Hard Facts and Interesting Insights on the Execution of Innovation

Innovation is vital for the survival of companies, but many struggle with execution. Organizational structure is crucial, as innovation requires lean structures and flexible processes. Milestones and budgets must be customized, and intercommunication between departments is essential. Integration of innovation and strategy is also critical, as they should be treated as integral activities. The Back End is the make-or-break point for ideas in the innovation process, and its execution is just as important as generating Big Ideas.