Avoid ad-hoc approaches to rapid-cycle innovation
49% of leading organizations have an innovation point-person – such as a business improvement manager – to be the champion of innovation for their organization. This person job is not simply to spearhead all transformation efforts on their own, but to act as a communication liaison between executives and people in the business, and most importantly, to act as a talent magnet. Their role isn’t to implement innovation, but to build innovators by identifying people throughout the company who show potential and empowering them with the relevant tools and training. This overcomes the common hurdle that many organizations face where there is only one person responsible for the project, which sets the company back if this person were to leave or change roles.