[Discussion] The role of a Chief Innovation Officer (CINO)

Innovation is a vital component of business growth, but without a clear leader to drive its direction, it may not succeed. This is where the Chief Innovation Officer (CINO) comes in. The CINO oversees and manages the innovation process within an organization, promoting best practices and developing a roadmap for innovation success. They bridge the gap between innovation plans and business strategies, foster an innovative mindset among employees, and allocate the necessary resources for successful innovation projects. The CINO must also stay up to date with market trends and identify potential innovation partners for collaboration.