• DocumentCode
    2582481
  • Title

    A framework for managing the innovation process

  • Author

    Du Preez, Niek D. ; Louw, Louis

  • Author_Institution
    Dept. of Ind. Eng., Stellenbosch Univ., Stellenbosch
  • fYear
    2008
  • fDate
    27-31 July 2008
  • Firstpage
    546
  • Lastpage
    558
  • Abstract
    Successful innovation requires an integrated design process, i.e. integration in the design of the enterprise, the design of the product, as well as the design and implementation of new technologies. Such an integrated design effort requires good collaboration and management of the designs, and should be supported by efficient knowledge management techniques and tools. If innovation is to help a business grow and improve its competitiveness, it is also important to plan the innovation carefully. Though some ideas may just "fall from the sky" or "come out of the blue", an organisation should also have a strategic vision of how the business and the enterprise should develop. The Enterprise should not wait for the innovation to arrive arbitrarily, but rather proactively plan for innovation incorporating market trends, the competitive landscape, new technology availability, and changes in customer preferences and trends in order to create fruitful terroir conducive for innovative thinking. Such an enterprise will also pro-actively manage the knowledge supply chain that supports innovation. This paper presents a combined convergent and divergent approach for managing innovation within an innovation landscape that contextualise domains, role-players, decision points and knowledge network components . The Innovation management model specifically focuses on the use of roadmapping for planning and deploying innovation within a collaborative deployment environment. A case study illustrating the use of parts of the framework within the insurance industry is also presented.
  • Keywords
    customer satisfaction; innovation management; insurance; knowledge management; process design; product design; supply chain management; collaborative deployment environment; customer preferences; innovation process; innovative thinking; insurance industry; integrated design process; knowledge management techniques; knowledge network components; knowledge supply chain; product design; Collaboration; Collaborative tools; Innovation management; Knowledge management; Land use planning; Process design; Product design; Supply chain management; Supply chains; Technological innovation;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Management of Engineering & Technology, 2008. PICMET 2008. Portland International Conference on
  • Conference_Location
    Cape Town
  • Print_ISBN
    978-1-890843-17-5
  • Electronic_ISBN
    978-1-890843-18-2
  • Type

    conf

  • DOI
    10.1109/PICMET.2008.4599663
  • Filename
    4599663