Annual Meeting 2014 - Institutionalizing Innovation Competencies

Institutionalizing Innovation Competencies

ROR Stage: wrapping up

Premise: Breakthrough Innovation requires a distinctive management system, including innovation expertise.  •    Beyond R&D, many responsibilities are required to successfully incubate and commercialize BI.  •    Historically, people volunteer due to ‘intrinsic motivation’ or are assigned as a rotation on a leadership development path. •    Not in role long enough to be effective •    Penalized when projects fail •    Stalled on promotion path due to long incubation periods •    Absence of role clarity, career paths. •    At the Annual Meeting: Final results of a 3 year, 11 company, 180 interview study. •    Challenges described. •    Roles defined…participating and supporting. •    Careers tracked. •    Prescriptions for improvement offered. 

Team Members: Ted Farrington, Pepsico; Bruce Kirk, Corning; Gina O’Connor, RPI (SME); Lois Peters, RPI (SME)