Innovation Management
Create value and differentiation through new and improved processes, products and/or services
Type
Functional
Competency Area
Productivity and Innovation
Levels
Carry out innovation initiatives
Execute innovation initiatives by following directions to ensure alignment with business goals
Apply project management techniques to carry out implementation steps
Implement innovation initiatives
Assess customer preferences through surveys and market research
Evaluate work systems and processes to identify opportunities for innovation
Implement innovation initiatives within business functions in accordance with innovation strategies of the organisation
Identify and mitigate risks during implementation
Develop innovation initiatives and strategies
Determine opportunities for innovation and improvement based on business unit performance and customer feedback
Provide solutions to mitigate risks and barriers to successful innovation implementation within business units
Oversee the implementation of organisational innovation strategies
Evaluate the effectiveness of innovative initiatives against the goals of business units
Formulate innovation strategies to develop new ways of pursuing business goals and operations
Analyse the competitive landscape of the organisation
Prioritise business functions which are in need for innovation
Develop innovation strategies across business functions
Define unstated customer needs and innovation opportunities
Articulate the rationales for innovation and success measures for innovation initiatives
Establish systems to support innovation within the organisation
Evaluate the risks of innovation to business units across the organisation