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Such disruption, impacting companies regardless of industry, is fueling the sense of urgency behind innovation. Either your organization is innovating or it’s getting swallowed up by the competition. That’s why having an effective innovation program is so important to stay afloat. The Innovation Program Benchmark tool can help.
Ignite 2018 is now in the rearview mirror, there only one thing to say: what an incredible two-day experience! With so many innovation leaders from some of the largest companies in the world in attendance, there was no shortage of opportunities to learn. Ideas are great, but impact matters.
Innovation leaders: you don’t have to prove return on investment (ROI) right away, but you do have to show some impact. The reality is, when it comes to a new innovation program, you don’t actually have to prove ROI to the exact formula (inputs-outputs) especially early in the program’s existence. Final thoughts.
How, though, does a company of this size approach innovation? The Ignite conference – on May 1-2 in San Francisco – is fortunate to have Linda Lavelle, Director of Knowledge Management at Johnson & Johnson, speak about how the company drives innovation throughout the organization.
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