Defining organizational purpose and promoting alignment are critical factors for creating an innovation culture, and involve engaging all employees and establishing challenging goals to inspire and motivate everyone to contribute.
Innovation management is crucial for remaining competitive, but it can be a challenging task. ITONICS Control Objectives for Innovation Management (COFIM) framework provides a systematic approach to innovation.
Responsible innovation has become a central point of good business design to create a better future. Frameworks that encompass responsible research and innovation can sustain businesses and products.