Boarding the Onramp to Drive Innovation
3 Pages Posted: 23 Oct 2014
Date Written: April 10, 2012
Innovation has become an integral part of increasing performance and competitiveness in the rapidly changing volatile business market. To effectively respond to the demands of innovation, the strategic decision making process has to encompass a broad spectrum of attributes which constructs and approaches environments are dependent upon the capabilities of the key areas aligning in order to create a positive outcome. Through the assessment of these strategies, leaders can develop an understanding of the strengths and opportunities to grow innovation.
Keywords: Strategy, innovation, decision making
JEL Classification: M00, M10, M19
Suggested Citation: Suggested Citation