The document outlines an innovation management framework that emphasizes strategic learning, market scanning, and business intelligence. It discusses the importance of technology assessment, cross-functional team collaboration, and the development of flexible objectives to enhance performance and adaptability. Additionally, it highlights the role of communication, employee involvement, and continuous improvement in fostering innovation.

1. Innovation Management Framework
Strategic Learning  Market Scanning
Market Classification
 Business Intelligence
 Stable
 Insights  Non‐filtered Data
 Fluid  Heterogeneous Team‐building
 Turbulent
Technology
Scanning
Dissemination,
Dissemination, Refinement, & Emergence
Refinement, & Emergence
Discovery/Creation
Technology
Strategic Strategy Strategy Performance
Vision Development Execution Evaluation
 Overarching  Technology Assessment  Translation of strategy into
 Financial metrics such as
Goals/Objectives action
 Strategic fit cash flow, ROE, breakeven,
 Manufacturing Flexibility  Communication and contribution to sales
 Development of Objectives &
Self‐organization/Idea Champions
 Financial Flexibility Goals for Technology  Project management  Internal process metrics such
BUSINESS INTELLIGENCE
OPPORTUNITY RECOGNITION
as quality outcome
 Marketing Flexibility  Cross functional input  Assigning accountability
STRATEGIC FOCUS
 Employee development and
 Knowledge/Skill Flexibility  Evaluation of competencies  Resource management
learning
 Simple Rules  Financing plan  Vendor management
 Customer satisfaction
 Communication  Engineering/ manufacturing  Employee role rotation
 Benchmarking
 Marketing plan  Customer input/feedback
 Lessons learned from
 Sales & distribution plan  Budgets missteps
 Front‐line employee
involvement
 Strategic alliances
 Customer input
People – Communication ‐ Leadership Cross‐functional Integration Continuous Questioning/Improvement ‐ Innovation
New Technology Classification
* Incremental * Radical * Quantum