What Does A Chief Innovation Officer Do?
A new role is emerging that's designed to manage innovation strategies across various corporate platforms.
The acceleration of revolutions in business during the recent past has led to the call for a new position that oversees and executes innovation as it pertains to corporate structures: the Chief Innovation Officer (CIO). In recent years, large-scale companies such as AMD, Citigroup, Coca-Cola , DuPont, Humana, and Owens Corning, among others, have assigned a CIO to manage innovations across various corporate levels, from rank-and-file employees to chief executive officers and trustees. Business World explains: