Most executives will freely admit that their innovation engine doesn’t hum the way they would like it to. But turning sundry innovation efforts into a function that operates consistently and at scale can feel like a monumental task.

It doesn’t have to be. Innosight’s “minimum viable innovation system” is an alternative to random acts of innovation, creating an agile, reliable, strategically focused innovation function. A minimum viable innovation system will ensure that good ideas are encouraged, identified, shared, reviewed, prioritized, resourced, developed, rewarded, and celebrated.

It doesn’t involve fundamental changes to the way the organization runs, or a significant reallocation of resources. What it will require is senior management attention—most critically from some member of the top leadership team. And as early success builds confidence in your innovation capabilities, it will set the stage for further progress.

See why minimum viable innovation system made Gartner’s Hype Cycle for Innovation Systems 2024 report.

 

Download the Harvard Business Review article.

 


Scott Anthony on the Minimum Viable Innovation System

Your organization can harness the essentials of a robust innovation system by adapting an idea from the lean start-up movement, says Innosight’s managing partner.

 

The Four Phases of the 90-day Innovation System

How your organization can build an innovation capability by following a simple but systematic approach that progresses over four stages.