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Earlier this month, Innovation Enterprise held a Chief Innovation Officer Summit in New York City. The Summit brings together innovation leaders from a range of industries to “incite discovery, inspire change & facilitate a cross-pollination of ideas”.
Panelists from some of the most innovative companies such as Pfizer, Disney, Sony, and NASA discussed innovation best practices, innovation metrics, and breakthrough strategies.
One topic discussed at the summit was The Premature Extinction of the Chief #Innovation Officer. The chief Innovation officer or CINO is the person who is primarily responsible for managing the process of innovation.
Innovation executives are often the facilitator of change, and the leaders responsible for the development of corporate innovation culture.
Although I am a firm believer that the CEO must take the role of Chief Innovation Officer, in large corporations, it pays to have a CINO that works and drives innovation on a daily basis. Due to the fact that innovation is not always immediately tangible, it is important to continually re-evaluate the role and adapt to change in order to stay relevant.