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Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

At the beginning of 2013, Tim Kastelle and I identified four key issues in innovation management for the time to come. Let’s have a brief look at each of them: Differentiating and integrative innovation concepts. Uber is a current prime example: they are attempting to expand into healthcare and travel.

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Evolution of Hyperloop: Propelling innovation the Elon Musk way

hackerearth

Travel anywhere on earth in a rocket under an hour.” The aim was to understand how Musk makes these radical innovations possible and how exactly he propels innovation. Less than 10% of all innovation falls under this category. To make radical innovations happen, even the process of innovation has to evolve.

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15 most important Innovation Theories your company should be using

Idea to Value

However, recently there have been a number of startups providing a software solution to enable companies to set up innovation challenges, have thousands of people submit their ideas, and then evaluate and manage these ideas in a more structured way. An example of the dashboard of Idea Management Systems: Wazoku’s Idea Spotlight.

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