news and press hero
News & Press


10 insights into the challenges of corporate innovation

By Scott Kirsner

Corporate innovation executives from companies like Covidien, Chubb Group, and the Mayo Clinic got together earlier this week at the Harvard Club. The occasion was the 2013 Innovation Leaders Forum, organized by Imaginatik, a British software and consulting firm that has its main U.S. office in Boston.

The overarching theme: promoting new ideas inside a large, established organization can be pretty darn hard. Resources are often scarce. Business unit leaders can be hostile. Top executives may want to talk about innovation during earnings calls, but often don’t make enough of a commitment to actually rolling out the best ideas. And innovation leaders constantly worry that if they can’t move the needle on revenues or costs, they may find themselves looking for their next job.

Amidst that anxiety, there were some interesting insights about how large companies approach innovation. Here are ten comments that stood out. …

April 25, 2013

Read the full article here.

Comments are closed.