August 2009

Innovation is an organisational imperative. Despite the many interesting and
challenging possibilities for change, however, the realities of resource commitment -
where pursuing one avenue often closes another - mean that organisations cannot
afford to innovate at random. Instead a framework is required allowing an organisation
to map out the role it believes innovation can play in helping the organisation to
survive and grow, and in doing so provide a means by which the allocation of scarce
resources to a portfolio of innovation projects may be assessed.

Written by John Bessant, Kathrin Möslein, Anne-Katrin Neyer, Frank Piller, Bettina von Stamm.