Innovation is often sought and is in high demand today. At the same time it is often misunderstood and lacks committed sponsorship. Today, most teams at the top need an innovation capability in a manner that works in tandem with their performance/operations management. Packed with actionable ideas, references, links, and resources,Innovation Engine meets that need.

Showing readers how to create a business case for innovation and a supporting innovation linked to business vision and goals,Innovation Engine clearly reveals how to reduce time-to-market, while expanding the "idea landscape" and building a pipeline of corporate innovators.

JATIN DESAI has been active in leadership and operating roles since 1983 when he cofounded The DeSai Group. The DeSai Group provides innovation execution and management services to Fortune 1000 and Global 2000 companies in the United States, Europe, and India.

Preface xiii

Acknowledgments xv

Introduction 1

The New Duality: Performance Engine and Innovation Engine 1

Foresight 2

Getting Started 3

Barriers and Risk 4

The Game of Innovation 4

Innovation Scorecard 4

Driving Innovation 5

Notes 7

Part ILink Innovation to Business Strategy 9

Chapter 1Develop a Clear Innovation Intent 11

The Vision 11

The Seismic Shift 14

Mechanical Engine versus Innovation Engine 15

Strategic Alignment for Innovation 18

Why Innovation? 20

Innovation Execution: Embedding Innovation 31

Conclusion 33

Notes 34

Chapter 2Assess Innovation Readiness 37

Reasons Why Executives Want Innovation 38

Innovation Readiness 42

Factors of the Innovation System and Culture 44

Leading Innovation 47

Notes 54

Chapter 3Creating an Innovation Strategy 57

Innovation Strategy 57

Innovation Management 66

Defining Innovation 68

Defining Innovation Objectives and an Innovation Goal 69

Notes 71

Part IIDevelop an Innovation Playbook 73

Chapter 4Creating a Roadmap 75

Innovation Playbook 75

Notes 91

Chapter 5Building Momentum 93

Momentum 93

Momentum Framework 95

Conclusion 109

Note 109

Part IIIPlaying the Game 111

Chapter 6Structuring for Innovation 113

Components of Organizational Structure 114

Types of Organizational Structures 116

Planning Your Innovation Structure 120

Four Major Types of Innovation Structures 121

Core Innovation Team Structure 128

Conclusion 130

Note 131

Chapter 7Innovation Management Process 133

Finding and Generating Ideas 134

Managing the Innovation Funnel 142

Implementing or Commercializing Ideas 154

Innovation Scorecard 158

Conclusion 158

Notes 159

Chapter 8Building Intrapreneurs 161

Intrapreneurship and Intrapreneurs 162

Entrepreneurs and Intrapreneurs 166

Conclusion 185

Notes 189

Chapter 9Sourcing Radical Ideas 191

The Path: How Ideas Travel 192

Case Study: Energy Market 194

Five Power Skills to Source Uncontested Ideas 197

Conclusion 210

Notes 210

Chapter 10TheOneSecret about Innovation 213

Story of Silicon Valley 214

TheOneThing 218

Playful Independence 218

Final Thoughts 224

Notes 227

About the Author 229

Index 231