HARNESSINGINNOVATION

W H I T E P A P E R

FOR BUSINESS ADVANTAGE

Contents

Abstract RG’s methodology can help organizations leverage

innovation to improve organizational performance, create competitive separation, and deliver new and

improved products and services.

• Understanding. Lack of a clear definitionof innovation and why it’s beneficial forthe organization and to innovators.

• Access. Provision of effective channelsfor ideas to be identified and evaluatedfrom across the organization.

• Culture. Organizational and social biaseswhich can undermine a culture ofinnovation.

• Dilution. Poor recognition of the impactand value of innovations.

• Impatience. Unrealistic expectationsabout the speed and ease of successfullymaturing ideas.

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• Pod. The container for an initial idea, and theevolving concept and plan for implementation.

• Innovator. The originator of an idea or insight,who then initiates the Pod.

• Navigator. A mentor assigned to guide anInnovator through the lifecycle.

• Lab Supervisor. Administrator of theinnovation portal and process.

• Dashboard. Online portal that providesconsolidated reporting, status, and documentmanagement.

• Innovation Board. Oversees the innovationportfolio and decides which Pods graduatefrom each phase.