The document introduces the Innovation Portfolio Management Model as an alternative to traditional linear phase-gate models for innovation management. The model aims to address three pain points: aligning innovation with organizational strategy, managing a portfolio of ideas, and executing individual initiatives. It presents a new "value chain" with functions for strategy development, concept development, building an innovation portfolio across sustaining, incremental, breakthrough and disruptive categories, and execution with a feedback loop to ensure alignment. The full report is available on the American Institute for Innovation Excellence website.