The key to successful innovation is being able to draw the line between how much time to spend maintaining and improving existing products and how much to spend on developing totally new ideas.
Past News ReleasesRSS
Santa Clara, CA (PRWEB) September 01, 2015
The CTO Forum, a premier organization for senior technology and business leaders, today announced the release of a new white paper that explores tools and best practices that decision makers in CTO organizations must pursue in order to fuel disruptive innovation within large otherwise conservative corporations. The white paper was developed to help senior technology leaders navigate the most effective course for their enterprise’s R&D and product development in an increasingly competitive global marketplace.
Historically, too many Fortune-ranked firms have been unable to sustain their financial and industry standing and this decline has ultimately contributed to significant economic upheaval with global impact. In today's environment of rapid change and constant uncertainty incremental advances are no longer enough, and only brilliant innovation can propel an organization to the forefront of an industry.
The white paper titled "Fueling Corporate Innovation" provides a mechanism for developing a laser focus on how to restructure the CTO function for pursuing disruptive innovation. It explores the best approaches on how to determine what constitutes smart innovation, how to maintain a balance between research and development and the requirement of the marketplace, and how to go about focusing on and leveraging innovation without remaining too conservative.
"The key to successful innovation is being able to draw the line between how much time to spend maintaining and improving existing products and how much to spend on developing totally new ideas," said Basheer Janjua, Founder and President of the CTO Forum. "We believe that finding and maintaining the right balance creates the proper environment for disruptive innovation within the organizations."
To download a complimentary copy of the white paper, visit http://www.ctoforum.org