Innovation Management
Manage organisation's ability to respond to internal and external opportunities by using creativity to introduce new ideas, processes and products
Type
Functional
Competency Area
General Management
Levels
Implement basic innovation plans
Review and adapt the role of innovation for the department
Develop innovative and growth mind-set in the department
Facilitate discussions on innovation creation to add value to operations and product offerings
Source shortlisted technologies to support development of new processes, products and services
Promote innovation knowledge sharing within the department
Evaluate business function workflows and performance to identify opportunities for innovation and improvement
Make recommendations on innovation initiatives for implementation
Oversee the implementation of innovation initiatives
Measure the effectiveness of innovation initiatives
Share innovation strategies
Initiate cross-industry innovation sharing strategies and platforms
Establish systems to support innovation within the organisation
Evaluate organisational innovation processes and procedures
Formulate processes and structures to enhance capability of the organisation to generate creative ideas for different purposes and different degrees of value
Lead activities to measure performance of newly proposed or implemented innovation initiatives against established benchmarks
Solicit feedback from stakeholders on implemented innovation ideas
Review pilot testing and/or prototyping results to determine feasibility of innovation initiatives
Filter and select suitable innovation initiatives
Explore the external environment for ideas and opportunities for innovation
Build culture of innovation
Build a culture of innovation within the organisation to encourage continuous improvement
Develop innovation frameworks that are in line with the organisation’s vision, mission and values
Influence development of innovation strategies aligned with long-term organisational objectives
Transform innovation practices
Inspire organisation and garner support for innovative endeavours
Incorporate innovation into leadership and management activities
Sustain innovative thinking and practices to support long-term organisational strategies