BizAnalyst Network: Incorporate Real Innovation into Your Company's Business Processes

Tuesday, October 10, 2006

Incorporate Real Innovation into Your Company's Business Processes

Incorporate Real Innovation into Your Company's Business Processes
July 11, 2006 @ 2:00 p.m. Eastern/11:00 a.m. Pacific
Duration: 60 minutes

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Event Overview:
Real innovation, whether it's in technology or business processes, is
not just about inventing something new, but rather it requires a
conscious investment strategy, and the will to carry it out. As
organizations feel the effects of globalization setting in and competition heating up, companies large and small are turning to the diligent application of any number of innovation practices to try and stay ahead.

Customer innovation, innovating from the edge, and innovation road maps are all well-meaning efforts to help companies with the innovation process, but without the proper focus and follow through, these efforts could be fruitless and waste employee time and company money. Innovation means little if new products and services never see the light of day.

Therefore, innovation by itself is not enough, it requires an investment strategy that puts your company's resources where they count, and a people strategy that aligns those resources with the best skills of all your employees.