Innovation is the core activity of human evolution to change the environment, reach high performance, and make collective progress.
Even if your organization doesn’t yet have an embedded innovation program, I can guarantee that your organization cares about finding opportunities for savings. That’s why programs like LEAN and Six Sigma continue to do so well. There are always new ways to improve efficiency and time saved almost always means money saved.
If you’re reading this, then you probably know the feeling - You’ve reached a certain point in your company’s growth where everything is looking good: you have the right people, the right product, and everyone is happy. Then, you realize that this comfort isn’t going to last forever. Scaling up is a scary step, because it’s easy to be too ambitious and undermine the progress you’ve already made.
Matthew E. May, author of the new book The Laws of Subtraction, believes if we would take a more minimalist approach to our work, seeking ways to get maximum impact with minimum effort, there would be much less waste - and much more innovation.
Successful organizations worldwide realize how important it is to their success to nourish creativity and innovation. Innovation is, after all, the vanguard to increased competitiveness. In my years of experience in the development of innovative electronic products, innovation challenges have necessitated the gathering and practice of techniques from many arenas. Here are a few ideas that we have developed in my company. I hope that they will help you to expand and enable innovation in your organization, too.
These days, it seems as if the entire global economy is headed for the doldrums. A number of countries and regions stand at the brink of recession. What
Often, organizations have a tendency to turn innovation into a highly complex system involving numerous processes, approaches and models. Here's a little secret: It doesn't need to be complex to be effective.