• Gains profit from innovative activities.

  • Moves innovations to the right place at the right time.

  • Reduces the flop rate of innovations.

  • Leads creativity in the right direction.

  • Coordinates innovations within company strategy.

  • Establishes research and development as well as other innovation fostering departments at the right place in an organization.

  • Coordinates people from different departments, who speak different technological languages.

  • Fosters the flow of information and provides required learning.

  • Reduces obstacles and opposition as well as fear of change.

  • Uncovers opportunities which often follow innovation.

  • Establishes a control mechanism and analyzes the efficiency and effectiveness of projects.

| home |