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Innovation is seen today as an essential ingredient to
establish and maintain business advantage.
Innovative thinking can drive and generate new ideas to
turn them into commercial products and services, create
new organizational efficiencies to compete more
effectively or provide new insights on how to provide a
better quality of service to customers. Whatever the
trigger may be, the ingredient of innovation is identified
as a top priority by both large and small enterprises
alike. It is listed among corporate values indicating that
employees are also being challenged to become more
innovative.
Although the importance of innovation is well recognized,
knowing how to stimulate, motivate and manage innovative
thinking within an organization can be difficult. Very few
organizations have performance metrics for innovation or
management processes to support a formal innovation
process (beyond the domain of Research and Development).
Neither do many organizations have a business review
process to explicitly focus on innovation performance.
The HP Invent Center is a center of expertise that focuses
on the business of innovation. Its mission is to help
organizations explore and innovate breakthrough business
ideas. From a technology perspective, the primary
motivation of HP is to identify where best-in-class
technology products, solutions and services can be applied
to enable business success.
But a key factor to keep in mind is that true business
advantage is gained by harnessing smart ideas … and not
just the latest technology. Consequently, the business of
innovation at the HP Invent Center aims to ensure that
organizations are able to obtain the best return from
their IT investments and harness the full potential behind
their innovative ideas.
The HP Invent Centers have a proven track-record with
clients from all major industry segments who are able to
demonstrate the real benefits obtained from the business
of innovation.
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