This is a presentation on the topic innovation management. It discusses its definition, importance, key aspects and the ideas on how to have a successful innovation management

1. INNOVATION
MANAGEMENT
D I S C U S S A N T : M S . L E A S H E R A I N E A . N AVA R R O

2. OUTLINE OF THE DISCUSSION
•Definition of Innovation Management
•Importance of Innovation Management
•The Key Aspects of Innovation
Management
•Ideas for Successful Innovation
Management

3. WHAT IS INNOVATION MANAGEMENT?
•Innovation management is the process of
coming up with and introducing new
things and developing the business, one
way or the other.
•Innovation management helps an
organization grasp an opportunity and use
it to create and introduce new ideas,
processes, or products.

4. WHAT IS INNOVATION MANAGEMENT?
•According to Gartner, innovation management
is a structured process of generating, capturing,
discussing and improving, organizing,
evaluating and prioritizing valuable insight or
alternative thinking that would otherwise not
have emerged through normal processes.

5. IMPORTANCE OF INNOVATION
MANAGEMENT
•It Amplifies
Employee
Engagement.

6. IMPORTANCE OF INNOVATION
MANAGEMENT
•It Amplifies
Employee
Engagement.

7. METHODS TO SUSTAIN EMPLOYEE
ENGAGEMENT
•Add Gamification Elements
•Develop a Communication Strategy
•Keep the conversation going.

8. IMPORTANCE OF INNOVATION
MANAGEMENT
•It helps you identify
and implement the
best ideas.

9. IMPORTANCE OF INNOVATION
MANAGEMENT
•It helps you identify
and implement the
best ideas.

10. WAYS YOU CAN UTILIZE INNOVATION
MANAGEMENT TO IDENTIFY, DEVELOP,
AND IMPLEMENT VALUABLE IDEAS.
•Harness employee expertise
•Capture creativity from outside sources
•Unleash the competitive instinct.
•Streamline idea workflows.

11. IMPORTANCE OF INNOVATION
MANAGEMENT
•It Can Ensure Outstanding
and Repeatable ROI

12. THE KEY ASPECTS OF INNOVATION
MANAGEMENT
Capabilities Structure Culture Strategy

13. IDEAS FOR SUCCESSFUL INNOVATION
MANAGEMENT
• Involve everyone and create conversations
• Do not push employees, pull them in
• Run Awareness Campaigns
• Introduce A Common Space For Innovation With An
Innovation Management Tool
• Transparency
• Rewards And Recognition

14. EXAMPLE:
• Google: Google was the first
company to create a business based
on innovation. Google founders
Larry Page and Sergey Brin
addressed in their 2004 IPO letter
that “We support our employees to
contribute 20% of their time to work
on the innovation that will benefit
organization.”

15. EXAMPLE
General Electric: In the early 1900s,
GE developed the renowned
industrial research laboratory.
Innovation bought GE to the
uncontrolled process of scientific
discovery and, over the next 50
years, won more patents than any
other company in America.

16. REFERENCES
• https://acuvate.com/blog/innovation-management-importance-ideas-examples/
• https://www.cleverism.com/skills-and-tools/innovation-management/
• https://hbr.org/2006/02/the-why-what-and-how-of-management-innovation
• file:///C:/Users/hp/Downloads/InnovationandInnovationmanagementRoutledge.pdf
• https://www.business2community.com/brandviews/qmarkets/why-innovation-
management-is-important-for-your-company-3-strategic-reasons-02280605

17. THANK YOU SO MUCH!

18. PH DDS 317
DEVELOPMENT AND MANAGEMENT
OF INNOVATIVE PROGRAMS
Submitted by: Submitted to:
LEA SHERAINE A. NAVARRO DR. ROSANNA GONZALES
Student – PhD in Development Studies Professor
Republic of the Philippines
Urdaneta Campus
School of Advanced Studies
PangasinanStateUniversity