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Deepening the Thinking Around the Innovation Mandate – part two

Paul Hobcraft

Innovation Policy : An innovation policy provides guidance and direction for the innovation program, defining the types of innovation that will be pursued, how innovation projects will be prioritized, and how intellectual property will be managed. In any document, feedback and suggestions should be actively sought.

Policies 147
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Constructing the innovation mandate

Paul Hobcraft

Intellectual Property : We will establish clear policies and procedures for protecting our intellectual property and managing any potential conflicts with partners or competitors. The innovation mandate should articulate the organization’s innovation policy and how it will be implemented.

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Digital transformation examples

Board of Innovation

Difference with ‘just an e-store’ is the creation of a totally new brand without any technical support.) Sector: Chemicals Company: Dow Corning Learn more: Source Competitive pricing for bulk orders No technical support Cisco outsources all of its manufacturing to contract manufacturers.

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Leveraging New Ventures for Innovation

Integrative Innovation

The startups invited to participate in the accelerator are usually on the verge of launching revenue-generating activities, and the corporate sponsor promotes their development by granting them access to office space, technical support, high-quality mentoring, networks of other startups, and funding sources.