Save or Share this Report

For CIO Professionals

Innovation Requires The Right Processes To Flourish

February 12, 2015

Primary author headshot

Authors

Why Read This Report

Rapidly changing buyer behavior and persistent market volatility heavily disrupt every market. Companies of all sizes need to innovate their products, their internal processes, their go-to-market strategies, and how they organize and share information internally. But current systems and processes are not designed to meet the new challenges. Innovation is synonymous with risk, and most firms tend to be risk-averse. The mismatch between innovation's goals and standard governance processes is a roadblock for innovation — especially when it comes to technology-enabled innovation. As organizations shift from optimizing the old to exploring and exploiting the new, they need to customize their funding models and processes to help the business innovate — quickly and safely. This report helps CIOs design and implement an innovation governance framework that promotes innovation while managing risks to acceptable levels. This report replaces an earlier version and has been extensively rewritten based on new research.

Get Access

Already a Client?

Log in to read this document.

Become a Forrester Client

Customers are the new market-makers, reshaping industries and changing how businesses compete and win. Success depends on how well and how fast you respond. Forrester Research gives you insights and frameworks aligned to your role to shorten the time between a great idea and a great outcome, helping your teams win in the age of the customer. Contact us to learn more.

Purchase Report

This report is available for individual purchase ($499 USD).

Purchase

Table of Contents

  • Sustained Innovation Isn't Just Good Ideas — It's A Repeatable Process
  • The Right Processes Will Grease Innovation's Wheels
  • WHAT IT MEANS

  • Learn Fast, And Learn Cheap
  • Supplemental Material
  • Related Research Documents

Recommended Research