Innovation Steering Committee


In today’s fast-paced and rapidly changing business environment, innovation has become a crucial component for success. With the rise of new technologies, changing consumer demands, and increasing competition, organizations are realizing the need to constantly innovate to stay ahead of the curve. However, innovation is not a haphazard process; it requires strategic planning, direction, and leadership. This is where an Innovation Steering Committee comes into play.

What is an Innovation Steering Committee?

An Innovation Steering Committee (ISC) is a group of individuals within an organization who are responsible for guiding and overseeing the innovation process. It is an established and structured framework that helps organizations to develop and implement innovative ideas and initiatives in a systematic and efficient manner. The committee serves as a strategic decision-making body that sets the direction, priorities, and goals for the organization’s innovation efforts.

Why is it important?

The role of an ISC is crucial in the success of an organization’s innovation strategy. Without proper guidance and direction, innovation initiatives can become uncoordinated, scattered, and fail to deliver the desired results. An ISC provides clarity, focus, and direction to the innovation process, ensuring that resources are allocated efficiently and that the organization’s overall vision and goals are aligned with its innovative efforts. By involving multiple stakeholders and departments, an ISC fosters collaboration, creativity, and cross-functional learning, leading to a more holistic and effective approach to innovation.

Who uses it?

The use of an ISC is not limited to specific industries or organizations. Any organization, whether large or small, can benefit from having an Innovation Steering Committee in place. From startups to well-established corporations, an ISC can help organizations of all sizes and industries to drive innovation in a structured and purposeful way. The committee is typically chaired by a senior executive and consists of members from various departments, such as research and development, marketing, sales, operations, finance, and human resources.

Use Cases:

1. Developing a New Product or Service: An ISC can play a critical role in the development of new products or services. The committee can identify market trends, consumer needs and preferences, and then steer the innovation efforts towards developing products or services that meet those needs.

2. Implementing Process Improvements: In addition to developing new products, an ISC can also focus on improving existing processes within the organization. By analyzing current processes, the committee can identify areas for improvement and implement innovative solutions to streamline operations, reduce costs, and increase efficiency.

3. Driving a Culture of Innovation: An ISC can act as a catalyst for building a culture of innovation within the organization. By involving employees from different departments, the committee can create a sense of ownership and accountability for innovation, and foster a collaborative and supportive environment for sharing ideas and implementing innovative solutions.


The use of an ISC is particularly relevant in industries that are constantly facing disruption and change. This includes technology, healthcare, manufacturing, consumer goods, and financial services. However, no industry is exempt from the need for innovation, making an ISC applicable to any organization that wants to stay competitive and relevant in today’s market.


1. Innovation Council
2. Idea Steering Committee
3. Innovation Management Team
4. Innovation Board
5. Innovation Taskforce
6. Innovation Strategy Committee
7. Innovation Oversight Group
8. Creativity Steering Committee
9. Idea Generation Committee
10. Disruptive Thinking Committee


Innovation is no longer a luxury, but a necessity for organizations to thrive in today’s dynamic and ever-evolving market. An Innovation Steering Committee provides the necessary framework, leadership, and direction to ensure that an organization’s innovation efforts are aligned with its overall goals and vision. By involving various stakeholders and departments, an ISC fosters collaboration, creativity, and a culture of innovation, ultimately driving growth and success for the organization.

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