What does a Chief Innovation Officer do?

Bytesize Innovation
Do I need a Chief Innovation Officer and if so, What Does a Chief Innovation Officer Do?
A McKinsey Study, found that over 70% of senior executives, believe that innovation is one of the top three drivers of growth, yet 65% of those senior executives have low confidence in this area.
That means only 5% of those senior executives have confidence in driving growth through innovation.
This study showcases an incredible opportunity, one where business growth is directly linked to the capability of executives in understanding how to strategically deploy innovation within the business.
This is where the Chief Innovation Officer Comes in
The Chief Innovation Officers Role is to
• Establish and drive the structures, processes, procedures, roles, etc. required to
transform the organization into a productive “engine of innovation”.
• Oversee the Innovation Management System… a dragnet to capture new ideas, a funnel to evaluate them, and a pipeline to mature them
• Nurture and protect any homeless ideas that, that just may become the foundation for the
future of the business.
If you want to find out more about becoming a GInI Certified Chief Innovation Officer or, if you are an organisation who wishes to understand how a Chief Innovation Officer brings value to your organisatioin
come see me and the team at the APAC Innovation Institute. www.apacii.com a proud authorised training provider of GInI the Global Innovation Institute.