In the process of setting objectives for your business goals, you should always think SMART – as management guru Peter Drucker applies this expression. To make your objectives easy to understand and monitor, they need to be specific, measurable, assignable, realistic and time-related. This mnemonic can be useful when establishing innovation challenges.
Last but not least, when launching your innovation management effort, remember to find a way to communicate why the initiative is bigger than just a simple project with a set of processes and tools. A strategic intent that shows the … Read More
From the beginning of your innovation efforts, people need to clearly understand the journey ahead and to feel they have a voice in the process. At Exago, we are strong believers in the power of collective intelligence to envision new … Read More
If people don’t come, your innovation efforts stand no chance. Active and clear communication is fundamental to maximising engagement, guaranteeing adequate participation. It also assures community awareness. Building a witty communication plan – one that lives and breathes innovation – is paramount for the success of your idea management programme across borders.
When launching your innovation management effort, you must find a way to communicate that the initiative is bigger than just a simple project. We’re talking about the opportunity to define the company’s future. The opportunity to out-differentiate your competition and, more importantly, to write history together.
Today the traditional model of ‘top management decides’ and ‘everyone else unquestioningly executes’ is less likely to succeed, namely in your innovation efforts. Leaders need to define strategy based upon established fundamentals and then clearly communicate that strategy throughout their organisation. Transparency is paramount in the twenty-first century enterprise.
Say you’ve run the front-end process and have successfully identified the ideas and opportunities that make the most sense to implement, but now you lack resources. As a result, the opportunity falls into an implementation void and you get the blame for the low return of your innovation management programme.
If you have already started your innovation programme, you most likely have a mandate from top management. But do you have their attention? These days you rarely find an organisation where innovation is not a part of leadership’s mandate. Yet … Read More
Roche, a global leader in healthcare, has decided to deploy Exago’s transformation services to develop a rich culture of innovation among its employees. Roche will extend the programme to Brazil, Chile, Colombia, Costa Rica and Ecuador. Roche seeks to launch … Read More