Cover image for Innovation Engine : Driving Execution for Breakthrough Results.
Innovation Engine : Driving Execution for Breakthrough Results.
Title:
Innovation Engine : Driving Execution for Breakthrough Results.
Author:
DeSai, Jatin.
ISBN:
9781118420270
Personal Author:
Edition:
1st ed.
Physical Description:
1 online resource (253 pages)
Contents:
Innovation Engine -- Contents -- Preface -- Acknowledgments -- Introduction -- The New Duality: Performance Engine andInnovation Engine -- Foresight -- Getting Started -- Barriers and Risks -- The Game of Innovation -- Innovation Scorecard -- Driving Innovation -- Notes -- Part I Link Innovation to Business Strategy -- Chapter 1 Develop a Clear Innovation Intent -- The Vision -- The Seismic Shift -- Mechanical Engine versus Innovation Engine -- Strategic Alignment for Innovation -- Why Innovation? -- New Value Creation: Innovate to Generate Differentiated New Value and Profit -- Climate and Culture: Improve Employee Engagement and Build a Culture of Innovation (People) -- Clarity and Uncertainty: Improve Clarity about the Future and Reduce Uncertainty (Prosperity) -- Citizenship: Uplift Society and Build a Legacy (Planet) -- Innovation Execution: Embedding Innovation -- Conclusion -- Notes -- Chapter 2 Assess Innovation Readiness -- Reasons Why Executives Want Innovation -- 1. We Need to Get Off Commodity Island -- 2. Globalization and Automation Are Causing a Shortened Life Span for Our Products and Services -- 3. Our Strategic and Annual Planning Processes Are Not Working -- 4. Our Organization Lacks Nimbleness -- 5. Multigenerational Talent Gaps Are Widening -- 6. We Are Not Able to Keep Up with Breakthrough Advances in Technology and Scientific Innovations -- 7. There Are No Safe-Haven Sectors -- Innovation Readiness -- Factors of the Innovation System and Culture -- Alignment -- Insights -- Mobilization -- Leading Innovation -- Role of Transformative Leadership -- Leadership Dialog at the Top -- Three Constraints for Innovation Success -- Notes -- Chapter 3 Creating an Innovation Strategy -- Innovation Strategy -- Defining Innovation Strategy -- Examples from the Field -- Creativity, Design, Invention, Innovation -- Innovation Management.

Defining Innovation -- Defining Innovation Objectives and an Innovation Goal -- Choosing Innovation Objectives -- Defining the Innovation Goal -- Notes -- Part II Develop an Innovation Playbook -- Chapter 4 Creating a Roadmap -- Innovation Playbook -- 1. Innovation Charter -- 2. Innovation Principles -- 3. Innovation Processes -- 4. Intrapreneurs -- 5. Structure and Governance -- 6. Innovation Scorecard -- Notes -- Chapter 5 Building Momentum -- Momentum -- Momentum Framework -- 1. Develop Your Innovation Story -- 2. Evoke Change Leadership -- 3. Identify Innovation Leaders and Best Talent -- 4. Communicate, Communicate, Communicate -- 5. Build Awareness-Educate Everyone -- 6. Protect the Momentum -- Conclusion -- Note -- Part III Playing the Game -- Chapter 6 Structuring for Innovation -- Components of Organizational Structure -- Types of Organizational Structures -- Traditional Structures -- Matrix Structures -- Program-Based Structures -- Planning Your Innovation Structure -- Four Major Types of Innovation Structures -- Traditional Two-Tier Structure -- Center of Excellence -- Strategic Horizons Group -- Intrapreneuring and Venturing Group -- Core Innovation Team Structure -- Conclusion -- Note -- Chapter 7 Innovation Management Process -- Finding and Generating Ideas -- Sources of Ideas -- Four Innovation Processes -- Size of Ideas -- Idea Finding Conclusion -- Managing the Innovation Funnel -- Organizing Ideas -- Selecting Ideas to Pursue -- Building a Business Brief (Gate 2) -- Managing the Innovation Funnel Conclusion -- Implementing or Commercializing Ideas -- Investment Strategy -- Nature of Control -- Innovation Scorecard -- Conclusion -- Notes -- Chapter 8 Building Intrapreneurs -- Intrapreneurship and Intrapreneurs -- Defining and Embedding Intrapreneurship -- Case Study: Medical Services Company -- Entrepreneurs and Intrapreneurs.

Nature of Intrapreneurs -- Indiana Jones: A Great Intrapreneur -- Successful Intrapreneurs -- Supportive Environment for Intrapreneurs -- Conclusion -- For Managers Concerning Intrapreneurs -- For Aspiring Intrapreneurs -- For Human Resource Leaders -- Teach to Think Small and Fast -- Notes -- Chapter 9 Sourcing Radical Ideas -- The Path: How Ideas Travel -- Source of Creativity -- Quality of Ideas -- Critical Thinking and Creative Thinking -- Case Study: Energy Market -- Five Power Skills to Source Uncontested Ideas -- Skill #1: Develop Discontent -- Skill #2: Convergence Thinking -- Skill #3: Find Pivots -- Skill #4: Overturn Orthodoxies -- Skill #5: Think Frugally -- Conclusion -- Notes -- Chapter 10 The One Secret about Innovation -- Story of Silicon Valley -- The One Thing -- Playful Independence -- Different View of Failure -- Key Value of Teams -- The Source -- Finding Disruptive Opportunities -- Benefits of Playful Independence -- How to Cultivate It? -- Final Thoughts -- Cognitive Role of Innovation -- For Young Intrapreneurs in the Making -- Notes -- About the Author -- Index.
Abstract:
Innovation is in high demand today. At the same time, it is often both misunderstood and lacking in committed sponsorship. While methodologies like the balanced scorecard are applied with great success to monitor and manage the key performance drivers in organizations, today's teams need an innovation scorecard that effectively works in tandem with their performance/operations management. Balancing theory and practice with real-life case studies, Innovation Engine explores the process of innovation execution for organizations of any type and any shape. Derived largely from author Jatin Desai's global experience using and teaching the DeSai body of knowledge over the past twenty-five years, Innovation Engine shows you how to prepare and grow your organization in a hyperdynamic and globally connected environment, through foresight and strategic innovation. Designed for C-suite executives interested in building a climate and culture of innovation, management, and corporate innovators/intrapreneurs, Innovation Engine demonstrates how to build a business case for innovation; create a clear innovation strategy designed to support the business strategy; and build your own playbook for innovation. Packed with actionable ideas, references, and resources in each chapter so you can easily explore the concepts and ideas immediately, Innovation Engine shows you how to: Link innovation to business strategy Develop clear innovation intent Assess organizational readiness for innovation Create a short-term and long-term road map Build momentum Implement and execute Structure for innovation Implement a formal management process Develop high-performing innovators Source radical ideas Innovate year after year Innovation Engine can help rewire your organization's DNA to include innovation as a distinct core competence.
Local Note:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2017. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
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