Innovation Management

Innovation management involves systematizing processes to generate, evaluate, and implement new ideas across an organization. Practitioners establish frameworks, governance structures, and resource allocation methods that move concepts from ideation through piloting to scaling, while managing associated risks and organizational change. This skill is used to maintain competitive advantage, accelerate product and service development, and foster a culture where employees at all levels contribute strategic improvements to business operations.

Innovation Management sits under Innovation and Intrapreneurship in the Entrepreneurship & Venture domain of the Luminid skills catalogue.

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