What do CEO’s think about Innovation?

According to research from my firm, CEO’s are thinking about with the same stage-gate mindset that Randal and I are in our new book, IGNITE: Setting your Organization’s Culture on Fire with Innovation. In the video below, taken from PwC’s CEO research, we hear CEOs share how they are rising to the innovation challenge — through cultural change, breaking the status-quo, adding fresh perspectives, and adding incentives. We especially agree with John Chambers, CEO of Cisco, who claims culture has to change before innovation can kick in. And are happy to hear from the CEO of Silicon Valley Bank, Greg Becker, that Silicon Valley has more innovation teams and systems being set up than ever before.