Innovation Strategy and Planning

Innovation Strategy and Planning in the context of Incremental Innovation Management involves developing a structured approach to improve existing products, services, or processes gradually. It focuses on making small, continuous enhancements rather than radical changes. This strategy includes identifying areas for improvement, setting clear goals, allocating resources, and involving team members in generating ideas. By systematically planning these incremental changes, organizations can enhance their offerings, respond to customer feedback, stay competitive in the market, and foster a culture of ongoing improvement, ultimately leading to sustainable growth.