Managing Innovation Flashcards

1
Q

What are the 4 key functions of managing innovation?

A

plnaninnig , organising ,controlling and leading

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2
Q

Examples of project planning techniques

A

barr chart , gantt chart

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3
Q

why are organisational structures implemented

A

to determine who will be employed and how will we organise ourselves

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4
Q

What are the 3 different leadership roles?

A

brokers, product champions and godfathers

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5
Q

Why does innovation failure occour?

A

Either technological or management

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6
Q

Why is innovation hard to manage?

A

because spontaneous and uncertain

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7
Q

Case study for innovation management

A
APT train
shows innovation failure
importance of management
no prototype
issues with tilting mechanisms

impacts - repuation and additional costs

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