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Innovation Process

One of the featured categories on All Things Innovation, Process Innovation features a range of helpful information for the innovation professional. This includes open and advancing innovation, partnerships, startups, product innovation, scalable innovation, rolling innovation, corporate venturing, the metaverse, and more foundational knowledge for the process innovation expert and novice alike.

Process innovation refers to the creation and implementation of new or significantly improved methods, systems, or procedures within an organization to enhance efficiency, reduce costs, improve quality, and achieve better outcomes. It involves making changes or introducing novel approaches to how tasks, operations, or workflows are carried out, with the aim of optimizing the entire process.

Key characteristics of process innovation include efficiency enhancement, cost reduction, quality improvement, speed and throughput, resource optimization, customer satisfaction, and competitive advantage. Process innovation can take various forms, including automation, reengineering, Lean and Six Sigma methodologies, digital transformation, outsourcing, and business process reorganization.

Process innovation is a continual and ongoing effort within organizations. It requires a commitment to identifying opportunities for improvement, implementing changes, and monitoring the outcomes. Successful process innovation can lead to increased productivity, reduced operational costs, and a better ability to adapt to changing market conditions.

Articles

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Challenging the Innovation Mindset

So much about the innovation process stems from collaboration—within your group, with your teammates, with other departments such as marketing, stak...
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Improving Innovation Impact

All Things Innovation caught up with Milan Ivosevic, VP of R&D and Innovation at CooperSurgical Inc., during the recent FEI25 conference. In addition...
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Solving the Puzzle of Scaling AI

All Things Innovation met with Arvind Balasundaram, Executive Director, Commercial Insights & Analytics, Regeneron Pharmaceuticals, at the recent FEI2...
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Sparking the Spirit of Innovation in a New Era

The innovation community gathered at the recent FEI25 (Front End of Innovation) conference, where they looked to inspire out-of-the-box thinking, spar...
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FEI25: Harnessing Innovation, Growth, and Human-AI Synergy

FEI25, a conference for innovation experts and corporate changemakers, emphasized that successful innovation hinges on integrating human intelligence...
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Collective Intelligence: Driving Future Innovation at FEI25

The FEI25 Workshop Day on Collective Intelligence for the Future explored diverse frontiers of innovation, emphasizing how strategic collaboration and...
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FEI25: Reinventing the Human-Centered Innovation Process

The Innovation Excellence & Best Practices Track at FEI25 showcased how leading companies are reinventing their innovation processes by integrating AI...
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Championing Innovation Management

Artificial intelligence and other emerging technologies are changing the game when it comes to innovation management. The demands of the marketplace a...
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The Innovation Edge: Best Practices Defined

Corporate innovation is no longer a luxury, but a necessity for survival and growth in today's rapidly changing business landscape. This guide, create...