Successful Enterprise Innovation Management gets a new face

Like the rest of the world and its processes, enterprise Innovation Management has also evolved. Organizations that fail to recognize this evolution has remained in the archained state of innovation, even to the extent of not doing any innovation at all. The business of Innovation is not an easy concept to grasp for many. For many, a linear, day-to-day thinking is more or less all that is comfortable. For those who truly persue excellence in Innovation must also master managing the changing face of Innovation. To some ‘managing Innovation’ can be a falacy of concepts. However, identifying and appropriately fostering the applicable Innovation patterns, in an organization, can be the key to success in innovating.

The innovator’s dilemma, … affects companies whose success and capabilities can actually become obstacles in the face of changing markets and technologies. There is no more important an issue on the agenda of top management than driving innovation.

Along with the traditional techniques – ‘Measure Innovation’ , ‘The BCG Matrix’, ‘ The 20% free time for employees to spend on any project they like’ ; are in need of augementing with ‘Crowdsourcing‘ with specific and relevant context with the right amount of processing and filtering of the ideas. The below linked article, using namesInnocentive & BrightIdea to be two trailblazing in this space. The article even points to Change.Gov where our President Obama is using crowdsourced input to facilitate change.

How Can Web Tech Help Enterprises with Innovation Management? by Bernard Lunn

Other Related Articles:
Crowdsourcing: Consumers as Creators

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