Innovation is important.  The problem is it isn’t very effective. At a recent event, my colleague, Ralph Morales III, polled the audience on the importance and effectiveness of innovation, and a paradox emerged:  innovation is important but ineffective.  On the importance side, 15% of the respondents reported their Long-Range Plan relied “Entirely” on innovation for

By David Matheson, SmartOrg The game has changed. Among the many things disrupted by the Covid-19 pandemic is your organization’s long-range plan. Those carefully negotiated assumptions that informed your projections of growth and guided your innovation and R&D budgets have been exposed as the comforting fictions we always knew they were. Fundamentally, the future is

Following up on SmartOrg’s survey on the impact of Covid-19 on Innovation, I facilitated a series of small group discussions on how Covid-19 is disrupting innovation and what can be done about it. While it is an admittedly small and somewhat haphazard sample, it represents the perspective of innovation leaders from industries ranging from food to

By David Matheson, SmartOrg We recently helped a major chemical company conduct its portfolio review for 128 growth projects. Using SmartOrg’s Portfolio Navigator web-based evaluation platform, they systematically looked at the uncertainties in their business cases. Many project leaders saw tremendous upside and developed ways to pursue it. But when I systematically looked across the