What Is The Role of Social Innovation Management?

What Is The Role of Social Innovation Management?

Social innovation management is the process of developing and using effective solutions to challenge social issues. It requires collaboration, innovation, and free-thinking to figure out the most effective solutions with minimal risk. Social innovation can help a company deal with financial issues and public relations. By ingraining an innovative value system in their employees, a company can improve productivity, and seek out resource groups to turn ideas into action. Social innovation management can lead to high returns, increase brand value, and reduce costs.