Management is Dependent on Data
In any aspect of business management, whether it’s managing teams, projects, or intellectual property (IP) development, leadership needs to know they can fall back on data to tell them if they’re achieving their objectives. Staying abreast of specific outcomes is crucial to resource or budget management, assigning team members to the most productive roles, and communicating the next steps necessary for success. Many innovation teams hit an obstacle, however, when they try to organize that data and convey the most important messages to their colleagues. That’s where visualization and reporting tools come in.