Skip to content

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

Human in center of circles surrounded by circles and gears like a machine or process.

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...
First, second and third place trophies stand on a podium.

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...
Books on shelf in background, 2 books open on a desk.

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...
A shining star on top of a trophy.

FEI25 Honors to Recognize Six Innovation Luminaries

This year’s Front End of Innovation (FEI25) conference will celebrate the show’s rich history of innovation with the FEI Honors event. FEI Honors...
A shining star on top of a trophy.

FEI25 Honors Event to Celebrate Innovation Luminaries

This year’s FEI25 conference will celebrate the show’s rich history of innovation with the FEI Honors event during the show. The event will recogn...