This PPT slide, part of the 22-slide 7 Fundamentals of Innovation PowerPoint presentation, presents an overview of the "7 Fundamentals of Innovation," which are essential elements for fostering innovation within an organization. Each fundamental is represented in a circular layout, indicating their interconnectedness and collective importance.
The first element, "Team," emphasizes the necessity of assembling capable teams tailored for specific tasks. This suggests that the right mix of skills and competencies is crucial for driving innovation efforts. Following this, "Strategy" highlights the need for a clear and communicated company strategy that prioritizes innovation. This indicates that innovation should not be an afterthought, but a central focus of the organization’s strategic direction.
"Empowerment" is the third fundamental, advocating for a culture where employees feel encouraged to act independently and contribute ideas. This reflects a belief in harnessing the creativity of the workforce. The fourth element, "Culture," stresses the importance of cultivating an environment that values questioning and experimentation, which is vital for innovative thinking.
"Cooperation" is the fifth fundamental, pointing to the need for building networks with external entities such as universities and research centers. This suggests that collaboration can enhance the innovation process by bringing in diverse perspectives and resources. The sixth element, "Monitoring," calls for established procedures to evaluate innovation projects, including benchmarking and financial tracking. This indicates a structured approach to managing innovation efforts.
Finally, "Structure" serves as the seventh fundamental, implying that a well-defined organizational structure is necessary to support innovation initiatives. The slide concludes with a strong statement about the necessity of these fundamentals for a coherent innovation management strategy, underscoring their collective role in driving successful innovation outcomes.
This slide is part of the 7 Fundamentals of Innovation PowerPoint presentation.
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Innovation Management Organizational Structure Benchmarking Creativity Innovation Creativity
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