Innovation Management Research - Perception Outpaces Reality

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Perception Outpaces Reality

Innovation Management

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About Information Architected• Full-service Consultancy

– Readiness and Culture Assessment– Strategy Development– Education

• Certified providers of DIcor Innovation Workshops

About the Principals– Carl Frappaolo (25 years in industry) – Dan Keldsen (15 years in industry)

• Founding Members of theInnovation Lab of Perot Systems

• 2x Judges of “The Innovation Challenge”– The World’s Largest MBA-based Open

Innovation Project, run by Idea Crossing

Recent Engagements• GE (5)

• HP

• Sun Microsystems (3)

• Centura Health

• Avaya Global Systems

• Kellogg’s (4)

• Velcro USA (4)

• Fish and Richardson (2)

• PepsiCo (3)

• Association of Equipment Manufacturers (4)

• United States Air Force/Air National Guard (2)

• Cooper Tire (2)

• Dialogic (2)

(Parenthetical # indicates multiple sessions, typically classes of 20-30 people at a time)

Recent Engagements (Cont’d)• Univ. of Tennessee Business School (5)

• Univ. of Denver Business School

• University of Toronto

• Ryerson University

• University of Scranton

• Capilano University

• Time Warner

• Eastman Chemical (3)

• FedEx (5)

• Buckeye Industries (2)

• Interaction Associates (2)

• Deloitte (Canada)

• Colorado/Iowa/Oklahoma Performance Excellence(State Baldridge programs) (3)

• Chinese Government (STM)

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Perception Outpaces Reality

Innovation Management

About the Research– 182 Respondents– Summer 2009

Demographics– Across Verticals– Across Size Organizations– 63% North American

“Business has only two functions – marketing and innovation”- Peter Drucker

“The U.S. led the world’s economies in the 20th Century because we led the world in innovation. Today, the competition is keener; the challenge is tougher; and that is why innovation is more important than ever.”- President Barack Obama

Source: Information Architected, Inc.

How Important is Innovation to the Success of Your Organization?

Source: Information Architected, Inc.

My Organization has a Team or Department Specifically Managing and/or Promoting Innovation

Source: Information Architected, Inc.

The Current Economic Crisis HasCaused an Increase in theImportance of Innovation in My Organization

How Long Has This Innovation Team Been in Existence?

Source: Information Architected, Inc.

Source: Information Architected, Inc.

My Organization Believes that Innovation Should be Managed as a Corporate Resource and Process

To

Biggest Impediment

Managing Innovation

Lack of awas cited as:

Systematic Innovation Process

To

2nd Biggest Impediment

Managing Innovation

Lack ofwas cited as:

Leadership

Resources

Budget

In fact

Culture & Executiondwarf

creativity, methodologies and processes as

Critical to Innovation

DefiningInnovation

82% agreeinnovation does

have to be

disrupTivEin order

significant

not

to provide

VALUE

Innovation≠

Serendipity & Discovery

It is Imperative to Deliberately Leverage Technology in Order to Maximize the Capability & Value of Innovation Management

Source: Information Architected, Inc.

56%

Agree

StronglyAgree

or

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Thank You to OurResearch Underwriters

“Hands-On” “Minds-On”

Less than one hourof PowerPoint in the workshop

Focuses on Three Primary Areas:– Individual Innovation Styles

– Culture and Innovation Team Management

– Ten Tools & Techniques

Technology & Product Independent

Innovation Workshop

JoinOver 5,000 Workshop Graduates

Submit Questions via Chat

Dan KeldsenCo-founder, Principaldk@InformationArchitected.comtwitter.com/dankeldsen617-933-9655

Carl FrappaoloCo-founder, Principalcf@InformationArchitected.comtwitter.com/carlfrappaolo617-933-9584

Innovation ManagementQ & A

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