Innovation
Innovation is a process where changes are identified and exploited as an opportunity
for an improved or even a different business. It is capable of being presented as
a discipline, capable of being learned, capable of being practiced. You need to
search purposefully for the sources of innovation and most importantly exploit the
opportunities when they arise.
Innovation Management
Innovation is the result of successful people, process, and technology changes that
enable a new level of productivity and performance.
Technology innovation is most often the first area of change considered since it
can often translate into to major improvements and cost savings. Yet it may not
yield maximum benefits by itself. In fact, major innovations often lie in waiting
within your organization with respect to people and process changes. Hence, you
may already have the innovation with your company - you just have to start engaging
with your people.
Innovation Development
Development of innovation ideas requires the alignment of your team. Survey of your
personnel will yield a variety of skills and help you understand the needs of each
role on your team. This then allows you to provide opportunity the relevant people
so that innovation can be fostered.
Innovation Research
The first step in innovation is research and you technical people may already have
valuable information already. Their knowledge of the literature, patent landscape,
conference proceedings, and their personal external networks are excellent sources
of information that point to promising technologies and developments in your industry.
Innovation Exhibition
Encourage innovation in your organisation by developing an internal innovation exhibition
that exhibits:
- The number of papers and scientific presentations in your commercial area interest
by your staff
- Compare the number of your patents to the patents in your commercial area interest
- What new developments or improvements in your business resulted from collaboration