Innovation killer # 6: Hand over the good ideas to the Legal and Accounting departments.
Ideas are fragile, easily broken or squashed. On the surface, giving the care of those ideas to Legal or Accounting may make sense, since one of the greatest issues with inventions are legal ones. And there are financial considerations as well.
But those with the most influence over the idea process must be the innovation champions, and that emphasis must come from the top, says Koulopoulos. CIO magazine's own research bears this out. At 61 percent, the highest-scoring critical ingredient of an innovative culture was innovation-focused leadership, according to CIO's survey of 2007 CIO 100 winners. (Winners are chosen for innovations in IT that have transformed the company.)
Innovation tip: Create support and ownership for innovation at management's uppermost tiers.
Next: What risks are acceptable?
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