The Growth Innovation Journey: 5 Keys to Success
Company after company, in virtually every industry, has deep-seated reasons to refresh its approach to innovation. Decentralized governance that makes clear decision-making and performance accountability difficult. Stage Gate NPD processes that are 20+ years old and showing their age. A range of different innovation teams, in different parts of the company, with conflicting or overlapping missions.
These problems persist because the corresponding Change Management is perceived to be prohibitively onerous. Yet Wellspring’s experience, spanning 25 years working with hundreds of F500 clients, in a wide range of industries, suggests otherwise.
In this webinar, we explore the true steps required to transform a large organization from innovation laggard to organic-growth powerhouse. We’ll draw on dozens of anecdotes and real-world examples to highlight the keys to success, including:
- How to streamline innovation governance for greater effectiveness
- How to increase data visibility and process transparency – without alienating researchers and engineers
- Why an agile, iterative approach to program rollouts is almost always the best path forward
- How to connect company strategy with individual projects – while saving time rather than creating more overhead