Article

The PIE Model: How CInOs Can Plan, Implement, and Evaluate Business-Driven “Innovating Innovating”

Posted September 19, 2016 | Leadership | Amplify

In this article, we explain how established firms can benefit from appointing a chief innovation officer (CInO) to lead a meaningful and sizable innovation department. We focus on the changing nature of innovation — what we have called “innovating innovating” — and discuss the nature of the innovation age, why innovation is critical, and the role of the “digital force” that drives much of 21st-century innovation. Next, we share the PIE model, with its three phases of planning, implementing, and evaluating, as a mental model for innovation management. We use the process of strategy making as an example of the changing nature of the 21st century’s digitally driven organizations. Finally, we show how CInOs can use the PIE model to effect transformation from the strategic, tactical, and personal perspectives.

About The Author
Yesha Sivan
Yesha Sivan is the founder and CEO of i8 ventures, a boutique consultancy focused on digital transformation leadership. He is also a visiting professor of digital, innovation, and venture at the Chinese University of Hong Kong Business School. Dr. Sivan's professional experience includes developing and deploying innovative solutions for corporate, hi-tech, government, and defense environments. He focuses on digital strategy (SVIT – Strategic… Read More
Raz Heiferman
Raz Heiferman is a Senior Digital Transformation Advisor at BDO Consulting. Previously, he was the acting government CIO and manager of the Shared Services division of the Israel government’s CIO office. Mr. Heiferman is also former CIO of Direct Insurance, Bezeq, and Optrotech, and has held other senior positions in two leading Israeli software houses. He teaches MBA-level courses on digital transformation strategy and leadership in the digital… Read More
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