CEOs need to spend 20-40% of their time on innovation. Otherwise, they'll unlikely make innovation repeatedly happen inside their organizations, according to Rita McGrath (Author and Professor at Columbia Business School.)
So what should CEOs be doing during this time?
While they don't need to be the ones picking ideas, they do need to be creating an environment where great ideas emerge and are implemented. We'll explore this role in this video with Alex and Strategyzer Partner Tendayi Viki, author of Pirates in the Navy and hosted by Nick Himo, innovation coach.
We introduce the top three things CEOs should be spending time on to drive innovation in their organizations.
1. Treat innovation as a profession
2. Put the right org design in place to foster a culture of innovation
3. Lead portfolio management
You'll also gain insights into CEOs' common challenges regarding innovation and learn best practices for overcoming them.
As usual, we'll have fun sorting innovation practices into "hot or not" categories and reviewing examples of companies getting innovation right.
Expect this to be a fast-paced and packed full of useful insights.
If you're a business leader, corporate innovator, or innovation coach, don't miss this opportunity to learn from Strategyzer's experts and take your organization's innovation to the next level.
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