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INNOVATION UPDATE FEBRUARY 2019NEWS 78 parks completed retrofits in 2018 vs. 50 in 2017 315 new attractions were installed vs. 162 in 2017 ×7.4 million in incremental network sales due to new attraction
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Start by reviewing the previous innovation update to understand the format and content required.
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Who needs innovation update?

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Innovation managers or leaders who are responsible for tracking and monitoring innovation projects.
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Stakeholders and decision-makers who require regular updates on the progress of innovation initiatives.
03
Team members and collaborators involved in the innovation project to stay informed about the latest developments.
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Investors or funding organizations who want to stay updated on the progress and potential impact of the innovation.
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Industry experts or analysts who are interested in tracking the innovation trends and advancements in a specific field.
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Innovation update is a report that details any new advancements in technology, processes, or products within a company.
Usually, employees who are involved in research and development or product innovation are required to file innovation update.
To fill out innovation update, employees need to provide detailed information about the new innovations, including descriptions, impact on the company, and implementation plans.
The purpose of innovation update is to keep stakeholders informed of any new developments in the company's innovation efforts.
Information such as the description of the innovation, its potential impact, implementation plans, and any challenges faced must be reported on innovation update.
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