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Benefits
future opportunities and threats.
ready for the future
redefine its business
avoid some costly mistakes in its current
R&D activities
BARRIERS IN TECHNOLOGY
MANAGEMENT
Lack of knowledge and training
Lack of long term focus – for
competitive advantage
Lack of risk taking
INNOVATION MANAGEMENT
WHAT IS INNOVATION?
Innovation Generation
Innovation Diffusion
WHAT IS INNOVATION
Doing new things
Doing old things in a new way
INNOVATION GENERATION
Identification of need for
innovation – how it will
change social life
Idea Generation – creativity
Idea Evaluation
Idea Selection
INNOVATION DIFFUSION
Adoption of innovation
PROCESS:
Awareness about innovation if from outside
Evaluation of appropriateness
Trial to check feasibility
Adoption of innovation
ISSUES IN Effective INNOVATION
MANAGEMENT
Learning Organisation
Knowledge Management
LEARNING ORGANISATION
Organisations adapt to environmental
changes
Proactive – learning organisation
Reactive
No-actions
Characteristics of Learning Org.
A learning organisation continuously creates culture for
better learning and development in organisation.
Employees of the learning organisation feel that they are
doing something good for themselves, for organisation
and for the society.
Every employee of learning organisation always learns
something to develop his/her ability.
Teamwork is given more importance.
Employees are free to share their personal assumptions,
feelings and ideas with eachother.
Employees are free to experiment and take risk.
There is a high level of trust and understanding among
the employees.
Creating Learning Organisation
PROCESS