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.