Organising for breakthrough innovation: Rejuvenating the established firm
When attempting breakthrough innovation, the established firm is its own worst enemy. Numerous barriers within a firm inhibit employees and their attempts at innovation.
These include organisational inertia, cultural resistance, an aversion to risk, insufficient or inappropriate incentives and an overcommittment to existing customers.
Yet despite these barriers, IfM research has shown that there are ways that established firm can organise for breakthrough innovation.
This report provides companies with guidelines on how to improve their approach to the generation of radically different technologies. The authors describe the obstacles facing firms and their employees when attempting to make significant innovative breakthroughs. It also includes industrial cases from ARM, Philips, bt, Qualcomm and BAE Systems.
Open Innovation in Food/FMCG
You may be interested in our Open Innovation Forum. The Forum is a group of companies that share best practices and explore hot topics and opportunities along the Food, Drink and FMCG value streams.