The “obvious” value of innovation is easy to see and communicate. The unique products, business models, customer services and other “tangible” innovations are usually enough to justify the existance of an Innovation program. But what about justifying an Innovation program when you don’t have an existing track record? When times are hard, budgets tight and groups are fighting for survival, fledgling Innovation teams and programs may be an easy target for “right sizing”.

So if your Innovation team isn’t delivering the next iPod, “name your own price auto insurance” or Nintendo Wii, what value are you providing? To answer this question, we need to take a step back and  look at a typical corporate culture. Read the rest of this entry »

Our special guest columnist today is C. Mudgeon III, CEO of Dumbleton & Dorfly. C. Mudgeon is an Alumnus of the Machiavelli School of Business at Screw U.

I think that we can all agree that Innovation is a tremendous waste of time. The money that we all waste on these initiatives could be much better spent on cappuccino service for the executive boardroom or cashmere toilet paper for the restrooms on the top floor. These upstart “Innovators” challenge our assumptions, threaten the status quo and upset the delicate political stagnation that we’ve worked so hard to cultivate over the decades.

So how do we shut these programs down without being tagged as an “Enemy of Innovation” (like that’s a bad thing?)

It’s actually not that difficult. I have a few sure-fire suggestions for undermining your innovation programs, destroying that pesky enthusiasm and still making it look like you’re supporting the program. Read the rest of this entry »