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Strategic planning for the development of a training innovation

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Examines the strategic planning issues involved in starting and developing a training innovation. Highlights the growing European momentum behind innovation and the practical necessities for the systematic search for opportunity as well as the assessment of uncertainty in the timing of an investment decision. Analyses the strategic choices for a training innovation in a competitive market with a proprietary or a shared option. Finally, explores the implications for an organization in pursuing an innovation in the training process and proposes that the boundaries on an innovation are set by its scale, the application area and the requisite speed of response.
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Keywords: Europe; Innovation; Risk; Strategic planning; Training

Document Type: Research Article

Publication date: March 1, 1998

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