Innovation Implementation
Successful implementation of innovation We have enough ideas, but we are struggling to implement them. Not surprising: The path from idea generation to the implemented business innovation is filled with obstacles. Technical challenges have to be overcome, customers do not understand the first product designs or even reject them, expected savings do not materialize immediately. The Innolytics® […]
Five Success Factors for innovative companies
Five success factors of highly innovative companies When implementing innovations, companies often ask themselves this question: What is more important? Is it the innovation process or the innovation culture of a company? Answers are provided by our innovation management study, which you can download free of charge: Processes are tools to channel and sort innovation projects from idea […]
Innovation Roadmap
How to create an innovation roadmap Innovation management is more than just standard project management. From idea development to successful innovation, there are numerous obstacles to overcome. The innovation process is characterized by a high degree of uncertainty. An innovation roadmap helps to manage these uncertainties. Instead of a rigid project plan with fixed tasks […]
Innovation management Process Domo Chemicals
Innovation management process at DOMO Chemicals – understanding as an elementary part of the creative process In this article you will learn about the innovation management process of DOMO-Chemicals, an international manufacturer of specialty chemicals. The company produces polymers for the automotive, textile and plastics industries at its sites in Leuna (D), Premnitz (D), Buford, […]
Innovation in SMEs
Five ways SMEs can innovate successfully Innovation in SMEs is subject to special conditions. Although effective idea management and innovation management is at least as important for the competitiveness of medium-sized companies as it is for large corporations, resources are often lacking. While large corporations employ innovation managers and have their own departments for innovation and […]
Innovation management – Trends 2020
Innovation Management – Trends 2020 Markets are changing – innovation management is changing too In recent years, classic innovation management has primarily dealt with the development of technical innovations, new products and innovative product features. In order to cope with these tasks, an innovation process was established in numerous companies, which provided a clear process […]
KPIs in the innovation process
The most important KPIs for your innovation process How to measure the success of your innovation management When is an innovation process efficient? What distinguishes successful innovation management? Companies evaluate the success of their innovation activities with different key figures. Some focus on quantity, i.e. the number of ideas. The others deal with the quality […]
The roles in an innovation process
Innovation management: The six most important roles in the innovation process In order for innovation management to be introduced and established sustainably in the company, different roles are required: Responsibles for the innovation process, innovation coaches, experts, method specialists, idea authors and submitters as well as experts. These six important roles ensure an lively innovation process […]
Innovation Management is changing
Why innovation management is changing faster than ever before Until recently the definition of innovation management seemed to be quite obvious: Creating and monitoring an innovation process in order to optimize business processes and develop new products. Due to increasing market dynamics and trends like digitization innovation managers today face more complex challenges. Innovation management […]