Innovation Management Tools and Techniques

Innovation management tools and techniques for incremental innovation focus on improving existing products, services, or processes gradually rather than creating something entirely new. These may include brainstorming sessions for new ideas, customer feedback surveys to understand needs, and performance metrics to track improvements. Techniques like prototype testing allow businesses to refine their offerings based on real-world use. By using these tools, companies can enhance their value, stay competitive, and respond to market changes effectively, ensuring that even small adjustments lead to significant benefits over time.