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 success factors are rather unremarkable, yet difficult to achieve due to passion, vision, and intestinal fortitude.
The future of idea management involves an idea meritocracy where the best idea wins, building an ambidextrous and agile organization, and the rise of automation and artificial intelligence to make the work more efficient and effective.
