This document outlines an innovation operating model that enables cross-functional decision making around innovation investments. Key decisions are made at different levels - business leaders make strategic decisions on which growth strategies to fund, while innovation teams decide which initiatives and ideas support those strategies and whether they should receive further funding and resources to be developed. The model aims to coordinate cross-functional input and alignment across both long-term strategic and near-term execution decision making.

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The Innovation Operating Model
Enabling Cross-Functional Decision-Making to Define and Manage Innovation Investments
Key Decision:
Which strategies
should we fund
to achieve our
growth goals?
Key Decisions:
Which initiatives
should we fund to
achieve our strategies?
Key Decision:
Should this new
idea/ concept
become an
initiative?
Key Decision:
Should this initiative
get funds/resources
to move into
development?
Execution
Focus of Cross-Functional Innovation Teams
Strategy
Focus of Cross-Functional Business Leaders
Long-Term FocusNear-Term Focus
© Copyright Sopheon plc.