Innovation Governance Models
In sophisticated innovation-driven companies, it may not be easy to define in simple terms precisely who “owns” or “governs” innovation because of the multiplicity of owners and actors. In addition the number, nature and roles of these governance mechanisms usually evolve naturally over time, as management reinforces or keeps enlarging the scope of their responsibilities. Innovative companies do not change their governance models overnight at the whim of a new CEO or CTO. They work on their models to perfect them and enhance their effectiveness. Good innovation governance builds upon experience and calls for consistency over time and constant improvements.