Succeeding At Innovation Requires A Clear Strategic Plan

As a CIO, you know that you must help drive innovation at your organization. If you don't, you risk becoming marginalized as the provider of a utility service, rather than being the enabler of business change and new business value. Even worse, you're putting your entire firm at risk as nimbler companies deliver new and better products and services to align with client needs in the age of the customer. To get out of your business rut, you need to drive innovation through the organization. But first, you'll need a plan. We've seen what works and what takes to make sure that it works. This report outlines the four C's of successful innovation strategic plans: commitment, culture, cash, and capabilities.