Innovation management involves creating, evaluating, and implementing new ideas. Different processes can be adopted, such as push vs. pull, phase-gate, and lean startup.
Innovation is necessary for a corporation's economic progress as it keeps them ahead of the competition. This article focuses on the difference between incremental and radical innovation and how to benefit from both.
Innovation leaders need to reward both outputs and inputs of their teams, offering intrinsic and extrinsic motivators throughout the year.
