Enhancing Innovation through Effective Information Management PPT

This PPT slide, part of the 28-slide Innovation Organization PowerPoint presentation, presents a framework focused on the importance of information in driving innovation within an organization. It emphasizes that information encompasses the metrics tracked, the coordination of activities, and the transfer of knowledge. The section labeled "DESCRIPTION" outlines key elements, indicating that a clear innovation strategy should be understood across the company. It stresses the necessity of having defined innovation metrics that hold individuals accountable for performance, alongside promoting rapid sharing of knowledge and ideas.

In the "MOST COMMON SHORTCOMINGS" section, 2 primary issues are identified. First, the lack of availability or accessibility of information and metrics can hinder effective decision-making. Second, poor information flow, both vertically and horizontally, can obstruct communication and collaboration within the organization. These shortcomings highlight significant barriers that can impede innovation efforts.

The "REMEDIES" section offers actionable solutions to address these shortcomings. It suggests selecting established performance measures to enhance transparency and accountability. This is crucial for ensuring that all team members understand their roles and contributions. Establishing a formal mechanism for reviewing these measures is also recommended, which allows organizations to link performance metrics with strategic objectives effectively. Lastly, it advises minimizing allocations and shifting focus towards usage, which can lead to more efficient resource management.

Overall, the slide serves as a guide for organizations looking to strengthen their innovation capabilities by improving information management and knowledge sharing.

EXPLORE MORE SLIDES FROM THIS PRESENTATION

EXPLORE MORE PRESENTATIONS ON

Innovation Management Resource Management Innovation