How to Organize Innovation

Innovation is a complex topic for large organizations because there is no perfect governance model or organizational structure. This article delves into the challenges of structuring innovation within a large organization and the archetypes commonly adopted. These archetypes include the no in-house innovation approach, centralized innovation, dedicated business units, embedded innovation units, the ambidextrous approach, and decentralized innovation. Each approach has its own advantages and disadvantages, and it is key for organizations to choose the one that works best for their specific structure and industry.