Improving Innovation Management Decision-Making: Thinking Like an Innovator

Improving Innovation Management Decision-Making: Thinking Like an Innovator looks at firm-level innovation through the lens of management decision-making. It examines the ways of thinking, questioning, and behaving that constitute managers’ decision-making patterns about innovation. The report emphasizes the importance of taking steps to improve awareness, accumulate and draw on experience, and recognize and correct biases and errors in judgment. It also identifies decision-making techniques that firms could use to improve how they manage innovation processes, and presents a structured framework that highlights the questions managers should ask themselves and their teams in order to make better decisions.