As you probably know from first-hand experience, the pressure to innovate in today's global economy is tremendous. Not only has information technology substantially accelerated the pace of contemporary business, it has also accelerated the pace of innovation itself. In many industries, by the time products and services hit the shelf they are already out-of-date and competitors are constantly looking to out-do each other by being more innovative.

In an attempt to maintain their competitive advantage, many companies revert to outside consultants and to out-sourcing in order to, in their own minds, be more innovative. The problem is that neither consultants nor out-sourcing can provide a long-term solution to innovation-based scalable and sustainable growth. This is because the biggest barrier to innovation is not the competitive forces in the marketplace, but the minds of people in the organization itself.

Knowledge Creation Management and the other workshops that ITG offers in Innovation Management go one step beyond traditional approaches to innovation management and teach executive teams how to understand the mind of the innovator: how to create an organization that embraces and rewards that mind both for the new knowledge that it creates and for the application of that knowledge to new products and services.

This approach, centered on the continuous creation and application of new knowledge is the most powerful way for organizations to unlock the latent human capital of their employees and to develop a continuous and powerful innovation engine.

Utilizing a unique framework for innovation that is based on two properties, recombinant intelligence and emergence, ITG can help executive management teams increase both their rate of generating innovative products and services and their revenue from such projects.