15 best practices to manage and finance innovation
"To innovate is easy. The difficulty is to transform an innovation into real business." This quote from Michael Dell, founder of Dell, sums up the biggest challenge facing innovators in the 21st century. In a context of globalized competition, digital revolution and accelerated product life cycles, innovation is no longer an option but a pre-requisite to remaining competitive.
Published/updated:
18 February 2020
If you’re a senior decision-maker, and you want to boost your innovation strategy and grow your business both in the UK and internationally, this White Paper shows you how, with 15 best practices to successfully manage and finance your innovation:
- Vision and Open Innovation Strategy
- Business Model
- Innovation Governance
- Managing Risks
- Innovation Framework
- Innovation Projects Portfolio Management
- Open Document Structure
- Technology Readiness Level (TRL) Scale
- Economic and Technology Monitoring
- Project Risk Management
- Knowledge Capitalisation
- Protecting Innovation
- Partnerships
- Skills Management
- Resource Management
