Social Innovation Strategy

A Social Innovation Strategy focuses on creating new solutions to social problems by combining innovative ideas with practical strategies. In Strategic Innovation Management, it involves identifying challenges within communities or societies and developing sustainable initiatives that address these issues while also achieving organizational goals. This approach emphasizes collaboration among stakeholders, including businesses, governments, and non-profits, to foster change that benefits society as a whole, rather than just generating profit. Ultimately, it seeks to enhance quality of life while driving innovation and growth within a framework of social responsibility.