In a minimum of 175 words,Â Employees at any level could have the ideas that move a company forward. The key is how aÂ managerÂ collects, cultivates, and encourages the development of these innovative ideas.
Explain the importance of establishing well-defined steps to strategically manage an organizationâ€™s innovation development process. Provide an example of the benefits of a formal process and some of the pitfalls that may be encountered with an informal process or with no process at all.
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