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
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&D
Document Type: Research article
Publication date: 2005-01-01
- Research-Technology Management has been publishing peer-reviewed articles covering the entire spectrum of technological innovation since 1958. RTM is a leading source of knowledge and best practices on innovation management, from research and development through product development to marketing, for leaders of research, development, and engineering worldwide.
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