Reflecting on our Innovation Practices

New innovation frameworks are dominating the field, but it is essential not to forget the basics. Building engagement, leadership and involvement to foster a culture of innovation should remain a top priority. While the advances in digital transformation, Lean Management and Design thinking are significant, they still present challenges for integration. Innovation requires a balanced approach to old and new practices, and a constant focus on building capacities and competencies. Innovation managers need to build a solid foundation and re-calibrate their innovation process to navigate through constantly changing market conditions.