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Key R&D Theme

Innovation Leadership

Although inherently risky, innovation management has an underlying body of knowledge and tools and approaches that can be widely applied.

Related R&D themes

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Managing international R&D

Managing international R&D

Managing the R&D pipeline

Managing the R&D pipeline

What makes an innovation leader?

It has been said that becoming a leader in Innovation Management is an exercise in controlled schizophrenia. In his paper Jan Buijs observes that innovating is a multi-faceted process and these key elements are conflicting.

Innovation leadership

  1. Driving radical innovation that can disrupt current markets –  there is tension between incremental improvement of existing products and the introduction of new technologies.
  2. Motivating the innovation team while preparing for failure – how can commitment be maintained when projects are high risk?
  3. Predicting outcomes when the creative process has an ill defined end-point.
  4. Charismatic leadership is required, although poor project outcomes can be career limiting.

These four aspects work in parallel during the innovation process,  but all four aspects need to be dealt with in different ways. Nearly all of them are, in one way or another, in conflict with another.

They may conflict in real actions, in time horizons (past, present or future) or in effect (positive reactions during market introduction do not guarantee ultimate market success). This means that innovation leaders need to show a special kind of leadership.

Innovation leadership must be balanced, people-focused and must include a high tolerance for ambiguity and paradoxes. They have to be nice and nasty at the same time.

In short: innovation leaders should be some kind of controlled schizophrenics.

Read the paper: Innovation Leaders Should be Controlled Schizophrenics Jan Buijs, 16 May 2007 https://doi.org/10.1111/j.1467-8691.2007.00431.x

Current status of Innovation Leadership

Although Innovation Management meets many of the ‘tests’ of a profession it is still not widely recognised as such. We have captured some of the current discussion and the work that is being done to answer some key questions.

Individual perspective

Is “innovation management” a profession in its own right? What are the key jobs and titles?

What kind of skills are required for innovation leadership?

What kind of “career opportunities” or “career penalties” do innovation management professionals encounter?

Organisational perspective

Where do “innovation” and “innovation management” reside in an organization? Does there need to be someone who conducts it in particular? Isn’t it also distributed and for everyone?

How to make innovation more strategic and not periodical/ad hoc/random? What are the ideal organizational structures and arrangements?

Can innovation ever be really “controlled” or “anticipated”, and if so, is there a risk of paralysis and rigidity in the organization?

How can the ability for surprising bottom-up and entrepreneurial innovations to be retained while bringing in more structure, process, and professionalism?

Institution and academic perspective

What kinds of standards, certificates, and other formal acknowledgments there are for innovation management and innovation management professionals?

Are professionalism, certificates, and standards useful for IM? For instance, do they help in gaining legitimacy towards internal or external stakeholders?

Do you think it is useful or even possible to fully standardize something as elusive, heterogeneous, and intangible as IM? Are there even downsides to that?

The ethics of innovation management and innovators – can we help improve these aspects with professionalism?

Looking to the future?

What is the future of IM profession in companies and the field at large academically?

Contributors

Magnus Karlsson

Magnus Karlsson

KTH Royal Institute of Technology, Stockholm, Sweden
Gina O'Connor

Gina O’Connor

Professor of Innovation Management, Babson College
Peter Robbins, Dublin City University

Peter Robbins

Assistant Professor at DCU Business School
Paavo Ritala

Paavo Ritala

Paavo is Professor of Strategy & Innovation at School of Business and Management, LUT University, Finland.

Conference tracks

Innovation leadership

R&D publications

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Fig 3 The Permeable Funnel

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eight principles of Innovation Management

Eight principles of Innovation Management

Magnus Karlsson

The innovation disconnect

Innovation Management System ISO 56002:2019

Job description

Innovation Manager job description

Peter and Gina

Is innovation management a profession? And should it be?

Book of Knowledge

How well do you know the Innovation Managers’ Body of Knowledge?

The Innovator’s Dilemma – do you improve on where you have gone before or take a risk on the future

The Innovator’s Dilemma: When New Technologies Cause Great Firms to Fail

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Innovation management within a highly regulated environment

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