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Breakthrough Innovation 1: Building Organizational Capability

Part 1 of a 2-part Innovation Guru Mini-Series

Location: Your office

Date: Wednesday, May 19, 2010

Time: 1:00pm - 2:30pm ET

Overview

In this exclusive 90-minute session, innovation expert Gina Colarelli O'Connor will discuss how to build organizational capability for breakthrough innovation. To be sustainable, innovation must be recognized and managed as a business function. It is not just a process, nor is it a cultural element of an organization, the responsibility of a strong senior leader or an impassioned champion, but rather requires a management system of its own. This includes an identified group, a clear mandate, appropriate skills and talent development, appropriate processes and tools for the high uncertainty world of breakthrough innovation, governance mechanisms, resourcing, …all of the elements of a conventional management system.   Professor O’Connor and her team at RPI’s Lally School of Management have studied the emergence of innovation as a management discipline in many large established companies.

This talk will identify the fundamentals associated with a sustainable capability for breakthrough innovation.

  • The three basic competencies that are necessary for any management system for breakthrough innovation: Discovery, Incubation, and Acceleration.
  • How the metrics, processes, skills, resource requirements and leadership differ for each.
  • Challenges and exemplary practices identified in the companies studied by the RPI team
  • Red flags you may encounter along the journey -- and how to circumvent them.

You will have the chance to ask about your specific organizational needs.  Overall you will come away with a framework to build competencies and infrastructure to achieve true breakthrough innovation.

Key takeaways:

  • Access to slides used during the session via webinar technology
  • Your questions answered live during the session with follow up questions by email
  • Summary set of slides available to participants after the session
  • FREE copy of Grabbing Lightning: Building a Capability for Breakthrough Innovation (voted best book of 2008 in Innovation, Strategy and Business)

Session Leaders

Dr. Gina Colarelli O'Connor is associate professor in the Lally School of Management and Technology at Rensselaer Polytechnic Institute where she has taught and conducted research for more than 15 years. She has served as the Director of the Lally School’s MBA/MS programs, Associate Director of the Severino Center for Technology Entrepreneurship, and is currently the Academic Director of the Executive MBA program. Doctor O’Connor is also the Director of the Radical Innovation Research Program, ongoing at the Lally School since 1995. In that role, she recently lead a team of ten researchers across three universities in the program’s second phase, a longitudinal research study designed to understand and improve large, established companies' implementation of radical innovation capabilities. She is responsible for recruiting twenty one Fortune 1000 companies to participate in this three-year effort, which is now complete and has culminated in the publication of a book, titled Grabbing Lightning: Building a Capability for Breakthrough Innovation.

Before joining RPI in 1988, Dr. O'Connor earned her Ph.D. at New York University. Prior to that time, she spent several years with McDonnell Douglas Corporation and at Monsanto Chemical Corporation's Department of Social Responsibility.

Professor O'Connor's teaching and research interests lie at the intersection of corporate entrepreneurship and Radical Innovation, Marketing, and Commercialization of Advanced Technology. The majority of her research efforts focus on how firms link advanced technology development to market opportunities. She has published more than 30 articles and is co-author of the book Radical Innovation, How Mature Firms Can Outsmart Upstarts.

What you will learn

 This session will identify the fundamentals associated with a sustainable capability for breakthrough innovation. 

  • The three basic competencies that are necessary for any management system for Breakthrough Innovation: Discovery, Incubation, and Acceleration.
  • How the metrics, processes, skills, resource requirements and leadership differ for each.
  • Challenges and exemplary practices identified in the companies studied by the RPI team
  • Red flags you may encounter along the journey -- and how to circumvent them.

How to access this session

To purchase access by phone:

Call 1-800-338-2223 or 781-891-8080 (9:00am - 5:30pm EST)

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  1. Special Report on Open Innovation Practices

    Publication | Posted: 2008-08-01