Your innovation is governed by a process. Successful outcomes and productivity of your innovation efforts rely on people, methodology and tools. The whole company must be aligned around driving innovation.
The key success factors are:
a strategy that is coherent with the innovation’s initiatives
a visible every day involvement and support of your highest ranking management
a constructive co-operation of market professionals and technology experts
a carefully selected coach who will initiate, lead, orchestrate and sustain the innovation’s process
a well structured and risk-oriented development
a close cooperation with suppliers and customers
a competent idea management going beyond basic brainstorming
a development launch under relevant project structure
the use of global project portfolio management
a management of your knowledge and technologies taking advantage of intellectual property
a management of human resources which promotes diversity, motivation, team work and responsibility of all people involved