How to Tell If a Company Is Good at Innovating or Just Good at PR Harvard Business Review
rigorous innovators direct innovation strategically, with innovation efforts integrated into strategic planning and resource allocation systems. They pursue innovation rigorously, with a disciplined process and supporting tools to help spot, shape, and seize opportunities to innovate. They resource innovation intensively, dedicating top talent to pursuing ideas rather than hoping that miracles will happen in free-thinking Fridays, special-purpose Sundays, or other constrained efforts. They monitor innovation methodically, making sure that the most-promising ideas are identified and accelerated, and the least-promising ideas are shut down before they turn into capacity-draining zombies. Finally, they nurture it carefully, recognizing that organizations are wired to operate today’s business more efficiently, not to experiment and discover tomorrow’s business.