Most businesses processes and the different stakeholders involved work in isolation with little collaboration and the innovation process is no different
An end to end innovation process seamlessly connects all the parts of an innovation process from identifying the problem, identifying the right solution, commercializing the solution, and generating higher ROI from the process.
It helps an organization transition from having many single disconnected innovation projects to having a structured, connected, and repeatable innovation process
It allows all the stakeholders to work in tandem with each other bringing greater participation, collaboration, and productivity in the innovation process
Benefits of End to End Innovation
Allows an organization to align their innovation process with business strategies through greater collaboration and connection between all the different stakeholders
Leads to a faster and more efficient innovation process by reducing the duplication of efforts from having a structured and connected innovation process
Results in lower innovation related expenses as organizations can track every step of the innovation process and identify, develop/source and launch the right innovative solutions