What is innovation management and why your organization needs it

hackerearth

Understanding Innovation Management. Once a well-defined innovation strategy that aligns with business goals is in place, the next step will entail managing it effectively. Like any business function, innovation can be managed. Innovation Management is about more than just planning new products, services, brand extensions, or technology inventions. Innovation management initiatives focus on disruptive or step changes that transform the business in some significant way.

What is innovation management and why your organization needs it

hackerearth

Understanding Innovation Management. Once a well-defined innovation strategy that aligns with business goals is in place, the next step will entail managing it effectively. Like any business function, innovation can be managed. Innovation Management is about more than just planning new products, services, brand extensions, or technology inventions. Innovation management initiatives focus on disruptive or step changes that transform the business in some significant way.