Impact Innovation Update

During a recent meeting the discussion moved to connecting an organization’s mission to the innovations they would be looking for and investing in. I found the impact innovation model provided a convenient way to talk about programs and partnerships that could be used in different stages of developing investable opportunities for the organization. That discuss lead to pondering a bit more about how the model would be used by an organization with some subtle, but valuable adjustments to the names of the four parts of the model, shown below.

Organizational impact innovation model – 11/25/19 hrh