Governance of Innovation
Innovation Management System
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Leading Innovation Governance
Leadership drives innovation, establishing frameworks for successful, strategic advancement.
Set Vision
Leaders define clear innovation goals, inspiring future endeavors.
Allocate Resources
They provide essential funding, talent, and time for new projects.
Foster Culture
Leaders cultivate environments where experimentation and learning thrive.
Cultivating a Perpetual Innovation Culture
Navigating Innovation's Perils
Identify Risks
Proactively uncover potential innovation failures and challenges.
Assess Impact
Evaluate the probable consequences of identified risks occurring.
Mitigate Controls
Implement strategies to reduce risk likelihood or severity.
Monitor & Review
Continuously track risks, adapting controls as needed.
High-Performance Solutions
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Monitor
Track key innovation activities and relevant metrics.
Measure
Quantify innovation outcomes against defined objectives.
Analyze
Interpret data to find trends and performance patterns.
Evaluate
Judge system effectiveness against ISO 56001 requirements.
Audit
Conduct internal checks for conformity and improvement areas.
Review
Management assesses system suitability, effectiveness, and future direction.
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