Planning for innovation: A process oriented perspective

Samuel Todd Hunter, Scott E. Cassidy, Gina Scott Ligon

Research output: Chapter in Book/Report/Conference proceedingChapter

16 Citations (Scopus)

Abstract

Organizations continue to place an ever-increasing premium on innovation-the successful implementation of novel and useful ideas. The reasons for the pursuit of innovation are seemingly quite justified. Simply put, businesses that can bring products to market before competitors stand to have a unique competitive advantage over those that lag in development. Moreover, organizations that continually seek new and novel ways to operate might also gain a competitive advantage over those businesses that continue to engage in outdated and inefficient practices. Planning is not a "set and forget" activity-leaders cannot develop a plan and put the innovation to function on autopilot. Planning, in general, requires constant monitoring. Planning for innovation requires even greater attention and flexibility. For those willing to invest time and energy, planning for innovation can provide leaders with a useful means to create movement toward an innovation strategy. The tendency to avoid the often risk-saturated opportunities characterizing innovation means some guidance is necessary to put organizations on a creative path. The development of innovation plans, even with their complexity and need for near constant attention, provide this "push" necessary for moving toward unknown territory.

Original languageEnglish (US)
Title of host publicationHandbook of Organizational Creativity
PublisherElsevier Inc.
Pages515-545
Number of pages31
ISBN (Print)9780123747143
DOIs
StatePublished - Dec 1 2012

Fingerprint

Planning
Innovation
Competitive advantage
Monitoring
Guidance
Competitors
Energy
Premium
Innovation strategy
Lag

All Science Journal Classification (ASJC) codes

  • Business, Management and Accounting(all)

Cite this

Hunter, S. T., Cassidy, S. E., & Ligon, G. S. (2012). Planning for innovation: A process oriented perspective. In Handbook of Organizational Creativity (pp. 515-545). Elsevier Inc.. https://doi.org/10.1016/B978-0-12-374714-3.00020-3
Hunter, Samuel Todd ; Cassidy, Scott E. ; Ligon, Gina Scott. / Planning for innovation : A process oriented perspective. Handbook of Organizational Creativity. Elsevier Inc., 2012. pp. 515-545
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Hunter, ST, Cassidy, SE & Ligon, GS 2012, Planning for innovation: A process oriented perspective. in Handbook of Organizational Creativity. Elsevier Inc., pp. 515-545. https://doi.org/10.1016/B978-0-12-374714-3.00020-3

Planning for innovation : A process oriented perspective. / Hunter, Samuel Todd; Cassidy, Scott E.; Ligon, Gina Scott.

Handbook of Organizational Creativity. Elsevier Inc., 2012. p. 515-545.

Research output: Chapter in Book/Report/Conference proceedingChapter

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Hunter ST, Cassidy SE, Ligon GS. Planning for innovation: A process oriented perspective. In Handbook of Organizational Creativity. Elsevier Inc. 2012. p. 515-545 https://doi.org/10.1016/B978-0-12-374714-3.00020-3