Is your organization ready to innovate?

To assess if your organization, your company is able to innovate at scale, you only need to look at three leadership support, organizational design and your innovation practice. And there are three simple metrics to look at. First one, how much time does your CEO spend on innovation? If it's not 20 to 40% of his or her time every week, you won't get innovation. Second one is where innovation lives in the org chart. If it doesn't live at the very top, growth and innovation. And that's not R and D or the cto. No, a full time job growth and innovation that reports to the CEO that doesn't exist, you won't get innovation. And the third one is innovation practice, which means your ability to constantly explore new ideas, make small investments, let teams start testing ideas, but then rapidly kill those ideas that don't produce evidence. So you can constantly reallocate capital in those ideas that are really working. So that's how you let winners emerge. By killing the projects that are losing, that are not showing evidence and making it safe to fail. So if you're not good at killing ideas, you won't get innovation. So three things. How much time does your CEO spend on innovation? Where does innovation live? And growth and innovation live in your org chart. And third, how good are you at successfully retiring or killing projects that are not producing evidence? Look at those three and you'll immediately see if your company is able to innovate at scale.