An end-to-end process of realizing ideas into valuable outcomes for the organization is what an innovation management program can achieve. But, mature innovation management requires direction and focus, and a strategy to bring together the elements of the front and back-end of innovation.
Organizations also need to master techniques for effective collaboration, across divisional boundaries, geographic locations, and beyond the organization itself. These techniques for collaboration allow us to:
To ensure ideas create value for the organization, we must go beyond idea generation, to connect it with the way an organization implements and delivers new sources of value. Innovation management means we are able to:
To create a sustained culture of innovation, we must embed this end-to-end capability into the fabric of how the organization works. This requires a careful consideration of the people, process, and technology which make up an innovation program.
At HYPE Innovation, we work across this spectrum of people, process and technology, to help our clients run successful innovation management programs.
See how Airbus has created a systematic approach to innovation management, with a global platform for all employees to share, collaborate, and develop ideas.