Evonik Industries AG: Capability Building for Strategic Innovation in the Innovation Management System

Jimmi Normann Kristiansen and Daniel Witthaut

Chapter 7 in Changing the Dynamics and Impact of Innovation Management:A Systems Approach and the ISO Standard, 2022, pp 85-101 from World Scientific Publishing Co. Pte. Ltd.

Abstract: This chapter describes and analyses the journey of the development of an innovation management system at Evonik Industries, one of the world’s leading companies in speciality chemicals. Evonik started a pilot for enhancing their innovation management system in 2013, focusing on the core area of augmenting the strategic innovation capability of the company. Through a series of intensive workshops and work with innovation opportunities carried out from September 2017 through February 2020, Evonik identified several specific, idiosyncratic areas related to business model option experimentation, business vision, stakeholder management and iterative learning from opportunities that were distinct from the incremental innovation project management. The case similarly aided understanding of how existing metrics and project evaluation systems within Evonik benefited from adjustments to secure a better fit with strategic innovation in the company. The case reveals and raises the question whether the innovation management system standard touches upon “one innovation management system” or comprises two subsystems, each optimised for incremental and strategic innovation, respectively.

Keywords: Innovation Management System; Innovation Management; Innovation; Standards; System (search for similar items in EconPapers)
JEL-codes: O3 O31 O32 O36 (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.worldscientific.com/doi/pdf/10.1142/9781800612105_0007 (application/pdf)
https://www.worldscientific.com/doi/abs/10.1142/9781800612105_0007 (text/html)
Ebook Access is available upon purchase.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:wschap:9781800612105_0007

Ordering information: This item can be ordered from

Access Statistics for this chapter

More chapters in World Scientific Book Chapters from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().