Innovative management is a management system

The concept of "innovation" refers to the economic category and is the object of a kind of economic mechanism that affects certain processes associated with the creation and implementation of innovations, as well as various relationships in the economy. At the same time, we must not forget that the market is the place where such relations arise.

This economic mechanism influences innovations using special strategic management tools, which together form an innovative management. This is a system for managing various innovations, as well as the processes and relationships that arise in the process of their movement.

The basis of innovation management

The basic moments of this economic category are:

- purposeful search for ideas that will serve as the basis for a specific innovation;

- the organization of the innovation process for a certain innovation, which involves the implementation of a set of activities of the organizational and technical plan for converting the usual idea into an end product;

- the process of implementation and promotion of new ideas in the market.

Any of these directions should include a specific strategy and tactics. So, the strategy shows the direction with the way resources are used to achieve the goal. This method should correspond to a certain set of limitations and rules in making decisions.

Thus, innovative management is an economic category that uses effective tools such as a strategy that allows you to concentrate all efforts on a specific acceptable solution and a tactic that involves the use of certain methods and techniques to achieve the goal in each specific case. The main task of tactics is to choose the optimal solution that is most acceptable in each individual economic situation.

Innovative management is the perfect management system

Considering this category as a system, it is necessary to distinguish two main subsystems:

- managing as a subject;

- managed as an object.

The interaction of these two subsystems takes place in the sphere of information movement, which is directly a control process. In other words, innovative management is a process of development with subsequent implementation of an impact on an entity by a management entity. At the same time, such a development presupposes the collection, transfer and final processing of information with subsequent decision-making and determination of the control effect.

As the subject can act as one employee, and a group of employees, which is supported by using special methods of object functioning. The object of management is innovation, the process of innovation and economic relations in this area.

Specialized literature

Often in the research work of students (an example is coursework), innovative management considers one more element - an information product. This element appears as a result of the collection and processing of information with an assessment of its effectiveness of use.

We should not forget about the functions performed by innovative management, a textbook, for example, Dorofeeva V.D. Contains exactly the following: the functions of the subject (organization, forecasting, planning and coordination) and the functions of the management object (investment of investments, organization of implementation of the innovation process and promotion of innovations in the market).