Out of hundreds…. Innovative ideas emerge in a corporation in many ways. They can be identified through Innovation Challenges. Sometimes they are generated during innovation workshops. And sometimes they just appear ad hoc. Many of those ideas look exciting. But as Innovation Leader, you do have limited time and resources, so you must make choices. How to choose the ones you should focus on? This is how I selected innovations I wanted to support: evaluating each idea on 3 criteria: Problem focused. Does the innovation address the priority problems the corporation had identified? Innovativeness . Is the idea really innovative, i.e. has it never been done before? Value generation. Does…

Managing a portfolio of innovations Innovation Leaders have to manage multiple innovative initiatives across the corporation. How can a framework be put in place without overcomplicating the process? A case study: I decided to keep this framework as simple as possible and to organize innovations in 3 groups (and one additional group for those successful innovations that were being scaled to multiple countries or brands). The 3 groups were: Focused Ideation Criteria: an new idea that provided a potential solution for a priority business/customer problem End result: a “one-pager“, a short overview of the problem to be solved, the innovative solution and the potential value that would be created Example: the addition of a…