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Review:

Innovation Management

overall review score: 4.5
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

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Last updated: Sat, Mar 1, 2025, 05:39:57 AM UTC