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Innovation in Turbulent Times
Innovation is a messy process - hard to measure and hard to manage. What is required to harness creativity and apply it to the needs of a business? Creative people can't do it alone: They're likely to fall in love with an idea and never know when to quit. But conventional business people c...
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Published in: | Harvard business review 2009-06, Vol.87 (6), p.79 |
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Main Authors: | , , |
Format: | Magazinearticle |
Language: | English |
Subjects: | |
Online Access: | Get full text |
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Summary: | Innovation is a messy process - hard to measure and hard to manage. What is required to harness creativity and apply it to the needs of a business? Creative people can't do it alone: They're likely to fall in love with an idea and never know when to quit. But conventional business people can't do it alone either; they rarely even know where to start. So innovation requires teamwork. Fashion companies have learned to establish and maintain effective partnerships between creative people and numbers-oriented people. These companies: 1. Build effective partnerships with people. 2. Define a partnership-friendly structure. 3. Establish roles and decision rights. 4. Foster talent and nurture collaboration. |
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ISSN: | 0017-8012 |