Innovation Articles

By Dr. Ralph-Christian Ohr, Dr. Kevin McFarthing

Managing Innovation Portfolios – Strategic Portfolio Management

Sep-15-13

Facing increasingly dynamic and unpredictable environments, firms are required to develop convenient innovation strategies, constantly adapt them to changing conditions and properly implement strategically aligned initiatives throughout their organizations. Innovation portfolio management (IPM) can act as the pivotal tool to translate strategic objectives and priorities into project-based innovation activities. Furthermore, it provides a framework to convert raw ideas into real investment opportunities, based on their risk profile.
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