Quote: "Innovation management is a combination of the management of innovation processes, and change management. It refers to product, business process, marketing and organizational innovation."
Understanding the process of innovation management, including ideation, selection, implementation, and evaluation of innovation projects.
Introduction to Innovation Management: An overview of the concept of innovation management, its history, and its importance for organizations.
Types of Innovation: A classification of innovations based on the degree of novelty involved, such as radical, incremental, and disruptive innovation.
Innovation Strategies: Approaches to developing and implementing innovation strategies, such as open innovation, user-driven innovation, and technology-push.
Innovation Processes: The steps involved in managing innovation, including ideation, screening, prototyping, testing, launching, and scaling.
Innovation Culture: The organizational culture, norms, and values that support innovation, such as risk-taking, creativity, and learning.
Innovation Metrics and KPIs: Performance indicators and measurements used to assess the effectiveness and efficiency of innovation management initiatives.
Intellectual Property Management: The management of IP assets created as a result of innovation, including patents, trademarks, copyrights, trade secrets, and other proprietary information.
Innovation Ecosystems: Networks of actors, organizations, and institutions that create an enabling environment for innovation, including government agencies, research institutions, investors, and startups.
Innovation Funding: Financing options for innovation, such as venture capital, angel investing, crowdfunding, and innovation grants.
Innovation Leadership: The skills, competencies, and behaviors required for successful innovation management, including vision, influence, communication, and collaboration.
Disruptive Innovation: This type of innovation uproots traditional business models, creating new markets and value networks.
Open Innovation: It involves generating ideas and taking feedback from external sources like customers, suppliers, partners, and academics.
Incremental Innovation: This type of innovation involves making small improvements to existing products and services.
Radical Innovation: This innovation generates unprecedented and original results, transforming industries and creating new ones.
Reverse Innovation: This takes place when a company generates innovative solutions based on the needs and demands of emerging markets.
Collaborative Innovation: It involves working with partners, suppliers, competitors, and customers to share ideas, resources, risks, and rewards.
Blue Ocean Innovation: This innovation explores uncharted territories, creating new products or services that fulfill needs that have never been addressed before.
Design Thinking Innovation: This involves a customer-centric approach, where designers empathize with customers to identify their needs and create innovative solutions.
Lean Innovation: This involves developing new products and services with minimum resources, creating a culture of experimentation and learning.
Agile Innovation: It involves rapid experimentation, prototyping, and testing, shifting the focus from planning to execution.
Digital Innovation: Digital innovation refers to using digital technologies like AI, ML, IoT, and blockchain to drive innovation in organizations.
Green Innovation: Green innovation focuses on creating sustainable products and services that reduce environmental impact.
Social Innovation: It involves developing innovative solutions for social problems, improving the well-being of communities and societies.
Intellectual Property Innovation: It involves leveraging intellectual property assets like patents, trademarks, and copyrights to generate innovative products and services.
Frugal Innovation: This innovation involves developing low-cost solutions that are affordable to low-income customers in emerging markets.
Quote: "Innovation management allows the organization to respond to external or internal opportunities, and use its creativity to introduce new ideas, processes or products."
Quote: "Common tools include brainstorming, prototyping, product lifecycle management, idea management, design thinking, TRIZ, Phase–gate model, project management, product line planning and portfolio management."
Quote: "It involves workers or users at every level in contributing creatively to an organization's product or service development and marketing."
Quote: "By utilizing innovation management tools, management can trigger and deploy the creative capabilities of the workforce for the continuous development of an organization."
Quote: "The product lifecycle of products or services is getting shorter because of increased competition and quicker time-to-market, forcing organizations to reduce their time-to-market."
Quote: "Innovation managers must therefore decrease development time, without sacrificing quality or meeting the needs of the market."
Quote: "The process can be viewed as an evolutionary integration of organization, technology, and market by iterating series of activities: search, select, implement, and capture."
Quote: "Innovation management is the subject of ISO 56000 (formerly 50500) series standards being developed by ISO TC 279."
Quote: "Innovation management allows the organization to respond to external or internal opportunities, and use its creativity to introduce new ideas, processes or products."
Quote: "The product lifecycle of products or services is getting shorter because of increased competition and quicker time-to-market, forcing organizations to reduce their time-to-market."
Quote: "Common tools include brainstorming, prototyping, product lifecycle management, idea management, design thinking, TRIZ, Phase–gate model, project management, product line planning and portfolio management."
Quote: "It involves workers or users at every level in contributing creatively to an organization's product or service development and marketing."
Quote: "By utilizing innovation management tools, management can trigger and deploy the creative capabilities of the work force for the continuous development of an organization."
Quote: "The process can be viewed as an evolutionary integration of organization, technology, and market by iterating series of activities: search, select, implement, and capture."
Quote: "By utilizing innovation management tools, management can trigger and deploy the creative capabilities of the work force for the continuous development of an organization."
Quote: "Innovation management is the subject of ISO 56000 (formerly 50500) series standards being developed by ISO TC 279."
Quote: "The product lifecycle of products or services is getting shorter because of increased competition and quicker time-to-market, forcing organizations to reduce their time-to-market."
Quote: "It refers to product, business process, marketing and organizational innovation."
Quote: "It is not relegated to R&D; it involves workers or users at every level in contributing creatively to an organization's product or service development and marketing."