Utilities operate in a rapidly evolving environment involving new business models, technologies, regulatory requirements, and changing customer and corporate citizenship expectations. All indications are that the pace of change Utilities will have to adapt to will continue to accelerate in the coming years. In this context, it will become increasingly important for Utilities of all sizes to innovate and manage innovation activities in a structured way while aligning these activities with the organization's strategic direction. This will be key to help ensure: the ability to react faster to emerging market demands and trends, readiness for new compliance requirements, improvements in organizational risk management efficiency in resource allocation and utilization, ability to effectively explore new ideas and opportunities, high employee engagement, retention and attracting of new talent company growth, revenue and profitability improvement while reducing costs improvement in the satisfaction of users, suppliers, customers, regulators, investors, and citizens TMG will present a structured approach to innovation management that consists of a framework to provide a foundation for the development/improvement of innovation capabilities within Utilities. This framework will allow Utilities to manage innovation in a deliberate, systematic, and measurable fashion, enabling them to adapt, evolve, and thrive in an uncertain business environment where rapidly accelerating change will be normal.