The task may seem daunting at first, but it’s possible to develop a disciplined strategy that delivers Innovation time and time again for sustained long-term profitability. Make developing that strategy your 2012 New Year’s Resolution. “Robert’s Rules of Innovation” outlines specific steps to implement Innovation. Here are some tips:

1. Define your organization’s needs. What type of innovation are you trying to achieve? An incremental innovation that introduces a new process or feature? Or a transformative breakthrough that completely changes the marketplace? The latter is more difficult to achieve but holds the greatest potential. Choosing the path that makes the most sense for your organization will help in the Innovation process.

2. Formulate a New Product Development process. Each organization’s NPD process can have a different number of steps, so long as they form a structured plan. A three stage plan may include: Stage 1 Product Definition where a product is examined for its brand strategy, profit potential, and competitive analysis. If the product is a “go” then it moves to Stage 2: the Qualification process where a first article product is made and tested for quality assurance. Finally, Stage 3 is Revenue where the product is launched.

3. Create a road map to success. The key elements are examining Quality of projects, Capability of managing them successfully, and Capacity of the organization for maintaining a portfolio of well-managed projects. No matter what NPD process you decide to use, stick to the road map to ensure that each stage, and tasks within each stage, are clearly defined.

4. Some more guidelines for progress: remember to stick to your go/no-go criteria for moving forward with developments. All projects should undergo the same scrutiny, regardless of who suggested it! Also, many organizations are incorporating a “discovery phase” into the Innovation process to allow for more experimentation. This step is beneficial for making decisions based on long-term sustainable Innovation, and not on current budget restraints alone.

In a world of increasing business competition, Innovation is key to a company’s survival. Creating an Innovation strategy that makes sense for your organization is entirely feasible, and an absolute must for creating profit for your company.

Here’s to a New Year of Innovation!

Over the past several weeks and 10 posts on the Vistage Blog , we’ve reviewed key imperatives that formed “Robert’s Rules of Innovation” and that together create the foundation upon which to build, improve, sustain and grow an organization’s innovation mandate.

Consider this the closing chapter in an 11-step treatise on putting what you’ve read into action. First, a brief summary…

Consider the lesson on the first imperative – Inspire and Initiate – to realize the steps necessary. The power of inspiration cannot be over-estimated in the process of innovation. Inspire your people, and then hit the throttle.

With inspiration as the wind in your sails, next comes the realization that with No risk, there can be no innovation. Companies must be willing to take some risk to potentially realize the benefits of innovation.

We discovered how important innovation is to the New product development process it, and how Ownership across the organization – from the CEO to the rank-and-file employee – fuels buy-in to successful innovation.

Innovation, we learned, fuels Value creation, yet Accountability, Training and coaching, and Idea management bring value to the process and its individual elements. Finally, the mandate to Observe and measure every step of the process brings quantifiable metrics to the process, which – hopefully – delivers Net results / net rewards.

Together, these imperatives drive Innovation.

With these imperatives in place, now visualize the role they play in your organization and issue a call to action: Innovate to thrive.

How should you start? Here are three final tips to get you started…

• Just Do It. Like the Nike commercial, it’s all about execution. You can read books and blogs on innovation. You can write plans for your next innovative pursuit. Yet as the Chinese proverb says, “Every long journey begins with one small step.” With the plan in hand, work the plan.

• Communicate. This cannot be stressed enough. From the CEO to the Chief Innovation Officer to every team member involved in the process, communication is essential to relaying key information about goals, intent, progress (from the biggest success to the smallest setback), and lessons learned from any failure. Whether by email, IM, a collaborative whiteboard, or recurring meetings, communicate your milestones.

• Get committed. Personal involvement from the CEO means, “No Lip Service.” From the highest levels, there must be a hands-on presence in update meetings, project rankings, and troop motivation. You must set the example. You must walk the talk.

You’ve been given the tools and insights. Now, it’s time to implement an innovation initiative in your organization. You don’t have to start big; in fact, like so many first-time projects, a beta may be the best way to test the initiative without investing too much time, manpower or resources – only to later discover whether the concept was worthy of pursuing further.

The key, though, is to kick it off. Create a personal action plan, follow it through, get engaged with personal involvement, and be there.

Don’t hesitate to drop me a note if you need encouragement or want to relay news of your successes, robert@innovationcoach.com

For more information and useful content see “Robert’s Rules of Innovation“,

LOOK INSIDE for more chapters, insights and tips on Innovation.

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Robert Brands is a professional Speaker, the founder of InnovationCoach.com, and the author of “Robert’s Rules of Innovation“: A 10-Step Program for Corporate Survival, with Martin Kleinman published in March, 2010 by Wiley.

But is innovation alone the answer? Is the end – innovation – capable of surviving solely as a mandate?

Or is innovation a process, journey that seeks a destination refined and polished along the way? “Total Innovation” is a sojourn that mandates a total approach philosophy.

However, to create the Culture, foster Ideation and sustain a focus on thoughtful New Product Development, innovation requires a complex combination of and continued adherence to imperatives that must be introduced, embraced and nurtured. Innovation imperatives must start at the top, the CEO. They must be written into the Mission Statements; “Innovation” must have the backing in the strategic plan.

To thrive, Innovation must have the support of long-term growth objectives and capital support. Beyond support, Innovation must gain Inspiration from leadership, who will create and foster a Culture of innovation and motivate the organization. Leadership must acknowledge the role of Risk, and understand the possibility and benefits of failure.

For without such inspiration and continued communication, Innovation will not survive. It will become little more than a once-promising concept left to wither on the vine of fanciful corporate initiatives that never quite took root.

Therein lies the paradox of innovation. Companies cannot succeed without innovation. Yet few executives understand how to introduce, nurture, or capitalize on the promise of innovation within the organization.

Planned well, the Imperative of Innovation can impact the New Product Development process. It can encourage fertile Ideation, welcoming input from associates to customers and users alike. It feeds the machine, providing methods of collecting, vetting, ranking and considering the Next Big Idea or future new products or processes.

The Innovation Imperative insists on Ownership and Accountability. It requires a Champions – and Chief Innovation Officer, if you will – be named to oversee teams Trained, coached and mentored to shepherd projects through the system, all the while adhering to each Imperative.

The Imperative requires Observation and Measurement of performance and results to ensure they deliver Net Result and Reward, and that they meet or remain focused upon an established set of objectives – and those involved are recognized accordingly.

Ultimately, innovation done well leads to Value Creation – for the organization, its stake holders and customers.

To learn more, visit see www.robertsrulesofinnovation.com or look for “”Robert’s Rules of Innovation ™” by Wiley, March, 2010
Robert F. Brands is President and founder of www.InnovationCoach.com