Effective Innovation Management in Strategic Planning
Rahul Reddy Nadikattu, INTERNATIONAL JOURNAL OF ENGINEERING, SCIENCE AND - Volume 9, Issue 5, May 2020, Pages: 106-116
11 Pages Posted: 10 Jun 2020
Date Written: May 14, 2020
Abstract
When designing how to structure an organization, administrative staff take into account a variety of things. Of these, the most ubiquitous challenge for management is typically how to ensure that the different departments within an overarching organization can operate together efficiently. This is exactly the goal of innovative management and strategic planning. By implementing a variety of techniques, companies can ensure that the goals of the different departments and employees align to a common objective. This process also can aid organizational management to establish the best and most efficient use of resources. By implementing innovation management in strategy planning information technology-based companies can fortify the strengths of the different departments and facilitate the overall success of the organization.
Keywords: Innovations, effective management, administration, strategic planning, challenges, organizations, objectives, techniques, small firms
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