Description
Innovation is the most desired change. It is important for businesses to discover the needs of innovation as the first step. Innovation has a wider scope in the digital age. Change that is most desired is innovation. It can create innovative products and services that propel a company to the next stage of its growth cycle, as well as evolutionary business models that go far beyond simple internal process optimisation or incremental product improvement.
The word “innovation management” is a methodical learning process that aims to generate, recognise, hone, and apply new ideas that add value in order to address perceived obstacles and take advantage of possibilities that have arisen or may arise in the future. In simple term it means having a systematic approach for making the organization constantly better in the long run.
This edited book deals with Innovative practices in Management. It includes several chapters written by seasoned researchers and academicians in a range of management-related topics. The majority of the articles that these researchers have submitted are the result of their diligent and ongoing research over an extended period of time. This book is a compendium of recent innovations conducted by academics and researchers in the subject of management, organised into chapters. The study results that are included in this book come from a variety of innovative management-related fields. The book is meant to benefit academics as well as professionals in their field.
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