What is Innovation Engineering?
Innovation Engineering: A framework to create or transform anything aided by aligning human talent. This framework offers practical guidance useful in large firms, research labs, new ventures, or even innovative student projects.
Why is Innovation Engineering needed?
It is needed because smart teams with talented people and good plans often fail. Lots of activity does not always result in progress or insight. Slide presentations do not result in real life execution. Teams who use Innovation Engineering in their projects get higher quality results, they have 2 to 4 times more productivity, and they even feel happier about their projects.
How is it different from other approaches?
Innovation is complex and requires 2 fundamental components:
- Story narrative: This may include a system level technology strategy and business model.
- Execution while learning - Inductive learning allows discovery to happen during project execution which is needed for innovation.
- Human side of innovation: The team must work with the correct mindset, behaviors, and leadership
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