Innovations keep the world spinning.
The most vital theses are:
- If they meet market expectations.
- If they anticipate changing market demands correctly.
- If the upper management supports an open mind setting and a rewarding innovative culture.
- If there is an effective and Intellectual Property Right protecting innovation and knowledge management system available.
- There are many “Ifs”, Innovation Lead meansconverting all these “Ifs” into concrete actions from scouting, technology feasibility work, product creation all the way up to realising high Return of Investments.