The document discusses how social technologies are changing innovation management in companies. It outlines an innovation management process that is more open and collaborative, involving customers, employees, and crowdsourcing ideas. It also discusses how this requires integrated systems and a culture change within companies to support continuous and disruptive innovation. The process begins with sourcing and collecting ideas, then developing, evaluating, and selecting ideas. It continues through producing the ideas by designing, executing, collecting feedback, and analyzing the results.