The Ultimate Guide to Innovation Management

The Ultimate Guide to Innovation Management

Innovation management refers to the processes and strategies that businesses implement to make innovation happen. It's not only about developing new products but also about changing the entire culture of the company to encourage continuous improvement. This article discusses why innovation is important for businesses, the different types of innovation, and common frameworks for managing innovation. It also explores key terms and phrases such as open innovation, co-creation, continuous improvement, disruptive innovation, and trend scouting.