Setting moderate growth goals leads to incrementalism. To innovate, you need to set drastic goals that force employees to seek out new sources of revenues and to conceive new business models, according to Paul Sloane.
A combination of detail and framework innovation is a potent recipe for business success, according to Jeffrey Baumgartner. What are framework and detail innovation? Read on to find out.
How can you encourage your employees to think of drastic innovations? Paul Sloane shares one simple technique that enables small teams to envision entirely new business models.
Like its name implies, Quick and Easy Kaizen is one of the easiest ways to get started in having all of your employees implement continuous incremental improvement. It's also a key to unleashing the creativity of your employees.
During this week, the Gang of Seven will be exploring the topic of kaizen – continuous improvement – and how it can be applied to project settings, where teams of people may only be working together for the duration of a project. Today's topic is "the case for kaizen on projects." As a first step, I’d like to clarify what the similarities and differences are between kaizen and innovation.
