Ecosystems and platforms are becoming the main value-producing stream for innovation delivery. We need to learn to collaborate in new, more open ways in order to achieve successful innovation outcomes.
Best practice may not always be the best approach for innovation management. Instead, focusing on good and emerging practices within your own organization can lead to success. Use the Cynefin framework to determine which domain your innovation falls into and use appropriate practices and actions.
Innovation programs bring in millions but only if their worth can be demonstrated. Measuring results against defined goals, projecting ROI and involving upper management are key.
