Innovation management in SME
How innovation management becomes a success in medium-sized businesses Innovation and innovation management are among the most important success factors in medium-sized businesses. Through product development and the introduction of service innovations small and medium-sized enterprises can achieve competitive advantages. Systematic idea generation, the design of innovation processes, the development of innovation culture and the […]
Risk management and innovation management
Risk management and innovation management: How risks are turned into opportunities One of the most common pieces of advice in crisis situations is “You have to look on the bright side and seize the opportunities.” But how does that actually work? How can companies identify and evaluate risks? And how can opportunities for innovation, greater […]
Innovation management success factors – How to prevent failures
Five success factors for your innovation management Digitalization has brought many benefits for innovation management. Companies work more flexibly, faster, and more effectively than ever before. Innovation strategies can be implemented more effectively if employees use principles of collaboration to jointly implement innovation projects. In this article you will learn about five important success factors […]
Five Key Principles for Successful Collaboration
Five Key Principles for Successful Collaboration Definition of collaboration Collaboration refers to a form of teamwork in which the collaborators contribute and complement their different strengths to achieve a common goal. The term is used in the context of business innovation, business leadership and project management. Especially in the process of ideation, idea generation, and implementation of innovative projects, […]
Free innovation software collaboration software
Innolytics® launches free innovation and collaboration software for enterprises and organizations Markets are changing faster. For companies of all sizes – from small enterprises to large corporations – business innovation is one of the most important competitive factors. Until today there has been a major problem: professional collaboration and innovation software is expensive. A major challenge, especially for small […]
Business Trends
The most relevant business trends for the decade of fundamental change The years up to 2030 will be the decade of fundamental change, in which business innovation and digitalization will transform markets even faster than in the previous ten years. From 2020 onwards, the speed of transformation and digital transformation will accelerate further. Business trends […]
Successful Innovation Management Process
Designing a successful innovation management process One of the main tasks in innovation management is to set up an innovation management process and monitor the progress of innovation projects. There are countless pieces of advice on what a perfect innovation management process looks like. For example, DOMO Chemicals, an international medium-sized chemicals manufacturer, has established […]
Innovation Management Checklist
Innovation management checklist – an overview of the 15 most important initiatives Business innovation and successful digitalization are among the key drivers of success in the future. More and more, the development and implementation of innovations in every area of the company is becoming a source of competitive advantage. In the past, innovation management was […]
Lean Innovation
Lean Innovation: Implementing business innovation faster and more efficiently In business innovation, the concept of lean innovation is based on a simple philosophy: More resources do not automatically lead to better innovation. In the lean innovation approach, budget constraints become the driver of a company’s idea management and innovation management. Innovation processes are deliberately kept […]
Innovation Strategy Inspiration
How inspiring is your innovation strategy? Take the test An innovation strategy has different purposes: It’s like a master plan for business innovation. It provides your idea management and your innovation management with a clear direction. It promotes digitalization and the development of digital business models. At the same time, however, an innovation strategy supports […]