Innovation accounting involves measuring progress through relevant KPIs, with separate sets for innovation projects. Cannibalisation should be seen as a positive KPI.
Microservices can increase a business’ agility, but require exceptional project management. This approach to application development breaks large projects down into small parts, requiring minute detail in planning and constant updates.
Innovation is a crucial aspect of economic growth and overall societal well-being. Through new technologies and ideas, innovation offers solutions to critical problems that enhance society's capacity to act. This article explores the importance of innovation at both the macro and micro levels.