Executing Innovation
What should every innovation have?
Individuals responsible for leading teams either occasionally, for example as project managers, or more permanently as team leaders or line managers.
- A clearly defined purpose in the market
- A low-cost prototype for testing and feedback
- Synergy between business skills, technology, and creativity
- Room for improvement
Each innovation lifecycle is unique, but there are certain elements that successful innovations have in common. This Business Impact explores four critical components of executing innovation.
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