Coming up with new ideas for business is not a new concept, but assigning the role of Chief Innovation Officer (CIO) is, and itbs one many companies are adding to their leadership teams. Citigroup, Coca Cola, Humana and other top businesses all have CIOs. This new role is being created in part because companies now have a clearer understanding of how innovation works and how to manage it in a business setting.

The role of a CIO embraces three main areas: bdevising a language with innovation, testing assumptions with prototypes and using structure to unlock creativity,b according to this Businessweek article. Learn more by reading the full viewpoint, bThe Role of the Chief Innovation Officer.b

Has your company employed a Chief Innovation Officer? What steps is your business taking to embrace innovation? Leave a comment to let us know.

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