Innovation governance: how top management organizes and mobilizes for innovation

Cover; Title page; Copyright page; Contents; Foreword; Innovation; My Experiences in Leading Innovation; A Rigorous System of Innovation Governance Championed by Innovation Leaders; Preface: Why Should We Pay Attention to Innovation Governance?; Acknowledgments; PART I: Addressing the Innovation Governance Challenge; CHAPTER 1: What is Innovation Governance?; The Innovation Management Challenge; Defining Innovation Governance; Innovation Governance: An Organizational Form of Innovation Leadership; Innovation Governance: A Corporate Constitution on Innovation.

What Does Innovation Governance Entail in Practice?How Broadly Should We Define and Promote Innovation?; What Specific Questions Does Innovation Governance Address?; CHAPTER 2: Governing Innovation in Practice: The Role of the Board of Directors; Clarifying the Scope of the Board's Role in Innovation; Reviewing the Company's Innovation Strategy; Participating in Strategy Discussions; Communicating the Company's Innovation Thrusts to the Board; Being Aware of and Managing Innovation Risk; Auditing the Company's Innovation Effectiveness; Reviewing and Nominating the CEO and Top Management.

Auditing Management's Innovation PerformanceAppointing an Innovation-oriented CEO; Selecting and Developing the Board for an Innovation Focus; CHAPTER 3: Governing Innovation in Practice: The Role of the Top Management Team; Setting an Overall Frame for Innovation; Aligning Business and Innovation Visions; Expressing Innovation-enhancing Values; Auditing and Improving Innovation Performance; Defining How to Generate Value from Innovation; Choosing an Innovation Governance Model; Establishing Innovation Priorities and Allocating Resources.

Going Beyond Traditional Portfolio Management ApproachesAllocating Resources between Different Innovation Thrusts; Overcoming Obstacles and Building a Favorable Innovation Environment; Killer # 1: Excessive Operational Pressure; Killer # 2: Fear of Experimentation and Taking Risks; Killer # 3: Insufficient Customer and User Orientation; Killer # 4: Uncertainty on Innovation Priorities; Killer # 5: Lack of Management Patience Regarding Results; Killer # 6: Functional and Regional Silos; Killer # 7: Rigid and Over-regimented Environment; Monitoring and Evaluating Results.

In Conclusion: A Call for ActionPART II: Choosing Between Alternative Governance Models; CHAPTER 4: Why Focus on Innovation Governance Models?; Why Do Companies Need an Innovation Governance Model?; What are the Key Elements of an Innovation Governance Model?; Assigning Primary Responsibility; Defining the Scope and Level of Responsibilities; Planning the Support Mechanisms; The Governance System and an Explicit Constitution; What Models Do Companies Use?; Models Dealing with the Why, Where, and How Much Questions; Models Dealing with the How, With Whom, and Who Questions.