Understanding of Innovation

Innovation is a change in the thought process for doing something, or the useful application of new inventions or discoveries. Max McKeown

Innovation leads to the real improvements only when it is properly managed. The goal for innovation is to create additional value, to enable positive change, to increase productivity and performance. Innovation is the fundamental source of increasing wealth in an economy. It is important to distinguish between invention, new original ideas, and innovation, ideas applied successfully in practice

Managing of Innovation

We offer organizations a systematic approach of developing their own innovation strategy. We evaluate your current level of innovativeness, through assessment of organizational maturity and measuring environmental complexity. Based on the results of the analysis, we help you to set the development targets and plan the development projects. We develop business models supporting innovations and assist in their implementation.