Innovation portfolio management — an imperative for product innovation excellence

Advancing technology, global competitive pressures and dynamic market expectations have made businesses realize that their sustainability depends on their ability to innovate. Although innovation flourishes in nearly every small and big organization, most of it is still done in isolation and is sometimes not even linked to the company’s strategy. Research elucidates that not all … More Innovation portfolio management — an imperative for product innovation excellence

Enhance your Business Performance Management (BPM) framework

Business performance management helps link strategic planning objectives with key operational outcomes and is key to effective strategy execution. Globally, organisations are facing multiple challenges around managing the complex issue of business performance. They are rethinking their business performance management (BPM) framework to mitigate challenges such as insufficient actionable information, poor linkages between strategic and … More Enhance your Business Performance Management (BPM) framework

A more open approach to innovation

True to the spirit of the democratic ethos trickling down to the very grassroots of our societies globally, innovation is becoming increasingly democratic today. Companies have begun to realize that the best ideas do not necessarily only originate within the four walls.   Ram Sarvepalli, Leader- Advisory Services, India, Partner- Emerging Markets Center shares his viewpoints on a … More A more open approach to innovation

Innovation procurement and value creation

Innovation has become a buzzword for companies worldwide. Mention the word ‘innovation’ and most people begin envisioning extraordinary inventions created by solitary geniuses. Simply put, innovation is about unique ideas and/or knowledge that can be translated into new, usable products and services. This requires a great understanding of the need gap towards which the innovation is targeted. … More Innovation procurement and value creation