Review:
Innovation Management
overall review score: 4.5
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score is between 0 and 5
Innovation management is the process of managing innovation within an organization to effectively implement new ideas and bring about positive change.
Key Features
- Idea generation
- Idea evaluation
- Resource allocation
- Project planning
- Risk management
Pros
- Encourages creativity and idea generation
- Helps organizations stay competitive in the market
- Improves efficiency and productivity
Cons
- May require significant resources and investment
- Can be challenging to implement in traditional organizations