The Definitive Guide: What is Innovation?

The Definitive Guide: What is Innovation?

Innovation is essential for companies wanting to stay ahead, but it can feel overwhelming. This guide provides a comprehensive understanding of innovation, its types, and how to work with it vs. operations. Innovation is creating something new and valuable that benefits society, companies, or individuals. It goes beyond optimization and requires a learning-by-doing approach. Working with innovation is about finding and realizing something new. Innovation can be categorized into Continuous Improvement, Incremental Innovation, Radical Innovation, and Disruptive Innovation, each requiring a different approach. Companies must establish initiatives in all categories to remain competitive.

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More Innovation Resources:

Five Steps to Add Into Your Innovation Management Process

Planning an innovation management program involves a lot of considerations. In this article, Idea Drop shares the key elements to think about when planning your innovation management process.

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Understanding the Four Enablers of Employee Engagement

Engage for Success identified four key factors called 'The Four Enablers' for employee engagement: Strategic Narrative, Engaging Managers, Employee Voice, and Integrity.

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Strategic Change Management in 1 or 2 steps?

To create strategic change in an organization, should it be a one-step or two-step sell? A one-step sell can be more effective by linking it to things already supported by the organization.

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