Experience and research show that effective innovation management involves:

Question

Quizplus · Accepted Answer

Linking innovation to the corporate mission is essential for effective innovation management. It ensures that the innovation efforts are aligned with the company's overall goals and objectives, and provides a clear direction for the innovation initiatives. This helps to increase the chances of success and to maximize the return on investment. Imposing severe time pressures or relying solely on financial rewards can often lead to short-term thinking and a lack of strategic focus. A permissive-directive leadership style may be effective in some cases, but it is not a necessary condition for innovation management success.

Experience and Research Show That Effective Innovation Management Involves