Tuesday, April 19, 2011

Innovation Trend 2 - Organizations will create a Strategic Innovation Plan to ensure Innovation becomes a strategic imperative

If you get the environment right, a culture of innovation will easily fall into place and the business side of your operations will be that much easier. Many organizations spend time on strategic planning and business planning but rarely spend time on building their culture, the development of values and principles and the type of reporting relationships that will support the new culture.

Organizations will now start to create strategic plans that include Innovation as one of their key strategic imperatives. This is the requirement to get the innovation engine started. They will develop the actions required to successfully implement the strategic imperative and they will gain organization support through their communications of this important initiative.

Read the full article at:
http://www.bia.ca/articles/7KeyTrendsinInnovation.htm