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THE WORKPLACE
U nderstanding the correlation between innova- ed Teams, the natural tendency is that the pow-
tion and execution is not an easy task for most er center remains the same, even if the need for
organizations. Vijay Govindarajan and Chris Trim- a shift is obvious.
and a work trip to spend some time with the family
ble, authors of the popular management book 10
Rules for Strategic Innovators, seek to explore this Trap 4: Assessing performance based on B Y J ULIE W EED
link, including how a dedicated team can help established metrics ·················································
bridge the gap, in their new book The Other Side of Evaluating a company’s performance can be a com-
Innovation. Edited excerpts: plex and analytical process. Still, many H ow can a family preserve time together that normally would
be consumed by work, and even turn it into an adventure
STRATEGIST
A Dedicated Team is, as the name companies want every employee to and save money? They can combine a family vacation with a par-
suggests, dedicated to the innovation think about performance every day. ent’s business trip. With budget restrictions in place in many
initiative full time. Here are a few sim- Therefore, they simplify. The members homes and businesses across the country, some travellers are us-
ple principles for assembling the Dedi- of the Dedicated Team will talk fre- ing one trip to fulfil multiple needs.
cated Team: quently about how things are going and According to a 2008 study by Egencia, the corporate travel arm of
1. Identify the skills that you need. the conversations will naturally gravi- Expedia, 59% of business travellers have had friends or family join
2. Hire the best people you can find. tate to the company’s most dominant them on a trip so they could spend free time together.
3. Match the organizational model to performance metrics. Even if the con- Andy Palmer, a co-founder of Vertica Systems and global
the Dedicated Team’s job. versations are casual, they can have a head of software engineering at the Novartis Institutes for Bio-
Overall, these principles are straightfor- dramatic impact on how the Dedicated Medical Research in Cambridge, Massachusetts, US, combines
ward. Nonetheless, we have seen that
companies frequently violate them. In-
Team behaves. Therefore, you must be
sure that you identify the performance WPP chief Martin Sorrell’s views on workspaces may seem contradictory, but they business travel with family time whenever he can. “I hate travel-
ling away from my family,” says Palmer, who lives in New
deed, if you are leading an innovation ef-
fort, you will face numerous pressures to
metrics that matter most for your specif-
ic innovation initiative. make perfect sense in the larger scheme of things Hampshire, “so having any of them with me is a million per cent
better.” Last spring Palmer’s wife, Amy, and their four children
do the wrong thing. If you bow to those The Other Side of accompanied him to Basel, Switzerland, when he had work at
pressures, you won’t build a winning Ded- Innovation: Solving the Trap 5: Failing to create a distinct
icated Team. And your initiative will fail.
We examine seven common mistakes.