In this HBR Blog, created by Jay F. Terwilliger with partner Mark H. Sebell and Vijay Govindarajan, this simple framework is used to determine the success of an innovative effort. It takes corporate will, a marketplace, and strategic competencies to succeed. In other words, successful innovation requires motive, means, and opportunity. Innovation efforts fail anytime they fail to deliver on all three of these domains strongly enough.
Read the entire post at Harvard Business Review http://blogs.hbr.org/govindarajan/2011/03/todays-innovative-idea-can-ris.html