Innovation Governance Charter

Define decision rights, funding gates, escalation paths and review cadence for innovation work — the governance document that prevents every decision from becoming a negotiation.

InnoLead · April 29, 2024 · Microsoft Word document (.docx)

Innovation teams lose most of their time to unclear authority: who can approve a pilot, who can commit budget, who breaks a tie between the function and a business unit.

This charter names the decision, the decider, the threshold and the escalation path for each of those cases, and sets the funding gates that govern movement between stages.

Have it signed by your executive sponsor. An unsigned charter is a suggestion.

Define decision rights, funding gates and escalation paths for innovation work. This tool is part of the InnoLead Tools library — a set of editable templates drawn from what our members use to run innovation functions inside large organizations.

How to use it
  • Download the document and drop in your organization's name, logo, and terminology.
  • Delete the prompts you don't need; the structure matters more than the boilerplate.
  • Circulate a draft to two or three stakeholders before you socialize it broadly.
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