Build Innovation Capacity
If you want to systematically deliver innovations that culminate in inflection points, you cannot ignore your innovation capacity. By capacity I mean the capabilities required to channel the pressures inherent in innovation into productive use. Without this, your highest hopes, years of work, and millions of dollars can be reduced to a cloud of dirt and debris so fast you won't know what happened.
There are underpinnings you can put in place that will simultaneously keep you from failure and put you in a position to excel—specifically, leadership, talent management, and idea management. I think of these as the innovation foundation. If you build a foundation of strong leadership, exceptional talent management, ...