Innovation Charter

Definition of Innovation Charter

✅  Related keywords: product development, tools, opportunity management

📖  What is an Innovation Charter?

A method of opportunity management that works well for established organizations. It has 4 sections: the background (situation analysis), the focus (outlining technological and market dimensions), the goals and evaluations mechanisms, and the guidelines for the opportunity imposed by management. The Product Innovation Charter is for example used for new product development.

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