International Journal of Engineering, Science and Mathematics
  • Year: 2020
  • Volume: 9
  • Issue: 5

Effective innovation management in strategic planning

  • Author:
  • Rahul Reddy Nadikattu
  • Total Page Count: 11
  • Page Number: 106 to 116

University of the Cumberlands, United States

Online published on 4 January, 2021.

Abstract

When designing how to structure an organization, administrative staff take into account a variety of things. Of these, the most ubiquitous challenge for management is typically how to ensure that the different departments within an overarching organization can operate together efficiently. This is exactly the goal of innovative management and strategic planning. By implementing a variety of techniques, companies can ensure that the goals of the different departments and employees align to a common objective. This process also can aid organizational management to establish the best and most efficient use of resources. By implementing innovation management in strategy planning information technology-based companies can fortify the strengths of the different departments and facilitate the overall success of the organization.

Keywords

Innovations, Effective management, Administration, Strategic planning, Challenges, Organizations, Objectives, Techniques, Small firms