I was reading Fast Company or Business 2.0 recently and came across this statement from an "expert" who went on to explain that innovation can't be put into a process or managed like a business process. If we assume that this statement is true, then innovation is difficult, costly and episodic at best, done mostly by wild-haired people in lab coats somewhere out of sight and out of mind. But, just for fun, let's break down the arguments and see if we can determine if this statement is true, or if it might be an overreach. Some will argue that you "can't manage innovation" because you'll limit creativity. Well, all innovation starts with some creative thought, no doubt. I don't advocate placing hard limits on creative thought, but at some point a good idea or creative thought needs to be converted into something we can do or use. Otherwise it is simply daydreaming. We need to distinguish between formalizing a process that manages an idea once it is created and placing limits on what or how people think - or how they create new ideas. Others will argue that you "can't manage innovation" because it really does not lend itself to process management the way a more transactional process (like purchasing for instance) does. While I will agree that there are nuances between a purely transactional process and what happens in innovation, at some point we can decide that an idea is valuable and should be managed and evaluated. If we have ideas but don't have some avenues for consideration, some rules or metrics for evaluation, and some defined process, then each idea will be considered, managed and evaluated based on whatever criteria are at hand. Most businesses shudder to think of inconsistency in any process - why should innovation be different? Others will argue that managing innovation is futile or difficult because innovation is not a "hard" science or process. It's almost like Brownian motion - if we ...
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Corante Innovation Hub
The Corante Innovation Hub is your starting point for keeping abreast of the best writing and thinking on innovation across the blogosphere and beyond. Here you'll find the field's most insightful observers and commentators tracking and reporting on its latest developments as well as weighing in on its future. For a full description of the Innovation Hub and the Corante Network in general, visit this page.
Click here for a full list of the Innovation Hub contributors. Your editors are Renee Hopkins Callahan and Paul Williams, about whom more here. We encourage you to provide ideas and suggestions as we work to make this hub and the extended network ever more useful - email us at hubfeedback@gmail.com.