Showing posts from November, 2005

Innovation Management Process

Many people think that innovating only has to do with inspiration, creativity and good ideas. But Innovation has a lot more to do with hard work, systematization, and ability to implement the good ideas that anyone can have.

With this in mind, we can define and implement in almost any organization an innovation management process, that identifies subprocesses that involve all the organization staff.

The first subprocess of innovation mamagement process is Current situation analysis, this is, try to think about the organization innovation level within its sector (this would be the "innovation degree") and its attitude towards innovation (this would be the "innovation capacity").

Once this thinking process has started, it is time to identify and priorityze the innovation projects that will improve the company situation in innovation degree and capacity.

The third step in this process is to find ways for project financing, and this ways can go through public funds, risk …