Master innovation management (MIT) is a practice that helps organizations manage change better and faster. It's not just a new tool or a different way of doing things. MIT is based on the understanding that innovation is a continuous, journey-based process with four essential stages: ideation, experimentation, development, and deployment.
Ideation is when you come up with new ideas. Experimentation is when you test those ideas to see if they work. Development is when you make them real by turning them into products or services. And finally, deployment is when you put those products or services into the world. You can also search online for more information about Master Innovation Management.
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There are a few key principles of MIT:
1. Master what you do best. Innovation happens when an organization Leverages its strengths to solve problems it knows better than anyone else. This means staying focused on what you do well and not trying to do too many things at once.
2. Embrace uncertainty. Innovation involves risk – both known and unknown – and successful organizations learn to live with this uncertainty by embracing learning opportunities and being open to change.
3. Build bridges between disciplines. Innovation doesn’t come from a single area of expertise; it comes from combining different disciplines to create something new and unique.
You can even search online for more information about master innovation management.