**  Random Quote for the Week of May 14th, 2007:

"If growing up is the process of creating ideas and dreams about what life should be, then maturity is letting go again" - Mary Beth Danielson

**  Innovation Maturity Model Series "Conceptlet":

IM2 Level 6 - Continuous Innovation

I am not going to comment on each individual attribute for this blog entry.  At this level of innovation maturity, the organization is fully leveraging the pool of human resources, the mental energy of individuals, the power of group collaboration and the tools, techniques and processes that harness and implement business changing ideas.

THIS IS YOUR IDEAL TARGET LEVEL...WORK YOUR WAY UP THE MODEL SLOWLY.  REMEMBER THAT EACH GREAT JOURNEY STARTS WITH THE VERY FIRST STEP!!!

Culture:   Culture encourages risk-taking, collaborative innovation efforts and dedicated idea time

Leadership:   Leadership is actively engaged in innovation portfolio management, culture maintenance and validating innovation / corporate strategy alignment

People:   People are encouraged to use work time to generate and prototype new ideas

Processes:   Funding sources and management oversight separated from corporate entity

Tools & Techniques:   Full spectrum of idea generation, creative problem solving and innovation techniques are analyzed to match the problem to be solved with the most effective technique

Training:   Creative problem solving, idea generation and innovation training provided to customers, vendors and all other outside idea sources

Facilities:    Innovation "Center of Excellence" Established

Idea Capture:   Idea database or storage is included in an overall idea/innovation management software tool

Idea Management:   Idea Management software tools are deployed to track and monitor idea status through the process

Strategic Planning:   Corporate strategic planning includes future farming, horizon scanning, innovation portfolio management and innovation-related performance metrics for senior leadership

Metrics:  

• Percentage of overall revenue derived from new products and/or services
•  Change in company market value or market share from new innovation
•  Frequency that business model is re-evaluated

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If you would like to see the entire Innovation Maturity Model (IM2), please click HERE.

HAVE A GREAT WEEK!!!