innovationsportfölj

An innovationsportfölj, or innovation portfolio, is a systematic collection of innovation initiatives and projects undertaken by an organization. It serves as a strategic tool for managing and prioritizing different types of innovation, from incremental improvements to disruptive breakthroughs. The primary goal of an innovationsportfölj is to balance risk and reward, ensuring a pipeline of future growth and competitive advantage.

The management of an innovationsportfölj involves several key processes. Firstly, it requires the identification and sourcing of potential innovation ideas from various internal and external sources. These ideas are then evaluated against strategic objectives, market potential, and feasibility. Secondly, the portfolio is structured to represent a range of innovation types, such as core innovations (improving existing products/services), adjacent innovations (expanding into new markets with existing capabilities), and transformational innovations (creating entirely new business models or markets). This diversification helps to spread risk and capture different opportunities.

A critical aspect of an innovationsportfölj is resource allocation. This involves deciding how to invest financial, human, and other resources across the various initiatives, aligning with the organization's overall strategy and risk appetite. Regular review and adjustment of the portfolio are also essential. This ensures that projects remain aligned with changing market conditions, technological advancements, and strategic priorities, and that underperforming initiatives are terminated or refocused. Effective portfolio management can lead to a more focused and impactful innovation strategy, maximizing the chances of successful new product or service introductions and long-term business sustainability.