Innovation leadership can be career limiting - success is uncertain and failure is poorly tolerated. Only 49% of innovation leaders are still in post after three years – and 87.5% of those that leave go on to provide innovation for someone else.
As cycles of competitive advantage get shorter, it is time for a closer look at the role of innovation management.
Recent research has shown that innovation management meets the ‘four tests’ of a corporate profession, which includes a body of knowledge that can be codified and taught. It is argued that professional status would encourage organisations to develop more sophisticated role descriptions, performance criteria and career pathways which will, in the long run, increase organisational innovation capability.
So, would recognition of Innovation Management as a profession – like finance, marketing or HR – create a sustainable career path? Or is true disruptive innovation leadership incompatible with current business models?
We have invited two highly respected industry leaders to give different perspectives of this conundrum followed by an open discussion:
Professional status brings recognition, reward, and high-quality innovation: Prof Magnus Karlsson, KTH Royal Institute of Technology, Stockholm, Sweden and former Director of New Business Development and Innovation in Group Function Strategy at Ericsson.
Innovation leadership is in our DNA – compulsory professionalisation would stifle inspiration: Scott May, VP of Global Innovation for Givaudan, the world’s largest manufacturer of flavours, fragrances, and active cosmetic ingredients, and Head of the innovation ecosystem MISTA.
Book now: https://www.eventbrite.co.uk/e/826842798067
