Role of innovative manager in the company

The article discusses the role of an innovation manager in a company. An innovation manager is an employee whose responsibilities are directed at developing new products, services, or processes. Organizations are increasingly looking for innovation managers, as the field of innovation research has expanded over the past three decades. Innovative managers have the skills of project management, strategic thinking and leadership. They are able to stimulate individual and collective creativity, create processes and procedures for ideas, prototyping and production. They can also balance risks with potential rewards for the work of their teams based on organizational tolerance for risk and organizational goals, as well as other factors. Innovation managers are usually creative and visionary, with the ability to see opportunities and business acumen to convey ideas from the visionary stage to production.