The story of a 4-year-old genius teaches us the importance of looking at all ideas democratically within companies rather than factoring in a power structure, in order to drive innovation.
Portfolio management is a crucial aspect of a complete innovation system. Innosight's Alasdair Trotter shared four steps to integrate portfolio management into your organization's existing structures.
Innovation must be approached systematically with clear goals and objectives. Creating an innovation strategy ensures coherency between innovation and business strategies.