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

In: Changing the Dynamics and Impact of Innovation Management A Systems Approach and the ISO Standard

Author

Listed:
  • Jimmi Normann Kristiansen
  • Daniel Witthaut

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.

Suggested Citation

  • Jimmi Normann Kristiansen & Daniel Witthaut, 2022. "Evonik Industries AG: Capability Building for Strategic Innovation in the Innovation Management System," World Scientific Book Chapters, in: Joanne Hyland & Magnus Karlsson & Ingrid Kihlander & John Bessant & Mats Magnusson & Jimmi Kristians (ed.), Changing the Dynamics and Impact of Innovation Management A Systems Approach and the ISO Standard, chapter 7, pages 85-101, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9781800612105_0007
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    More about this item

    Keywords

    Innovation Management System; Innovation Management; Innovation; Standards; System;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O36 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Open Innovation
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights

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