When new technologies and competitors disrupt markets, many enduring organizations exert to keep going. Possible reasons for disruption may be multiple but one of them is inadequate preparation to develop new products and services during uncertain times. In order to manage disruptions some businesses partner with others. Productive partnerships comprise of having the right people, […]
Tag Archives | Innovation Management
Integrative Innovation Management
When new technologies and competitors disrupt markets, numerous existing organizations struggle to remain competitive. Situations like these encourage some organizations to partner with others. Fruitful partnerships comprise of having the appropriate people, processes, and organizational backing. This calls for an Integrative approach to Managing Innovation. Various aspects of the Innovation process have to be integrated […]
3 Approaches to Global Innovation
The current ever-changing and increasingly connected world demands taking an amplified approach to Innovation and Innovation Management. The conventional method of innovating locally and distributing the product or service globally is now being questioned more and more. Effortless availability of unparalleled knowledge, essential for Innovation, is one key factor in bringing the traditional approach into […]
Global Innovation Management
Contemporary vibrant and contracting world demands using a wider approach to Innovation and Innovation Management. The customary approach’s reduced efficacy is due to the uncomplicated accessibility to exceptional knowledge necessary to Innovate. Accessing and utilizing such knowledge effectually warrants a revitalized approach. Globalization of Innovation can be accomplished in numerous ways. Four of the common […]
Global Innovation Strategy
Humans inherently connect to each other in an indigenous context, generate knowledge, and develop a product to be disseminated by way of commerce. Traditionally, Global Innovation practice has seen assembling of people with vital capabilities and essential knowledge via co-location. Co-location is the gathering of Innovation specialists into a handful of Innovation centers, domestically and […]
7 Principles of Management Education
Management is not a function nor a blend of functions. It is a practice best understood by means of experience that are set in context. All levels of education divide subject matter into definite categories, according to the means of creation of that knowledge, not by the manner in which it is used. This is […]
ROTI: Return on Training Investment Calculations
The concept of Return on Investment (ROI) was formed as part of the concept of Value Creation. The origins of ROI were in the Manufacturing sector, where it’s simple to measure time and output. Next, to adopt the concept was the Banking industry where intense competition necessitated Innovation Management and with that the need to […]
The 7 Fundamentals of Innovation: Your Guidepost to Doing Innovation Better than the Rest
Managing innovation is an important process only a few organization can master very well. It is because the innovation process is not fully understood or implemented and the innovation culture is still immature. While Innovation Management is recognized to bring in results, excellence has not been achieved in terms of managing innovation. Highly successful companies […]
