The Chief Innovation Officer’s Three Core Roles

October 20, 2021
In recent years, the position of Chief Innovation Officer (CINO) has gone from a footnoted curiosity to a mainstream trend. And now we have data-driven evidence that CINOs play an important role in driving growth for their companies. In Wellspring’s 2021 R&D and Innovation Agenda report, the... Read More

How Innovation Drives Corporate Performance (And How It Doesn’t)

September 27, 2021
For decades, everyone has called innovation the “fuzzy front end.” On everything from Advanced R&D to Corporate Ventures, program-level investment decisions have largely been driven by leadership intuition. Either you believe in the premise, or you don’t. If that sounds familiar, then I have news... Read More

Pulse of Innovation: Managing Innovators

June 01, 2021
Every so often we ask our community to sound off on popular topics in innovation and share their best tips, tricks, and advice in hopes that their answers may inspire others in the field. We’ve gathered these insights by email, over phone calls, at events and roundtables, and catching up with... Read More

Innovation metrics: why NPV and Product Vitality aren’t enough

March 10, 2021
When I speak with R&D and innovation leaders about their key metrics, two measures rise to the top: NPV (Net Present Value) and PVI (Product Vitality Index). These are the de facto standards for assessing innovation impact. Nothing else comes close. When pressed, the very same leaders express a... Read More

Most Companies Don’t Have an Innovation Strategy. Here’s Why.

December 15, 2020
A few years ago, I was involved in a two-day boardroom session at a respected company – let’s call them Acme Corporation. They’d asked for help with their innovation strategy. Read More

Pulse of Innovation: Innovating through a Crisis

July 21, 2020
Every so often we ask our community to sound off on popular topics in innovation and share their best tips, tricks, and advice in hopes that their answers may inspire others in the field. We’ve gathered these insights by email, over phone calls, at events and roundtables, and catching up with... Read More

Pulse of Innovation: Tips for Effective Innovation Governance

April 14, 2020
Every so often we ask our community to sound off on popular topics in innovation and share their best tips, tricks, and advice in hopes that their answers may inspire others in the field. We’ve gathered these insights by email, over phone calls, at events and roundtables, and catching up with... Read More

Type I vs Type II Innovation Programs

March 30, 2020
In my decade-plus years working with corporate innovation leaders, I’ve seen a variety of frameworks to explain what we mean by “innovation.” The most enduring of these has been McKinsey’s Three Horizons model – although there are plenty of others. These models – powerful though they are – have... Read More

Pulse of Innovation: Encouraging Risk, Navigating Uncertainty, and Embracing Failure

March 02, 2020
Every so often we ask our community to sound off on popular topics in innovation and share their best tips, tricks, and advice in hopes that their answers may inspire others in the field. We’ve gathered these insights by email, over phone calls, at events and roundtables, and catching up with... Read More

5 Ways to Avoid Innovation Theater

February 03, 2020
Anyone reading the typical startup-world commentary about Innovation Theater might be tempted to make one of two assumptions. First, big companies are clueless about how to innovate. Second, they must be screwing up innovation on purpose – playing a cynical game just to convince outsiders... Read More
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