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Innovation System

 

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Building an Innovative Company

The Innovation System model described by Christopher Meyer, the author of Relentless Growth, synthesizes and defines the core elements of innovation management, their behavior and synergistic interaction. The power of this good model makes it easier to understand complex issues and dynamics of innovation, separate its elements and examine them is greater depth.

 

 

 

The Innovation System model establishes a framework that helps you to demystify the innovation process and its driving forces, to reveal the unique innovation practices of market champions and understand what makes them so successful and unique.

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The Six Core Elements of the Innovation System

Leadership & Management
– provides inspiration, makes key choices, and organizes the development process.

Strategic Alignment
– links innovation strategy with corporate vision, goals, strategy, and objectives.

Innovation Process
– defines who does what, when it should occur, and how to do it.

Organization & People
– channel resources, define norms, provide infrastructure, drive innovation.

Metrics
– provide the guidance and control system for innovation.

Corporate Culture
– determines how the above elements behave and interact with each other.

 

 

1000ventures

 

Corporate Innovation System

 

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