How Do You Fund Innovation for Mobile and Digital Transformation?
Last month while in Sydney, Australia I participated in an interesting session taught by my colleague Ajoy Mallik on how to organize a continuous innovation program in-house. Our client had asked us to help them develop this program. It was while participating in this workshop that I recognized the value. Fast forward to today and I am in Denmark experiencing late summer rain and working with a large CPG company and sharing our latest research on Code Halos, enterprise mobility, SMAC strategies and digital transformation. During the workshop one of the attendees asked the question, "How do you motivate executives to fund innovation?" It was a great question! That is a challenge for most companies. Someone needs to pay for it! The first question might be, "Can't we just replicate innovation when we find it?" My answer is that your frontline employees are in the best position to recognize where innovation is needed and how it could most benefit your com