Taking a Strategic Approach to Fostering and Managing Innovation

You are here

Taking a Strategic Approach to Fostering and Managing Innovation

Advisor
Posted October 26, 2017 in Business Technology & Digital Transformation Strategies


Figure 1 — Positioning innovation within a big data strategic approach

Businesses judge innovation in terms of the value it provides in either handling existing problems or tapping into new opportunities. A frameork such as BDFAB is most helpful in channeling an organization’s innovation efforts.