Systemizing
the Innovation Process
Managing Innovation
To renew our companies and
to become more competitive, we need to embrace innovation, to
treat it as a continuous process, and to make it compatible with
the company’s day-to-day operations. Here is a new approach,
a systematic way to generate and manage innovation through strategic
initiatives.
Executive Summary
Executive Summary
Good intentions are not enough. Companies that want
to make innovation a priority must first understand that it is
a process that requires more than ideas or technology. Innovation
demands “its own rules of the game,” and a change
both in mindset and main practices. The purpose of this article
is to show how a focus on innovation, which is based on the
systematic generation of strategic initiatives, can foster innovation
throughout an organization. However, as the authors point
out, carrying this out requires more work than inspiration.
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