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It is important to ensure the investments in innovation initiatives maximize the value of the innovation portfolio. The Innovation Advisory Group is an essential element in ensuring each innovation project proposal can lead to measureable business value for the organization. This charter is a document that can be used to help detail, strategize, prioritize, and set goals for innovation initiatives within the organization.
This Innovation Advisory Group Charter template provides sections covering:
- Committee purpose, including roles, and responsibilities
- Typical meeting agenda items
- Possible members of the committee
- Committee mandate
Without a charter to control the Innovation Advisory Group, the investments into innovation initiatives are unlikely to be successful.