Chip Gliedman, Vice President, Principal Analyst

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Presentation transcript:

Chip Gliedman, Vice President, Principal Analyst Webinar Lessons From Innovations Experts — Best Practices In Making Innovation Work Chip Gliedman, Vice President, Principal Analyst December 6, 2013. Call in at 10:55 a.m. Eastern time

Agenda Key stumbling blocks to innovation The innovation team Focus innovation programs The role of tools

Agenda Key stumbling blocks to innovation The innovation team Focus innovation programs The role of tools

Only half of firms demonstrate vision with dedicated innovation groups Source: February 26, 2013, “CIOs Are Not Ready To Support Business Innovation” Forrester report

Money and culture hold back innovation efforts Source: February 26, 2013, “CIOs Are Not Ready To Support Business Innovation” Forrester report

The innovation function is widely distributed Source: February 26, 2013, “CIOs Are Not Ready To Support Business Innovation” Forrester report

Larger organizations are far more likely to have formal processes or structures Source: February 26, 2013, “CIOs Are Not Ready To Support Business Innovation” Forrester report

Having a formal innovation program does not alleviate all structural challenges Source: February 26, 2013, “CIOs Are Not Ready To Support Business Innovation” Forrester report

Agenda Key stumbling blocks to innovation The innovation team Focus innovation programs The role of tools

Forrester’s Sustained Innovation Capability Map v1.2 Source: April 18, 2013, “Staffing For Sustained Innovation — Forget Large R&D Teams” Forrester report

Staffing for sustained innovation capabilities: idea management Source: April 18, 2013, “Staffing For Sustained Innovation — Forget Large R&D Teams” Forrester report

Staffing for sustained innovation capabilities: idea management (cont Source: April 18, 2013, “Staffing For Sustained Innovation — Forget Large R&D Teams” Forrester report

Staffing for sustained innovation capabilities: idea management (cont Source: April 18, 2013, “Staffing For Sustained Innovation — Forget Large R&D Teams” Forrester report

Staffing for sustained innovation capabilities: idea management (cont Source: April 18, 2013, “Staffing For Sustained Innovation — Forget Large R&D Teams” Forrester report

Agenda Key stumbling blocks to innovation The innovation team Focus innovation programs The role of tools

Sustained innovation addresses the full domain of ideas Source: April 18, 2013, “Staffing For Sustained Innovation — Forget Large R&D Teams” Forrester report

Business impact goals focus innovation effort on specific strategic objectives Source: August 23, 2012, “The Forrester Innovation Heat Index: Turn Good Ideas Into Real Innovations Faster” Forrester report

Guardrail values set the tone for innovation Source: August 23, 2012, “The Forrester Innovation Heat Index: Turn Good Ideas Into Real Innovations Faster” Forrester report

Agenda Key stumbling blocks to innovation The innovation team Focus innovation programs The role of tools

Proper planning and implementation ensure value from innovation tools Source: August 8, 2013, “Ensure That Your Innovation Management Tool Is Not Just Another Empty Suggestion Box” Forrester report

The Forrester Wave™: Innovation Management Tools, Q3 2013 Source: July 11, 2013, “The Forrester Wave™: Innovation Management Tools, Q3 2013” Forrester report

Lessons learned from Forrester Wave interviews Involve all stakeholders early in the process. “Just right” control over the process Adopt, rather than adapt, any tool you use. Integrate the tools with existing platforms to make participation seamless. Communicate throughout the process.

Chip Gliedman +1 617.613.8503 cgliedman@forrester.com