Innovation Management

Building an innovative organization can be complex when you consider the structure and underlying culture of the organization. Innovation is basically about learning and change, and is often disruptive, risky, and costly. Creating or maintaining the appropriate organization that has the motivation to innovate involves several components which include:

shared vision and leadership
appropriate organizational structure
key individuals/stakeholders
effective teams
continuous improvement
positive organizational climate
Intra-organizational and inter-organizational focus

Complete the following table, expounding on the key features associated with each of the components listed above. The first row has been completed for you as an example.

Component Key Features
Shared vision, leadership Open communications, clear message and a shared sense of purpose