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Flexible System Approach for Understanding Requisites of Product Innovation Management

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  • Abid Haleem

    (Jamia Millia Islamia)

  • Sanjay Kumar

    (Mahavir Swami Institute of Technology)

  • Sunil Luthra

    (Government Engineering College)

Abstract

Innovation may be a key towards business success and winning over competition prevailing in the market. Effective management of innovations may be recognized as a requirement to sustain the existing position of an organization and also to attract new customers for gaining a competitive advantage over other players in the market. Product innovativeness, regarding ‘new’/‘significantly improved’: features; functions, aesthetics etc., may be valued as an increasingly important research area in Indian context for domestic and international business sustainability. It has been attempted to identify and understand important requisites for product innovation management in Indian organizations. Literature review approach has been used for identifying requisites and benefits of product innovation management. AHP methodology has been used to understand the importance of requisites of product innovation management. ‘Total interpretive structural modelling’ has been utilized to develop and appropriately construe interpretive structural model of requisites and benefits of product innovation management. This paper may also help to practicing innovation managers of various Indian organizations to identify, understand and analyse ‘strengths and weaknesses’ of their organization in managing resources and activities involved in ‘product innovation management processes’.

Suggested Citation

  • Abid Haleem & Sanjay Kumar & Sunil Luthra, 2018. "Flexible System Approach for Understanding Requisites of Product Innovation Management," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 19(1), pages 19-37, March.
    • Handle: RePEc:spr:gjofsm:v:19:y:2018:i:1:d:10.1007_s40171-017-0171-7
    DOI: 10.1007/s40171-017-0171-7
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    Cited by:

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    2. Amit Kumar Gupta & Narain Gupta, 2019. "Innovation and Culture as a Dynamic Capability for Firm Performance: A Study from Emerging Markets," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 20(4), pages 323-336, December.
    3. Sourabh D. Kulkarni & S. G. Deshmukh & Vivek V. Khanzode & Anabela C. Alves, 2021. "Unifying Efforts to Rebound Operational Excellence and Export Competitiveness," International Journal of Global Business and Competitiveness, Springer, vol. 16(1), pages 1-15, December.
    4. Bekir Çağlar Bayhan & Oya Korkmaz, 2021. "Relationship between Innovation Management and Innovative Organizational Culture in Logistics Companies: A Study in the City of Mersin," Istanbul Business Research, Istanbul University Business School, vol. 50(1), pages 103-126, May.
    5. Chin, Tachia & Wang, Wannan & Yang, Meng & Duan, Yunlong & Chen, Yantai, 2021. "The moderating effect of managerial discretion on blockchain technology and the firms’ innovation quality: Evidence from Chinese manufacturing firms," International Journal of Production Economics, Elsevier, vol. 240(C).
    6. Miguel Afonso Sellitto & Domingos Rafael Ferla Valladares & Erica Pastore & Arianna Alfieri, 2022. "Comparing Competitive Priorities of Slow Fashion and Fast Fashion Operations of Large Retailers in an Emerging Economy," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 23(1), pages 1-19, March.
    7. Arun A. Elias, 2021. "Kerala’s Innovations and Flexibility for Covid-19 Recovery: Storytelling using Systems Thinking," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 22(1), pages 33-43, June.
    8. Sushil & Kamala Kannan Dinesh, 2022. "Structured Literature Review with TISM Leading to an Argumentation Based Conceptual Model," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 23(3), pages 387-407, September.

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