Six Things I wish I had known before I accepted the position of Chief Innovation Officer

I was pleased and proud to be appointed to the position of CIO (Chief Innovation Officer).  It seemed like a great opportunity to join a dynamic executive team and help drive the growth and ambition which inspired the company.  Unfortunately, things did not work out well and there are some hard lessons to be shared.  Here are some things I wish I had anticipated.

  1. The CEO had the goal and the vision but not the commitment.  I reported to the CEO and he was adamant about his belief in promoting innovation in the organisation.  We agreed some great initial plans but when the going got tough he focussed on sales, customer service and cost cutting.  It was understandable in view of the situation.  Nonetheless his commitment wavered just when we needed it most.  This undermined my innovation projects.
  2. Innovation is everyone’s job; not just the CIO’s.  As soon as I took on responsibility for corporate innovation the other executives focussed on their own objectives and left me to it.  They did not actively oppose my initiatives, but they were lukewarm and their priorities always took precedence.  Office politics, turf wars and jockeying for favour were all in play. For innovation to succeed it needs the full support and commitment of the company, starting with the entire top team.
  3. Changing a corporate culture is harder than you think. The people who worked there were good people, assiduous and loyal to the company.  But they were operating within their comfort zones and were somewhat risk averse.  ‘Why mess with success?’ seemed to be the watchword.  People worked diligently within their siloes and they prioritised the goals of their departments.  Getting them to allocate time and resource to new product projects proved difficult.
  4. ‘We welcome failure’ is a mantra but not a reality.  There was general agreement that we needed to be bolder and take more risks.  But after the first two major initiatives failed to achieve their objectives a blame game ensued.  And a lot of the blame came my way.  Maybe I deserved some of it for being too optimistic, but I expected constructive support not finger-pointing.
  5. When the going gets tough, business-as-usual takes priority.  Things went well at first but then a recession hit our sector, sales turned down, targets were missed.  We had to cut costs and my innovation budgets were the first to be trimmed.  It was understandable.  Sales of current products and services were funding the payroll so they had to be protected with precious resources.  Innovation slid down the agenda at executive meetings.
  6. Innovation is not a one-off project; it has to be a way of life.  We started with a big promotion, encouraging ideas from inside and outside the company.  The CEO gave a rousing and inspiring speech about our vision for innovation and agility.  There was real enthusiasm.  We could not cope with all the ideas for improvements and new solutions which came flooding in.  But then enthusiasm waned.  When people saw how long it took to change things they gradually lost interest.  We just could not maintain the initial energy.  The CEO focussed on cost reduction and trying to sell the business.  It just got harder and harder to get the commitment and cooperation of all the parties we needed to bring new products and services to market.

In the end I quit and a little while later the company was sold to a competitor.  Looking back, I can see that I was a little naïve in my approach.  But what do you think I should have done better?  And how can newly appointed CIOs avoid these same problems?

Posted in

Paul Sloane

NEVER MISS ANOTHER NEWSLETTER!

Categories

LATEST BLOGS

Eat Sleep Innovate Book Cover

Eat, Sleep, Innovate: How to Make Creativity an Everyday Habit Inside Your Organization [Interview]

By Braden Kelley | September 30, 2020

I had the opportunity recently to interview fellow author Jeff Gothelf to talk with him about his new book Sense and Respond, which is his second book with his co-author Josh Seiden and a major publisher. Congratulations Jeff! 1. Why is it so important that companies embed the two-way conversation with customers at the center of what they do?

Read More

Unexpected Foes – Weak Links in Innovation Roadmaps

By Dimis Michaelides | September 23, 2020

Imagine you are implementing a transformation program in your organization. You have it all spelt out with the fashionable jargon…

Read More

2 Comments

  1. Fraser Liscumb on March 31, 2020 at 6:14 am

    Being part of change starting in HS and then started changing the system in college. The first words i heard were I understand we need change just as long as what you change has no impact on what I do our how I do it or the benefit to me and my support network. Being an innovator not about quitting but figuring out why those you need to make it a reality are putting up barriers to change then make those changes to assure they are part of the solution but no longer part of the problem. This simply means you had better be confident about what you are proposing because you will have to put your job on the line to make it a reality. If a boss says he order you not to implement something then you had better have two other ways to implement the solution to prove you had the right solution. Change does take time and a lot of thinking outside the box and understand people do not like change until they are forced to accept the change or understand the benefits of the change. and they will have a tendency to return to the old ways of doing things Its a frustrating job. I became part of change everywhere I got involved. Due to having not only the vision but the understanding of how people work and understanding; allow the one in charge to take the lead. Make them look good and they will push the changes needed. Understanding from time to time you will need to help them understand how to make it a reality and make a difference in this world. Simply put, one of the most frustrating careers you can have, but if you are good at it. One of the most rewarding

  2. Ron Thompson on April 1, 2020 at 8:10 am

    Great insights on why innovation in enterprises is very challenging. It’s tough to change behavior, attitudes, habits, etc. Making innovation more rewarding is a ” Team Sport ” – with highly motivated and competent internal and external people having valuable different and complimenting knowledge and skills – with very supportive and committed Client leadership. Easy to say – difficult to do. There is also a need to recognize successful innovation is a mindset and getting people past ” Not Knowing, Not Knowing what the don’t know – and frequently not wanting to know !). If interested in exploring having innovation meaningfully improve business outcomes, please contact me.

Leave a Comment