Developing Innovative Organizations

BENOÎT GAILLY Professor in Innovation Management and Strategy at the Centre of Research in Entrepreneurial Change and Innovative Strategies (CRECIS) of the Louvain School of Management. He holds a Master in Engineering, a PhD in Applied Mathematics, a Master in Technology Studies and a Master in Business Administration. His main research themes are innovation capabilities and innovation support systems, both from a policy and business point of view. At the Université Catholique de Louvain he held the Puilaetco Chair in Management and Financing of Technology innovation and was the President of the Technology Transfer Board. Benoit Gailly is also the co-director of University Executive Education Programme in Innovation Management. Before working at UCL he was a consultant and manager at McKinsey & Company. During the last 15 years Benoit Gailly has been working as board member, adviser, facilitator or expert regarding the development of innovation management capabilities for start-ups, international corporations and policy makers. He was also board member of the Belgian Federal Investment Fund, the Brussels Regional Investment Fund and of the Technology Support Board of the Walloon Region. His clients include international corporations in the glass, chemical, financial petrochemical, ICT, pharmaceutical, raw material and electronics sectors and the European Commission as well as numerous high-tech start-ups and academic spinoffs.

• Acknowledgement About The Authors Table Of Contents List Of Figures Introduction Structure Your Innovation Roadmap Part I: Understanding The Innovation Challenge Understanding Innovation Why Worry? The Case For Innovation Part II: Developing Innovation Capabilities Innovation Strategy: How And How Much To Innovate Nurturing Entrepreneurial Resources Sourcing: Finding The Gold Nuggets Assessing Innovations: Show Me The Money Stairways To Heaven: Managing The Innovation Pipeline Conclusion

'Developing Innovative Organizations is an original book which uses a systematic approach to understand what innovation means from a business point of view, why it matters, and what successful organizations can do about it. Largely based on the rich experience of the author both as a consultant and as an academic, this book offers powerful frameworks and tools and concrete examples from a wide range of industries.' - Professor Alain Fayolle, Director of the Entrepreneurship Research Centre, EM Lyon Business School, France'For years Professor Gailly has played the role of "innovation coach" not only for his masters and executive students but also for many active Innovation Leaders such as myself. Those who don't have the chance to work directly with him now have the opportunity to find in this book very efficient and practical help for their daily innovation challenges.' - Marc Van Den Neste, Vice-President & CTO, AGC Glass Europe'Innovation is not a goal per se. The aim of Innovation is to support a strategy and help a company to reach its objectives, be it in terms of new customer needs, shareholders return or market share. This book provides excellent insights regarding how to make innovation management a process of the whole organization and how to better turn opportunities into successful innovations.' - Pierre Tossut, Group R&D Director, Puratos'Based both on state-of-the-art research and extensive frontline experience, this book combines scientific rigor and managerial relevance to provide current and future managers with a systematic and pragmatic approach to tackle the challenges of innovation management.' - Eric Cornuel, Director General & CEO, European Foundation for Management Development'This book provides a complete and comprehensive overview of the "Innovation Journey' that companies need to embark on to challenge and grow their business. It has really helped me, in my current role, to revisit the critical success factors of innovation management. The book explains key concepts in a practical, straightforward way and enables readers to grasp the important notions quickly but thoroughly a 'must have' reference book to develop or strengthen the innovative capabilities of any type of organization.' - Brigitte Laurent Group innovation Champion, Solvay