Decision-making Tools to Support Innovation

Book description

Scientific thinking concerning the way in which we drive innovation has been widely developed in recent years. It is known that the process of innovation consists of a succession of decision-making processes that require simultaneous technical, economical, organizational and sustainable compromises. Indeed, all innovative activities in business require stakeholders to seek out the best compromise between various, often contradictory dimensions of the same problems.

Through studying practical cases from various fields (e.g. energy, marketing and sustainable development), this book addresses all the stages of the innovation process, highlighting some of the main decisions that can be faced by organizations.

Based on the historical research conducted at the ERPI Laboratory (University of Lorraine) in Nancy, France, this book presents six innovation practices: strategy, creativity, design, project management, human resources and capitalization of knowledge. These practices are then illustrated through examples of decision support methods' applications.

Table of contents

  1. Cover
  2. Table of Contents
  3. Title Page
  4. Copyright Page
  5. Foreword
  6. Introduction
    1. I.1. The innovation process and decision-making
    2. I.2. Multi-criteria decision-making
    3. I.3. Multi-criteria methods as a support for the innovation process
    4. 1.4. References
  7. 1 The Selection of Ideas During a Creativity Workshop: An Application of PROMETHEE
    1. 1.1. Context and challenges in decision-making
    2. 1.2. The PROMETHEE method
    3. 1.3. Application of PROMETHEE to the selection of ideas
    4. 1.4. To go further
    5. 1.5. The PROMETHEE method: instructions for use
    6. 1.6. References
  8. 2 The Upstream Phases of Product Design: An Application of AHP
    1. 2.1. Context and challenges in decision-making
    2. 2.2. The AHP method: analytic hierarchy process
    3. 2.3. Going further: the question of interdependence between criteria
    4. 2.4. AHP: instructions for use
    5. 2.5. References
  9. 3 Marketing Strategy During the Market Entry Phase: An Application of Rough Sets
    1. 3.1. Context and challenges in decision-making
    2. 3.2. The Rough Sets method or the theory of approximate sets
    3. 3.3. Discussion of the results obtained
    4. 3.4. The Rough Sets method: instructions for use
    5. 3.5. References
  10. 4 Building a Coherent Project Portfolio: An Application of MAUT
    1. 4.1. Context and challenges in decision-making
    2. 4.2. The MAUT method
    3. 4.3. To go further
    4. 4.4. The MAUT method: instructions for use
    5. 4.5. References
  11. 5 The Recruitment Process in Human Resources: An Application of ELECTRE
    1. 5.1. Context and challenges in decision-making
    2. 5.2. The ELECTRE method
    3. 5.3. To go further
    4. 5.4. ELECTRE: instructions for use
    5. 5.5. References
  12. 6 Knowledge Management in the Supply Chain: An Application of TOPSIS
    1. 6.1. Context and challenges in decision-making
    2. 6.2. The TOPSIS method
    3. 6.3. To go further
    4. 6.4. The TOPSIS method: instructions for use
    5. 6.5. References
  13. Conclusion
  14. List of Authors
  15. Index
  16. End User License Agreement

Product information

  • Title: Decision-making Tools to Support Innovation
  • Author(s): Manon Enjolras, Daniel Galvez, Mauricio Camargo
  • Release date: August 2023
  • Publisher(s): Wiley-ISTE
  • ISBN: 9781789450897