Innovation Management Overview

As you will discover as you read through this site, the adage "innovate or die" will come up more than just a handful of times. This is because when it comes to the long run sustainability of your...

Something that has been occurring a lot more in recent years is the principle of continuous innovation. Continuous innovation is the idea that a firm is constantly improving itself and its products. Never...

In 2005 Kim and Mauborgne released a book called Blue Ocean Strategy and it turned the academic field of business strategy upside down. Up until this point corporate strategy was very militant in nature....

In order for innovation management to succeed, open communication and collaboration are necessary. While these concepts can usually be implemented without much hassle, issues can arise when companies have...

Startup companies present an interesting challenge for innovation management. On one hand, a young company tends to be quite pliable in its practices and implementing the changes required to align it with...

Though the concept of innovation management seems to lend itself naturally to the fields of science and technology, it can be implemented successfully in other industries. The manufacturing, government...

The concept of innovation has been present since the dawn of humankind, but fostering its efforts into a refined, yet still creative and vibrant process has been the subject of study for far fewer years....

Recent history has been witness to a landslide of innovation in the technology, communications, health and sciences industries which has significantly changed the way in which the world operates. Every...

As innovators it’s important to keep one thing in mind at all times: whenever innovation occurs we need to do so with strategy. There must be a guiding principle behind each decision we make, not just...

The innovation process was first laid out by a researcher named Gabriel Tarde in 1903 (Tarde, 1903). There are multiple processes that have been laid out by researchers in the last century, however Tarde’s...