Business Innovation Framework
Innovation Capability Assessment Model (I-CAM)
Business Innovation Framework – An integrated perspective on Innovation Maturity in Business Organizations
This paper is based on the research as part of Master Program in Strategy and Innovation from the University of Oxford by the author and it’s further application of the innovation framework in few firms.
The subject of Innovation is protean and so are various notions on the same. This paper presents a pragmatic framework consisting of Innovation Drivers critical to Business organizations. The work is based on strong fundamental sources of inputs as Organization Study, Literature Research, Case Studies and Expert Discussions. The Framework called I-CAM has been developed predicated on the inputs and it comprises eighteen Innovation Drivers with numerical significance assigned to each. The Framework was comprehensively applied in three Business Organizations from sectors as TMT (Telecom/Media/Technology), Manufacturing and Services. The results were validated with success and the Business innovation Framework has been recommended for adoption in business organizations embarking on an Innovation journey.