Korn/Ferry International
Korn Ferry's Innovation Matrix Framework
Pages
10
Time to read
23 mins
Publication
Language
English
Pages
10
Time to read
23 mins
Publication
Language
English
This document is a guide that outlines Korn Ferry's Innovation Matrix, which identifies the essential components necessary for successful innovation in organizations. It explains the significance of innovation as a driving force for progress and competitive advantage. The guide details the four inner levers of the Innovation Matrix: leadership, people, infrastructure, and culture, which must be optimized within the context of an organization's strategy and purpose. It emphasizes that effective leadership is crucial for fostering an innovative environment, where leaders must adapt their styles to different types of innovation. The guide also discusses the importance of aligning innovation efforts with organizational purpose and business context, highlighting how these factors can enhance creativity and collaboration. Additionally, it introduces tools such as the Enterprise Health Scan and the Enterprise Success Framework, which help organizations assess their innovation capabilities and implement actionable strategies to achieve their innovation goals.