Innovation’s Nine Critical Success Factors

Vijay Govindarajan latest HBR post Innovation’s Nine Critical Success Factors is one of those brilliant articles with clear, actionable points and should be saved to re-read every 3-6 months.  I’ve added it to my innovation page. Here are the nine factors:

  1. A compelling case for innovation.
  2. An inspiring, shared vision of the future.
  3. A fully aligned strategic innovation agenda.
  4. Visible senior management involvement.
  5. A decision-making model that fosters teamwork in support of passionate champions.
  6. A creatively resourced, multi-functional dedicated team.
  7. Open-minded exploration of the marketplace drivers of innovation.
  8. Willingness to take risk and see value in absurdity.
  9. A well-defined yet flexible execution process.

Read the full post here.