Master of Business Administration in Innovation Management By research via distance learning
The innovation management program explores the planning and process behind coming up with ideas, turning them into action plans and developing them for business until they are enacted. It deals with what is required to "develop new ideas and transform companies," which basically means elements like creativity, development, prioritization and implementation and how to implement them, for example by launching new products or introducing new internal procedures. Innovation management allows the organization to respond to external or internal opportunities, using creativity to introduce new ideas, procedures or products.