Management tools for innovation Many science-and-technology-related organizations innovate for a time, successfully exploit their innovations to gain status in their industry or field of research, and then stagnate. Well-established management principles can help the leaders of an organization sustain innovativeness and even recover from a period of stagnation, if applied correctly and vigorously. This chapter explores some of these principles as well as relevant tools and techniques that may help leaders of firms ensure they remain leaders in their industry. We do not have to look very far to draw up a list of successful firms that later became less successful. Indeed, Thomas J. Peters and Robert H. Waterman's (1982) famous study of successful firms in the 1980s that were then less than successful in the 1990s is a useful reminder. Firms such as Disney, IBM, Ford, General Motors, AT&T, and Philips can all be found here.
|Title of host publication||Leadership in science and technology: a reference handbook. Vol. 1, General principles|
|Editors||William Sims Bainbridge|
|Place of Publication||Los Angeles|
|Publisher||SAGE Publications Inc.|
|Publication status||Published - 2012|