Why it matters: innovation management capabilities

   Fig_1_17Megatrends such as technology disruptions, international competition and sustainability affect firms across all sectors and industries, creating new competitive and social challenges.

Fig_1_18Industries and sectors are also disrupted by new regulations, new customer needs and new technologies, forcing firms to reconsider the sustainability of their assets and activities.

Fig_1_26Small and large firms across sectors must place innovation among their strategic priorities if they do not want to suffer the fate of the dinosaurs.

Fig_1_19This implies developing innovation management capabilities to identify, select and capture the right innovation opportunities, in line with the firm’s ecosystem and strategy.

Bibliography

Megatrends: beyond hi-tech

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Industry and sector trends

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Innovation as a strategic priority

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Developing innovation management capabilities

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