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What is innovation management and why your organization needs it

hackerearth

Either way, businesses need to identify where they are going wrong because innovation as a business strategy is here to stay. An innovation process “connects upstream idea valuation to downstream production and release to market.” Reduces risk of becoming obsolete due to competitors. Evolution of Innovation Management.

article thumbnail

What is innovation management and why your organization needs it

hackerearth

Either way, businesses need to identify where they are going wrong because innovation as a business strategy is here to stay. An innovation process “connects upstream idea valuation to downstream production and release to market.” Reduces risk of becoming obsolete due to competitors. Evolution of Innovation Management.