Exploration and discussion concerning improvement and innovation in today's organizations.
In today’s highly competitive and global economy both 'improvement' and 'innovation' are essential for businesses to remain competitive. Generally, improvement aims for high and sustainable performance in existing business areas through continual and incremental gains, while innovation aims for breakthrough resulting in stepwise gains. In the past they were seen as mutually dependent and approached through the various 'silo' functional areas of organizations. Through benchmarking of best practices in use today there is strong evidence to support integrating improvement and innovation to achieve a coherent and powerful approach to sustainable business practices. Look for upcoming post to explore the dilemmas often faced in pursuing improvement and innovation concurrently and to sharing the benefits of successfully integrating them together.
7 Things your competition won’t tell concerning strategies for improvement and innovation
This is the first of a two-part series. Part 1 is identifying topics for APQC's upcoming Product Development/Innovation Best Practices Study and YOUR feedback will be very helpful. Please fill out this 5 minute survey and idenyify which topics are of interest to you and your organization. All participants will receive a summary of the results. The deadline to complete this survey is Tuesday, February 18.
Part 2 will discuss the survey results and provide insight into the upcoming Best Practice Study.
Looking forward to your input,