This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting‐edge research and case studies.
The paper is prepared by an independent writer who adds their own impartial comments and places the articles in context.
Studies into different organization types often overlook family‐run enterprises. But research is important because the structure of such organizations can have a considerable influence on their approach to issues like innovation and new product development (NPD). Indeed, the family variable has the power to moderate the impact of other factors on the chance of successfully executing such activities. Scoring a hit is difficult enough in the first place. There is never any guarantee of success and failure rates are costly and alarmingly high. Risk and uncertainty thus remain the norm where innovation is concerned. In order to unearth those winning products, companies need to excel in all the right areas. These include the processes associated with NPD, organizational capabilities and culture, leadership and the NPD strategy.
The paper provides strategic insights and practical thinking that have influenced some of the world's leading organizations.
The paper saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy‐to digest format.
