Session: Best Practices for Innovation Accounting and Governance

In this presentation, John Barker, former VP of Strategy and Competitive Intelligence at Wolters Kluwer, will present best practices for innovation governance.  This presentation will suggest answers for the following questions:

  • Should a business create a separate innovation function or distribute accountability for it throughout the organization? What level – C-, VP, Director, Manager – should have primary responsibility for innovation?
  • What are the KPIs for the innovation function? What is innovation accounting?
  • To whom should the innovation function report?
  • When, if ever, should any part of the innovation function be outsourced?
  • What is the responsibility of the Board of Directors for innovation?
  • How does a business’ risk profile affect innovation governance?
  • How does a global business operating in multiple countries and cultures manage innovation?