Global Innovation Management: Definition, Strategy, Examples

Global Innovation Management: Definition, Strategy, Examples

Global innovation management is the structured process of generating and prioritizing valuable ideas within an organization. The practice of crowdsourcing innovation encourages active participation and produces new products, enhances success, improves development, and introduces cost-reducing techniques. Strategies for successful global innovation management include creating conversations, nurturing the internal side of open innovation, running awareness campaigns, introducing a common space, and being transparent. Apple, Singapore Airlines, and Dupont provide global innovation management examples for organizations worldwide.

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More Innovation Resources:

How Do You Create an Innovation Culture?

Building an innovation culture involves articulating values and behaviors, enabling learning and practicing of those behaviors, reinforcing desirable behaviors, and reviewing and adapting as necessary.

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The Power to Innovate: Conference Report

Invention Machine held a conference in Boston on their innovation software platform, Goldfire, that helps automate innovation tasks and boost performance.

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It’s More Fun To Be A Pirate In The Navy

It’s More Fun To Be A Pirate In The Navy

Innovation within large companies faces many hurdles, including resistance from leaders and a focus on exploiting current success. The book "Pirates in the Navy" explores how intrapreneurs can transform their companies to support innovation.

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