Innovation management may seem like a game of luck, with companies rating themselves highly despite lack of success. Accenture's survey shows US executives overestimate their capability to achieve innovation goals, while playing it safe and failing to learn from mistakes.
Ventana Research discusses how work and resource management can help organizations overcome hurdles and maximize business value.
Open innovation is a process for companies to gather ideas from external sources to drive innovation. An open innovation funnel is a key component of this process.