Galvanizing, Enabling, and Measuring Innovation
Monday, July 23, 2018
2CREDITSBusiness Management and Organization
Finance is charged with aligning the organization's strategic and financial goals. This session discusses innovation and what you as a leader need to do to galvanize, enable and measure for innovation value your organization. We will discuss multiple "channels" for innovation and their ability to drive business value.
Innovation attempts can be "flavor of the month" programs unless they are tied to existing business strategies and processes, such as the capital budgeting process.
*Learn how to make real innovation that is aligned with your company's strategic goals occur in your organization
*What is “important” innovation? When evaluating innovation ideas, do you ask:
*Does the new idea support our overall value proposition?
*Will this idea survive the resource gauntlet and get funding and executive buy-in?
*Can we execute this idea?
*What types of questions should you ask about new ideas?