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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

Leveraging Data Analytics to Drive Innovation

Insights, data and analytics can often work in close partnership with innovation to drive product and service development. Indeed, supporting the inno...

Generating Innovation Through Ideation

Ideation is often confused with innovation, along with other related terms regarding the creative process, such as brainstorming or design thinking. W...

Choosing Open Innovation for A Positive Collaboration

Call it a gateway to creativity. Creating new pathways to growth, open innovation can be a key tactic that a company can use to open new doors, spark...

Defining Disruptive Innovation

Disruptive innovation is often a phrase used to make a splash in the business world. Some may debate that the label has been applied carelessly at tim...

Setting the Stage for Product & Brand Innovation

Product innovation and brand growth are often tied together, as it is often said that you can’t have one without the other. Yet in a world filled wi...

Innovating Through the Metaverse

The Metaverse is a shifting, undefined topic, which is currently the center of much speculation and hype. However, at its center, the concept of the M...

Perspectives On Corporate Venturing

The Rolling Stones might have famously sung, “Start Me Up,” back in the 1980s, and Microsoft later tapped the tune for its Windows 95 marketing ca...

Innovation Reality

When working remotely, the main challenge is bringing people into an office when they live across the country or around the world. The AES Corporation...

Innovation Ventures

The movement for startups and corporate venturing is becoming more and more of a trend in organizations according to Chris Varley, Principal of Goodye...

Rolling Innovation

If you’ve done it once, you can do it again. Make sure to keep doing it, it’s rolling innovation. Amber Case sits down with us to discuss how impo...