Browsing by Author "Jacobs, Pierre Malan"
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- ItemInnovation management : from a conceptual framework to the design and development of an idea management tool(Stellenbosch : Stellenbosch University, 2022-04) Jacobs, Pierre Malan; Dirkse Van Schalkwyk, TheunsENGLISH SUMMARY: Large corporations are often disrupted by innovative organisations and then they lose their competitive advantage. For organisations to survive today’s competitive marketplace, it is crucial for them to be innovative. Therefore, it is important for organisations to manage their innovations effectively to ensure that their business grows and remains relevant. Managing innovation is not an easy task and requires that many different components of an organisation and its market should be in place and are managed well. Organisations should not take innovation lightly, but they should ensure that it is managed with care, just as they manage any other resource. Many times, organisations do not know where to start managing their ideas and innovations so that they can increase their competitive advantage. The research seeks to find all the different factors within the organisational and external domains that need to be taken into consideration when dealing with innovation. The different factors are used to develop a conceptual framework that describes the different concepts and their relationships with one another. The concepts are obtained from literature and then categorised and synthesised to form the conceptual framework. The conceptual framework does not aim to be an improvement of existing innovation models, but rather to give an understanding of the factors that need to be taken into consideration when organisations want to start the journey of managing their innovations. In order to validate the conceptual framework, an idea management tool is developed that assists with the implementation of an innovation strategy and framework at an organisation that wants a more defined and official innovation management process. The result of the research is a conceptual framework that can be used by organisations to assist with the development and implementation of an innovation strategy. It could also give a better understanding of the innovation management sphere and where to start, in order to implement it. The framework also highlights where idea management tools can be useful within the process to assist organisations with managing innovations effectively.