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This book offers an eminently practical guide to effective leadership in the world of Research & Development. Armed with years of experience as a practitioner in roles ranging from Individual Contributor to Vice President of R&D to founder of his own company to innovation career coach, Dr. Clifford Spiro shares his insights on a carefully curated selection of topics. The book begins with an unexpectedly provocative chapter on the definition of "innovation," setting the stage for the out-of-the-box thinking that defines this exploration of the two trillion dollar innovation industry. Further chapters delve into tactical issues, including putting together innovation teams and project portfolios, keeping them on track, killing off lagging projects when necessary, achieving results, and recognizing and rewarding participants. In addition, the book extensively addresses big-picture concerns, such as the cross-functional nature of innovation and the need for cross-business alignment to achieve success. Current practitioners of innovation, leaders in significant business roles, and all manner of participants in R&D will appreciate this book's focus on real products and real situations as it explores effective innovation.