Innovation Management: Context, strategies, systems and processes

Description

In a world of increasingly sophisticated customer needs, innovation is becoming central to corporate growth and prosperity, and is being recognised as a source of vitality and competitive advantage. What do we mean by ‘innovation’, and what must companies do to leverage it in order to support their short-term objectives and long-term strategies? This book attempts to answer these questions by progressively building up a common understanding of innovation and creativity, positioned strategically against business needs, and exploited through innovation frameworks and best-in-class practices.  Throughout the book, a series of examples and case studies are introduced to aid understanding and provide insights across many industries and business scenarios.  Cover Innovation Management Brief Contents Contents Preface Acknowledgements Part 1 Understanding innovation and creativity Innovation in context Learning outcomes The importance of innovation Defining innovation Innovation, trade and globalisation Competitiveness, innovation, the nation state and the innovation milieux Conclusion Questions End case study References Creativity and innovation Learning outcomes Introduction Approaches to creativity Creativity and the creative process Theories of organisational creativity Creativity techniques We’ve been creative: now what? Conclusion Questions End case study References Part 2 Strategic focus – setting a direction Strategy and innovation Learning outcomes Introduction Strategy, strategic capability and competitive advantage Generic strategies for innovation Innovation strategies over time Strategic alternatives: mapping for innovation options Innovation ecosystems: a network strategy perspective Conclusion Questions End case study References Technology strategy Learning outcomes Introduction Technology life cycle Strategic management of technology Conclusion Questions End case study References Part 3 Structure for new product development – frameworks Innovation process management Learning outcomes Introduction Evolution of innovation process management systems Components of the generic NPD framework New service development models NPD practices in non-profit organisations Product development performance Modern developments in managing the NPD process Conclusion Questions End case study References Optimising innovation decision making and portfolio management Learning outcomes Introduction Decision making in NPD frameworks Portfolio management in NPD frameworks Integrating portfolio management practices into NPD governance Conclusion Questions End case study References Innovation performance measurement Learning outcomes Performance management in the modern business context The measurement conundrum Performance measurement Performance measurement and innovation Conclusion Questions End case study References Part 4 Aligning people – culture and structure People, leadership and structure for innovation Learning outcomes Introduction What makes a firm creative? Innovation firm types Organisation structures for innovation Individuals in innovation Conclusion Questions End case study References Culture and climate for innovation Learning outcomes Introduction Culture and climate Organisational culture and effectiveness Managing culture for innovation and creativity Conclusion Questions End case study References Innovation in a global world Learning outcomes Drivers of globalisation Evolution of business in the global environment Configurations and structure for global innovation Innovation subsidiary location and management Conclusion Questions End case study References Part 5 Execution within a structured development process Market learning Learning outcomes Introuduction Innovation and change Market learning and understanding New techniques for market understanding The market and customer needs: peering into the looking glass Conclusion Questions End case study References Design and manufacture for innovation Learning outcomes Importance of design The interconnection between design and manufacturing Manufacturing strategy and innovation Conclusion Questions End case study References Supply chain management and innovation Learning outcomes Introduction Supply chains Supply chain interface with innovation Conclusion Questions End case study References Knowledge management and learning for innovation Learning outcomes The knowledge-based economy Defining knowledge and learning Knowledge and learning Knowledge management strategies Managing external knowledge Knowledge dissemination, co-location and IT Conclusion Questions End case study References Index