A chief innovation officer (CINO) or chief technology innovation officer (CTIO) is a person in a company who is primarily responsible for managing the process of innovation and change management in an organization, as well as being in some cases the person who "originates new ideas but also recognizes innovative ideas generated by other people". The CINO also manages Technological change.
The term "chief innovation officer" was first coined and described in the 1998 book Fourth Generation R&D. Organizations with a CINO/CTIO are practicing part of the fourth generation of innovation theory and practice to emerge since 1900. Successful chief innovation officers focus on delivering on the key principles behind innovation - leadership, creating networks, harnessing VOC/HOC in idea development, leveraging the right incentives, and building/running an effective, transparent, and efficient innovation process.
The CINO is responsible for managing the innovation process inside the organization that identifies strategies, business opportunities and new technologies and then develops new capabilities and architectures with partners, new business models and new industry structures to serve those opportunities.
CINO/CTIO doesn't have to report to the CEO or another C-level executive. CINO/CTIO is a functional title, similar to the chief information security officer. The words "chief" and "officer" are used to communicate that a person in this position is responsible for driving innovation throughout the entire organization. Using a functional "chief ... officer" title helps to communicate that this is a cross-organizational position and enables this person to work across organizational silos.
The CINO/CTIO focuses on radical or breakthrough innovation. The coined term CINO/CTIO is used to differentiate the position from the chief information officer, who is responsible for the information technology and computer systems that support enterprise goals.