Innovation Management
Manage organisation’s ability to respond to internal and external opportunities by using creativity to introduce new ideas, processes and products
Type
Functional
Competency Area
Business Development and Strategy Management
Levels
Analyse work systems and processes
Analyse existing business function ideas, processes and products
Identify needs and opportunities for innovation initiatives within the functional area
Collaborate with involved parties to identify, discuss and develop effective ways of working
Conduct regular reviews to identify areas for improvement in facilitating innovation processes
Present ideas to relevant stakeholders for feedback to improve ideas and develop possible variations
Assist in pilot testing and/or prototyping to determine the effectiveness of innovation initiatives
Support implementation of innovation initiatives in the department
Create opportunities to enhance innovation capabilities within the functional area
Develop innovative and growth mind-set in the department
Facilitate discussions on innovation creation to add value to operations and product offerings
Source shortlisted technologies to support development of new processes, products and services
Promote innovation knowledge sharing within the department
Evaluate business function workflows and performance to identify opportunities for innovation and improvement
Make recommendations on innovation initiatives for implementation
Oversee the implementation of innovation initiatives
Measure the effectiveness of innovation initiatives
Establish systems to support innovation within the organisation
Initiate cross-industry innovation sharing strategies and platforms
Establish systems to support innovation within the organisation
Evaluate organisational innovation processes and procedures
Formulate processes and structures to enhance the capability of the organisation to generate creative ideas for different purposes and different degrees of value
Lead activities to measure the performance of newly proposed or implemented innovation initiatives against established benchmarks
Solicit feedback from stakeholders on implemented innovation ideas
Review pilot testing and/or prototyping results to determine the feasibility of innovation initiatives
Filter and select suitable innovation initiatives
Explore the external environment for ideas and opportunities for innovation
Foster a culture of innovation in the organisation to encourage continuous improvement
Build a culture of innovation within the organisation to encourage continuous improvement
Develop innovation frameworks that are in line with the organisation’s vision, mission and values
Influence development of innovation strategies aligned with long-term organisational objectives
Transform innovation practices
Inspire organisation and garner support for innovative endeavours
Incorporate innovation into leadership and management activities
Sustain innovative thinking and practices to support long-term organisational strategies