Kalypso acquired by Rockwell Automation, Inc. (NYSE: ROK). Read the press release.

The Importance of Culture to an Effective Innovation Strategy

Instilling a culture of innovation is not easy. It requires lots of time, commitment and consistency. In order to deliver innovation results, organizations must foster an innovation culture and align corporate strategy with their culture and capabilities.

In order to do this succesfully, there are three necessary steps:

  • Take stock
  • Devise an action plan
  • Remain consistent over time

George Young discusses Domino's as an example of successfully instilling an innovation culture to deliver results.