Conclusion
Firm Strategy and Innovation Project Management
Quizzed article REF: AG2230 V2
Conclusion
Firm Strategy and Innovation Project Management

Author : Sandrine FERNEZ-WALCH

Publication date: August 10, 2018, Review date: January 29, 2021 | Lire en français

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5. Conclusion

The practice of innovation management has developed in companies in order to manage an uncertain, costly and disruptive activity alongside the day-to-day running of the business: innovation.

The main aim of innovation is to create, improve and renew goods, services and ways of doing things. Innovation serves the company's strategy.

Many companies have opted for a project-based approach to their product and process development processes, as well as their research projects.

But, as we have seen, project mode is not suitable for all types of innovation project. We need to differentiate the management methods for an innovation project according to its characteristics, and also according to its strategic importance for the company.

In multi-project environments (large number of varied innovation...

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