If one was to ask a member of the Board of Directors of most companies about the innovativeness of their company, the typical answer would be that the company is very innovative and doing well, thank you for asking. We explore the issues surrounding the role of the Board, its responsibility to asses risk due to innovation, and offer a set of metrics for keeping tabs on innovation-derived risk.
In this White Paper we examine the long-term stock performance of several of the companies which we have profiled; GE, Starbucks, Toyota, John Deere, Blackberry (RIM), 3M and P&G.
Explore the critical elements in the process of creating a favorable climate for ideas to emerge and develop into commercial reality.Creating the right climate
Knowing where to start improving the management of innovation has to be rooted in a better understanding of the organizations’ current culture, policies and management practices. Better analysis means more focused solutions.
Tinkering is but one of four major features contributing to the innovation dynamic in the U.S. economy.
Canada’s ranking as a world class ‘innovation economy’ is declining. At least the WEF keeps track!
Companies need to rethink what investment in research and development really means to their organization.