Channeling Innovation

by Lilia Efimova on October 16, 2002

Recent SynapShots with Channeling Innovation link:
 

Channeling Innovation : By James L. Fahey; Published October 14, 2002 – “Despite its importance to business, innovation can be a confusing distraction. An effective process for managing innovation allows organizations to respond to markets while remaining focused on business objectives … Seven Steps for Channeling Innovation:
1. Clearly articulate business objectives and priorities
2. Include all the right people
3. Pick a leader and an administrator
4. Create a list of recommended innovations
5. Publish the list and give all participants access
6. Meet regularly with a clear objective
7. Stick to the lists
Although the process for channeling innovation appears somewhat elaborate, it is actually quite efficient and consumes relatively little human resource time.

Archived version of this entry is available at http://blog.mathemagenic.com/2002/10/16.html#a279; comments are here.

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