The Harvard Business Review looks at creating a “minimum viable innovation system” — the essential building blocks that allow a company to begin creating a reliable, strategically focused innovation function — within three months.
“What it will require is senior management attention—most critically from some member of the top leadership team. That might be the chief executive officer or a chief innovation officer, but it doesn’t have to be. If you’re responsible for innovation in your company at the highest level, we’re talking to you. With a little help from other executives and innovation practitioners, you can set up an MVIS by completing four basic steps in no more than 90 days, with limited investment and without hiring anyone extra.”
A related must read: The Little Black Book of Innovation: How It Works, How to Do It by Scott D. Anthony.