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Innovation is a process

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Innovation is a process

Innovation can happen by chance, without a determined effort or specific methodology. But when it does, it's more like luck than strategic progress. While there is a role for serendipity in strategy – being able to take advantage of pleasant surprises -- too often, that's the only way companies approach innovation: with fingers crossed. The same organizations that diligently recruit to fill their ranks with clever and creative people often fail to put in place a process that seeks to get the best out of those people. These teams will, given the chance, create new products, new services, and new ways of getting things done. But relying on random efforts is like risking an organization's future success to a straight up roulette bet – or at the velocity of change today, maybe keno is a better analogy.

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