Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Jeff DeGraff

I'm the 'dean of innovation' and I know that nobody can agree what 'innovation' actually means

jeff (Credit: courtesy of Jeff DeGraff)

Imagine an executive team gathering to discuss its most urgent strategic priority: artificial intelligence. The CEO wants AI to become a new engine of growth. The CIO wants to deploy copilots. The COO sees opportunities to automate processes. The head of product wants AI-enabled offerings. The CHRO is worried about how AI will reshape work. Everyone agrees that AI is the future. Everyone agrees that the company needs to innovate. And everyone leaves the meeting talking about something different.

This is increasingly the real innovation problem inside large organizations. We use one word, “innovation,” to describe fundamentally different kinds of work. Adopting a technology. Improving a process. Launching a product. Creating a business model. Transforming an organization. Responding to a crisis. Everyone uses the same word and assumes alignment. There isn’t any.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.