SHOULD WE PAY ATTENTION TO INNOVATION GOVERNANCE? xvii
ACKNOWLEDGMENTS xxv
PART I: ADDRESSING THE INNOVATION GOVERNANCE CHALLENGE 1
1 WHAT IS INNOVATION GOVERNANCE? 3
2 GOVERNING INNOVATION IN PRACTICE: THE ROLE OF THE BOARD OF DIRECTORS 31
3 GOVERNING INNOVATION IN PRACTICE: THE ROLE OF THE TOP MANAGEMENT TEAM 49
PART II: CHOOSING BETWEEN ALTERNATIVE GOVERNANCE MODELS 85
4 WHY FOCUS ON INNOVATION GOVERNANCE MODELS? 87
5 INNOVATION GOVERNANCE MODELS 107
6 WHICH MODELS SEEM TO WORK AND WHY? 135
PART III: LEARNING FROM THE FIELD 151
7 LEADING FROM THE TOP 153
Example 1 – IBM’s Innovation Governance Model: A Succession of CEOs Oversees “Continuous Transformation”
8 LEADING FROM THE TOP 173
Example 2 – Corning’s Innovation Governance Model: Two Executive Councils Execute Hands-on Governance
9 APPOINTING INDIVIDUAL INNOVATION CHAMPIONS 193
Example 1 – Nestlé’s Innovation Governance Model: CTO in Partnership with Business Heads
10 APPOINTING INDIVIDUAL INNOVATION CHAMPIONS 223
Example 2 – DSM’s Innovation Governance Model: The Entrepreneurial CIO
11 SETTING UP A COLLECTIVE GOVERNANCE SYSTEM 247
Example – Tetra Pak’s Innovation Governance Model: High-level Cross-functional Steering Groups
PART IV: DESIGNING YOUR OWN GOVERNANCE SYSTEM AND MAKING IT WORK 269
12 GETTING STARTED 271
How Michelin has Rethought its Governance Model
13 RECOGNIZING THE IMPERATIVES FOR AN EFFECTIVE GOVERNANCE SYSTEM 299
14 ALIGNING INDIVIDUAL AND COLLECTIVE INNOVATION LEADERSHIP 321
APPENDIX: EXAMPLES OF TASKS AND INITIATIVES TO SUPPORT INNOVATION 345
INDEX 351
