Three key principles for innovation management

In my work with organisations, large and small, with solutions simple and complex, I’ve found it immensely useful to distinguish between managing and doing innovation. The former is about taking an idea and developing it into a product, service, or venture. The latter is about doing the former throughout the organisation, and at an impressive scale.

There is an impressive amount of frameworks and approaches for doing innovation: Design Thinking, Outcome Driven Innovation, Lean Startup, Theory of Inventive Problem Solving (TRIZ), Lean Product and Process Development, Customer Development, Design Sprint—just to mention a few. But there are very few frameworks for managing innovation.

I would like to share with you an article where I write more about best practices for managing innovation at scale. In it I share three key principles to focus on: (i) one target, many tactics, (ii) many ideas, one portfolio, and (iii) one system, few roles. You can access the article here.