Accelerating Innovation at Hewlett-Packard

Authors: Rio Rivas; David H. Gobeli

Source: Research-Technology Management, Volume 48, Number 1, January-February 2005 , pp. 32-39(8)

Publisher: Industrial Research Institute, Inc

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Abstract:

Accelerating the rate of innovation is a top priority for technology managers; understanding and managing common innovation enablers and barriers saves time and money. A review of multiple programs in Hewlett-Packard revealed that the top enablers of innovation are highly skilled people, a helping culture, management support, using checkpoints to provide focus, and interdisciplinary people working together. However, barriers are different across programs; consequently, managers should regularly interview teams to determine which barriers need to be addressed. And, barriers can be predicted on the basis of technology and market newness. For example, products with technologies that are new to the company face capability issues while products with new markets may experience market planning issues.

Keywords: MANAGING INNOVATION; PORTFOLIO MANAGEMENT; EFFECTIVE R&AMPD

Document Type: Research article

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