Innovation is one of those buzzwords being thrown around today and yet there is still a lot of ambiguity and confusion on what innovation really means and how to do it successfully. Part of the problem is there are many definitions for innovation. At Denovo, we prefer to keep it simple. Innovation is something that is new and creates value. It sounds easy but in reality there are many moving parts to make innovation a systematic and sustainable resource in an organization. The Holistic Integrated Innovation Framework outlines the components necessary for a successful innovation program.
There are challenges however for beginning or sustaining a comprehensive innovation program. For starters, it can be overwhelming. Again, there are a lot of moving parts that need to sync up to make an innovation program successful in the long team. Many other constraints stopping organizations from being innovative are well documented in the PWC Global CEO Pulse Survey titled “Unleashing the Power of Innovation” released in 2013. The top three constraints are:
- Financial Resources
- Existing Organizational Culture
- Lack of Internal Talent/Skills
These hurdles are addressed by implementing a Rapid Deployed Innovation System. And the best part, it only takes 16 weeks to do so. Download the free detailed plan to implement the Rapid Deployed Innovation System (see form to the right >>).
One advantage of the Rapid Deployed Innovation System is that it leverages existing resources but only on a limited basis. There is no need to backfill the resource or hire additional staff to launch the program. Also, one of the best ways to develop talent is to just start and learn as you go through the innovation process. Implementation is quick and at the end of the 16 weeks, components that are foundational of the Holistic Integrated Innovation Framework are in place.
The Rapid Deployed Innovation System is composed of five sections over the 16 week period, each covering a short range in time and containing discreet tasks to move your innovation program forward.
- Set Future Direction
- Identify Opportunities
- Generate Ideas
- Optimize Concepts
- Oversee Project Portfolio
At the end of the 16 week journey, the Rapid Deployed Innovation System has put in place the beginnings of the Holistic Integrated Innovation Framework and there are a few big ideas to start transforming the business. The people involved in the Innovation Task Force and the Innovation Review Executive Committee now have some experience in innovation, and promote the culture shift towards an innovative organization. And the best part is the program is completed using existing resources for a minimal cost within a short amount of time. By implementing the Rapid Deployed Innovation system, the beginnings of Strategy, Innovation Management, Enabling Capabilities and Supporting Functions now exist to begin building a Holistic Integrated Innovation Framework to formalize innovation in the organization.