Innovation Departments? Absolutely!

Amazing, Business week online posted a note about Rita McGrath’s latest statements regarding companies’ needs to structure innovation groups. Finally, perhaps, the world of large
established businesses will begin to get the message. It’s time. Innovation must become a function in companies. Departments, job titles, career paths, appropriate metrics, processes that are tuned to the world of high uncertainty.

Reporting to someone at the Corporate level who is responsible for the future health of the company. It’s not expensive. And it’s not impossible. It’s the next wave of management discipline.
Of course, read Grabbing Lightning for the post –Defining Innovation-How to start the conversation.