Issue: 1(15), June 21, 2009

What is innovation?
Recently, when
questions about innovation were posed in two professional
executive-level online forums, they generated a startling
range of comments on what constituted innovation including some
nearly
unintelligible management and consultant speak and clever word plays
like "innovation = invention plus commercialization". What was clear
was that what constituted innovation wasn't
clear in the minds of many and not
everyone viewed innovation as an entirely positive influence.
In life
science, innovation is often pivotal to success and to nurture it means
you have to first be clear on what it is! Here is our attempt to shed
some light:
- Innovation is doing or using something (knowledge, an
invention,
technology, materials, skills...) differently, in an unexpected way.
- Innovation is not invention or discovery but the novel
use of discovery or invention.
- Innovation can enable further discoveries and
inventions and we know it can be vital for successful commercialization.
- Innovation relates to the quality and novelty of your
actions, how you use what is available and possible in a different way.
Biotech management sometimes laments about how tight
budgets will
limit innovation. But based on the above, you realize innovation
doesn't have to be limited by money constraints at all.
TIP:
Innovation is key in the successful translation of science to product.
Be sure you are clear on what it is and what it does. Get
the PDF of this issue»
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Comfortable Innovation
Do
you need innovation? Sometimes? All the time? Only when there's a
problem? Not at all? Your answer may have a lot to do with your
job function.
Many managers charged with making things
run smoothly, find innovation threatening, a
disruptive influence. If it's not broken, why fix it? But
guarding the status quo isn't always sufficient for a life science
company and any company can become tired and stagnant.
Life science companies lose their capacity
for
innovation when they adhere too closely to dogma (focusing on the
mechanics of a
process over the reason for the process, for example), adhere too
fervently to
systems – uncomfortable being the company doing
something differently, or for the first time. Plugging away may get a
job done, eventually, but the time
and cost, both financially and competitively can be enormous in
biotech.
An innovative, productive culture sets an
expectation of thinking outside the box, looks beyond the scope of
the challenge for perspective and inspiration and is willing to try
something different to add greater value, or solve a problem in a much
better way. But to be productive, it also respects that diligent,
reliable and productive effort must also be part of the equation if
progress is to be realized.
Ideally, you want innovation and
diligent effort hand in hand, both
used in the right way, in the right place, at the right time.
TIP: Reward diligent
effort but set
the expectation that where needed, everyone should look outside
the
box for answers. Brilliant performance is one that gets the job
done
in the best way
possible. Get
the PDF of this issue»
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