The project execution follows the 1% inspiration, 99% perspiration concept.
There are two facets of innovation, first that is linked to identifying clues that encourage creativity in order to have great ideas, and the second one that is to make these ideas happen and thus turning them into profit.
This phase is the third phase of the project life cycle, the moment when ideas are transformed into reality.
In this phase, you assemble the project deliverables and present them for approval. Generally, project execution is the longest phase of the innovation project life cycle and also the most resource and time consuming.
Innovation Association of Professionals supports innovation projects further than their preparation phase into execution through proficient project management and coordination services., following these four simple steps:
Build basis for success with a good plan
Develop and grow efficient teams
Maintain control by robust decision-making
Communication and reporting