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Organizational Competencies for Radical Innovation

Existing organizations, or incumbents, aren’t known for their ability to do radical innovation. However, it is necessary for them to do so to survive in the long term. This article will focus on the competencies existing organizations need to start up radical innovation (RI) projects. The ‘ambidextrous organization’ structure turns out to be a key competency, as well as several other structural, management-strategic, people, and external factors.