100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Summary O’Connor, G. C., Corbett, A., & Pierantozzi, R. (2009). Create Three Distinct Career Paths for Innovators. Harvard Business Review. Retrieved July 4, 2017, from https://hbr.org/2009/12/create-three-distinct-career-paths-for-innovators $3.24   Add to cart

Summary

Summary O’Connor, G. C., Corbett, A., & Pierantozzi, R. (2009). Create Three Distinct Career Paths for Innovators. Harvard Business Review. Retrieved July 4, 2017, from https://hbr.org/2009/12/create-three-distinct-career-paths-for-innovators

 13 views  0 purchase
  • Course
  • Institution

Full summary of O’Connor, G. C., Corbett, A., & Pierantozzi, R. (2009). Create Three Distinct Career Paths for Innovators. Harvard Business Review. Retrieved July 4, 2017, from

Preview 1 out of 3  pages

  • October 7, 2021
  • 3
  • 2021/2022
  • Summary
avatar-seller
O’Connor et al (2009) – Create 3 Distinct Career Paths for Innovators
Status quo:

 Companies fail to provide the formal structure for successful radical innovation programs:
o Autonomous organization
o Processes tailored for highly uncertain work
o Well-designed metrics

Main problem identified: Mismanagement of innovation talent

Companies mismanage their innovation talent!

 Companies rotate high-potential managers in & out of the innovation leadership role on a
regular basis
o This helps the managers gain experience BUT
o This means that it is impossible to build up some innovation expertise at senior level
 Companies do not provide growth opportunities for innovation professionals
o From innovation, you never get promoted into a leadership role
o “there are plenty of jobs in innovation but there are no careers”
o Most firms just assume that employees will be promoted along the project as it
graduates from incubation to acceleration – but is that employee suitable for that?

Staffing the 3 phases of innovation

 Innovation has 3 phases (discovery, incubation, acceleration)
 Each of these requires different skills
 Also an individual working in discovery might have other career aspirations than an individual
working in incubation/acceleration
o E.g. a discoverer might aspire to become involved in policy discussions about
emerging technologies and their impact on corporate strategy
o An incubator might aspire to pursue a technical path, managing large-scale projects
o The accelerator might aspire to take on a functional leadership role



 It makes no sense to ask an individual to engage in all 3 phases
o such broadly skilled individuals are very rare
o working on all 3 phases even though they only have career aspirations for one phase
could demotivate them
 Rather, each employee should focus on the phase they are best at!

Main proposition:

Organizations should create three distinct career paths within innovation:

1) The Discoverer
2) The Incubator
3) The Accelerator

For each career path, suitable growth options must be considered and included!

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller fhl. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $3.24. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

77858 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$3.24
  • (0)
  Add to cart