- The diagram illustrates the innovations management process.
- It can be clearly seen that there are five steps involved in this process. The first step of product cycle is to understand clients. Followed by that the second step is about ideating with employees. After that, ideas are synthetized and tests and prototypes are built. And finally, the last step is to iterate and get feedbacks from clients.
- After analyzing the key aspects, it can be concluded that this diagram shows crucial information about innovations management process which is strongly supported by the data and facts.
