Innovation Management

/ˌɪn.əˈveɪ.ʃən ˈmæn.ədʒ.mənt/

How an organization organizes for, allocates resources, supports and leads teams, and decides along the pathway from the initial inception of a business opportunity or idea until it has become a fully-fledged product, service, or business model so that it eventually will find a »happy home« in or outside the organization.

Professional innovation management also takes the necessity for leading teams and initiatives in its three playing fields differently into account and manages their respective innovation pathways accordingly.