Tibor Dőry

Innovation and excellence

Management methods for innovation transformation


Table 1. Estimated duration and cost of different stages of product development
Phase
Duration
Cost
0. "Here is an idea!"
 
 
1. Definition, description and draft plan
1 week
100 USD
2. Preliminary analysis
2 weeks
1,000 USD
3. Planning and specifications
1 month
10,000 USD
4A. Prototype development and testing
2 months
100,000 USD
4B. Market research
4C. Strategic alignment and risk analysis
5A. Scaling up and experiential tests
8 months
1 million USD
5B. Market tests
6A. Building a factory
16 months
10 million USD
6B. Promotion and market introduction

Innovation and excellence

Tartalomjegyzék


Kiadó: Akadémiai Kiadó

Online megjelenés éve: 2026

ISBN: 978 963 664 182 5

The aim of the book "Innovation and Excellence" is to inspire and encourage company leaders, managers, and experts to initiate and implement innovation transformations with the help of professional literature and corporate case studies. Another important goal is to help develop the innovation capabilities of small and medium-sized enterprises in particular by sharing simple, proven management methods that can be tested in practice.

The first part of the volume reviews the factors of corporate excellence and success, then highlights the possible sources of innovation, with a focus on the role of users and employees. The empirical section presents a detailed description of the supportive role of the workplace environment and creative working conditions based on corporate case studies (AUDI, BOSCH, MELECS). The volume concludes with a description of selected tested practical methods and management techniques that readers can try out in their own businesses.

Hivatkozás: https://mersz.hu/dory-innovation-and-excellence//

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